SHE:001258 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	Jun '26 Jun 30, 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	294.75	367.07	253.9	447.49	1,159	566.87
Trading Asset Securities	-	-	-	-	60.03	-
Accounts Receivable	2,319	2,227	2,016	1,721	1,492	1,402
Other Receivables	31.79	44.68	30.57	26.15	15.73	2.83
Inventory	-	-	0.4	0.33	-	-
Other Current Assets	841.75	845	546.86	204.88	165.59	208.18
Total Current Assets	3,487	3,484	2,848	2,400	2,892	2,180
Property, Plant & Equipment	13,791	14,026	11,288	6,568	5,598	4,755
Goodwill	0.01	0.01	0.01	0.01	0.01	0.01
Other Intangible Assets	314.59	300.37	247.36	253.1	241.72	91.61
Long-Term Investments	937.56	816.41	796.82	-	-	-
Long-Term Deferred Tax Assets	135.41	121.82	101.67	83.14	52.28	25.6
Long-Term Deferred Charges	4.02	4.85	0.62	0.58	0.66	0.64
Other Long-Term Assets	0.04	1.04	8.21	328.15	372.87	25.22
Total Assets	18,669	18,754	15,290	9,632	9,158	7,078
Accounts Payable	1,796	2,252	1,382	535.04	353.54	362.39
Accrued Expenses	7.8	31.38	27.99	30.22	27.14	17.3
Short-Term Debt	372.43	732.31	1,263	-	124.68	19.02
Current Portion of Long-Term Debt	1,273	798.1	839.28	727.78	725.05	493.19
Current Unearned Revenue	0.01	0.01	0.01	-	-	0.1
Current Portion of Leases	-	325.53	133.76	2.99	4.83	1.37
Current Income Taxes Payable	29.52	28.06	19.85	27.47	17.76	6.14
Other Current Liabilities	108.89	117.09	1.36	0.43	9.14	15.25
Total Current Liabilities	3,588	4,285	3,667	1,324	1,262	914.76
Long-Term Debt	8,463	7,810	6,813	5,300	4,972	4,207
Long-Term Leases	66.71	2,042	1,847	11.31	13.81	10.06
Long-Term Deferred Tax Liabilities	1.05	1.05	1.44	1.37	0.88	0
Other Long-Term Liabilities	1,863	99.57	44.63	47.36	40.4	1.48
Total Liabilities	13,982	14,237	12,373	6,684	6,289	5,134
Common Stock	933.33	933.33	933.33	933.33	933.33	700
Additional Paid-In Capital	1,297	1,297	1,237	1,246	1,246	752.6
Retained Earnings	852.44	807.42	738.21	762.69	686.28	490.47
Comprehensive Income & Other	7.21	5.46	2.15	-	2.21	-
Total Common Equity	3,090	3,043	2,911	2,942	2,867	1,943
Minority Interest	1,598	1,474	5.97	6.84	1.5	1.56
Shareholders' Equity	4,688	4,517	2,917	2,948	2,869	1,945
Total Liabilities & Equity	18,669	18,754	15,290	9,632	9,158	7,078
Total Debt	10,175	11,708	10,896	6,042	5,840	4,731
Net Cash (Debt)	-9,880	-11,341	-10,642	-5,594	-4,621	-4,164
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-12.45	-12.00	-10.60	-5.79	-5.89	-5.85
Filing Date Shares Outstanding	246.96	933.33	933.33	933.33	933.33	679.41
Total Common Shares Outstanding	246.96	933.33	933.33	933.33	933.33	679.41
Working Capital	-100.88	-801.11	-819.08	1,076	1,630	1,265
Book Value Per Share	12.51	3.26	3.12	3.15	3.07	2.86
Tangible Book Value	2,775	2,743	2,664	2,688	2,626	1,851
Tangible Book Value Per Share	11.24	2.94	2.85	2.88	2.81	2.73
Buildings	-	949.78	891.48	867.09	697.9	662.34
Machinery	-	9,753	7,176	6,891	5,259	4,947
Construction In Progress	-	5,839	5,399	594.84	1,116	360.56