SHE:002586 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	1,099	1,260	1,301	686.5	680.31	303.17
Trading Asset Securities	-	-	1.21	-	-	-
Cash & Short-Term Investments	1,099	1,260	1,302	686.5	680.31	303.17
Cash Growth	-32.60%	-3.21%	89.65%	0.91%	124.40%	-21.45%
Accounts Receivable	1,222	1,543	1,915	1,935	2,216	2,917
Other Receivables	294.13	1,231	1,169	1,307	1,034	915.24
Receivables	1,516	2,774	3,085	3,242	3,250	3,832
Inventory	33.01	6.18	90.62	39.11	49.64	36.53
Prepaid Expenses	-	-	-	-	0.12	-
Other Current Assets	861.32	43	41.97	48.04	145.14	144.06
Total Current Assets	3,509	4,083	4,519	4,016	4,125	4,316
Property, Plant & Equipment	179.29	181.94	225.07	292.96	310.38	325.15
Long-Term Investments	58.39	158.39	164.16	238.46	325.17	309.4
Goodwill	-	-	-	7.05	7.05	251.72
Other Intangible Assets	2.45	2.54	3.05	41.24	49.25	58.37
Long-Term Deferred Tax Assets	177.45	171.86	183.01	157.91	134.86	142.82
Long-Term Deferred Charges	1	1.01	3.56	2.37	2.94	3.34
Other Long-Term Assets	1,895	1,798	2,477	2,929	3,287	3,474
Total Assets	5,823	6,397	7,576	7,685	8,242	8,881
Accounts Payable	1,363	1,807	2,094	1,963	2,069	2,069
Accrued Expenses	6.96	205.1	312.95	321.16	325.81	404.64
Short-Term Debt	23.98	30.01	581.78	646.7	675.95	1,183
Current Portion of Long-Term Debt	40.41	44.16	56.5	72.03	124.69	237.82
Current Portion of Leases	-	-	0.13	1.04	-	-
Current Income Taxes Payable	138.62	22.56	46.48	121.55	124.71	95.78
Current Unearned Revenue	132.03	105.11	222.65	193.07	159.38	84.26
Other Current Liabilities	692.88	721.71	1,033	930.88	1,085	723.41
Total Current Liabilities	2,398	2,935	4,347	4,250	4,564	4,798
Long-Term Debt	180.55	209.74	265.28	303.57	341.65	341.65
Long-Term Leases	-	-	0.21	3.1	0.33	1.27
Long-Term Unearned Revenue	0.36	0.36	-	-	-	-
Long-Term Deferred Tax Liabilities	1.01	1.01	2.72	3.6	3.57	1.7
Other Long-Term Liabilities	55.73	55.73	17.01	17.01	19.99	18.62
Total Liabilities	2,635	3,202	4,632	4,577	4,930	5,161
Common Stock	1,144	1,144	1,144	1,144	1,144	1,144
Additional Paid-In Capital	4,259	4,259	4,259	4,259	4,259	3,315
Retained Earnings	-2,293	-2,289	-2,562	-2,411	-2,267	-943.1
Comprehensive Income & Other	95.47	101.05	91.62	74.61	73.98	61.07
Total Common Equity	3,206	3,215	2,932	3,066	3,210	3,577
Minority Interest	-18.05	-19.98	11.19	41.36	101.74	142.73
Shareholders' Equity	3,188	3,195	2,943	3,108	3,312	3,720
Total Liabilities & Equity	5,823	6,397	7,576	7,685	8,242	8,881
Total Debt	244.94	283.91	903.89	1,026	1,143	1,764
Net Cash (Debt)	854.09	976.27	398.06	-339.94	-462.3	-1,460
Net Cash Growth	16.42%	145.26%	-	-	-	-
Net Cash Per Share	0.75	0.85	0.35	-0.30	-0.40	-1.27
Filing Date Shares Outstanding	1,139	1,144	1,144	1,144	1,144	1,144
Total Common Shares Outstanding	1,139	1,144	1,144	1,144	1,144	1,144
Working Capital	1,111	1,148	172.43	-233.66	-439.44	-481.76
Book Value Per Share	2.81	2.81	2.56	2.68	2.81	3.13
Tangible Book Value	3,203	3,213	2,929	3,018	3,154	3,267
Tangible Book Value Per Share	2.81	2.81	2.56	2.64	2.76	2.86
Buildings	-	239.83	344.35	389.19	387.81	386.03
Machinery	-	78.03	110.06	109.35	52.64	112.72
Construction In Progress	-	-	0.32	-	0.98	-

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