SHE:002622 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	Dec '21 Dec 31, 2021
Cash & Equivalents	136.04	136.59	147.69	146.39	120.11	192.34
Trading Asset Securities	-	-	-	0.71	3.39	-
Cash & Short-Term Investments	136.04	136.59	147.69	147.1	123.51	192.34
Cash Growth	7.50%	-7.52%	0.40%	19.10%	-35.79%	-1.06%
Accounts Receivable	25.54	31.48	48.21	37.3	52.06	67.89
Other Receivables	36.93	39.77	40.33	41.05	45.95	95.4
Receivables	62.46	71.25	88.54	78.35	98.01	163.29
Inventory	46.22	41.6	50.75	62.14	53.7	50.84
Prepaid Expenses	-	-	0.61	0.51	0.1	0.47
Other Current Assets	12.06	12.67	8.83	14.68	32.35	11.85
Total Current Assets	256.78	262.11	296.42	302.79	307.68	418.8
Property, Plant & Equipment	286.11	291.33	327.08	348.99	331.18	320.73
Long-Term Investments	442.82	438.4	487.32	488.28	608.09	640.44
Goodwill	185.33	185.33	199.67	199.67	199.67	236.37
Other Intangible Assets	45.99	46.97	48.29	47.8	48.11	53.02
Long-Term Deferred Tax Assets	47.84	48.04	47.32	49.9	70.51	52.83
Long-Term Deferred Charges	53.25	55.97	60.13	65.85	36.18	34.62
Other Long-Term Assets	29.52	29.87	31.24	32.62	33.99	35.36
Total Assets	1,348	1,358	1,497	1,536	1,635	1,792
Accounts Payable	56.12	61.7	60.3	60.11	47.92	32.28
Accrued Expenses	23.88	27.13	103.58	79.28	48.73	19.24
Short-Term Debt	190.9	191.03	191.59	120.77	125.38	131.4
Current Portion of Long-Term Debt	131.34	132.04	95.75	178.16	145.25	157.77
Current Portion of Leases	-	-	38.72	39.73	44.25	42.22
Current Income Taxes Payable	2.21	5.58	1.3	3.03	0.1	6.86
Current Unearned Revenue	128.31	118.62	124.74	154.09	172.61	157.38
Other Current Liabilities	366.63	367.84	271.1	256.58	271.75	41.66
Total Current Liabilities	899.38	903.94	887.08	891.76	855.98	588.83
Long-Term Debt	-	-	-	-	65.03	123.18
Long-Term Leases	126.45	127.55	151.1	161.34	126	119.29
Long-Term Unearned Revenue	8.1	8.21	8.66	9.11	9.56	10
Long-Term Deferred Tax Liabilities	6.5	6.71	7.6	8.54	10.06	11.29
Other Long-Term Liabilities	-	-	-	-	0.04	60.8
Total Liabilities	1,040	1,046	1,054	1,071	1,067	913.38
Common Stock	840	840	840	840	840	840
Additional Paid-In Capital	21.69	20.59	21.69	21.69	18.82	18.82
Retained Earnings	-543.05	-534.42	-414.99	-377.3	-176.76	80.03
Comprehensive Income & Other	-51.19	-55.45	-48.66	-51.6	-109.56	-79.75
Total Common Equity	267.44	270.73	398.04	432.78	572.5	859.1
Minority Interest	39.77	40.88	45.01	32.36	-3.75	19.68
Shareholders' Equity	307.21	311.61	443.05	465.14	568.75	878.79
Total Liabilities & Equity	1,348	1,358	1,497	1,536	1,635	1,792
Total Debt	448.68	450.61	477.15	500.01	505.91	573.86
Net Cash (Debt)	-312.64	-314.03	-329.46	-352.91	-382.4	-381.52
Net Cash Per Share	-0.37	-0.37	-0.39	-0.42	-0.46	-0.45
Filing Date Shares Outstanding	842.47	836.05	840	840	840	840
Total Common Shares Outstanding	842.47	836.05	840	840	840	840
Working Capital	-642.61	-641.83	-590.65	-588.97	-548.31	-170.03
Book Value Per Share	0.32	0.32	0.47	0.52	0.68	1.02
Tangible Book Value	36.12	38.43	150.07	185.32	324.72	569.71
Tangible Book Value Per Share	0.04	0.05	0.18	0.22	0.39	0.68
Buildings	-	-	179.36	179.36	179.36	179.36
Machinery	-	-	90.52	89.79	60.13	79.45
Construction In Progress	-	-	-	0.08	7.63	-

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