SHE:001317 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	185.1	384.11	416.22	423.77	291.9	388.39
Trading Asset Securities	150.27	-	-	-	30.17	-
Cash & Short-Term Investments	335.37	384.11	416.22	423.77	322.07	388.39
Cash Growth	-4.37%	-7.71%	-1.78%	31.58%	-17.08%	142.53%
Accounts Receivable	468.99	509.83	543.04	364.33	302.69	364.38
Other Receivables	28.95	21.94	15.83	14.7	19.41	18.34
Receivables	497.94	531.77	558.87	379.03	322.1	382.71
Inventory	8.32	4.72	6.34	13.34	9.41	13.82
Prepaid Expenses	-	-	-	-	-	0.09
Other Current Assets	58.94	43.92	42.65	10.42	25.99	21.34
Total Current Assets	900.57	964.52	1,024	826.56	679.57	806.36
Property, Plant & Equipment	616.47	622.57	611.16	534.82	429.71	359.33
Long-Term Investments	62.32	62.61	28.36	28.18	28.02	27.78
Other Intangible Assets	118.95	119.91	123.29	121.99	124.99	128.08
Long-Term Deferred Tax Assets	10.17	10.14	3.13	0.04	10.81	10.75
Long-Term Deferred Charges	1.42	1.83	4.05	3.78	0.97	0.74
Other Long-Term Assets	36.44	37.39	47.8	46.52	48.97	59.64
Total Assets	1,746	1,819	1,842	1,562	1,323	1,393
Accounts Payable	231.56	295.33	290.34	270.82	238.45	262.2
Accrued Expenses	6.09	8.94	11.59	11.56	8.65	10.36
Short-Term Debt	200.15	200.19	261.19	71.07	96.1	136.18
Current Portion of Long-Term Debt	66.72	65.67	28.04	15.9	3.73	33
Current Portion of Leases	-	-	9.63	7.59	12.05	6.57
Current Income Taxes Payable	6.59	5.77	4.24	0.57	0.2	2.27
Current Unearned Revenue	0.9	7.92	1.72	1.37	2.06	1.79
Other Current Liabilities	19.76	15.45	11.52	15.48	12.85	13.24
Total Current Liabilities	531.77	599.28	618.28	394.37	374.1	465.61
Long-Term Debt	119.41	119.41	311.44	251.72	82.43	83.01
Long-Term Leases	24.67	28.56	21.81	25.28	35.58	11.34
Long-Term Unearned Revenue	41.31	42.1	32.58	34.31	32.87	18.3
Long-Term Deferred Tax Liabilities	-	-	-	0.5	1.4	1.64
Other Long-Term Liabilities	1.36	1.36	-	-	-	-
Total Liabilities	718.52	790.71	984.12	706.18	526.37	579.9
Common Stock	85.57	85.57	80.05	80.04	80.04	80.04
Additional Paid-In Capital	662.93	662.93	443.84	443.62	443.62	443.62
Retained Earnings	266.94	267.24	283.78	284.8	272.69	289.12
Comprehensive Income & Other	0.03	0.03	47.23	47.24	-	-
Total Common Equity	1,015	1,016	854.9	855.7	796.35	812.78
Minority Interest	12.36	12.49	2.85	-	0.31	-
Shareholders' Equity	1,028	1,028	857.75	855.7	796.66	812.78
Total Liabilities & Equity	1,746	1,819	1,842	1,562	1,323	1,393
Total Debt	410.95	413.83	632.12	371.56	229.89	270.1
Net Cash (Debt)	-75.58	-29.72	-215.9	52.21	92.18	118.29
Net Cash Growth	-	-	-	-43.36%	-22.07%	568.15%
Net Cash Per Share	-0.97	-0.38	-2.76	0.65	1.18	1.92
Filing Date Shares Outstanding	85.2	74.55	80.05	80.04	80.04	80.04
Total Common Shares Outstanding	85.2	74.55	80.05	80.04	80.04	80.04
Working Capital	368.8	365.25	405.81	432.19	305.47	340.74
Book Value Per Share	11.92	13.62	10.68	10.69	9.95	10.15
Tangible Book Value	896.52	895.86	731.61	733.72	671.36	684.7
Tangible Book Value Per Share	10.52	12.02	9.14	9.17	8.39	8.55
Buildings	-	-	433.31	157.81	156.8	156.4
Machinery	-	-	63.23	61.18	54.53	46.26
Construction In Progress	-	-	191.84	381.37	259.97	213.42

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