SHE:300187 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	Dec '21 Dec 31, 2021
Cash & Equivalents	129.46	188.01	176.46	67.16	137.92	420.12
Trading Asset Securities	123.43	112.1	112.23	68.81	49.21	-
Cash & Short-Term Investments	252.89	300.11	288.69	135.97	187.13	420.12
Cash Growth	-19.81%	3.96%	112.32%	-27.34%	-55.46%	37.91%
Accounts Receivable	969.95	958.58	957.95	864.78	720.07	835.57
Other Receivables	59.78	31.53	4.39	4.45	35.8	44
Receivables	1,030	990.11	962.34	869.23	755.86	879.57
Inventory	47.52	31.06	23.74	32.8	79.86	57.35
Prepaid Expenses	-	-	3.81	2.24	-	-
Other Current Assets	106.78	55.22	51.09	56.73	47.9	64.24
Total Current Assets	1,437	1,376	1,330	1,097	1,071	1,421
Property, Plant & Equipment	756.09	770.36	816.77	766.79	762.7	695.4
Long-Term Investments	232.9	347.76	348.07	375.96	337.61	322.68
Goodwill	91.8	91.8	91.8	94.72	94.72	451.83
Other Intangible Assets	860.99	874.03	920.53	964.64	1,012	997.98
Long-Term Accounts Receivable	-	-	1.63	-	-	-
Long-Term Deferred Tax Assets	34.06	32.42	31.41	21.7	17.04	7.65
Long-Term Deferred Charges	10.12	10.88	5.02	0.6	1.06	-
Other Long-Term Assets	135.92	9.27	0.11	71.15	16.26	20.1
Total Assets	3,559	3,513	3,545	3,393	3,312	3,917
Accounts Payable	844.37	720.5	827.37	645.97	636.31	715.7
Accrued Expenses	12.16	13.4	22.32	20.75	18.87	20.68
Short-Term Debt	432.34	553.5	453	391.07	447.9	330.15
Current Portion of Long-Term Debt	-	196.65	250.91	245.02	139.06	156.62
Current Portion of Leases	-	-	15.07	2.05	2.25	0.86
Current Income Taxes Payable	21.89	20.59	7.4	1.5	0.94	3.74
Current Unearned Revenue	40.78	45.67	25.93	24.02	44.92	49.52
Other Current Liabilities	239.54	57.23	43.73	30.34	68.12	64.45
Total Current Liabilities	1,591	1,608	1,646	1,361	1,358	1,342
Long-Term Debt	634.3	618.31	614.89	819.28	820.73	795.29
Long-Term Leases	7.25	7.37	19.66	9.39	11.41	10.17
Long-Term Unearned Revenue	30.53	31.19	31.86	37.2	32.61	22.16
Long-Term Deferred Tax Liabilities	38.74	37.13	52.82	47.12	46.12	41.28
Other Long-Term Liabilities	82.84	81.99	77.61	76.2	63.04	27.06
Total Liabilities	2,385	2,384	2,443	2,350	2,332	2,238
Common Stock	645.62	645.62	645.62	645.62	645.62	644.5
Additional Paid-In Capital	203.41	203.41	203.41	202.14	205.21	366.76
Retained Earnings	305.05	260.55	151.75	92.19	12.34	450.92
Comprehensive Income & Other	4.3	4.37	89.99	89.58	102.08	99.65
Total Common Equity	1,158	1,114	1,091	1,030	965.25	1,562
Minority Interest	15.68	15.52	11.64	13.1	14.22	117.42
Shareholders' Equity	1,174	1,129	1,102	1,043	979.47	1,679
Total Liabilities & Equity	3,559	3,513	3,545	3,393	3,312	3,917
Total Debt	1,074	1,376	1,354	1,467	1,421	1,293
Net Cash (Debt)	-821.01	-1,076	-1,065	-1,331	-1,234	-872.97
Net Cash Per Share	-1.27	-1.67	-1.65	-2.06	-1.91	-1.35
Filing Date Shares Outstanding	645.82	645.07	645.62	645.62	645.62	644.5
Total Common Shares Outstanding	645.82	645.07	645.62	645.62	645.62	644.5
Working Capital	-154.15	-231.04	-316.07	-263.74	-287.62	79.57
Book Value Per Share	1.79	1.73	1.69	1.59	1.50	2.42
Tangible Book Value	205.58	148.13	78.45	-29.82	-141.06	112.01
Tangible Book Value Per Share	0.32	0.23	0.12	-0.05	-0.22	0.17
Buildings	-	-	423.64	361.93	357.51	226.43
Machinery	-	-	719.91	642.15	564.01	562.97
Construction In Progress	-	-	21.44	40.25	63.34	80.5
Order Backlog	-	-	329.85	-	-	-

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