SHE:001239 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	316.6	237.11	338.75	618.21	20.4	68.3
Trading Asset Securities	202.47	215.72	270.19	-	2.24	4.86
Cash & Short-Term Investments	519.06	452.83	608.94	618.21	22.65	73.16
Cash Growth	-12.71%	-25.64%	-1.50%	2629.80%	-69.05%	-20.61%
Accounts Receivable	1,426	1,396	1,559	694.24	437.29	314.6
Other Receivables	20.44	12.53	6.85	4.16	4.55	5.78
Receivables	1,446	1,409	1,566	698.41	441.84	320.38
Inventory	876.74	837.38	674.08	330.6	313.24	355.55
Prepaid Expenses	-	0.16	-	-	-	-
Other Current Assets	52.8	31.22	126.27	16.18	7.4	8.7
Total Current Assets	2,895	2,730	2,975	1,663	785.13	757.8
Property, Plant & Equipment	652.21	663.29	661.02	328.13	305.53	281.72
Long-Term Investments	320.47	307.85	-	-	-	-
Other Intangible Assets	135.62	136.75	143.78	40.11	41.41	43.26
Long-Term Accounts Receivable	-	128.18	112.92	73.21	77.42	63.58
Long-Term Deferred Tax Assets	35.22	31.57	24	10.27	10.15	9.78
Long-Term Deferred Charges	2.95	3.83	6.06	2.47	2.46	3.12
Other Long-Term Assets	123.15	12.8	18.4	11	6.32	11.37
Total Assets	4,164	4,014	3,941	2,129	1,228	1,171
Accounts Payable	720.02	567.84	546.76	208.37	167.33	200.1
Accrued Expenses	22.26	35.93	43.91	22.19	27.18	18.36
Short-Term Debt	267.57	246.95	324.32	98.08	24.62	70.43
Current Portion of Long-Term Debt	220.98	167.66	256.44	116.88	247.38	4.15
Current Portion of Leases	-	-	-	2.93	2.79	4.56
Current Income Taxes Payable	27.61	25.75	12.33	17.6	1.42	18.57
Current Unearned Revenue	4.84	2.03	2.66	0.45	1.09	1.21
Other Current Liabilities	58.3	107.02	166.12	17.51	12.75	52.74
Total Current Liabilities	1,322	1,153	1,353	484.01	484.56	370.12
Long-Term Debt	686.99	716.97	540.28	350.32	177.01	330.12
Long-Term Leases	-	-	-	5.43	8.69	11.18
Long-Term Unearned Revenue	65.05	67.16	53.85	41.23	46.17	51.11
Long-Term Deferred Tax Liabilities	35.52	36.3	54.48	19.41	12.92	0.53
Other Long-Term Liabilities	0.67	1.25	15.76	4.98	3.64	5.03
Total Liabilities	2,110	1,975	2,017	905.38	732.98	768.09
Common Stock	240	240	240	240	180	180
Additional Paid-In Capital	779.55	779.49	779.49	779.49	203.29	203.29
Retained Earnings	332.95	330.38	282.84	203.76	112.54	19.23
Comprehensive Income & Other	4.65	4.49	4.44	-0.06	-0.39	0.02
Total Common Equity	1,357	1,354	1,307	1,223	495.44	402.55
Minority Interest	697.22	685.21	617.41	-	-	-
Shareholders' Equity	2,054	2,040	1,924	1,223	495.44	402.55
Total Liabilities & Equity	4,164	4,014	3,941	2,129	1,228	1,171
Total Debt	1,176	1,132	1,121	573.64	460.48	420.44
Net Cash (Debt)	-656.49	-678.75	-512.11	44.57	-437.84	-347.28
Net Cash Per Share	-2.73	-2.83	-2.13	0.25	-2.43	-1.93
Filing Date Shares Outstanding	240.27	240	240	240	180	180
Total Common Shares Outstanding	240.27	240	240	240	180	180
Working Capital	1,573	1,577	1,622	1,179	300.58	387.68
Book Value Per Share	5.65	5.64	5.44	5.10	2.75	2.24
Tangible Book Value	1,222	1,218	1,163	1,183	454.02	359.29
Tangible Book Value Per Share	5.08	5.07	4.85	4.93	2.52	2.00
Buildings	-	423.75	415.7	148.34	138.6	137.83
Machinery	-	853.68	806.24	381.35	353.61	312.77
Construction In Progress	-	10.3	15.32	26.17	9.29	2.09

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