SHE:000720 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	387.03	182.85	236.29	125.37	284.58	285.59
Cash & Short-Term Investments	387.03	182.85	236.29	125.37	284.58	285.59
Cash Growth	-33.03%	-22.61%	88.48%	-55.95%	-0.36%	-63.60%
Accounts Receivable	844.98	849.41	1,561	1,447	1,626	1,867
Other Receivables	33.5	36.54	81.72	61.19	75.59	42.45
Receivables	878.48	885.95	1,642	1,508	1,702	1,909
Inventory	3,142	3,082	3,331	2,997	2,901	2,533
Other Current Assets	71.05	67.3	20.08	20.62	18.8	21.85
Total Current Assets	4,479	4,218	5,230	4,651	4,906	4,750
Property, Plant & Equipment	67.49	67.12	77.8	84.03	94.82	185.23
Long-Term Investments	224.86	224.86	198.02	281.13	272.02	265.16
Goodwill	-	-	1.15	1.15	1.15	1.15
Other Intangible Assets	6.31	6.96	9.46	12.18	14.89	16.98
Long-Term Deferred Tax Assets	12.64	11.94	3.46	6.59	15.12	2.7
Long-Term Deferred Charges	-	-	-	0.27	4.18	2.43
Other Long-Term Assets	191.03	193.43	239.78	250.98	276.9	288.7
Total Assets	4,981	4,722	5,760	5,287	5,585	5,513
Accounts Payable	662.46	586.28	667.48	540.19	722.17	516.03
Accrued Expenses	6.46	6.42	13.5	13.79	18.06	49.21
Short-Term Debt	1,130	1,151	1,788	1,560	1,814	1,652
Current Portion of Long-Term Debt	192.07	135.02	138.52	40.69	70.39	135.47
Current Portion of Leases	-	-	5.08	14.51	14.46	12.44
Current Income Taxes Payable	7.45	10.18	2.23	0.09	-	6.41
Current Unearned Revenue	4.18	4.64	13.72	15.44	17.32	14.95
Other Current Liabilities	280.35	39.38	57.13	34.1	37.05	34.46
Total Current Liabilities	2,283	1,932	2,686	2,219	2,694	2,421
Long-Term Debt	748.19	814.26	606.55	476.16	198.04	200
Long-Term Leases	5.71	2.5	2.46	0.08	30.45	103.57
Long-Term Deferred Tax Liabilities	2.98	2.11	3.94	4.94	10.46	2.49
Other Long-Term Liabilities	-	-	-	-	-	0.5
Total Liabilities	3,040	2,751	3,299	2,700	2,932	2,728
Common Stock	1,257	1,257	1,257	1,257	1,290	1,290
Additional Paid-In Capital	556.23	556.23	556.23	556.23	685.71	685.71
Retained Earnings	64.87	87.14	546.12	678.41	744.3	875.05
Treasury Stock	-	-	-	-	-162.6	-162.6
Comprehensive Income & Other	3.53	3.06	1.58	-	0.07	-
Total Common Equity	1,881	1,903	2,360	2,491	2,557	2,688
Minority Interest	59.81	67.75	100.34	96.02	95.33	97.04
Shareholders' Equity	1,941	1,971	2,461	2,587	2,652	2,785
Total Liabilities & Equity	4,981	4,722	5,760	5,287	5,585	5,513
Total Debt	2,076	2,102	2,541	2,092	2,127	2,104
Net Cash (Debt)	-1,689	-1,919	-2,305	-1,966	-1,843	-1,818
Net Cash Per Share	-1.34	-1.53	-1.83	-1.56	-1.47	-1.45
Filing Date Shares Outstanding	1,258	1,306	1,257	1,257	1,257	1,257
Total Common Shares Outstanding	1,258	1,306	1,257	1,257	1,257	1,257
Working Capital	2,196	2,285	2,544	2,432	2,212	2,329
Book Value Per Share	1.50	1.46	1.88	1.98	2.04	2.14
Tangible Book Value	1,875	1,896	2,350	2,478	2,541	2,670
Tangible Book Value Per Share	1.49	1.45	1.87	1.97	2.02	2.12
Buildings	-	-	74.87	74.67	54.53	53.82
Machinery	-	-	144.54	140.51	137.55	145.34

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