SHE:000711 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	55.69	75.63	17.34	476.67	110.86	98.58
Trading Asset Securities	-	-	-	-	27.32	26.64
Cash & Short-Term Investments	55.69	75.63	17.34	476.67	138.18	125.22
Cash Growth	537.75%	336.23%	-96.36%	244.98%	10.35%	-61.04%
Accounts Receivable	381.23	388.31	497.36	659.71	3,498	4,056
Other Receivables	113.66	76.78	142.76	79.69	450.77	551.59
Receivables	494.9	465.09	640.12	739.4	3,949	4,607
Inventory	230.82	203.06	114.29	4.36	680.33	746.54
Prepaid Expenses	-	-	0.31	1.63	2.72	2.18
Other Current Assets	216.26	153.38	80.67	2.23	43.7	87.92
Total Current Assets	997.67	897.16	852.72	1,224	4,814	5,569
Property, Plant & Equipment	189.79	192.61	186.93	48.65	341.3	423.26
Long-Term Investments	5.62	6.19	6.64	32.34	1,655	1,668
Goodwill	150.24	150.24	179.03	-	177.06	589.1
Other Intangible Assets	24.31	24.73	26.65	5.89	359.61	368.12
Long-Term Accounts Receivable	-	-	-	-	62.47	88.33
Long-Term Deferred Tax Assets	1.65	2.05	2.13	1.74	42.91	9.74
Long-Term Deferred Charges	2.72	2.36	2.5	2.54	13.17	11.68
Other Long-Term Assets	8.14	-	-	-	8.44	9.03
Total Assets	1,380	1,275	1,257	1,315	7,474	8,737
Accounts Payable	253.28	267.21	250.97	402.55	1,885	2,013
Accrued Expenses	8.72	14.96	15.23	13.81	995.08	646.32
Short-Term Debt	84	74.04	-	-	1,338	1,598
Current Portion of Long-Term Debt	19.27	27.29	-	-	487.46	286.25
Current Portion of Leases	-	-	5.03	3.99	6.6	4.96
Current Income Taxes Payable	1.11	4.85	1.05	-	41.32	43.04
Current Unearned Revenue	129.58	76.01	12.64	4.81	663.5	660.64
Other Current Liabilities	68.11	70.14	138.31	84.34	2,082	1,738
Total Current Liabilities	564.07	534.5	423.23	509.5	7,499	6,991
Long-Term Debt	16.5	17	-	-	458.01	690.71
Long-Term Leases	2.56	3.37	5.55	4.33	52.46	46.63
Long-Term Unearned Revenue	2.9	2.9	4.33	6.76	12.49	11.24
Long-Term Deferred Tax Liabilities	7.2	7.78	9.77	5.05	26.62	33.45
Other Long-Term Liabilities	102.33	104.25	92.62	-	58	58
Total Liabilities	695.56	669.79	535.5	525.64	8,107	7,831
Common Stock	2,953	2,917	2,857	2,857	1,024	1,024
Additional Paid-In Capital	3,008	2,975	2,905	2,831	4,169	4,168
Retained Earnings	-5,178	-5,187	-4,976	-4,866	-5,851	-4,446
Comprehensive Income & Other	-121	-121	-120.57	-94.5	-89.67	-74.1
Total Common Equity	662.14	584.31	664.85	727.26	-748.11	671.44
Minority Interest	22.42	21.24	56.25	62.55	115.22	234.33
Shareholders' Equity	684.57	605.55	721.1	789.81	-632.89	905.77
Total Liabilities & Equity	1,380	1,275	1,257	1,315	7,474	8,737
Total Debt	122.34	121.7	10.59	8.33	2,343	2,627
Net Cash (Debt)	-66.65	-46.07	6.75	468.34	-2,204	-2,501
Net Cash Growth	-	-	-98.56%	-	-	-
Net Cash Per Share	-0.02	-0.02	0.00	0.16	-2.16	-2.44
Filing Date Shares Outstanding	2,906	2,882	2,857	2,857	1,024	1,024
Total Common Shares Outstanding	2,906	2,882	2,857	2,857	1,024	1,024
Working Capital	433.6	362.66	429.49	714.8	-2,685	-1,422
Book Value Per Share	0.23	0.20	0.23	0.25	-0.73	0.66
Tangible Book Value	487.6	409.35	459.16	721.37	-1,285	-285.77
Tangible Book Value Per Share	0.17	0.14	0.16	0.25	-1.26	-0.28
Buildings	-	-	93.72	-	303.74	303.74
Machinery	-	-	193.03	134.7	307.91	355.67
Construction In Progress	-	-	29.17	-	3.66	10.36

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