SHE:000819 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	Dec '21 Dec 31, 2021
Cash & Equivalents	369.27	251.58	274.38	1,102	239.23	275.25
Trading Asset Securities	-	-	-	-	-	113.39
Cash & Short-Term Investments	369.27	251.58	274.38	1,102	239.23	388.64
Cash Growth	-7.43%	-8.31%	-75.11%	360.81%	-38.45%	-29.21%
Accounts Receivable	238.09	261.53	139.29	147	88.05	27.17
Other Receivables	5.47	5.72	102.91	68.32	16.27	12.76
Receivables	243.55	267.25	242.21	215.32	104.32	40.83
Inventory	249.15	237.07	175.02	82.07	66.13	69.85
Other Current Assets	217.83	200.68	55.16	68.57	9.44	25.53
Total Current Assets	1,080	956.58	746.77	1,468	419.12	524.85
Property, Plant & Equipment	1,990	2,013	1,869	1,583	584.74	441.81
Long-Term Investments	135.66	129.97	119.15	64.56	54.54	51.86
Goodwill	0.23	0.23	0.23	0.23	0.23	0.23
Other Intangible Assets	288.28	291.05	299.83	243.34	202.09	80.07
Long-Term Deferred Tax Assets	22.78	23.82	15.36	20.2	10.14	0.28
Long-Term Deferred Charges	7.04	6.57	7.92	6.98	8.37	9.29
Other Long-Term Assets	37.37	9.54	12.87	15.44	108.15	78.85
Total Assets	3,561	3,430	3,071	3,402	1,387	1,187
Accounts Payable	207.12	227.39	298.91	340.33	81.17	81.5
Accrued Expenses	11.32	41.62	87.54	93.05	45.39	54.55
Short-Term Debt	383.18	353.97	119.78	179.5	6.5	10
Current Portion of Long-Term Debt	44.22	42.72	22.16	20	1	-
Current Portion of Leases	-	-	1.53	1.6	0.94	0.97
Current Income Taxes Payable	81.54	25.73	3.36	14.51	11.68	10.09
Current Unearned Revenue	66.18	56.43	57.17	62.87	38.82	34.81
Other Current Liabilities	80.67	65.99	67.74	80.99	60.26	32.19
Total Current Liabilities	874.23	813.85	658.18	792.86	245.75	224.11
Long-Term Debt	414.94	370.5	122.39	386.76	49	-
Long-Term Leases	5.66	5.65	3.04	4.08	2.03	3.25
Long-Term Unearned Revenue	34.47	35.26	10.12	-	-	-
Long-Term Deferred Tax Liabilities	2.51	1.91	5.25	13.1	10.97	10.29
Other Long-Term Liabilities	18.46	3.93	0.37	1.14	0.37	-
Total Liabilities	1,350	1,231	799.35	1,198	308.13	237.64
Common Stock	369.5	369.5	369.7	369.7	306.33	299.15
Additional Paid-In Capital	1,069	1,069	1,079	1,059	117.51	68.46
Retained Earnings	606.14	603.34	692.35	666.19	565.11	488.78
Treasury Stock	-29.04	-29.04	-50.28	-64.38	-47	-
Comprehensive Income & Other	62.86	59.98	58.53	56.97	47.83	44.76
Total Common Equity	2,079	2,073	2,150	2,087	989.79	901.15
Minority Interest	132.32	126.5	122.18	116.89	89.47	48.44
Shareholders' Equity	2,211	2,199	2,272	2,204	1,079	949.59
Total Liabilities & Equity	3,561	3,430	3,071	3,402	1,387	1,187
Total Debt	848.01	772.84	268.9	591.95	59.46	14.22
Net Cash (Debt)	-478.73	-521.26	5.49	510.44	179.77	374.42
Net Cash Growth	-	-	-98.92%	183.95%	-51.99%	-30.79%
Net Cash Per Share	-1.30	-1.40	0.02	1.72	0.60	1.25
Filing Date Shares Outstanding	350.06	391.22	369.7	369.7	306.33	299.15
Total Common Shares Outstanding	350.06	391.22	369.7	369.7	306.33	299.15
Working Capital	205.58	142.72	88.59	675.49	173.37	300.74
Book Value Per Share	5.94	5.30	5.81	5.65	3.23	3.01
Tangible Book Value	1,790	1,782	1,850	1,844	787.47	820.85
Tangible Book Value Per Share	5.11	4.55	5.00	4.99	2.57	2.74
Buildings	-	-	638.37	366.7	280.38	-
Machinery	-	-	772.78	531.34	510.49	-
Construction In Progress	-	-	936.63	1,083	149.36	-

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