SHE:002743 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	203.6	365.39	615.52	813.18	656.82	1,005
Cash & Short-Term Investments	203.6	365.39	615.52	813.18	656.82	1,005
Cash Growth	-73.46%	-40.64%	-24.31%	23.81%	-34.62%	-32.25%
Accounts Receivable	5,577	5,963	7,129	6,933	7,560	6,494
Other Receivables	70.67	64.34	58.54	69.65	63.57	33.82
Receivables	5,647	6,027	7,188	7,003	7,624	6,528
Inventory	243.3	265.33	337.23	492.8	498.99	408.04
Prepaid Expenses	-	-	-	-	0.02	0.12
Other Current Assets	95.32	81.12	94.54	97.47	203.63	169.9
Total Current Assets	6,189	6,739	8,235	8,406	8,983	8,110
Property, Plant & Equipment	1,423	1,447	1,535	1,610	1,592	1,508
Long-Term Investments	24.36	24.4	24.5	24.77	10	10
Other Intangible Assets	157.87	159.32	163.24	167.22	169.76	174.34
Long-Term Deferred Tax Assets	261.35	265.24	99.26	145.72	129.79	79.76
Long-Term Deferred Charges	2.06	2.18	2.67	1.09	0.77	-
Other Long-Term Assets	141.67	134.41	142.24	163.14	206.7	201.14
Total Assets	8,200	8,771	10,201	10,518	11,092	10,083
Accounts Payable	811.94	1,436	2,225	2,649	3,668	4,057
Accrued Expenses	44.7	65.31	96.67	87.42	70.06	56.55
Short-Term Debt	3,569	3,250	2,587	2,217	1,950	1,196
Current Portion of Long-Term Debt	463.88	375.85	668.14	614.6	437.55	666.03
Current Portion of Leases	-	-	222.11	143.25	87.94	1.25
Current Income Taxes Payable	34.84	34.06	2.95	2.5	10.26	23.15
Current Unearned Revenue	4.05	3.97	19.99	144.14	281.13	92.22
Other Current Liabilities	599.28	812.3	690.87	477.93	285.6	241.37
Total Current Liabilities	5,528	5,977	6,513	6,335	6,790	6,334
Long-Term Debt	180	210.27	209.85	673.44	913.65	587.99
Long-Term Leases	21.84	20.58	168.9	159.24	126.06	3.94
Long-Term Unearned Revenue	28.07	29.49	35.68	42.42	50.71	53.83
Long-Term Deferred Tax Liabilities	0.22	0.22	0.38	54.2	37.69	-
Other Long-Term Liabilities	67.77	113.47	2.78	3.03	1.59	0.7
Total Liabilities	5,826	6,351	6,930	7,268	7,920	6,980
Common Stock	435.27	435.27	435.27	435.27	435.27	435.27
Additional Paid-In Capital	1,783	1,783	1,744	1,744	1,744	1,744
Retained Earnings	97.74	142.83	1,032	1,010	933.53	869.8
Comprehensive Income & Other	4.33	4.55	5.63	5.84	3.59	2.65
Total Common Equity	2,320	2,366	3,217	3,195	3,117	3,052
Minority Interest	53.73	54.64	53.77	55.2	55.54	50.98
Shareholders' Equity	2,374	2,420	3,271	3,250	3,172	3,103
Total Liabilities & Equity	8,200	8,771	10,201	10,518	11,092	10,083
Total Debt	4,235	3,856	3,856	3,807	3,515	2,455
Net Cash (Debt)	-4,031	-3,491	-3,240	-2,994	-2,859	-1,451
Net Cash Per Share	-9.17	-8.01	-7.44	-6.86	-6.74	-3.32
Filing Date Shares Outstanding	450.94	366.35	435.27	435.27	435.27	435.27
Total Common Shares Outstanding	450.94	366.35	435.27	435.27	435.27	435.27
Working Capital	661.66	761.61	1,722	2,071	2,193	1,777
Book Value Per Share	5.15	6.46	7.39	7.34	7.16	7.01
Tangible Book Value	2,162	2,206	3,054	3,028	2,947	2,878
Tangible Book Value Per Share	4.80	6.02	7.02	6.96	6.77	6.61
Buildings	-	-	1,549	1,531	1,527	1,523
Machinery	-	-	527.93	528.07	502.47	493.08
Construction In Progress	-	-	-	0.33	2.24	-

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