SHE:000717 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	1,084	865.11	661.82	1,026	717.34	2,636
Short-Term Investments	763.93	976.45	601.17	243.36	518.99	-
Trading Asset Securities	-	-	15.63	4.32	-	-
Cash & Short-Term Investments	1,848	1,842	1,279	1,274	1,236	2,636
Cash Growth	34.63%	44.03%	0.38%	3.03%	-53.10%	59.52%
Accounts Receivable	383.88	180.73	137.65	156.34	620.45	285.91
Other Receivables	-	-	11.04	200.33	41.32	0.92
Receivables	383.88	180.73	148.69	356.67	661.77	286.82
Inventory	1,549	1,360	1,691	2,226	2,064	2,463
Other Current Assets	492.26	465.89	620.2	783.67	671.19	289.61
Total Current Assets	4,273	3,848	3,738	4,641	4,633	5,676
Property, Plant & Equipment	11,572	11,720	13,250	13,511	13,086	12,617
Long-Term Investments	943.28	2,155	2,586	2,436	1,756	1,808
Other Intangible Assets	243.5	245.16	281.02	306.39	331.22	303.54
Long-Term Deferred Tax Assets	337.42	337.15	336.86	333.75	251.95	11.89
Long-Term Deferred Charges	7.92	9.5	15.83	-	-	-
Other Long-Term Assets	1,505	126.63	123.05	74.43	156.34	178.91
Total Assets	18,882	18,442	20,331	21,303	20,215	20,595
Accounts Payable	7,896	7,828	8,054	7,965	7,052	5,057
Accrued Expenses	72.33	133.96	63.41	62.68	60.89	46.3
Short-Term Debt	650.59	200.3	413.14	570.53	580.51	1,441
Current Portion of Long-Term Debt	650.2	815.57	981.16	-	-	-
Current Portion of Leases	-	29.75	30.06	32.76	36.56	34.52
Current Income Taxes Payable	23.63	2.2	3.88	-	-	-
Current Unearned Revenue	731.61	510.24	685.05	873.25	978.36	1,070
Other Current Liabilities	243.09	256.7	186.48	194.63	199.37	411.88
Total Current Liabilities	10,267	9,776	10,417	9,698	8,907	8,061
Long-Term Debt	1,221	1,233	1,260	1,833	1,496	1,011
Long-Term Leases	280.74	254.8	273.36	301.59	337.39	354.45
Long-Term Unearned Revenue	367.86	373.58	359.96	247.83	202.43	191.15
Long-Term Deferred Tax Liabilities	38.24	39.21	42.92	46.2	-	-
Other Long-Term Liabilities	17.85	17.85	68.01	62.21	46.08	23.56
Total Liabilities	12,192	11,694	12,422	12,189	10,990	9,641
Common Stock	2,424	2,424	2,424	2,424	2,424	2,420
Additional Paid-In Capital	3,118	3,118	3,116	3,116	3,205	3,182
Retained Earnings	1,168	1,225	2,379	3,583	3,606	5,364
Comprehensive Income & Other	-19.51	-19.21	-10.29	-9.37	-10	-10.75
Shareholders' Equity	6,689	6,747	7,908	9,113	9,225	10,954
Total Liabilities & Equity	18,882	18,442	20,331	21,303	20,215	20,595
Total Debt	2,802	2,533	2,958	2,738	2,451	2,841
Net Cash (Debt)	-954.38	-691.65	-1,680	-1,464	-1,215	-204.39
Net Cash Per Share	-0.39	-0.29	-0.69	-0.60	-0.50	-0.08
Filing Date Shares Outstanding	2,424	2,424	2,424	2,424	2,424	2,420
Total Common Shares Outstanding	2,424	2,424	2,424	2,424	2,424	2,420
Working Capital	-5,994	-5,928	-6,679	-5,058	-4,274	-2,385
Book Value Per Share	2.76	2.78	3.26	3.76	3.81	4.53
Tangible Book Value	6,446	6,502	7,627	8,807	8,894	10,651
Tangible Book Value Per Share	2.66	2.68	3.15	3.63	3.67	4.40
Buildings	-	8,707	8,938	8,591	8,229	7,434
Machinery	-	17,982	18,554	17,944	16,909	15,923
Construction In Progress	-	165.81	419.1	654.9	664.83	1,910