SHE:000860 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	6,135	6,411	6,949	7,271	8,567	7,639
Cash & Short-Term Investments	6,135	6,411	6,949	7,271	8,567	7,639
Cash Growth	-1.72%	-7.74%	-4.43%	-15.13%	12.14%	-13.16%
Accounts Receivable	514.89	502.47	249.16	141.86	167.57	436.85
Other Receivables	10.27	9.91	456.99	458.69	560.93	472.36
Receivables	525.15	512.38	706.15	600.55	728.49	909.21
Inventory	1,540	1,682	2,292	2,194	5,760	5,509
Prepaid Expenses	-	-	-	-	-	8.56
Other Current Assets	492.67	545.97	168.04	41.87	129.43	149.69
Total Current Assets	8,692	9,152	10,115	10,107	15,184	14,216
Property, Plant & Equipment	2,818	2,872	3,078	3,402	3,249	3,266
Long-Term Investments	19.09	19.09	19.09	19.09	19.09	19.09
Other Intangible Assets	732.89	738.94	763.11	787.32	682.01	702.26
Long-Term Deferred Tax Assets	21.63	32.85	29.25	23.34	170.31	178.11
Long-Term Deferred Charges	-	2.47	5.5	13.41	38.32	66.31
Other Long-Term Assets	931.58	945.35	984.04	1,014	912.73	944.6
Total Assets	13,215	13,762	14,995	15,367	20,256	19,392
Accounts Payable	454.97	445.11	942.13	907.44	1,637	1,233
Accrued Expenses	68.89	90.65	231.82	218.13	321.37	450.35
Short-Term Debt	2,896	2,788	2,789	2,564	2,495	2,880
Current Portion of Long-Term Debt	916.52	829.83	363.97	1,005	1,402	1,426
Current Portion of Leases	-	-	19.64	22.7	11.22	21.88
Current Income Taxes Payable	82.5	81.94	12.71	0.35	2.28	20.12
Current Unearned Revenue	698.94	1,411	1,771	2,209	3,865	2,570
Other Current Liabilities	175.81	254.03	319.51	367.32	610.98	431.38
Total Current Liabilities	5,293	5,900	6,450	7,295	10,345	9,032
Long-Term Debt	971.44	1,029	1,423	1,235	2,810	2,546
Long-Term Leases	13.75	13.58	32.81	35.2	15.78	21.83
Long-Term Unearned Revenue	4.5	4.57	34.55	-	-	-
Other Long-Term Liabilities	16.71	16.71	-	-	-	-
Total Liabilities	6,300	6,964	7,940	8,565	13,170	11,600
Common Stock	741.77	741.77	741.77	741.77	741.77	741.77
Additional Paid-In Capital	2,627	2,627	2,627	2,627	2,627	2,627
Retained Earnings	3,527	3,411	3,675	3,444	3,739	4,431
Comprehensive Income & Other	-30	-30	-30	-30	-30	-30
Total Common Equity	6,866	6,750	7,014	6,783	7,078	7,770
Minority Interest	49.18	47.69	40.43	19.17	7.25	23.17
Shareholders' Equity	6,915	6,798	7,054	6,802	7,085	7,793
Total Liabilities & Equity	13,215	13,762	14,995	15,367	20,256	19,392
Total Debt	4,797	4,660	4,629	4,863	6,734	6,896
Net Cash (Debt)	1,337	1,751	2,320	2,408	1,833	743.8
Net Cash Growth	-15.54%	-24.53%	-3.65%	31.38%	146.42%	-63.69%
Net Cash Per Share	1.80	2.36	3.13	3.25	2.47	1.00
Filing Date Shares Outstanding	741.83	742.13	741.77	741.77	741.77	741.77
Total Common Shares Outstanding	741.83	742.13	741.77	741.77	741.77	741.77
Working Capital	3,399	3,252	3,665	2,812	4,839	5,184
Book Value Per Share	9.26	9.10	9.46	9.14	9.54	10.47
Tangible Book Value	6,133	6,011	6,251	5,995	6,396	7,067
Tangible Book Value Per Share	8.27	8.10	8.43	8.08	8.62	9.53
Buildings	-	-	3,060	3,126	3,007	2,687
Machinery	-	-	1,672	1,707	1,675	1,645
Construction In Progress	-	-	47.26	49.89	108.38	378.82

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