SHE:002937 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	635.65	655.27	880.24	641.34	416.51	418.1
Trading Asset Securities	-	40	-	240	45	22.76
Cash & Short-Term Investments	635.65	695.27	880.24	881.34	461.51	440.86
Cash Growth	-27.49%	-21.01%	-0.13%	90.97%	4.69%	-19.03%
Accounts Receivable	463.9	421.76	416.88	435.29	454.63	361.82
Other Receivables	1.38	1.27	5.43	15.13	17.91	19.67
Receivables	465.29	423.03	422.31	450.42	472.54	381.49
Inventory	216.49	181.41	147.26	196.59	251.78	143.15
Other Current Assets	13.23	12.85	13.38	6.42	6.52	4.53
Total Current Assets	1,331	1,313	1,463	1,535	1,192	970.04
Property, Plant & Equipment	948.38	937.17	823.83	747.34	515.48	329.59
Long-Term Investments	122.51	119.39	89.95	90.29	59.89	9
Other Intangible Assets	121.46	123.68	107.74	111.47	101.08	103.88
Long-Term Deferred Tax Assets	2.41	3.95	3.51	6.86	8.26	2.88
Long-Term Deferred Charges	22.58	24.1	26.59	16.28	17.39	14.67
Other Long-Term Assets	55.48	13.4	21.59	21.98	10.87	3.65
Total Assets	2,603	2,534	2,536	2,529	1,905	1,434
Accounts Payable	501.38	396.23	370.35	453.35	415.6	276.14
Accrued Expenses	31.84	72.39	80.58	87.25	86.58	57.55
Short-Term Debt	-	-	-	-	30.03	-
Current Portion of Long-Term Debt	1.69	1.96	-	-	-	-
Current Portion of Leases	-	-	0.89	3.39	3.98	5.17
Current Income Taxes Payable	12.08	14.31	4.26	10.76	5.21	1.59
Current Unearned Revenue	3.26	0.98	2.6	1.76	1.76	0.19
Other Current Liabilities	34.23	34.45	50.73	34.73	26.57	31.45
Total Current Liabilities	584.47	520.31	509.42	591.23	569.74	372.08
Long-Term Debt	423.95	419.12	401.85	384.72	50.05	-
Long-Term Leases	17.23	17.51	17.37	18.26	21	2.05
Long-Term Unearned Revenue	9.23	9.62	8.05	3.4	3.73	1.07
Long-Term Deferred Tax Liabilities	0.78	0.85	1.01	0.88	5.4	0.07
Total Liabilities	1,036	967.42	937.7	998.48	649.91	375.27
Common Stock	297.78	297.78	297.78	297.77	297.85	297.53
Additional Paid-In Capital	330.79	330.79	339.39	376.35	367.37	353.64
Retained Earnings	993.44	957.26	929.29	789.72	612	446.6
Treasury Stock	-112.94	-87.09	-45.21	-12.8	-23.23	-28.32
Comprehensive Income & Other	58.55	67.91	77.09	79.54	2.08	-11.06
Total Common Equity	1,568	1,567	1,598	1,531	1,256	1,058
Minority Interest	0.19	0.19	0.36	-0.07	-0.65	0.03
Shareholders' Equity	1,568	1,567	1,599	1,531	1,255	1,058
Total Liabilities & Equity	2,603	2,534	2,536	2,529	1,905	1,434
Total Debt	442.87	438.59	420.11	406.37	105.06	7.22
Net Cash (Debt)	192.78	256.68	460.13	474.97	356.46	433.65
Net Cash Growth	-57.33%	-44.21%	-3.13%	33.25%	-17.80%	-20.35%
Net Cash Per Share	0.65	0.87	1.55	1.55	1.21	1.45
Filing Date Shares Outstanding	301.47	291.68	297.78	297.78	297.85	297.53
Total Common Shares Outstanding	301.47	291.68	297.78	297.77	297.85	297.53
Working Capital	746.18	792.26	953.77	943.54	622.62	597.95
Book Value Per Share	5.20	5.37	5.37	5.14	4.22	3.56
Tangible Book Value	1,446	1,443	1,491	1,419	1,155	954.51
Tangible Book Value Per Share	4.80	4.95	5.01	4.77	3.88	3.21
Buildings	-	-	558.46	247.81	231.47	127.53
Machinery	-	-	645.77	552	506.82	447.15
Construction In Progress	-	-	29.47	294.7	72.05	55.64

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