SHE:000825 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	5,677	4,824	8,145	8,358	11,069	9,324
Cash & Short-Term Investments	5,677	4,824	8,145	8,358	11,069	9,324
Cash Growth	-35.34%	-40.77%	-2.55%	-24.50%	18.72%	-2.07%
Accounts Receivable	2,924	2,929	2,199	2,611	2,206	1,558
Other Receivables	15.4	27.03	35.91	136.63	56.72	146.92
Receivables	2,940	2,956	2,235	2,748	2,263	1,705
Inventory	9,335	8,442	9,645	8,437	9,764	10,008
Prepaid Expenses	-	1.92	4.66	-	-	-
Other Current Assets	143.31	141.9	543.64	362.31	662.7	414.77
Total Current Assets	18,096	16,366	20,574	19,905	23,759	21,452
Property, Plant & Equipment	39,096	39,557	41,177	42,290	43,932	41,340
Long-Term Investments	3,240	3,203	2,790	2,738	2,703	2,708
Other Intangible Assets	2,172	2,189	2,226	2,183	756.6	519.04
Long-Term Deferred Tax Assets	357.84	357.84	368.53	355.5	355.33	360.02
Long-Term Deferred Charges	1.43	1.47	1.61	1.75	1.89	2.03
Other Long-Term Assets	365.61	357.12	395.52	766.58	1,351	1,218
Total Assets	63,328	62,032	67,533	68,239	72,859	67,599
Accounts Payable	17,323	17,302	18,516	16,592	16,120	14,447
Accrued Expenses	72.87	298.73	435.19	385.66	512.99	453.95
Short-Term Debt	4,126	1,530	59.01	299.74	1,760	5,264
Current Portion of Long-Term Debt	1,549	3,348	5,309	376.39	1,590	3,160
Current Portion of Leases	-	158.39	160.72	151.4	157.05	140.08
Current Income Taxes Payable	91.79	11.78	12.31	11.21	9.05	15.96
Current Unearned Revenue	2,850	2,388	2,553	3,464	4,197	4,127
Other Current Liabilities	1,378	1,104	1,001	1,431	1,245	1,263
Total Current Liabilities	27,390	26,140	28,046	22,712	25,591	28,871
Long-Term Debt	492.62	494.26	4,104	8,934	8,970	2,807
Long-Term Leases	326.84	325	422.63	565.46	644.06	-
Long-Term Unearned Revenue	12.33	11.99	28.69	26.54	152.84	144.2
Long-Term Deferred Tax Liabilities	2.39	2.4	3.61	2.82	7.38	3.26
Other Long-Term Liabilities	26.61	26.61	12.78	83.73	145.21	234.09
Total Liabilities	28,251	27,000	32,618	32,325	35,511	32,060
Common Stock	5,696	5,696	5,707	5,719	5,732	5,696
Additional Paid-In Capital	6,525	6,525	6,552	6,589	6,627	6,524
Retained Earnings	20,398	20,378	20,327	21,307	22,691	22,879
Treasury Stock	-	-	-39.36	-82.18	-130.88	-
Comprehensive Income & Other	60.83	57.96	18.83	46.06	-90.54	-27.15
Total Common Equity	32,681	32,658	32,565	33,579	34,828	35,071
Minority Interest	2,397	2,375	2,350	2,335	2,520	468.37
Shareholders' Equity	35,078	35,032	34,915	35,914	37,348	35,540
Total Liabilities & Equity	63,328	62,032	67,533	68,239	72,859	67,599
Total Debt	6,494	5,855	10,056	10,327	13,122	11,371
Net Cash (Debt)	-816.85	-1,031	-1,911	-1,970	-2,053	-2,046
Net Cash Per Share	-0.15	-0.18	-0.34	-0.35	-0.35	-0.36
Filing Date Shares Outstanding	5,696	5,696	5,707	5,719	5,732	5,696
Total Common Shares Outstanding	5,696	5,696	5,707	5,719	5,732	5,696
Working Capital	-9,294	-9,774	-7,472	-2,807	-1,832	-7,419
Book Value Per Share	5.74	5.73	5.71	5.87	6.08	6.16
Tangible Book Value	30,508	30,468	30,339	31,396	34,071	34,552
Tangible Book Value Per Share	5.36	5.35	5.32	5.49	5.94	6.07
Buildings	-	23,768	23,220	22,473	21,622	20,845
Machinery	-	81,102	79,343	78,567	76,500	75,387
Construction In Progress	-	1,330	2,194	2,350	4,810	1,980

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