SHE:000993 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	492.71	456.31	353.06	310.91	372.9	298.78
Short-Term Investments	-	223.89	-	-	40	-
Trading Asset Securities	-	-	-	-	157	71
Accounts Receivable	288.8	261.66	255.25	210.41	215.24	218.4
Other Receivables	0.47	0.46	0.46	6.76	18.19	34.97
Inventory	176.54	176.64	223.66	285.64	1,048	988.43
Prepaid Expenses	-	10.46	11.59	13.6	28.58	20.93
Other Current Assets	290.42	34.9	33.63	38.27	76.48	111.69
Total Current Assets	1,249	1,164	877.64	865.59	1,956	1,744
Property, Plant & Equipment	1,640	1,672	1,812	1,846	1,900	2,017
Goodwill	41.93	41.93	41.93	41.93	41.93	41.93
Other Intangible Assets	89.54	90.5	94.09	96.29	95.06	95.14
Long-Term Investments	410.59	506.62	685.48	390.96	260.07	240.37
Long-Term Deferred Tax Assets	19.6	17.11	23.96	26.78	52.06	45.28
Long-Term Deferred Charges	5.91	6.47	8.49	4.41	3.47	3.86
Other Long-Term Assets	114.97	117.6	110.99	110.03	125.85	152.92
Total Assets	3,571	3,617	3,655	3,381	4,435	4,340
Accounts Payable	135.21	147.45	185.67	206.39	233.56	205.03
Accrued Expenses	30.97	44.96	36.11	38.83	40.73	40.51
Short-Term Debt	1.8	0.8	0.31	-	120.11	129.63
Current Portion of Long-Term Debt	51.88	43.81	35.8	31.15	27.3	38.09
Current Unearned Revenue	0.91	2.5	14.54	14.41	1,009	948.78
Current Portion of Leases	-	8.26	7.75	2	6.69	8.91
Current Income Taxes Payable	13.51	5.01	7.38	4.56	17.32	12.44
Other Current Liabilities	19	13.3	25.45	26.98	128.02	123.72
Total Current Liabilities	253.28	266.09	312.99	324.32	1,583	1,507
Long-Term Debt	464.81	470.6	499.66	277.8	315.25	479.13
Long-Term Leases	79.57	78.5	78.52	85.56	78.11	85.53
Long-Term Unearned Revenue	3.16	3.24	3.57	3.9	4.24	1.24
Pension & Post-Retirement Benefits	-	172.53	195.29	182.89	180.72	178.11
Long-Term Deferred Tax Liabilities	0.02	0.02	-	0.01	1.18	1.1
Other Long-Term Liabilities	180.17	10.28	11.24	2.32	3.74	3.4
Total Liabilities	981.01	1,001	1,101	876.79	2,166	2,256
Common Stock	457.95	457.95	457.95	457.95	457.95	457.95
Additional Paid-In Capital	1,650	1,650	1,650	1,650	1,650	1,649
Retained Earnings	453.39	480.58	421.08	343.35	108.84	-75.86
Comprehensive Income & Other	-14.1	-16.7	-23.24	5.66	-	-
Total Common Equity	2,547	2,572	2,506	2,457	2,216	2,032
Minority Interest	42.72	43.63	47.85	47.64	52.1	53.1
Shareholders' Equity	2,590	2,615	2,554	2,505	2,268	2,085
Total Liabilities & Equity	3,571	3,617	3,655	3,381	4,435	4,340
Total Debt	598.06	601.97	622.03	396.5	547.46	741.29
Net Cash (Debt)	-105.35	78.23	-268.97	-85.59	22.43	-371.51
Net Cash Per Share	-0.25	0.17	-0.59	-0.19	0.05	-0.80
Filing Date Shares Outstanding	453.1	457.95	457.95	457.95	457.95	457.95
Total Common Shares Outstanding	453.1	457.95	457.95	457.95	457.95	457.95
Working Capital	995.65	898.24	564.65	541.27	372.92	237.07
Book Value Per Share	5.62	5.62	5.47	5.37	4.84	4.44
Tangible Book Value	2,416	2,439	2,370	2,319	2,079	1,894
Tangible Book Value Per Share	5.33	5.33	5.17	5.06	4.54	4.14
Buildings	-	1,197	1,200	1,238	497.86	502.37
Machinery	-	2,141	2,184	2,041	1,526	1,448
Construction In Progress	-	4.39	4.08	17.95	15.28	92.6

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