SHE:002480 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	839.08	1,293	1,230	1,921	1,335	950.83
Cash & Short-Term Investments	839.08	1,293	1,230	1,921	1,335	950.83
Cash Growth	-38.65%	5.14%	-35.99%	43.93%	40.38%	-42.43%
Accounts Receivable	3,214	3,062	3,538	2,359	1,951	1,985
Other Receivables	199.35	463.64	605.38	424.97	362.31	345.94
Receivables	3,413	3,526	4,144	2,784	2,313	2,331
Inventory	331.98	307.98	264.44	599.45	455.53	477.76
Other Current Assets	279.55	24.43	469.28	13.99	22.41	44.49
Total Current Assets	4,864	5,151	6,107	5,319	4,126	3,804
Property, Plant & Equipment	6,855	6,904	7,234	6,540	5,749	5,353
Long-Term Investments	17.12	16.97	310.31	351.94	375.4	408.73
Goodwill	3.32	3.32	3.32	3.32	3.32	3.32
Other Intangible Assets	665.9	683.26	743.91	671.52	763.56	437.79
Long-Term Deferred Tax Assets	151.87	153.16	122.73	127.21	142.78	157
Long-Term Deferred Charges	290.79	292.86	125.04	169.47	133.17	465.08
Other Long-Term Assets	226.39	229.69	238.97	263.46	493.17	381.74
Total Assets	13,074	13,435	14,885	13,446	11,786	11,010
Accounts Payable	2,550	2,648	3,195	2,634	1,510	1,073
Accrued Expenses	67.06	265.91	279.29	351.44	347.55	109.8
Short-Term Debt	350.23	250.19	716.28	610.63	397.15	892.22
Current Portion of Long-Term Debt	1,007	1,011	2,333	1,473	430.24	614.52
Current Portion of Leases	-	216.36	335.08	361.64	503.22	564.57
Current Income Taxes Payable	16.83	2.36	23.75	12.31	5.74	5.02
Current Unearned Revenue	2.65	2.26	3.72	3.5	6.93	7.55
Other Current Liabilities	278.63	118.09	446.88	52.55	569.75	187.82
Total Current Liabilities	4,273	4,514	7,333	5,498	3,771	3,455
Long-Term Debt	6,198	6,378	4,620	4,449	3,931	1,647
Long-Term Leases	175.41	373.47	604.42	838	1,167	1,492
Long-Term Unearned Revenue	36.19	36.55	32.91	35.79	30.3	25.99
Long-Term Deferred Tax Liabilities	41.58	42.32	39.12	44.65	44.43	32.46
Other Long-Term Liabilities	272.47	2.03	4.5	4.5	-	-
Total Liabilities	10,997	11,347	12,634	10,870	8,943	6,653
Common Stock	769.17	769.17	769.17	769.17	769.17	769.17
Additional Paid-In Capital	1,716	1,716	1,725	1,711	1,704	2,679
Retained Earnings	-1,661	-1,623	-1,455	-1,045	-703.07	-87.32
Comprehensive Income & Other	-17.07	-17.58	-20.81	-12.1	-7.27	-42.77
Total Common Equity	806.65	844.08	1,019	1,423	1,762	3,318
Minority Interest	1,271	1,244	1,232	1,153	1,081	1,040
Shareholders' Equity	2,077	2,088	2,251	2,576	2,843	4,358
Total Liabilities & Equity	13,074	13,435	14,885	13,446	11,786	11,010
Total Debt	7,731	8,230	8,609	7,732	6,428	5,211
Net Cash (Debt)	-6,892	-6,936	-7,379	-5,811	-5,094	-4,260
Net Cash Per Share	-8.96	-9.02	-9.59	-7.56	-6.62	-5.54
Filing Date Shares Outstanding	769.53	769.17	769.17	769.17	769.17	769.17
Total Common Shares Outstanding	769.53	769.17	769.17	769.17	769.17	769.17
Working Capital	590.55	637.03	-1,225	-179.66	354.92	349.11
Book Value Per Share	1.05	1.10	1.33	1.85	2.29	4.31
Tangible Book Value	137.43	157.5	271.97	747.84	995.54	2,877
Tangible Book Value Per Share	0.18	0.20	0.35	0.97	1.29	3.74
Buildings	-	2,021	1,975	1,940	1,942	1,273
Machinery	-	6,746	6,658	4,736	4,448	3,922
Construction In Progress	-	102.7	272.61	1,246	473.4	1,064

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