SHE:002163 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	747.55	913.59	1,181	1,248	1,077	826.7
Trading Asset Securities	3.19	4.69	3.33	3.26	4.42	3.46
Cash & Short-Term Investments	750.74	918.28	1,185	1,251	1,082	830.16
Cash Growth	-7.40%	-22.48%	-5.32%	15.67%	30.29%	-9.17%
Accounts Receivable	2,094	2,224	2,226	2,019	2,008	1,850
Other Receivables	317.46	252.62	130.2	39.46	25.37	24.03
Receivables	2,411	2,477	2,356	2,058	2,034	1,874
Inventory	245.92	245.69	127.23	210.79	155.77	177.33
Prepaid Expenses	-	-	102.53	55.76	-	29.81
Other Current Assets	200.15	183.04	47.11	131.69	204.07	138.12
Total Current Assets	3,608	3,824	3,818	3,707	3,475	3,049
Property, Plant & Equipment	621.63	695.28	797.04	1,021	1,181	1,277
Long-Term Investments	310.4	308.46	278.98	281.04	111.55	108.68
Goodwill	185.53	185.53	-	-	-	-
Other Intangible Assets	117.24	139.35	80.24	79.79	119.94	122.21
Long-Term Deferred Tax Assets	243.9	245.65	280.73	317.29	335.04	201.31
Long-Term Deferred Charges	10.77	11.11	10.49	9.07	11.74	12.94
Other Long-Term Assets	780.85	781.11	885.95	994.2	1,036	1,035
Total Assets	5,878	6,191	6,151	6,410	6,271	5,806
Accounts Payable	2,336	2,598	2,857	2,939	2,930	2,690
Accrued Expenses	26.6	78.88	77.73	74.15	51.89	26.68
Short-Term Debt	731.77	653.47	640.06	468.61	419.3	859.14
Current Portion of Long-Term Debt	47.88	54.63	128.2	98.62	28.08	7.6
Current Portion of Leases	-	-	7.21	8.85	32.92	82.02
Current Income Taxes Payable	26.37	28.2	-	0.96	-	1.22
Current Unearned Revenue	207.86	213.2	97.77	115.69	97.01	42.23
Other Current Liabilities	237.05	276.6	260.28	65.18	69.96	76.6
Total Current Liabilities	3,614	3,903	4,068	3,771	3,629	3,786
Long-Term Debt	370.82	366.92	-	57.18	95.73	23.73
Long-Term Leases	29.8	26.16	8.07	19.55	58.7	32.79
Long-Term Unearned Revenue	22.49	54.13	56.45	50.41	43.47	43.17
Long-Term Deferred Tax Liabilities	192.08	192.72	216.19	249.99	260.6	152.06
Other Long-Term Liabilities	730.58	730.81	672.06	666.93	670.15	664.8
Total Liabilities	4,960	5,274	5,021	4,815	4,758	4,702
Common Stock	844.96	844.96	844.96	844.96	844.96	803.55
Additional Paid-In Capital	990.95	990.84	990.85	987.27	976.8	430.57
Retained Earnings	-1,241	-1,238	-765.33	-385.97	-477.55	-332.86
Total Common Equity	594.47	598.3	1,070	1,446	1,344	901.25
Minority Interest	324.04	318.07	59.76	148.83	169.13	202.32
Shareholders' Equity	918.51	916.36	1,130	1,595	1,513	1,104
Total Liabilities & Equity	5,878	6,191	6,151	6,410	6,271	5,806
Total Debt	1,180	1,101	783.54	652.81	634.73	1,005
Net Cash (Debt)	-429.53	-182.89	401.01	598.25	446.85	-175.11
Net Cash Growth	-	-	-32.97%	33.88%	-	-
Net Cash Per Share	-	-0.22	0.48	0.72	0.53	-0.22
Filing Date Shares Outstanding	-	827.41	844.96	844.96	844.96	803.55
Total Common Shares Outstanding	-	827.41	844.96	844.96	844.96	803.55
Working Capital	-6.05	-79.4	-250.43	-63.62	-154.04	-736.21
Book Value Per Share	-	0.72	1.27	1.71	1.59	1.12
Tangible Book Value	291.7	273.41	990.24	1,366	1,224	779.04
Tangible Book Value Per Share	-	0.33	1.17	1.62	1.45	0.97
Buildings	-	-	733.77	733.62	795	793.29
Machinery	-	-	990.62	1,248	1,255	1,238
Construction In Progress	-	-	1.24	2.21	8.66	3.93

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