SHE:000926 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	534.97	802.92	1,155	2,260	2,744	4,736
Cash & Short-Term Investments	534.97	802.92	1,155	2,260	2,744	4,736
Cash Growth	-60.64%	-30.48%	-48.89%	-17.67%	-42.05%	-1.19%
Accounts Receivable	395.58	436.87	446.75	633.2	572.82	777.55
Other Receivables	266.95	316.8	552.06	567.59	803.88	746.24
Receivables	662.52	753.68	998.81	1,201	1,377	1,524
Inventory	14,016	14,327	18,177	22,242	21,456	27,818
Prepaid Expenses	-	120.77	153.47	284.4	33.05	518.86
Other Current Assets	1,396	1,261	1,050	2,259	4,093	4,655
Total Current Assets	16,610	17,266	21,534	28,246	29,704	39,252
Property, Plant & Equipment	521.18	529.38	622.54	905.21	669.95	760.81
Long-Term Investments	125.63	125.63	125.63	125.68	125.68	170.23
Goodwill	-	-	-	-	-	5.97
Other Intangible Assets	47.14	47.54	49.14	50.75	52.35	53.95
Long-Term Accounts Receivable	-	4.41	5.06	30.05	31.52	16.8
Long-Term Deferred Tax Assets	225.43	226.02	565.66	993.84	949.04	989.4
Other Long-Term Assets	4,130	4,122	5,213	6,562	6,758	7,299
Total Assets	21,659	22,321	28,115	36,914	38,290	48,548
Accounts Payable	2,387	2,373	2,902	2,523	3,057	3,451
Accrued Expenses	108.41	1,850	1,789	1,570	1,314	1,096
Short-Term Debt	701.88	1,354	789.58	961.34	921.36	560.55
Current Portion of Long-Term Debt	2,730	2,333	2,018	2,876	3,494	6,134
Current Portion of Leases	-	-	14.52	11.26	9.49	48.24
Current Income Taxes Payable	2,488	829.22	800.24	804.52	669.22	446.39
Current Unearned Revenue	2,857	2,670	2,934	8,137	7,801	13,937
Other Current Liabilities	1,531	1,229	1,307	1,981	2,289	2,623
Total Current Liabilities	12,804	12,638	12,555	18,864	19,556	28,297
Long-Term Debt	1,813	2,747	4,295	3,713	5,060	4,564
Long-Term Leases	-	-	46.04	47.55	54.04	63.87
Long-Term Unearned Revenue	8.1	4.23	1.39	1.57	0.9	1
Long-Term Deferred Tax Liabilities	723.22	722.94	881.57	1,224	1,259	1,273
Other Long-Term Liabilities	237.37	-	6.67	-	-	1,932
Total Liabilities	15,585	16,112	17,785	23,849	25,930	36,130
Common Stock	1,593	1,593	1,593	1,138	949.32	949.32
Additional Paid-In Capital	2,355	2,355	2,355	2,810	2,398	2,398
Retained Earnings	658.6	791.67	4,919	7,532	7,491	7,389
Treasury Stock	-30	-30	-30	-	-204.99	-204.99
Comprehensive Income & Other	657.25	656.14	594.61	614.93	621.89	667.05
Total Common Equity	5,234	5,366	9,432	12,095	11,255	11,199
Minority Interest	839.45	842.68	897.19	969.76	1,105	1,219
Shareholders' Equity	6,074	6,209	10,330	13,065	12,360	12,418
Total Liabilities & Equity	21,659	22,321	28,115	36,914	38,290	48,548
Total Debt	5,244	6,434	7,163	7,609	9,539	11,371
Net Cash (Debt)	-4,709	-5,631	-6,008	-5,349	-6,795	-6,635
Net Cash Per Share	-2.96	-3.53	-3.79	-3.91	-5.08	-4.99
Filing Date Shares Outstanding	1,594	1,581	1,581	1,591	1,281	1,281
Total Common Shares Outstanding	1,594	1,581	1,581	1,594	1,281	1,281
Working Capital	3,806	4,628	8,979	9,383	10,148	10,955
Book Value Per Share	3.28	3.39	5.96	7.59	8.79	8.74
Tangible Book Value	5,187	5,319	9,383	12,044	11,203	11,139
Tangible Book Value Per Share	3.25	3.36	5.93	7.56	8.75	8.70
Buildings	-	924.25	922.99	975.4	708.9	710.05
Machinery	-	687.29	710.37	995.9	963.57	968.42
Construction In Progress	-	-	-	33.79	19.09	4.95

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