SHE:000815 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	189.06	204.58	320.29	263.05	269.57	212.92
Trading Asset Securities	-	-	-	-	195.22	377.85
Cash & Short-Term Investments	189.06	204.58	320.29	263.05	464.79	590.76
Cash Growth	7.74%	-36.13%	21.76%	-43.41%	-21.32%	-8.23%
Accounts Receivable	278.1	254.4	320.92	300.42	361.72	318.08
Other Receivables	4.41	2.15	1.87	1.46	1.03	1.06
Receivables	282.51	256.55	322.79	301.87	362.75	319.14
Inventory	489.71	489.65	528.52	608.43	626.78	657.05
Prepaid Expenses	-	0.19	-	0.3	-	-
Other Current Assets	80	64.28	87.32	98.29	59.44	91.06
Total Current Assets	1,041	1,015	1,259	1,272	1,514	1,658
Property, Plant & Equipment	1,043	1,045	1,139	1,391	1,452	1,296
Long-Term Investments	2.49	2.49	2.59	2.55	-	-
Other Intangible Assets	61.82	62.36	19.76	20.33	20.87	21.4
Long-Term Accounts Receivable	-	-	-	-	-	2.5
Long-Term Deferred Tax Assets	1.79	1.79	1.88	1.77	2.09	1.23
Long-Term Deferred Charges	72.89	75.59	86.38	97.18	107.99	128.57
Other Long-Term Assets	-	1.91	0.99	4.79	-	2.96
Total Assets	2,224	2,204	2,509	2,790	3,097	3,111
Accounts Payable	44.46	22.28	31.96	136.24	385.4	289.6
Accrued Expenses	24.44	27	230.49	79.26	78.84	65.99
Short-Term Debt	120	150	325	295	318.6	262
Current Portion of Long-Term Debt	20.37	18.04	15	26	59.51	46.04
Current Portion of Leases	-	4.85	6.62	9.45	7.99	12.14
Current Income Taxes Payable	9.99	8.59	6.91	2.92	6.77	6.17
Current Unearned Revenue	-	-	1.24	7.81	2.88	7.4
Other Current Liabilities	97.85	89.37	115.14	130.56	91.38	24.43
Total Current Liabilities	317.12	320.12	732.37	687.24	951.38	713.74
Long-Term Debt	156.96	156.96	205	-	26	38
Long-Term Leases	-	-	4.53	10.95	10.65	18.64
Long-Term Unearned Revenue	190.57	190.6	192.55	193.38	192.1	192.73
Other Long-Term Liabilities	115.3	115.3	23.18	-	-	-
Total Liabilities	779.95	782.99	1,158	891.57	1,180	963.11
Common Stock	695.26	695.26	695.26	695.26	695.26	695.26
Additional Paid-In Capital	569.79	569.79	1,958	1,958	1,958	1,958
Retained Earnings	141.18	118.98	-1,336	-787.68	-769.91	-537.54
Comprehensive Income & Other	0.69	0.62	0.62	0.09	-	-
Total Common Equity	1,407	1,385	1,318	1,866	1,884	2,116
Minority Interest	36.88	36.29	33.42	32.09	32.81	31.93
Shareholders' Equity	1,444	1,421	1,351	1,898	1,916	2,148
Total Liabilities & Equity	2,224	2,204	2,509	2,790	3,097	3,111
Total Debt	297.33	329.85	556.15	341.4	422.75	376.81
Net Cash (Debt)	-108.27	-125.27	-235.86	-78.36	42.05	213.95
Net Cash Growth	-	-	-	-	-80.35%	-11.01%
Net Cash Per Share	-0.15	-0.19	-0.34	-0.13	0.06	0.25
Filing Date Shares Outstanding	695.26	695.26	695.26	695.26	695.26	695.26
Total Common Shares Outstanding	695.26	695.26	695.26	695.26	695.26	695.26
Working Capital	724.17	695.13	526.56	584.7	562.39	944.27
Book Value Per Share	2.02	1.99	1.90	2.68	2.71	3.04
Tangible Book Value	1,345	1,322	1,298	1,846	1,863	2,095
Tangible Book Value Per Share	1.93	1.90	1.87	2.65	2.68	3.01
Buildings	-	436.56	602.91	727.63	724.64	645.14
Machinery	-	880.13	1,139	1,218	1,257	880.31
Construction In Progress	-	177.41	179.39	167.1	269.63	300.21

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