SHE:000529 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	1,578	1,474	1,414	2,963	2,739	2,737
Trading Asset Securities	890.15	947.19	963.55	652.11	-	-
Cash & Short-Term Investments	2,468	2,421	2,378	3,615	2,739	2,737
Cash Growth	14.02%	1.80%	-34.21%	31.99%	0.04%	20.84%
Accounts Receivable	48.21	27.45	24.21	9.39	7.2	225.14
Other Receivables	35.35	47.67	83.87	23.09	33.56	42.18
Receivables	83.56	75.12	108.08	32.48	40.76	267.32
Inventory	367.14	303.1	251.43	419.22	409.03	596.65
Prepaid Expenses	-	-	-	-	-	0.07
Other Current Assets	406.18	382.53	25.46	25.56	23.52	24.29
Total Current Assets	3,325	3,182	2,763	4,092	3,212	3,626
Property, Plant & Equipment	1,955	1,639	1,362	1,029	697.8	502.86
Long-Term Investments	1,166	1,167	1,183	1,178	1,174	51.05
Other Intangible Assets	221.62	223.32	223.62	225.35	161.95	100.82
Long-Term Deferred Tax Assets	29.66	28.51	11.58	10.51	10.34	17.11
Long-Term Deferred Charges	27.52	26.36	21.27	10.82	11.1	12.95
Other Long-Term Assets	563.32	620.57	690.66	457.39	457.74	403.65
Total Assets	7,288	6,886	6,255	7,002	5,725	4,714
Accounts Payable	157.36	89.74	83.24	75.87	62.7	569.16
Accrued Expenses	11.27	26.61	38.47	35.57	53.73	135.03
Short-Term Debt	1,808	1,736	1,215	2,196	1,233	654.09
Current Portion of Long-Term Debt	58.98	43.54	31.66	28.83	7	-
Current Portion of Leases	-	-	12.93	11.36	12.58	22.45
Current Income Taxes Payable	16.68	4.11	5.32	9.22	3.18	33.14
Current Unearned Revenue	62.18	40.79	49.45	53.37	71.29	82.75
Other Current Liabilities	387.15	431.26	103.54	76.39	76.44	182.7
Total Current Liabilities	2,501	2,372	1,540	2,487	1,520	1,679
Long-Term Debt	938.63	835.51	617.38	538.31	396.8	56.24
Long-Term Leases	243.92	80.04	72.23	109.82	54.69	83.81
Long-Term Unearned Revenue	5.04	5.2	528.24	418.31	430.22	439.96
Long-Term Deferred Tax Liabilities	268.1	267.48	277.94	278.93	277.92	38.55
Other Long-Term Liabilities	-	-	4.5	-	-	-
Total Liabilities	3,957	3,560	3,040	3,832	2,680	2,298
Common Stock	583.79	583.79	583.79	583.79	583.79	583.79
Additional Paid-In Capital	418.11	418.11	418.25	418.25	418.25	575.96
Retained Earnings	2,192	2,194	2,141	2,107	1,982	1,153
Comprehensive Income & Other	25.68	25.68	29.1	29.1	29.1	-
Total Common Equity	3,219	3,222	3,172	3,138	3,013	2,312
Minority Interest	112.13	104.13	42.21	31.71	32.86	104.08
Shareholders' Equity	3,332	3,326	3,215	3,170	3,046	2,416
Total Liabilities & Equity	7,288	6,886	6,255	7,002	5,725	4,714
Total Debt	3,049	2,695	1,949	2,885	1,704	816.58
Net Cash (Debt)	-580.66	-274.29	428.59	730.01	1,035	1,921
Net Cash Growth	-	-	-41.29%	-29.44%	-46.14%	-9.00%
Net Cash Per Share	-1.00	-0.47	0.73	1.25	1.77	3.29
Filing Date Shares Outstanding	578.11	588.82	583.79	583.79	583.79	583.79
Total Common Shares Outstanding	578.11	588.82	583.79	583.79	583.79	583.79
Working Capital	824.12	809.49	1,223	1,605	1,692	1,946
Book Value Per Share	5.57	5.47	5.43	5.38	5.16	3.96
Tangible Book Value	2,998	2,998	2,949	2,913	2,851	2,211
Tangible Book Value Per Share	5.19	5.09	5.05	4.99	4.88	3.79
Buildings	-	-	861.15	379.59	358.98	300.79
Machinery	-	-	335.75	135.33	167.44	144.96
Construction In Progress	-	-	221.45	572.98	313.18	192.77

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