SHE:002962 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,072	1,069	1,123	1,151	1,119	1,010
Cash & Short-Term Investments	1,072	1,069	1,123	1,151	1,119	1,010
Cash Growth	-2.56%	-4.81%	-2.47%	2.91%	10.75%	-7.15%
Accounts Receivable	242.3	216.15	142.64	138.02	157.46	272.72
Other Receivables	0.56	0.14	0.99	0.14	0.18	1.73
Receivables	242.86	216.29	143.62	138.16	157.64	274.45
Inventory	167.34	243.41	168.63	165.32	101.56	97.98
Other Current Assets	25.16	30.15	28.33	2.26	3.29	4.22
Total Current Assets	1,507	1,559	1,464	1,457	1,381	1,387
Property, Plant & Equipment	401.38	416.19	441.09	457.32	475.27	508.02
Long-Term Investments	156.48	140.9	127.47	103.52	65.83	68.53
Other Intangible Assets	68.56	69.03	70.74	72.58	74.47	76.25
Long-Term Deferred Tax Assets	9.45	9.64	7.28	7.88	7.18	7.6
Long-Term Deferred Charges	5.58	6.17	7.36	2.38	2.89	3.73
Other Long-Term Assets	10.9	2.7	4.78	17.04	2.68	1.95
Total Assets	2,160	2,203	2,122	2,118	2,010	2,053
Accounts Payable	148.35	191.53	139.53	152.99	78.67	143.53
Accrued Expenses	11.29	13.66	16.67	14.86	13.98	14.86
Short-Term Debt	60.04	60.03	85.7	50.04	10.47	26.95
Current Portion of Long-Term Debt	2.26	2.26	-	-	-	-
Current Portion of Leases	-	-	0.24	0.22	0.12	0.34
Current Income Taxes Payable	2.74	3.75	-	4.07	6.04	2.67
Current Unearned Revenue	0.05	0.05	2.19	3.71	2.1	0.93
Other Current Liabilities	3.5	3.66	9.08	16.91	27.67	44.42
Total Current Liabilities	228.23	274.93	253.41	242.81	139.06	233.69
Long-Term Debt	101.57	102.07	-	-	-	-
Long-Term Leases	-	0.07	0.32	0.56	-	0.12
Long-Term Unearned Revenue	52.56	52.7	38.32	41.11	38.83	32.65
Long-Term Deferred Tax Liabilities	1.22	1.24	0.76	1.17	1.04	-
Total Liabilities	383.58	431.01	292.81	285.64	178.93	266.46
Common Stock	291.67	291.67	291.67	292.93	293.48	294.05
Additional Paid-In Capital	958.81	958.81	960.05	969.26	979.56	980.25
Retained Earnings	565.3	561.26	581.86	575.31	566.21	536.16
Treasury Stock	-41.34	-41.34	-5.59	-10.72	-20.45	-33.65
Total Common Equity	1,774	1,770	1,828	1,827	1,819	1,777
Minority Interest	1.68	1.96	1.44	5.41	11.94	9.71
Shareholders' Equity	1,776	1,772	1,829	1,832	1,831	1,787
Total Liabilities & Equity	2,160	2,203	2,122	2,118	2,010	2,053
Total Debt	163.87	164.43	86.26	50.82	10.59	27.4
Net Cash (Debt)	908.11	904.46	1,037	1,101	1,108	982.87
Net Cash Growth	-13.06%	-12.75%	-5.80%	-0.70%	12.76%	-9.67%
Net Cash Per Share	2.86	3.17	3.50	3.73	3.74	3.37
Filing Date Shares Outstanding	404.11	273.14	289.2	286.35	316.32	290.3
Total Common Shares Outstanding	404.11	273.14	291.22	286.35	316.32	290.3
Working Capital	1,279	1,284	1,210	1,214	1,242	1,153
Book Value Per Share	4.39	6.48	6.28	6.38	5.75	6.12
Tangible Book Value	1,706	1,701	1,757	1,754	1,744	1,701
Tangible Book Value Per Share	4.22	6.23	6.03	6.13	5.51	5.86
Buildings	-	-	188.98	184.82	150.88	149.45
Machinery	-	-	627.1	577.81	579.64	570.89
Construction In Progress	-	-	22.6	31.77	24.17	4.72

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