SHE:000665 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	Dec '21 Dec 31, 2021
Cash & Equivalents	195.12	322.56	290.41	327.04	681.5	679.99
Trading Asset Securities	20.02	18.42	11.37	7.18	204.36	206.4
Cash & Short-Term Investments	215.14	340.98	301.78	334.22	885.85	886.38
Cash Growth	-74.18%	12.99%	-9.71%	-62.27%	-0.06%	24.99%
Accounts Receivable	1,150	1,198	1,165	1,115	1,195	872.34
Other Receivables	45.88	29.87	28.45	30.37	59.45	64.69
Receivables	1,196	1,228	1,193	1,145	1,255	937.03
Inventory	29.83	51.91	54.27	117.27	82.25	107.27
Other Current Assets	472.52	485.47	585.16	659.14	510.87	564
Total Current Assets	1,913	2,107	2,135	2,256	2,734	2,495
Property, Plant & Equipment	6,419	6,514	6,963	7,389	7,458	7,706
Long-Term Investments	538.52	536.55	556.73	647.16	475.54	487.9
Goodwill	-	-	301.06	312.16	312.16	312.16
Other Intangible Assets	87.92	90.8	100.54	110.66	124.35	128.02
Long-Term Deferred Tax Assets	-	-	4.64	5.27	14.46	6.17
Long-Term Deferred Charges	142.82	153.43	176.84	166.73	265.24	481.79
Other Long-Term Assets	105.77	105.94	106.59	103.08	370.65	213.48
Total Assets	9,207	9,508	10,344	10,989	11,754	11,831
Accounts Payable	1,473	1,592	1,506	1,461	1,775	1,780
Accrued Expenses	103.46	147.18	165.83	196.42	215.31	239.4
Short-Term Debt	2,046	1,941	1,479	1,231	981.75	942.5
Current Portion of Long-Term Debt	152.43	292.64	1,504	534.71	410.04	23.23
Current Portion of Leases	-	16.11	7.78	11.69	15.5	13.61
Current Income Taxes Payable	3.89	0.09	0.05	0.1	1.79	2.12
Current Unearned Revenue	274.38	224.57	238.09	246.49	303.02	345.3
Other Current Liabilities	687	683.27	689.81	185.95	172.38	183.53
Total Current Liabilities	4,739	4,897	5,590	3,867	3,875	3,530
Long-Term Debt	1,204	1,233	295.38	1,798	1,748	2,222
Long-Term Leases	33.83	33.92	14.78	14.89	18.31	23.41
Long-Term Unearned Revenue	26.37	26.66	29.62	33.71	40.22	43.94
Long-Term Deferred Tax Liabilities	0.39	0.39	4.91	9.26	24.8	16.33
Other Long-Term Liabilities	0.86	0.86	-	-	5.35	5.01
Total Liabilities	6,005	6,191	5,934	5,723	5,711	5,840
Common Stock	1,137	1,137	1,137	1,134	1,134	1,014
Additional Paid-In Capital	4,532	4,532	4,532	4,520	4,519	3,845
Retained Earnings	-2,481	-2,366	-1,271	-476.47	185.23	780.51
Comprehensive Income & Other	3.65	3.46	3.46	86.79	79.05	231.56
Total Common Equity	3,192	3,306	4,401	5,265	5,918	5,871
Minority Interest	10.23	10.29	8.54	1.53	125.79	118.65
Shareholders' Equity	3,202	3,317	4,410	5,266	6,044	5,990
Total Liabilities & Equity	9,207	9,508	10,344	10,989	11,754	11,831
Total Debt	3,436	3,516	3,300	3,590	3,173	3,224
Net Cash (Debt)	-3,221	-3,175	-2,999	-3,256	-2,287	-2,338
Net Cash Per Share	-2.80	-2.78	-2.64	-2.85	-2.11	-2.36
Filing Date Shares Outstanding	1,137	1,137	1,137	1,134	1,134	1,014
Total Common Shares Outstanding	1,137	1,137	1,137	1,134	1,134	1,014
Working Capital	-2,826	-2,790	-3,455	-1,612	-1,141	-1,035
Book Value Per Share	2.81	2.91	3.87	4.64	5.22	5.79
Tangible Book Value	3,104	3,216	4,000	4,842	5,481	5,431
Tangible Book Value Per Share	2.73	2.83	3.52	4.27	4.83	5.35
Buildings	-	782.38	771.66	766.87	406.12	406.77
Machinery	-	12,233	12,045	11,404	11,108	10,479
Construction In Progress	-	274.75	421.94	959.74	1,235	1,560