SHE:002998 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	523.34	263.34	539.31	482.82	899.32	311.57
Short-Term Investments	-	-	-	101.36	-	-
Trading Asset Securities	4.84	277.2	7.19	150	-	-
Cash & Short-Term Investments	528.19	540.54	546.5	734.18	899.32	311.57
Cash Growth	39.03%	-1.09%	-25.56%	-18.36%	188.64%	-36.32%
Accounts Receivable	248.34	254.38	204.86	168.3	165.21	90.65
Other Receivables	0.4	0.61	0.3	0.37	2.16	0.59
Receivables	248.75	254.99	205.16	168.67	167.37	91.23
Inventory	320.59	289.86	460.27	258.1	324.68	263.18
Prepaid Expenses	-	-	-	0	3.3	-
Other Current Assets	115.71	66.45	79.34	46.15	54.21	57.86
Total Current Assets	1,213	1,152	1,291	1,207	1,449	723.84
Property, Plant & Equipment	1,188	1,202	1,253	1,040	997.24	984.85
Long-Term Investments	0.01	0.01	0.01	0.01	-	-
Other Intangible Assets	113.23	104.11	106.47	109.22	111.92	114.75
Long-Term Deferred Tax Assets	11.8	11.25	9.09	8.18	9.11	7.62
Long-Term Deferred Charges	-	-	0	0.04	0.07	-
Other Long-Term Assets	27.89	11.38	16.97	96.43	19.28	17.81
Total Assets	2,554	2,481	2,677	2,461	2,587	1,849
Accounts Payable	133.86	136.26	241.59	153.91	182.56	147.34
Accrued Expenses	18.77	25.98	36.34	28.74	39.87	30.07
Short-Term Debt	-	-	-	-	192.1	150.19
Current Portion of Long-Term Debt	2.27	0.39	0.36	0.17	0.11	-
Current Income Taxes Payable	10.49	4.96	2.53	8.73	-	1.38
Current Unearned Revenue	95.51	60.09	29.18	23.05	18.44	33.54
Other Current Liabilities	17.12	12.96	3.13	1.17	1.97	4.2
Total Current Liabilities	278.02	240.63	313.13	215.78	435.06	366.72
Long-Term Debt	413	424.42	555.68	522.64	490.62	-
Long-Term Unearned Revenue	42.12	43.64	28.2	9.81	11.36	9.38
Long-Term Deferred Tax Liabilities	4.75	4.99	10.27	10.66	15.54	0.58
Total Liabilities	737.89	713.69	907.29	758.89	952.58	376.68
Common Stock	354.81	352.09	326.41	326.4	326.4	326.4
Additional Paid-In Capital	746.05	728.8	577.5	577.47	577.45	577.45
Retained Earnings	666.98	634.96	800.69	733.11	645.03	567.42
Treasury Stock	-9.05	-9.05	-20.29	-20.29	-	-
Comprehensive Income & Other	57.48	60.06	85.16	85.04	85.05	0.93
Shareholders' Equity	1,816	1,767	1,769	1,702	1,634	1,472
Total Liabilities & Equity	2,554	2,481	2,677	2,461	2,587	1,849
Total Debt	415.27	424.81	556.04	522.81	682.84	150.19
Net Cash (Debt)	112.92	115.73	-9.54	211.37	216.49	161.38
Net Cash Growth	-	-	-	-2.36%	34.15%	-61.51%
Net Cash Per Share	0.34	0.36	-0.03	0.59	0.67	0.50
Filing Date Shares Outstanding	355.73	352.73	324	323.99	326.4	326.4
Total Common Shares Outstanding	355.73	352.73	324	323.99	326.4	326.4
Working Capital	935.22	911.21	978.15	991.33	1,014	357.12
Book Value Per Share	5.11	5.01	5.46	5.25	5.01	4.51
Tangible Book Value	1,703	1,663	1,663	1,593	1,522	1,357
Tangible Book Value Per Share	4.79	4.71	5.13	4.92	4.66	4.16
Buildings	-	-	647.18	466.27	450.3	422.59
Machinery	-	-	1,259	974.09	908.62	832.26
Construction In Progress	-	-	16.19	154.17	70.73	76.27

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.