SHE:000968 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	1,402	1,354	1,605	2,028	1,366	1,617
Cash & Short-Term Investments	1,402	1,354	1,605	2,028	1,366	1,617
Cash Growth	-42.20%	-15.62%	-20.88%	48.46%	-15.50%	-8.89%
Accounts Receivable	1,351	1,267	1,451	1,592	1,850	1,582
Other Receivables	122.09	5.06	2.36	5.47	11.35	20.29
Receivables	1,473	1,272	1,453	1,597	1,861	1,602
Inventory	23.42	33.5	22.67	37.53	35.56	33.34
Prepaid Expenses	-	0.08	0.09	0.22	3.74	3.74
Other Current Assets	79.19	68.94	112.71	113.18	125.94	199.96
Total Current Assets	2,978	2,729	3,193	3,776	3,393	3,456
Property, Plant & Equipment	7,875	7,967	8,032	7,897	7,824	7,799
Other Intangible Assets	277.85	278.57	74.61	76.15	78.98	81.68
Long-Term Accounts Receivable	-	-	-	-	7.65	22.89
Long-Term Deferred Tax Assets	55.13	53.04	82.65	59.88	51.22	55.83
Long-Term Deferred Charges	8.01	9.29	14.56	20.07	51.05	87.45
Other Long-Term Assets	7.64	7.64	-	-	22.44	22.44
Total Assets	11,221	11,045	11,397	11,829	11,429	11,525
Accounts Payable	1,228	1,225	1,271	1,665	2,660	3,393
Accrued Expenses	69.21	105.89	111.89	141.98	152.7	122.12
Short-Term Debt	-	-	100.07	480.49	100.22	140.8
Current Portion of Long-Term Debt	1,009	944	1,777	666.82	485.65	486.72
Current Portion of Leases	-	85.85	51.86	5.62	2.88	2.22
Current Income Taxes Payable	69.28	10.94	0.28	37.27	21.73	55.88
Current Unearned Revenue	39.43	20.4	40.67	26.44	38.19	35.13
Other Current Liabilities	47.42	37.69	37.46	44.95	42.11	31.84
Total Current Liabilities	2,462	2,430	3,391	3,069	3,503	4,268
Long-Term Debt	2,237	2,237	1,842	2,977	2,625	2,483
Long-Term Leases	50.21	50.21	97.02	5.11	2.55	6
Long-Term Unearned Revenue	35.71	37.16	53.04	58.58	54.34	44.67
Long-Term Deferred Tax Liabilities	4.35	4.26	30.21	8.96	7.42	5.15
Other Long-Term Liabilities	34.42	34.42	31.24	26.67	24.67	23.08
Total Liabilities	4,824	4,793	5,444	6,145	6,218	6,829
Common Stock	967.5	967.5	967.5	967.5	967.5	967.5
Additional Paid-In Capital	975.57	975.57	975.57	975.57	975.57	975.57
Retained Earnings	4,434	4,286	3,980	3,710	3,228	2,713
Comprehensive Income & Other	17.51	16.14	15.71	15.34	13.85	10.81
Total Common Equity	6,394	6,245	5,939	5,669	5,185	4,667
Minority Interest	2.06	6.22	13.71	15.78	25.98	28.96
Shareholders' Equity	6,396	6,252	5,953	5,685	5,211	4,696
Total Liabilities & Equity	11,221	11,045	11,397	11,829	11,429	11,525
Total Debt	3,297	3,318	3,868	4,135	3,216	3,118
Net Cash (Debt)	-1,895	-1,964	-2,264	-2,107	-1,850	-1,502
Net Cash Per Share	-1.97	-2.05	-2.34	-2.18	-1.91	-1.57
Filing Date Shares Outstanding	967.5	967.5	967.5	967.5	967.5	967.5
Total Common Shares Outstanding	967.5	967.5	967.5	967.5	967.5	967.5
Working Capital	515.48	299.11	-197.52	707.28	-110.64	-811.98
Book Value Per Share	6.61	6.46	6.14	5.86	5.36	4.82
Tangible Book Value	6,117	5,967	5,864	5,593	5,106	4,585
Tangible Book Value Per Share	6.32	6.17	6.06	5.78	5.28	4.74
Buildings	-	383.93	368.44	361.21	326.44	323.99
Machinery	-	9,781	9,158	8,226	7,645	7,079
Construction In Progress	-	2,330	2,399	2,815	2,859	2,929