SHE:003023 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	979.6	891.65	901.76	1,032	798.05	703.93
Trading Asset Securities	162.06	92.43	169.04	30.34	40.43	118.57
Cash & Short-Term Investments	1,142	984.08	1,071	1,063	838.49	822.5
Cash Growth	-3.19%	-8.10%	0.77%	26.73%	1.94%	-4.71%
Accounts Receivable	52.12	90.44	94.26	107.91	174.55	114.06
Other Receivables	10.94	10.09	10.61	9.77	10.42	10.26
Receivables	63.06	100.53	104.87	117.67	184.97	124.32
Inventory	547.75	536.15	559.37	443.96	496.33	546.6
Prepaid Expenses	-	-	-	-	-	2.25
Other Current Assets	21.03	18.29	15.69	21.91	24.66	18.44
Total Current Assets	1,774	1,639	1,751	1,646	1,544	1,514
Property, Plant & Equipment	366.24	359.35	363.13	363.31	353.76	331.77
Long-Term Investments	7.78	7.78	7.98	8.19	8.5	1.5
Other Intangible Assets	57.1	57.65	59.77	62.75	61.24	62.71
Long-Term Deferred Tax Assets	6.77	7.09	6.5	5.03	5.65	5.08
Long-Term Deferred Charges	0.98	0.87	1.24	1.74	1.64	2.48
Other Long-Term Assets	5.55	7.02	9.37	8.16	6.24	2.93
Total Assets	2,218	2,079	2,199	2,095	1,981	1,921
Accounts Payable	144.59	148.94	220.45	156.53	146.92	196.88
Accrued Expenses	17.44	87.3	118.43	126.82	109.02	80.83
Short-Term Debt	10.35	10.92	3.17	-	-	-
Current Portion of Leases	1.39	1.06	0.66	1.16	-	1.33
Current Income Taxes Payable	6.91	1.81	2.69	4.4	5.12	1.17
Current Unearned Revenue	335.61	179.61	226.64	249.69	231.57	217.28
Other Current Liabilities	70.9	39.11	43.91	44.78	42.76	40.02
Total Current Liabilities	587.2	468.75	615.95	583.39	535.39	537.5
Long-Term Leases	1.27	1.27	0.17	0.6	1.49	0.67
Long-Term Unearned Revenue	1.7	1.74	1.92	2.09	2.27	2.45
Long-Term Deferred Tax Liabilities	0.5	0.69	0.33	0.45	0.55	0.4
Total Liabilities	590.66	472.45	618.37	586.53	539.69	541.02
Common Stock	105.34	105.34	105.34	105.34	105.34	81.03
Additional Paid-In Capital	419.69	419.69	419.69	419.69	419.69	443.71
Retained Earnings	1,055	1,036	1,015	948.57	881.48	819.24
Comprehensive Income & Other	6.55	6.39	6.11	4.06	3.75	3.07
Total Common Equity	1,587	1,568	1,546	1,478	1,410	1,347
Minority Interest	40.22	38.59	34.38	31.16	31.5	32.52
Shareholders' Equity	1,627	1,606	1,580	1,509	1,442	1,380
Total Liabilities & Equity	2,218	2,079	2,199	2,095	1,981	1,921
Total Debt	13	13.25	4	1.76	1.49	2.01
Net Cash (Debt)	1,129	970.83	1,067	1,061	837	820.49
Net Cash Growth	-4.12%	-9.00%	0.56%	26.75%	2.01%	-4.05%
Net Cash Per Share	10.71	9.22	10.13	10.07	7.96	7.77
Filing Date Shares Outstanding	105.34	105.34	105.34	105.34	105.34	105.34
Total Common Shares Outstanding	105.34	105.34	105.34	105.34	105.34	105.34
Working Capital	1,186	1,170	1,135	1,063	1,009	976.62
Book Value Per Share	15.07	14.88	14.68	14.03	13.39	12.79
Tangible Book Value	1,530	1,510	1,486	1,415	1,349	1,284
Tangible Book Value Per Share	14.52	14.34	14.11	13.43	12.81	12.19
Buildings	-	466.16	440.67	398.2	393.32	390.94
Machinery	-	175.8	160.91	153.66	150.35	143.61
Construction In Progress	-	5.64	28.81	67.19	43.96	7.9

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