SHE:000659 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	84.51	122.64	46.84	21.28	64.89	62.18
Cash & Short-Term Investments	84.51	122.64	46.84	21.28	64.89	62.18
Cash Growth	2.33%	161.81%	120.13%	-67.20%	4.35%	-23.46%
Accounts Receivable	153.59	131.14	120.7	105.13	115.04	144.02
Other Receivables	17.04	19.06	18.06	22.3	79.43	95.32
Receivables	170.63	150.2	138.76	127.44	194.48	239.34
Inventory	85.36	92.75	95.21	100.21	143.13	154.96
Prepaid Expenses	-	-	0.5	0.54	0.24	0.6
Other Current Assets	77.97	74.56	50.86	46.72	47.99	81.22
Total Current Assets	418.48	440.15	332.18	296.18	450.73	538.3
Property, Plant & Equipment	988.39	1,006	928.78	1,046	1,157	1,253
Long-Term Investments	0.79	0.79	0.79	5	5	5
Goodwill	-	-	-	-	1.32	1.32
Other Intangible Assets	109.65	110.52	114.66	118.37	124.65	130.34
Long-Term Deferred Tax Assets	11.89	11.92	10.85	12.93	17.61	21.93
Long-Term Deferred Charges	35.21	36.46	28.25	29.9	31.59	33.11
Other Long-Term Assets	289.9	314.25	360.22	327.7	346.38	334.68
Total Assets	1,854	1,920	1,776	1,836	2,134	2,318
Accounts Payable	56.71	57.31	63.11	59.48	68.37	78.25
Accrued Expenses	44.84	46.12	508.14	205.77	194.89	161.97
Short-Term Debt	810.11	270.89	170.29	163.43	162.16	193.9
Current Portion of Long-Term Debt	80.86	615.43	561.18	791.87	961.06	598.85
Current Portion of Leases	-	-	14.67	36.88	37.66	7.2
Current Income Taxes Payable	29.95	34.16	22.71	38.5	24.39	27.15
Current Unearned Revenue	37.18	43.58	20.34	15.74	19.75	20.1
Other Current Liabilities	599.02	603.53	120.05	136.72	222.69	243.57
Total Current Liabilities	1,659	1,671	1,480	1,448	1,691	1,331
Long-Term Debt	77.39	105.58	57.56	42.5	-	375.88
Long-Term Leases	44.39	47.09	9.28	18.87	39.57	28.59
Long-Term Unearned Revenue	19.43	19.5	19.79	20.09	20.38	20.21
Long-Term Deferred Tax Liabilities	58.93	63.53	68.59	62.45	61.93	62.81
Total Liabilities	1,859	1,907	1,636	1,592	1,813	1,818
Common Stock	1,286	1,286	1,286	1,286	1,286	1,286
Additional Paid-In Capital	294.65	294.65	281.23	281.23	281.23	281.23
Retained Earnings	-1,588	-1,583	-1,468	-1,345	-1,275	-1,090
Comprehensive Income & Other	100.03	112.87	123.83	104.68	112.01	104.88
Total Common Equity	91.97	110.2	222.96	326.62	404.2	581.65
Minority Interest	-96.46	-96.55	-82.93	-82.87	-82.87	-81.96
Shareholders' Equity	-4.49	13.65	140.03	243.75	321.33	499.69
Total Liabilities & Equity	1,854	1,920	1,776	1,836	2,134	2,318
Total Debt	1,013	1,039	812.98	1,054	1,200	1,204
Net Cash (Debt)	-928.24	-916.34	-766.14	-1,032	-1,136	-1,142
Net Cash Per Share	-0.72	-0.71	-0.60	-0.80	-0.88	-0.89
Filing Date Shares Outstanding	1,284	1,286	1,286	1,286	1,286	1,286
Total Common Shares Outstanding	1,284	1,286	1,286	1,286	1,286	1,286
Working Capital	-1,240	-1,231	-1,148	-1,152	-1,240	-792.68
Book Value Per Share	0.07	0.09	0.17	0.25	0.31	0.45
Tangible Book Value	-17.67	-0.32	108.3	208.25	278.23	449.99
Tangible Book Value Per Share	-0.01	-0.00	0.08	0.16	0.22	0.35
Buildings	-	-	-	-	501.81	433.4
Machinery	-	-	-	-	3,973	3,988
Construction In Progress	-	-	6.72	19.55	14.5	97.74

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