SHE:000536 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	485.29	483.8	500.26	1,060	2,133	1,555
Trading Asset Securities	-	-	-	-	200.4	3.51
Cash & Short-Term Investments	485.29	483.8	500.26	1,060	2,334	1,558
Cash Growth	61.46%	-3.29%	-52.83%	-54.55%	49.77%	-3.70%
Accounts Receivable	39.25	22.14	92.19	136.7	70.5	387.61
Other Receivables	51.07	55.82	49.91	48.01	68.11	113.39
Receivables	90.33	77.95	142.1	184.72	138.61	501
Inventory	139.06	126.17	202.5	215	192.22	661.45
Other Current Assets	759.02	795.52	30.29	66.26	44.75	42.18
Total Current Assets	1,474	1,483	875.15	1,526	2,709	2,763
Property, Plant & Equipment	3,617	3,794	4,539	5,278	6,133	6,943
Long-Term Investments	85.69	104.73	161.78	207.55	55.24	45.23
Other Intangible Assets	273.91	276.33	296.33	283.98	294.07	227.98
Long-Term Deferred Charges	15.93	12.57	20.91	46.9	47.34	39.79
Other Long-Term Assets	10.15	10.15	0.11	9.39	22.21	1,479
Total Assets	5,476	5,681	5,893	7,352	9,261	11,498
Accounts Payable	580.01	610.02	685.27	511.92	518.75	897.59
Accrued Expenses	45.7	40.92	64.91	58.79	63.08	113.64
Short-Term Debt	1,484	1,232	1,228	1,866	2,057	2,637
Current Portion of Long-Term Debt	1,119	1,180	420.48	483.36	398.44	442.14
Current Portion of Leases	-	-	576.5	499.4	440.49	363.65
Current Income Taxes Payable	8.84	11.51	-	-	-	3.3
Current Unearned Revenue	45.92	96.69	69.78	30.38	13.94	159.22
Other Current Liabilities	228.29	233.81	265.36	159.91	150.7	186.24
Total Current Liabilities	3,511	3,405	3,311	3,610	3,642	4,803
Long-Term Debt	-	-	335	698.34	870.09	1,199
Long-Term Leases	0.19	0.35	900.01	560.21	653.21	98.35
Long-Term Unearned Revenue	17.23	18.22	22.95	24.64	27.41	29.88
Other Long-Term Liabilities	1,091	1,136	10.09	8.45	8.31	8.98
Total Liabilities	4,620	4,559	4,579	4,902	5,201	6,139
Common Stock	2,766	2,766	2,766	2,766	2,766	2,766
Additional Paid-In Capital	9,392	9,440	8,595	8,595	8,595	8,595
Retained Earnings	-11,303	-11,081	-10,049	-8,919	-7,315	-6,092
Comprehensive Income & Other	-15.29	-18.81	-14.33	-10.1	-7.86	-14.02
Total Common Equity	840.04	1,107	1,297	2,431	4,037	5,254
Minority Interest	15.57	15.82	17.66	19.02	21.84	104.9
Shareholders' Equity	855.61	1,122	1,315	2,450	4,059	5,359
Total Liabilities & Equity	5,476	5,681	5,893	7,352	9,261	11,498
Total Debt	2,603	2,412	3,460	4,108	4,419	4,740
Net Cash (Debt)	-2,118	-1,929	-2,960	-3,047	-2,086	-3,182
Net Cash Per Share	-0.77	-0.70	-1.07	-1.10	-0.75	-1.15
Filing Date Shares Outstanding	2,766	2,766	2,766	2,766	2,766	2,766
Total Common Shares Outstanding	2,766	2,766	2,766	2,766	2,766	2,766
Working Capital	-2,038	-1,922	-2,435	-2,084	-933.32	-2,041
Book Value Per Share	0.30	0.40	0.47	0.88	1.46	1.90
Tangible Book Value	566.14	830.19	1,001	2,147	3,743	5,026
Tangible Book Value Per Share	0.20	0.30	0.36	0.78	1.35	1.82
Buildings	-	-	2,452	2,482	2,487	2,502
Machinery	-	-	8,046	8,534	8,734	8,898
Construction In Progress	-	-	118.38	87.14	104.96	148.02

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