SHE:000048 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	Dec '21 Dec 31, 2021
Cash & Equivalents	790.27	496.81	874.06	1,107	2,145	3,527
Trading Asset Securities	-	-	50	-	25	-
Cash & Short-Term Investments	790.27	496.81	924.06	1,107	2,170	3,527
Cash Growth	-6.66%	-46.24%	-16.50%	-49.01%	-38.46%	-1.96%
Accounts Receivable	90.96	47.72	52.06	32.67	40.07	56.45
Other Receivables	49.85	20.46	18.94	40.56	77.51	70.21
Receivables	140.82	68.19	71	73.22	117.58	126.66
Inventory	1,411	1,669	1,719	2,873	6,095	4,299
Prepaid Expenses	-	-	0.31	0.9	11.74	16.64
Other Current Assets	192.29	155.94	186.87	180.26	989.15	648.31
Total Current Assets	2,535	2,390	2,901	4,234	9,384	8,617
Property, Plant & Equipment	5,803	5,899	6,238	6,882	6,057	5,127
Long-Term Investments	1.5	1.5	1.5	15.49	16.93	17.98
Other Intangible Assets	38.82	39.52	42.92	46.66	47.87	49.65
Long-Term Deferred Tax Assets	823.29	823.29	813.5	858.89	1,483	819.75
Long-Term Deferred Charges	85.45	88.13	88.06	26.42	24.82	22.31
Other Long-Term Assets	849.34	851.47	864.89	64.35	522.89	178.89
Total Assets	10,136	10,093	10,950	12,128	17,536	14,833
Accounts Payable	485.96	521.17	667.17	531.02	1,505	672.2
Accrued Expenses	91.27	169.91	209.24	230.93	202.9	145.1
Short-Term Debt	662.94	613.93	494.72	433.85	276.47	113.61
Current Portion of Long-Term Debt	628.52	539.94	664.98	651.83	270.18	282.92
Current Portion of Leases	-	23.54	22.58	23.13	13.33	14.42
Current Income Taxes Payable	20.26	6.98	14.8	383.6	809.05	136.83
Current Unearned Revenue	32.31	40.83	35.81	517.62	6,890	6,094
Other Current Liabilities	3,552	3,431	3,467	3,810	3,595	3,526
Total Current Liabilities	5,473	5,347	5,576	6,582	13,561	10,985
Long-Term Debt	722.24	480.74	891.07	1,474	1,157	1,109
Long-Term Leases	92.32	93.96	97.08	108.26	56.58	65.75
Long-Term Unearned Revenue	8.94	9.17	10.64	12.46	18.67	20.66
Long-Term Deferred Tax Liabilities	18.61	18.61	20.21	41.19	78.67	90.59
Other Long-Term Liabilities	4.45	2.35	2.45	2.45	2	2
Total Liabilities	6,320	5,952	6,598	8,221	14,874	12,273
Common Stock	530.2	530.28	530.28	530.57	523.24	523.24
Additional Paid-In Capital	165.56	166.33	155.18	120.55	42.17	42.17
Retained Earnings	3,349	3,580	3,806	3,289	2,066	1,973
Treasury Stock	-280.5	-186.8	-189.37	-78.36	-	-
Comprehensive Income & Other	-8.35	-9.15	-10.05	-9.27	-8.76	-5.94
Total Common Equity	3,756	4,080	4,292	3,853	2,623	2,533
Minority Interest	60.75	60.95	60.38	54.32	39.59	26.36
Shareholders' Equity	3,816	4,141	4,352	3,907	2,662	2,559
Total Liabilities & Equity	10,136	10,093	10,950	12,128	17,536	14,833
Total Debt	2,106	1,752	2,170	2,691	1,773	1,586
Net Cash (Debt)	-1,316	-1,255	-1,246	-1,585	397.23	1,941
Net Cash Growth	-	-	-	-	-79.54%	-27.91%
Net Cash Per Share	-2.57	-2.43	-2.40	-3.02	0.76	3.71
Filing Date Shares Outstanding	513.99	518.97	518.97	530.57	523.24	523.24
Total Common Shares Outstanding	513.99	518.97	518.97	530.57	523.24	523.24
Working Capital	-2,939	-2,957	-2,675	-2,348	-4,177	-2,368
Book Value Per Share	7.31	7.86	8.27	7.26	5.01	4.84
Tangible Book Value	3,717	4,041	4,249	3,806	2,575	2,483
Tangible Book Value Per Share	7.23	7.79	8.19	7.17	4.92	4.75
Buildings	-	4,967	4,932	5,121	3,830	2,446
Machinery	-	1,883	1,842	1,801	1,471	956.48
Construction In Progress	-	126.45	113.76	176.17	558.75	1,185

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