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	500.93	757.14	1,227	677.12	566.35	246.98
Trading Asset Securities	-	-	-	-	3.43	3.11
Cash & Short-Term Investments	500.93	757.14	1,227	677.12	569.78	250.09
Cash Growth	-68.69%	-38.29%	81.20%	18.84%	127.83%	-43.81%
Accounts Receivable	3,220	3,708	5,465	5,755	4,948	2,096
Other Receivables	140.31	150.94	185.6	198.84	208.64	69.07
Receivables	3,361	3,858	5,650	5,954	5,157	2,165
Inventory	99.25	94.17	255.18	248.81	163.86	121.79
Other Current Assets	117.86	96.42	205.51	250.53	179.96	12.04
Total Current Assets	4,079	4,806	7,338	7,131	6,070	2,549
Property, Plant & Equipment	576.64	593.39	669.11	675.94	701.61	132.78
Long-Term Investments	185.33	183.71	197.94	226.62	211.3	181.28
Goodwill	274.5	274.5	327.51	327.51	327.51	-
Other Intangible Assets	439.74	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	187.69	187.81	265.32	246.35	240.15	200.7
Long-Term Deferred Charges	16.26	16.63	19.5	21.69	22.85	15.9
Other Long-Term Assets	1,254	153.65	108.42	89.65	64.48	50.45
Total Assets	7,013	7,604	10,195	10,109	8,977	3,330
Accounts Payable	3,210	3,647	4,966	4,888	4,372	1,223
Accrued Expenses	44.83	252.5	353.54	311.87	365.26	222.14
Short-Term Debt	511.78	1,103	1,219	1,332	1,265	1,383
Current Portion of Long-Term Debt	289.29	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	213.93	23.43	61.13	18.02	16.29	14.95
Current Unearned Revenue	359.57	453.02	911.25	563.13	569.51	128.98
Other Current Liabilities	1,359	968.52	1,552	1,136	1,146	37.48
Total Current Liabilities	5,988	6,466	9,342	8,840	8,026	3,158
Long-Term Debt	354.8	358.31	997	504.5	175.8	38
Long-Term Leases	2.9	3.17	7.9	488.83	440.39	-
Long-Term Deferred Tax Liabilities	14.67	15.05	16.18	17.66	20.13	-
Other Long-Term Liabilities	258.26	310.38	365.11	-	-	-
Total Liabilities	6,619	7,153	10,729	9,851	8,662	3,196
Common Stock	159.62	159.62	159.62	159.62	159.62	159.62
Additional Paid-In Capital	2,949	2,949	1,156	1,149	721.03	721.03
Retained Earnings	-2,743	-2,690	-1,937	-1,108	-545.16	-566.33
Comprehensive Income & Other	-213.99	-213.35	-181.34	-169.1	-166.01	-169.68
Total Common Equity	152.06	205.81	-803.18	31.61	169.48	144.65
Minority Interest	241.81	245.69	269.86	225.88	145.69	-10.82
Shareholders' Equity	393.87	451.5	-533.33	257.49	315.17	133.82
Total Liabilities & Equity	7,013	7,604	10,195	10,109	8,977	3,330
Total Debt	1,159	1,482	2,503	2,917	2,173	1,570
Net Cash (Debt)	-657.83	-725.2	-1,276	-2,240	-1,604	-1,319
Net Cash Per Share	-4.12	-4.54	-7.98	-14.04	-10.05	-9.09
Filing Date Shares Outstanding	159.62	159.62	159.62	159.62	159.62	159.62
Total Common Shares Outstanding	159.62	159.62	159.62	159.62	159.62	159.62
Working Capital	-1,910	-1,659	-2,004	-1,709	-1,955	-608.61
Book Value Per Share	0.95	1.29	-5.03	0.20	1.06	0.91
Tangible Book Value	-562.18	-512.36	-1,588	-589.9	-494.7	-54.68
Tangible Book Value Per Share	-3.52	-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	-