SHE:300197 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	880.64	964.58	2,708	2,792	3,133
Trading Asset Securities	0.05	-	-	-	-
Cash & Short-Term Investments	880.69	964.58	2,708	2,792	3,133
Cash Growth	-8.70%	-64.39%	-2.99%	-10.89%	-6.35%
Accounts Receivable	4,480	5,530	6,797	8,025	7,861
Other Receivables	989.94	2,461	1,310	1,129	1,149
Receivables	5,470	7,991	8,108	9,154	9,010
Inventory	247.64	332.9	365.49	415.27	441.15
Other Current Assets	2,048	353.44	281.24	342.67	303.41
Total Current Assets	8,646	9,642	11,463	12,704	12,887
Property, Plant & Equipment	447.24	494.16	527.45	743	778.46
Long-Term Investments	815.17	943.44	955.05	922.64	1,484
Goodwill	206.81	468.34	645.09	753.12	754.3
Other Intangible Assets	242.11	245.31	243.55	432.67	548.35
Long-Term Accounts Receivable	-	14,320	15,999	15,822	14,095
Long-Term Deferred Tax Assets	725.17	721.66	545.43	472.2	359.99
Long-Term Deferred Charges	2.34	3.82	4.98	6.58	15.63
Other Long-Term Assets	13,594	-	0.01	0.01	0.01
Total Assets	24,679	26,839	30,383	31,857	30,923
Accounts Payable	4,995	5,203	5,310	5,578	5,188
Accrued Expenses	97.28	218.63	197.97	189.97	163.74
Short-Term Debt	2,298	4,143	7,962	9,319	7,719
Current Portion of Long-Term Debt	3,572	1,246	1,430	1,810	2,334
Current Portion of Leases	-	15.6	27.15	26.01	26.41
Current Income Taxes Payable	156	19.96	23.57	38.28	37.23
Current Unearned Revenue	395.37	548.95	283.48	295.65	318.44
Other Current Liabilities	9,207	6,111	1,885	2,176	1,879
Total Current Liabilities	20,722	17,506	17,119	19,433	17,665
Long-Term Debt	2,784	6,048	7,239	5,219	5,119
Long-Term Leases	60.75	89.53	108.34	121.49	131.31
Long-Term Unearned Revenue	0.99	4.85	5.53	7.54	44.22
Long-Term Deferred Tax Liabilities	35.29	19.19	18.8	15.09	23.35
Other Long-Term Liabilities	57.02	64.99	54.71	52.36	50.02
Total Liabilities	23,659	23,732	24,545	24,848	23,033
Common Stock	2,965	2,965	2,965	2,823	2,823
Additional Paid-In Capital	2,781	2,781	2,781	2,626	2,626
Retained Earnings	-6,070	-4,056	-1,459	24.12	890.3
Comprehensive Income & Other	1,012	81.87	83.06	31.33	40.29
Total Common Equity	687.44	1,773	4,371	5,504	6,379
Minority Interest	332.32	412.44	545.05	582.73	589.01
Shareholders' Equity	1,020	3,107	5,838	7,009	7,890
Total Liabilities & Equity	24,679	26,839	30,383	31,857	30,923
Total Debt	8,715	11,542	16,766	16,495	15,329
Net Cash (Debt)	-7,834	-10,577	-14,058	-13,703	-12,196
Net Cash Per Share	-2.73	-3.67	-5.12	-5.22	-5.17
Filing Date Shares Outstanding	3,080	2,965	2,965	2,823	2,823
Total Common Shares Outstanding	3,080	2,965	2,965	2,823	2,823
Working Capital	-12,076	-7,864	-5,656	-6,729	-4,778
Book Value Per Share	0.22	0.60	1.47	1.95	2.26
Tangible Book Value	238.51	1,059	3,482	4,318	5,076
Tangible Book Value Per Share	0.08	0.36	1.17	1.53	1.80
Buildings	-	534.8	535.55	535.55	535.55
Machinery	-	150.85	161.83	197.34	207.91
Construction In Progress	-	4.84	1.45	178.62	160.52

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