SHE:000697 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,360	113.43	719.5	75.78	137.59
Short-Term Investments	-	1.32	0.61	-	-
Cash & Short-Term Investments	1,360	114.75	720.11	75.78	137.59
Cash Growth	1085.22%	-84.06%	850.26%	-44.92%	-4.56%
Accounts Receivable	612.27	521.38	442.58	271.66	269.51
Other Receivables	22.91	34.63	19.9	16.54	20.42
Receivables	635.18	556.01	462.48	288.2	289.93
Inventory	636.9	531.91	472.1	372.52	286.56
Other Current Assets	107.26	76.87	52.02	33.33	99.12
Total Current Assets	2,739	1,280	1,707	769.83	813.2
Property, Plant & Equipment	1,235	1,205	1,175	1,131	1,143
Long-Term Investments	33.52	36.36	37.53	37.9	114.9
Goodwill	355.28	556.36	592.09	593.43	860.54
Other Intangible Assets	112.83	111.93	136.45	153.15	192.15
Long-Term Deferred Tax Assets	74.53	130.74	102.95	72.26	77.99
Long-Term Deferred Charges	45.82	36.37	40.2	35.6	35.27
Other Long-Term Assets	8.83	38.35	11.1	14.03	9.22
Total Assets	4,606	3,395	3,803	2,807	3,246
Accounts Payable	331.75	259.5	226.96	224.45	196.59
Accrued Expenses	83.82	101.67	95.32	86.79	130.86
Short-Term Debt	510.19	1,536	1,912	2,081	1,733
Current Portion of Long-Term Debt	47.55	25.69	30.93	283.34	67.52
Current Portion of Leases	-	34.34	49.67	50.18	47
Current Income Taxes Payable	27.94	7.88	0.28	7.83	0.28
Current Unearned Revenue	10	10.15	5.27	3.86	10.05
Other Current Liabilities	55.62	162.77	49.43	121.13	89.89
Total Current Liabilities	1,067	2,138	2,370	2,859	2,276
Long-Term Debt	24.55	980.62	744.72	66.92	350.08
Long-Term Leases	87.57	109.12	115.46	127.56	147.19
Long-Term Unearned Revenue	43.74	46.69	37.06	45.28	44.82
Pension & Post-Retirement Benefits	-	5.28	4.88	4.73	6.69
Long-Term Deferred Tax Liabilities	17.97	22.1	24.09	18.09	-
Other Long-Term Liabilities	16.48	4.13	88.69	84.86	1.61
Total Liabilities	1,257	3,306	3,385	3,206	2,826
Common Stock	1,396	873.1	873.1	671.62	671.62
Additional Paid-In Capital	6,111	2,908	2,908	2,031	2,031
Retained Earnings	-4,044	-3,526	-3,264	-3,003	-2,202
Treasury Stock	-10.13	-	-	-	-
Comprehensive Income & Other	-108.48	-153.88	-88.38	-89.65	-72.01
Total Common Equity	3,344	100.6	428.01	-389.46	428.53
Minority Interest	4.57	-11.56	-10.53	-9.81	-8.74
Shareholders' Equity	3,348	89.05	417.48	-399.27	419.79
Total Liabilities & Equity	4,606	3,395	3,803	2,807	3,246
Total Debt	669.86	2,686	2,853	2,609	2,345
Net Cash (Debt)	690.21	-2,571	-2,133	-2,534	-2,208
Net Cash Per Share	0.68	-2.94	-3.20	-3.77	-3.29
Filing Date Shares Outstanding	1,440	873.1	873.1	671.62	671.62
Total Common Shares Outstanding	1,440	873.1	873.1	671.62	671.62
Working Capital	1,673	-858.27	-663.43	-2,089	-1,462
Book Value Per Share	2.32	0.12	0.49	-0.58	0.64
Tangible Book Value	2,876	-567.69	-300.53	-1,136	-624.16
Tangible Book Value Per Share	2.00	-0.65	-0.34	-1.69	-0.93
Buildings	-	830.94	834.03	824.46	811.86
Machinery	-	964.19	903.07	735.1	683.19
Construction In Progress	-	105.56	53.91	125.41	108.96

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