SHE:000557 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	1,844	1,839	2,217	2,078	1,682	1,136
Cash & Short-Term Investments	1,844	1,839	2,217	2,078	1,682	1,136
Cash Growth	-15.65%	-17.04%	6.66%	23.59%	47.97%	22.20%
Accounts Receivable	78.13	64.45	44.11	196.63	523.04	646.82
Other Receivables	0.89	1.8	1.44	1.49	7.56	1.8
Receivables	79.02	66.25	45.55	198.11	530.6	648.63
Inventory	60.98	65.57	46.56	47.17	45.93	47.6
Prepaid Expenses	-	-	0.04	0.11	0.24	0.98
Other Current Assets	57.49	65.85	53.72	96.97	32.63	5.81
Total Current Assets	2,041	2,037	2,363	2,421	2,291	1,839
Property, Plant & Equipment	4,278	4,297	3,718	3,144	3,168	3,252
Long-Term Investments	178.08	178.08	175.12	170.58	167.48	160.22
Other Intangible Assets	393.81	396.92	401.39	399.51	378.36	388.67
Long-Term Deferred Tax Assets	20.36	18.02	16.49	12.28	11.86	7.54
Long-Term Deferred Charges	2.62	2.8	2.98	2.88	3.25	3.85
Other Long-Term Assets	103.84	104.91	108.72	113.16	111.33	118.15
Total Assets	7,018	7,034	6,785	6,263	6,132	5,770
Accounts Payable	423.77	524.11	326.94	134.64	267.63	164.27
Accrued Expenses	34.12	23.79	80.15	96.8	95.98	87.91
Current Portion of Long-Term Debt	2.53	3.54	-	-	-	-
Current Portion of Leases	-	-	4.96	-	-	-
Current Income Taxes Payable	10.92	13.57	14.84	7.81	5.86	13.17
Current Unearned Revenue	29.69	24.58	45.62	26.32	24.44	11.14
Other Current Liabilities	30.13	27.08	122.53	109.85	93.49	80.3
Total Current Liabilities	531.17	616.65	595.04	375.43	487.4	356.79
Long-Term Leases	0.77	1.54	5.07	-	-	-
Long-Term Unearned Revenue	38.8	22.09	1.75	1.93	-	-
Pension & Post-Retirement Benefits	-	-	0.84	1.01	1.04	1.84
Long-Term Deferred Tax Liabilities	44.44	45.3	50.8	42.64	40.3	34.9
Other Long-Term Liabilities	14.19	14.22	21.16	0.06	0.03	0.03
Total Liabilities	629.36	699.8	674.65	421.06	528.76	393.56
Common Stock	1,458	1,458	1,458	1,458	1,458	1,458
Additional Paid-In Capital	4,322	4,322	4,322	4,322	4,322	4,322
Retained Earnings	596.47	544.44	324.8	61.8	-180.61	-418.58
Comprehensive Income & Other	11.73	9.79	5.29	-	3.06	14.98
Total Common Equity	6,388	6,335	6,110	5,842	5,603	5,377
Shareholders' Equity	6,388	6,335	6,110	5,842	5,603	5,377
Total Liabilities & Equity	7,018	7,034	6,785	6,263	6,132	5,770
Total Debt	3.3	5.07	10.03	-	-	-
Net Cash (Debt)	1,841	1,834	2,207	2,078	1,682	1,136
Net Cash Growth	-15.50%	-16.90%	6.18%	23.59%	47.97%	22.20%
Net Cash Per Share	1.26	1.26	1.51	1.43	1.15	0.78
Filing Date Shares Outstanding	1,457	1,460	1,458	1,458	1,458	1,458
Total Common Shares Outstanding	1,457	1,460	1,458	1,458	1,458	1,458
Working Capital	1,510	1,420	1,768	2,045	1,804	1,483
Book Value Per Share	4.38	4.34	4.19	4.01	3.84	3.69
Tangible Book Value	5,995	5,938	5,709	5,443	5,224	4,988
Tangible Book Value Per Share	4.11	4.07	3.91	3.73	3.58	3.42
Buildings	-	-	393.69	394.05	405.8	422.72
Machinery	-	-	946.78	874.51	812.97	576.97
Construction In Progress	-	-	690.1	69.88	24.98	10.35

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