SHE:002927 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	74.37	87.72	144.05	91.76	111.79	112.18
Short-Term Investments	-	-	-	-	-	68
Trading Asset Securities	87.29	60.27	18.14	102.16	34	-
Cash & Short-Term Investments	161.66	147.99	162.2	193.91	145.79	180.18
Cash Growth	-34.28%	-8.76%	-16.36%	33.01%	-19.09%	-19.29%
Accounts Receivable	606.64	600.3	655.19	697.66	654.09	595.3
Other Receivables	18.5	12.23	21.98	28.49	35.92	21.68
Receivables	625.14	612.53	677.17	726.15	690.01	616.98
Inventory	278.35	256.07	241.38	252.92	281.77	232.57
Other Current Assets	68.39	86.45	32.93	21.06	25.2	26.97
Total Current Assets	1,134	1,103	1,114	1,194	1,143	1,057
Property, Plant & Equipment	289.06	293.98	285.7	271.77	265.81	170.45
Long-Term Investments	54.53	54.87	50.05	54.93	49.01	52.44
Goodwill	14.47	14.47	27.86	27.86	27.86	27.86
Other Intangible Assets	21.04	21.99	23.69	25.21	27.74	30.37
Long-Term Deferred Tax Assets	26.11	27.03	22.87	21.74	22.13	20.12
Long-Term Deferred Charges	0.23	0.18	0.37	0.48	1.12	2.52
Other Long-Term Assets	8.39	3.46	9.72	6.26	4.89	30.44
Total Assets	1,547	1,519	1,534	1,602	1,541	1,391
Accounts Payable	436.11	386.67	414.31	378.08	376.43	292.31
Accrued Expenses	13.55	18.58	54.06	52.06	54.8	68.35
Short-Term Debt	26.3	57.11	13	30.02	33.8	8
Current Portion of Long-Term Debt	1.18	1.17	-	-	-	-
Current Portion of Leases	-	-	2.22	2.76	1.61	-
Current Income Taxes Payable	15.73	21.33	0.42	4.4	1.82	0.7
Current Unearned Revenue	10.06	4.47	2.46	3.37	7.59	3.61
Other Current Liabilities	12.31	7.94	13.02	24.31	8.95	8.92
Total Current Liabilities	515.23	497.27	499.5	495	485	381.89
Long-Term Leases	4.51	5.15	-	1.2	-	-
Long-Term Unearned Revenue	18.2	18.64	19.65	19.68	19.19	15.76
Long-Term Deferred Tax Liabilities	2.42	1.66	1.95	2.73	2.85	2.96
Total Liabilities	540.35	522.72	521.09	518.6	507.04	400.61
Common Stock	223.19	223.19	223.19	223.2	223.21	223.36
Additional Paid-In Capital	355.68	355.68	355.68	355.86	355.82	355.34
Retained Earnings	428.13	417.42	433.96	437.88	394.34	352.83
Treasury Stock	-	-	-	-0.09	-3.5	-7.42
Total Common Equity	1,007	996.29	1,013	1,017	969.87	924.1
Minority Interest	-	-	-	66.82	64.4	66.2
Shareholders' Equity	1,007	996.29	1,013	1,084	1,034	990.3
Total Liabilities & Equity	1,547	1,519	1,534	1,602	1,541	1,391
Total Debt	31.99	63.42	15.22	33.98	35.41	8
Net Cash (Debt)	129.67	84.56	146.98	159.93	110.38	172.18
Net Cash Growth	16.72%	-42.47%	-8.10%	44.89%	-35.89%	-14.44%
Net Cash Per Share	0.49	0.31	0.67	0.73	0.50	0.77
Filing Date Shares Outstanding	214.26	411.17	223.19	223.2	223.22	223.36
Total Common Shares Outstanding	214.26	411.17	223.19	223.2	223.21	223.36
Working Capital	618.31	605.76	614.18	699.04	657.77	674.81
Book Value Per Share	4.70	2.42	4.54	4.56	4.35	4.14
Tangible Book Value	971.5	959.84	961.29	963.8	914.28	865.88
Tangible Book Value Per Share	4.53	2.33	4.31	4.32	4.10	3.88
Buildings	-	-	231.09	125.99	124.44	117.96
Machinery	-	-	184.68	174.57	161.22	147.03
Construction In Progress	-	-	28.56	114.19	108.53	18.86

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