SHE:000856 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	98.2	185.27	226.32	343.87	259.71	255.01
Cash & Short-Term Investments	98.2	185.27	226.32	343.87	259.71	255.01
Cash Growth	-20.27%	-18.14%	-34.19%	32.41%	1.84%	-23.16%
Accounts Receivable	1,351	1,258	1,312	1,063	1,037	1,128
Other Receivables	40.66	30.92	31.62	30.02	20.62	26.96
Receivables	1,391	1,289	1,343	1,093	1,058	1,155
Inventory	264.37	242.05	230.96	229.22	227.08	114.04
Prepaid Expenses	-	13.97	17.79	14.29	0.05	0.19
Other Current Assets	100.52	114.63	71.03	102.62	315.3	146.14
Total Current Assets	1,854	1,845	1,890	1,783	1,860	1,670
Property, Plant & Equipment	215.35	214.56	228.36	230.24	235.59	227.95
Long-Term Investments	24.93	24.93	39.81	28.5	37.24	17.45
Other Intangible Assets	14.51	14.76	14.79	15.5	16.03	16.89
Long-Term Deferred Tax Assets	44.45	40.3	35.54	37.44	42.18	47.41
Long-Term Deferred Charges	23.15	23.77	28.73	30.45	0.97	1.36
Total Assets	2,177	2,163	2,237	2,126	2,192	1,981
Accounts Payable	1,398	1,367	1,447	1,219	1,067	989.41
Accrued Expenses	4.41	20.14	18.61	13.86	18.63	31.18
Short-Term Debt	153.52	163.52	148.32	198.2	178.44	283.17
Current Portion of Leases	5.47	1.1	0.93	0.52	0.24	0.23
Current Income Taxes Payable	2.58	3.52	0.68	1.06	6.86	9.09
Current Unearned Revenue	86.93	78.01	94.41	153.64	371.33	178.96
Other Current Liabilities	82.58	73.4	73.47	89.46	123.95	74.44
Total Current Liabilities	1,733	1,706	1,783	1,676	1,766	1,566
Long-Term Leases	0.57	0.57	0.18	0.33	-	0.24
Long-Term Unearned Revenue	1.04	1.12	5.45	5.78	6.11	7.11
Long-Term Deferred Tax Liabilities	0.33	0.35	0.39	0.72	0.94	-
Total Liabilities	1,735	1,708	1,789	1,683	1,774	1,574
Common Stock	227	227	227	227	227	227
Additional Paid-In Capital	157.6	158.66	358.66	358.66	358.66	358.66
Retained Earnings	63.37	77.13	-148.98	-170.84	-201.51	-215.24
Comprehensive Income & Other	-29.63	-30.41	-17.05	-5.14	1.6	4.99
Total Common Equity	418.34	432.38	419.63	409.68	385.75	375.41
Minority Interest	23.29	22.57	28.18	33.33	32.54	31.75
Shareholders' Equity	441.63	454.95	447.81	443.01	418.29	407.16
Total Liabilities & Equity	2,177	2,163	2,237	2,126	2,192	1,981
Total Debt	159.56	165.19	149.43	199.05	178.69	283.63
Net Cash (Debt)	-61.36	20.08	76.9	144.82	81.02	-28.62
Net Cash Growth	-	-73.89%	-46.90%	78.74%	-	-
Net Cash Per Share	-0.27	0.09	0.34	0.64	0.36	-0.13
Filing Date Shares Outstanding	227	227	227	227	227	227
Total Common Shares Outstanding	227	227	227	227	227	227
Working Capital	121.18	138.68	106.59	107.72	93.32	103.44
Book Value Per Share	1.84	1.90	1.85	1.80	1.70	1.65
Tangible Book Value	403.82	417.62	404.83	394.18	369.72	358.52
Tangible Book Value Per Share	1.78	1.84	1.78	1.74	1.63	1.58
Buildings	-	133.89	133.89	133.89	131.47	127.29
Machinery	-	212.27	211.37	207.64	199.82	189.52
Construction In Progress	-	9.56	9.54	2.06	4.83	0.09

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