SHE:300388 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	760.51	867.72	943.59	805.81	1,157	1,392
Cash & Short-Term Investments	760.51	867.72	943.59	805.81	1,157	1,392
Cash Growth	-13.38%	-8.04%	17.10%	-30.34%	-16.88%	-7.75%
Accounts Receivable	5,174	5,123	4,635	3,698	3,051	2,559
Other Receivables	59.21	320.46	323.35	298.94	448.93	255.38
Receivables	5,233	5,443	4,958	3,997	3,500	2,814
Inventory	127.98	77.4	68.27	78.32	90.21	192.68
Prepaid Expenses	-	3.89	6.47	-	-	-
Other Current Assets	570.63	276.69	263.4	283.52	309.95	355.99
Total Current Assets	6,692	6,669	6,240	5,165	5,057	4,755
Property, Plant & Equipment	414.87	386.98	252.05	180.72	186.97	227.87
Long-Term Investments	601.29	600.55	588.07	577.57	532.06	503.26
Goodwill	151.32	151.32	151.32	151.32	151.32	165.22
Other Intangible Assets	8,597	8,701	8,241	8,453	8,874	9,070
Long-Term Deferred Tax Assets	173.74	171.67	124.43	102.51	82.64	99.71
Long-Term Deferred Charges	18.41	21.69	42.53	43.3	52.65	75.25
Other Long-Term Assets	732.73	745.34	818.22	1,084	68.82	112.67
Total Assets	17,381	17,448	16,457	15,757	15,006	15,009
Accounts Payable	2,458	2,834	2,759	2,565	2,271	2,561
Accrued Expenses	22.82	97.48	119.52	109.95	119.67	115.99
Short-Term Debt	2,401	1,649	1,290	1,610	1,382	1,809
Current Portion of Long-Term Debt	1,667	1,940	1,517	1,641	964.78	499.62
Current Portion of Leases	-	64.96	7.6	3.1	6.42	6.1
Current Income Taxes Payable	69.32	48.49	34.67	32.85	48.59	30.47
Current Unearned Revenue	115.62	74.68	41.51	14.06	29.2	62.97
Other Current Liabilities	88.63	136.72	102.9	123.69	114.31	95.19
Total Current Liabilities	6,823	6,846	5,873	6,101	4,935	5,180
Long-Term Debt	5,111	5,258	5,446	4,997	5,633	5,585
Long-Term Leases	0.84	160.65	220.57	0.7	14.51	25.58
Long-Term Unearned Revenue	24.94	25.38	27.34	29.75	41.56	43.97
Long-Term Deferred Tax Liabilities	0.13	0.26	-	0.45	0.5	0.12
Other Long-Term Liabilities	294.97	127.11	127.24	151.93	177.89	241.29
Total Liabilities	12,254	12,417	11,694	11,281	10,802	11,076
Common Stock	681.04	681.04	681.04	699.08	698.96	698.96
Additional Paid-In Capital	1,581	1,581	1,579	1,712	1,661	1,691
Retained Earnings	2,531	2,441	2,217	1,939	1,670	1,347
Treasury Stock	-	-	-	-151.01	-151.01	-151.01
Comprehensive Income & Other	8.79	5.27	-1.08	-3.14	49.2	46.63
Total Common Equity	4,801	4,708	4,477	4,196	3,927	3,632
Minority Interest	325.75	323.08	287.1	280.4	276.25	300.36
Shareholders' Equity	5,127	5,031	4,764	4,477	4,204	3,933
Total Liabilities & Equity	17,381	17,448	16,457	15,757	15,006	15,009
Total Debt	9,179	9,073	8,481	8,253	8,000	7,925
Net Cash (Debt)	-8,419	-8,205	-7,538	-7,447	-6,843	-6,533
Net Cash Per Share	-12.36	-12.05	-11.07	-10.90	-9.72	-9.40
Filing Date Shares Outstanding	681.16	681.04	681.04	681.04	680.92	680.92
Total Common Shares Outstanding	681.16	681.04	681.04	681.04	680.92	680.92
Working Capital	-130.51	-176.75	366.98	-936.05	122.12	-425.6
Book Value Per Share	7.05	6.91	6.57	6.16	5.77	5.33
Tangible Book Value	-3,947	-4,145	-3,916	-4,408	-5,098	-5,603
Tangible Book Value Per Share	-5.79	-6.09	-5.75	-6.47	-7.49	-8.23
Buildings	-	251.82	188.4	189.61	190.07	189.84
Machinery	-	234.48	224.12	220.8	209.29	223.28
Construction In Progress	-	175.71	91.86	12.69	1.04	0.24
Order Backlog	-	1,593	-	-	-	-

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