SHE:001285 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	319.06	602.11	302.75	127.85	95.32	97.73
Trading Asset Securities	1,840	1,604	281.67	60.72	-	-
Cash & Short-Term Investments	2,159	2,206	584.42	188.58	95.32	97.73
Cash Growth	217.88%	277.44%	209.91%	97.83%	-2.46%	-35.36%
Accounts Receivable	1,335	1,304	968.81	1,079	913.84	724.21
Other Receivables	3.34	8.63	13.22	9.3	8.78	7.07
Receivables	1,338	1,313	982.03	1,088	922.62	731.28
Inventory	764.89	593.49	484.04	670.58	577.1	569.27
Other Current Assets	48.48	37.56	21.62	43.46	70.44	60.93
Total Current Assets	4,311	4,150	2,072	1,991	1,665	1,459
Property, Plant & Equipment	769.86	724.18	580.74	464.57	446.17	405.95
Long-Term Investments	-	-	0.25	0.25	0.25	-
Goodwill	21.97	21.97	21.97	21.97	21.97	21.97
Other Intangible Assets	55.73	58.13	54.64	53.24	28.62	29.25
Long-Term Deferred Tax Assets	37.97	39.58	29.23	28.44	31.31	26.53
Long-Term Deferred Charges	13.81	9.81	11.23	10.44	9.1	5.29
Other Long-Term Assets	84.29	77.65	67.75	53.46	59.21	62.21
Total Assets	5,294	5,081	2,838	2,623	2,262	2,010
Accounts Payable	1,025	856.47	520.51	685.34	510.35	478.21
Accrued Expenses	60.07	105.37	91.35	77.96	75.34	68.45
Short-Term Debt	11.43	23.2	80.9	57.43	81.09	83.81
Current Income Taxes Payable	-	-	10.57	3.05	2.21	8.17
Current Unearned Revenue	8.88	11.77	10.52	4.18	1.59	1.32
Other Current Liabilities	206.04	179.44	146.6	119.66	139.97	216.7
Total Current Liabilities	1,311	1,176	860.46	947.61	810.55	856.67
Long-Term Debt	-	-	178.2	168.77	183.77	-
Long-Term Leases	2.98	4.62	12.58	22.67	32.61	23.79
Long-Term Unearned Revenue	29.9	31.99	16.02	19.99	14.29	11.89
Long-Term Deferred Tax Liabilities	2.09	1.48	1.66	2.12	5.25	5.77
Other Long-Term Liabilities	48.58	50.23	45	11.61	3.02	2.97
Total Liabilities	1,394	1,265	1,114	1,173	1,049	901.09
Common Stock	180.18	180.18	135.13	135.13	135.13	135.13
Additional Paid-In Capital	1,767	1,767	56.28	56.28	56.28	56.28
Retained Earnings	1,924	1,841	1,508	1,239	1,003	906.09
Total Common Equity	3,871	3,789	1,700	1,430	1,194	1,098
Minority Interest	28.51	27.86	24.48	20.3	18.18	11.81
Shareholders' Equity	3,900	3,816	1,724	1,451	1,213	1,109
Total Liabilities & Equity	5,294	5,081	2,838	2,623	2,262	2,010
Total Debt	14.4	27.82	271.69	248.87	297.47	107.6
Net Cash (Debt)	2,145	2,178	312.73	-60.29	-202.15	-9.87
Net Cash Growth	417.48%	596.45%	-	-	-	-
Net Cash Per Share	13.61	14.85	2.31	-0.45	-1.50	-0.08
Filing Date Shares Outstanding	179.75	158.29	180.18	134.82	135.13	116.87
Total Common Shares Outstanding	179.75	158.29	180.18	134.82	135.13	116.87
Working Capital	3,000	2,973	1,212	1,043	854.94	602.55
Book Value Per Share	21.54	23.93	9.43	10.61	8.84	9.39
Tangible Book Value	3,794	3,708	1,623	1,355	1,144	1,046
Tangible Book Value Per Share	21.10	23.43	9.01	10.05	8.46	8.95
Buildings	-	-	87.46	85.9	72.72	74.31
Machinery	-	-	700.85	675.77	627.89	563.97
Construction In Progress	-	-	180.4	30.65	12.5	17.46