SHE:000692 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	949.52	1,145	559.26	514.67	774.31	276.48
Accounts Receivable	688.03	482.27	421.32	341.12	458.89	420.74
Other Receivables	72.98	161.53	272.14	199.17	211.45	336.19
Inventory	119.88	359.26	487.66	520.22	434.32	1,070
Prepaid Expenses	-	6.62	4.93	4.92	-	5.72
Other Current Assets	275.93	128	217.77	199.83	142.07	107.99
Total Current Assets	2,106	2,283	1,963	1,780	2,021	2,217
Property, Plant & Equipment	3,782	3,783	3,582	3,288	3,237	3,273
Other Intangible Assets	167.57	169.04	64.96	90.51	116.95	121.12
Long-Term Deferred Tax Assets	3.87	3.87	59.56	165.04	182.11	114.57
Long-Term Deferred Charges	16.81	19.4	19.09	21.26	3.9	4.42
Other Long-Term Assets	263.18	181.25	47.95	57.74	100.88	115.1
Total Assets	6,340	6,439	5,737	5,403	5,662	5,845
Accounts Payable	1,092	1,154	1,214	1,327	1,317	1,238
Accrued Expenses	40.16	73.36	46.16	43.99	160.79	6.85
Short-Term Debt	1,444	1,239	2,123	1,634	2,272	1,636
Current Portion of Long-Term Debt	252.37	64.45	200	-	100	229
Current Unearned Revenue	101.65	1,067	995.41	1,003	935.94	937.61
Current Portion of Leases	-	0.46	17.85	127.04	130.18	270
Current Income Taxes Payable	19.94	0.16	0.16	0.16	0.81	1.02
Other Current Liabilities	100.76	321.84	292.79	221.39	1,178	604.24
Total Current Liabilities	3,051	3,920	4,890	4,356	6,095	4,922
Long-Term Debt	2,622	1,987	184.09	228	228	300
Long-Term Leases	3.18	3.56	4.02	21.87	124.7	254.78
Long-Term Unearned Revenue	121.48	128.29	154.45	186.08	212.71	244.26
Pension & Post-Retirement Benefits	-	-	-	-	217.28	-
Long-Term Deferred Tax Liabilities	1.01	1.01	56.86	161.65	176.05	-
Other Long-Term Liabilities	368.73	315.23	226.71	240.69	439.51	2.54
Total Liabilities	6,168	6,355	5,516	5,194	7,494	5,724
Common Stock	532.83	532.83	532.83	532.83	532.83	532.83
Additional Paid-In Capital	1,850	1,850	1,850	1,514	455.85	455.85
Retained Earnings	-2,242	-2,291	-2,238	-1,917	-2,894	-955.4
Comprehensive Income & Other	44.82	40.07	48.41	43.38	36.81	31.66
Total Common Equity	185.45	131.39	193.26	173.35	-1,869	64.95
Minority Interest	-13.24	-47.07	27.57	35.17	36.95	56.35
Shareholders' Equity	172.21	84.32	220.82	208.52	-1,832	121.3
Total Liabilities & Equity	6,340	6,439	5,737	5,403	5,662	5,845
Total Debt	4,322	3,294	2,529	2,011	2,855	2,689
Net Cash (Debt)	-3,373	-2,149	-1,970	-1,496	-2,081	-2,413
Net Cash Per Share	-6.33	-4.03	-3.73	-2.81	-3.90	-4.53
Filing Date Shares Outstanding	533.1	532.83	532.83	532.83	532.83	532.83
Total Common Shares Outstanding	533.1	532.83	532.83	532.83	532.83	532.83
Working Capital	-944.8	-1,637	-2,927	-2,576	-4,074	-2,705
Book Value Per Share	0.35	0.25	0.36	0.33	-3.51	0.12
Tangible Book Value	17.88	-37.65	128.29	82.85	-1,986	-56.17
Tangible Book Value Per Share	0.03	-0.07	0.24	0.16	-3.73	-0.11
Buildings	-	813.53	781.87	790.97	988.66	997.95
Machinery	-	2,350	2,027	1,466	1,425	1,297
Construction In Progress	-	45.63	426.04	43.02	43.14	111.67