SHE:000607 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	871.64	706.08	853.46	757.18	663.39
Short-Term Investments	-	131.63	210.9	169.84	182.84
Trading Asset Securities	63.39	76.03	137.26	161.42	151.12
Cash & Short-Term Investments	935.03	913.74	1,202	1,088	997.35
Cash Growth	2.33%	-23.96%	10.40%	9.13%	16.02%
Accounts Receivable	230.58	272.31	389.33	411.86	347.41
Other Receivables	65.43	58.18	26.51	40.87	49.65
Receivables	296.01	330.49	415.85	452.73	397.06
Inventory	20.22	24.36	26.08	45	36.83
Other Current Assets	352.21	60.79	42.71	46.24	78.15
Total Current Assets	1,603	1,329	1,686	1,632	1,509
Property, Plant & Equipment	439.78	372	502.22	790.92	697.83
Long-Term Investments	606.58	959.69	865.86	780.26	821.86
Goodwill	114.17	209	223.85	223.85	223.85
Other Intangible Assets	48.43	67.36	70.83	76.45	79.08
Long-Term Accounts Receivable	-	11.34	6.9	32.34	3.16
Long-Term Deferred Tax Assets	6.5	1.81	45.2	4.03	2.87
Long-Term Deferred Charges	19.86	25.6	28.55	35.37	42.82
Other Long-Term Assets	492.53	480.56	515.83	397.03	439.22
Total Assets	3,331	3,457	3,946	3,973	3,820
Accounts Payable	200	229.41	381.2	412.23	396.93
Accrued Expenses	138.63	140.91	153.75	138.7	128.12
Short-Term Debt	52	547.12	575.35	555.17	647.11
Current Portion of Long-Term Debt	133.39	12.85	12.69	30.04	-
Current Portion of Leases	-	50.69	113.64	169.33	140.42
Current Income Taxes Payable	16.83	0.85	2.7	4.23	0.56
Current Unearned Revenue	279.27	263.86	310.71	351.6	357.82
Other Current Liabilities	190.6	77.51	140.6	100.14	95.92
Total Current Liabilities	1,011	1,323	1,691	1,761	1,767
Long-Term Debt	675.37	165.02	177.86	126.58	62.07
Long-Term Leases	138.38	103.02	129.71	245.1	254.38
Long-Term Unearned Revenue	4.53	5.72	4.56	1.9	2.23
Long-Term Deferred Tax Liabilities	8.66	1.83	29.09	0.5	-
Other Long-Term Liabilities	65	0.35	0.38	0.38	0.38
Total Liabilities	1,903	1,599	2,032	2,136	2,086
Common Stock	1,018	1,018	1,018	1,018	1,018
Additional Paid-In Capital	-189.63	-	-	-	-
Retained Earnings	429.67	787.26	824.88	740.84	655.71
Comprehensive Income & Other	-37.63	-197.86	-192.24	-187.72	-188.87
Total Common Equity	1,220	1,607	1,650	1,571	1,485
Minority Interest	208.55	250.49	262.94	265.94	249.58
Shareholders' Equity	1,429	1,858	1,913	1,837	1,734
Total Liabilities & Equity	3,331	3,457	3,946	3,973	3,820
Total Debt	999.14	878.7	1,009	1,126	1,104
Net Cash (Debt)	-64.11	35.04	192.38	-37.78	-106.63
Net Cash Growth	-	-81.79%	-	-	-
Net Cash Per Share	-0.06	0.04	0.20	-0.04	-0.11
Filing Date Shares Outstanding	1,185	1,018	1,018	1,018	1,018
Total Common Shares Outstanding	1,185	1,018	1,018	1,018	1,018
Working Capital	592.76	6.18	-4.37	-129.03	-257.5
Book Value Per Share	1.03	1.58	1.62	1.54	1.46
Tangible Book Value	1,058	1,331	1,356	1,271	1,182
Tangible Book Value Per Share	0.89	1.31	1.33	1.25	1.16
Buildings	-	181.63	180.97	101.32	101.3
Machinery	-	303.56	300.19	372.22	367.65
Construction In Progress	-	2.01	14.29	240.41	150.73

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