SHE:002084 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	652.96	699.93	506.91	618.42	616.45	577.2
Trading Asset Securities	60.83	22.24	140	-	0.89	10.25
Cash & Short-Term Investments	713.79	722.17	646.91	618.42	617.34	587.45
Cash Growth	-6.61%	11.63%	4.61%	0.18%	5.09%	1.42%
Accounts Receivable	438.89	463.38	695.96	778.83	905.52	1,122
Other Receivables	89.93	91.49	21.31	22.1	25.98	29.97
Receivables	528.82	554.88	717.27	800.92	931.49	1,152
Inventory	616.5	712.13	810.01	786.57	919.22	1,091
Other Current Assets	98.34	89.26	79.2	58.46	57.95	117.31
Total Current Assets	1,957	2,078	2,253	2,264	2,526	2,948
Property, Plant & Equipment	727.94	748.28	969.94	992.34	1,032	998.9
Long-Term Investments	70.48	66.68	66.32	64.3	123.93	132.24
Goodwill	-	-	-	-	6.17	6.17
Other Intangible Assets	85.12	86.41	129.38	136.51	144.41	143.65
Long-Term Deferred Tax Assets	25.76	25.07	21.85	32.35	25.68	23.56
Long-Term Deferred Charges	48.28	52.58	43.55	50.69	55.46	66.93
Other Long-Term Assets	0.94	1.01	12.31	157.71	280.92	301.44
Total Assets	2,916	3,058	3,497	3,698	4,194	4,621
Accounts Payable	426.7	532.02	684.03	577.91	578.31	736.93
Accrued Expenses	35.49	70.27	91.78	53.72	53.45	60.72
Short-Term Debt	194.93	159.11	264.44	242.6	300.94	644.75
Current Portion of Long-Term Debt	376.26	405.75	67.74	525.43	161.4	221.17
Current Portion of Leases	-	10.22	15.75	14.5	12.12	17.01
Current Income Taxes Payable	6.59	5.55	18.17	19.79	18.89	17.93
Current Unearned Revenue	24.22	25.67	52.15	47.77	70.7	81.06
Other Current Liabilities	144.51	64.23	123.63	183.37	177.98	296.7
Total Current Liabilities	1,209	1,273	1,318	1,665	1,374	2,076
Long-Term Debt	163.9	205.39	495.81	153.66	631.23	285.02
Long-Term Leases	56.31	56.59	71.35	82.1	65.87	97.45
Long-Term Unearned Revenue	2.53	2.65	15.9	18.84	21.78	24.73
Long-Term Deferred Tax Liabilities	2.12	2.08	2.79	12.52	4.06	5.82
Other Long-Term Liabilities	2.47	2.47	0.64	-	-	105.6
Total Liabilities	1,436	1,542	1,904	1,932	2,097	2,595
Common Stock	646.06	646.06	646.06	650.86	650.86	607.81
Additional Paid-In Capital	378.2	378.2	372.87	398.1	398.1	508.11
Retained Earnings	396.7	419.21	537.3	680.38	912.91	865.5
Treasury Stock	-40.44	-40.44	-16.93	-30	-30	-96.35
Comprehensive Income & Other	-85.21	-75.99	-61.79	-68.12	-66.38	-64.7
Total Common Equity	1,295	1,327	1,478	1,631	1,865	1,820
Minority Interest	184.65	189.44	115.02	134.86	231.88	205.65
Shareholders' Equity	1,480	1,516	1,593	1,766	2,097	2,026
Total Liabilities & Equity	2,916	3,058	3,497	3,698	4,194	4,621
Total Debt	791.4	837.06	915.09	1,018	1,172	1,265
Net Cash (Debt)	-77.61	-114.89	-268.19	-399.87	-554.21	-677.95
Net Cash Per Share	-0.12	-0.18	-0.41	-0.62	-0.86	-1.04
Filing Date Shares Outstanding	646.82	633.39	639.92	642.03	646.06	648.67
Total Common Shares Outstanding	646.82	633.39	639.92	646.06	646.06	648.67
Working Capital	748.77	805.62	935.69	599.29	1,152	871.76
Book Value Per Share	2.00	2.10	2.31	2.52	2.89	2.81
Tangible Book Value	1,210	1,241	1,348	1,495	1,715	1,671
Tangible Book Value Per Share	1.87	1.96	2.11	2.31	2.65	2.58
Buildings	-	697.81	825.72	744.96	751.16	566.29
Machinery	-	1,019	1,298	1,343	1,325	1,223
Construction In Progress	-	38.1	61.37	97.14	95.63	234.96

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