SHE:000523 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	1,041	1,107	1,219	1,185	397.3	892.06
Trading Asset Securities	1.34	1.34	-	-	-	-
Cash & Short-Term Investments	1,042	1,108	1,219	1,185	397.3	892.06
Cash Growth	-12.86%	-9.10%	2.84%	198.30%	-55.46%	-9.78%
Accounts Receivable	257.24	207.19	302.43	274.9	239.31	279.66
Other Receivables	31.08	94.71	84.25	33.18	61.97	63.79
Receivables	288.31	301.91	386.67	308.09	301.28	343.45
Inventory	260.29	352.67	336.76	146.33	541.72	245.26
Prepaid Expenses	-	2.69	0.84	0.22	0.54	8.38
Other Current Assets	248.97	68.9	76.26	42.26	190.55	210.45
Total Current Assets	1,840	1,834	2,019	1,682	1,431	1,700
Property, Plant & Equipment	1,042	1,076	1,007	943.68	1,348	841.44
Long-Term Investments	113.9	113.9	13.9	15.97	17.8	35.04
Other Intangible Assets	67.15	67.69	65.2	16.69	57.35	58.79
Long-Term Accounts Receivable	-	255.22	170.78	115.79	-	-
Long-Term Deferred Tax Assets	7.56	8.29	9.47	178.88	150.58	32.95
Long-Term Deferred Charges	220.94	234.46	280.75	255.08	283.69	13.34
Other Long-Term Assets	261.91	6.21	6.93	7.7	123.3	26.08
Total Assets	3,553	3,596	3,573	3,216	3,412	2,707
Accounts Payable	89.34	156.99	115.98	187.73	286.76	327.84
Accrued Expenses	8.76	60.21	69.72	33.98	39.36	106
Short-Term Debt	188	191.1	288.98	20.14	163.19	113.46
Current Portion of Long-Term Debt	139.64	45.53	8.4	49.2	53.71	32.7
Current Portion of Leases	-	85.77	70.06	50.03	49.82	9.8
Current Income Taxes Payable	15.77	2.66	6.85	10.85	0.02	195.11
Current Unearned Revenue	26.52	25.73	24.74	22.22	65.66	45.25
Other Current Liabilities	121.9	89.47	118.14	51.27	49.49	127.68
Total Current Liabilities	589.93	657.44	702.86	425.42	708	957.84
Long-Term Debt	-	-	48.5	73.6	151.39	68.31
Long-Term Leases	646.6	668.33	521.25	489.74	539.46	26.19
Long-Term Unearned Revenue	21.72	21.94	22.72	28.73	55.75	50.46
Pension & Post-Retirement Benefits	-	9.41	9.89	9.91	10.4	10.17
Long-Term Deferred Tax Liabilities	34.46	33.67	29.06	622.28	652.68	564.07
Other Long-Term Liabilities	16.34	7.18	7.18	7.18	0.82	7.18
Total Liabilities	1,309	1,398	1,341	1,657	2,118	1,684
Common Stock	1,835	1,835	1,835	1,835	1,612	1,612
Additional Paid-In Capital	2,724	2,724	2,799	2,772	2,844	2,736
Retained Earnings	-2,529	-2,577	-2,656	-3,196	-3,271	-3,282
Treasury Stock	-55.29	-55.29	-	-	-19.5	-19.5
Comprehensive Income & Other	-15.4	-8.83	-8.07	-9.55	-7.97	-7.48
Total Common Equity	1,960	1,919	1,971	1,401	1,158	1,040
Minority Interest	284.23	279.04	260.72	157.81	136.01	-16.98
Shareholders' Equity	2,244	2,198	2,231	1,559	1,294	1,023
Total Liabilities & Equity	3,553	3,596	3,573	3,216	3,412	2,707
Total Debt	974.24	990.72	937.18	682.71	957.56	250.46
Net Cash (Debt)	68.1	117.14	281.57	502.41	-560.27	641.6
Net Cash Growth	-64.50%	-58.40%	-43.96%	-	-	-
Net Cash Per Share	0.04	0.06	0.15	0.27	-0.35	0.40
Filing Date Shares Outstanding	1,833	1,817	1,835	1,835	1,612	1,612
Total Common Shares Outstanding	1,833	1,817	1,835	1,835	1,612	1,612
Working Capital	1,250	1,177	1,316	1,257	723.39	741.76
Book Value Per Share	1.07	1.06	1.07	0.76	0.72	0.65
Tangible Book Value	1,893	1,851	1,905	1,384	1,100	981.22
Tangible Book Value Per Share	1.03	1.02	1.04	0.75	0.68	0.61
Buildings	-	407.42	399.23	308.71	580.04	578.21
Machinery	-	293.73	271.95	235.37	472.64	539.91
Construction In Progress	-	6.57	25.63	51.01	81.4	12.59

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