SHE:301175 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	-	1,023	992.38	1,756	562.29
Accounts Receivable	-	667.41	607.45	445.98	378.86
Other Receivables	-	153.77	162.72	158.64	121.91
Inventory	-	89.84	136.15	48.57	72.39
Prepaid Expenses	-	-	-	2.41	1.51
Other Current Assets	-	55.8	17.82	15.92	9.11
Total Current Assets	-	1,990	1,917	2,428	1,146
Property, Plant & Equipment	-	1,223	1,081	986.92	984.38
Other Intangible Assets	-	4,073	3,929	2,986	2,356
Long-Term Deferred Tax Assets	-	76.02	67.59	53.64	42.85
Long-Term Deferred Charges	-	39.08	28.7	20.37	7.51
Other Long-Term Assets	-	88.35	129.64	23.24	20.56
Total Assets	-	7,490	7,152	6,498	4,557
Accounts Payable	-	530.32	552.51	465.38	387.74
Accrued Expenses	-	71.34	65.47	69.6	59.98
Short-Term Debt	-	104.44	216.96	257.21	147.27
Current Portion of Long-Term Debt	-	187.01	110.22	124.74	116.24
Current Unearned Revenue	-	97.77	62.35	82.98	24.31
Current Portion of Leases	-	1.64	1.97	4.49	4.8
Current Income Taxes Payable	-	9.84	6.23	13.8	14.35
Other Current Liabilities	-	129.21	122.09	65.41	200.56
Total Current Liabilities	-	1,132	1,138	1,084	955.25
Long-Term Debt	-	2,073	1,893	1,719	1,539
Long-Term Leases	-	0.82	1.15	12.13	2.58
Long-Term Unearned Revenue	-	111.76	113.67	117.06	101.21
Long-Term Deferred Tax Liabilities	-	30.79	27.79	10.48	4.32
Other Long-Term Liabilities	-	229.39	280.16	106.5	94.99
Total Liabilities	-	3,577	3,454	3,049	2,697
Common Stock	-	1,472	1,472	1,472	1,105
Additional Paid-In Capital	-	1,129	1,127	1,126	140.93
Retained Earnings	-	976.18	802.67	613.95	401.81
Comprehensive Income & Other	-	3.85	3.07	0.23	-
Total Common Equity	3,615	3,581	3,404	3,212	1,647
Minority Interest	-	331.82	293.62	237.48	212.63
Shareholders' Equity	3,971	3,913	3,698	3,449	1,860
Total Liabilities & Equity	-	7,490	7,152	6,498	4,557
Total Debt	2,879	2,367	2,224	2,117	1,810
Net Cash (Debt)	-1,923	-1,344	-1,231	-361.03	-1,248
Net Cash Per Share	-1.31	-0.92	-0.82	-0.29	-1.15
Filing Date Shares Outstanding	1,472	1,472	1,472	1,472	1,105
Total Common Shares Outstanding	1,472	1,472	1,472	1,472	1,105
Working Capital	-	858.56	778.71	1,344	190.82
Book Value Per Share	2.46	2.43	2.31	2.18	1.49
Tangible Book Value	-899.37	-492.56	-524.12	225.98	-708.6
Tangible Book Value Per Share	-0.61	-0.33	-0.36	0.15	-0.64
Buildings	-	847.87	584.83	570.91	552.1
Machinery	-	793.91	746.67	723.22	696.66
Construction In Progress	-	49.96	152.72	20.15	10.6

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