SHE:300140 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	1,738	1,726	2,047	5,596	2,262	753.24
Short-Term Investments	-	18.23	29.9	15.33	-	-
Trading Asset Securities	-	-	17.32	7.62	-	-
Cash & Short-Term Investments	1,738	1,745	2,094	5,619	2,262	753.24
Cash Growth	-13.97%	-16.69%	-62.73%	148.45%	200.26%	37.28%
Accounts Receivable	6,806	6,509	5,811	5,046	4,092	1,094
Other Receivables	76.51	71.42	40.11	14.69	93.41	15.29
Receivables	6,883	6,581	5,851	5,061	4,185	1,109
Inventory	582.55	562.46	543.32	471.3	535.29	397.97
Prepaid Expenses	-	20.13	24.72	25.89	28.67	9.04
Other Current Assets	493.78	519.65	745.3	948.57	1,099	120.27
Total Current Assets	9,697	9,427	9,258	12,126	8,110	2,389
Property, Plant & Equipment	7,782	7,909	8,258	8,631	8,836	477.1
Long-Term Investments	12.8	13.79	13.81	21.55	25.02	29.67
Goodwill	128.71	128.71	128.71	185.16	252.65	194.14
Other Intangible Assets	12,092	12,237	12,607	13,042	13,259	103.87
Long-Term Accounts Receivable	-	23.37	40.44	57.47	86.02	92.78
Long-Term Deferred Tax Assets	193.64	184.01	131.05	140.88	106.77	43.59
Long-Term Deferred Charges	11.89	12.15	15.46	11.52	9.92	3.74
Other Long-Term Assets	61.88	37.35	54.5	120.09	99.03	61.49
Total Assets	29,981	29,973	30,506	34,335	30,784	3,396
Accounts Payable	2,321	2,510	2,543	2,908	3,450	520.13
Accrued Expenses	18.58	59.55	69.91	81.81	95.59	52.74
Short-Term Debt	93.02	115.13	74.07	1,295	421.12	392.81
Current Portion of Long-Term Debt	1,058	1,057	1,153	1,398	1,504	300.61
Current Portion of Leases	-	-	4.57	4	4.23	4.79
Current Income Taxes Payable	151.38	94.03	70.52	37.05	29.03	2.36
Current Unearned Revenue	324.77	322.03	266.77	202.95	300.62	190.58
Other Current Liabilities	464.27	473.97	452.9	1,730	794.78	91.98
Total Current Liabilities	4,431	4,632	4,635	7,656	6,599	1,556
Long-Term Debt	6,261	9,561	10,748	12,096	12,354	194
Long-Term Leases	0.23	0.23	0.22	6.5	7.99	10.11
Long-Term Unearned Revenue	530.05	557.79	562.64	561.75	560	10.09
Long-Term Deferred Tax Liabilities	4.18	4.35	6.46	9.67	8.48	8.64
Other Long-Term Liabilities	3,971	770.82	603.49	466.81	346.26	10.91
Total Liabilities	15,198	15,526	16,556	20,797	19,875	1,790
Common Stock	3,099	3,099	3,099	3,115	427.24	427.24
Additional Paid-In Capital	8,288	8,288	8,288	8,354	8,770	1,320
Retained Earnings	2,948	2,628	2,128	1,709	1,001	-276.76
Comprehensive Income & Other	30.41	21.63	16.75	-64.01	4	3.12
Total Common Equity	14,366	14,036	13,532	13,114	10,202	1,473
Minority Interest	417.44	410.58	418.86	424.55	707.57	132.78
Shareholders' Equity	14,783	14,447	13,951	13,539	10,909	1,606
Total Liabilities & Equity	29,981	29,973	30,506	34,335	30,784	3,396
Total Debt	7,412	10,733	11,980	14,799	14,291	902.32
Net Cash (Debt)	-5,674	-8,989	-9,886	-9,180	-12,029	-149.08
Net Cash Per Share	-1.83	-2.90	-3.18	-3.58	-4.78	-0.35
Filing Date Shares Outstanding	3,099	3,099	3,099	3,115	427.24	427.24
Total Common Shares Outstanding	3,099	3,099	3,099	3,115	427.24	427.24
Working Capital	5,266	4,796	4,623	4,469	1,511	833.3
Book Value Per Share	4.64	4.53	4.37	4.21	23.88	3.45
Tangible Book Value	2,144	1,670	796.63	-112.98	-3,310	1,175
Tangible Book Value Per Share	0.69	0.54	0.26	-0.04	-7.75	2.75
Buildings	-	5,432	5,293	5,182	4,867	438.91
Machinery	-	6,504	6,318	6,220	6,046	126.3
Construction In Progress	-	4.96	140.04	168.54	327.88	1.42

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.