SHE:300266 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	361.48	394.12	548.93	734.78	589.03	911.4
Short-Term Investments	-	20	70	-	-	-
Trading Asset Securities	1.08	0.71	-	0.11	-	-
Cash & Short-Term Investments	362.55	414.83	618.93	734.89	589.03	911.4
Cash Growth	-38.39%	-32.98%	-15.78%	24.76%	-35.37%	-23.73%
Accounts Receivable	1,489	1,620	1,655	1,779	2,030	2,287
Other Receivables	185.29	119.9	81.33	87.01	117.86	129.73
Receivables	1,674	1,740	1,737	1,866	2,148	2,417
Inventory	212.96	221.53	219.08	277.4	260.53	268.98
Prepaid Expenses	-	5.63	4.4	6.74	10.65	6.32
Other Current Assets	437.85	429.23	439.01	469.84	595.46	700.03
Total Current Assets	2,687	2,811	3,018	3,355	3,603	4,304
Property, Plant & Equipment	307.55	317.2	286.84	259.88	303.52	362.25
Long-Term Investments	74.98	75.45	70.29	72.81	106.77	132.74
Goodwill	57.76	57.76	57.76	57.76	227.36	290.92
Other Intangible Assets	442.4	447.07	505.74	597.77	562.52	591.52
Long-Term Accounts Receivable	-	5,283	5,399	5,592	6,000	5,830
Long-Term Deferred Tax Assets	106.92	109.49	148.19	183.38	220.64	182.96
Long-Term Deferred Charges	2.36	2.6	2.09	2.69	5	4.94
Other Long-Term Assets	5,386	121.59	127.04	107.81	97.49	45.13
Total Assets	9,065	9,225	9,615	10,230	11,127	11,744
Accounts Payable	1,446	1,621	1,839	1,994	2,240	2,464
Accrued Expenses	26.21	53.96	64.12	51	54.64	63.86
Short-Term Debt	3,390	3,162	2,982	2,678	2,944	2,496
Current Portion of Long-Term Debt	760.39	255.77	430	686.52	403.4	429.36
Current Portion of Leases	-	-	-	-	5.91	6.73
Current Income Taxes Payable	26.86	18.45	1.32	1	4.46	6.69
Current Unearned Revenue	159.9	158.52	206.71	213.66	227.35	227.25
Other Current Liabilities	142.66	817.36	435.92	408.36	407.75	541.49
Total Current Liabilities	5,952	6,087	5,959	6,032	6,287	6,235
Long-Term Debt	1,638	2,146	2,129	2,454	2,448	2,624
Long-Term Leases	1.82	1.82	18.61	38.65	63.04	27.16
Long-Term Unearned Revenue	6.65	6.89	2.33	2.86	3.55	4.91
Pension & Post-Retirement Benefits	-	-	-	0.88	2.21	-
Long-Term Deferred Tax Liabilities	41.35	40.66	17.14	13.4	31.05	35.08
Other Long-Term Liabilities	757.02	242.99	726.89	686.34	725.74	706.72
Total Liabilities	8,398	8,525	8,852	9,228	9,561	9,633
Common Stock	1,554	1,554	1,554	1,554	1,569	1,570
Additional Paid-In Capital	1,748	1,748	1,549	1,434	1,380	1,367
Retained Earnings	-2,982	-2,950	-2,723	-2,420	-1,431	-878.53
Treasury Stock	-	-	-	-	-29.18	-31.66
Comprehensive Income & Other	-289.42	-289.48	-289	-288.3	-260.51	-261.58
Total Common Equity	30.54	62.35	91.24	278.86	1,228	1,766
Minority Interest	637.39	637.62	671.3	722.49	337.58	345.49
Shareholders' Equity	667.94	699.97	762.54	1,001	1,566	2,111
Total Liabilities & Equity	9,065	9,225	9,615	10,230	11,127	11,744
Total Debt	5,791	5,566	5,559	5,857	5,864	5,583
Net Cash (Debt)	-5,429	-5,151	-4,940	-5,122	-5,275	-4,672
Net Cash Per Share	-3.50	-3.32	-3.18	-3.31	-3.44	-2.59
Filing Date Shares Outstanding	1,554	1,554	1,554	1,554	1,570	1,570
Total Common Shares Outstanding	1,554	1,554	1,554	1,554	1,570	1,570
Working Capital	-3,265	-3,276	-2,941	-2,677	-2,684	-1,932
Book Value Per Share	0.02	0.04	0.06	0.18	0.78	1.12
Tangible Book Value	-469.61	-442.48	-472.26	-376.67	438.36	883.43
Tangible Book Value Per Share	-0.30	-0.28	-0.30	-0.24	0.28	0.56
Buildings	-	223.82	236.93	244.86	282.67	298.28
Machinery	-	530.78	453.28	430.13	417.11	403.36
Construction In Progress	-	7.87	40.82	9.62	4.13	16.95

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