SHE:300197 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	808.43	880.64	964.58	2,708	2,792	3,133
Trading Asset Securities	0.05	0.05	-	-	-	-
Cash & Short-Term Investments	808.49	880.69	964.58	2,708	2,792	3,133
Cash Growth	-36.00%	-8.70%	-64.39%	-2.99%	-10.89%	-6.35%
Accounts Receivable	4,320	4,480	5,530	6,797	8,025	7,861
Other Receivables	2,655	2,693	2,461	1,310	1,129	1,149
Receivables	6,975	7,173	7,991	8,108	9,154	9,010
Inventory	247.18	247.64	332.9	365.49	415.27	441.15
Other Current Assets	345.24	345.25	353.44	281.24	342.67	303.41
Total Current Assets	8,376	8,646	9,642	11,463	12,704	12,887
Property, Plant & Equipment	439.18	447.24	494.16	527.45	743	778.46
Long-Term Investments	809.88	815.17	943.44	955.05	922.64	1,484
Goodwill	206.81	206.81	468.34	645.09	753.12	754.3
Other Intangible Assets	240.79	242.11	245.31	243.55	432.67	548.35
Long-Term Accounts Receivable	13,618	13,594	14,320	15,999	15,822	14,095
Long-Term Deferred Tax Assets	721.02	725.17	721.66	545.43	472.2	359.99
Long-Term Deferred Charges	2.38	2.34	3.82	4.98	6.58	15.63
Other Long-Term Assets	-	-	-	0.01	0.01	0.01
Total Assets	24,413	24,679	26,839	30,383	31,857	30,923
Accounts Payable	4,647	4,995	5,203	5,310	5,578	5,188
Accrued Expenses	98.34	227.64	218.63	197.97	189.97	163.74
Short-Term Debt	1,189	9,852	8,467	7,962	9,319	7,719
Current Portion of Long-Term Debt	3,373	3,558	1,246	1,430	1,810	2,334
Current Portion of Leases	-	13.75	15.6	27.15	26.01	26.41
Current Income Taxes Payable	157.65	17.99	19.96	23.57	38.28	37.23
Current Unearned Revenue	423.41	395.37	548.95	283.48	295.65	318.44
Other Current Liabilities	10,562	1,661	1,786	1,885	2,176	1,879
Total Current Liabilities	20,451	20,722	17,506	17,119	19,433	17,665
Long-Term Debt	2,924	2,784	6,048	7,239	5,219	5,119
Long-Term Leases	61.11	60.75	89.53	108.34	121.49	131.31
Long-Term Unearned Revenue	0.99	0.99	4.85	5.53	7.54	44.22
Long-Term Deferred Tax Liabilities	34.51	35.29	19.19	18.8	15.09	23.35
Other Long-Term Liabilities	57.02	57.02	64.99	54.71	52.36	50.02
Total Liabilities	23,529	23,659	23,732	24,545	24,848	23,033
Common Stock	2,965	2,965	2,965	2,965	2,823	2,823
Additional Paid-In Capital	2,781	2,781	2,781	2,781	2,626	2,626
Retained Earnings	-6,192	-6,070	-4,056	-1,459	24.12	890.3
Comprehensive Income & Other	85.41	89.73	81.87	83.06	31.33	40.29
Total Common Equity	-360.06	-234.4	1,773	4,371	5,504	6,379
Minority Interest	323.05	332.32	412.44	545.05	582.73	589.01
Shareholders' Equity	884.84	1,020	3,107	5,838	7,009	7,890
Total Liabilities & Equity	24,413	24,679	26,839	30,383	31,857	30,923
Total Debt	7,547	16,269	15,866	16,766	16,495	15,329
Net Cash (Debt)	-6,739	-15,388	-14,902	-14,058	-13,703	-12,196
Net Cash Per Share	-2.36	-5.36	-5.17	-5.12	-5.22	-5.17
Filing Date Shares Outstanding	2,965	2,965	2,965	2,965	2,823	2,823
Total Common Shares Outstanding	2,965	2,965	2,965	2,965	2,823	2,823
Working Capital	-12,076	-12,076	-7,864	-5,656	-6,729	-4,778
Book Value Per Share	-0.12	-0.08	0.60	1.47	1.95	2.26
Tangible Book Value	-807.65	-683.33	1,059	3,482	4,318	5,076
Tangible Book Value Per Share	-0.27	-0.23	0.36	1.17	1.53	1.80
Buildings	-	537.8	535.07	535.55	535.55	535.55
Machinery	-	115.41	150.58	161.83	197.34	207.91
Construction In Progress	-	2.2	4.84	1.45	178.62	160.52

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