SHE:300218 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	444.4	625.1	629.72	446.51	428.08	294.3
Trading Asset Securities	52.15	52.04	12	20	-	-
Cash & Short-Term Investments	496.55	677.14	641.72	466.51	428.08	294.3
Cash Growth	-2.42%	5.52%	37.56%	8.98%	45.46%	-25.04%
Accounts Receivable	511.68	482.37	427.15	360.37	319.28	313.28
Other Receivables	30.73	39.98	52.41	51.95	103.46	6.4
Receivables	542.42	522.35	479.57	412.32	422.75	319.68
Inventory	353.5	346.83	324.21	325.56	378.75	472.31
Other Current Assets	25.77	26.7	18.8	11.5	10.01	37.86
Total Current Assets	1,418	1,573	1,464	1,216	1,240	1,124
Property, Plant & Equipment	818.84	833.57	860.59	902.55	982.39	999.18
Other Intangible Assets	38.32	39.06	40.64	41.04	43.22	44.7
Long-Term Deferred Tax Assets	22.79	27.95	22.25	20.48	17.36	15.58
Long-Term Deferred Charges	0.95	0.94	1.24	1.62	1.11	0.05
Other Long-Term Assets	13.07	9.82	14.44	10.63	7.09	19.6
Total Assets	2,312	2,484	2,403	2,192	2,291	2,203
Accounts Payable	256.92	298.61	296.01	479.95	422.87	373.82
Accrued Expenses	25.23	65.1	54.54	49.01	45.44	38.45
Short-Term Debt	145.26	245.64	286.78	133.33	167.85	179.86
Current Portion of Long-Term Debt	50.04	50.04	0.04	-	100.11	58.79
Current Income Taxes Payable	10.35	1.95	7.76	-	0.09	0.27
Current Unearned Revenue	14.68	13.59	32.55	15.4	18.48	34.3
Other Current Liabilities	31.46	34.38	43.77	36.76	40.01	89.53
Total Current Liabilities	533.94	709.31	721.45	714.45	794.86	775.02
Long-Term Debt	-	-	50	-	-	100
Long-Term Unearned Revenue	21.29	22.44	20.53	23.28	23.53	26.33
Long-Term Deferred Tax Liabilities	-	-	1.03	1.19	1.31	-
Other Long-Term Liabilities	47.62	47.57	47.51	47.39	46.4	46.4
Total Liabilities	602.85	779.32	840.52	786.31	866.09	947.75
Common Stock	216.99	216.99	216.99	216.99	216.99	216.99
Additional Paid-In Capital	386.61	386.61	352.49	352.49	352.49	361.64
Retained Earnings	973.86	968.26	890.37	723.97	703.06	603.04
Treasury Stock	-	-	-29.99	-29.99	-	-50.01
Comprehensive Income & Other	-6.49	-5.19	-2.34	2.77	4.85	-4.53
Total Common Equity	1,571	1,567	1,428	1,266	1,277	1,127
Minority Interest	138.38	138.38	135.42	139.64	147.28	128.37
Shareholders' Equity	1,709	1,705	1,563	1,406	1,425	1,256
Total Liabilities & Equity	2,312	2,484	2,403	2,192	2,291	2,203
Total Debt	195.29	295.68	336.82	133.33	267.97	338.65
Net Cash (Debt)	301.26	381.47	304.89	333.17	160.11	-44.36
Net Cash Growth	9.14%	25.11%	-8.49%	108.09%	-	-
Net Cash Per Share	1.40	1.78	1.43	1.63	0.74	-0.20
Filing Date Shares Outstanding	217.19	216.99	213.83	213.83	216.99	212.48
Total Common Shares Outstanding	217.19	216.99	213.83	213.83	216.99	212.48
Working Capital	884.29	863.71	742.84	501.43	444.74	349.12
Book Value Per Share	7.23	7.22	6.68	5.92	5.89	5.30
Tangible Book Value	1,533	1,528	1,387	1,225	1,234	1,082
Tangible Book Value Per Share	7.06	7.04	6.49	5.73	5.69	5.09
Buildings	-	776.73	771.16	772.03	770.17	707.11
Machinery	-	1,222	1,162	1,137	1,136	1,050
Construction In Progress	-	13.82	25.97	6.62	14.48	117.87

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