SHE:000558 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	197.54	305.18	279.21	197.19	300.39	74.69
Cash & Short-Term Investments	197.54	305.18	279.21	197.19	300.39	74.69
Cash Growth	-26.38%	9.30%	41.59%	-34.36%	302.18%	-78.43%
Accounts Receivable	383.06	345.31	241.48	34.79	34.48	10.96
Other Receivables	53.84	71.89	65.89	72.14	59.41	37.57
Receivables	436.91	417.21	307.37	106.93	93.89	48.53
Inventory	263.79	223.5	130.46	32.49	76.86	36.09
Other Current Assets	163.95	158.48	34.45	21.08	15.58	71.84
Total Current Assets	1,062	1,104	751.5	357.7	486.73	231.15
Property, Plant & Equipment	715.47	725.67	712.14	698.58	672.54	434.57
Long-Term Investments	23.08	23.26	19.11	34.35	40.01	25.6
Goodwill	4.19	4.19	4.19	-	-	-
Other Intangible Assets	11.88	12	12.04	13.96	13.99	58.25
Long-Term Accounts Receivable	-	-	207.9	219.05	249.91	237.96
Long-Term Deferred Tax Assets	16.94	16.94	18.08	14.82	15.03	-
Long-Term Deferred Charges	14.17	15.15	16.96	4.39	4.64	0
Other Long-Term Assets	805.03	807.76	632.49	655.33	1,037	927.72
Total Assets	2,653	2,709	2,374	1,998	2,520	1,915
Accounts Payable	126.15	158.12	172.57	94.66	63.43	50.91
Accrued Expenses	3.21	5.86	37.63	42.03	90.21	71.26
Short-Term Debt	20.01	20.01	60.08	31.17	50.08	47.27
Current Portion of Long-Term Debt	255.26	275.89	51.95	35.72	35.87	55.57
Current Portion of Leases	-	-	1.76	0.71	0.86	0.08
Current Income Taxes Payable	42.91	41.77	9.89	3.9	8.83	2.73
Current Unearned Revenue	18.09	25.9	16.06	19.16	18.81	7.86
Other Current Liabilities	106.79	108.53	104.35	113.56	126.24	81.18
Total Current Liabilities	572.42	636.09	454.28	340.92	394.32	316.86
Long-Term Debt	794.51	795.87	628.56	353.68	440.01	473
Long-Term Leases	28.26	29.7	30.09	27.59	28.3	0.02
Long-Term Unearned Revenue	0.1	0.1	-	-	-	-
Long-Term Deferred Tax Liabilities	4.38	4.4	4.54	4.03	4.28	-
Other Long-Term Liabilities	0.1	0.1	3.52	-	-	9.27
Total Liabilities	1,400	1,466	1,121	726.22	866.91	799.15
Common Stock	1,289	1,289	1,289	1,289	1,289	1,289
Additional Paid-In Capital	3.96	3.96	-	-	347.61	70.04
Retained Earnings	-242.66	-246.77	-225.99	-206.04	-166.06	-236.95
Comprehensive Income & Other	-	-	-	-	-	1.31
Total Common Equity	1,051	1,046	1,063	1,083	1,471	1,124
Minority Interest	202.67	196.67	190.18	188.78	182.34	-7.53
Shareholders' Equity	1,253	1,243	1,253	1,272	1,653	1,116
Total Liabilities & Equity	2,653	2,709	2,374	1,998	2,520	1,915
Total Debt	1,098	1,121	772.44	448.88	555.12	575.95
Net Cash (Debt)	-900.5	-816.29	-493.22	-251.69	-254.73	-501.26
Net Cash Per Share	-0.70	-0.63	-0.38	-0.20	-0.20	-0.39
Filing Date Shares Outstanding	1,286	1,292	1,289	1,289	1,289	1,289
Total Common Shares Outstanding	1,286	1,292	1,289	1,289	1,289	1,289
Working Capital	489.77	468.28	297.22	16.79	92.41	-85.71
Book Value Per Share	0.82	0.81	0.82	0.84	1.14	0.87
Tangible Book Value	1,034	1,030	1,047	1,069	1,457	1,065
Tangible Book Value Per Share	0.80	0.80	0.81	0.83	1.13	0.83
Buildings	-	-	760.7	699.12	777.39	541.03
Machinery	-	-	128.02	111.4	343.5	11.3
Construction In Progress	-	-	64.9	96	2.13	-

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.