SHE:000615 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	522.46	178.91	106.84	147.88	238.52	604.49
Trading Asset Securities	31.73	31.63	30.61	30.61	68.4	15.39
Cash & Short-Term Investments	554.19	210.53	137.45	178.49	306.91	619.88
Cash Growth	331.08%	53.17%	-22.99%	-41.84%	-50.49%	24.78%
Accounts Receivable	11.75	68.7	70.29	60.64	90.29	63
Other Receivables	736.5	1,444	42.52	79.98	134.81	134.3
Receivables	748.25	1,513	112.81	140.62	225.11	197.3
Inventory	20.08	110.35	134.09	169.53	183.65	218.72
Other Current Assets	15.92	136.84	47.78	41.5	129.12	76.9
Total Current Assets	1,338	1,971	432.12	530.15	844.79	1,113
Property, Plant & Equipment	162.01	293.72	1,044	1,223	1,393	1,562
Long-Term Investments	101.84	129.96	253.52	243.36	140.78	116.56
Goodwill	202.5	202.5	425.79	557.17	615.3	661.09
Other Intangible Assets	53	139.36	209.91	218.02	229.64	238.73
Long-Term Deferred Tax Assets	24.5	26.15	41.25	43.02	39.17	32.17
Long-Term Deferred Charges	15	15.63	14.71	15.07	6.86	7.97
Other Long-Term Assets	447.57	451.91	456.73	473.24	490.24	538.09
Total Assets	2,345	3,230	2,878	3,303	3,760	4,269
Accounts Payable	78.52	198.74	272.47	245.82	267.81	297.13
Accrued Expenses	27.34	39.03	72.35	69.66	38.09	40.8
Short-Term Debt	-	50.1	24.59	25.05	40	57.92
Current Portion of Long-Term Debt	40.13	441.28	755.27	230.51	134.85	206.62
Current Portion of Leases	-	-	27.76	29.04	26.46	31.15
Current Income Taxes Payable	6	11.4	1.97	0.09	1.36	1.3
Current Unearned Revenue	112.96	134.11	185.23	167.92	153.7	162.59
Other Current Liabilities	52.78	96	51.6	166.48	42.8	37.63
Total Current Liabilities	317.73	970.66	1,391	934.56	705.07	835.14
Long-Term Debt	265.56	265.56	246.94	847.6	1,010	1,138
Long-Term Leases	11.14	14.93	37.9	60.42	70.89	115.47
Long-Term Unearned Revenue	9.88	12.63	82.46	87.43	90.71	92.63
Long-Term Deferred Tax Liabilities	7.48	12.22	18.14	24.41	26.1	4.35
Other Long-Term Liabilities	-	-	1,028	964.08	1,740	208.63
Total Liabilities	611.79	1,276	2,805	2,918	3,643	2,394
Common Stock	1,787	1,787	762.98	762.98	762.98	781.18
Additional Paid-In Capital	2,307	2,307	814.04	727.78	-	-
Retained Earnings	-2,407	-2,191	-1,747	-1,372	-993.87	726.19
Treasury Stock	-85.23	-85.23	-	-	-	-108.99
Comprehensive Income & Other	32.38	40.12	32.14	24	23.7	36.96
Total Common Equity	1,635	1,859	-138.25	142.32	-207.19	1,435
Minority Interest	98.28	95.39	211.93	242.33	324.53	439.54
Shareholders' Equity	1,733	1,954	73.67	384.65	117.34	1,875
Total Liabilities & Equity	2,345	3,230	2,878	3,303	3,760	4,269
Total Debt	316.83	771.87	1,092	1,193	1,282	1,549
Net Cash (Debt)	237.36	-561.33	-955	-1,014	-975.42	-929.19
Net Cash Per Share	0.24	-0.73	-1.14	-1.20	-1.16	-1.07
Filing Date Shares Outstanding	1,800	506.95	839.28	839.28	839.28	859.3
Total Common Shares Outstanding	1,800	506.95	839.28	839.28	839.28	859.3
Working Capital	1,021	1,000	-959.12	-404.42	139.72	277.66
Book Value Per Share	0.91	3.67	-0.16	0.17	-0.25	1.67
Tangible Book Value	1,379	1,517	-773.95	-632.87	-1,052	535.52
Tangible Book Value Per Share	0.77	2.99	-0.92	-0.75	-1.25	0.62
Buildings	-	-	548.59	554.32	518.78	563.57
Machinery	-	-	1,414	1,490	1,586	1,702
Construction In Progress	-	-	18.95	16.53	31.73	47.41

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