SHE:300459 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	242.44	230.26	364.54	338.29	623.16	884.92
Cash & Short-Term Investments	242.44	230.26	364.54	338.29	623.16	884.92
Cash Growth	-26.11%	-36.84%	7.76%	-45.72%	-29.58%	24.23%
Accounts Receivable	111.97	112.39	149.73	206.2	221.36	207.91
Other Receivables	133.26	146.13	15.19	175.02	244.57	17.5
Receivables	245.23	258.51	164.92	381.23	465.93	225.41
Inventory	9.14	7.69	6.24	4.76	4.16	5.36
Other Current Assets	68.41	55.37	93.82	70.9	37.33	27.47
Total Current Assets	565.21	551.83	629.53	795.18	1,131	1,143
Property, Plant & Equipment	297.13	304.72	509.57	472.53	364.86	353.86
Long-Term Investments	227.72	310.22	946.94	597.84	520.35	1,128
Goodwill	712.9	712.9	1,785	2,679	3,648	3,648
Other Intangible Assets	258.63	276.75	253.96	193	287.61	295.29
Long-Term Deferred Tax Assets	1.99	2.06	1.81	1.41	1.13	0.96
Long-Term Deferred Charges	61.11	53.8	49.62	116.4	82.95	107.99
Other Long-Term Assets	193.76	171.78	196.69	236.51	206.5	216.99
Total Assets	2,318	2,384	4,373	5,092	6,242	6,894
Accounts Payable	53.36	47.04	72.06	67.68	93.31	90.7
Accrued Expenses	55.09	59.65	66.37	94.11	104.03	95.23
Short-Term Debt	826.86	811.35	966.79	971.33	766.56	744.22
Current Portion of Long-Term Debt	359.15	368.91	261.36	225.17	504.31	684.54
Current Portion of Leases	-	14.79	61.23	17.01	14.34	16.04
Current Income Taxes Payable	15.86	4.36	8.87	18.38	9.38	16.89
Current Unearned Revenue	30.83	40.59	35.05	44.6	40.23	74.25
Other Current Liabilities	52.79	68.58	28.12	28.15	420.13	611.93
Total Current Liabilities	1,394	1,415	1,500	1,466	1,952	2,334
Long-Term Debt	83.5	86.5	233.15	487.63	384.64	951.97
Long-Term Leases	13.65	17.09	52.38	26.42	21.98	40.95
Pension & Post-Retirement Benefits	-	1.75	1.7	1.46	1.23	1.29
Other Long-Term Liabilities	1.68	-	-	-	-	-
Total Liabilities	1,493	1,521	1,787	1,982	2,360	3,328
Common Stock	3,516	3,516	3,516	3,516	3,516	3,516
Additional Paid-In Capital	518.57	518.57	518.57	520.38	520.38	494.39
Retained Earnings	-2,732	-2,748	-1,541	-678.07	222.79	-63.49
Comprehensive Income & Other	-566.73	-512.99	-0.41	-344.23	-377.42	-382.15
Total Common Equity	736.14	773.34	2,493	3,014	3,882	3,565
Minority Interest	89.54	90.12	93.14	96.52	0.06	1.27
Shareholders' Equity	825.68	863.46	2,586	3,110	3,882	3,566
Total Liabilities & Equity	2,318	2,384	4,373	5,092	6,242	6,894
Total Debt	1,283	1,299	1,575	1,728	1,692	2,438
Net Cash (Debt)	-1,041	-1,068	-1,210	-1,389	-1,069	-1,553
Net Cash Per Share	-0.30	-0.30	-0.34	-0.40	-0.32	-0.44
Filing Date Shares Outstanding	3,516	3,516	3,516	3,516	3,516	3,516
Total Common Shares Outstanding	3,516	3,516	3,516	3,516	3,516	3,516
Working Capital	-828.73	-863.43	-870.31	-671.25	-821.7	-1,191
Book Value Per Share	0.21	0.22	0.71	0.86	1.10	1.01
Tangible Book Value	-235.39	-216.32	453.95	141.41	-53.81	-378.49
Tangible Book Value Per Share	-0.07	-0.06	0.13	0.04	-0.02	-0.11
Buildings	-	390.76	391.42	344.68	387.11	345.63
Machinery	-	172.6	364.19	169.42	158.25	157.69
Construction In Progress	-	-	-	150.76	2.35	0.24

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