SHE:300091 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	1,189	676.41	113.94	241.49	433.33	523.87
Cash & Short-Term Investments	1,189	676.41	113.94	241.49	433.33	523.87
Cash Growth	1270.49%	493.68%	-52.82%	-44.27%	-17.28%	22.45%
Accounts Receivable	303.93	1,573	1,845	1,925	2,551	2,383
Other Receivables	46.28	31.16	30.22	25.79	34.68	45.07
Receivables	350.21	1,604	1,876	1,950	2,586	2,428
Inventory	98.34	268.35	308.07	560.51	697.34	559.43
Prepaid Expenses	-	-	-	41.92	62.53	41.16
Other Current Assets	36.03	144.69	166.2	245.76	289.99	290.31
Total Current Assets	1,674	2,694	2,464	3,040	4,069	3,842
Property, Plant & Equipment	130.58	1,198	1,339	1,490	1,090	1,145
Long-Term Investments	-	10.72	37.41	36.46	83.76	86.27
Goodwill	-	-	159.88	420.49	531.18	612.76
Other Intangible Assets	23.63	185.04	208.63	256.38	171.26	185.29
Long-Term Accounts Receivable	-	11.41	36.97	22.75	16.93	24.97
Long-Term Deferred Tax Assets	8.85	23.04	82.59	160.65	156.53	104.34
Long-Term Deferred Charges	-	0.21	0.35	2.02	77.39	56.01
Other Long-Term Assets	4.33	0.04	10.42	12.43	22.24	36.93
Total Assets	1,841	4,122	4,339	5,442	6,218	6,094
Accounts Payable	64.92	816.99	1,115	1,163	1,267	1,423
Accrued Expenses	10.47	76.1	37	27.64	40.05	40.32
Short-Term Debt	1.83	1,388	872.94	1,090	1,252	938.23
Current Portion of Long-Term Debt	-	317.05	365.79	207.3	168.54	167.3
Current Portion of Leases	-	93.61	108.41	58.07	42.2	64.21
Current Income Taxes Payable	6.82	0.29	0.02	6.39	7.6	6.92
Current Unearned Revenue	82.56	194.14	105.4	214.91	213.83	238.22
Other Current Liabilities	345.4	1,716	231.09	225.63	403.3	87.3
Total Current Liabilities	512.01	4,602	2,836	2,992	3,395	2,966
Long-Term Debt	-	217.58	380.64	424.75	216.18	100.5
Long-Term Leases	-	39.71	140.86	27.77	26.12	54.97
Long-Term Unearned Revenue	11.8	26.75	29.05	31.47	33.85	35.23
Long-Term Deferred Tax Liabilities	-	5.91	11.29	17.5	12.28	4.77
Other Long-Term Liabilities	19.26	40.19	399.38	16.3	47.03	46.16
Total Liabilities	543.06	4,932	3,797	3,510	3,731	3,208
Common Stock	2,842	1,489	1,489	1,489	1,489	1,489
Additional Paid-In Capital	2,839	1,349	1,350	1,350	1,350	1,354
Retained Earnings	-4,389	-3,526	-2,162	-847.48	-341.97	25.55
Comprehensive Income & Other	6	8.86	4.87	3.07	2.23	2.14
Total Common Equity	1,298	-679.51	681.6	1,994	2,499	2,871
Minority Interest	-	-130.46	-139.96	-62.86	-11.36	15.5
Shareholders' Equity	1,298	-809.97	541.65	1,931	2,488	2,886
Total Liabilities & Equity	1,841	4,122	4,339	5,442	6,218	6,094
Total Debt	1.83	2,056	1,869	1,807	1,705	1,325
Net Cash (Debt)	1,187	-1,379	-1,755	-1,566	-1,272	-801.34
Net Cash Per Share	0.37	-0.49	-1.18	-1.05	-0.85	-0.55
Filing Date Shares Outstanding	2,842	1,489	1,489	1,489	1,489	1,489
Total Common Shares Outstanding	2,842	1,489	1,489	1,489	1,489	1,489
Working Capital	1,162	-1,908	-371.92	47.68	673.8	876.53
Book Value Per Share	0.46	-0.46	0.46	1.34	1.68	1.93
Tangible Book Value	1,275	-864.55	313.1	1,317	1,797	2,073
Tangible Book Value Per Share	0.45	-0.58	0.21	0.88	1.21	1.39
Buildings	-	838.08	848.41	848.67	667.01	679.07
Machinery	-	699.57	752.71	779.91	685.13	695.74
Construction In Progress	-	405.73	429.69	474.73	280.71	200.37

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