SHE:300237 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	47.62	34.48	74.78	406.82	520.24	765.07
Trading Asset Securities	-	-	-	-	0.02	0.01
Cash & Short-Term Investments	47.62	34.48	74.78	406.82	520.26	765.08
Cash Growth	-1.88%	-53.89%	-81.62%	-21.80%	-32.00%	-25.39%
Accounts Receivable	1,788	1,906	3,353	4,955	5,462	6,036
Other Receivables	261.89	237.77	343.99	319.04	496.68	383
Receivables	2,050	2,144	3,697	5,274	5,959	6,419
Inventory	322.12	372.4	310.76	580.16	590.88	650.48
Prepaid Expenses	-	-	5.7	39.81	33.63	2.28
Other Current Assets	127.96	116.53	66.84	123.06	91.77	141.31
Total Current Assets	2,547	2,667	4,155	6,424	7,195	7,978
Property, Plant & Equipment	939.33	954.03	1,016	1,461	1,479	1,422
Long-Term Investments	26.91	26.91	43.48	71.05	99.49	108.29
Goodwill	-	-	-	1.95	1.95	145.42
Other Intangible Assets	138.34	139.51	147.03	161.62	160.73	173.06
Long-Term Accounts Receivable	-	-	6.24	0.2	3.2	0.2
Long-Term Deferred Tax Assets	23.87	23.92	21.85	19.72	261.96	115.5
Long-Term Deferred Charges	19.7	20.61	18.89	32.97	41.42	48.27
Other Long-Term Assets	678.61	681.67	115.42	166.34	188	259.54
Total Assets	4,374	4,514	5,524	8,338	9,431	10,250
Accounts Payable	1,473	1,534	1,706	2,165	2,380	2,598
Accrued Expenses	59.36	76.87	181.18	145.88	101.75	92.66
Short-Term Debt	588.44	591.8	1,083	2,235	2,162	1,205
Current Portion of Long-Term Debt	144.09	140.69	1,053	1,076	1,123	1,910
Current Portion of Leases	-	-	1.11	1.01	0.89	0.52
Current Income Taxes Payable	18.25	10.85	3.42	5.17	9.72	19.37
Current Unearned Revenue	45.4	29.38	25.21	161.83	102.23	79.37
Other Current Liabilities	448.5	524.25	282.25	947.85	627.98	243.98
Total Current Liabilities	2,777	2,907	4,335	6,738	6,508	6,149
Long-Term Debt	1,218	1,218	744.42	821	1,488	1,472
Long-Term Leases	0.29	0.57	38.56	85.01	159.52	5.12
Long-Term Unearned Revenue	6.77	6.8	7.48	9.39	6.44	8.33
Long-Term Deferred Tax Liabilities	49.94	49.85	48.11	74.08	81.89	76.91
Other Long-Term Liabilities	160.04	156.91	120.8	118.25	97.87	94.91
Total Liabilities	4,213	4,340	5,295	7,845	8,342	7,806
Common Stock	1,442	1,442	1,442	1,442	1,442	1,453
Additional Paid-In Capital	2,149	2,149	1,547	1,204	402.54	406.32
Retained Earnings	-3,526	-3,516	-2,869	-2,301	-910.16	446.86
Treasury Stock	-	-	-	-	-	-42.99
Comprehensive Income & Other	-20.31	-20.31	-17.48	-10.94	-6.66	-9.5
Total Common Equity	44.65	54.65	102.2	333.81	927.64	2,254
Minority Interest	116.79	119.67	126.78	159.16	161.94	189.93
Shareholders' Equity	161.43	174.32	228.98	492.97	1,090	2,444
Total Liabilities & Equity	4,374	4,514	5,524	8,338	9,431	10,250
Total Debt	1,951	1,951	2,920	4,218	4,934	4,593
Net Cash (Debt)	-1,903	-1,917	-2,845	-3,811	-4,413	-3,827
Net Cash Per Share	-1.48	-1.34	-1.95	-2.63	-3.06	-2.61
Filing Date Shares Outstanding	1,000	1,445	1,442	1,442	1,442	1,442
Total Common Shares Outstanding	1,000	1,445	1,442	1,442	1,442	1,442
Working Capital	-230.17	-239.99	-180.8	-313.84	687.98	1,829
Book Value Per Share	0.04	0.04	0.07	0.23	0.64	1.56
Tangible Book Value	-93.69	-84.86	-44.83	170.25	764.97	1,935
Tangible Book Value Per Share	-0.09	-0.06	-0.03	0.12	0.53	1.34
Buildings	-	-	1,109	1,166	915.93	911.61
Machinery	-	-	394.01	409.91	425.38	400.21
Construction In Progress	-	-	18.22	144.87	342.5	224.71

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