SHE:000707 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	989.26	1,024	1,452	809.31	702.02	481.37
Cash & Short-Term Investments	989.26	1,024	1,452	809.31	702.02	481.37
Cash Growth	-10.05%	-29.47%	79.37%	15.28%	45.84%	602.55%
Accounts Receivable	103.05	149.37	104.57	294.94	113.68	99.62
Other Receivables	19.45	24.32	62.57	0.82	0.71	0.17
Receivables	122.51	173.69	167.15	295.76	114.44	100
Inventory	78.14	86.32	109.46	62.44	95.52	122.92
Prepaid Expenses	-	5.08	0	-	-	-
Other Current Assets	122.27	76.94	38.57	127.24	19.86	23.89
Total Current Assets	1,312	1,366	1,767	1,295	931.84	728.18
Property, Plant & Equipment	3,441	3,466	3,138	975.81	1,159	1,280
Long-Term Investments	0.3	0.3	0	281.34	290.79	59.5
Other Intangible Assets	454.8	444.16	436.98	394.31	341.28	110.34
Long-Term Deferred Tax Assets	21.97	22.32	23.52	8.59	9.29	8.95
Other Long-Term Assets	9.5	20.06	14.72	58.65	-	-
Total Assets	5,239	5,319	5,380	3,013	2,732	2,187
Accounts Payable	460.97	419.09	244.33	274.59	316.28	316.59
Accrued Expenses	4.17	21.65	21.99	26.82	28.86	22.99
Short-Term Debt	77.04	77.04	87.07	79.06	270.72	254.62
Current Portion of Long-Term Debt	309.34	308.15	141.94	231.44	269.08	294.08
Current Income Taxes Payable	6.75	0	14.53	-	-	-
Current Unearned Revenue	104.67	118.59	96.67	85.42	109.67	167.95
Other Current Liabilities	40.61	38.19	24.15	28.43	27.36	56.32
Total Current Liabilities	1,004	982.72	630.69	725.76	1,022	1,113
Long-Term Debt	1,268	1,350	1,465	182.34	234.6	475.83
Long-Term Unearned Revenue	124	122.45	89.42	2.31	4.66	8.92
Long-Term Deferred Tax Liabilities	27.7	27.7	32.29	2.78	-	-
Other Long-Term Liabilities	0.29	0.29	0.55	0.55	4.37	0.4
Total Liabilities	2,423	2,483	2,218	913.74	1,266	1,598
Common Stock	584.72	584.72	464.15	464.15	464.15	464.15
Additional Paid-In Capital	1,625	1,625	1,391	1,183	1,181	1,177
Retained Earnings	552.63	575.55	748.68	437.02	-179.29	-1,052
Comprehensive Income & Other	3.41	1.02	1.44	15.92	0.4	0.35
Total Common Equity	2,765	2,786	2,605	2,100	1,466	589.27
Minority Interest	50.91	50.18	557	-	-	-
Shareholders' Equity	2,816	2,836	3,162	2,100	1,466	589.27
Total Liabilities & Equity	5,239	5,319	5,380	3,013	2,732	2,187
Total Debt	1,654	1,735	1,694	492.84	774.4	1,025
Net Cash (Debt)	-664.86	-711.04	-242.45	316.47	-72.38	-543.16
Net Cash Per Share	-1.04	-1.38	-0.52	0.68	-0.16	-1.17
Filing Date Shares Outstanding	584.72	584.72	464.15	464.15	464.15	464.15
Total Common Shares Outstanding	584.72	584.72	464.15	464.15	464.15	464.15
Working Capital	308.63	383.17	1,136	568.99	-90.13	-384.36
Book Value Per Share	4.73	4.76	5.61	4.52	3.16	1.27
Tangible Book Value	2,310	2,342	2,168	1,705	1,125	478.94
Tangible Book Value Per Share	3.95	4.00	4.67	3.67	2.42	1.03
Buildings	-	1,288	1,000	626.86	764.98	739.53
Machinery	-	4,992	4,065	2,766	2,776	2,815
Construction In Progress	-	158.8	807.1	20.24	1.73	5.08