SHE:000697 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	1,251	1,360	113.43	719.5	75.78	137.59
Short-Term Investments	-	1.58	1.32	0.61	-	-
Cash & Short-Term Investments	1,251	1,362	114.75	720.11	75.78	137.59
Cash Growth	1197.15%	1086.60%	-84.06%	850.26%	-44.92%	-4.56%
Accounts Receivable	680.4	612.27	521.38	442.58	271.66	269.51
Other Receivables	23.03	22.91	34.63	19.9	16.54	20.42
Receivables	703.42	635.18	556.01	462.48	288.2	289.93
Inventory	661.63	636.9	531.91	472.1	372.52	286.56
Other Current Assets	87.91	105.68	76.87	52.02	33.33	99.12
Total Current Assets	2,704	2,739	1,280	1,707	769.83	813.2
Property, Plant & Equipment	1,205	1,235	1,205	1,175	1,131	1,143
Long-Term Investments	32.88	33.52	36.36	37.53	37.9	114.9
Goodwill	354.14	355.28	556.36	592.09	593.43	860.54
Other Intangible Assets	109.89	112.83	111.93	136.45	153.15	192.15
Long-Term Deferred Tax Assets	73.42	74.53	130.74	102.95	72.26	77.99
Long-Term Deferred Charges	43.41	45.82	36.37	40.2	35.6	35.27
Other Long-Term Assets	14.79	8.83	38.35	11.1	14.03	9.22
Total Assets	4,538	4,606	3,395	3,803	2,807	3,246
Accounts Payable	301.92	331.75	259.5	226.96	224.45	196.59
Accrued Expenses	80.33	106.51	101.67	95.32	86.79	130.86
Short-Term Debt	469.47	510.19	1,536	1,912	2,081	1,733
Current Portion of Long-Term Debt	40.08	16.05	25.69	30.93	283.34	67.52
Current Portion of Leases	-	31.5	34.34	49.67	50.18	47
Current Income Taxes Payable	24.96	0.02	7.88	0.28	7.83	0.28
Current Unearned Revenue	11.34	11.62	10.15	5.27	3.86	10.05
Other Current Liabilities	63.54	59.24	162.77	49.43	121.13	89.89
Total Current Liabilities	991.64	1,067	2,138	2,370	2,859	2,276
Long-Term Debt	19.62	24.55	980.62	744.72	66.92	350.08
Long-Term Leases	76.65	87.57	109.12	115.46	127.56	147.19
Long-Term Unearned Revenue	42.23	44.57	46.69	37.06	45.28	44.82
Pension & Post-Retirement Benefits	-	6.5	5.28	4.88	4.73	6.69
Long-Term Deferred Tax Liabilities	17.36	17.97	22.1	24.09	18.09	-
Other Long-Term Liabilities	16.19	9.15	4.13	88.69	84.86	1.61
Total Liabilities	1,164	1,257	3,306	3,385	3,206	2,826
Common Stock	1,396	1,396	873.1	873.1	671.62	671.62
Additional Paid-In Capital	6,111	6,111	2,908	2,908	2,031	2,031
Retained Earnings	-4,043	-4,044	-3,526	-3,264	-3,003	-2,202
Treasury Stock	-10.13	-10.13	-	-	-	-
Comprehensive Income & Other	-83.49	-108.48	-153.88	-88.38	-89.65	-72.01
Total Common Equity	3,370	3,344	100.6	428.01	-389.46	428.53
Minority Interest	4.13	4.57	-11.56	-10.53	-9.81	-8.74
Shareholders' Equity	3,374	3,348	89.05	417.48	-399.27	419.79
Total Liabilities & Equity	4,538	4,606	3,395	3,803	2,807	3,246
Total Debt	605.82	669.86	2,686	2,853	2,609	2,345
Net Cash (Debt)	645.03	691.79	-2,571	-2,133	-2,534	-2,208
Net Cash Per Share	0.57	0.68	-2.94	-3.20	-3.77	-3.29
Filing Date Shares Outstanding	1,355	1,386	873.1	873.1	671.62	671.62
Total Common Shares Outstanding	1,355	1,386	873.1	873.1	671.62	671.62
Working Capital	1,712	1,673	-858.27	-663.43	-2,089	-1,462
Book Value Per Share	2.49	2.41	0.12	0.49	-0.58	0.64
Tangible Book Value	2,906	2,876	-567.69	-300.53	-1,136	-624.16
Tangible Book Value Per Share	2.15	2.07	-0.65	-0.34	-1.69	-0.93
Buildings	-	843.32	830.94	834.03	824.46	811.86
Machinery	-	1,098	964.19	903.07	735.1	683.19
Construction In Progress	-	94.3	105.56	53.91	125.41	108.96

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