SHE:002426 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	192.61	266.63	265.17	377.72	514.24	392.68
Cash & Short-Term Investments	192.61	266.63	265.17	377.72	514.24	392.68
Cash Growth	-30.99%	0.55%	-29.80%	-26.55%	30.96%	-70.70%
Accounts Receivable	1,012	1,145	1,008	1,172	1,306	1,371
Other Receivables	2.38	22.02	321.93	672.76	1,093	823.42
Receivables	1,014	1,167	1,329	1,845	2,399	2,195
Inventory	957.48	958.25	875.25	811.99	832.89	928.38
Other Current Assets	178.56	166.78	185.52	187.27	168.58	270.05
Total Current Assets	2,343	2,559	2,655	3,222	3,914	3,786
Property, Plant & Equipment	2,133	2,202	2,506	2,644	2,827	3,141
Long-Term Investments	388.5	388.56	507.78	757.05	821.58	792.26
Goodwill	-	-	-	-	29.09	38.91
Other Intangible Assets	84.81	85.54	88.87	91.5	98.01	99.99
Long-Term Deferred Tax Assets	372.04	372.67	362.23	337.19	333.38	278.28
Long-Term Deferred Charges	104.37	94.95	109.69	131.44	159.72	173.57
Other Long-Term Assets	269.31	263.68	321.11	324.7	366.29	873.55
Total Assets	5,695	5,966	6,551	7,508	8,550	9,184
Accounts Payable	2,004	2,032	1,896	1,909	1,662	1,783
Accrued Expenses	87.6	109.73	102.78	110.87	86.9	182.06
Short-Term Debt	1,582	1,713	1,710	1,796	2,063	2,144
Current Portion of Long-Term Debt	270.96	142.57	101.81	50.01	131.66	150
Current Portion of Leases	-	34.68	24.84	-	4.57	9.56
Current Income Taxes Payable	9.65	0.16	0.15	0.45	1.14	0.45
Current Unearned Revenue	17.46	18.54	17.85	20.94	18.6	21.67
Other Current Liabilities	42.04	59.42	36.64	37.6	190.13	51.86
Total Current Liabilities	4,014	4,110	3,890	3,924	4,157	4,343
Long-Term Debt	-	100	115.51	150	49.8	132.5
Long-Term Leases	9.28	9.28	35.48	-	5.54	5.41
Long-Term Unearned Revenue	39.79	42.92	49.36	57.8	65.47	66.12
Other Long-Term Liabilities	-	-	-	-	-	83.75
Total Liabilities	4,064	4,262	4,090	4,132	4,278	4,630
Common Stock	3,403	3,403	3,403	3,442	3,442	3,442
Additional Paid-In Capital	3,741	3,741	3,741	3,806	3,760	3,760
Retained Earnings	-5,349	-5,273	-4,562	-3,824	-2,895	-2,647
Treasury Stock	-27.35	-27.35	-27.35	-61.74	-61.74	-61.74
Comprehensive Income & Other	-125.31	-128.56	-82.26	22.95	36.98	69.6
Total Common Equity	1,642	1,714	2,472	3,385	4,282	4,563
Minority Interest	-10.69	-10.53	-10.65	-9.2	-9.78	-9.32
Shareholders' Equity	1,631	1,703	2,461	3,376	4,272	4,553
Total Liabilities & Equity	5,695	5,966	6,551	7,508	8,550	9,184
Total Debt	1,863	1,999	1,988	1,996	2,254	2,442
Net Cash (Debt)	-1,670	-1,732	-1,722	-1,618	-1,740	-2,049
Net Cash Per Share	-0.49	-0.51	-0.51	-0.48	-0.52	-0.61
Filing Date Shares Outstanding	3,403	3,403	3,403	3,442	3,442	3,442
Total Common Shares Outstanding	3,403	3,403	3,403	3,442	3,442	3,442
Working Capital	-1,672	-1,551	-1,234	-702.77	-242.99	-556.85
Book Value Per Share	0.48	0.50	0.73	0.98	1.24	1.33
Tangible Book Value	1,557	1,628	2,383	3,293	4,154	4,424
Tangible Book Value Per Share	0.46	0.48	0.70	0.96	1.21	1.29
Buildings	-	1,465	1,463	1,458	1,415	1,593
Machinery	-	2,529	2,504	2,450	2,360	2,313
Construction In Progress	-	506.95	621.55	587.09	647.96	579.82

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