SHE:002988 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	362.88	525.71	606.16	428.23	461.67	420.39
Cash & Short-Term Investments	362.88	525.71	606.16	428.23	461.67	420.39
Cash Growth	-15.22%	-13.27%	41.55%	-7.25%	9.82%	-46.74%
Accounts Receivable	3,302	3,140	2,740	2,365	1,866	1,919
Other Receivables	23.39	18.97	7.01	153.34	32.67	44.29
Receivables	3,326	3,159	2,747	2,518	1,899	1,963
Inventory	779.01	744.02	742.9	671.77	756.07	637.03
Other Current Assets	32.29	48.97	81.21	82.89	188.67	205.44
Total Current Assets	4,500	4,478	4,177	3,701	3,306	3,226
Property, Plant & Equipment	1,784	1,805	1,777	1,759	1,565	1,494
Long-Term Investments	24.58	8.77	-	-	-	-
Other Intangible Assets	310.56	309	314.09	295.64	296.36	260.22
Long-Term Deferred Tax Assets	55.13	59.29	58.04	57.82	63.17	34.42
Long-Term Deferred Charges	5.12	5.16	5.36	7.15	5.03	1.49
Other Long-Term Assets	174.27	150.32	75.97	89.19	40.58	17.09
Total Assets	6,854	6,815	6,408	5,910	5,275	5,033
Accounts Payable	963.24	1,022	607.88	532.01	318.67	527.91
Accrued Expenses	41.58	55.05	79.36	73.49	76.69	57.81
Short-Term Debt	653.95	618.09	1,635	1,743	1,345	1,706
Current Portion of Long-Term Debt	558.5	885.43	33.52	202.12	42.59	39.05
Current Portion of Leases	-	-	3.88	6.46	3.33	7.51
Current Income Taxes Payable	24.23	15.65	5.23	0.04	-	1.43
Current Unearned Revenue	60.23	62.69	64.02	63.47	54.97	54.78
Other Current Liabilities	311.14	252.55	161.83	167.53	176.53	229.89
Total Current Liabilities	2,613	2,912	2,590	2,788	2,017	2,624
Long-Term Debt	1,346	1,040	1,058	457.94	925.72	33.86
Long-Term Leases	32.49	30.85	11.62	11.98	13.73	10.37
Long-Term Unearned Revenue	98.44	100.65	110.08	118.85	125.64	137.47
Other Long-Term Liabilities	36.61	43.38	0.01	0.08	5	-
Total Liabilities	4,127	4,126	3,770	3,377	3,087	2,806
Common Stock	249.77	249.77	247.96	247.96	232.77	232.77
Additional Paid-In Capital	1,310	1,311	1,325	1,328	1,035	1,037
Retained Earnings	1,247	1,207	1,128	978.46	797.16	959.78
Treasury Stock	-119.74	-119.74	-140.35	-95.89	-	-
Comprehensive Income & Other	40.34	40.79	77.5	76.54	125	-1.12
Total Common Equity	2,727	2,689	2,638	2,535	2,190	2,228
Minority Interest	-	-	-	-2.79	-2.57	-1.01
Shareholders' Equity	2,727	2,689	2,638	2,532	2,188	2,227
Total Liabilities & Equity	6,854	6,815	6,408	5,910	5,275	5,033
Total Debt	2,591	2,574	2,741	2,422	2,330	1,797
Net Cash (Debt)	-2,228	-2,048	-2,135	-1,994	-1,868	-1,376
Net Cash Per Share	-8.83	-8.13	-8.57	-8.80	-8.05	-5.91
Filing Date Shares Outstanding	249.84	263.48	242.58	242.3	232.77	232.77
Total Common Shares Outstanding	249.84	263.48	239.89	242.3	232.77	232.77
Working Capital	1,887	1,566	1,587	912.75	1,288	601.62
Book Value Per Share	10.92	10.21	10.70	10.17	8.89	9.57
Tangible Book Value	2,417	2,380	2,324	2,240	1,894	1,968
Tangible Book Value Per Share	9.67	9.03	9.39	8.95	7.62	8.45
Buildings	-	-	1,082	1,069	933.72	918.67
Machinery	-	-	1,364	1,241	1,094	1,018
Construction In Progress	-	-	48.54	53.85	70.86	14.57

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