SHE:000931 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	227.55	139.06	151.39	191.49	121.41	170.2
Trading Asset Securities	1.76	1.76	2.17	2.76	4.7	4.97
Cash & Short-Term Investments	229.31	140.82	153.57	194.25	126.11	175.16
Cash Growth	13.04%	-8.30%	-20.95%	54.03%	-28.01%	-17.61%
Accounts Receivable	1,067	1,182	1,080	1,062	927.31	989.4
Other Receivables	44.63	48.05	54.76	22.97	21.84	56.34
Receivables	1,112	1,230	1,135	1,085	949.15	1,046
Inventory	167.6	186.94	214.34	279.11	248.18	228.3
Prepaid Expenses	-	9.25	3.19	3.33	1.54	1.43
Other Current Assets	165.75	125.49	102.93	156.62	133.41	132.33
Total Current Assets	1,675	1,693	1,609	1,719	1,458	1,583
Property, Plant & Equipment	1,420	1,437	1,247	1,274	1,333	1,343
Long-Term Investments	4.44	-1.56	-0.67	5.55	-0.23	12
Goodwill	224.37	224.37	224.36	220.49	211	211
Other Intangible Assets	111.08	114.27	128.53	112.46	121.84	127.72
Long-Term Accounts Receivable	-	-	-	-	16.95	17.71
Long-Term Deferred Tax Assets	124.52	128.17	99.67	118.08	128.85	24.92
Long-Term Deferred Charges	125.71	126.08	110.51	80.24	108.1	107.29
Other Long-Term Assets	269.2	280.31	294.09	250.07	265.24	270.5
Total Assets	3,954	4,002	3,712	3,780	3,643	3,697
Accounts Payable	364.72	448.26	414.82	302.43	325.12	362.3
Accrued Expenses	30.95	74.74	72.87	79.02	91.55	107.75
Short-Term Debt	521.01	486.59	424.54	391.41	400	453.15
Current Portion of Long-Term Debt	141.51	65.8	12.12	113.26	13.75	79.25
Current Portion of Leases	-	90.25	86.05	56.79	46.06	71.43
Current Income Taxes Payable	51.19	18.9	23.32	19.15	20.72	19.65
Current Unearned Revenue	72.61	76.01	93.85	138.16	95.65	132.28
Other Current Liabilities	254.46	214.23	252.07	421.89	313.19	186.35
Total Current Liabilities	1,436	1,475	1,380	1,522	1,306	1,412
Long-Term Debt	65.55	38.92	70.5	52.5	159.75	57.5
Long-Term Leases	425.76	483.24	340.19	328.91	370.49	345.32
Long-Term Unearned Revenue	35.26	35.75	32.96	17.65	18.25	21.85
Long-Term Deferred Tax Liabilities	101.55	104.03	71.88	87.14	100.1	4.52
Other Long-Term Liabilities	49.02	9.92	9.92	35.14	11.92	42.37
Total Liabilities	2,114	2,147	1,905	2,043	1,967	1,884
Common Stock	753.13	753.13	753.13	753.13	753.13	753.13
Additional Paid-In Capital	404.32	404.32	1,576	1,576	1,576	1,576
Retained Earnings	489.98	506.24	-713.35	-766.94	-815.28	-716.25
Comprehensive Income & Other	-28.23	-28.23	-27.43	-27.43	-27.43	-27.43
Total Common Equity	1,619	1,635	1,588	1,535	1,486	1,585
Minority Interest	220.84	219.87	218.63	201.35	190.22	228.01
Shareholders' Equity	1,840	1,855	1,807	1,736	1,677	1,813
Total Liabilities & Equity	3,954	4,002	3,712	3,780	3,643	3,697
Total Debt	1,154	1,165	933.4	942.88	990.04	1,007
Net Cash (Debt)	-924.51	-1,024	-779.83	-748.62	-863.93	-831.49
Net Cash Per Share	-1.23	-1.36	-1.04	-0.99	-1.15	-1.10
Filing Date Shares Outstanding	752.52	753.13	753.13	753.13	753.13	753.13
Total Common Shares Outstanding	752.52	753.13	753.13	753.13	753.13	753.13
Working Capital	238.36	218.21	228.94	196.54	152.35	170.8
Book Value Per Share	2.15	2.17	2.11	2.04	1.97	2.11
Tangible Book Value	1,284	1,297	1,235	1,202	1,154	1,247
Tangible Book Value Per Share	1.71	1.72	1.64	1.60	1.53	1.66
Buildings	-	1,016	966.23	1,004	988.46	968.01
Machinery	-	605.76	558.49	529.09	504.22	474.88
Construction In Progress	-	144.72	101.97	36.37	39.78	53.45

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