SHE:002840 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	1,694	1,651	666.17	628.47	998.06	424.2
Cash & Short-Term Investments	1,694	1,651	666.17	628.47	998.06	424.2
Cash Growth	142.73%	147.83%	6.00%	-37.03%	135.28%	-26.39%
Accounts Receivable	69.33	58.06	86.01	42.68	48.38	28.42
Other Receivables	85.27	80.87	92.16	57.16	41.25	52.72
Receivables	154.59	138.92	178.17	99.84	89.63	81.13
Inventory	1,225	1,360	1,357	965.44	1,022	524.92
Prepaid Expenses	-	-	4.35	3.35	1.62	1.86
Other Current Assets	360.09	325.42	306.04	265.91	224.9	242.78
Total Current Assets	3,434	3,475	2,512	1,963	2,336	1,275
Property, Plant & Equipment	5,850	5,847	6,439	6,386	5,985	5,338
Long-Term Investments	67.53	65.93	55.19	45.49	30.1	24.24
Goodwill	65.16	65.16	65.16	65.16	65.16	65.16
Other Intangible Assets	261.64	263.62	269.48	287.68	280.97	265.56
Long-Term Deferred Tax Assets	3.58	3.58	4.26	1.36	0.04	0.05
Long-Term Deferred Charges	62.17	62.29	65.75	78.99	67.73	68.74
Other Long-Term Assets	548.48	550.42	82.91	80.33	106.56	99.29
Total Assets	10,292	10,332	9,493	8,908	8,872	7,136
Accounts Payable	829.53	994.01	618.16	621.78	486.86	569.02
Accrued Expenses	48.05	47.96	70.16	68.98	60.54	45.9
Short-Term Debt	2,733	2,402	2,281	1,972	1,431	1,321
Current Portion of Long-Term Debt	928.27	968.64	899.05	576.68	590.22	124.92
Current Portion of Leases	-	-	12.43	13.97	9.89	19.94
Current Income Taxes Payable	10.91	22.71	1.3	2.3	6.01	13.44
Current Unearned Revenue	51.35	63.08	74.38	68	66.44	63.46
Other Current Liabilities	185.44	145.95	117.31	180.5	140.58	125.35
Total Current Liabilities	4,787	4,644	4,074	3,504	2,792	2,283
Long-Term Debt	930.77	867.73	1,748	2,203	2,074	2,352
Long-Term Leases	147.57	137.15	203.87	184.42	179.62	153.37
Long-Term Unearned Revenue	350.19	347.9	360.68	388.09	290.23	229.51
Long-Term Deferred Tax Liabilities	-	-	-	-	7.22	2.6
Other Long-Term Liabilities	351.59	350.44	482.73	373.66	182.87	0.84
Total Liabilities	6,567	6,347	6,869	6,653	5,526	5,022
Common Stock	802.17	802.17	646.49	614.64	606.33	456.24
Additional Paid-In Capital	3,035	3,035	1,695	1,432	1,356	445.87
Retained Earnings	-190.34	50.24	186.26	113.22	734.07	646.33
Treasury Stock	-50.14	-50.14	-96.42	-113.27	-49.11	-49.11
Comprehensive Income & Other	-	-	-	26.17	26.69	42.27
Total Common Equity	3,596	3,837	2,431	2,073	2,674	1,542
Minority Interest	128.77	148.46	193.19	182.17	671.97	573.03
Shareholders' Equity	3,725	3,985	2,624	2,255	3,346	2,115
Total Liabilities & Equity	10,292	10,332	9,493	8,908	8,872	7,136
Total Debt	4,740	4,375	5,144	4,950	4,285	3,972
Net Cash (Debt)	-3,046	-2,724	-4,478	-4,321	-3,287	-3,547
Net Cash Per Share	-3.88	-3.60	-7.36	-7.36	-7.12	-8.11
Filing Date Shares Outstanding	801.93	892.13	646.49	614.64	606.33	456.24
Total Common Shares Outstanding	801.93	892.13	646.49	614.64	606.33	456.24
Working Capital	-1,353	-1,169	-1,562	-1,541	-455.83	-1,008
Book Value Per Share	4.48	4.30	3.76	3.37	4.41	3.38
Tangible Book Value	3,269	3,508	2,097	1,720	2,328	1,211
Tangible Book Value Per Share	4.08	3.93	3.24	2.80	3.84	2.65
Buildings	-	-	4,386	4,158	3,165	2,604
Machinery	-	-	2,004	1,958	169.08	1,232
Construction In Progress	-	-	923.16	924.63	1,711	1,635

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