SHE:002947 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	1,341	1,342	600.79	703.27	311.32	385.65
Short-Term Investments	-	-	-	-	280	482
Trading Asset Securities	714.28	722.78	1,084	206.65	261.18	25
Cash & Short-Term Investments	2,055	2,065	1,685	909.92	852.5	892.65
Cash Growth	7.65%	22.56%	85.16%	6.73%	-4.50%	-4.37%
Accounts Receivable	1,222	1,324	1,236	944.52	748.81	604.14
Other Receivables	5.94	23.02	20.6	19.77	13.87	24
Receivables	1,228	1,347	1,256	964.28	762.68	628.15
Inventory	315.35	293.24	269.8	209.87	288.37	207.49
Other Current Assets	12.8	4.93	4.31	6.14	3.01	3.94
Total Current Assets	3,611	3,710	3,215	2,090	1,907	1,732
Property, Plant & Equipment	544.03	554.72	567.32	487.84	408.23	282.54
Goodwill	73.61	73.61	73.61	73.61	73.61	74.06
Other Intangible Assets	65.01	65	65.35	65.88	71.77	73.01
Long-Term Deferred Tax Assets	5.25	5.64	1.72	3.83	13.82	8.92
Long-Term Deferred Charges	23.1	21.51	19.85	21.61	9.48	12.82
Other Long-Term Assets	18.75	13.53	15.83	59.47	7.07	11.6
Total Assets	4,341	4,444	3,959	2,802	2,491	2,195
Accounts Payable	649.22	706.91	528.86	474.44	417.99	394.91
Accrued Expenses	77.54	59.12	70.36	41.67	83.23	42.57
Short-Term Debt	-	149.47	51.28	58.96	0.91	4.17
Current Portion of Leases	-	16.89	12.64	9.88	18.87	9.91
Current Income Taxes Payable	-	16.74	31.75	6.53	7.74	9.4
Current Unearned Revenue	0.82	0.55	0.28	2.79	0.12	0.59
Other Current Liabilities	22.82	9.27	13.76	19.06	26.26	3.29
Total Current Liabilities	750.4	958.96	708.94	613.33	555.12	464.85
Long-Term Debt	269.98	270.13	4.97	0.7	-	-
Long-Term Leases	64.31	67.34	72.69	77.2	51.06	5.8
Long-Term Unearned Revenue	1.76	12.13	1.82	2.12	1.73	1.79
Long-Term Deferred Tax Liabilities	7.7	7.07	0.02	5.63	17.12	-
Total Liabilities	1,094	1,316	788.45	698.99	625.03	472.44
Common Stock	256.21	256.21	256.21	230.17	230.17	176.13
Additional Paid-In Capital	1,794	1,799	1,797	1,074	1,056	1,105
Retained Earnings	1,676	1,525	1,143	800.23	587.89	429.68
Treasury Stock	-494.01	-466.8	-38.35	-13.52	-20.79	-
Comprehensive Income & Other	1.97	2.59	1.8	0.86	0.03	-0.09
Total Common Equity	3,234	3,115	3,159	2,091	1,854	1,711
Minority Interest	12.81	12.61	10.92	11.97	11.73	12.14
Shareholders' Equity	3,247	3,128	3,170	2,103	1,866	1,723
Total Liabilities & Equity	4,341	4,444	3,959	2,802	2,491	2,195
Total Debt	334.29	503.83	141.59	146.74	70.84	19.89
Net Cash (Debt)	1,721	1,561	1,543	763.18	781.65	872.76
Net Cash Growth	-5.37%	1.16%	102.20%	-2.36%	-10.44%	-6.26%
Net Cash Per Share	6.74	6.10	6.45	3.34	3.40	3.91
Filing Date Shares Outstanding	256.59	243.76	255.01	228.98	240.66	228.97
Total Common Shares Outstanding	256.59	243.76	255.01	228.98	240.66	228.97
Working Capital	2,861	2,751	2,506	1,477	1,351	1,267
Book Value Per Share	12.60	12.78	12.39	9.13	7.70	7.47
Tangible Book Value	3,095	2,977	3,020	1,952	1,708	1,564
Tangible Book Value Per Share	12.06	12.21	11.84	8.52	7.10	6.83
Buildings	-	227.37	156.07	130.84	77.73	77.73
Machinery	-	492.61	437.49	390.57	328.52	264.57
Construction In Progress	-	11.9	94.68	40.42	63.28	31.97

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