SHE:002620 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	135.15	144.09	170.05	240.5	401.4	306.96
Cash & Short-Term Investments	135.15	144.09	170.05	240.5	401.4	306.96
Cash Growth	-9.07%	-15.27%	-29.29%	-40.08%	30.77%	-16.25%
Accounts Receivable	2,014	2,088	2,394	2,753	3,005	3,104
Other Receivables	26.27	28.25	34.84	65.25	53.21	48.51
Receivables	2,040	2,116	2,429	2,818	3,059	3,153
Inventory	14.97	13.28	35.45	73.58	96.54	180
Other Current Assets	2.26	4.01	3.37	7.41	11.35	14.15
Total Current Assets	2,192	2,278	2,638	3,140	3,568	3,654
Property, Plant & Equipment	419.72	429.65	471.88	518.5	688.58	719.66
Other Intangible Assets	6.91	7.15	8.11	9.09	39.23	42.6
Long-Term Deferred Tax Assets	0.9	0.72	0.53	16.7	54.3	89.73
Long-Term Deferred Charges	60.26	62.77	72.78	82.88	93.22	-
Other Long-Term Assets	257.86	260.91	289.72	300.93	353.55	456.92
Total Assets	2,938	3,039	3,481	4,068	4,797	4,963
Accounts Payable	1,544	1,616	1,959	2,263	2,343	2,498
Accrued Expenses	6.46	5.64	14.75	5.34	6.9	13.15
Short-Term Debt	-	-	-	-	1,025	1,061
Current Portion of Long-Term Debt	851.85	853.16	213	113.2	-	-
Current Portion of Leases	-	-	4.32	4.45	3.79	4.09
Current Income Taxes Payable	24.43	27.03	9.01	28.21	17.29	3.68
Current Unearned Revenue	8.65	9.75	22.77	34.92	57.79	61.15
Other Current Liabilities	303.47	312.96	324.45	300.09	380.17	280.39
Total Current Liabilities	2,738	2,824	2,547	2,749	3,834	3,921
Long-Term Debt	-	-	644.5	760.8	-	-
Long-Term Leases	38.33	37.9	38.93	43.51	40.37	42.19
Long-Term Deferred Tax Liabilities	-	-	-	0.01	-	-
Other Long-Term Liabilities	2.16	1.97	1.76	3.98	35.95	37.69
Total Liabilities	2,779	2,864	3,232	3,558	3,911	4,001
Common Stock	377.49	377.49	377.49	377.49	377.49	378.29
Additional Paid-In Capital	1,223	1,223	1,223	1,223	1,223	1,225
Retained Earnings	-1,673	-1,651	-1,562	-1,376	-1,004	-1,013
Treasury Stock	-11.25	-11.25	-11.25	-11.25	-10.71	-13.56
Comprehensive Income & Other	10.11	5.9	13.19	23.05	29.61	48.66
Total Common Equity	-73.7	-55.99	40.62	236.34	616.04	625.38
Minority Interest	232.75	230.56	208.23	273.78	270.15	336.25
Shareholders' Equity	159.05	174.57	248.85	510.13	886.19	961.63
Total Liabilities & Equity	2,938	3,039	3,481	4,068	4,797	4,963
Total Debt	890.18	891.06	900.75	921.96	1,070	1,107
Net Cash (Debt)	-755.04	-746.97	-730.7	-681.46	-668.14	-799.98
Net Cash Per Share	-2.08	-2.01	-1.93	-1.81	-2.10	-2.11
Filing Date Shares Outstanding	365.33	363.17	377.49	377.49	377.49	378.29
Total Common Shares Outstanding	365.33	363.17	377.49	377.49	377.49	378.29
Working Capital	-546.11	-546.75	91.02	390.33	-266.36	-267.39
Book Value Per Share	-0.20	-0.15	0.11	0.63	1.63	1.65
Tangible Book Value	-80.6	-63.14	32.51	227.26	576.81	582.79
Tangible Book Value Per Share	-0.22	-0.17	0.09	0.60	1.53	1.54
Buildings	-	-	150.11	150.11	154.46	154.46
Machinery	-	-	640.21	640.34	817.93	795.83
Construction In Progress	-	-	-	0.07	-	3.19

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