SHE:002789 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	-	757.14	1,227	677.12	566.35	246.98
Trading Asset Securities	-	-	-	-	3.43	3.11
Cash & Short-Term Investments	757.14	757.14	1,227	677.12	569.78	250.09
Cash Growth	-52.68%	-38.29%	81.20%	18.84%	127.83%	-43.81%
Accounts Receivable	-	3,708	5,465	5,755	4,948	2,096
Other Receivables	-	150.94	185.6	198.84	208.64	69.07
Receivables	-	3,858	5,650	5,954	5,157	2,165
Inventory	-	94.17	255.18	248.81	163.86	121.79
Other Current Assets	-	96.42	205.51	250.53	179.96	12.04
Total Current Assets	-	4,806	7,338	7,131	6,070	2,549
Property, Plant & Equipment	-	593.39	669.11	675.94	701.61	132.78
Long-Term Investments	-	183.71	197.94	226.62	211.3	181.28
Goodwill	-	274.5	327.51	327.51	327.51	-
Other Intangible Assets	-	443.68	457.39	294	336.68	199.32
Long-Term Accounts Receivable	-	944.5	812.17	1,096	1,002	-
Long-Term Deferred Tax Assets	-	187.81	265.32	246.35	240.15	200.7
Long-Term Deferred Charges	-	16.63	19.5	21.69	22.85	15.9
Other Long-Term Assets	-	153.65	108.42	89.65	64.48	50.45
Total Assets	-	7,604	10,195	10,109	8,977	3,330
Accounts Payable	-	3,647	4,966	4,888	4,372	1,223
Accrued Expenses	-	252.5	353.54	311.87	365.26	222.14
Short-Term Debt	-	1,103	1,219	1,332	1,265	1,383
Current Portion of Long-Term Debt	-	10.51	259.31	81.07	57.3	148.34
Current Portion of Leases	-	7.35	19.73	510.54	234.5	-
Current Income Taxes Payable	-	23.43	61.13	18.02	16.29	14.95
Current Unearned Revenue	-	453.02	911.25	563.13	569.51	128.98
Other Current Liabilities	-	968.52	1,552	1,136	1,146	37.48
Total Current Liabilities	-	6,466	9,342	8,840	8,026	3,158
Long-Term Debt	-	358.31	997	504.5	175.8	38
Long-Term Leases	-	3.17	7.9	488.83	440.39	-
Long-Term Deferred Tax Liabilities	-	15.05	16.18	17.66	20.13	-
Other Long-Term Liabilities	-	310.38	365.11	-	-	-
Total Liabilities	-	7,153	10,729	9,851	8,662	3,196
Common Stock	-	159.62	159.62	159.62	159.62	159.62
Additional Paid-In Capital	-	2,949	1,156	1,149	721.03	721.03
Retained Earnings	-	-2,690	-1,937	-1,108	-545.16	-566.33
Comprehensive Income & Other	-	-213.35	-181.34	-169.1	-166.01	-169.68
Total Common Equity	205.81	205.81	-803.18	31.61	169.48	144.65
Minority Interest	-	245.69	269.86	225.88	145.69	-10.82
Shareholders' Equity	451.5	451.5	-533.33	257.49	315.17	133.82
Total Liabilities & Equity	-	7,604	10,195	10,109	8,977	3,330
Total Debt	1,482	1,482	2,503	2,917	2,173	1,570
Net Cash (Debt)	-725.2	-725.2	-1,276	-2,240	-1,604	-1,319
Net Cash Per Share	-4.54	-4.54	-7.98	-14.04	-10.05	-9.09
Filing Date Shares Outstanding	159.6	159.62	159.62	159.62	159.62	159.62
Total Common Shares Outstanding	159.6	159.62	159.62	159.62	159.62	159.62
Working Capital	-	-1,659	-2,004	-1,709	-1,955	-608.61
Book Value Per Share	1.29	1.29	-5.03	0.20	1.06	0.91
Tangible Book Value	-512.36	-512.36	-1,588	-589.9	-494.7	-54.68
Tangible Book Value Per Share	-3.21	-3.21	-9.95	-3.70	-3.10	-0.34
Buildings	-	608.64	572.28	429.56	399.83	154.18
Machinery	-	150.89	170.81	182.09	207.03	24.2
Construction In Progress	-	8.43	8.61	48.48	52.25	-