SHE:002933 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	455.7	418.04	694.28	1,209	877.97	973.43
Short-Term Investments	-	267.73	-	-	-	-
Trading Asset Securities	287.74	596.48	600.38	185.3	50	-
Cash & Short-Term Investments	743.44	1,282	1,295	1,394	927.97	973.43
Cash Growth	-39.54%	-0.96%	-7.13%	50.23%	-4.67%	56.07%
Accounts Receivable	357.62	433.83	351.74	340.02	236.68	266.27
Other Receivables	1.22	10.2	9.35	6.9	2.04	2.48
Receivables	358.83	444.03	361.09	346.92	238.72	268.75
Inventory	233.76	252.39	265.1	268.24	212.43	166.86
Other Current Assets	612.69	8.97	20.78	17.42	23.82	31.46
Total Current Assets	1,949	1,988	1,942	2,027	1,403	1,441
Property, Plant & Equipment	150.9	153.66	183.07	198.01	162.28	127.49
Long-Term Investments	56.04	56.04	65.69	66.28	14.53	14
Other Intangible Assets	65.13	67.04	78.28	84.69	93.14	100.18
Long-Term Accounts Receivable	-	53.99	56.08	30.31	28.81	18.21
Long-Term Deferred Tax Assets	31.27	33.01	36.32	46.53	54.66	32.61
Long-Term Deferred Charges	-	-	0.06	-	-	0.11
Other Long-Term Assets	75.05	21.54	21.51	0.51	3.26	17.17
Total Assets	2,327	2,373	2,383	2,453	1,760	1,750
Accounts Payable	248.38	275.52	272.67	265.98	95.36	105.35
Accrued Expenses	28.06	36.35	39.65	34.98	31.48	31.04
Current Portion of Long-Term Debt	13.82	5.21	2.71	0.21	-	-
Current Portion of Leases	-	7.34	5.12	7.92	8.99	8.71
Current Income Taxes Payable	4.24	1.69	-	0.77	0.7	4.44
Current Unearned Revenue	49.98	56.28	76.04	154.13	35.65	28.98
Other Current Liabilities	10.82	11.45	19.31	33.44	57.27	14.52
Total Current Liabilities	355.3	393.83	415.51	497.43	229.45	193.05
Long-Term Debt	390	392.5	397.5	400	-	-
Long-Term Leases	35.88	36.77	59.27	67.77	76.79	85.5
Long-Term Deferred Tax Liabilities	7.59	9.26	10.5	10.5	12.19	-
Total Liabilities	788.78	832.35	882.78	975.7	318.43	278.55
Common Stock	117.35	117.35	117.35	117.35	117.35	117.35
Additional Paid-In Capital	628.94	628.94	627.08	616.65	592.54	649.47
Retained Earnings	767.1	769.32	732.2	716.23	701.98	760.4
Treasury Stock	-	-	-	-	-	-84.3
Comprehensive Income & Other	24.94	24.94	25.04	25.38	25.79	23.72
Total Common Equity	1,538	1,541	1,502	1,476	1,438	1,467
Minority Interest	-	-	-1.8	1.68	3.51	5.09
Shareholders' Equity	1,538	1,541	1,500	1,477	1,441	1,472
Total Liabilities & Equity	2,327	2,373	2,383	2,453	1,760	1,750
Total Debt	439.7	441.82	464.61	475.9	85.78	94.21
Net Cash (Debt)	303.74	840.44	830.06	918.18	842.19	879.21
Net Cash Growth	-60.27%	1.25%	-9.60%	9.02%	-4.21%	40.96%
Net Cash Per Share	2.65	7.24	7.03	7.73	7.45	9.55
Filing Date Shares Outstanding	110.97	117.35	117.35	117.35	117.35	113.33
Total Common Shares Outstanding	110.97	117.35	117.35	117.35	117.35	114.36
Working Capital	1,593	1,594	1,526	1,529	1,173	1,247
Book Value Per Share	13.86	13.13	12.80	12.57	12.25	12.82
Tangible Book Value	1,473	1,474	1,423	1,391	1,345	1,366
Tangible Book Value Per Share	13.28	12.56	12.13	11.85	11.46	11.95
Buildings	-	125.99	122.87	122.64	21.1	21.1
Machinery	-	39.57	37.21	36.95	30	26.96
Construction In Progress	-	-	0.85	1.29	57.45	10.08

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