SHE:002968 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	299.6	542.46	599.88	615.82	600.05	670.45
Cash & Short-Term Investments	299.6	542.46	599.88	615.82	600.05	670.45
Cash Growth	-22.08%	-9.57%	-2.59%	2.63%	-10.50%	-0.90%
Accounts Receivable	935.57	756.03	766.15	689.5	481.08	321.21
Other Receivables	154.16	140.59	141.19	142.35	132.74	122.01
Receivables	1,090	896.63	907.34	831.86	613.81	443.22
Inventory	8.95	9.22	7.93	10.54	3.38	6.75
Prepaid Expenses	-	3.42	0.37	0.43	0	0.03
Other Current Assets	37.9	30.28	21.68	25.36	19	12.87
Total Current Assets	1,436	1,482	1,537	1,484	1,236	1,133
Property, Plant & Equipment	195.39	199.68	188.72	253.86	215.18	180.26
Long-Term Investments	12.03	30.42	44.54	53.36	46.87	32.91
Goodwill	127.79	127.79	127.79	127.79	69.78	40.21
Other Intangible Assets	102.69	100.36	95.52	33.14	5.87	6.84
Long-Term Accounts Receivable	-	0.55	0.98	-	-	-
Long-Term Deferred Tax Assets	7.69	7.02	6.76	3.52	5.62	7.17
Long-Term Deferred Charges	1.87	1.8	1.02	1.96	2.58	3.01
Other Long-Term Assets	132.25	82.13	93.33	94.57	88.11	49.99
Total Assets	2,016	2,032	2,096	2,052	1,670	1,454
Accounts Payable	275.66	270.67	308.7	270.44	124.95	96.06
Accrued Expenses	196.8	251.88	258.91	271.64	191.1	198.69
Short-Term Debt	0.78	0.78	0.78	4.58	1.57	-
Current Portion of Long-Term Debt	18.47	2.99	2.99	2.37	0.35	-
Current Portion of Leases	-	14.47	17.34	14.07	20.17	9.27
Current Income Taxes Payable	35.38	6.92	11.29	10.42	15.5	16.46
Current Unearned Revenue	29.42	32.88	31.82	39.1	35.23	33.1
Other Current Liabilities	110.12	125.03	147.64	165.26	116.78	79.1
Total Current Liabilities	666.63	705.62	779.47	777.88	505.64	432.67
Long-Term Debt	29.47	30.97	30.84	24.5	0.23	-
Long-Term Leases	13.88	13.34	15.51	16.86	20.64	23.37
Long-Term Unearned Revenue	6.69	6.76	7.05	7.34	7.62	7.91
Long-Term Deferred Tax Liabilities	5.04	5.03	5.46	5.34	4.91	2.38
Other Long-Term Liabilities	0.27	0.38	-	-	-	-
Total Liabilities	721.97	762.09	838.33	831.92	539.03	466.32
Common Stock	226.28	226.28	226.28	227.76	229.09	162.68
Additional Paid-In Capital	367.09	367.09	368.04	389.42	414.28	449.34
Retained Earnings	656.58	622.49	602.85	574.94	482.87	378.17
Treasury Stock	-28.17	-28.17	-15.19	-23.2	-34.08	-26.11
Comprehensive Income & Other	24.17	24.27	24.74	24.81	24.91	9.99
Total Common Equity	1,246	1,212	1,207	1,194	1,117	974.08
Minority Interest	47.96	57.69	50.82	26.57	14.14	13.31
Shareholders' Equity	1,294	1,270	1,258	1,220	1,131	987.39
Total Liabilities & Equity	2,016	2,032	2,096	2,052	1,670	1,454
Total Debt	62.6	62.54	67.46	62.39	42.95	32.64
Net Cash (Debt)	237	479.92	532.42	553.43	557.1	637.81
Net Cash Growth	-26.31%	-9.86%	-3.80%	-0.66%	-12.65%	-4.47%
Net Cash Per Share	1.05	2.12	2.39	2.45	2.46	2.80
Filing Date Shares Outstanding	226.28	226.28	226.28	227.76	229.09	227.75
Total Common Shares Outstanding	226.28	226.28	226.28	227.76	229.09	227.75
Working Capital	769.55	776.38	757.75	706.14	730.6	700.65
Book Value Per Share	5.51	5.36	5.33	5.24	4.88	4.28
Tangible Book Value	1,015	983.82	983.4	1,033	1,041	927.02
Tangible Book Value Per Share	4.49	4.35	4.35	4.53	4.55	4.07
Buildings	-	135.39	128.66	128.66	124.49	120.71
Machinery	-	168.06	144.03	139.92	99.48	64.48
Construction In Progress	-	3.51	0.61	50.99	21.73	10.85

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