SHE:002992 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	Dec '21 Dec 31, 2021
Cash & Equivalents	256.29	234.71	235.78	295.48	289.51	529.94
Cash & Short-Term Investments	256.29	234.71	235.78	295.48	289.51	529.94
Cash Growth	-7.82%	-0.46%	-20.20%	2.06%	-45.37%	-30.24%
Accounts Receivable	580.52	586.98	668.9	777.52	511.19	631.62
Other Receivables	2.25	1.43	2.77	5.26	5.74	4.6
Receivables	582.77	588.41	671.68	782.78	516.93	636.22
Inventory	96.32	87.27	80.29	159.8	73.53	79.54
Prepaid Expenses	-	-	1.6	1.73	1.1	1.01
Other Current Assets	33.75	64.65	45.03	37.73	30.87	27.75
Total Current Assets	969.12	975.05	1,034	1,278	911.94	1,274
Property, Plant & Equipment	995.31	994.91	1,015	970.83	916.59	898.34
Long-Term Investments	-	43.6	43.6	43.6	20.1	16.08
Other Intangible Assets	88.44	89.29	92.34	129.27	132.76	134.69
Long-Term Accounts Receivable	-	-	1.57	1.57	-	-
Long-Term Deferred Tax Assets	17.59	18.74	8.72	5.94	2.11	12.65
Long-Term Deferred Charges	2.08	2.18	2.6	6.83	9.03	8.84
Other Long-Term Assets	49.35	5.58	2.99	75.64	79.16	9.42
Total Assets	2,122	2,129	2,201	2,511	2,072	2,354
Accounts Payable	487.82	549.11	651.85	803.97	562.43	654.21
Accrued Expenses	15.08	15.59	69.13	59.41	38.45	33.04
Short-Term Debt	414.99	298.38	302.42	271.95	107.86	339.15
Current Portion of Long-Term Debt	-	197.68	62.8	60.54	161	45.29
Current Portion of Leases	-	-	60.14	86.59	49.75	3.14
Current Income Taxes Payable	6.35	9	0.12	-	-	0
Current Unearned Revenue	6.06	0.66	6.44	19.9	5.24	0.33
Other Current Liabilities	180.03	89.06	89.8	100.81	67.34	1.2
Total Current Liabilities	1,110	1,159	1,243	1,403	992.08	1,076
Long-Term Debt	170.8	169.46	187.88	200.69	69.82	149.5
Long-Term Leases	-	-	21.39	75.34	62.64	10.74
Long-Term Unearned Revenue	1.31	1.37	2.13	3.4	5.52	7.79
Other Long-Term Liabilities	98.16	41.15	2.71	2.66	3.27	1.51
Total Liabilities	1,381	1,371	1,457	1,685	1,133	1,246
Common Stock	180.87	180.87	182.04	184.27	184.97	179.35
Additional Paid-In Capital	870.56	870.56	875.95	886.69	884.08	822.87
Retained Earnings	-315.34	-301.31	-313.25	-236.9	-113.05	110.28
Treasury Stock	-	-	-17.48	-31.91	-37.6	-
Total Common Equity	736.08	750.11	727.25	802.14	918.39	1,113
Minority Interest	5.21	7.77	16.63	23.78	19.97	-3.91
Shareholders' Equity	741.29	757.89	743.89	825.93	938.36	1,109
Total Liabilities & Equity	2,122	2,129	2,201	2,511	2,072	2,354
Total Debt	585.79	665.53	634.64	695.11	451.08	547.82
Net Cash (Debt)	-329.5	-430.82	-398.86	-399.63	-161.56	-17.87
Net Cash Per Share	-1.93	-2.53	-2.25	-2.23	-0.90	-0.10
Filing Date Shares Outstanding	175.39	179.89	182.04	184.27	184.97	179.35
Total Common Shares Outstanding	175.39	179.89	182.04	184.27	184.97	179.35
Working Capital	-141.21	-184.44	-208.34	-125.66	-80.14	198.11
Book Value Per Share	4.20	4.17	3.99	4.35	4.97	6.20
Tangible Book Value	647.64	660.82	634.91	672.88	785.63	977.81
Tangible Book Value Per Share	3.69	3.67	3.49	3.65	4.25	5.45
Buildings	-	-	493.92	483.21	479.79	317.31
Machinery	-	-	1,111	854.4	867.49	823.59
Construction In Progress	-	-	112.7	261.78	104.38	206.94

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