SHE:000833 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	878.2	518.19	1,007	1,489	1,432	1,016
Trading Asset Securities	-	-	-	45.45	45.27	220.77
Cash & Short-Term Investments	878.2	518.19	1,007	1,534	1,477	1,237
Cash Growth	-6.74%	-48.54%	-34.36%	3.84%	19.47%	-8.65%
Accounts Receivable	581.56	393.97	142.29	176.95	217.86	334.14
Other Receivables	13.98	25.54	15.08	47.61	7.09	96.2
Receivables	595.54	419.52	157.38	224.56	224.96	430.34
Inventory	1,191	569.89	620.42	602.68	708.75	741.87
Prepaid Expenses	-	2.38	0	1.14	8.64	3.85
Other Current Assets	231.39	133.87	52.8	30.91	51.64	67.99
Total Current Assets	2,896	1,644	1,838	2,393	2,471	2,481
Property, Plant & Equipment	2,801	2,697	1,886	1,759	1,701	1,445
Long-Term Investments	67.8	67.8	56.57	66.06	75.97	47.64
Other Intangible Assets	1,633	1,644	1,420	809.52	770.33	834.96
Long-Term Deferred Tax Assets	30.27	30.41	22.59	21.15	18.1	25.06
Long-Term Deferred Charges	50.44	44.7	12.53	1.59	1.67	3.03
Other Long-Term Assets	393.03	409.41	522.81	393.9	380.59	348.93
Total Assets	7,872	6,537	5,758	5,445	5,419	5,185
Accounts Payable	385.87	319.33	148.52	359.58	609.61	518.43
Accrued Expenses	55	85.19	82.01	57.47	63.78	58.67
Short-Term Debt	1,411	800.71	887.49	1,091	958.95	1,066
Current Portion of Long-Term Debt	7.63	-	-	-	-	-
Current Portion of Leases	-	7.55	5.89	5.33	1.34	-
Current Income Taxes Payable	73.67	25.06	14.73	12.86	0.04	3.79
Current Unearned Revenue	265.75	99.78	44.52	29.25	40.49	34.52
Other Current Liabilities	165.22	100.25	45.82	32.86	88.16	88.08
Total Current Liabilities	2,364	1,438	1,229	1,589	1,762	1,769
Long-Term Debt	919.92	730.44	559.51	300.14	199.91	150.39
Long-Term Leases	9.3	11.35	16.96	19.9	8.16	10.76
Long-Term Unearned Revenue	75.35	75.78	51.11	29.41	30.53	28.29
Pension & Post-Retirement Benefits	-	0.12	0.16	0.21	0.27	0.34
Long-Term Deferred Tax Liabilities	4.08	4.15	4.19	4.51	1.26	1.49
Other Long-Term Liabilities	77.8	77.59	79.2	81.18	85.51	103.69
Total Liabilities	3,450	2,337	1,940	2,024	2,088	2,064
Common Stock	802.08	802.08	802.08	668.4	668.4	668.4
Additional Paid-In Capital	1,364	1,364	1,364	1,364	1,386	1,386
Retained Earnings	1,990	1,774	1,392	1,285	1,258	1,054
Comprehensive Income & Other	-0.46	-2	-3.31	-4.13	-3.21	-4.5
Total Common Equity	4,156	3,938	3,555	3,314	3,309	3,104
Minority Interest	265.83	261.6	263.11	107.04	21.47	17.59
Shareholders' Equity	4,421	4,200	3,818	3,421	3,331	3,121
Total Liabilities & Equity	7,872	6,537	5,758	5,445	5,419	5,185
Total Debt	2,348	1,550	1,470	1,417	1,168	1,227
Net Cash (Debt)	-1,469	-1,032	-462.94	117.24	308.86	9.73
Net Cash Growth	-	-	-	-62.04%	3073.89%	-98.26%
Net Cash Per Share	-1.83	-1.29	-0.58	0.15	0.39	0.01
Filing Date Shares Outstanding	802.08	802.08	802.08	802.08	802.08	802.08
Total Common Shares Outstanding	802.08	802.08	802.08	802.08	802.08	802.08
Working Capital	532.07	205.98	608.54	804.54	708.84	711.41
Book Value Per Share	5.18	4.91	4.43	4.13	4.13	3.87
Tangible Book Value	2,522	2,294	2,135	2,504	2,539	2,269
Tangible Book Value Per Share	3.14	2.86	2.66	3.12	3.17	2.83
Buildings	-	1,208	981.62	983.41	938.79	619.4
Machinery	-	1,915	1,799	1,679	1,610	1,232
Construction In Progress	911.16	779.1	204.24	76.85	30.97	399.95

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