SHE:002547 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	217.4	235.69	381.12	612.81	891.23	971.92
Short-Term Investments	-	-	-	-	139.29	140
Trading Asset Securities	1.5	1.5	-	2	3	5
Cash & Short-Term Investments	218.9	237.19	381.12	614.81	1,034	1,117
Cash Growth	-41.52%	-37.76%	-38.01%	-40.51%	-7.47%	2.49%
Accounts Receivable	468.06	805.51	701.47	713.93	977.8	954.36
Other Receivables	63.94	112.56	60.14	103.02	258.67	544.09
Receivables	532	918.07	761.61	816.95	1,236	1,514
Inventory	414.09	434.33	448.86	389.69	485.31	434.47
Prepaid Expenses	-	2.4	5.28	4	3.19	2.22
Other Current Assets	579.96	516.16	507.87	102.48	130.87	150.18
Total Current Assets	1,745	2,108	2,105	1,928	2,889	3,218
Property, Plant & Equipment	1,688	1,699	1,850	1,699	1,490	1,651
Long-Term Investments	132.84	134.57	137.1	138.19	138.91	226.41
Other Intangible Assets	113.02	113.49	116.63	127.41	132.34	140.31
Long-Term Accounts Receivable	-	-	-	0.08	6.81	42.24
Long-Term Deferred Tax Assets	231.54	225.14	289.85	260.17	214.76	165.46
Long-Term Deferred Charges	26.15	28.51	39.05	36.57	25.69	60.63
Other Long-Term Assets	282.1	309.34	312.15	736.74	763.87	699.98
Total Assets	4,219	4,618	4,900	4,926	5,662	6,205
Accounts Payable	1,254	1,492	1,434	1,531	2,199	2,533
Accrued Expenses	48.11	83.61	85.55	55.63	73.49	71.94
Short-Term Debt	1,620	1,634	1,763	1,619	1,421	1,492
Current Portion of Long-Term Debt	1,033	186.07	175.03	154.03	56.58	7.57
Current Portion of Leases	-	850.03	857.18	26.2	3.77	11.12
Current Income Taxes Payable	15.48	2.34	0.46	0.11	0.05	0.13
Current Unearned Revenue	35.8	36.09	5.95	2.22	2.12	3.13
Other Current Liabilities	142.04	206.18	112.75	95.14	190.56	179.91
Total Current Liabilities	4,148	4,490	4,434	3,483	3,947	4,299
Long-Term Debt	175.31	177.46	176.62	202.55	273.97	197.64
Long-Term Leases	10.76	36.55	53.61	852.5	810.42	837.5
Long-Term Unearned Revenue	198.42	202.98	149.28	97.89	92.7	122.45
Long-Term Deferred Tax Liabilities	4.77	6.63	8.3	9.55	3.73	3.96
Other Long-Term Liabilities	107.91	82.14	6.12	6.33	1.9	22.38
Total Liabilities	4,645	4,996	4,828	4,652	5,129	5,483
Common Stock	1,128	1,128	1,128	1,128	1,128	1,128
Additional Paid-In Capital	1,434	1,434	1,434	1,434	1,434	1,434
Retained Earnings	-3,000	-2,950	-2,512	-2,313	-2,065	-1,922
Comprehensive Income & Other	0.78	-0.75	-1.33	-5.83	-6.75	-11.75
Total Common Equity	-437.01	-388.48	48.63	243.16	490.32	628.55
Minority Interest	10.27	10.95	23.96	30.96	42.47	93.36
Shareholders' Equity	-426.74	-377.53	72.59	274.13	532.79	721.91
Total Liabilities & Equity	4,219	4,618	4,900	4,926	5,662	6,205
Total Debt	2,839	2,884	3,026	2,855	2,566	2,546
Net Cash (Debt)	-2,620	-2,647	-2,645	-2,240	-1,532	-1,429
Net Cash Per Share	-2.32	-2.35	-2.34	-1.99	-1.36	-1.27
Filing Date Shares Outstanding	1,128	1,128	1,128	1,128	1,128	1,128
Total Common Shares Outstanding	1,128	1,128	1,128	1,128	1,128	1,128
Working Capital	-2,403	-2,382	-2,329	-1,555	-1,057	-1,081
Book Value Per Share	-0.39	-0.34	0.04	0.22	0.43	0.56
Tangible Book Value	-550.03	-501.97	-68	115.76	357.98	488.24
Tangible Book Value Per Share	-0.49	-0.44	-0.06	0.10	0.32	0.43
Buildings	-	914.22	909.49	906.93	908.51	907.29
Machinery	-	1,983	1,954	1,592	1,594	1,673
Construction In Progress	-	143.33	294.5	431.62	78.21	86.79

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