SHE:300174 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	324.3	361.75	192.3	1,527	1,449	1,400
Trading Asset Securities	-	-	-	9	10	50
Cash & Short-Term Investments	324.3	361.75	192.3	1,536	1,459	1,450
Cash Growth	-3.23%	88.12%	-87.48%	5.31%	0.61%	131.28%
Accounts Receivable	451.87	451.6	424.02	344.13	286.7	239.94
Other Receivables	5.11	5.03	1.58	10.96	13.78	13.32
Receivables	456.98	456.63	425.6	355.09	300.48	253.26
Inventory	369.29	335.38	259.5	281.02	311.51	227.02
Other Current Assets	62.06	57.85	92.86	40.74	29.03	37.97
Total Current Assets	1,213	1,212	970.26	2,213	2,100	1,968
Property, Plant & Equipment	1,643	1,627	1,424	1,366	1,198	1,059
Long-Term Investments	8.39	8.39	8.39	100.37	98.17	87.13
Other Intangible Assets	202.67	205.37	191.85	201.54	135.03	143.99
Long-Term Deferred Tax Assets	39.84	38.6	35.27	22.09	21.37	23.18
Long-Term Deferred Charges	17.7	18.63	10.35	18.25	15.07	3.99
Other Long-Term Assets	1,194	1,247	1,367	30.07	91.59	34.1
Total Assets	4,318	4,357	4,007	3,952	3,660	3,320
Accounts Payable	157.79	177.27	123.2	136.66	117.65	117.56
Accrued Expenses	21.81	54.87	50.47	52.71	57.82	45.02
Short-Term Debt	425.08	415.25	225.15	205.16	134.12	-
Current Portion of Long-Term Debt	3.15	2.03	7	5	-	-
Current Portion of Leases	-	1.3	1.16	1.1	2.19	1.06
Current Income Taxes Payable	16.71	7.04	13.26	12.37	23.62	10.83
Current Unearned Revenue	27.68	12.2	17.61	12.81	15.99	16.69
Other Current Liabilities	36.59	67.62	91.16	165.91	54.69	62.08
Total Current Liabilities	688.81	737.59	529.02	591.73	406.08	253.23
Long-Term Debt	45	45	85.55	72.53	162.51	834.05
Long-Term Leases	0.76	0.89	2	3.17	4.3	1.11
Long-Term Unearned Revenue	2.61	2.61	2.65	-	-	-
Long-Term Deferred Tax Liabilities	52.13	53.99	45.28	32.97	26.69	27.14
Other Long-Term Liabilities	-	-	-	19	38	57
Total Liabilities	789.31	840.08	664.51	719.41	637.58	1,173
Common Stock	364.21	364.21	365.85	365.85	356.85	312.23
Additional Paid-In Capital	1,884	1,884	1,906	1,908	1,775	1,005
Retained Earnings	1,295	1,254	1,109	896.75	677.57	484.33
Treasury Stock	-51.12	-21.12	-74.14	-60.17	-35.45	-
Comprehensive Income & Other	-	-	-	-	20.06	152.07
Total Common Equity	3,492	3,481	3,307	3,111	2,794	1,954
Minority Interest	36.47	36.13	35.31	121.37	227.56	192.96
Shareholders' Equity	3,529	3,517	3,342	3,232	3,022	2,147
Total Liabilities & Equity	4,318	4,357	4,007	3,952	3,660	3,320
Total Debt	474	464.47	320.87	286.98	303.11	836.22
Net Cash (Debt)	-149.69	-102.71	-128.57	1,249	1,156	613.82
Net Cash Growth	-	-	-	8.09%	88.29%	5.30%
Net Cash Per Share	-0.41	-0.28	-0.36	3.47	3.61	1.97
Filing Date Shares Outstanding	362.11	362.19	360.31	361.75	359.32	312.23
Total Common Shares Outstanding	362.11	359.33	361.95	361.75	354.25	312.23
Working Capital	523.82	474.02	441.24	1,621	1,694	1,715
Book Value Per Share	9.64	9.69	9.14	8.60	7.89	6.26
Tangible Book Value	3,290	3,275	3,115	2,909	2,659	1,810
Tangible Book Value Per Share	9.08	9.11	8.61	8.04	7.51	5.80
Buildings	-	777.93	680.88	648.69	564.04	514.93
Machinery	-	1,514	1,247	1,163	1,010	929.97
Construction In Progress	-	160.89	187.67	187.36	179.48	85.87

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