SHE:002979 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	231.52	404.86	286.26	358.39	442.3	230.21
Short-Term Investments	-	-	129.38	98.3	-	144.82
Trading Asset Securities	419.92	406.27	82.28	1.28	1.25	9.41
Cash & Short-Term Investments	651.44	811.12	497.92	457.97	443.55	384.44
Cash Growth	50.92%	62.90%	8.72%	3.25%	15.38%	-33.77%
Accounts Receivable	1,085	1,001	819.18	624.24	582.96	376.65
Other Receivables	7.78	8.04	5.53	6.22	39.14	7.45
Receivables	1,093	1,009	824.71	630.46	622.1	384.11
Inventory	514.31	416.49	375.57	463.23	395.26	394.1
Other Current Assets	255.1	259.59	10.87	22.24	9.68	50.45
Total Current Assets	2,513	2,497	1,709	1,574	1,471	1,213
Property, Plant & Equipment	447.74	444.8	431.19	442.56	430.83	112.15
Long-Term Investments	49.64	48.57	167.34	202.89	210.61	124.17
Goodwill	7.65	7.65	7.65	7.65	7.65	8.5
Other Intangible Assets	34.19	33.82	11.73	14.53	15.02	17.49
Long-Term Deferred Tax Assets	28.64	27.05	26.93	32.39	21.22	8.18
Long-Term Deferred Charges	5.97	7.35	3.3	5.74	6.62	5.67
Other Long-Term Assets	85.21	50.15	21.42	25.48	31.25	157.89
Total Assets	3,172	3,116	2,379	2,305	2,194	1,647
Accounts Payable	585.7	532.99	389.68	369.06	401.61	251.88
Accrued Expenses	84.14	82.13	65.12	63.24	60.33	55.84
Short-Term Debt	140.18	235.37	95.29	177.55	55.88	88.98
Current Portion of Long-Term Debt	84	84.12	27.75	69.01	22.57	5.8
Current Portion of Leases	-	-	10.94	12.95	11.61	11.07
Current Income Taxes Payable	17.14	21.86	8.41	6.49	6.97	1.76
Current Unearned Revenue	13.01	12.73	8.81	3.38	7.62	2.97
Other Current Liabilities	174.7	181.58	43.07	59.49	132.93	13.35
Total Current Liabilities	1,099	1,151	649.08	761.17	699.52	431.64
Long-Term Debt	148.4	148.4	222.92	201.4	270.1	103.7
Long-Term Leases	14.57	16.92	1.26	11	4.25	9.68
Long-Term Unearned Revenue	5.07	5.07	-	-	2.44	7.26
Long-Term Deferred Tax Liabilities	0.1	0.11	-	-	-	-
Other Long-Term Liabilities	1.31	1.29	0.61	0.51	0.47	0.42
Total Liabilities	1,268	1,323	873.86	974.08	976.79	552.69
Common Stock	314.83	314.29	307.64	309.29	309.1	301.6
Additional Paid-In Capital	682.15	646.84	395.86	382.14	358.43	374.91
Retained Earnings	1,072	999.46	871.58	707.56	661.31	500.41
Treasury Stock	-195.38	-195.38	-88.63	-80.33	-125.71	-109.98
Comprehensive Income & Other	0.16	0.21	0.26	0.27	0.23	0.06
Total Common Equity	1,873	1,765	1,487	1,319	1,203	1,067
Minority Interest	30.76	27.95	18.05	12.13	13.64	27.45
Shareholders' Equity	1,904	1,793	1,505	1,331	1,217	1,094
Total Liabilities & Equity	3,172	3,116	2,379	2,305	2,194	1,647
Total Debt	387.15	484.81	358.16	471.91	364.41	219.22
Net Cash (Debt)	264.29	326.31	139.76	-13.94	79.14	165.22
Net Cash Growth	7296.64%	133.48%	-	-	-52.10%	-71.04%
Net Cash Per Share	0.84	1.04	0.45	-0.05	0.26	0.55
Filing Date Shares Outstanding	313.57	309.95	305.94	306.79	304.17	297.68
Total Common Shares Outstanding	313.57	309.95	305.94	306.79	304.17	297.68
Working Capital	1,415	1,346	1,060	812.74	771.08	781.46
Book Value Per Share	5.97	5.70	4.86	4.30	3.96	3.58
Tangible Book Value	1,832	1,724	1,467	1,297	1,181	1,041
Tangible Book Value Per Share	5.84	5.56	4.80	4.23	3.88	3.50
Buildings	-	-	400.99	387.81	383.5	64.91
Machinery	-	-	114.23	99.45	79.98	55.39
Construction In Progress	4.83	-	0.23	2.05	0.29	5.15

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