SHE:002822 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	546.74	602.55	236.89	641.4	1,339	1,796
Trading Asset Securities	33.46	44.88	7.03	7.33	157.19	210.71
Cash & Short-Term Investments	580.2	647.42	243.92	648.73	1,496	2,007
Cash Growth	184.32%	165.43%	-62.40%	-56.63%	-25.45%	52.32%
Accounts Receivable	158.04	126.88	3,547	4,943	5,626	5,297
Other Receivables	46.87	47.67	209.24	156.01	195.86	117.93
Receivables	204.91	174.55	3,756	5,100	5,822	5,415
Inventory	-	-	524.03	526.18	471.99	371.68
Other Current Assets	17.4	23.82	58.35	77.8	90.29	55.01
Total Current Assets	802.51	845.79	4,583	6,352	7,880	7,848
Property, Plant & Equipment	338.32	351.67	822.26	950.63	912.51	550.7
Long-Term Investments	49.96	54.76	71.87	78.33	94.86	106.6
Goodwill	103.29	103.29	140.26	176.36	185.48	93.2
Other Intangible Assets	147.58	149.2	224.52	254.23	283.94	312.38
Long-Term Deferred Tax Assets	5.98	5.98	11.24	20.47	15.64	4.43
Long-Term Deferred Charges	0.96	0.89	2.45	4.4	7.15	1.35
Other Long-Term Assets	22.93	10.74	256.11	270.55	229.81	278.38
Total Assets	1,472	1,522	6,111	8,107	9,610	9,195
Accounts Payable	76.62	83.87	1,422	1,545	1,632	1,364
Accrued Expenses	33.97	70.05	580.09	410.74	563.96	388.44
Short-Term Debt	26.26	26.26	1,077	1,025	1,681	1,778
Current Portion of Long-Term Debt	0.12	-	224.87	51.24	50.25	43.09
Current Portion of Leases	-	-	95.36	5.33	9.05	26.56
Current Income Taxes Payable	10.57	4	6.76	7.87	11.96	20.39
Current Unearned Revenue	16.7	19.51	65.91	119.49	142.09	217.53
Other Current Liabilities	165	172.05	381.62	636.25	406.13	412.74
Total Current Liabilities	329.23	375.75	3,854	3,801	4,496	4,251
Long-Term Debt	-	-	1,155	1,347	1,156	940.62
Long-Term Leases	0.16	-	29.16	29.85	238.41	243.86
Long-Term Unearned Revenue	2.02	2.09	2.37	2.65	2.97	3.31
Long-Term Deferred Tax Liabilities	1.52	1.52	6.67	9.73	14.71	0.75
Other Long-Term Liabilities	36.07	36.14	32.64	71.16	32.98	7.5
Total Liabilities	369	415.49	5,079	5,261	5,941	5,447
Common Stock	1,951	1,951	728.23	713.63	713.64	720.54
Additional Paid-In Capital	3,489	3,489	1,323	1,256	1,270	1,301
Retained Earnings	-4,337	-4,329	-1,159	628.37	1,332	1,419
Treasury Stock	-21.09	-21.09	-5	-5	-5.19	-32.48
Comprehensive Income & Other	-0.73	-0.73	207.4	222.11	230.77	231.45
Total Common Equity	1,081	1,088	1,095	2,815	3,542	3,639
Minority Interest	21.42	18.37	-62.93	31.29	126.85	109
Shareholders' Equity	1,103	1,107	1,032	2,846	3,668	3,748
Total Liabilities & Equity	1,472	1,522	6,111	8,107	9,610	9,195
Total Debt	26.53	26.26	2,581	2,458	3,134	3,032
Net Cash (Debt)	553.66	621.17	-2,337	-1,810	-1,638	-1,025
Net Cash Per Share	0.27	0.35	-1.37	-2.53	-2.93	-1.42
Filing Date Shares Outstanding	1,928	4,913	4,659	752.56	712.7	743.87
Total Common Shares Outstanding	1,928	4,913	4,659	752.56	712.7	743.87
Working Capital	473.28	470.05	728.83	2,551	3,384	3,597
Book Value Per Share	0.56	0.22	0.23	3.74	4.97	4.89
Tangible Book Value	830.24	835.96	730.05	2,384	3,072	3,234
Tangible Book Value Per Share	0.43	0.17	0.16	3.17	4.31	4.35
Buildings	-	155.83	448.58	448.26	352.81	291.25
Machinery	-	27.93	149.03	159.93	125.9	79.55
Construction In Progress	-	288.2	394.22	487.84	541.33	255.41

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