SHE:000782 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	539.03	339.43	594.24	581.74	488.43	445.62
Short-Term Investments	-	-	-	359.63	215.34	0.86
Cash & Short-Term Investments	539.03	339.43	594.24	941.37	703.77	446.49
Cash Growth	-12.09%	-42.88%	-36.88%	33.76%	57.63%	30.12%
Accounts Receivable	555.28	496.2	570.38	633.49	580.5	835.88
Other Receivables	1.47	0.29	-	0	0.12	0.19
Receivables	556.75	496.49	570.38	633.49	580.62	836.07
Inventory	361.67	335.35	380.87	421.93	447.55	437.08
Prepaid Expenses	-	-	0	-	-	-
Other Current Assets	138.22	120.74	112.76	59.66	89.57	87.11
Total Current Assets	1,596	1,292	1,658	2,056	1,822	1,807
Property, Plant & Equipment	1,213	1,019	612.34	658.6	660.31	673.57
Long-Term Investments	272.61	272.71	299.34	305.94	437.1	448.66
Other Intangible Assets	208.15	209.99	217.38	224.74	42.98	42.53
Long-Term Deferred Tax Assets	10.82	10.82	5.42	12.67	14.54	12.15
Long-Term Deferred Charges	4.99	5.32	2.22	-	-	-
Other Long-Term Assets	483.12	504.24	126.23	138.2	171.42	169.96
Total Assets	3,788	3,314	2,921	3,397	3,148	3,154
Accounts Payable	724.49	836.09	709.84	864.51	673.22	915.5
Accrued Expenses	20.24	32.44	73.81	69.11	74.33	79.64
Short-Term Debt	399.56	115.07	147.54	1,018	687.96	297.68
Current Portion of Long-Term Debt	0.83	0.53	8.6	6.01	123.18	42.38
Current Income Taxes Payable	5.49	6.74	-	-	0.87	4.7
Current Unearned Revenue	66.47	40.53	46.05	41.73	43.78	70.48
Other Current Liabilities	44.96	36.07	13.73	13.03	13.66	17.45
Total Current Liabilities	1,262	1,067	999.57	2,013	1,617	1,428
Long-Term Debt	802.47	530.07	68	30	-	123
Long-Term Unearned Revenue	47.66	35.08	6.84	6.84	9.3	11.3
Long-Term Deferred Tax Liabilities	58.85	58.85	70.18	87.32	102.06	105.96
Total Liabilities	2,171	1,691	1,145	2,137	1,728	1,668
Common Stock	686.58	686.58	686.58	528.14	528.14	528.14
Additional Paid-In Capital	1,056	1,056	1,056	627.76	627.76	627.76
Retained Earnings	-120.89	-115.52	37.89	108.13	266.65	337.7
Comprehensive Income & Other	-4.79	-4.4	-3.87	-4.22	-3.05	-8.09
Total Common Equity	1,617	1,623	1,777	1,260	1,420	1,486
Shareholders' Equity	1,617	1,623	1,777	1,260	1,420	1,486
Total Liabilities & Equity	3,788	3,314	2,921	3,397	3,148	3,154
Total Debt	1,203	645.66	224.14	1,054	811.14	463.06
Net Cash (Debt)	-663.84	-306.24	370.09	-112.88	-107.36	-16.57
Net Cash Per Share	-0.95	-0.44	0.53	-0.21	-0.19	-0.03
Filing Date Shares Outstanding	688.51	649.99	686.58	528.14	528.14	528.14
Total Common Shares Outstanding	688.51	649.99	686.58	528.14	528.14	528.14
Working Capital	333.63	224.54	658.68	43.82	204.52	378.91
Book Value Per Share	2.35	2.50	2.59	2.39	2.69	2.81
Tangible Book Value	1,409	1,413	1,559	1,035	1,377	1,443
Tangible Book Value Per Share	2.05	2.17	2.27	1.96	2.61	2.73
Buildings	-	-	534.1	536.77	472.5	472.38
Machinery	-	-	2,157	2,221	2,167	2,162
Construction In Progress	-	-	19.82	6.03	64.18	13.92

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