SHE:000911 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	459.24	792.69	761.28	1,427	1,025	1,661
Cash & Short-Term Investments	459.24	792.69	761.28	1,427	1,025	1,661
Cash Growth	-37.94%	4.13%	-46.66%	39.20%	-38.27%	85.23%
Accounts Receivable	551.15	347.82	367	661.65	900.09	748.08
Other Receivables	41.16	46.82	63.02	85.26	328.99	92.68
Receivables	592.31	394.64	430.02	746.91	1,229	840.77
Inventory	1,675	393.21	388.78	327.78	581.11	381.08
Other Current Assets	315.2	216.87	281.1	227.43	203.31	429.3
Total Current Assets	3,042	1,797	1,861	2,729	3,039	3,312
Property, Plant & Equipment	1,228	1,296	1,366	1,409	1,422	2,824
Long-Term Investments	33.94	34.4	36.43	35.17	216.21	219.53
Other Intangible Assets	394.42	398.79	415.95	431.71	446.31	475.09
Long-Term Deferred Tax Assets	27.23	26.34	27.57	23.56	16.54	8.88
Long-Term Deferred Charges	23.45	33.99	45.88	51.95	59.79	486.25
Other Long-Term Assets	33.88	35.47	23.49	10.83	14.44	10.79
Total Assets	4,783	3,623	3,777	4,691	5,214	7,336
Accounts Payable	1,104	742.64	530.08	465.1	475.29	531.74
Accrued Expenses	44.32	0.21	62.58	67.87	85.12	245.96
Short-Term Debt	2,809	2,396	2,356	3,364	3,272	3,244
Current Portion of Long-Term Debt	67.7	78.64	186.68	130.52	633.85	310
Current Portion of Leases	-	-	17.37	16.26	40.13	443.59
Current Income Taxes Payable	37.71	25.11	4.37	4.94	1.32	9.23
Current Unearned Revenue	355.13	166.12	105.49	49.39	134.6	106.16
Other Current Liabilities	166.03	95.53	95.55	73	57.21	116.21
Total Current Liabilities	4,585	3,505	3,358	4,171	4,700	5,007
Long-Term Debt	148.9	39	127.1	210.9	131.18	107.5
Long-Term Leases	5.37	3.03	4.69	18.2	28.62	1,176
Long-Term Unearned Revenue	41.2	47.4	60.09	75.69	91.85	292.98
Long-Term Deferred Tax Liabilities	3.83	3.03	5.39	7.28	9.78	2.78
Other Long-Term Liabilities	16.85	16.85	13.79	16.05	61.7	102.04
Total Liabilities	4,801	3,614	3,569	4,499	5,023	6,689
Common Stock	400.32	400.32	400.32	400.32	400.32	400.32
Additional Paid-In Capital	1,959	1,959	1,959	1,959	1,930	1,930
Retained Earnings	-2,452	-2,426	-2,236	-2,263	-2,290	-1,833
Comprehensive Income & Other	0.07	0.05	0.15	0.17	-	-
Total Common Equity	-92.07	-66.31	124.3	96.99	40.38	497.79
Minority Interest	74.84	75.06	83.45	95.36	150.82	149.82
Shareholders' Equity	-17.23	8.76	207.75	192.35	191.2	647.61
Total Liabilities & Equity	4,783	3,623	3,777	4,691	5,214	7,336
Total Debt	3,031	2,517	2,692	3,739	4,106	5,282
Net Cash (Debt)	-2,572	-1,724	-1,930	-2,312	-3,081	-3,621
Net Cash Per Share	-6.42	-4.31	-4.82	-5.78	-7.70	-11.17
Filing Date Shares Outstanding	400.32	403.39	400.32	400.32	400.32	400.32
Total Common Shares Outstanding	400.32	403.39	400.32	400.32	400.32	400.32
Working Capital	-1,542	-1,707	-1,497	-1,441	-1,661	-1,696
Book Value Per Share	-0.23	-0.16	0.31	0.24	0.10	1.24
Tangible Book Value	-486.5	-465.1	-291.65	-334.72	-405.93	22.7
Tangible Book Value Per Share	-1.22	-1.15	-0.73	-0.84	-1.01	0.06
Buildings	-	-	940.8	808.33	798.38	888.31
Machinery	-	-	2,480	2,388	2,398	2,919
Construction In Progress	-	-	24.14	198.6	84.3	6.28