SHE:001269 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	103.27	108.37	70.33	847.24	442.04	121.16
Short-Term Investments	-	35.11	308.62	-	-	-
Trading Asset Securities	270.22	408.71	348.97	20.02	-	10
Cash & Short-Term Investments	373.48	552.19	727.92	867.26	442.04	131.16
Cash Growth	-35.09%	-24.14%	-16.07%	96.20%	237.01%	1962.79%
Accounts Receivable	443.74	418.78	409.48	1,320	978.4	520.1
Other Receivables	0.14	70.24	90.67	20.76	3.39	2.09
Receivables	443.88	489.02	500.14	1,341	981.8	522.19
Inventory	125.47	124.31	116.42	487.82	105.8	47.18
Prepaid Expenses	-	-	0.01	-	-	-
Other Current Assets	328.05	207.85	236.01	229.3	40.47	28.76
Total Current Assets	1,271	1,373	1,581	2,925	1,570	729.29
Property, Plant & Equipment	279.71	274.53	451.64	553.89	397.78	236.5
Other Intangible Assets	13.22	13.42	13.17	16.74	17.11	17.47
Long-Term Deferred Tax Assets	183.74	182.27	142.06	25.59	13.34	6.81
Long-Term Deferred Charges	7.26	9.11	19.77	12.67	0.46	3.67
Other Long-Term Assets	6.38	2.73	2.16	5.28	11.05	8.03
Total Assets	1,761	1,855	2,209	3,539	2,010	1,002
Accounts Payable	255.03	248.78	277.62	916.23	665.07	405.71
Accrued Expenses	19.5	26.02	28.96	82.31	46.88	31.82
Short-Term Debt	190.51	274.43	272.15	93.08	56.28	40.13
Current Portion of Long-Term Debt	36.02	30.04	60.03	25.94	-	-
Current Portion of Leases	-	6.08	6.72	6.21	7.22	-
Current Income Taxes Payable	6.53	3.71	5.19	14.71	20.75	4.74
Current Unearned Revenue	0.12	0.1	2.17	9.79	0.85	1.56
Other Current Liabilities	18.4	25.03	19.13	109.32	21.97	5.32
Total Current Liabilities	526.11	614.2	671.95	1,258	819.03	489.28
Long-Term Debt	435.75	429.84	435.65	434.03	24.94	-
Long-Term Leases	2.01	1.96	5.43	11.26	9.98	31.22
Long-Term Unearned Revenue	18.91	19.47	19.72	10.77	8	8.43
Long-Term Deferred Tax Liabilities	16.48	17.17	14.32	15.18	6.22	-
Total Liabilities	999.27	1,083	1,147	1,729	868.17	528.93
Common Stock	192.41	192.41	192.41	192.4	137.43	103.07
Additional Paid-In Capital	368.25	368.23	368.04	367.54	422.51	26.5
Retained Earnings	113.28	124.15	400.11	1,167	581.74	343.27
Comprehensive Income & Other	87.99	88	101.68	83.68	-	-
Shareholders' Equity	761.93	772.79	1,062	1,811	1,142	472.83
Total Liabilities & Equity	1,761	1,855	2,209	3,539	2,010	1,002
Total Debt	664.3	742.35	779.97	570.52	98.43	71.35
Net Cash (Debt)	-290.82	-190.16	-52.05	296.74	343.61	59.82
Net Cash Growth	-	-	-	-13.64%	474.43%	-
Net Cash Per Share	-1.51	-0.99	-0.27	1.54	2.06	0.41
Filing Date Shares Outstanding	192.41	192.41	192.41	192.4	192.4	144.3
Total Common Shares Outstanding	192.41	192.41	192.41	192.4	192.4	144.3
Working Capital	744.77	759.17	908.55	1,668	751.08	240.01
Book Value Per Share	3.96	4.02	5.52	9.41	5.93	3.28
Tangible Book Value	748.71	759.37	1,049	1,794	1,125	455.36
Tangible Book Value Per Share	3.89	3.95	5.45	9.32	5.85	3.16
Buildings	-	130.53	129.38	107.07	97.01	66.52
Machinery	-	450.17	555.02	535.26	347.47	212.93
Construction In Progress	-	3.95	2.98	76.82	60.8	11.97

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