SHE:000042 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	6,053	6,398	3,672	834.6	960.24	3,608
Cash & Short-Term Investments	6,053	6,398	3,672	834.6	960.24	3,608
Cash Growth	42.54%	74.24%	339.97%	-13.08%	-73.39%	-29.48%
Accounts Receivable	232.71	248.85	314.95	230.03	174.21	185.13
Other Receivables	469.47	471.04	468.02	524.63	445.35	551.93
Receivables	702.18	1,171	1,253	1,243	1,067	1,114
Inventory	18,283	18,217	18,391	21,699	26,085	28,487
Prepaid Expenses	-	1,008	378.38	267.51	472.07	852.09
Other Current Assets	2,975	1,466	1,596	1,472	2,387	1,963
Total Current Assets	28,013	28,261	25,290	25,516	30,971	36,024
Property, Plant & Equipment	790.3	802.85	877.54	951.12	1,010	1,078
Long-Term Investments	231.1	226.03	229.87	471.71	483.09	510.94
Other Intangible Assets	0.57	0.64	0.83	1.7	2.1	1.37
Long-Term Deferred Tax Assets	1,320	1,311	1,404	1,968	2,100	1,879
Long-Term Deferred Charges	14.57	16.12	17.26	49.63	59.52	10.48
Other Long-Term Assets	3,352	3,370	2,811	1,988	2,061	1,934
Total Assets	33,722	33,988	30,631	30,945	36,687	41,438
Accounts Payable	2,289	2,681	2,652	2,621	3,163	3,801
Accrued Expenses	1,391	3,496	3,938	4,104	3,423	2,768
Short-Term Debt	-	-	-	-	-	100.14
Current Portion of Long-Term Debt	-	2,214	2,135	2,796	3,659	1,769
Current Portion of Leases	-	6.84	8.47	15.52	17.61	16.88
Current Income Taxes Payable	-	438.83	499.54	836.07	569.21	214.24
Current Unearned Revenue	14,495	14,009	7,240	2,964	5,837	8,407
Other Current Liabilities	8,126	2,300	1,894	1,183	1,298	1,534
Total Current Liabilities	26,302	25,147	18,368	14,519	17,967	18,610
Long-Term Debt	4,304	6,233	8,622	10,259	9,966	14,149
Long-Term Leases	11.11	11.99	7.85	14.37	24.68	16.05
Long-Term Deferred Tax Liabilities	648.34	649.87	494.91	507.27	445.01	366.31
Other Long-Term Liabilities	644.94	68.03	68.03	69.26	68.06	68.06
Total Liabilities	31,910	32,110	27,560	25,369	28,471	33,210
Common Stock	664.83	664.83	664.83	664.83	664.83	664.83
Additional Paid-In Capital	1,456	1,456	1,498	1,932	2,448	2,448
Retained Earnings	145.65	211.88	1,114	3,139	4,992	4,946
Comprehensive Income & Other	-	-	-	-	-	-12.92
Total Common Equity	2,266	2,333	3,277	5,736	8,105	8,046
Minority Interest	-454.84	-455.13	-206.47	-159.76	111.34	182.08
Shareholders' Equity	1,812	1,877	3,071	5,576	8,216	8,228
Total Liabilities & Equity	33,722	33,988	30,631	30,945	36,687	41,438
Total Debt	4,316	8,467	10,772	13,084	13,668	16,051
Net Cash (Debt)	1,738	-2,069	-7,100	-12,250	-12,708	-12,443
Net Cash Per Share	2.61	-3.11	-10.68	-18.43	-19.12	-18.71
Filing Date Shares Outstanding	664.93	664.83	664.83	664.83	664.83	664.83
Total Common Shares Outstanding	664.93	664.83	664.83	664.83	664.83	664.83
Working Capital	1,712	3,114	6,922	10,996	13,005	17,414
Book Value Per Share	3.41	3.51	4.93	8.63	12.19	12.10
Tangible Book Value	2,266	2,332	3,276	5,734	8,103	8,045
Tangible Book Value Per Share	3.41	3.51	4.93	8.63	12.19	12.10
Buildings	-	1,134	1,295	1,309	1,309	1,353
Machinery	-	154.13	252.48	253.53	264.19	264.66
Construction In Progress	-	-	-	-	-	1.72

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