SHE:300063 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	183.72	220.54	192.93	186.72	111.5	246.51
Cash & Short-Term Investments	183.72	220.54	192.93	186.72	111.5	246.51
Cash Growth	5.72%	14.31%	3.33%	67.46%	-54.77%	-15.09%
Accounts Receivable	2,140	1,959	1,805	1,728	2,134	1,999
Other Receivables	56.3	53.9	190.14	74.25	49.23	61.21
Receivables	2,196	2,013	1,995	1,802	2,184	2,062
Inventory	394.71	359.27	364.36	270.12	318.82	295.36
Other Current Assets	348.2	341.54	247.71	243.04	314.63	434.83
Total Current Assets	3,123	2,934	2,800	2,502	2,929	3,039
Property, Plant & Equipment	243.99	249.66	309.5	263.11	230.17	196.01
Long-Term Investments	3.1	23.1	24.26	4.3	4.48	3
Goodwill	13.64	13.64	13.64	13.64	64.13	72.59
Other Intangible Assets	56.67	57.68	46.48	48.17	50.38	52.9
Long-Term Deferred Tax Assets	50.6	50.4	47.34	50.79	37.81	26.77
Long-Term Deferred Charges	5.75	1.84	3.52	4.23	3.47	4.51
Other Long-Term Assets	107.67	107.25	27.5	24.03	26.88	30.53
Total Assets	3,604	3,438	3,273	2,910	3,346	3,425
Accounts Payable	606.74	509.72	454.28	275.68	451.06	417.04
Accrued Expenses	47.86	50.24	73.04	81.65	86	117.14
Short-Term Debt	611.99	521.45	565.51	463.84	687.11	755.07
Current Portion of Long-Term Debt	32.62	40.79	47.8	69.91	6.19	0.4
Current Portion of Leases	-	-	6.74	6.3	11.28	16.51
Current Income Taxes Payable	21	27.38	8.06	19.84	30.88	20.38
Current Unearned Revenue	105.98	86.89	113.16	133.93	191.61	309.67
Other Current Liabilities	156.77	187.59	110.52	105.95	133.83	236.97
Total Current Liabilities	1,583	1,424	1,379	1,157	1,598	1,873
Long-Term Debt	128.42	147.25	153.37	84.98	109.41	57.7
Long-Term Leases	8.83	9.74	10.5	12.86	3.55	8.98
Long-Term Unearned Revenue	4.29	4.45	5.09	5.27	6.32	7.62
Long-Term Deferred Tax Liabilities	0.28	0.35	0.42	0.41	0.91	0.45
Total Liabilities	1,725	1,586	1,548	1,261	1,718	1,948
Common Stock	758.53	758.53	758.53	758.53	753.31	749.87
Additional Paid-In Capital	1,286	1,286	1,286	1,287	1,294	1,272
Retained Earnings	-299.18	-321.84	-435.5	-500.67	-514.28	-616.67
Treasury Stock	-	-	-	-	-1.35	-19.27
Comprehensive Income & Other	22	20.26	18.2	14.29	9.32	9.57
Total Common Equity	1,767	1,743	1,627	1,560	1,541	1,395
Minority Interest	112.05	109.07	96.76	90.29	86.83	81.56
Shareholders' Equity	1,880	1,852	1,724	1,650	1,628	1,477
Total Liabilities & Equity	3,604	3,438	3,273	2,910	3,346	3,425
Total Debt	781.86	719.24	783.93	637.89	817.54	838.66
Net Cash (Debt)	-598.13	-498.7	-590.99	-451.17	-706.04	-592.15
Net Cash Per Share	-0.79	-0.66	-0.78	-0.60	-0.94	-0.79
Filing Date Shares Outstanding	758.46	758.77	758.53	758.53	753.31	749.87
Total Common Shares Outstanding	758.46	758.77	758.53	758.53	753.31	749.87
Working Capital	1,540	1,510	1,421	1,345	1,331	1,165
Book Value Per Share	2.33	2.30	2.15	2.06	2.05	1.86
Tangible Book Value	1,697	1,672	1,567	1,498	1,427	1,270
Tangible Book Value Per Share	2.24	2.20	2.07	1.97	1.89	1.69
Buildings	-	-	187.36	184.46	184.88	191.69
Machinery	-	-	257.9	244.33	233.31	226
Construction In Progress	-	-	152.79	103.8	67.89	2.77

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