SHE:002455 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	1,036	647.3	774.49	756.74	1,021	866.29
Cash & Short-Term Investments	1,036	647.3	774.49	756.74	1,021	866.29
Cash Growth	-9.07%	-16.42%	2.34%	-25.86%	17.82%	49.98%
Accounts Receivable	460.77	402.64	555.27	412.81	473.63	597.84
Other Receivables	20.03	81.03	49.77	48.09	35.22	0.67
Receivables	480.8	483.67	605.04	460.9	508.85	598.51
Inventory	1,883	1,605	1,044	1,228	1,316	727.49
Other Current Assets	136.3	65.8	71.12	46.38	180.86	289.32
Total Current Assets	3,537	2,802	2,495	2,492	3,026	2,482
Property, Plant & Equipment	8,089	8,198	8,337	8,106	6,070	4,036
Long-Term Investments	14.98	15	16.33	13.77	21.38	21.61
Goodwill	-	-	-	-	1.98	1.98
Other Intangible Assets	234.2	237.32	253.2	257.55	247.81	255.4
Long-Term Deferred Tax Assets	159.09	170.01	127.93	126.18	38.92	23.67
Long-Term Deferred Charges	324.67	330.34	382.21	393.85	345.81	-
Other Long-Term Assets	23.27	22.84	49.41	51.46	318.16	377.3
Total Assets	12,382	11,775	11,661	11,441	10,070	7,197
Accounts Payable	2,323	2,297	1,824	2,201	1,614	1,414
Accrued Expenses	30.17	49.82	61.96	50.34	38.6	32.01
Short-Term Debt	3,822	3,568	3,313	2,896	2,423	1,640
Current Portion of Long-Term Debt	957.06	599.05	851.45	399.8	329.84	106.18
Current Income Taxes Payable	13.79	0.01	28.31	0.24	4.25	18.44
Current Unearned Revenue	116.9	67.09	53.27	32.14	51.07	44.66
Other Current Liabilities	22.2	496.07	685.5	267.22	19.86	10.38
Total Current Liabilities	7,285	7,078	6,818	5,846	4,481	3,266
Long-Term Debt	1,271	2,030	1,930	2,421	1,961	1,049
Long-Term Leases	-	563.8	701.92	388.26	-	-
Long-Term Unearned Revenue	80.73	72.68	36.73	37.74	41.67	29.77
Long-Term Deferred Tax Liabilities	40.08	50.75	62.01	4.1	3.89	5.54
Other Long-Term Liabilities	843.79	52.74	-136.09	359.47	595.6	400
Total Liabilities	9,520	9,848	9,412	9,057	7,083	4,750
Common Stock	722.46	594.26	594.25	593.17	593.17	565.95
Additional Paid-In Capital	1,796	831.1	822.04	811.79	823.07	677.77
Retained Earnings	221.72	203.17	346.61	237.94	733.72	627.56
Comprehensive Income & Other	1.76	162.54	159.54	219.37	222.34	35.21
Total Common Equity	2,742	1,791	1,922	1,862	2,372	1,906
Minority Interest	119.52	135.96	325.82	522.11	614.79	540.31
Shareholders' Equity	2,862	1,927	2,248	2,384	2,987	2,447
Total Liabilities & Equity	12,382	11,775	11,661	11,441	10,070	7,197
Total Debt	6,050	6,762	6,796	6,105	4,714	2,796
Net Cash (Debt)	-5,014	-6,114	-6,022	-5,348	-3,693	-1,930
Net Cash Per Share	-8.32	-10.21	-8.31	-9.06	-5.98	-3.42
Filing Date Shares Outstanding	618.11	594.26	594.25	593.17	593.17	565.95
Total Common Shares Outstanding	618.11	594.26	594.25	593.17	593.17	565.95
Working Capital	-3,748	-4,276	-4,323	-3,354	-1,454	-784.18
Book Value Per Share	4.44	3.01	3.24	3.14	4.00	3.37
Tangible Book Value	2,508	1,554	1,669	1,605	2,123	1,649
Tangible Book Value Per Share	4.06	2.61	2.81	2.71	3.58	2.91
Buildings	-	2,472	1,588	1,484	1,240	1,080
Machinery	-	7,566	5,671	4,614	3,270	2,475
Construction In Progress	-	902.55	3,267	3,663	2,871	1,521

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