SHE:002805 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	868.41	536.33	478.49	678.97	743.86	365.62
Trading Asset Securities	-	-	-	5.03	-	-
Cash & Short-Term Investments	868.41	536.33	478.49	684	743.86	365.62
Cash Growth	41.65%	12.09%	-30.05%	-8.05%	103.45%	113.70%
Accounts Receivable	772.96	647.8	994.5	1,577	931.98	376.75
Other Receivables	8.11	9.11	45.91	273.48	211.37	18.54
Receivables	781.07	656.91	1,040	1,851	1,143	395.3
Inventory	941.29	539.25	478.63	269.67	649.96	163.19
Other Current Assets	107.43	68.31	30.17	25.07	127.58	95.51
Total Current Assets	2,698	1,801	2,028	2,830	2,665	1,020
Property, Plant & Equipment	2,927	2,986	3,061	2,705	1,910	651.16
Long-Term Investments	31.02	31.02	31.88	27.42	24.64	2.64
Other Intangible Assets	98.49	99.21	102.39	105.69	106.09	29.9
Long-Term Deferred Tax Assets	130.07	142.47	129.33	111.93	16.74	13.86
Long-Term Deferred Charges	2.38	2.05	2.04	2.83	1.43	1.8
Other Long-Term Assets	55.63	52.26	84.81	145.26	236.26	97.83
Total Assets	5,943	5,114	5,440	5,927	4,960	1,817
Accounts Payable	2,185	1,225	945.76	582.1	306.05	407.77
Accrued Expenses	6.9	8.48	10.87	8.02	130.65	47.82
Short-Term Debt	827.61	1,007	965.55	1,157	546.77	206.63
Current Portion of Long-Term Debt	355.84	376.15	288.72	220.14	68.43	30
Current Portion of Leases	-	-	1.02	1.72	0.47	0.95
Current Income Taxes Payable	5.61	7.86	0	0.4	0.14	5.55
Current Unearned Revenue	3.63	4.52	2.84	1.97	3.97	2.5
Other Current Liabilities	51.93	62.69	26.82	75.09	53.15	1
Total Current Liabilities	3,437	2,692	2,242	2,046	1,110	702.21
Long-Term Debt	572.62	586.04	837.93	1,073	753.58	-
Long-Term Leases	34.4	33.96	0.24	1.28	-	0.47
Long-Term Unearned Revenue	52.27	50.95	36.88	40.23	29.89	5.56
Long-Term Deferred Tax Liabilities	6.37	6.82	0.95	0.41	0.09	-
Other Long-Term Liabilities	161.68	139.62	-	-	-	-
Total Liabilities	4,264	3,510	3,118	3,161	1,893	708.24
Common Stock	280.06	280.06	280.06	280.06	200.04	177.93
Additional Paid-In Capital	1,342	1,342	1,703	1,703	1,772	518.44
Retained Earnings	-687.62	-764.55	-272.89	89.34	498.62	353.08
Comprehensive Income & Other	0.56	0.33	-0.53	-2.12	-4.14	-6.45
Total Common Equity	935.13	857.97	1,709	2,070	2,467	1,043
Minority Interest	743.64	746.65	612.47	696.18	599.64	65.59
Shareholders' Equity	1,679	1,605	2,322	2,766	3,067	1,109
Total Liabilities & Equity	5,943	5,114	5,440	5,927	4,960	1,817
Total Debt	1,790	2,003	2,093	2,453	1,369	238.05
Net Cash (Debt)	-922.06	-1,467	-1,615	-1,769	-625.4	127.57
Net Cash Growth	-	-	-	-	-	17002.02%
Net Cash Per Share	-3.28	-5.24	-5.75	-6.32	-2.45	0.57
Filing Date Shares Outstanding	284.94	282.13	280.06	280.06	280.06	249.11
Total Common Shares Outstanding	284.94	282.13	280.06	280.06	280.06	249.11
Working Capital	-738.72	-891.36	-213.88	783.3	1,555	317.41
Book Value Per Share	3.28	3.04	6.10	7.39	8.81	4.19
Tangible Book Value	836.65	758.76	1,607	1,964	2,361	1,013
Tangible Book Value Per Share	2.94	2.69	5.74	7.01	8.43	4.07
Buildings	-	-	767.23	670.38	210.22	166.66
Machinery	-	-	2,375	1,360	718.63	678.12
Construction In Progress	-	-	524.81	1,086	1,274	45.03

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