SHE:002912 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	732.86	934.55	811.98	745.63	995.74	803.88
Trading Asset Securities	335	230	300	295	-	390
Cash & Short-Term Investments	1,068	1,165	1,112	1,041	995.74	1,194
Cash Growth	1.48%	4.73%	6.86%	4.51%	-16.60%	-19.12%
Accounts Receivable	287.91	293.38	252.77	390.12	224.54	308.06
Other Receivables	8.57	7.82	8.83	7.15	8.14	11.37
Receivables	296.47	301.21	261.6	397.28	232.68	319.43
Inventory	302.71	243.42	205.36	252.77	274.11	216.14
Prepaid Expenses	-	3.05	3.33	8.46	8.82	16.08
Other Current Assets	14.55	5.91	2.06	2.12	4.37	3.51
Total Current Assets	1,682	1,718	1,584	1,701	1,516	1,749
Property, Plant & Equipment	167.22	170.63	179.86	190.04	192.23	209.48
Long-Term Investments	7.57	7.57	7.39	7.52	5.86	5.22
Other Intangible Assets	23.73	24.12	25.86	27.96	26.43	26.53
Long-Term Deferred Tax Assets	115.25	115.25	115.25	116.63	116.71	68.66
Long-Term Deferred Charges	1.23	1.42	2.15	2.89	4.01	1.89
Other Long-Term Assets	94.09	95.17	96.06	100.39	104.69	102.96
Total Assets	2,091	2,132	2,011	2,147	1,966	2,164
Accounts Payable	209.41	147.59	83.3	76.69	107.58	88.23
Accrued Expenses	67.56	81.91	82.18	94.48	84.06	76.74
Short-Term Debt	-	-	11.89	5.69	-	-
Current Portion of Leases	-	2.05	2.38	3.83	2.16	3.24
Current Income Taxes Payable	2.98	-	-	-	-	0.45
Current Unearned Revenue	142.65	146.55	104.22	242.56	132.46	124.35
Other Current Liabilities	6.51	10.84	7.68	9.31	43.24	151.33
Total Current Liabilities	430.72	388.94	291.65	432.57	369.49	444.34
Long-Term Leases	2.07	0.76	1.1	2.64	3.34	3.59
Long-Term Unearned Revenue	17.9	19.5	31.32	31.91	26.7	27.06
Long-Term Deferred Tax Liabilities	-	-	-	1.39	1.46	-
Other Long-Term Liabilities	5.6	6.44	5.76	5.94	6.68	8.97
Total Liabilities	456.28	415.64	329.84	474.45	407.66	483.95
Common Stock	170.75	170.75	170.75	170.75	171.83	175.07
Additional Paid-In Capital	477.72	477.72	477.72	477.72	512.69	618.27
Retained Earnings	985.7	1,068	1,032	1,024	909.53	1,031
Treasury Stock	-	-	-	-	-36.06	-144.88
Comprehensive Income & Other	0.23	0.45	0.11	-	-	-
Shareholders' Equity	1,634	1,717	1,681	1,672	1,558	1,680
Total Liabilities & Equity	2,091	2,132	2,011	2,147	1,966	2,164
Total Debt	3.66	2.81	15.38	12.17	5.5	6.83
Net Cash (Debt)	1,064	1,162	1,097	1,028	990.24	1,187
Net Cash Growth	1.41%	5.94%	6.63%	3.86%	-16.58%	-19.58%
Net Cash Per Share	6.30	6.86	6.41	6.03	5.76	6.96
Filing Date Shares Outstanding	170.89	170.75	170.75	170.75	171.83	175.07
Total Common Shares Outstanding	170.89	170.75	170.75	170.75	171.83	175.07
Working Capital	1,251	1,329	1,293	1,269	1,146	1,305
Book Value Per Share	9.56	10.05	9.84	9.79	9.07	9.60
Tangible Book Value	1,611	1,693	1,655	1,644	1,532	1,653
Tangible Book Value Per Share	9.43	9.91	9.69	9.63	8.91	9.44
Buildings	-	171.31	171.31	169.88	169.88	175.54
Machinery	-	163.85	168.43	163.3	144.97	131.25
Construction In Progress	-	-	-	0.67	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.