SHE:000912 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	1,486	1,962	2,267	2,807	3,545	2,651
Short-Term Investments	-	-	-	-	-	10
Trading Asset Securities	290	340	1,298	1,330	910	646.27
Cash & Short-Term Investments	1,776	2,302	3,566	4,137	4,455	3,307
Cash Growth	-36.99%	-35.43%	-13.81%	-7.13%	34.71%	66.06%
Accounts Receivable	216.54	270.69	308.16	96.58	110.45	314.42
Other Receivables	85.73	96.72	82.14	12.71	16.9	14.82
Receivables	302.27	367.4	390.3	109.3	127.36	329.24
Inventory	804.34	678.42	665.72	644.91	675.3	601.85
Other Current Assets	715.89	573.37	773.77	629.92	359.14	365.19
Total Current Assets	3,598	3,922	5,395	5,521	5,616	4,603
Property, Plant & Equipment	4,944	4,843	4,909	4,546	4,479	4,658
Long-Term Investments	43.14	44.75	41.51	50.1	72.72	150.53
Other Intangible Assets	397.22	401.49	381.85	112.07	131.06	135.33
Long-Term Deferred Tax Assets	37.67	41.88	65.91	70.62	75.79	70.26
Long-Term Deferred Charges	64.45	65.95	71.04	54.71	60.92	62.87
Other Long-Term Assets	3.58	86.94	20.2	35.64	24.97	7.53
Total Assets	9,088	9,406	10,885	10,390	10,461	9,688
Accounts Payable	1,438	1,771	1,969	2,407	2,356	2,132
Accrued Expenses	25.32	78.93	142.35	178.23	175.59	152.35
Short-Term Debt	150	-	320.16	-	150.14	-
Current Portion of Long-Term Debt	75.35	109.07	179.23	171.65	164.07	156.48
Current Portion of Leases	-	20.51	33.41	31.88	28.97	28.51
Current Income Taxes Payable	16.66	5.3	9.38	35.4	39.16	15.11
Current Unearned Revenue	302.92	194.32	203.52	184.36	263.47	163.53
Other Current Liabilities	447.18	603.14	1,116	289.08	123.57	102.05
Total Current Liabilities	2,456	2,783	3,973	3,297	3,301	2,750
Long-Term Debt	29.34	15.75	186.66	365.62	536.87	700.42
Long-Term Leases	104.3	109.24	210.19	219.84	247.97	286.28
Long-Term Unearned Revenue	129.62	126.01	95.66	59.23	60.92	64.56
Pension & Post-Retirement Benefits	-	-	-	-	4.57	2.8
Long-Term Deferred Tax Liabilities	19.97	20.92	37.34	42.63	48.37	5.81
Total Liabilities	2,739	3,055	4,503	3,985	4,200	3,809
Common Stock	1,568	1,568	1,568	1,568	1,568	1,568
Additional Paid-In Capital	5,784	5,784	5,841	5,783	5,775	5,775
Retained Earnings	-940.5	-938.75	-957.87	-978.86	-1,129	-1,497
Treasury Stock	-89.06	-89.06	-89.06	-	-	-
Comprehensive Income & Other	21.09	21.65	14.07	27.41	44.27	29.27
Total Common Equity	6,344	6,346	6,376	6,400	6,259	5,875
Minority Interest	5.07	5.32	5.59	5.69	2.67	3.4
Shareholders' Equity	6,349	6,351	6,381	6,406	6,262	5,878
Total Liabilities & Equity	9,088	9,406	10,885	10,390	10,461	9,688
Total Debt	358.98	254.57	929.64	788.98	1,128	1,172
Net Cash (Debt)	1,417	2,048	2,636	3,348	3,327	2,135
Net Cash Growth	-31.64%	-22.31%	-21.27%	0.65%	55.79%	103.58%
Net Cash Per Share	0.87	1.29	1.25	2.23	2.08	1.34
Filing Date Shares Outstanding	1,749	1,544	1,544	1,568	1,568	1,568
Total Common Shares Outstanding	1,749	1,544	1,544	1,568	1,568	1,568
Working Capital	1,142	1,139	1,422	2,224	2,315	1,854
Book Value Per Share	3.63	4.11	4.13	4.08	3.99	3.75
Tangible Book Value	5,947	5,945	5,994	6,288	6,128	5,740
Tangible Book Value Per Share	3.40	3.85	3.88	4.01	3.91	3.66
Buildings	-	1,993	1,873	1,702	1,666	1,686
Machinery	-	6,850	6,742	6,325	6,228	6,199
Construction In Progress	-	641.52	601.44	529.51	327.71	282.81

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