SHE:000678 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	130.43	149.44	182.36	178.09	198.76	134.43
Trading Asset Securities	-	-	-	0.81	0.87	0.71
Cash & Short-Term Investments	130.43	149.44	182.36	178.89	199.63	135.14
Cash Growth	-22.37%	-18.05%	1.94%	-10.38%	47.72%	43.20%
Accounts Receivable	463.43	404.42	334.2	393.29	333.83	377.63
Other Receivables	5.84	5.58	15.69	17.17	14.86	19.31
Receivables	469.27	410	349.89	410.46	348.69	396.94
Inventory	402.28	405.44	401.65	407.94	434.02	443.7
Prepaid Expenses	-	-	0.01	0.8	-	6.27
Other Current Assets	33.09	35.39	23.25	33.54	28.65	15.84
Total Current Assets	1,035	1,000	957.16	1,032	1,011	997.89
Property, Plant & Equipment	921.86	952.23	946.72	1,006	1,052	1,126
Long-Term Investments	3.43	3.45	3.13	3.11	2.92	3.16
Other Intangible Assets	269.85	274.99	282.35	284.16	260	289.06
Long-Term Deferred Tax Assets	33.59	34.19	27.33	30.71	32.87	24.14
Other Long-Term Assets	20.94	21.45	23.48	30.12	43.16	13.46
Total Assets	2,285	2,287	2,240	2,386	2,402	2,454
Accounts Payable	677.98	666.36	682.14	674.11	592.2	400.53
Accrued Expenses	42.18	46.44	53.73	38.06	40.86	26.05
Short-Term Debt	429.27	418.94	407.85	434.71	473.1	547.07
Current Portion of Long-Term Debt	70.11	84.76	71.07	72.36	101.65	81
Current Portion of Leases	-	-	3.08	3.37	3.13	2.64
Current Income Taxes Payable	11.26	12.8	0.08	3.23	1.13	0.21
Current Unearned Revenue	5.55	5.21	7.1	6.81	8.89	4.46
Other Current Liabilities	54.99	82.17	46.44	112.6	74.33	142.24
Total Current Liabilities	1,291	1,317	1,271	1,345	1,295	1,204
Long-Term Debt	140.06	109.69	-	10	34.2	95.84
Long-Term Leases	8.31	8.5	3.19	6.38	8.52	10.99
Long-Term Unearned Revenue	29.35	26.12	29.87	28.49	27.29	29
Pension & Post-Retirement Benefits	-	-	2.89	2.48	2.02	2.09
Long-Term Deferred Tax Liabilities	20.47	21.51	17.47	18.5	16.05	13.3
Other Long-Term Liabilities	6.72	6.88	44	48.57	52.57	0.57
Total Liabilities	1,496	1,489	1,369	1,460	1,436	1,356
Common Stock	459.61	459.61	459.61	459.61	459.61	459.61
Additional Paid-In Capital	768.19	768.19	733.21	733.21	733.21	769.21
Retained Earnings	-455.39	-436.4	-387.27	-351.9	-298.18	-173.03
Comprehensive Income & Other	6.7	-3.9	-6.04	-2.12	-22.74	-19.48
Total Common Equity	779.11	787.51	799.51	838.8	871.91	1,036
Minority Interest	9.36	9.66	71.77	87.27	93.93	61.8
Shareholders' Equity	788.47	797.18	871.28	926.07	965.83	1,098
Total Liabilities & Equity	2,285	2,287	2,240	2,386	2,402	2,454
Total Debt	647.75	621.89	485.19	526.81	620.6	737.53
Net Cash (Debt)	-517.33	-472.45	-302.82	-347.92	-420.97	-602.39
Net Cash Per Share	-1.15	-1.06	-0.68	-0.78	-0.91	-1.33
Filing Date Shares Outstanding	474.95	443.47	459.61	459.61	459.61	459.61
Total Common Shares Outstanding	474.95	443.47	459.61	459.61	459.61	459.61
Working Capital	-256.28	-316.42	-314.32	-313.61	-284.29	-206.3
Book Value Per Share	1.64	1.78	1.74	1.83	1.90	2.25
Tangible Book Value	509.25	512.52	517.16	554.65	611.91	747.26
Tangible Book Value Per Share	1.07	1.16	1.13	1.21	1.33	1.63
Buildings	-	-	751.27	755.71	815.78	831.71
Machinery	-	-	1,593	1,627	1,529	1,548
Construction In Progress	-	-	13.16	13.51	41.19	28.83

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