SHE:002542 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	313.3	408.55	457.23	884.34	578.89	1,017
Cash & Short-Term Investments	313.3	408.55	457.23	884.34	578.89	1,017
Cash Growth	23.81%	-10.65%	-48.30%	52.76%	-43.06%	-17.94%
Accounts Receivable	2,217	2,413	3,294	4,967	5,381	6,456
Other Receivables	34.98	34.32	58.72	77.91	58.14	59.58
Receivables	2,252	2,447	3,352	5,045	5,439	6,515
Inventory	24.82	23	28.27	44.63	109.95	87.02
Other Current Assets	89.32	75.47	91.65	119.61	95.89	140.47
Total Current Assets	2,679	2,954	3,930	6,094	6,224	7,759
Property, Plant & Equipment	755.55	787.95	901	1,078	1,114	1,217
Long-Term Investments	341.31	336.79	342.46	320.31	316.18	291.58
Goodwill	-	-	24.23	88.42	156.92	301.86
Other Intangible Assets	137.16	137.83	143.41	150.36	162.3	174.28
Long-Term Deferred Tax Assets	391.08	393.53	544.58	432.78	307.03	207.18
Long-Term Deferred Charges	3.51	2.79	3.33	4.4	5.98	10.67
Other Long-Term Assets	133.28	133.88	163.87	172.51	193.28	184.75
Total Assets	4,441	4,747	6,052	8,341	8,479	10,146
Accounts Payable	1,394	1,657	2,050	2,056	1,905	2,229
Accrued Expenses	57.23	260.98	241.01	413.44	393.14	381.54
Short-Term Debt	345.68	606.2	589.99	763.19	1,373	1,941
Current Portion of Long-Term Debt	1,072	1,023	795.36	609.23	860.27	0.07
Current Portion of Leases	-	29.86	20.74	15.2	4.43	4.9
Current Income Taxes Payable	169.41	0.13	0.22	0.16	3.32	7.44
Current Unearned Revenue	90.66	78.89	101.17	83.91	120.88	210.35
Other Current Liabilities	297.22	304.92	296.34	313.85	214.35	238.13
Total Current Liabilities	3,427	3,962	4,095	4,255	4,874	5,012
Long-Term Debt	1,161	894.45	1,099	1,806	584.73	1,415
Long-Term Leases	2.64	8.66	22.52	9.7	6.83	11.2
Long-Term Unearned Revenue	-	-	0.01	0.07	0.2	0.37
Long-Term Deferred Tax Liabilities	1.57	3.4	9.76	18.53	23.96	26.62
Other Long-Term Liabilities	6.44	8.72	-	-	-	-
Total Liabilities	4,599	4,877	5,226	6,089	5,490	6,465
Common Stock	1,806	1,806	1,806	1,806	1,806	1,805
Additional Paid-In Capital	913.67	913.67	913.67	777.36	777.33	776.53
Retained Earnings	-2,819	-2,776	-1,825	-440.98	298.41	1,007
Comprehensive Income & Other	-62.88	-74.9	-77.2	93.17	78.68	67.68
Total Common Equity	-161.68	-131.52	817.36	2,235	2,960	3,656
Minority Interest	3.62	1.82	8.93	16.52	28.93	24.94
Shareholders' Equity	-158.06	-129.7	826.29	2,252	2,989	3,681
Total Liabilities & Equity	4,441	4,747	6,052	8,341	8,479	10,146
Total Debt	2,582	2,563	2,528	3,203	2,829	3,372
Net Cash (Debt)	-2,269	-2,154	-2,070	-2,319	-2,250	-2,355
Net Cash Per Share	-1.20	-1.20	-1.15	-1.29	-1.24	-1.27
Filing Date Shares Outstanding	2,109	1,806	1,806	1,806	1,806	1,805
Total Common Shares Outstanding	2,109	1,806	1,806	1,806	1,806	1,805
Working Capital	-747.87	-1,007	-165.35	1,839	1,349	2,747
Book Value Per Share	-0.08	-0.07	0.45	1.24	1.64	2.03
Tangible Book Value	-298.85	-269.35	649.72	1,996	2,641	3,180
Tangible Book Value Per Share	-0.14	-0.15	0.36	1.11	1.46	1.76
Buildings	-	566.92	570.56	570.63	364.39	355.08
Machinery	-	1,759	1,824	1,910	1,890	2,032
Construction In Progress	-	-	0.12	0.45	212.11	202.25

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