SHE:002952 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	221.89	184.83	190.6	90.93	126.59	101.19
Short-Term Investments	-	-	190	267	220	309
Trading Asset Securities	28.12	30.04	-	5.48	6.04	8
Cash & Short-Term Investments	250.01	214.86	380.6	363.42	352.63	418.19
Cash Growth	257.25%	-43.55%	4.73%	3.06%	-15.68%	-33.09%
Accounts Receivable	174.96	207.23	148.49	107.45	253.34	136.46
Other Receivables	2.27	2.23	2.81	3.58	3.24	0.96
Receivables	177.23	209.47	151.3	111.03	256.58	137.42
Inventory	242.65	243.93	315.99	326.83	369.19	227.16
Other Current Assets	198.96	169.35	24.55	59.02	47.64	103.75
Total Current Assets	868.85	837.61	872.44	860.29	1,026	886.52
Property, Plant & Equipment	255.04	262.5	254.19	249.26	195.06	135.2
Long-Term Investments	0.43	0.48	1.05	-	-	-
Other Intangible Assets	15.34	15.49	16.2	16.79	15.41	15.66
Long-Term Deferred Tax Assets	6.99	6.63	5.53	5.76	1.45	0.92
Long-Term Deferred Charges	2.53	2.72	2.73	0.7	1.46	2.76
Other Long-Term Assets	10.66	10.41	4	6.05	17.92	11.42
Total Assets	1,160	1,136	1,156	1,139	1,257	1,052
Accounts Payable	203.27	183.5	235.08	162.7	238.81	149.27
Accrued Expenses	5.78	6.48	6.28	3.91	8.86	5
Current Portion of Long-Term Debt	4.75	4.67	-	-	-	-
Current Portion of Leases	-	-	2.77	4.06	2.49	0.34
Current Income Taxes Payable	0.44	0.85	-	0.99	5.56	1.89
Current Unearned Revenue	4.41	7.08	6.15	5.79	4.7	4.31
Other Current Liabilities	17.15	17.43	1.17	52.47	40.95	34.19
Total Current Liabilities	235.81	220.01	251.45	229.92	301.38	195
Long-Term Leases	8.44	10.48	1.18	3.82	1.13	0.17
Long-Term Unearned Revenue	15.21	15.69	17.73	19.81	21.87	23.73
Long-Term Deferred Tax Liabilities	0.16	0.2	0.32	0.43	1.02	0.28
Other Long-Term Liabilities	0.16	1.24	-	-	-	-
Total Liabilities	259.78	247.62	270.68	253.97	325.4	219.18
Common Stock	164.34	164.34	164.34	164.34	164.34	164.34
Additional Paid-In Capital	368.09	365.84	363.75	363.76	363.76	363.5
Retained Earnings	374.11	365.18	362.61	358.8	400.46	305.47
Treasury Stock	-24.46	-24.46	-24.46	-24.46	-22.77	-
Comprehensive Income & Other	-1.25	-0.85	-0.06	-0.16	-	-
Total Common Equity	880.83	870.04	866.18	862.27	905.79	833.3
Minority Interest	19.23	18.17	19.28	22.61	26.14	-
Shareholders' Equity	900.06	888.21	885.46	884.88	931.93	833.3
Total Liabilities & Equity	1,160	1,136	1,156	1,139	1,257	1,052
Total Debt	13.19	15.15	3.95	7.88	3.63	0.51
Net Cash (Debt)	236.82	199.71	376.65	355.53	349	417.68
Net Cash Growth	250.40%	-46.98%	5.94%	1.87%	-16.44%	-33.17%
Net Cash Per Share	1.55	1.31	2.24	2.14	2.13	2.54
Filing Date Shares Outstanding	148.85	123.6	162.34	162.34	162.44	164.34
Total Common Shares Outstanding	148.85	123.6	162.34	162.34	162.44	164.34
Working Capital	633.05	617.59	620.99	630.37	724.65	691.52
Book Value Per Share	5.92	7.04	5.34	5.31	5.58	5.07
Tangible Book Value	865.49	854.55	849.99	845.48	890.39	817.65
Tangible Book Value Per Share	5.81	6.91	5.24	5.21	5.48	4.98
Buildings	-	-	167.41	135.94	54.85	36.93
Machinery	-	-	184	141.26	127.69	101.44
Construction In Progress	-	-	1.01	49.58	84.73	66.5

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