SHE:002713 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	821.27	1,693	289.74	499.99	512.08	898.52
Trading Asset Securities	13	-	-	-	102.83	-
Cash & Short-Term Investments	834.27	1,693	289.74	499.99	614.91	898.52
Cash Growth	176.93%	484.19%	-42.05%	-18.69%	-31.56%	-18.85%
Accounts Receivable	175.05	176.4	255.34	314.84	378.26	446.7
Other Receivables	25.46	23.51	88.81	52.92	39.04	44.8
Receivables	200.51	199.9	344.16	367.77	417.3	491.51
Inventory	5.19	6.06	30.63	129.41	158.81	151.7
Other Current Assets	72.15	71.49	224.8	104.17	111.49	137.13
Total Current Assets	1,112	1,970	889.32	1,101	1,303	1,679
Property, Plant & Equipment	202.34	209.21	288.53	832.44	907.81	1,148
Long-Term Investments	11.74	11.72	11.2	5.3	84.98	109.47
Goodwill	97.53	97.53	216.29	267.16	274.36	354.57
Other Intangible Assets	31.89	32.17	87.04	105.58	132.06	112.38
Long-Term Accounts Receivable	-	-	-	1.15	3.7	5.06
Long-Term Deferred Tax Assets	62.98	61	38.68	233.78	176.49	49.36
Long-Term Deferred Charges	10.52	11.58	11.8	131.85	174.56	121.87
Other Long-Term Assets	144.52	143.09	140.46	252.16	177.36	149.39
Total Assets	1,674	2,536	1,683	2,931	3,234	3,729
Accounts Payable	171.55	203.61	695.57	645.59	694.97	992.08
Accrued Expenses	25.13	386.51	424.37	86.01	69.95	86.87
Short-Term Debt	10.49	8.9	274.61	383.27	361.01	55.68
Current Portion of Long-Term Debt	17.98	20.61	1.52	-	-	-
Current Portion of Leases	-	-	40.74	116.01	129.33	129.18
Current Income Taxes Payable	33.08	44.99	7.6	10.87	7.66	17.97
Current Unearned Revenue	100.43	109.83	718.86	817.78	952.49	607.55
Other Current Liabilities	262.88	683.41	318.15	346.93	375.57	292.67
Total Current Liabilities	621.53	1,458	2,481	2,406	2,591	2,182
Long-Term Debt	-	-	0.48	-	-	-
Long-Term Leases	43.83	46.17	91.8	306.5	334.54	404.76
Long-Term Unearned Revenue	-	-	0.01	0.04	0.1	-
Long-Term Deferred Tax Liabilities	2.48	2.48	2.48	2.63	8.77	9.64
Other Long-Term Liabilities	12.72	13.23	81.68	6.77	7.61	2.93
Total Liabilities	680.55	1,520	2,658	2,722	2,942	2,599
Common Stock	951.41	951.41	419.54	419.54	419.54	419.54
Additional Paid-In Capital	2,342	2,342	478.65	478.65	407.5	437.38
Retained Earnings	-1,973	-1,956	-1,992	-821	-612.71	138.93
Treasury Stock	-438.99	-438.99	-	-	-	-
Comprehensive Income & Other	-13.04	-12.87	-12.67	-12.71	-5.63	-0.85
Total Common Equity	868.45	885.64	-1,107	64.47	208.69	994.99
Minority Interest	124.63	131.02	132.28	143.88	83.14	134.38
Shareholders' Equity	993.08	1,017	-974.55	208.35	291.83	1,129
Total Liabilities & Equity	1,674	2,536	1,683	2,931	3,234	3,729
Total Debt	72.3	75.68	409.15	805.78	824.88	589.62
Net Cash (Debt)	761.97	1,617	-119.41	-305.79	-209.97	308.9
Net Cash Growth	993.50%	-	-	-	-	-67.24%
Net Cash Per Share	0.86	1.77	-0.28	-0.73	-0.50	0.74
Filing Date Shares Outstanding	851.16	2,396	419.54	419.54	419.54	419.54
Total Common Shares Outstanding	851.16	2,396	419.54	419.54	419.54	419.54
Working Capital	490.59	512.24	-1,592	-1,305	-1,288	-503.16
Book Value Per Share	1.02	0.37	-2.64	0.15	0.50	2.37
Tangible Book Value	739.03	755.94	-1,410	-308.27	-197.73	528.04
Tangible Book Value Per Share	0.87	0.32	-3.36	-0.73	-0.47	1.26
Buildings	-	-	175.85	452.03	460.96	505.52
Machinery	-	-	193.84	252.12	253.34	245.88
Construction In Progress	-	-	-	-	-	74.82

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