SHE:002950 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	518.06	967.62	585.16	397.04	522.2	678.46
Short-Term Investments	-	-	-	2.14	-	-
Trading Asset Securities	252	4.56	83.15	96.82	264.63	8.14
Cash & Short-Term Investments	770.06	972.18	668.32	496	786.84	686.6
Cash Growth	-13.70%	45.47%	34.74%	-36.96%	14.60%	-55.35%
Accounts Receivable	465.73	522.06	482.75	391.25	521.56	532.46
Other Receivables	150.46	91.74	72.76	68.01	47.38	56.58
Receivables	616.19	613.79	555.51	459.26	568.94	589.04
Inventory	820.08	720.3	615.27	707.21	877.33	846.63
Other Current Assets	135.93	98.69	88.72	117.08	165.85	120.83
Total Current Assets	2,342	2,405	1,928	1,780	2,399	2,243
Property, Plant & Equipment	2,060	2,049	1,829	1,988	2,019	1,603
Long-Term Investments	566.86	718.13	898.22	905.33	824.79	758.68
Goodwill	97.94	97.94	95.3	98.09	98.09	25.99
Other Intangible Assets	220.68	225.1	182.78	202.66	213.58	234.75
Long-Term Accounts Receivable	-	-	-	-	-	17.05
Long-Term Deferred Tax Assets	79.18	82.37	49.14	56.19	48.88	64
Long-Term Deferred Charges	14.04	12.72	6.76	7.08	4.74	1.14
Other Long-Term Assets	522.22	16.87	69.54	46.95	139.79	57.01
Total Assets	5,903	5,607	5,059	5,084	5,748	5,005
Accounts Payable	460.93	476.22	360.87	326.1	897.32	253.86
Accrued Expenses	147.19	107.11	90.01	76.39	84.96	79.82
Short-Term Debt	564.18	595.28	494.31	749.57	792.09	1,060
Current Portion of Long-Term Debt	-	38.95	69.11	54.2	27.15	99.09
Current Portion of Leases	-	-	7.68	6.36	2.1	2.27
Current Income Taxes Payable	-	45.97	24.54	6.29	4.93	35.28
Current Unearned Revenue	9.05	18.15	13.02	64.84	129.32	7.8
Other Current Liabilities	88.01	47.57	48.2	41.7	129.06	100.91
Total Current Liabilities	1,269	1,329	1,108	1,325	2,067	1,639
Long-Term Debt	364.45	114.55	89.17	146.32	111.41	127.61
Long-Term Leases	58.35	58.79	0.43	4.61	5.37	0.6
Long-Term Unearned Revenue	253.5	259.47	197.51	191.94	189.68	292.17
Long-Term Deferred Tax Liabilities	236.01	230.32	216.04	199.71	243.16	193.82
Other Long-Term Liabilities	-	-	-	5.32	-	-
Total Liabilities	2,182	1,992	1,611	1,873	2,617	2,253
Common Stock	633.27	633.27	633.27	633.27	633.27	633.27
Additional Paid-In Capital	580.21	580.21	580.21	565.77	565.77	564.49
Retained Earnings	2,633	2,524	2,312	1,960	1,888	1,619
Treasury Stock	-148.52	-148.52	-97.89	-	-	-
Comprehensive Income & Other	-0.13	6.36	8.96	28.1	14.32	-63.63
Total Common Equity	3,698	3,595	3,437	3,187	3,101	2,753
Minority Interest	24.11	19.77	11.51	23.73	29.91	-0.91
Shareholders' Equity	3,722	3,615	3,448	3,211	3,131	2,752
Total Liabilities & Equity	5,903	5,607	5,059	5,084	5,748	5,005
Total Debt	986.98	807.57	660.7	961.06	938.13	1,289
Net Cash (Debt)	-216.92	164.61	7.62	-465.06	-151.29	-602.53
Net Cash Growth	-	2060.49%	-	-	-	-
Net Cash Per Share	-0.35	0.27	0.01	-0.73	-0.24	-0.95
Filing Date Shares Outstanding	615.54	579.21	618.76	621.92	633.27	633.27
Total Common Shares Outstanding	615.54	579.21	618.76	633.27	633.27	633.27
Working Capital	1,073	1,076	820.08	454.08	332.03	604.51
Book Value Per Share	6.01	6.21	5.55	5.03	4.90	4.35
Tangible Book Value	3,379	3,272	3,158	2,886	2,789	2,492
Tangible Book Value Per Share	5.49	5.65	5.10	4.56	4.40	3.94
Buildings	-	-	1,197	1,220	1,044	989.99
Machinery	-	-	1,879	2,044	1,679	1,534
Construction In Progress	-	-	27	18.35	400.62	38.24

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