SHE:002795 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	239.81	252.37	209.38	233.21	333.19	131.91
Trading Asset Securities	-	-	-	0.07	0.01	0.34
Cash & Short-Term Investments	239.81	252.37	209.38	233.28	333.2	132.25
Cash Growth	-10.98%	20.53%	-10.24%	-29.99%	151.95%	16.20%
Accounts Receivable	96.97	105.92	152.77	128.55	95.58	177.88
Other Receivables	2.54	48.42	42.39	41.11	20.28	11.52
Receivables	99.51	154.35	195.16	169.66	115.85	189.41
Inventory	120.62	131.56	152.15	193.32	212.04	238.29
Other Current Assets	10.62	27.51	27.97	96.05	10.37	5.97
Total Current Assets	470.55	565.79	584.66	692.31	671.46	565.91
Property, Plant & Equipment	424.63	737.22	803.19	949.52	586.3	604.1
Long-Term Investments	-	-	10.01	-	-	-
Goodwill	13.34	13.34	13.34	100.82	124.55	160.32
Other Intangible Assets	56.72	60.57	63.48	95.37	68.17	67.25
Long-Term Deferred Tax Assets	10.29	9.04	9.77	5.58	4.56	6.42
Long-Term Deferred Charges	4.72	19.2	31.47	34.37	34.77	34.67
Other Long-Term Assets	0.76	1.15	1.21	1.72	59.9	67.94
Total Assets	981.02	1,406	1,517	1,880	1,550	1,507
Accounts Payable	130.93	311.94	304.5	417.25	156.79	164.4
Accrued Expenses	13.35	36.9	42.72	48.45	44.03	42.77
Short-Term Debt	217.4	388.42	283.12	140.36	186.7	239.06
Current Portion of Long-Term Debt	10.1	22.45	93.2	36.12	2.02	33.09
Current Portion of Leases	-	27.2	10.89	11.94	10.16	9.72
Current Income Taxes Payable	8.61	4.48	3.77	6.89	7.22	2.81
Current Unearned Revenue	1.03	1.26	3.43	3.79	4.3	3
Other Current Liabilities	54.17	65.77	50.22	118.61	73.14	27.39
Total Current Liabilities	435.58	858.42	791.83	783.41	484.35	522.24
Long-Term Debt	30	27	19.9	76	78	16.5
Long-Term Leases	20.5	162.59	175.86	176.48	122.49	133.61
Long-Term Unearned Revenue	8.68	8.76	8.88	9.18	9.45	9.71
Long-Term Deferred Tax Liabilities	26.01	26.77	28.17	30.42	31.53	27.96
Total Liabilities	520.77	1,084	1,025	1,075	725.81	710.03
Common Stock	441.69	441.69	445.75	445.75	309.58	207.18
Additional Paid-In Capital	356.77	356.77	364.26	362.34	384.61	365.09
Retained Earnings	-352.3	-420.31	-280.76	16.5	172.61	198.5
Treasury Stock	-	-	-11.61	-31.83	-63.74	-
Comprehensive Income & Other	-0.16	1.09	0.51	0.44	0.39	-0.21
Total Common Equity	446	379.24	518.16	793.21	803.45	770.55
Minority Interest	14.26	-56.47	-25.65	10.99	20.46	26.01
Shareholders' Equity	460.25	322.77	492.51	804.2	823.91	796.56
Total Liabilities & Equity	981.02	1,406	1,517	1,880	1,550	1,507
Total Debt	278	627.66	582.95	440.9	399.37	431.98
Net Cash (Debt)	-38.19	-375.29	-373.57	-207.62	-66.16	-299.73
Net Cash Per Share	-0.09	-0.86	-0.85	-0.48	-0.15	-0.69
Filing Date Shares Outstanding	453.41	441.69	445.75	445.75	433.41	406.06
Total Common Shares Outstanding	453.41	441.69	445.75	445.75	433.41	406.06
Working Capital	34.98	-292.64	-207.17	-91.1	187.12	43.67
Book Value Per Share	0.98	0.86	1.16	1.78	1.85	1.90
Tangible Book Value	375.93	305.32	441.33	597.02	610.72	542.99
Tangible Book Value Per Share	0.83	0.69	0.99	1.34	1.41	1.34
Buildings	-	413.24	433.65	405.55	347.27	347.27
Machinery	-	461.21	500.73	544.72	259.68	250.63
Construction In Progress	-	86.77	13.18	47.51	27.06	6.67