SHE:002721 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	853.57	1,176	921.09	1,594	207.65	445.91
Trading Asset Securities	305.45	5.11	546.45	-	-	-
Cash & Short-Term Investments	1,159	1,181	1,468	1,594	207.65	445.91
Cash Growth	-17.86%	-19.53%	-7.91%	667.41%	-53.43%	1.49%
Accounts Receivable	376.41	364.58	33.94	14.39	298.23	2,281
Other Receivables	66.86	64.22	80.91	96.42	105.51	129.42
Receivables	443.26	428.8	114.85	110.81	403.73	2,411
Inventory	782.95	722.97	493.17	386.9	3,145	3,549
Prepaid Expenses	-	-	-	-	2.84	4.52
Other Current Assets	24.72	24.72	24.3	8.61	366.99	561.4
Total Current Assets	2,410	2,357	2,100	2,100	4,126	6,971
Property, Plant & Equipment	55.85	53.3	41.59	46.33	363.84	431.72
Long-Term Investments	-	-	-	-	136.83	139.85
Goodwill	189.35	189.35	8.79	8.79	68.95	192.6
Other Intangible Assets	38.69	40.75	8.9	9.15	59.59	71.87
Long-Term Accounts Receivable	-	-	-	-	-	13.02
Long-Term Deferred Tax Assets	28.25	31	25.61	21.73	12.64	577.74
Long-Term Deferred Charges	3.33	3.8	5.61	2.79	9.46	14.4
Other Long-Term Assets	11.48	11.64	5.15	5.39	4.93	5.33
Total Assets	2,737	2,687	2,196	2,194	4,782	8,418
Accounts Payable	1.16	2.28	1.73	5.63	288.82	341.91
Accrued Expenses	33.78	52.09	6.66	13.26	480.28	48.2
Short-Term Debt	50.02	30.02	-	-	5,922	4,968
Current Portion of Long-Term Debt	8.53	-	-	-	719.95	999.04
Current Portion of Leases	-	7.08	8.22	7.74	33.15	71.15
Current Income Taxes Payable	18.37	7	-	-	39.26	38.34
Current Unearned Revenue	52.7	49.3	24.78	25.41	50.95	693.65
Other Current Liabilities	50.06	47.73	45.51	70.21	636.19	83.19
Total Current Liabilities	214.63	195.5	86.89	122.25	8,170	7,244
Long-Term Debt	-	-	-	-	-	719.95
Long-Term Leases	13.16	11.26	7.26	6.39	7.8	68.48
Long-Term Unearned Revenue	-	-	-	-	9.17	9.42
Long-Term Deferred Tax Liabilities	16.88	16.86	11.91	12.73	28.84	29.02
Other Long-Term Liabilities	0.3	0.3	-	-	-	77.25
Total Liabilities	244.97	223.93	106.06	141.37	8,216	8,148
Common Stock	2,659	2,659	2,670	2,670	959.93	959.93
Additional Paid-In Capital	6,242	6,242	6,242	6,241	3,300	3,286
Retained Earnings	-6,674	-6,708	-6,737	-6,751	-7,414	-3,753
Treasury Stock	-75.35	-75.35	-85.5	-106.63	-10.15	-10.15
Comprehensive Income & Other	-	-	-	-	11.15	10.39
Total Common Equity	2,152	2,118	2,089	2,053	-3,153	493.49
Minority Interest	339.84	345.11	-	-	-281.31	-223.78
Shareholders' Equity	2,492	2,463	2,089	2,053	-3,434	269.71
Total Liabilities & Equity	2,737	2,687	2,196	2,194	4,782	8,418
Total Debt	71.72	48.37	15.49	14.13	6,683	6,827
Net Cash (Debt)	1,087	1,133	1,452	1,579	-6,475	-6,381
Net Cash Growth	-22.09%	-22.00%	-8.06%	-	-	-
Net Cash Per Share	0.41	0.43	0.55	1.45	-6.81	-6.69
Filing Date Shares Outstanding	2,643	2,659	2,659	1,518	949.78	949.78
Total Common Shares Outstanding	2,643	2,659	2,659	1,518	949.78	949.78
Working Capital	2,195	2,162	2,013	1,978	-4,045	-272.7
Book Value Per Share	0.81	0.80	0.79	1.35	-3.32	0.52
Tangible Book Value	1,924	1,888	2,072	2,035	-3,282	229.02
Tangible Book Value Per Share	0.73	0.71	0.78	1.34	-3.46	0.24
Buildings	-	42.99	33.15	33.15	440.78	449.52
Machinery	-	23.38	21.11	25.56	90.5	103.09

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