SHE:300227 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	662.74	581.73	383.7	213.61	168	228.87
Short-Term Investments	-	-	-	-	19.85	-
Trading Asset Securities	70	45	0.35	-	-	-
Cash & Short-Term Investments	732.74	626.73	384.05	213.61	187.85	228.87
Cash Growth	87.76%	63.19%	79.79%	13.71%	-17.92%	-7.90%
Accounts Receivable	862.15	1,004	669.91	687.28	597.35	500.82
Other Receivables	156.06	-0.72	-2.08	-2.06	1.5	1.42
Receivables	1,018	1,119	741.28	693.26	606.07	506.1
Inventory	689.83	484.24	410.39	427.87	404.11	274.39
Prepaid Expenses	-	1.23	1.74	0.19	0.02	-
Other Current Assets	200.9	80.16	35.05	43.14	25.54	44
Total Current Assets	2,642	2,311	1,573	1,378	1,224	1,053
Property, Plant & Equipment	933.19	959.69	788.95	809.44	796.96	684.15
Long-Term Investments	60.64	77.01	86.54	81.29	79.58	79.37
Goodwill	615.24	615.24	289.7	306.5	309.43	278.37
Other Intangible Assets	127.58	131.91	62.72	64.45	50.47	47.37
Long-Term Deferred Tax Assets	52.74	47.17	27.46	23.54	22.48	11.34
Long-Term Deferred Charges	50.83	52.13	27.78	18.46	24.01	29.88
Other Long-Term Assets	43	34.45	30.24	42.19	51.28	63.26
Total Assets	4,525	4,229	2,886	2,724	2,558	2,247
Accounts Payable	704.4	639.11	255.63	270.89	220.52	189.34
Accrued Expenses	43.27	312.41	66.39	59.65	76.7	44.61
Short-Term Debt	666.35	612.44	393.82	400.69	326.67	265.16
Current Portion of Long-Term Debt	189.64	107.43	88.34	97.62	9.91	30
Current Portion of Leases	-	35.97	31.06	36.23	36.34	19.62
Current Income Taxes Payable	19.11	14.62	2.1	10.68	15.49	15
Current Unearned Revenue	54.24	25.03	8.9	9.34	13.73	12.21
Other Current Liabilities	557.13	182.67	99	46.03	52.55	38.55
Total Current Liabilities	2,234	1,930	945.23	931.14	751.91	614.48
Long-Term Debt	612.47	616.14	280.38	57.96	96.93	105.84
Long-Term Leases	19.08	28.1	23.34	32.79	47.19	24.18
Long-Term Unearned Revenue	37.27	36.94	43.89	50.11	57.87	40.57
Long-Term Deferred Tax Liabilities	19.85	20.75	9.47	11.9	14.89	8.83
Other Long-Term Liabilities	7.45	2.07	2.24	0.94	0.96	-
Total Liabilities	2,930	2,634	1,305	1,085	969.75	793.9
Common Stock	595.97	556.61	494.58	499.78	499.78	499.38
Additional Paid-In Capital	947.64	716.65	414.06	449.24	448.86	446.03
Retained Earnings	325.42	354.09	628.96	668.68	611.86	531.75
Treasury Stock	-488.86	-257.42	-	-50.02	-50.02	-50.02
Comprehensive Income & Other	-14.8	-15.29	-0.09	0	-0.01	-0
Total Common Equity	1,365	1,355	1,538	1,568	1,510	1,427
Minority Interest	229.29	240.24	43.85	71.42	77.58	26.06
Shareholders' Equity	1,595	1,595	1,581	1,639	1,588	1,453
Total Liabilities & Equity	4,525	4,229	2,886	2,724	2,558	2,247
Total Debt	1,488	1,400	816.94	625.3	517.05	444.8
Net Cash (Debt)	-754.79	-773.35	-432.89	-411.69	-329.19	-215.93
Net Cash Per Share	-1.55	-1.56	-0.87	-0.80	-0.66	-0.44
Filing Date Shares Outstanding	494.36	556.61	494.58	494.58	494.58	494.19
Total Common Shares Outstanding	494.36	556.61	494.58	494.58	494.58	494.19
Working Capital	407.54	381.26	627.28	446.93	471.68	438.88
Book Value Per Share	2.76	2.43	3.11	3.17	3.05	2.89
Tangible Book Value	622.54	607.48	1,185	1,197	1,151	1,101
Tangible Book Value Per Share	1.26	1.09	2.40	2.42	2.33	2.23
Buildings	-	402.11	349.7	239.45	211.8	163.74
Machinery	-	1,044	1,022	960.44	1,001	888.63
Construction In Progress	-	50.75	3.78	119.68	64.48	35.39

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