SHE:002513 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	617.97	895.39	408.13	457.34	24	84.57
Cash & Short-Term Investments	617.97	895.39	408.13	457.34	24	84.57
Cash Growth	11.63%	119.39%	-10.76%	1805.42%	-71.62%	-74.49%
Accounts Receivable	830.71	808.32	432.97	532.28	97.86	78.67
Other Receivables	59.68	62.7	113.7	207.84	77.23	187.04
Receivables	890.38	871.01	546.67	740.12	182.4	272.79
Inventory	210.31	297.07	182.44	167.77	98.05	132.7
Prepaid Expenses	-	-	-	-	0.88	-
Other Current Assets	289.08	233.35	170.31	210.44	54.94	55.98
Total Current Assets	2,008	2,297	1,308	1,576	360.27	546.04
Property, Plant & Equipment	1,722	1,785	1,754	1,526	868.19	935.6
Long-Term Investments	12.43	12.43	9.1	8.89	7.44	4.89
Other Intangible Assets	61.89	62.51	61.74	58.58	43.59	46.86
Long-Term Deferred Tax Assets	228.67	224.67	205.82	126.77	96.52	170.16
Long-Term Deferred Charges	14.69	15.34	0.81	0.53	0	0.02
Other Long-Term Assets	13.12	79.78	79.71	90.84	95.21	20.31
Total Assets	4,060	4,477	3,419	3,400	1,476	1,728
Accounts Payable	1,688	2,004	1,334	1,213	543.16	631.68
Accrued Expenses	12.16	31.15	29.93	30.83	34.24	23.52
Short-Term Debt	86.05	113.57	169.15	212.64	117.7	97.02
Current Portion of Long-Term Debt	129.03	78.92	33.77	-	-	-
Current Portion of Leases	-	3.49	0.89	0.67	0.57	0.33
Current Income Taxes Payable	10.59	1.2	0.9	19.78	0.25	0.24
Current Unearned Revenue	89.77	88.78	143.61	126.28	52.4	57.86
Other Current Liabilities	974.72	985.24	620.37	914.37	288.6	234.59
Total Current Liabilities	2,990	3,307	2,333	2,517	1,037	1,045
Long-Term Debt	361.76	344.06	422.64	408.46	-	-
Long-Term Leases	7.18	26.74	9.93	0.47	0.13	0.29
Long-Term Unearned Revenue	213.94	217.87	208.23	114.11	6.16	8.96
Long-Term Deferred Tax Liabilities	3.01	3.01	2.17	2.12	2.21	2.62
Other Long-Term Liabilities	136.65	223.65	130.21	106.3	72.54	4.21
Total Liabilities	3,713	4,122	3,106	3,149	1,118	1,061
Common Stock	375.59	375.59	375.28	373.94	373.94	340.09
Additional Paid-In Capital	2,350	2,339	2,136	1,898	1,902	1,825
Retained Earnings	-2,609	-2,594	-2,403	-2,151	-1,819	-1,498
Treasury Stock	-80.74	-80.74	-78.75	-101.55	-101.55	-
Comprehensive Income & Other	3.92	3.64	3.26	5.48	1.74	-0.25
Total Common Equity	40.09	43.69	32.54	25.22	357.59	666.64
Minority Interest	307.71	311.32	280.04	225.43	-0	-
Shareholders' Equity	347.8	355.01	312.58	250.66	357.59	666.64
Total Liabilities & Equity	4,060	4,477	3,419	3,400	1,476	1,728
Total Debt	584.01	566.78	636.37	622.24	118.4	97.64
Net Cash (Debt)	33.96	328.61	-228.23	-164.9	-94.4	-13.07
Net Cash Per Share	0.09	0.88	-0.62	-0.44	-0.25	-0.04
Filing Date Shares Outstanding	374.79	375.59	375.28	373.94	372.3	340.09
Total Common Shares Outstanding	374.79	375.59	375.28	373.94	372.3	340.09
Working Capital	-982.3	-1,010	-1,026	-941.8	-676.64	-499.2
Book Value Per Share	0.11	0.12	0.09	0.07	0.96	1.96
Tangible Book Value	-21.8	-18.82	-29.2	-33.35	314	619.78
Tangible Book Value Per Share	-0.06	-0.05	-0.08	-0.09	0.84	1.82
Buildings	-	1,139	1,278	866.63	667.45	686.42
Machinery	-	1,687	1,395	938.68	1,295	1,458
Construction In Progress	-	2.79	5.29	542.38	14.01	5.05

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