SHE:300094 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	164.33	-	377.69	482.11	380.7	169.9
Trading Asset Securities	-	-	-	60.07	250	-
Cash & Short-Term Investments	164.33	-	377.69	542.18	630.7	169.9
Cash Growth	-63.18%	-	-30.34%	-14.03%	271.22%	-63.77%
Accounts Receivable	263.88	-	438.65	559.17	930.63	572.9
Other Receivables	300.77	-	19.26	59.58	49.24	37.53
Receivables	564.65	-	457.91	618.75	979.87	610.43
Inventory	330.45	-	1,900	2,429	2,738	2,746
Prepaid Expenses	-	-	-	-	1.16	-
Other Current Assets	122.53	-	172.94	137.01	185.06	126.96
Total Current Assets	1,182	-	2,908	3,727	4,535	3,653
Property, Plant & Equipment	859.85	-	980.05	1,127	1,195	1,259
Long-Term Investments	10.95	-	-	-	-	1
Other Intangible Assets	116.59	-	124.87	117.23	109.12	109.37
Long-Term Deferred Tax Assets	64.07	-	66.73	75.65	61.93	62.18
Long-Term Deferred Charges	11.06	-	10.28	18.57	24.23	25.32
Other Long-Term Assets	8.75	-	21.88	2.94	9.96	8.95
Total Assets	2,253	-	4,112	5,068	5,935	5,119
Accounts Payable	480.9	-	312.15	397.2	637.37	641.26
Accrued Expenses	40.31	-	62.72	46.63	59.41	53.49
Short-Term Debt	972.26	-	1,111	1,232	1,332	1,502
Current Portion of Long-Term Debt	-	-	140.81	61.49	19.98	193.49
Current Portion of Leases	-	-	67.58	117.31	92.86	52.37
Current Income Taxes Payable	-	-	0.31	0.3	0.29	1.94
Current Unearned Revenue	38.48	-	80.03	73	55.19	75.74
Other Current Liabilities	231.57	-	224.05	89.71	114.31	180.81
Total Current Liabilities	1,764	-	1,999	2,017	2,312	2,701
Long-Term Debt	60.43	-	104.88	252.58	214.4	23.85
Long-Term Leases	27.78	-	48.75	56.75	120.24	108.59
Long-Term Unearned Revenue	50.11	-	66.24	84.91	95.26	89.43
Long-Term Deferred Tax Liabilities	4.52	-	5.83	3.28	4.64	-
Total Liabilities	2,153	-	2,225	2,415	2,746	2,923
Common Stock	1,128	-	1,128	1,128	1,131	911.82
Additional Paid-In Capital	1,837	-	1,951	1,951	1,953	1,192
Retained Earnings	-2,887	-	-1,261	-518.27	13.51	22.49
Treasury Stock	-	-	-	-	-5.12	-10.62
Comprehensive Income & Other	16.75	-	15.06	20.89	19.47	2.22
Total Common Equity	95.01	-	1,833	2,581	3,112	2,118
Minority Interest	5.35	-	54.21	72.08	76.44	77.71
Shareholders' Equity	100.36	-	1,887	2,653	3,188	2,196
Total Liabilities & Equity	2,253	-	4,112	5,068	5,935	5,119
Total Debt	1,060	-	1,473	1,720	1,780	1,880
Net Cash (Debt)	-896.14	-	-1,096	-1,178	-1,149	-1,711
Net Cash Per Share	-0.80	-	-0.96	-1.04	-1.84	-2.47
Filing Date Shares Outstanding	1,138	1,119	1,128	1,128	1,131	911.82
Total Common Shares Outstanding	1,138	1,119	1,128	1,128	1,131	911.82
Working Capital	-581.56	-	909.19	1,710	2,223	951.9
Book Value Per Share	0.08	-	1.62	2.29	2.75	2.32
Tangible Book Value	-21.58	-	1,708	2,464	3,003	2,009
Tangible Book Value Per Share	-0.02	-	1.51	2.18	2.66	2.20
Buildings	-	-	988.21	990.31	933.61	919.6
Machinery	-	-	667.9	716.99	685.85	660.05
Construction In Progress	-	-	8.12	25.93	87.59	75.94

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