SHE:000637 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	294.05	206.91	202.12	136.87	160.26	194.95
Trading Asset Securities	-	-	-	-	-	88.17
Cash & Short-Term Investments	294.05	206.91	202.12	136.87	160.26	283.12
Cash Growth	10.36%	2.37%	47.68%	-14.59%	-43.40%	45.27%
Accounts Receivable	101.47	62.39	210.64	138.31	324.76	297.17
Other Receivables	35.18	28.92	150.43	23.02	18.63	20.61
Receivables	136.65	91.3	361.07	161.33	343.39	317.78
Inventory	118.07	126.42	166.81	220.93	235.44	247.79
Other Current Assets	46.11	101.74	100.34	149.91	124.16	449.74
Total Current Assets	594.88	526.38	830.35	669.04	863.25	1,298
Property, Plant & Equipment	844.09	871.83	971.14	1,027	1,151	1,057
Long-Term Investments	58.62	55.59	60.41	271.96	283.07	285.21
Goodwill	219.41	219.41	225.9	225.9	225.9	-
Other Intangible Assets	114.76	115.46	119.28	119.47	170.16	81.72
Long-Term Deferred Tax Assets	96.86	98.52	105.66	108.48	87.05	30.76
Long-Term Deferred Charges	30.14	34.16	43.84	56.38	86.89	115.39
Other Long-Term Assets	13.44	13.65	35.29	20.73	64.41	18.69
Total Assets	1,972	1,935	2,392	2,499	2,932	2,888
Accounts Payable	134.14	124.93	133.54	179.38	156.07	175.42
Accrued Expenses	8.29	8.43	13.37	17.17	20.67	7.69
Short-Term Debt	517.77	449.01	691.85	636.88	872.93	616.19
Current Portion of Long-Term Debt	172.7	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	9.42	5.72	10.36	-	1.07	11.34
Current Unearned Revenue	91.89	74.46	62.12	151.33	47.72	84.08
Other Current Liabilities	68.9	70.37	250.71	200.36	179.1	142.56
Total Current Liabilities	1,003	907.45	1,290	1,297	1,395	1,149
Long-Term Debt	182.25	215	117.2	158.69	264.18	369.66
Long-Term Leases	142.64	139.41	145.63	101.27	146.18	151.07
Long-Term Unearned Revenue	0.14	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	46.82	47.58	52.52	38.5	65.89	13.15
Other Long-Term Liabilities	25.69	26.21	-	-	0.03	14.82
Total Liabilities	1,401	1,336	1,634	1,625	1,898	1,723
Common Stock	519.88	519.88	519.88	519.88	519.88	519.88
Additional Paid-In Capital	15.35	15.35	15.13	14.49	13.65	13.29
Retained Earnings	-57.35	-29.1	112.58	195.96	335.39	462.79
Comprehensive Income & Other	0.71	-1.5	-2.45	-2.02	12.76	40.2
Total Common Equity	478.58	504.62	645.13	728.31	881.68	1,036
Minority Interest	92.98	94.59	112.95	145.61	151.93	129.01
Shareholders' Equity	571.57	599.21	758.08	873.91	1,034	1,165
Total Liabilities & Equity	1,972	1,935	2,392	2,499	2,932	2,888
Total Debt	1,015	977.95	1,083	1,008	1,401	1,248
Net Cash (Debt)	-721.31	-771.03	-880.81	-871.52	-1,240	-965.01
Net Cash Per Share	-1.33	-1.47	-1.69	-1.70	-2.39	-1.88
Filing Date Shares Outstanding	565.03	536.83	519.88	519.88	519.88	519.88
Total Common Shares Outstanding	565.03	536.83	519.88	519.88	519.88	519.88
Working Capital	-408.23	-381.07	-459.84	-627.64	-531.53	149.92
Book Value Per Share	0.85	0.94	1.24	1.40	1.70	1.99
Tangible Book Value	144.4	169.75	299.95	382.93	485.62	954.43
Tangible Book Value Per Share	0.26	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.