SHE:000422 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	4,136	2,923	5,628	2,972	3,424	3,849
Cash & Short-Term Investments	4,136	2,923	5,628	2,972	3,424	3,849
Cash Growth	106.40%	-48.06%	89.37%	-13.21%	-11.04%	2.15%
Accounts Receivable	1,901	1,762	1,811	406.39	448.57	615.94
Other Receivables	216.8	131.91	89.39	11.91	14.38	296.33
Receivables	2,118	1,894	1,900	418.3	462.95	912.27
Inventory	2,830	3,097	2,288	1,754	1,326	1,578
Prepaid Expenses	-	1.06	0.92	0	0.01	0
Other Current Assets	1,195	1,338	954.13	505.87	381.36	886.62
Total Current Assets	10,279	9,253	10,771	5,650	5,594	7,226
Property, Plant & Equipment	27,769	27,827	24,288	10,525	9,343	9,428
Long-Term Investments	2,404	2,306	2,084	4,256	3,213	3,527
Goodwill	9.89	9.89	9.45	1.74	1.74	1.74
Other Intangible Assets	5,556	5,533	5,502	462.68	455.95	269.74
Long-Term Deferred Tax Assets	783.79	782.83	699.94	43.58	47.71	35.08
Long-Term Deferred Charges	7.5	7.8	9.02	10.23	11.45	12.66
Other Long-Term Assets	247.57	276.16	888.01	526.22	999.4	365.57
Total Assets	47,056	45,995	44,251	21,475	19,667	20,866
Accounts Payable	4,491	4,455	3,638	2,808	2,224	3,265
Accrued Expenses	46.84	203.02	200.49	41.14	85.57	223.85
Short-Term Debt	2,245	2,168	4,772	1,565	2,024	2,567
Current Portion of Long-Term Debt	5,116	3,766	1,035	3,343	1,884	4,195
Current Portion of Leases	-	1,024	966.85	129.49	99.5	1
Current Income Taxes Payable	216.22	137.48	78.91	30.39	47.52	119.21
Current Unearned Revenue	1,820	1,907	1,363	1,144	858.85	842.89
Other Current Liabilities	1,233	1,337	1,649	343.19	306.76	626.9
Total Current Liabilities	15,168	14,997	13,705	9,405	7,530	11,841
Long-Term Debt	13,433	12,875	11,421	2,805	4,913	4,554
Long-Term Leases	2,652	517.66	1,466	162.85	86.15	184.14
Long-Term Unearned Revenue	642.19	589.36	456.69	227.18	151.53	153.2
Long-Term Deferred Tax Liabilities	74.12	75.67	85.21	76.47	42.12	9.67
Other Long-Term Liabilities	1,182	3,393	3,524	134.96	134.73	155.67
Total Liabilities	33,151	32,448	30,658	12,811	12,858	16,898
Common Stock	1,088	1,088	1,083	1,058	897.87	897.87
Additional Paid-In Capital	3,727	3,702	6,749	3,621	2,233	2,129
Retained Earnings	1,311	1,130	537.46	1,883	1,525	-1,096
Treasury Stock	-119.46	-122.13	-105.7	-	-	-
Comprehensive Income & Other	1,016	1,003	210.92	18.4	19.91	477.2
Total Common Equity	7,022	6,801	8,475	6,581	4,676	2,408
Minority Interest	6,883	6,746	5,119	2,083	2,133	1,561
Shareholders' Equity	13,905	13,547	13,594	8,663	6,809	3,968
Total Liabilities & Equity	47,056	45,995	44,251	21,475	19,667	20,866
Total Debt	23,445	20,350	19,661	8,006	9,007	11,501
Net Cash (Debt)	-19,310	-17,427	-14,034	-5,034	-5,583	-7,652
Net Cash Per Share	-17.77	-16.06	-13.14	-5.22	-6.22	-8.52
Filing Date Shares Outstanding	1,088	1,088	1,083	1,058	897.87	897.87
Total Common Shares Outstanding	1,088	1,088	1,083	1,058	897.87	897.87
Working Capital	-4,889	-5,744	-2,933	-3,755	-1,936	-4,615
Book Value Per Share	5.72	5.52	7.83	6.22	5.21	2.68
Tangible Book Value	1,457	1,259	2,964	6,116	4,219	2,136
Tangible Book Value Per Share	0.60	0.42	2.74	5.78	4.70	2.38
Buildings	-	10,659	8,679	4,117	4,026	3,893
Machinery	-	30,343	27,770	14,835	14,640	14,207
Construction In Progress	-	4,063	5,493	2,700	1,049	903.12

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