SHE:000695 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	509.98	12.35	12	76.76	14.68	28.52
Cash & Short-Term Investments	509.98	12.35	12	76.76	14.68	28.52
Cash Growth	3687.43%	2.92%	-84.36%	422.99%	-48.53%	-49.63%
Accounts Receivable	403.26	273.66	168.06	104.75	201.05	251.3
Other Receivables	4.07	4.14	27.8	9.07	7.14	8.89
Receivables	407.33	277.8	195.86	113.82	208.19	260.19
Inventory	379.82	256.92	172.22	77.87	153.72	199.29
Other Current Assets	81.87	35.92	35.75	20.28	11.48	17.38
Total Current Assets	1,379	582.99	415.84	288.73	388.07	505.38
Property, Plant & Equipment	2,092	1,789	518.16	388.08	364.62	402.19
Long-Term Investments	0.61	-	-	-	-	0.96
Other Intangible Assets	365.01	367.37	276.25	125.57	33.06	34.29
Long-Term Deferred Tax Assets	43.73	45.92	41	11.07	1.09	23.65
Long-Term Deferred Charges	45.8	7.93	8.88	2.7	37.55	46.75
Other Long-Term Assets	16.42	35.32	148.89	21.65	0.27	1.11
Total Assets	3,943	2,828	1,409	837.8	824.66	1,014
Accounts Payable	1,128	920.46	357.04	238.09	194.35	255.02
Accrued Expenses	4.12	6.05	4.33	3.66	48.12	6.39
Short-Term Debt	61.19	21.44	10.01	11.02	89.29	110.19
Current Portion of Long-Term Debt	191.8	-	-	-	-	-
Current Portion of Leases	-	201.85	77.13	8.75	20.45	66.07
Current Income Taxes Payable	3.77	0	0.41	9.02	0.47	1.17
Current Unearned Revenue	1.57	2.67	0.73	8.2	4.34	1.91
Other Current Liabilities	1,058	1,046	477.71	227	94.85	6.07
Total Current Liabilities	2,448	2,198	927.37	505.74	451.86	446.82
Long-Term Debt	488	-	-	-	-	-
Long-Term Leases	3.48	291.24	96.72	61.31	31.21	35.45
Long-Term Unearned Revenue	158.74	158.74	158.74	36.18	9.07	12.2
Long-Term Deferred Tax Liabilities	16.36	15.1	0.3	-	2.85	2.85
Other Long-Term Liabilities	162.11	-	-	-	-	-
Total Liabilities	3,277	2,663	1,183	603.22	495	497.31
Common Stock	231.75	222.15	222.15	222.15	222.15	222.15
Additional Paid-In Capital	315.76	89.4	79.79	74.69	74.69	74.69
Retained Earnings	-250.91	-239.7	-151.56	-113.6	-95.49	6.95
Comprehensive Income & Other	2.44	2.42	1.2	-	-	-
Total Common Equity	299.05	74.26	151.57	183.23	201.34	303.78
Minority Interest	366.85	90.54	74.33	51.34	128.32	213.24
Shareholders' Equity	665.9	164.8	225.89	234.58	329.66	517.02
Total Liabilities & Equity	3,943	2,828	1,409	837.8	824.66	1,014
Total Debt	744.47	514.52	183.86	81.07	140.96	211.71
Net Cash (Debt)	-234.49	-502.17	-171.85	-4.31	-126.28	-183.19
Net Cash Per Share	-1.04	-2.26	-0.77	-0.02	-0.57	-0.82
Filing Date Shares Outstanding	231.63	222.15	222.15	222.15	222.13	222.15
Total Common Shares Outstanding	231.63	222.15	222.15	222.15	222.13	222.15
Working Capital	-1,069	-1,615	-511.53	-217.01	-63.79	58.56
Book Value Per Share	1.29	0.33	0.68	0.82	0.91	1.37
Tangible Book Value	-65.97	-293.11	-124.68	57.67	168.29	269.49
Tangible Book Value Per Share	-0.28	-1.32	-0.56	0.26	0.76	1.21
Buildings	-	470.4	224.47	144.72	65.99	65.99
Machinery	-	257.24	155.44	193.64	331.13	145.81
Construction In Progress	-	1,058	162.07	103.83	0.5	-