SHE:000965 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	Dec '21 Dec 31, 2021
Cash & Equivalents	751.22	825.67	1,281	423.16	695.52	539.68
Cash & Short-Term Investments	751.22	825.67	1,281	423.16	695.52	539.68
Cash Growth	-17.02%	-35.55%	202.77%	-39.16%	28.88%	29.82%
Accounts Receivable	178.39	178.2	31.89	7.07	7.35	10
Other Receivables	12.68	13.19	89.54	653.57	225.7	217.67
Receivables	191.08	191.39	121.43	660.64	233.04	227.66
Inventory	10,182	11,019	10,610	9,505	9,103	9,950
Prepaid Expenses	-	106.5	96.39	67.63	40.39	20
Other Current Assets	522.17	490.56	234.85	294.98	181.07	100.8
Total Current Assets	11,647	12,633	12,344	10,951	10,253	10,838
Property, Plant & Equipment	388.27	369.07	279.48	290.07	36.78	41.42
Long-Term Investments	666.29	791.22	843.69	917.01	1,170	600.25
Goodwill	6.65	6.65	6.65	10.93	10.93	10.93
Other Intangible Assets	1.84	2.02	2.72	3.04	3.16	3.79
Long-Term Deferred Tax Assets	91.04	100.73	277.69	392.06	404.12	394.34
Long-Term Deferred Charges	9	8.29	6.75	8.79	0.62	2.36
Other Long-Term Assets	1,101	967.16	890.67	925.18	939.88	958.12
Total Assets	13,911	14,878	14,651	13,498	12,818	12,850
Accounts Payable	1,309	1,290	1,568	1,387	1,279	1,103
Accrued Expenses	44.64	25.57	60.96	33.27	1,315	135.56
Short-Term Debt	80.24	100.24	60.21	321.15	680.55	270
Current Portion of Long-Term Debt	-	947.4	1,063	1,018	795.25	855.77
Current Portion of Leases	-	4	3.95	90	369.99	1,063
Current Income Taxes Payable	-	7.75	275.39	361.26	394.18	397.42
Current Unearned Revenue	811.75	2,042	1,515	811.63	1,081	1,381
Other Current Liabilities	1,327	632.58	1,433	1,446	201.79	1,407
Total Current Liabilities	3,572	5,050	5,980	5,468	6,117	6,612
Long-Term Debt	3,561	3,117	1,982	1,454	1,222	775.05
Long-Term Leases	-	30.04	34.11	-	-	-
Long-Term Unearned Revenue	-	-	28.93	-	21	21
Long-Term Deferred Tax Liabilities	6.61	10.08	2.43	-	-	-
Other Long-Term Liabilities	95.94	60.76	53.95	-	-	6.38
Total Liabilities	7,236	8,267	8,082	6,922	7,360	7,415
Common Stock	1,110	1,110	1,110	1,110	1,110	1,110
Additional Paid-In Capital	2,310	2,310	2,313	2,313	2,315	2,315
Retained Earnings	2,090	2,026	2,018	2,023	2,025	2,002
Total Common Equity	5,510	5,446	5,440	5,446	5,450	5,426
Minority Interest	1,165	1,165	1,129	1,131	8.48	8.36
Shareholders' Equity	6,675	6,611	6,570	6,577	5,458	5,435
Total Liabilities & Equity	13,911	14,878	14,651	13,498	12,818	12,850
Total Debt	3,641	4,199	3,144	2,882	3,068	2,964
Net Cash (Debt)	-2,890	-3,373	-1,862	-2,459	-2,372	-2,424
Net Cash Per Share	-2.60	-3.04	-1.68	-2.22	-2.14	-2.18
Filing Date Shares Outstanding	1,110	1,110	1,110	1,110	1,110	1,110
Total Common Shares Outstanding	1,110	1,110	1,110	1,110	1,110	1,110
Working Capital	8,074	7,583	6,364	5,483	4,136	4,226
Book Value Per Share	4.96	4.91	4.90	4.91	4.91	4.89
Tangible Book Value	5,501	5,437	5,431	5,432	5,436	5,412
Tangible Book Value Per Share	4.96	4.90	4.89	4.89	4.90	4.88
Buildings	-	395.1	292.3	292.3	46.6	46.6
Machinery	-	21.17	20.9	26.38	11.75	11.61

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