SHE:000153 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	470.52	386.96	250.82	319.91	353.14	282.98
Short-Term Investments	-	-	-	-	80.69	-
Cash & Short-Term Investments	470.52	386.96	250.82	319.91	433.83	282.98
Cash Growth	106.56%	54.28%	-21.59%	-26.26%	53.30%	0.23%
Accounts Receivable	1,135	1,038	967.25	841.9	756.44	721.33
Other Receivables	24.02	48.07	63.55	53.51	59.94	96.8
Receivables	1,159	1,087	1,031	895.41	816.38	818.13
Inventory	591.87	544.15	593.11	573.58	699.15	654.87
Prepaid Expenses	-	1.83	1.16	2.92	3.61	6.18
Other Current Assets	125.88	76.83	89.47	111.1	124.44	108.36
Total Current Assets	2,348	2,096	1,965	1,903	2,077	1,871
Property, Plant & Equipment	1,766	1,754	1,664	1,514	1,462	1,290
Long-Term Investments	607.6	560.28	480.43	362.45	371.45	329.51
Goodwill	4.66	4.66	7.92	7.92	7.92	7.92
Other Intangible Assets	247.08	251.44	242.29	203.73	170.24	162.4
Long-Term Deferred Tax Assets	66.53	64.83	58.99	60.24	39.98	37.67
Long-Term Deferred Charges	107.35	100.21	98.84	117.64	106.32	94.66
Other Long-Term Assets	226.28	227.39	181.22	222.58	234.26	266.08
Total Assets	5,373	5,060	4,699	4,391	4,469	4,059
Accounts Payable	1,143	964.3	656.22	746.11	722.74	619.21
Accrued Expenses	63.19	349.5	484.26	454.29	481.71	408.2
Short-Term Debt	657.71	558.47	479.33	344.29	410.91	435.42
Current Portion of Long-Term Debt	216.28	211.56	271.26	128.81	119.4	54.18
Current Portion of Leases	-	17.4	20.64	19.71	17.47	21.48
Current Income Taxes Payable	28.05	23.12	28.23	33.64	32.85	29.48
Current Unearned Revenue	90.02	80.73	63.18	89.39	257.13	149.17
Other Current Liabilities	417.35	171.36	184.98	197.41	302.43	223.1
Total Current Liabilities	2,616	2,376	2,188	2,014	2,345	1,940
Long-Term Debt	271.97	287.12	196.13	174.75	168.85	86
Long-Term Leases	11.33	12.91	17.31	20.21	20.71	28.86
Long-Term Unearned Revenue	235.31	229.69	227.2	238.05	151.92	150.88
Long-Term Deferred Tax Liabilities	34.38	27.47	24.3	25.85	28.35	31.12
Other Long-Term Liabilities	-	-	-	-	-	50.62
Total Liabilities	3,169	2,934	2,653	2,472	2,714	2,288
Common Stock	464.69	464.77	464.77	332.03	332.11	312.14
Additional Paid-In Capital	466.54	459.37	454.48	573.06	536.06	695.55
Retained Earnings	1,132	1,101	1,042	931.21	805.14	681.93
Treasury Stock	-	-0.24	-	-	-	-
Comprehensive Income & Other	119.21	78.96	58.07	53.11	55.18	52.17
Total Common Equity	2,183	2,104	2,020	1,889	1,728	1,742
Minority Interest	21.4	21.92	26.34	29.42	26.27	29.55
Shareholders' Equity	2,204	2,126	2,046	1,919	1,755	1,771
Total Liabilities & Equity	5,373	5,060	4,699	4,391	4,469	4,059
Total Debt	1,157	1,087	984.67	687.76	737.34	625.93
Net Cash (Debt)	-686.78	-700.51	-733.85	-367.86	-303.51	-342.95
Net Cash Per Share	-1.48	-1.51	-1.58	-0.79	-0.68	-0.78
Filing Date Shares Outstanding	464.69	464.69	464.77	464.84	464.96	437
Total Common Shares Outstanding	464.69	464.77	464.77	464.84	464.96	437
Working Capital	-268.27	-280.1	-222.74	-110.72	-267.23	-69.72
Book Value Per Share	4.70	4.53	4.35	4.06	3.72	3.99
Tangible Book Value	1,931	1,848	1,769	1,678	1,550	1,571
Tangible Book Value Per Share	4.16	3.98	3.81	3.61	3.33	3.60
Buildings	-	959.07	963.1	880.3	855.42	641.93
Machinery	-	1,123	1,117	894.08	873.71	834.86
Construction In Progress	-	626.92	445.12	524.13	439.38	458.25