SHE:002783 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	750.85	1,010	651.54	525.66	991.21	537.65
Short-Term Investments	-	-	-	15	-	-
Trading Asset Securities	300.05	170.05	395.23	-	7.1	83.36
Cash & Short-Term Investments	1,051	1,180	1,047	540.66	998.31	621.01
Cash Growth	-10.73%	12.75%	93.61%	-45.84%	60.76%	-30.41%
Accounts Receivable	1,316	1,503	1,277	1,143	984.31	959.52
Other Receivables	142.9	41.87	25.62	25.72	25.68	50.31
Receivables	1,459	1,545	1,303	1,169	1,010	1,010
Inventory	342.09	326.63	383.65	405.95	387.08	284.28
Prepaid Expenses	-	-	-	0.9	1.31	2.34
Other Current Assets	115.58	219.79	190.28	177.18	178.09	91.18
Total Current Assets	2,967	3,272	2,924	2,294	2,575	2,009
Property, Plant & Equipment	3,371	3,401	3,360	3,307	3,431	3,306
Long-Term Investments	242.48	237.41	236.5	476.77	479.37	546.24
Goodwill	261.93	261.93	177.14	40.78	40.78	72.93
Other Intangible Assets	1,046	1,052	993.16	1,027	642.9	625.24
Long-Term Accounts Receivable	-	-	19.03	35.17	27.05	14.83
Long-Term Deferred Tax Assets	146.49	146.97	153.96	134.46	138.65	133.66
Long-Term Deferred Charges	20.96	19.1	13.12	14.48	11.72	14.15
Other Long-Term Assets	190.08	186.28	180.78	133.41	117.45	103.31
Total Assets	8,247	8,577	8,058	7,463	7,464	6,825
Accounts Payable	1,030	1,234	1,290	1,261	1,083	929.37
Accrued Expenses	125.89	180.94	170.93	192.95	186.32	187.05
Short-Term Debt	730.18	725.72	749.6	1,235	1,391	1,122
Current Portion of Long-Term Debt	679.87	163.77	316.61	419.26	475.66	235.89
Current Portion of Leases	-	4.73	3.28	0.85	1.02	0.96
Current Income Taxes Payable	78.38	57.86	51.57	28.84	31.8	26
Current Unearned Revenue	120.42	103.56	81.32	90.12	156.81	77.79
Other Current Liabilities	528.53	773.03	674.75	727.3	756.01	787.02
Total Current Liabilities	3,293	3,244	3,338	3,955	4,082	3,366
Long-Term Debt	900.7	1,314	802.17	511.84	680.73	953.27
Long-Term Leases	12.15	17.75	15.63	2.83	3.81	3.45
Long-Term Unearned Revenue	49.53	52.4	62.86	75.33	68.77	85.65
Pension & Post-Retirement Benefits	32.83	33.23	34.77	36.27	37.72	39.28
Long-Term Deferred Tax Liabilities	74.97	77.24	83.21	129.02	139.56	154.45
Other Long-Term Liabilities	75.52	77.33	140.8	250.17	195.69	126.89
Total Liabilities	4,439	4,816	4,477	4,960	5,208	4,729
Common Stock	499.36	499.36	499.8	391.24	390.41	381.73
Additional Paid-In Capital	1,316	1,316	1,316	568.63	561.96	527.47
Retained Earnings	780.52	770.88	678.39	572.53	436.31	303.02
Treasury Stock	-16.49	-32.07	-35.88	-50.97	-46.54	-
Comprehensive Income & Other	82.29	76.93	74.93	89.94	92.37	88.54
Total Common Equity	2,662	2,631	2,533	1,571	1,435	1,301
Minority Interest	1,146	1,130	1,048	931.6	821.04	795.31
Shareholders' Equity	3,808	3,761	3,581	2,503	2,256	2,096
Total Liabilities & Equity	8,247	8,577	8,058	7,463	7,464	6,825
Total Debt	2,323	2,226	1,887	2,169	2,552	2,315
Net Cash (Debt)	-1,272	-1,046	-840.52	-1,629	-1,554	-1,694
Net Cash Per Share	-2.63	-2.13	-1.82	-4.18	-4.08	-4.59
Filing Date Shares Outstanding	499.36	499.36	499.8	391.24	390.87	381.73
Total Common Shares Outstanding	499.36	499.36	499.8	391.24	390.87	381.73
Working Capital	-325.67	28.08	-413.91	-1,661	-1,507	-1,357
Book Value Per Share	5.33	5.27	5.07	4.02	3.67	3.41
Tangible Book Value	1,354	1,317	1,363	503.56	750.83	602.59
Tangible Book Value Per Share	2.71	2.64	2.73	1.29	1.92	1.58
Buildings	-	3,175	2,947	2,887	2,793	2,416
Machinery	-	2,415	2,241	2,241	2,260	1,666
Construction In Progress	-	108.37	196.27	67.19	101.92	762.13

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