SHE:000908 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	1,751	75.6	85.52	13.17	181.39	172.18
Cash & Short-Term Investments	1,751	75.6	85.52	13.17	181.39	172.18
Cash Growth	3029.16%	-11.61%	549.63%	-92.74%	5.35%	4.86%
Accounts Receivable	75.66	61.59	70.13	85.92	197.02	217.24
Other Receivables	88.07	84.68	12	31.95	27.16	91.22
Receivables	163.73	146.27	82.13	117.86	224.18	308.46
Inventory	35.31	38.83	44.18	64.58	120.37	155.4
Other Current Assets	13.58	14.65	15.36	18.15	45.35	41.48
Total Current Assets	1,964	275.35	227.19	213.76	571.3	677.51
Property, Plant & Equipment	318.05	316.27	328.67	434.21	553.48	726.1
Long-Term Investments	51.09	51.29	42.78	44.72	50.46	103.86
Goodwill	-	-	0.12	0.12	33.03	33.03
Other Intangible Assets	62.27	64.18	53.45	61.55	101.66	100.47
Long-Term Deferred Tax Assets	4.29	4.29	2.49	10.41	30.3	23.57
Long-Term Deferred Charges	100.42	98.41	111.12	107.86	106.49	117.4
Other Long-Term Assets	10.17	10.15	174.17	187.72	10.82	10.36
Total Assets	2,510	819.95	939.98	1,060	1,458	1,792
Accounts Payable	94.37	107.92	102.96	148.94	138.54	122.97
Accrued Expenses	5.58	10.22	53.45	105.76	109.51	63.29
Short-Term Debt	0.01	9.76	191.67	195.82	213.02	475.67
Current Portion of Long-Term Debt	1.44	77.67	260.9	299.42	299.8	387.68
Current Portion of Leases	-	-	11.46	3.67	3.63	1.3
Current Income Taxes Payable	29.39	36.14	2.46	0.62	4.93	1.17
Current Unearned Revenue	17.66	15.69	16.28	24.19	26.2	25.22
Other Current Liabilities	290.6	544.15	265.56	263.12	287.71	283.8
Total Current Liabilities	439.06	801.56	904.73	1,042	1,083	1,361
Long-Term Debt	-	-	-	72.28	72.52	1
Long-Term Leases	5.66	5.88	6.71	22.69	9.84	7.87
Long-Term Unearned Revenue	12.68	13.58	17.15	20.73	24.81	51.01
Long-Term Deferred Tax Liabilities	0.84	0.84	2.91	7.7	6.45	5.27
Other Long-Term Liabilities	15.19	26.35	23.61	70.04	58.93	38.34
Total Liabilities	473.43	848.2	955.11	1,235	1,256	1,465
Common Stock	1,296	416.69	416.69	416.69	416.69	416.69
Additional Paid-In Capital	1,820	639.91	617.75	617.75	617.75	617.42
Retained Earnings	-1,011	-1,015	-933.99	-1,086	-850.2	-708.89
Comprehensive Income & Other	-18.46	-18.57	-18.65	-18.59	-19.46	-18.83
Total Common Equity	2,087	23.14	81.8	-70.45	164.79	306.39
Minority Interest	-50.27	-51.39	-96.93	-104.19	36.85	21.34
Shareholders' Equity	2,037	-28.25	-15.13	-174.64	201.63	327.73
Total Liabilities & Equity	2,510	819.95	939.98	1,060	1,458	1,792
Total Debt	7.12	93.32	470.74	593.88	598.81	873.52
Net Cash (Debt)	1,744	-17.72	-385.22	-580.72	-417.42	-701.35
Net Cash Per Share	1.99	-0.02	-0.44	-0.66	-0.47	-0.80
Filing Date Shares Outstanding	873.85	883.8	879.77	879.77	879.77	879.77
Total Common Shares Outstanding	873.85	883.8	879.77	879.77	879.77	879.77
Working Capital	1,525	-526.2	-677.54	-827.79	-512.06	-683.57
Book Value Per Share	2.39	0.03	0.09	-0.08	0.19	0.35
Tangible Book Value	2,025	-41.04	28.23	-132.12	30.1	172.89
Tangible Book Value Per Share	2.32	-0.05	0.03	-0.15	0.03	0.20
Buildings	-	-	267.57	337.65	401.86	527.56
Machinery	-	-	280.5	291.5	412.21	385.78
Construction In Progress	-	-	70.22	70.22	88.37	87.72

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