SHE:002506 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	Dec '21 Dec 31, 2021
Cash & Equivalents	4,202	5,153	5,136	6,336	2,553	1,975
Trading Asset Securities	-	-	-	-	-	0.97
Cash & Short-Term Investments	4,202	5,153	5,136	6,336	2,553	1,976
Cash Growth	-18.04%	0.34%	-18.94%	148.17%	29.19%	-42.67%
Accounts Receivable	2,070	2,658	3,117	1,959	1,047	1,077
Other Receivables	378.24	496.15	366.59	535.27	584.48	1,054
Receivables	2,448	3,154	3,483	2,494	1,632	2,132
Inventory	1,483	1,025	1,293	1,484	1,302	933.76
Other Current Assets	374.18	399.73	466.71	513.26	531.95	431.26
Total Current Assets	8,507	9,732	10,379	10,827	6,019	5,473
Property, Plant & Equipment	5,931	5,934	6,217	5,729	2,154	1,882
Long-Term Investments	1,677	1,676	1,698	1,764	1,571	1,371
Goodwill	17.73	17.73	17.73	17.73	17.73	53.76
Other Intangible Assets	156.41	158.94	144.06	128.15	125.37	158.47
Long-Term Deferred Tax Assets	428.23	429.07	406.84	516.58	210.3	208.84
Long-Term Deferred Charges	29.21	29.71	36.94	66.86	63.28	70.87
Other Long-Term Assets	337.6	339.71	303.55	60.27	78.18	82.79
Total Assets	17,084	18,317	19,203	19,109	10,240	9,300
Accounts Payable	6,146	6,887	5,973	6,386	3,243	2,364
Accrued Expenses	119.44	553.32	687.34	612.91	327.23	309.81
Short-Term Debt	2,662	3,082	2,979	2,289	1,616	2,193
Current Portion of Long-Term Debt	-	70.02	269.95	28.03	-	-
Current Portion of Leases	-	202.23	212.29	164.48	48	27.51
Current Income Taxes Payable	14.74	0.26	13.81	5.49	0.85	1.91
Current Unearned Revenue	880.86	554.26	315.26	734.51	614.42	576.65
Other Current Liabilities	2,094	1,727	1,613	1,566	1,095	1,073
Total Current Liabilities	11,917	13,077	12,063	11,786	6,944	6,547
Long-Term Debt	225.89	1,783	1,349	1,410	504.18	9.99
Long-Term Leases	1,329	1,317	1,313	1,181	191.43	161.36
Long-Term Unearned Revenue	387.69	388.24	1,263	1,419	46.78	45.1
Pension & Post-Retirement Benefits	-	-	-	-	-	5.91
Long-Term Deferred Tax Liabilities	181.01	185.39	198.56	296.27	49.2	24.8
Other Long-Term Liabilities	2,102	436.56	632.41	594.62	237.24	153.84
Total Liabilities	16,143	17,187	16,820	16,686	7,973	6,948
Common Stock	5,850	5,850	5,850	5,850	5,850	5,850
Additional Paid-In Capital	4,313	4,313	4,331	4,398	4,397	4,452
Retained Earnings	-9,112	-8,925	-7,759	-7,827	-7,985	-8,041
Treasury Stock	-105.01	-105.01	-35.01	-	-	-
Comprehensive Income & Other	-5.64	-4.69	-4.95	3.14	3.76	-0.65
Total Common Equity	941.51	1,129	2,383	2,424	2,266	2,261
Minority Interest	0.22	0.22	-0.03	-0.99	0.04	91.08
Shareholders' Equity	941.73	1,130	2,383	2,423	2,266	2,352
Total Liabilities & Equity	17,084	18,317	19,203	19,109	10,240	9,300
Total Debt	4,217	6,455	6,123	5,072	2,360	2,392
Net Cash (Debt)	-15.31	-1,301	-987	1,264	193.46	-416
Net Cash Growth	-	-	-	553.20%	-	-
Net Cash Per Share	-0.00	-0.22	-0.17	0.22	0.03	-0.07
Filing Date Shares Outstanding	5,804	5,804	5,214	5,850	5,850	5,850
Total Common Shares Outstanding	5,804	5,804	5,214	5,850	5,850	5,850
Working Capital	-3,410	-3,345	-1,684	-958.66	-924.95	-1,074
Book Value Per Share	0.16	0.19	0.46	0.41	0.39	0.39
Tangible Book Value	767.37	952.64	2,221	2,278	2,123	2,049
Tangible Book Value Per Share	0.13	0.16	0.43	0.39	0.36	0.35
Buildings	-	798.44	789.78	756.13	755.37	848.19
Machinery	-	5,399	4,858	2,611	796.82	1,636
Construction In Progress	-	158.59	365.59	1,950	191.56	252.74

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