SHE:002855 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	100.18	-	67.92	217.91	251.66	389.24
Trading Asset Securities	0.84	-	0.01	25.12	-	0.65
Cash & Short-Term Investments	101.02	94.99	67.93	243.03	251.66	389.9
Cash Growth	-36.01%	39.83%	-72.05%	-3.43%	-35.45%	8.18%
Accounts Receivable	346.61	-	375.12	371.55	627.36	622.58
Other Receivables	17.7	-	59.67	39.72	23.78	31.36
Receivables	364.31	-	434.8	411.27	651.14	653.94
Inventory	151.73	-	247.75	185.11	310.95	347.44
Prepaid Expenses	-	-	0.29	0.41	0.76	0.36
Other Current Assets	134.91	-	49.46	46.07	36.73	106.09
Total Current Assets	751.98	-	800.24	885.89	1,251	1,498
Property, Plant & Equipment	738.58	-	881.22	977.71	1,044	997.26
Long-Term Investments	25.01	-	24.97	29.03	27.14	23.53
Other Intangible Assets	93.13	-	147.71	152.62	156.23	151.1
Long-Term Deferred Tax Assets	-	-	3.1	14.44	20.28	32.95
Long-Term Deferred Charges	44.38	-	87.34	82.81	78.74	59.95
Other Long-Term Assets	7.48	-	13.55	15.96	27.59	56.47
Total Assets	1,661	-	1,958	2,158	2,605	2,819
Accounts Payable	523.57	-	603.73	465.77	987.44	1,181
Accrued Expenses	70.22	-	85.18	54.12	152.57	98.43
Short-Term Debt	406.64	-	258	252.98	214.12	160.01
Current Portion of Long-Term Debt	23.46	-	171.69	24.24	-	-
Current Portion of Leases	-	-	27.67	48.66	41.42	27.81
Current Income Taxes Payable	7.54	-	0.6	0.04	0.8	0.5
Current Unearned Revenue	9.62	-	9.48	4.99	7.21	4.57
Other Current Liabilities	317.99	-	87.14	85.76	20.23	27.69
Total Current Liabilities	1,359	-	1,243	936.56	1,424	1,500
Long-Term Debt	-	-	-	171.5	-	-
Long-Term Leases	73.99	-	80.57	91.45	109.74	116.84
Long-Term Unearned Revenue	49.15	-	49.95	50.82	40.95	34.4
Other Long-Term Liabilities	6.61	-	1.36	0.32	0.34	0.14
Total Liabilities	1,489	-	1,375	1,251	1,575	1,652
Common Stock	246.42	-	246.42	246.42	246.42	250.61
Additional Paid-In Capital	652.15	-	552.35	552.35	552.35	567.11
Retained Earnings	-706.11	-	-197.95	100.26	219.49	344.4
Treasury Stock	-	-	-	-	-	-18.95
Comprehensive Income & Other	14.68	-	-4.73	7.41	4.03	4.94
Total Common Equity	207.13	327.04	596.09	906.44	1,022	1,148
Minority Interest	-35.34	-	-13.33	1.37	7.77	19.22
Shareholders' Equity	171.8	304.35	582.75	907.81	1,030	1,167
Total Liabilities & Equity	1,661	-	1,958	2,158	2,605	2,819
Total Debt	504.08	511.12	537.94	588.83	365.29	304.66
Net Cash (Debt)	-403.06	-416.12	-470.01	-345.8	-113.63	85.23
Net Cash Growth	-	-	-	-	-	-59.52%
Net Cash Per Share	-1.64	-1.69	-1.91	-1.39	-0.45	0.34
Filing Date Shares Outstanding	246.45	245.11	246.42	246.42	246.42	250.61
Total Common Shares Outstanding	246.45	245.11	246.42	246.42	246.42	250.61
Working Capital	-607.05	-	-443.26	-50.67	-172.55	-2.56
Book Value Per Share	0.84	1.33	2.42	3.68	4.15	4.58
Tangible Book Value	114	232.39	448.38	753.82	866.06	997.02
Tangible Book Value Per Share	0.46	0.94	1.82	3.06	3.51	3.98
Buildings	-	-	452.19	451.76	388.32	384.33
Machinery	-	-	1,052	1,026	1,064	992.2
Construction In Progress	-	-	9.97	29.82	134.87	90.98

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