SHE:001313 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	Jan '22 Jan 1, 2022
Cash & Equivalents	985.47	1,180	1,228	1,082	998.94	1,028
Short-Term Investments	-	-	-	-	-	13.17
Trading Asset Securities	19.01	10	-	-	95.7	-
Cash & Short-Term Investments	1,004	1,190	1,228	1,082	1,095	1,041
Cash Growth	22.33%	-3.07%	13.51%	-1.18%	5.17%	-13.06%
Accounts Receivable	1,462	1,064	1,149	1,296	1,383	769.28
Other Receivables	82.26	50.34	70.44	74.99	53.71	23.1
Receivables	1,544	1,114	1,220	1,371	1,437	792.37
Inventory	837.73	704.84	688.8	728.03	660.98	630.57
Prepaid Expenses	-	-	0.01	0.01	1.12	-
Other Current Assets	156.84	73.34	107.72	48.16	34.83	42.2
Total Current Assets	3,543	3,083	3,244	3,229	3,229	2,506
Property, Plant & Equipment	1,166	1,053	954.79	943	977.73	838.35
Long-Term Investments	10.26	11.1	11.47	7.63	-	-
Goodwill	38.16	20.26	20.26	20.26	20.26	20.26
Other Intangible Assets	214.76	190.02	163.95	169.67	176.12	185.17
Long-Term Accounts Receivable	-	-	133.9	82.11	8.43	7.35
Long-Term Deferred Tax Assets	240.49	228.26	216.59	142.92	92.56	73.23
Long-Term Deferred Charges	5.3	4.97	4.33	3.35	2.65	2.51
Other Long-Term Assets	136.36	167.47	40.2	36.99	41.83	43.29
Total Assets	5,354	4,758	4,790	4,635	4,548	3,676
Accounts Payable	1,361	1,177	1,178	936.2	777.62	423.99
Accrued Expenses	35.5	53.23	56.29	62.3	20.98	70.1
Short-Term Debt	385.58	440.15	503.25	562.83	777.26	667.62
Current Portion of Long-Term Debt	28.25	22.17	0.24	-	-	-
Current Portion of Leases	-	-	12.67	14.09	14	11.69
Current Income Taxes Payable	28.18	18.88	17.82	20.18	9.38	19.11
Current Unearned Revenue	456.73	219.63	166.04	127.78	122.25	202.24
Other Current Liabilities	58.07	50.5	33.12	53.28	6.37	12.44
Total Current Liabilities	2,353	1,982	1,967	1,777	1,728	1,407
Long-Term Debt	117.2	22.54	21.72	-	-	-
Long-Term Leases	175.01	131.87	120.39	74.4	0.08	6.92
Long-Term Unearned Revenue	28.32	29.28	31.87	22.81	23.69	25.7
Long-Term Deferred Tax Liabilities	-	-	0.05	0.02	0	-
Other Long-Term Liabilities	43.94	50.53	75.52	34.64	6.57	3.29
Total Liabilities	2,718	2,216	2,217	1,909	1,758	1,443
Common Stock	700	700	700	700	700	600
Additional Paid-In Capital	624.77	618.99	625.99	610.44	643.05	262.97
Retained Earnings	1,288	1,277	1,338	1,457	1,450	1,373
Treasury Stock	-50.04	-50.07	-86.76	-38.17	-	-
Total Common Equity	2,563	2,546	2,577	2,730	2,793	2,236
Minority Interest	73.85	-3.45	-4.11	-2.97	-2.99	-3.25
Shareholders' Equity	2,637	2,542	2,573	2,727	2,790	2,233
Total Liabilities & Equity	5,354	4,758	4,790	4,635	4,548	3,676
Total Debt	706.04	616.72	658.28	651.31	791.35	686.23
Net Cash (Debt)	298.44	573.45	569.63	430.4	303.3	354.62
Net Cash Growth	64.07%	0.67%	32.35%	41.91%	-14.47%	-
Net Cash Per Share	0.51	0.97	0.80	0.63	0.45	0.59
Filing Date Shares Outstanding	562.9	407.8	689.47	689.48	700	600
Total Common Shares Outstanding	562.9	407.8	689.47	689.48	700	600
Working Capital	1,190	1,101	1,277	1,453	1,501	1,099
Book Value Per Share	4.55	6.24	3.74	3.96	3.99	3.73
Tangible Book Value	2,310	2,335	2,393	2,540	2,597	2,031
Tangible Book Value Per Share	4.10	5.73	3.47	3.68	3.71	3.38
Buildings	-	-	785	784.37	688.03	634.14
Machinery	-	-	862.05	842.62	778.39	736.62
Construction In Progress	-	-	78.04	15.86	143.05	12.06

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