SHE:300246 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	457.08	676.95	466.39	498.72	437.03	336.55
Short-Term Investments	-	-	263.97	322.21	342.83	-
Trading Asset Securities	120.25	-	-	-	-	-
Cash & Short-Term Investments	577.33	676.95	730.35	820.93	779.86	336.55
Cash Growth	-8.40%	-7.31%	-11.03%	5.27%	131.72%	-30.33%
Accounts Receivable	246.55	246.69	262.44	261.25	297.24	232.03
Other Receivables	11.32	9.97	54.72	27.59	25.22	26.26
Receivables	257.87	256.67	317.16	288.84	322.46	258.29
Inventory	312.46	287.82	232.07	220.37	200.57	193.5
Other Current Assets	65.33	54.2	54.1	41.26	33	41.41
Total Current Assets	1,213	1,276	1,334	1,371	1,336	829.76
Property, Plant & Equipment	969.28	957.12	911.18	888.73	737.85	584.72
Long-Term Investments	27.28	27.51	13.84	8.53	8.69	9.83
Goodwill	15.49	15.49	25.15	40.67	127.13	127.13
Other Intangible Assets	104.28	104.36	101.63	98.08	94.51	90.51
Long-Term Accounts Receivable	-	-	4.12	5.59	-	-
Long-Term Deferred Tax Assets	47.03	40.65	29.19	18.13	25	10.48
Long-Term Deferred Charges	39.6	42.56	39.81	40.85	25.91	31.85
Other Long-Term Assets	42.95	58.97	40.21	62.43	83.97	35.24
Total Assets	2,459	2,522	2,499	2,534	2,439	1,720
Accounts Payable	251.3	224.01	206.49	246.8	221.26	178.44
Accrued Expenses	15.56	24.73	43.5	38.87	49.57	37.35
Short-Term Debt	114.39	133.32	188.14	220.41	132.64	130.66
Current Portion of Long-Term Debt	304.18	264.28	40.7	50.37	14.55	8.06
Current Portion of Leases	-	-	6.65	6.45	5.95	4.47
Current Income Taxes Payable	4.42	4.47	1.98	3.08	3.98	3.37
Current Unearned Revenue	54.77	49.15	43.75	69.39	76.01	48.08
Other Current Liabilities	85.77	102.59	144.61	135.34	99.43	86.77
Total Current Liabilities	830.38	802.54	675.82	770.7	603.39	497.2
Long-Term Debt	221.56	306.89	388.05	284.16	252.97	205.21
Long-Term Leases	25.55	20.32	22.19	23.61	21.46	8.12
Long-Term Unearned Revenue	160.01	167.89	106.94	50.3	45.38	9.32
Long-Term Deferred Tax Liabilities	14.81	11.44	14.72	14.87	13.48	7.25
Other Long-Term Liabilities	1.1	1.04	-	1.81	-	0.03
Total Liabilities	1,253	1,310	1,208	1,145	936.68	727.13
Common Stock	264.61	264.58	264.58	264.58	175.79	146.09
Additional Paid-In Capital	408.91	408.11	408.04	408.03	504.38	-
Retained Earnings	423.21	430.53	513.04	584.48	684.82	698.15
Treasury Stock	-20.01	-20.01	-20.01	-	-	-
Comprehensive Income & Other	53.68	54.33	53.04	53.81	51.09	49.64
Total Common Equity	1,130	1,138	1,219	1,311	1,416	893.89
Minority Interest	75.1	74.65	72.43	78.05	86.17	98.49
Shareholders' Equity	1,205	1,212	1,291	1,389	1,502	992.38
Total Liabilities & Equity	2,459	2,522	2,499	2,534	2,439	1,720
Total Debt	665.68	724.8	645.72	584.99	427.57	356.52
Net Cash (Debt)	-88.35	-47.86	84.63	235.94	352.29	-19.97
Net Cash Growth	-	-	-64.13%	-33.03%	-	-
Net Cash Per Share	-0.33	-0.18	0.32	0.89	1.35	-0.09
Filing Date Shares Outstanding	264.22	263.9	261.6	264.58	263.68	262.22
Total Common Shares Outstanding	264.22	263.9	261.6	264.58	263.68	219.14
Working Capital	382.61	473.1	657.87	600.7	732.5	332.56
Book Value Per Share	4.28	4.31	4.66	4.95	5.37	4.08
Tangible Book Value	1,011	1,018	1,092	1,172	1,194	676.25
Tangible Book Value Per Share	3.82	3.86	4.17	4.43	4.53	3.09
Buildings	-	-	582.36	308.84	244.21	216.58
Machinery	-	-	448.39	418.44	398.3	361.28
Construction In Progress	-	-	127.92	365.74	263.45	155.7

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