SHE:002157 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	2,631	3,120	3,321	2,442	783.8	5,133
Cash & Short-Term Investments	2,631	3,120	3,321	2,442	783.8	5,133
Cash Growth	-18.02%	-6.05%	35.97%	211.58%	-84.73%	-60.65%
Accounts Receivable	172.06	87.2	82.27	122.36	189.23	391.72
Other Receivables	207.25	181.28	341.41	379.35	678	849.18
Receivables	379.31	268.48	423.68	501.72	867.23	1,241
Inventory	2,210	2,292	2,009	1,230	2,360	7,329
Other Current Assets	306.36	195.82	129.67	121.11	209.83	1,401
Total Current Assets	5,526	5,876	5,883	4,295	4,221	15,104
Property, Plant & Equipment	13,276	13,202	12,456	12,557	18,194	29,925
Long-Term Investments	168.04	180.36	248.18	200.8	272.49	187.45
Other Intangible Assets	220.23	222.12	237.13	257.3	331.25	376.17
Long-Term Deferred Tax Assets	10.65	10.86	12.03	18.66	23.08	16.68
Long-Term Deferred Charges	52.49	54.85	64.02	96.88	192.64	309.87
Other Long-Term Assets	55.45	67.15	100.42	69.24	239.09	647.97
Total Assets	19,309	19,613	19,000	17,494	23,473	46,567
Accounts Payable	2,342	2,495	1,672	1,622	5,200	5,098
Accrued Expenses	193.28	182.76	228.42	267.66	670.9	203.87
Short-Term Debt	7.51	7.51	177.98	358.81	12,754	13,879
Current Portion of Long-Term Debt	581.69	581.69	167.4	127.9	4,026	2,882
Current Portion of Leases	-	-	158.61	141.77	1,268	1,144
Current Income Taxes Payable	17.32	24.78	8.47	12.39	8.67	26.59
Current Unearned Revenue	133.25	120.95	94.69	57.31	114.43	221.04
Other Current Liabilities	3,398	3,228	2,757	2,003	3,442	8,117
Total Current Liabilities	6,673	6,641	5,265	4,591	27,484	31,573
Long-Term Debt	5.19	5.19	47.87	187.31	3,785	5,287
Long-Term Leases	1,287	1,222	1,281	1,507	2,343	6,076
Long-Term Unearned Revenue	55.18	51.79	51.78	54.43	87.95	119.7
Long-Term Deferred Tax Liabilities	14.01	14.44	11.91	15.83	14.29	1.13
Other Long-Term Liabilities	2,060	1,893	2,162	3,086	1,115	65.4
Total Liabilities	10,095	9,828	8,819	9,441	34,829	43,121
Common Stock	9,250	9,250	9,250	9,250	3,137	3,138
Additional Paid-In Capital	18,935	18,917	18,888	18,274	13,733	11,559
Retained Earnings	-17,476	-17,062	-16,515	-16,732	-25,260	-11,866
Treasury Stock	-40.76	-27.59	-55.18	-696.26	-495.41	-1,050
Comprehensive Income & Other	-222.37	-189.63	-147.05	-98.27	155.99	256.94
Total Common Equity	10,446	10,888	11,420	9,998	-8,730	2,038
Minority Interest	-1,232	-1,102	-1,239	-1,945	-2,626	1,407
Shareholders' Equity	9,214	9,786	10,181	8,053	-11,356	3,446
Total Liabilities & Equity	19,309	19,613	19,000	17,494	23,473	46,567
Total Debt	1,881	1,817	1,833	2,322	24,175	29,268
Net Cash (Debt)	749.35	1,303	1,488	119.8	-23,392	-24,135
Net Cash Growth	-47.65%	-12.42%	1141.89%	-	-	-
Net Cash Per Share	0.08	0.14	0.16	0.04	-7.48	-7.70
Filing Date Shares Outstanding	10,359	9,431	9,238	2,631	3,098	3,099
Total Common Shares Outstanding	10,359	9,431	9,238	2,631	3,098	3,099
Working Capital	-1,147	-764.85	618.45	-296.65	-23,263	-16,469
Book Value Per Share	1.01	1.15	1.24	3.80	-2.82	0.66
Tangible Book Value	10,226	10,666	11,183	9,741	-9,061	1,662
Tangible Book Value Per Share	0.99	1.13	1.21	3.70	-2.92	0.54
Buildings	-	-	7,432	7,524	11,049	14,775
Machinery	-	-	3,109	3,008	4,156	4,989
Construction In Progress	-	-	3,512	3,268	4,063	3,823

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