SHE:000561 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	Dec '21 Dec 31, 2021
Cash & Equivalents	623.12	769.56	372.08	622.83	658.7	625
Short-Term Investments	-	-	10.03	8.26	11.66	13.84
Cash & Short-Term Investments	623.12	769.56	382.1	631.08	670.36	638.85
Cash Growth	48.55%	101.40%	-39.45%	-5.86%	4.93%	11.38%
Accounts Receivable	2,944	3,009	1,873	1,816	1,779	1,358
Other Receivables	51.14	43.59	15.65	10.07	8.68	9.41
Receivables	2,995	3,053	1,889	1,826	1,787	1,367
Inventory	1,675	1,544	836.74	826.67	883.68	835.15
Other Current Assets	174.73	111.61	72.34	72.39	41.01	97.96
Total Current Assets	5,468	5,478	3,180	3,356	3,382	2,939
Property, Plant & Equipment	933.14	932	642.27	728.18	780.45	802.54
Long-Term Investments	18.93	18.93	-	-	-	-
Other Intangible Assets	153.06	153.4	72.7	77.8	83.36	86.98
Long-Term Deferred Tax Assets	99.85	102.3	65.19	52.29	56.47	47.26
Long-Term Deferred Charges	14.85	19.4	9.82	7.92	10	12.95
Other Long-Term Assets	213.73	213.73	225.21	86.26	-	-
Total Assets	6,901	6,918	4,195	4,308	4,313	3,889
Accounts Payable	2,102	2,032	1,136	1,313	1,567	1,363
Accrued Expenses	132.1	183.93	141.18	117.81	166.83	151.75
Short-Term Debt	851.4	836.64	485.48	410.03	345.03	193.03
Current Portion of Long-Term Debt	158.41	125.62	167.01	12.28	-	-
Current Portion of Leases	-	-	9.55	5.79	5.92	7.91
Current Income Taxes Payable	25.98	42.93	0.25	0.29	3.77	0.83
Current Unearned Revenue	205.88	170.25	59.17	65.76	77.07	115.21
Other Current Liabilities	101.09	108.62	85.27	112.63	64.67	73.05
Total Current Liabilities	3,576	3,500	2,083	2,037	2,230	1,904
Long-Term Debt	30.8	64.45	104.03	97.01	46.42	34.43
Long-Term Leases	25.29	25.28	7.4	10.83	16.27	23.73
Long-Term Unearned Revenue	64.25	64.25	56.76	82.15	45.13	51.51
Long-Term Deferred Tax Liabilities	13.89	13.16	16.92	11.8	2.23	-
Other Long-Term Liabilities	110.99	111.47	35.17	35.72	35.87	36.18
Total Liabilities	3,822	3,779	2,304	2,275	2,376	2,050
Common Stock	864.02	864.02	604.27	604.27	604.69	604.69
Additional Paid-In Capital	1,218	1,213	201.78	174.78	176.96	176.93
Retained Earnings	745.17	798.38	908.46	1,067	1,014	915.48
Treasury Stock	-	-	-4.95	-	-2.6	-3.35
Comprehensive Income & Other	78.18	78.19	61.22	48.53	11.29	11.12
Total Common Equity	2,906	2,954	1,771	1,894	1,805	1,705
Minority Interest	173.81	184.83	120.56	139.43	132.02	133.88
Shareholders' Equity	3,080	3,139	1,891	2,034	1,937	1,839
Total Liabilities & Equity	6,901	6,918	4,195	4,308	4,313	3,889
Total Debt	1,066	1,052	773.48	535.94	413.64	259.1
Net Cash (Debt)	-442.78	-282.42	-391.37	95.15	256.72	379.75
Net Cash Growth	-	-	-	-62.94%	-32.40%	8.25%
Net Cash Per Share	-0.56	-0.37	-0.64	0.16	0.42	0.62
Filing Date Shares Outstanding	863.81	439.39	603.58	604.27	604.69	604.69
Total Common Shares Outstanding	863.81	439.39	603.58	604.27	604.69	604.69
Working Capital	1,891	1,978	1,096	1,319	1,152	1,035
Book Value Per Share	3.36	6.72	2.93	3.13	2.98	2.82
Tangible Book Value	2,753	2,801	1,698	1,816	1,721	1,618
Tangible Book Value Per Share	3.19	6.37	2.81	3.01	2.85	2.68
Buildings	-	-	694.38	639.58	688.44	612.32
Machinery	-	-	387.83	396.41	385.36	379.79
Construction In Progress	-	-	12.62	136.98	143	212.82

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