SHE:000716 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	279.44	228.53	230.74	149.4	231.2	334.79
Cash & Short-Term Investments	279.44	228.53	230.74	149.4	231.2	334.79
Cash Growth	61.14%	-0.95%	54.44%	-35.38%	-30.94%	55.73%
Accounts Receivable	306.52	297.92	386.31	443.58	526.85	669.51
Other Receivables	226.26	240.3	269.1	201.07	190.11	126.21
Receivables	532.78	538.22	655.41	644.64	716.96	795.71
Inventory	379.12	453.63	452.49	427.53	503.83	459.93
Prepaid Expenses	-	-	18.89	19.07	25.65	53.31
Other Current Assets	236.16	226.55	149.35	235.33	259.52	474.07
Total Current Assets	1,427	1,447	1,507	1,476	1,737	2,118
Property, Plant & Equipment	1,530	1,550	1,600	1,481	1,529	1,297
Long-Term Investments	302.28	301.92	358.28	363.82	371.5	473.29
Goodwill	329.26	329.26	337.8	348.32	347.56	536.69
Other Intangible Assets	428.88	432.15	335.5	342.89	279.48	289.92
Long-Term Deferred Tax Assets	98.26	94.59	59.07	56.38	59.11	66.95
Long-Term Deferred Charges	23.33	23.96	25.16	5	3.85	5.08
Other Long-Term Assets	396.76	411.18	385.56	372.16	356.96	310.31
Total Assets	4,537	4,590	4,608	4,446	4,685	5,097
Accounts Payable	196.21	198.84	233.25	238.97	310.13	316.74
Accrued Expenses	27.28	30.91	49.17	61.95	112.91	152.46
Short-Term Debt	758.21	772.88	767.8	864.49	948.23	1,081
Current Portion of Long-Term Debt	165.15	129.11	219.14	58.96	426.59	59.95
Current Portion of Leases	-	-	1.61	5.32	5.7	3.08
Current Income Taxes Payable	20.96	27.92	22.3	8.18	5.24	11.18
Current Unearned Revenue	31.4	49.24	37.86	30.53	31.77	53.51
Other Current Liabilities	229.41	252.41	214.53	131.23	90.76	199.1
Total Current Liabilities	1,429	1,461	1,546	1,400	1,931	1,877
Long-Term Debt	301.92	335.32	312.61	351.04	175.99	502.05
Long-Term Leases	76.97	78.85	2.46	2.08	5.38	5.11
Long-Term Unearned Revenue	21.52	22.31	29.53	35.18	40.84	45.83
Long-Term Deferred Tax Liabilities	28.8	29.02	5.55	6.7	5.16	2.66
Other Long-Term Liabilities	14.59	16.37	-	-	-	-
Total Liabilities	1,872	1,943	1,896	1,795	2,159	2,433
Common Stock	752.88	752.88	753.49	744	744	744
Additional Paid-In Capital	1,600	1,599	1,596	1,567	1,567	1,567
Retained Earnings	194.69	161.79	247.22	207.16	164.08	304.36
Treasury Stock	-18.02	-18.02	-30.65	-	-	-
Total Common Equity	2,529	2,496	2,566	2,518	2,475	2,616
Minority Interest	135.12	150.94	146.85	132.7	50.78	48.84
Shareholders' Equity	2,664	2,647	2,713	2,651	2,526	2,664
Total Liabilities & Equity	4,537	4,590	4,608	4,446	4,685	5,097
Total Debt	1,302	1,316	1,304	1,282	1,562	1,651
Net Cash (Debt)	-1,023	-1,088	-1,073	-1,132	-1,331	-1,317
Net Cash Per Share	-1.38	-1.45	-1.44	-1.52	-1.79	-1.77
Filing Date Shares Outstanding	747.71	687.62	753.49	744	744	744
Total Common Shares Outstanding	747.71	687.62	753.49	744	744	744
Working Capital	-1.12	-14.38	-38.79	76.36	-194.17	240.6
Book Value Per Share	3.38	3.63	3.41	3.38	3.33	3.52
Tangible Book Value	1,771	1,734	1,893	1,827	1,848	1,789
Tangible Book Value Per Share	2.37	2.52	2.51	2.46	2.48	2.40
Buildings	-	-	1,466	1,345	1,333	1,059
Machinery	-	-	592.26	573.6	584.97	502.61
Construction In Progress	-	-	222.5	159.88	132.84	238.48

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