SHE:000812 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	244.59	491.42	215.19	214.71	257.31	453.22
Cash & Short-Term Investments	244.59	491.42	215.19	214.71	257.31	453.22
Cash Growth	-1.21%	128.36%	0.22%	-16.56%	-43.23%	76.64%
Accounts Receivable	316.75	286.78	212.08	234.27	206.72	205.88
Other Receivables	48.71	48.46	64.96	74.47	66.91	57.77
Receivables	365.47	335.23	277.04	308.74	273.63	263.66
Inventory	280.99	240.1	273.22	286.04	375.66	442.14
Prepaid Expenses	-	-	0.06	0.05	0.69	0.62
Other Current Assets	46.87	45.04	39.57	30.31	40.28	53.1
Total Current Assets	937.93	1,112	805.09	839.85	947.57	1,213
Property, Plant & Equipment	3,090	3,120	2,989	2,218	1,615	1,298
Long-Term Investments	258.73	258.8	271.72	281.72	283.61	281.77
Goodwill	192.23	192.23	364.37	364.37	380.96	381.71
Other Intangible Assets	224.4	226.56	236.53	135.38	141.11	153.57
Long-Term Deferred Tax Assets	5.24	5.16	6.21	11.66	13.18	7.31
Long-Term Deferred Charges	80.38	84.76	73.73	83.49	159.45	32.08
Other Long-Term Assets	430.76	391.25	213.85	381.91	339.96	227.3
Total Assets	5,219	5,390	5,143	4,499	4,063	3,748
Accounts Payable	801.17	784.83	792.34	466.11	454.59	527.67
Accrued Expenses	79.54	86.16	149.7	150.89	133.06	115.91
Short-Term Debt	936.17	956.31	624.15	671.74	660	519.38
Current Portion of Long-Term Debt	535.85	565.98	80.86	291.55	228.7	148.7
Current Portion of Leases	-	-	323.95	12.94	22.29	22.95
Current Income Taxes Payable	27.6	29.64	9.7	6.31	7.71	9.38
Current Unearned Revenue	185.16	295.53	317.95	318.16	272.7	233.49
Other Current Liabilities	208.63	205.55	179.92	162.72	125.57	101.17
Total Current Liabilities	2,774	2,924	2,479	2,080	1,905	1,679
Long-Term Debt	260.75	241.71	136.84	242.6	265.69	254.32
Long-Term Leases	204	203.94	582.04	256.03	22.6	37.23
Long-Term Unearned Revenue	36.82	37.85	35.58	28.62	22.65	15.75
Long-Term Deferred Tax Liabilities	42.11	42.19	48.33	51.66	54.58	48.03
Other Long-Term Liabilities	353.01	333.66	-	-	-	-
Total Liabilities	3,671	3,783	3,281	2,659	2,270	2,034
Common Stock	768.69	768.69	768.69	768.69	768.69	768.69
Additional Paid-In Capital	192.69	192.69	192.69	192.69	192.69	193.2
Retained Earnings	424.15	414.62	663.51	636.87	597.11	531.18
Comprehensive Income & Other	175.99	175.99	182.65	191.29	190.28	173.97
Total Common Equity	1,492	1,552	1,808	1,790	1,749	1,667
Minority Interest	56.1	54.74	53.74	50.1	44.24	47.06
Shareholders' Equity	1,549	1,607	1,861	1,840	1,793	1,714
Total Liabilities & Equity	5,219	5,390	5,143	4,499	4,063	3,748
Total Debt	1,937	1,968	1,748	1,475	1,199	982.59
Net Cash (Debt)	-1,692	-1,477	-1,533	-1,260	-941.97	-529.38
Net Cash Per Share	-2.20	-1.92	-2.00	-1.64	-1.23	-0.69
Filing Date Shares Outstanding	768.52	774.95	768.69	768.69	768.69	768.69
Total Common Shares Outstanding	768.52	774.95	768.69	768.69	768.69	768.69
Working Capital	-1,836	-1,812	-1,673	-1,241	-957.05	-465.91
Book Value Per Share	1.94	2.00	2.35	2.33	2.27	2.17
Tangible Book Value	1,076	1,133	1,207	1,290	1,227	1,132
Tangible Book Value Per Share	1.40	1.46	1.57	1.68	1.60	1.47
Buildings	-	-	2,047	1,444	1,168	815.26
Machinery	-	-	1,078	922.95	848.96	841.36
Construction In Progress	-	-	476.49	270.95	166.58	194.96

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