SHE:002383 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	635.61	705.4	499.05	974.95	465.21	655.08
Cash & Short-Term Investments	635.61	705.4	499.05	974.95	465.21	655.08
Cash Growth	25.23%	41.35%	-48.81%	109.57%	-28.98%	0.61%
Accounts Receivable	859.71	867.57	1,000	779.5	794.39	615.83
Other Receivables	34.28	28.73	45.82	80.5	734.41	204.81
Receivables	893.99	896.31	1,046	860	1,529	820.65
Inventory	372.96	344.48	362.49	397.8	610.89	666.46
Other Current Assets	99.03	66.37	79.32	48.56	169.27	136.33
Total Current Assets	2,002	2,013	1,987	2,281	2,774	2,279
Property, Plant & Equipment	150.3	157.82	165.59	196.53	206.27	205.54
Long-Term Investments	160.76	163.97	198.05	230.34	231.3	282.64
Goodwill	191.32	191.98	206.63	230.6	281.56	398.38
Other Intangible Assets	76.01	78.85	105.86	120.11	120.3	163.31
Long-Term Accounts Receivable	-	-	-	409.59	463.51	401.43
Long-Term Deferred Tax Assets	70.75	70.03	97.72	97.69	243.27	340.42
Long-Term Deferred Charges	109.08	107.55	65.65	28.48	22.19	35.2
Other Long-Term Assets	174.58	175.74	185.58	186.49	202.35	881.28
Total Assets	2,934	2,958	3,012	3,781	4,545	4,987
Accounts Payable	374.48	397.92	410.3	437.17	495.36	505.44
Accrued Expenses	62.13	74.93	132.83	143.29	129.89	151.56
Short-Term Debt	242.4	227.62	227.05	696.95	203.36	280.39
Current Portion of Long-Term Debt	69.84	58.7	52.98	42.87	1,641	84.85
Current Portion of Leases	-	-	13.48	20.61	22.63	25.83
Current Income Taxes Payable	35.5	36.64	9.56	16.84	20.52	15.69
Current Unearned Revenue	112.32	117.92	124.12	90.47	208.59	194.68
Other Current Liabilities	106.22	116.33	102.47	98.25	101.06	128.08
Total Current Liabilities	1,003	1,030	1,073	1,546	2,822	1,387
Long-Term Debt	300.51	271.46	152.5	203.79	198.23	1,834
Long-Term Leases	3.93	4	6.99	20.36	28.68	33.62
Long-Term Unearned Revenue	52.77	54.54	57.95	45.58	29.24	22.77
Pension & Post-Retirement Benefits	-	-	4.4	4.65	4.15	3.35
Long-Term Deferred Tax Liabilities	2.55	2.7	3.27	3.44	7.18	30.96
Other Long-Term Liabilities	36.32	40.61	19.9	9.43	7.4	1.82
Total Liabilities	1,399	1,403	1,318	1,834	3,097	3,313
Common Stock	740.36	740.36	740.36	740.36	740.36	740.36
Additional Paid-In Capital	2,961	2,961	2,961	2,961	2,961	2,439
Retained Earnings	-2,216	-2,217	-2,057	-1,835	-2,311	-1,550
Comprehensive Income & Other	15.74	31.36	18.66	26.05	-20.82	-33.22
Total Common Equity	1,501	1,516	1,663	1,892	1,369	1,596
Minority Interest	34.2	38.69	31.67	55.19	79	77.55
Shareholders' Equity	1,535	1,555	1,694	1,947	1,448	1,674
Total Liabilities & Equity	2,934	2,958	3,012	3,781	4,545	4,987
Total Debt	616.68	561.77	453	984.59	2,094	2,258
Net Cash (Debt)	18.93	143.63	46.04	-9.64	-1,628	-1,603
Net Cash Growth	-72.16%	211.93%	-	-	-	-
Net Cash Per Share	0.03	0.19	0.06	-0.01	-2.20	-2.17
Filing Date Shares Outstanding	705.42	742.93	740.36	740.36	740.36	740.36
Total Common Shares Outstanding	705.42	742.93	740.36	740.36	740.36	740.36
Working Capital	998.7	982.49	914.38	734.85	-47.92	892.01
Book Value Per Share	2.13	2.04	2.25	2.56	1.85	2.16
Tangible Book Value	1,234	1,246	1,350	1,542	967.09	1,035
Tangible Book Value Per Share	1.75	1.68	1.82	2.08	1.31	1.40
Buildings	-	-	84.52	84.52	90.47	98.35
Machinery	-	-	273.55	268.63	246.45	255.94
Construction In Progress	-	-	2.37	1.13	11.18	4.94

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