SHE:000426 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	3,889	1,293	1,139	339.49	293.84	135.88
Cash & Short-Term Investments	3,889	1,293	1,139	339.49	293.84	135.88
Cash Growth	1283.82%	13.58%	235.44%	15.53%	116.25%	1.41%
Accounts Receivable	82.41	98.37	4.46	254.31	2.15	7.66
Other Receivables	40.58	36.02	47.3	41.84	37.04	35.62
Receivables	122.98	134.39	51.75	296.15	39.19	43.28
Inventory	348.89	574.71	506.08	276.35	413.34	324.39
Prepaid Expenses	-	0.48	0.44	0.44	0.45	0.45
Other Current Assets	47.35	45.61	8.34	11.4	33.43	70.02
Total Current Assets	4,409	2,049	1,705	923.83	780.25	574.03
Property, Plant & Equipment	5,457	5,488	4,851	4,809	4,540	4,036
Long-Term Investments	730.09	598.8	587.87	585.69	667.26	669.12
Goodwill	193.43	193.43	193.43	193.43	193.43	193.43
Other Intangible Assets	8,321	8,366	4,124	4,159	2,997	3,110
Long-Term Deferred Tax Assets	349.75	241.34	280.72	281.8	335.25	316.26
Long-Term Deferred Charges	27.04	27.53	29.54	31.64	-	34.07
Other Long-Term Assets	201.45	188.46	393.89	99.4	114.81	121.58
Total Assets	19,689	17,152	12,165	11,083	9,627	9,054
Accounts Payable	625.41	1,046	947.72	903.15	1,122	673.38
Accrued Expenses	331.89	453.26	452.77	658.81	195.36	125.26
Short-Term Debt	671.57	945.87	584.39	663.92	395.5	540.97
Current Portion of Long-Term Debt	845.47	620.71	671.77	106.61	1,222	592.81
Current Portion of Leases	-	291.32	127.53	77.56	30.31	13.56
Current Income Taxes Payable	350.1	61.57	65.8	112.47	26.3	22.21
Current Unearned Revenue	310.72	332.44	34.75	180.75	141.68	208.63
Other Current Liabilities	592.4	387.6	148.4	249.72	194.9	171.5
Total Current Liabilities	3,728	4,139	3,033	2,953	3,328	2,348
Long-Term Debt	3,622	2,016	739.95	1,149	273	827.92
Long-Term Leases	26.69	168.84	72.65	39.2	0.09	14.6
Long-Term Unearned Revenue	11.26	325.26	11.42	11.96	2.93	3.23
Long-Term Deferred Tax Liabilities	190.24	186.69	202.5	226.83	373.13	399.35
Other Long-Term Liabilities	574.26	155.19	123.44	117.61	94.25	89.85
Total Liabilities	8,152	6,991	4,183	4,498	4,071	3,683
Common Stock	1,776	1,776	1,776	1,837	1,837	1,837
Additional Paid-In Capital	2,309	2,309	2,309	2,248	2,247	2,246
Retained Earnings	6,634	5,297	3,717	2,306	1,368	1,194
Comprehensive Income & Other	106.67	108.43	99.75	85.1	98.43	87.8
Total Common Equity	10,825	9,490	7,901	6,476	5,551	5,365
Minority Interest	711.27	671.61	81.64	109.6	5.61	5.63
Shareholders' Equity	11,537	10,161	7,982	6,586	5,556	5,370
Total Liabilities & Equity	19,689	17,152	12,165	11,083	9,627	9,054
Total Debt	5,166	4,043	2,196	2,036	1,921	1,990
Net Cash (Debt)	-1,276	-2,749	-1,057	-1,697	-1,627	-1,854
Net Cash Per Share	-0.72	-1.55	-0.58	-0.92	-0.89	-1.01
Filing Date Shares Outstanding	1,776	1,776	1,776	1,837	1,837	1,837
Total Common Shares Outstanding	1,776	1,776	1,776	1,837	1,837	1,837
Working Capital	681.02	-2,090	-1,328	-2,029	-2,547	-1,774
Book Value Per Share	6.10	5.34	4.45	3.53	3.02	2.92
Tangible Book Value	2,311	930.23	3,584	2,124	2,361	2,062
Tangible Book Value Per Share	1.30	0.52	2.02	1.16	1.28	1.12
Buildings	-	4,091	3,827	3,673	3,334	2,826
Machinery	-	1,462	1,318	1,265	1,176	1,042
Construction In Progress	-	844.41	497.82	426.48	494.58	536.8

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