SHE:002793 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	798.45	550.11	456.68	692.9	1,434	2,002
Short-Term Investments	-	-	-	-	-	20.03
Trading Asset Securities	8	4	1.25	2.1	17.1	12.58
Cash & Short-Term Investments	806.45	554.11	457.93	695	1,451	2,034
Cash Growth	93.86%	21.00%	-34.11%	-52.10%	-28.68%	57.99%
Accounts Receivable	339.83	441.45	601.57	598.89	996.3	3,255
Other Receivables	55.56	171.88	158.71	217.41	1,269	80.46
Receivables	395.38	613.34	760.28	816.3	2,266	3,336
Inventory	347.33	323.62	459.56	455.61	684.99	709.08
Other Current Assets	206.46	437.87	106.62	100.6	320.34	289.32
Total Current Assets	1,756	1,929	1,784	2,068	4,722	6,368
Property, Plant & Equipment	730.86	759.34	1,296	1,630	1,777	2,071
Long-Term Investments	271.29	202.91	243.12	245.06	231.96	65.24
Goodwill	1.95	1.95	1.95	1.95	4.38	9.76
Other Intangible Assets	385.86	396.55	487.37	476.24	392.81	338.11
Long-Term Deferred Tax Assets	171.32	184.91	188.39	286.15	428.61	183.67
Long-Term Deferred Charges	213.73	210.65	204.61	244.17	281.37	371.45
Other Long-Term Assets	38.48	40.03	129.68	166.77	280.59	89.14
Total Assets	3,569	3,725	4,336	5,117	8,119	9,497
Accounts Payable	497.72	499.42	544.1	384.89	512.25	899.77
Accrued Expenses	99.8	244.45	233.3	255.18	252.25	479.23
Short-Term Debt	1,025	876.93	742.08	555.6	2,402	1,945
Current Portion of Long-Term Debt	158.14	2.1	591.52	405.65	821.15	275.53
Current Portion of Leases	-	69.58	70.7	63.73	65.44	12.81
Current Income Taxes Payable	14	0.79	1.01	1.79	10.83	61.81
Current Unearned Revenue	49.55	53.32	66.04	134.28	169.28	152.12
Other Current Liabilities	463.64	551.47	289.23	116.43	141.13	181.1
Total Current Liabilities	2,308	2,298	2,538	1,918	4,375	4,007
Long-Term Debt	-	92	133.38	429.23	190.93	567.13
Long-Term Leases	8.91	57.2	102.64	66.09	142.02	57.13
Long-Term Unearned Revenue	21.22	22.28	78.92	89.93	93.58	102.22
Long-Term Deferred Tax Liabilities	-	-	7.36	7.58	10.29	-
Other Long-Term Liabilities	55.94	20.07	16.29	34.6	-	27.28
Total Liabilities	2,394	2,490	2,877	2,545	4,812	4,761
Common Stock	1,088	1,088	1,088	1,088	1,088	1,464
Additional Paid-In Capital	310.21	397.04	380.18	472.99	514.77	175.4
Retained Earnings	-341.87	-366.02	-77.44	888.05	1,549	2,789
Treasury Stock	-	-	-30	-	-	-40.66
Comprehensive Income & Other	43.88	45.43	21.95	21.27	23.33	-2.74
Total Common Equity	1,100	1,164	1,382	2,470	3,175	4,385
Minority Interest	75.39	71.66	77.13	102.51	132.37	351.2
Shareholders' Equity	1,175	1,236	1,459	2,572	3,307	4,736
Total Liabilities & Equity	3,569	3,725	4,336	5,117	8,119	9,497
Total Debt	1,192	1,098	1,640	1,520	3,622	2,858
Net Cash (Debt)	-385.61	-543.68	-1,182	-825.31	-2,171	-823.17
Net Cash Per Share	-0.36	-0.51	-1.11	-0.76	-1.52	-0.57
Filing Date Shares Outstanding	1,069	1,088	1,061	1,088	1,088	1,464
Total Common Shares Outstanding	1,069	1,088	1,061	1,088	1,088	1,464
Working Capital	-552.24	-369.11	-753.6	149.96	347.07	2,361
Book Value Per Share	1.03	1.07	1.30	2.27	2.92	3.00
Tangible Book Value	711.99	765.53	892.96	1,992	2,778	4,037
Tangible Book Value Per Share	0.67	0.70	0.84	1.83	2.55	2.76
Buildings	-	872.38	1,119	1,071	1,068	1,227
Machinery	-	1,156	1,365	1,321	1,376	1,376
Construction In Progress	-	6.3	20.43	336.86	294.22	362.38

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