SHE:000952 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	329.05	278.49	307.18	415.24	431.35	293.33
Cash & Short-Term Investments	329.05	278.49	307.18	415.24	431.35	293.33
Cash Growth	-22.09%	-9.34%	-26.02%	-3.74%	47.05%	-16.26%
Accounts Receivable	249.83	256.81	223.19	297.42	294.62	197.61
Other Receivables	7.75	6.48	6.64	6.08	-	0.55
Receivables	257.58	263.29	229.83	303.51	299.7	203.33
Inventory	213.42	257.65	322.03	298.99	221.47	164.83
Other Current Assets	58.17	45.05	61.78	66.93	52.97	47.47
Total Current Assets	858.22	844.49	920.82	1,085	1,005	708.96
Property, Plant & Equipment	1,143	1,172	1,577	1,637	1,199	1,069
Long-Term Investments	53.77	54.13	7.28	35.2	44.13	39.79
Other Intangible Assets	202.37	203.82	239.62	216.91	150.62	154.72
Long-Term Deferred Tax Assets	25.3	24.78	20.73	15.88	27.73	24.81
Long-Term Deferred Charges	5	4.81	9.12	10.15	0.58	-
Other Long-Term Assets	6.56	8.34	18.82	30.13	42.25	51.43
Total Assets	2,294	2,313	2,794	3,030	2,470	2,049
Accounts Payable	166.88	182.36	121.22	143.02	178.6	121.62
Accrued Expenses	21.71	24.39	33.67	33.54	32.24	36.94
Short-Term Debt	567.21	521.98	344.24	291.06	197.13	241.71
Current Portion of Long-Term Debt	529.32	565.94	132.8	161.5	158.91	99.61
Current Portion of Leases	-	-	1.05	1.59	1.2	0.84
Current Income Taxes Payable	8.9	8.14	0.37	0.22	1.85	2.61
Current Unearned Revenue	26.39	10.68	6.4	7.07	5.49	12.13
Other Current Liabilities	70.75	72.83	287.77	227.87	78.61	24.82
Total Current Liabilities	1,391	1,386	927.51	865.87	654.03	540.29
Long-Term Debt	141.98	209.3	393.75	417.29	301.56	34.45
Long-Term Leases	0.74	0.99	1.35	2.25	3.19	1.65
Long-Term Unearned Revenue	11.95	12.57	13.3	15.65	18.12	21.04
Long-Term Deferred Tax Liabilities	0.33	0.36	0.5	0.69	0.92	0.33
Other Long-Term Liabilities	154.58	76.11	380.96	335.32	0.34	0.33
Total Liabilities	1,701	1,686	1,717	1,637	978.17	598.09
Common Stock	346.63	346.75	349.86	353.86	353.97	344
Additional Paid-In Capital	361.59	361.06	377.12	391.79	391.09	353.92
Retained Earnings	-77.87	-46.23	358.27	653.56	793.8	764.58
Treasury Stock	-9.47	-9.89	-21.23	-35.75	-36.19	-
Comprehensive Income & Other	2.7	2.08	0.93	-0.01	-0.02	-0.03
Total Common Equity	623.58	653.77	1,065	1,363	1,503	1,462
Minority Interest	-29.89	-26.92	11.26	29	-10.83	-11.67
Shareholders' Equity	593.68	626.85	1,076	1,392	1,492	1,451
Total Liabilities & Equity	2,294	2,313	2,794	3,030	2,470	2,049
Total Debt	1,239	1,298	873.19	873.69	662	378.26
Net Cash (Debt)	-910.2	-1,020	-566.01	-458.45	-230.65	-84.93
Net Cash Per Share	-2.62	-2.89	-1.61	-1.30	-0.65	-0.25
Filing Date Shares Outstanding	346.59	346.65	349.86	353.86	353.97	344
Total Common Shares Outstanding	346.59	346.65	349.86	353.86	353.97	344
Working Capital	-532.93	-541.83	-6.69	218.8	351.46	168.67
Book Value Per Share	1.80	1.89	3.04	3.85	4.25	4.25
Tangible Book Value	421.2	449.95	825.32	1,147	1,352	1,308
Tangible Book Value Per Share	1.22	1.30	2.36	3.24	3.82	3.80
Buildings	-	-	1,163	1,196	899.49	839.29
Machinery	-	-	1,456	1,370	942.21	840.98
Construction In Progress	-	-	33.1	60.96	258.14	204.47

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