SHE:002982 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	459.7	439	385.01	341.87	601.79	298.48
Trading Asset Securities	14.42	2.41	2.9	1	-	-
Cash & Short-Term Investments	474.12	441.41	387.92	342.87	601.79	298.48
Cash Growth	13.43%	13.79%	13.14%	-43.03%	101.62%	-54.94%
Accounts Receivable	317.78	332.46	293.58	262.87	316.31	205.82
Other Receivables	20.08	22.37	22.76	30.32	41.29	28.87
Receivables	337.86	354.83	316.34	293.19	357.6	234.69
Inventory	635.43	617.54	563.52	584.25	545.01	447.08
Prepaid Expenses	-	-	1.18	6.92	7.49	7.85
Other Current Assets	96.14	87.35	80.17	48.19	61.17	47.64
Total Current Assets	1,544	1,501	1,349	1,275	1,573	1,036
Property, Plant & Equipment	2,827	2,811	2,619	2,373	2,025	1,664
Long-Term Investments	15.8	15.8	15.8	15.8	15.8	15.8
Other Intangible Assets	154.65	156.08	162.93	165.53	129.38	133.96
Long-Term Deferred Tax Assets	0.1	0.1	0.05	0.13	0.32	0.1
Long-Term Deferred Charges	9.91	9.86	5.17	8.54	7.4	8.82
Other Long-Term Assets	14.55	12.73	15.1	16.71	31.35	10.02
Total Assets	4,566	4,507	4,167	3,855	3,782	2,868
Accounts Payable	336.74	368.94	258.69	285.91	216.59	226.69
Accrued Expenses	42.8	57.36	245.97	204.13	186.31	164.07
Short-Term Debt	279.01	280.2	311.41	245.57	148.12	237.5
Current Portion of Long-Term Debt	132.46	190.45	53.76	64.97	39	40
Current Portion of Leases	-	-	11.86	12.28	12.67	8.37
Current Income Taxes Payable	6.25	10.24	11.68	4.11	6.66	0.32
Current Unearned Revenue	15.53	12.97	11.62	12.92	29.42	6.33
Other Current Liabilities	330.69	362.73	144.84	141.37	123.13	94.36
Total Current Liabilities	1,143	1,283	1,050	971.26	761.9	777.63
Long-Term Debt	1,460	1,284	1,181	1,015	973.04	270.88
Long-Term Leases	52.34	57.34	43.58	50.34	55.68	61.15
Long-Term Unearned Revenue	92.68	81.31	78.25	79.25	75.81	76.77
Other Long-Term Liabilities	5.86	5.86	7.08	5.22	4.56	2.69
Total Liabilities	2,755	2,711	2,359	2,121	1,871	1,189
Common Stock	203.19	203.19	145.14	142.63	101.88	101.88
Additional Paid-In Capital	641.16	641.16	687.76	685.52	726.24	726.19
Retained Earnings	822.06	806.4	816.84	718.75	886.27	780.4
Treasury Stock	-42.26	-42.26	-42.26	-5.34	-	-
Comprehensive Income & Other	118.61	118.61	118.61	118.61	118.62	-
Total Common Equity	1,743	1,727	1,726	1,660	1,833	1,608
Minority Interest	68.47	68.24	81.38	73.9	78.1	70.75
Shareholders' Equity	1,811	1,795	1,807	1,734	1,911	1,679
Total Liabilities & Equity	4,566	4,507	4,167	3,855	3,782	2,868
Total Debt	1,924	1,812	1,601	1,388	1,229	617.89
Net Cash (Debt)	-1,450	-1,371	-1,213	-1,045	-626.71	-319.42
Net Cash Per Share	-7.01	-7.07	-6.10	-5.23	-3.00	-1.59
Filing Date Shares Outstanding	195.71	165.72	200.22	199.69	199.69	199.68
Total Common Shares Outstanding	195.71	165.72	200.22	199.69	199.69	199.68
Working Capital	400.06	218.24	299.29	304.16	811.17	258.11
Book Value Per Share	8.90	10.42	8.62	8.31	9.18	8.06
Tangible Book Value	1,588	1,571	1,563	1,495	1,704	1,475
Tangible Book Value Per Share	8.11	9.48	7.81	7.48	8.53	7.38
Buildings	-	-	1,734	1,610	1,349	947.9
Machinery	-	-	1,055	970.4	828.53	547.04
Construction In Progress	-	-	331.33	227.99	142.06	385.03

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