SHE:002219 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	248.76	393.49	471.53	601	559.38	2,033
Trading Asset Securities	2.8	2.86	6.56	-	-	-
Cash & Short-Term Investments	251.56	396.35	478.09	601	559.38	2,033
Cash Growth	-40.21%	-17.10%	-20.45%	7.44%	-72.49%	1084.46%
Accounts Receivable	1,282	1,234	1,214	1,064	771.31	568.98
Other Receivables	110.47	101.74	99.13	117.91	138.28	141.28
Receivables	1,393	1,336	1,313	1,182	909.59	710.26
Inventory	174.85	151.26	202.35	227.57	166.29	185.27
Other Current Assets	29.63	24.76	31.44	38.88	164.62	95.15
Total Current Assets	1,849	1,908	2,025	2,050	1,800	3,024
Property, Plant & Equipment	2,923	2,944	2,862	2,717	2,471	2,309
Long-Term Investments	6.01	6.01	6.12	6.87	5.9	6.11
Goodwill	1,113	1,112	1,112	1,112	884.1	884.1
Other Intangible Assets	395.57	398.48	405.91	420	265.6	271.34
Long-Term Deferred Tax Assets	179.26	183.9	159.16	163.13	152.23	126.17
Long-Term Deferred Charges	68.47	63.5	71.27	97	66.21	69.18
Other Long-Term Assets	33.86	30.97	35.73	25	12.56	0.68
Total Assets	6,568	6,647	6,677	6,591	5,657	6,690
Accounts Payable	1,474	1,498	1,544	1,517	1,163	1,000
Accrued Expenses	116.96	132.92	158.72	153.7	162.4	310.5
Short-Term Debt	929.24	991.54	1,148	1,261	589.32	1,510
Current Portion of Long-Term Debt	391.26	409.12	185.31	137.48	116.32	-
Current Portion of Leases	-	-	45.68	80.26	95.06	37.13
Current Income Taxes Payable	23.32	40.37	2.53	13.9	31.37	31.18
Current Unearned Revenue	5.44	6.78	8.36	5.18	3.09	5.65
Other Current Liabilities	524.66	461.9	461.92	284.05	1,167	1,663
Total Current Liabilities	3,464	3,541	3,554	3,452	3,327	4,558
Long-Term Debt	433.08	397.28	494.89	722.24	410.49	279.96
Long-Term Leases	50.97	74.8	97.94	203.06	76.63	125.84
Long-Term Unearned Revenue	2.16	2.22	1.39	2.88	2.27	2.25
Long-Term Deferred Tax Liabilities	44.27	48.14	43.52	32.7	55.48	49.39
Other Long-Term Liabilities	542.26	572.42	444.47	5.05	19.56	88.33
Total Liabilities	4,537	4,636	4,636	4,418	3,892	5,104
Common Stock	3,452	3,387	3,387	3,411	3,264	1,865
Additional Paid-In Capital	1,564	1,538	1,598	1,937	1,422	2,807
Retained Earnings	-2,784	-2,805	-2,834	-2,943	-2,963	-3,120
Treasury Stock	-258.85	-166.95	-166.95	-284.39	-	-
Total Common Equity	1,973	1,954	1,985	2,120	1,723	1,553
Minority Interest	58.23	58.29	55.75	52.72	42.35	32.98
Shareholders' Equity	2,031	2,012	2,041	2,173	1,766	1,586
Total Liabilities & Equity	6,568	6,647	6,677	6,591	5,657	6,690
Total Debt	1,805	1,873	1,971	2,404	1,288	1,953
Net Cash (Debt)	-1,553	-1,476	-1,493	-1,803	-728.45	80.15
Net Cash Per Share	-0.47	-0.45	-0.45	-0.55	-0.22	0.04
Filing Date Shares Outstanding	3,411	3,044	2,935	3,411	3,264	1,865
Total Common Shares Outstanding	3,411	3,044	2,935	3,411	3,264	1,865
Working Capital	-1,616	-1,633	-1,529	-1,402	-1,527	-1,535
Book Value Per Share	0.58	0.64	0.68	0.62	0.53	0.83
Tangible Book Value	464.01	442.89	466.83	587.82	573.46	397.63
Tangible Book Value Per Share	0.14	0.15	0.16	0.17	0.18	0.21
Buildings	-	-	1,909	1,859	1,800	1,444
Machinery	-	-	1,539	1,501	1,263	1,299
Construction In Progress	-	-	805.9	646.79	528.62	666.26

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