SHE:300227 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	581.73	383.7	213.61	168	228.87
Short-Term Investments	-	-	-	19.85	-
Trading Asset Securities	45	0.35	-	-	-
Cash & Short-Term Investments	626.73	384.05	213.61	187.85	228.87
Cash Growth	63.19%	79.79%	13.71%	-17.92%	-7.90%
Accounts Receivable	1,004	669.91	687.28	597.35	500.82
Other Receivables	-0.72	-2.08	-2.06	1.5	1.42
Receivables	1,119	741.28	693.26	606.07	506.1
Inventory	484.24	410.39	427.87	404.11	274.39
Prepaid Expenses	1.23	1.74	0.19	0.02	-
Other Current Assets	80.16	35.05	43.14	25.54	44
Total Current Assets	2,311	1,573	1,378	1,224	1,053
Property, Plant & Equipment	959.69	788.95	809.44	796.96	684.15
Long-Term Investments	77.01	86.54	81.29	79.58	79.37
Goodwill	615.24	289.7	306.5	309.43	278.37
Other Intangible Assets	131.91	62.72	64.45	50.47	47.37
Long-Term Deferred Tax Assets	47.17	27.46	23.54	22.48	11.34
Long-Term Deferred Charges	52.13	27.78	18.46	24.01	29.88
Other Long-Term Assets	34.45	30.24	42.19	51.28	63.26
Total Assets	4,229	2,886	2,724	2,558	2,247
Accounts Payable	639.11	255.63	270.89	220.52	189.34
Accrued Expenses	312.41	66.39	59.65	76.7	44.61
Short-Term Debt	612.44	393.82	400.69	326.67	265.16
Current Portion of Long-Term Debt	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	14.62	2.1	10.68	15.49	15
Current Unearned Revenue	25.03	8.9	9.34	13.73	12.21
Other Current Liabilities	182.67	99	46.03	52.55	38.55
Total Current Liabilities	1,930	945.23	931.14	751.91	614.48
Long-Term Debt	616.14	280.38	57.96	96.93	105.84
Long-Term Leases	28.1	23.34	32.79	47.19	24.18
Long-Term Unearned Revenue	36.94	43.89	50.11	57.87	40.57
Long-Term Deferred Tax Liabilities	20.75	9.47	11.9	14.89	8.83
Other Long-Term Liabilities	2.07	2.24	0.94	0.96	-
Total Liabilities	2,634	1,305	1,085	969.75	793.9
Common Stock	556.61	494.58	499.78	499.78	499.38
Additional Paid-In Capital	716.65	414.06	449.24	448.86	446.03
Retained Earnings	354.09	628.96	668.68	611.86	531.75
Treasury Stock	-257.42	-	-50.02	-50.02	-50.02
Comprehensive Income & Other	-15.29	-0.09	0	-0.01	-0
Total Common Equity	1,355	1,538	1,568	1,510	1,427
Minority Interest	240.24	43.85	71.42	77.58	26.06
Shareholders' Equity	1,595	1,581	1,639	1,588	1,453
Total Liabilities & Equity	4,229	2,886	2,724	2,558	2,247
Total Debt	1,400	816.94	625.3	517.05	444.8
Net Cash (Debt)	-773.35	-432.89	-411.69	-329.19	-215.93
Net Cash Per Share	-1.56	-0.87	-0.80	-0.66	-0.44
Filing Date Shares Outstanding	556.61	494.58	494.58	494.58	494.19
Total Common Shares Outstanding	556.61	494.58	494.58	494.58	494.19
Working Capital	381.26	627.28	446.93	471.68	438.88
Book Value Per Share	2.43	3.11	3.17	3.05	2.89
Tangible Book Value	607.48	1,185	1,197	1,151	1,101
Tangible Book Value Per Share	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.