SHE:000637 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	206.91	202.12	136.87	160.26	194.95
Trading Asset Securities	-	-	-	-	88.17
Cash & Short-Term Investments	206.91	202.12	136.87	160.26	283.12
Cash Growth	2.37%	47.68%	-14.59%	-43.40%	45.27%
Accounts Receivable	62.39	210.64	138.31	324.76	297.17
Other Receivables	28.92	150.43	23.02	18.63	20.61
Receivables	91.3	361.07	161.33	343.39	317.78
Inventory	126.42	166.81	220.93	235.44	247.79
Other Current Assets	101.74	100.34	149.91	124.16	449.74
Total Current Assets	526.38	830.35	669.04	863.25	1,298
Property, Plant & Equipment	871.83	971.14	1,027	1,151	1,057
Long-Term Investments	55.59	60.41	271.96	283.07	285.21
Goodwill	219.41	225.9	225.9	225.9	-
Other Intangible Assets	115.46	119.28	119.47	170.16	81.72
Long-Term Deferred Tax Assets	98.52	105.66	108.48	87.05	30.76
Long-Term Deferred Charges	34.16	43.84	56.38	86.89	115.39
Other Long-Term Assets	13.65	35.29	20.73	64.41	18.69
Total Assets	1,935	2,392	2,499	2,932	2,888
Accounts Payable	124.93	133.54	179.38	156.07	175.42
Accrued Expenses	8.43	13.37	17.17	20.67	7.69
Short-Term Debt	449.01	691.85	636.88	872.93	616.19
Current Portion of Long-Term Debt	174.52	121.8	105.86	105.99	105.49
Current Portion of Leases	-	6.44	5.69	11.24	5.73
Current Income Taxes Payable	5.72	10.36	-	1.07	11.34
Current Unearned Revenue	74.46	62.12	151.33	47.72	84.08
Other Current Liabilities	70.37	250.71	200.36	179.1	142.56
Total Current Liabilities	907.45	1,290	1,297	1,395	1,149
Long-Term Debt	215	117.2	158.69	264.18	369.66
Long-Term Leases	139.41	145.63	101.27	146.18	151.07
Long-Term Unearned Revenue	0.14	1.76	1.84	1.93	2.01
Pension & Post-Retirement Benefits	-	26.47	27.95	25.17	23.29
Long-Term Deferred Tax Liabilities	47.58	52.52	38.5	65.89	13.15
Other Long-Term Liabilities	26.21	-	-	0.03	14.82
Total Liabilities	1,336	1,634	1,625	1,898	1,723
Common Stock	519.88	519.88	519.88	519.88	519.88
Additional Paid-In Capital	15.35	15.13	14.49	13.65	13.29
Retained Earnings	-29.1	112.58	195.96	335.39	462.79
Comprehensive Income & Other	-1.5	-2.45	-2.02	12.76	40.2
Total Common Equity	504.62	645.13	728.31	881.68	1,036
Minority Interest	94.59	112.95	145.61	151.93	129.01
Shareholders' Equity	599.21	758.08	873.91	1,034	1,165
Total Liabilities & Equity	1,935	2,392	2,499	2,932	2,888
Total Debt	977.95	1,083	1,008	1,401	1,248
Net Cash (Debt)	-771.03	-880.81	-871.52	-1,240	-965.01
Net Cash Per Share	-1.47	-1.69	-1.70	-2.39	-1.88
Filing Date Shares Outstanding	536.83	519.88	519.88	519.88	519.88
Total Common Shares Outstanding	536.83	519.88	519.88	519.88	519.88
Working Capital	-381.07	-459.84	-627.64	-531.53	149.92
Book Value Per Share	0.94	1.24	1.40	1.70	1.99
Tangible Book Value	169.75	299.95	382.93	485.62	954.43
Tangible Book Value Per Share	0.32	0.58	0.74	0.93	1.84
Buildings	-	617.95	545.93	538.36	372.18
Machinery	-	1,358	1,370	1,343	1,270
Construction In Progress	-	49.78	98.62	25.93	17.93

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