SHE:300181 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	718.33	680.88	804.67	931.98	1,082	232.3
Trading Asset Securities	-	-	-	151	10.83	65.52
Cash & Short-Term Investments	718.33	680.88	804.67	1,083	1,093	297.82
Cash Growth	-3.06%	-15.38%	-25.70%	-0.91%	266.97%	-5.39%
Accounts Receivable	1,256	1,139	783.33	532.42	510.07	337.33
Other Receivables	20.69	18.01	18.18	9.02	24.42	26.77
Receivables	1,276	1,157	801.52	541.44	534.5	364.1
Inventory	565.72	531.81	523.75	426.52	318.83	273.59
Prepaid Expenses	-	-	0	-	7.87	-
Other Current Assets	37.78	21.21	47.51	5.53	5.45	6.16
Total Current Assets	2,598	2,391	2,177	2,056	1,960	941.67
Property, Plant & Equipment	1,484	1,427	1,220	1,060	972.41	806.32
Long-Term Investments	492.99	411.57	254.64	179.7	392.36	650.67
Goodwill	321.37	130.32	130.32	130.32	130.32	130.32
Other Intangible Assets	280.16	82.42	75.08	71.27	63.04	64.89
Long-Term Deferred Tax Assets	31.95	31.79	30.4	25.5	25.14	15.51
Long-Term Deferred Charges	51.24	50.09	35.58	25.49	25.42	25.6
Other Long-Term Assets	70.95	186.72	68.91	78.07	74.76	113.55
Total Assets	5,331	4,712	3,992	3,627	3,643	2,749
Accounts Payable	517.03	425.26	482.41	433.85	468.88	296.77
Accrued Expenses	25.32	67.66	86.55	82.24	78.32	62.33
Short-Term Debt	715.32	660.09	377.31	193.06	138.16	178.2
Current Portion of Long-Term Debt	3.75	3.19	-	10.01	0.01	-
Current Portion of Leases	-	-	3.32	2.49	2.83	4.21
Current Income Taxes Payable	159.41	142.89	52.54	32.65	26.59	16.46
Current Unearned Revenue	8.76	5.26	14.45	2.23	14.14	3.06
Other Current Liabilities	245.31	34.6	39.46	38.28	26	23.55
Total Current Liabilities	1,675	1,339	1,056	794.83	754.94	584.58
Long-Term Debt	29.16	11.66	30.66	-	10	-
Long-Term Leases	18.3	17.07	18.27	16.69	22.13	24.27
Long-Term Unearned Revenue	26.78	27.65	26.5	19.9	19.76	22.37
Long-Term Deferred Tax Liabilities	88.21	75	41.03	21.68	76.24	134.1
Total Liabilities	1,837	1,470	1,173	853.09	883.07	765.31
Common Stock	701.39	701.39	701.39	701.39	701.39	608.62
Additional Paid-In Capital	1,151	1,142	1,135	1,135	1,135	340.48
Retained Earnings	1,457	1,257	1,041	849.32	676.8	525.52
Treasury Stock	-111.88	-111.88	-203.97	-	-	-
Comprehensive Income & Other	227.42	191.62	94.63	42.66	190.19	369.44
Total Common Equity	3,424	3,180	2,769	2,729	2,704	1,844
Minority Interest	68.97	61.25	50.56	45.2	56.18	139.15
Shareholders' Equity	3,493	3,241	2,819	2,774	2,760	1,983
Total Liabilities & Equity	5,331	4,712	3,992	3,627	3,643	2,749
Total Debt	766.53	692.01	429.56	222.25	173.13	206.67
Net Cash (Debt)	-48.2	-11.13	375.11	860.73	919.77	91.15
Net Cash Growth	-	-	-56.42%	-6.42%	909.09%	-
Net Cash Per Share	-0.07	-0.02	0.54	1.24	1.52	0.15
Filing Date Shares Outstanding	701.31	643.39	692.47	701.39	701.39	608.62
Total Common Shares Outstanding	701.31	643.39	686.49	701.39	701.39	608.62
Working Capital	923.18	1,052	1,121	1,262	1,205	357.1
Book Value Per Share	4.88	4.94	4.03	3.89	3.85	3.03
Tangible Book Value	2,823	2,967	2,563	2,527	2,510	1,649
Tangible Book Value Per Share	4.03	4.61	3.73	3.60	3.58	2.71
Buildings	-	-	1,014	962.71	832.63	678.11
Machinery	-	-	529.12	467.55	432.59	412.82
Construction In Progress	-	-	161.43	61.14	78.06	40.29

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