SHE:000419 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	746.27	910.47	1,106	1,073	970.56	1,218
Cash & Short-Term Investments	746.27	910.47	1,106	1,073	970.56	1,218
Cash Growth	-30.73%	-17.68%	3.06%	10.57%	-20.34%	7.69%
Accounts Receivable	57.4	294.85	294.03	256.45	92.91	119.78
Other Receivables	9.43	4.19	15.06	26.83	32.41	69.27
Receivables	66.83	1,324	1,405	1,187	1,148	1,081
Inventory	187.29	178.17	133.5	173.51	173.09	168.78
Other Current Assets	1,479	8.13	7.61	10.12	9.24	10.77
Total Current Assets	2,479	2,421	2,652	2,444	2,301	2,478
Property, Plant & Equipment	1,025	1,049	1,118	1,164	1,379	1,676
Long-Term Investments	1,567	1,580	1,733	1,337	1,211	1,238
Other Intangible Assets	187.64	190.13	199.56	209.39	235.65	245.38
Long-Term Deferred Tax Assets	71.21	76.07	70.88	70.74	66.61	66.69
Long-Term Deferred Charges	12.98	13.44	23.24	22.46	37.56	90.08
Other Long-Term Assets	152.87	134.54	142.06	132.89	0.49	-
Total Assets	5,496	5,464	5,938	5,381	5,231	5,795
Accounts Payable	476.04	578.08	778.27	638.75	647.11	754.6
Accrued Expenses	4.5	22.39	37.49	36.85	32.69	34.5
Short-Term Debt	260	160	275.4	200	110	-
Current Portion of Long-Term Debt	47.02	-	-	-	46	198
Current Portion of Leases	-	56.4	49.38	66.48	78.95	88.35
Current Income Taxes Payable	20.05	9.58	11.31	6.96	9.56	18.26
Current Unearned Revenue	58.62	75.65	93.48	87.01	79.89	91.24
Other Current Liabilities	185.39	151.56	150.61	128.76	143.25	159.11
Total Current Liabilities	1,052	1,054	1,396	1,165	1,147	1,344
Long-Term Debt	-	-	-	-	-	50
Long-Term Leases	397.55	392.53	423.92	460.43	500.17	823.39
Long-Term Unearned Revenue	2.29	2.29	2.35	2.4	2.46	2.52
Long-Term Deferred Tax Liabilities	283.32	285.47	322.23	258.24	229.07	240.4
Other Long-Term Liabilities	-	-	0.61	0.75	1.65	-
Total Liabilities	1,735	1,734	2,145	1,887	1,881	2,460
Common Stock	543.58	543.58	543.58	543.58	543.58	543.58
Additional Paid-In Capital	417.39	417.39	417.39	417.39	417.39	417.39
Retained Earnings	1,691	1,658	1,617	1,532	1,484	1,425
Comprehensive Income & Other	765.36	771.83	882.08	690.11	602.63	636.6
Total Common Equity	3,417	3,391	3,460	3,183	3,048	3,023
Minority Interest	343.93	338.88	333.04	311.02	303.14	311.64
Shareholders' Equity	3,761	3,730	3,793	3,494	3,351	3,334
Total Liabilities & Equity	5,496	5,464	5,938	5,381	5,231	5,795
Total Debt	704.57	608.93	748.69	726.92	735.12	1,160
Net Cash (Debt)	41.7	301.54	357.36	346.26	235.44	58.69
Net Cash Growth	-87.99%	-15.62%	3.21%	47.07%	301.16%	-92.94%
Net Cash Per Share	0.08	0.55	0.66	0.64	0.43	0.11
Filing Date Shares Outstanding	543.71	543.58	543.58	543.58	543.58	543.58
Total Common Shares Outstanding	543.71	543.58	543.58	543.58	543.58	543.58
Working Capital	1,428	1,367	1,256	1,279	1,154	1,134
Book Value Per Share	6.28	6.24	6.37	5.86	5.61	5.56
Tangible Book Value	3,229	3,201	3,261	2,974	2,812	2,777
Tangible Book Value Per Share	5.94	5.89	6.00	5.47	5.17	5.11
Buildings	-	1,451	1,451	1,451	1,669	1,661
Machinery	-	452.3	452.7	472.53	480.09	488.46

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