SHE:001314 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	547.72	936.78	1,296	1,358	497.36	564.97
Trading Asset Securities	32.1	-	1.32	-	-	-
Cash & Short-Term Investments	579.82	936.78	1,297	1,358	497.36	564.97
Cash Growth	-50.62%	-27.77%	-4.52%	173.10%	-11.97%	49.76%
Accounts Receivable	635.78	1,119	420.63	278.63	229.85	229.19
Other Receivables	23.15	57.39	78.22	87.49	15.25	22.39
Receivables	658.93	1,176	498.84	366.12	245.1	251.58
Inventory	1,516	1,170	628.1	526.04	546.06	482.62
Other Current Assets	676.44	191.87	40.7	35.81	73.41	60.12
Total Current Assets	3,431	3,475	2,465	2,286	1,362	1,359
Property, Plant & Equipment	511.59	489.11	465.46	441.17	307.2	133.5
Long-Term Investments	102.46	53.49	32.25	16.7	5.93	5.27
Other Intangible Assets	50.13	49.39	52.33	46.1	48.89	51.78
Long-Term Accounts Receivable	-	-	-	-	-	4.66
Long-Term Deferred Tax Assets	106.41	101.44	74.32	38.8	21.12	20.5
Long-Term Deferred Charges	30.4	25.49	14.17	10.54	3.42	1.7
Other Long-Term Assets	17.85	23.62	8.43	7.97	4.95	4.35
Total Assets	4,250	4,217	3,112	2,848	1,753	1,581
Accounts Payable	957.54	1,242	603.97	492.74	323.92	556.16
Accrued Expenses	68.1	99.4	60.28	62.74	68.82	82.46
Short-Term Debt	546.01	329.58	153.59	13.87	29.09	15.02
Current Portion of Long-Term Debt	-	0.21	-	-	0.18	-
Current Portion of Leases	11.8	8.91	3.23	4.33	10.93	12.22
Current Income Taxes Payable	9.86	0.69	3.96	4.47	3.77	7.01
Current Unearned Revenue	242.02	165.99	78.22	58.54	95.55	56.74
Other Current Liabilities	136.34	140.48	83	124.7	75.23	74.6
Total Current Liabilities	1,972	1,987	986.25	761.39	607.5	804.21
Long-Term Debt	62.3	20.4	-	-	213.7	43.87
Long-Term Leases	15.08	14.16	7.02	0.3	4.14	8.3
Long-Term Unearned Revenue	35.5	36	38	-	-	-
Long-Term Deferred Tax Liabilities	2.08	2.33	2.24	1.43	3.42	3
Other Long-Term Liabilities	23.95	20.99	15.49	13.57	11.94	12.79
Total Liabilities	2,111	2,081	1,049	776.69	840.7	872.18
Common Stock	142.63	142.63	141.45	142	105.33	105.33
Additional Paid-In Capital	1,315	1,308	1,259	1,266	163.99	160.5
Retained Earnings	781.46	738.55	685.59	698.34	639.76	442.58
Treasury Stock	-126.48	-80.48	-23.43	-36.37	-	-
Comprehensive Income & Other	-1.1	-0.33	-1.6	-1.2	-1.57	-0.28
Total Common Equity	2,111	2,108	2,061	2,069	907.5	708.13
Minority Interest	28.11	28.59	1.59	2.37	5.24	0.74
Shareholders' Equity	2,139	2,136	2,063	2,071	912.74	708.87
Total Liabilities & Equity	4,250	4,217	3,112	2,848	1,753	1,581
Total Debt	635.19	373.26	163.85	18.49	258.05	79.41
Net Cash (Debt)	-55.37	563.53	1,133	1,340	239.31	485.56
Net Cash Growth	-	-50.27%	-15.43%	459.87%	-50.71%	30.02%
Net Cash Per Share	-0.40	3.97	7.98	9.99	2.27	4.62
Filing Date Shares Outstanding	143.04	141.13	141.45	141.99	105.33	99.98
Total Common Shares Outstanding	143.04	141.13	141.45	141.99	105.33	99.98
Working Capital	1,460	1,488	1,478	1,525	754.43	555.08
Book Value Per Share	14.76	14.94	14.57	14.57	8.62	7.08
Tangible Book Value	2,061	2,058	2,009	2,022	858.62	656.35
Tangible Book Value Per Share	14.41	14.59	14.20	14.24	8.15	6.56
Buildings	-	378.18	378.32	355.69	-	-
Machinery	-	184.6	155.28	127.14	74.25	55.18
Construction In Progress	-	44.62	18.42	10.69	260.85	89.1

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