SHE:002717 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	114.41	155.54	203.43	518.22	1,020	1,531
Cash & Short-Term Investments	114.41	155.54	203.43	518.22	1,020	1,531
Cash Growth	-21.87%	-23.54%	-60.74%	-49.21%	-33.37%	-43.27%
Accounts Receivable	5,651	5,872	7,789	8,876	9,261	10,137
Other Receivables	218.31	245.59	346.67	196.69	263.24	292.5
Receivables	5,869	6,118	8,135	9,072	9,525	10,429
Inventory	201.02	201.02	289.6	293.15	316.99	244.92
Prepaid Expenses	-	0.43	0.43	0.43	-	0.43
Other Current Assets	349.02	189.44	216.29	179.13	227.05	255.47
Total Current Assets	6,534	6,664	8,845	10,063	11,089	12,461
Property, Plant & Equipment	119.74	147	266.9	327.95	422.58	484.14
Long-Term Investments	3,027	3,028	3,072	3,030	2,991	3,228
Goodwill	-	-	-	407.55	599.74	866.74
Other Intangible Assets	19.71	19.93	34.79	37.63	17.95	22.16
Long-Term Accounts Receivable	-	469.06	600.28	694.07	1,055	1,064
Long-Term Deferred Tax Assets	5.68	5.68	701.19	374.54	419.23	214.36
Long-Term Deferred Charges	8.75	9.27	18.26	27.35	37.45	54.88
Other Long-Term Assets	1,186	769.93	827.05	868.68	585.2	690.55
Total Assets	10,901	11,113	14,365	15,831	17,218	19,086
Accounts Payable	5,164	5,310	5,932	6,993	7,426	7,789
Accrued Expenses	588.43	771.7	868.66	822.16	816.12	734.71
Short-Term Debt	1,832	1,832	2,109	2,072	1,560	1,725
Current Portion of Long-Term Debt	53.02	107.94	915.11	1,368	538.21	520.49
Current Portion of Leases	-	6.87	103.09	63.79	37.44	41.23
Current Income Taxes Payable	592.82	6.81	8.66	4.2	5.74	15.07
Current Unearned Revenue	241.13	257.74	256.28	247.28	370.31	396.62
Other Current Liabilities	3,261	3,520	2,300	994.55	985.87	603.07
Total Current Liabilities	11,733	11,813	12,492	12,565	11,740	11,825
Long-Term Debt	402.45	399.87	566.04	821.94	1,793	2,045
Long-Term Leases	22.71	22.75	58.38	100.77	59.66	49.38
Long-Term Unearned Revenue	12.62	12.86	13.84	14.98	18.59	19.84
Long-Term Deferred Tax Liabilities	4.75	4.76	6.17	0.13	0.16	1.68
Other Long-Term Liabilities	157.17	157.17	5.5	2.93	-	-
Total Liabilities	12,332	12,410	13,142	13,506	13,611	13,941
Common Stock	1,820	1,820	1,820	1,679	1,679	1,684
Additional Paid-In Capital	1,014	1,014	1,092	1,193	1,321	1,336
Retained Earnings	-4,317	-4,167	-1,831	-847	225.43	1,734
Treasury Stock	-	-	-	-	-	-22.62
Comprehensive Income & Other	-	-16.25	-16.25	102.16	104.62	105.73
Total Common Equity	-1,483	-1,349	1,065	2,128	3,330	4,838
Minority Interest	51.15	52.38	158.91	197.1	276.48	307.93
Shareholders' Equity	-1,432	-1,297	1,223	2,325	3,607	5,145
Total Liabilities & Equity	10,901	11,113	14,365	15,831	17,218	19,086
Total Debt	2,310	2,369	3,751	4,427	3,988	4,381
Net Cash (Debt)	-2,196	-2,214	-3,548	-3,908	-2,968	-2,850
Net Cash Per Share	-1.21	-1.22	-2.07	-2.33	-1.77	-1.82
Filing Date Shares Outstanding	1,820	1,820	1,820	1,679	1,679	1,684
Total Common Shares Outstanding	1,820	1,820	1,820	1,679	1,679	1,684
Working Capital	-5,199	-5,148	-3,647	-2,502	-651.01	636.51
Book Value Per Share	-0.81	-0.74	0.58	1.27	1.98	2.87
Tangible Book Value	-1,503	-1,369	1,030	1,683	2,712	3,949
Tangible Book Value Per Share	-0.83	-0.75	0.57	1.00	1.62	2.34
Buildings	-	182.12	303.3	327.92	-	412.68
Machinery	-	51.69	119.12	140.1	-	172.51
Construction In Progress	-	14.92	19.28	19.31	-	34.07