SHE:300022 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	752.63	538.61	370.93	401.64	329.81	319.29
Cash & Short-Term Investments	752.63	538.61	370.93	401.64	329.81	319.29
Cash Growth	35.02%	45.21%	-7.65%	21.78%	3.29%	1.12%
Accounts Receivable	274.19	297.71	352.4	348.21	389.47	301.85
Other Receivables	32.74	34.43	42.29	40.24	37.49	63.04
Receivables	306.93	332.14	394.7	388.45	426.96	364.89
Inventory	832.12	645.49	667.06	644.9	423.39	473.53
Other Current Assets	176.82	212.51	150.67	125	154.53	135.41
Total Current Assets	2,068	1,729	1,583	1,560	1,335	1,293
Property, Plant & Equipment	142.57	144.09	143.9	139.92	150.25	155.27
Long-Term Investments	2.49	2.53	3.46	3.91	3.9	3.77
Goodwill	77.69	77.69	82.58	82.58	84.01	84.01
Other Intangible Assets	39.56	39.83	40.81	41.88	42.9	44.01
Long-Term Deferred Tax Assets	9.42	9.67	12.02	9.32	7.23	7.67
Long-Term Deferred Charges	4.46	5.37	3.82	1.68	2.5	2.99
Other Long-Term Assets	0.32	0.32	4.44	0.32	0.34	0.63
Total Assets	2,345	2,008	1,874	1,840	1,626	1,591
Accounts Payable	766.46	525.81	458.79	414.77	335.25	439.33
Accrued Expenses	21.08	69.27	63.62	31.92	35.26	22.6
Short-Term Debt	287.31	347.71	270.5	325.06	701.37	634.38
Current Portion of Long-Term Debt	7.28	1	-	-	0.33	5.56
Current Portion of Leases	-	5.56	5.25	5.36	8.42	7.18
Current Income Taxes Payable	14.44	4.14	3.08	9.11	16.06	10.35
Current Unearned Revenue	246.6	145.12	117.56	81.6	70.23	73.64
Other Current Liabilities	124.73	50.64	53.17	55.64	46.82	43.44
Total Current Liabilities	1,468	1,149	971.97	923.47	1,214	1,236
Long-Term Debt	15.75	9.01	2	-	0.36	0.98
Long-Term Leases	9.04	9	8.39	8.55	8.23	10.79
Long-Term Unearned Revenue	18.32	19.23	16.35	13.47	10.92	11.89
Long-Term Deferred Tax Liabilities	1.12	1.15	2.7	2.45	-	-
Total Liabilities	1,512	1,188	1,001	947.93	1,233	1,260
Common Stock	494.24	494.24	494.24	497.24	380.24	380.24
Additional Paid-In Capital	17.09	16.6	549.51	525.86	207.31	207.53
Retained Earnings	-6.54	-10.76	-512.88	-482.07	-498.87	-509.97
Treasury Stock	-	-	-	-7.53	-	-
Comprehensive Income & Other	6.28	5.97	5.19	4.13	2.95	2.95
Total Common Equity	511.08	506.04	536.06	537.63	91.63	80.75
Minority Interest	321.8	314.55	336.9	354.05	300.92	250.59
Shareholders' Equity	832.88	820.6	872.96	891.68	392.54	331.34
Total Liabilities & Equity	2,345	2,008	1,874	1,840	1,626	1,591
Total Debt	319.38	372.29	286.14	338.97	718.72	658.88
Net Cash (Debt)	433.24	166.32	84.79	62.67	-388.91	-339.59
Net Cash Growth	89.55%	96.17%	35.28%	-	-	-
Net Cash Per Share	0.88	0.34	0.17	0.14	-1.02	-0.89
Filing Date Shares Outstanding	496.76	494.24	494.24	497.24	380.24	380.24
Total Common Shares Outstanding	496.76	494.24	494.24	497.24	380.24	380.24
Working Capital	600.61	579.5	611.38	636.53	120.93	56.65
Book Value Per Share	1.03	1.02	1.08	1.08	0.24	0.21
Tangible Book Value	393.83	388.52	412.67	413.17	-35.29	-47.27
Tangible Book Value Per Share	0.79	0.79	0.83	0.83	-0.09	-0.12
Buildings	-	166.21	166.26	164.76	163.13	158.89
Machinery	-	99.49	87.34	78.19	76.15	75.56
Construction In Progress	-	-	-	-	-	1.32

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