SHE:300260 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	452.78	445.37	533.38	295.99	247.4	260.08
Trading Asset Securities	-	-	0.17	0.19	-	-
Cash & Short-Term Investments	452.78	445.37	533.55	296.18	247.4	260.08
Cash Growth	-15.29%	-16.53%	80.14%	19.72%	-4.87%	-3.41%
Accounts Receivable	940.71	938.34	921.76	797.33	678.68	539.42
Other Receivables	14.53	12.73	15.78	13.72	12.08	12.25
Receivables	955.25	951.07	937.55	811.04	690.76	551.67
Inventory	1,692	1,648	1,549	1,583	1,409	1,033
Other Current Assets	105.9	71.81	55.22	52.65	72.73	80.6
Total Current Assets	3,206	3,117	3,075	2,743	2,420	1,926
Property, Plant & Equipment	1,650	1,668	1,454	1,111	910.87	684.82
Long-Term Investments	236.84	212.79	40.21	30	30	-
Goodwill	120.32	120.32	120.32	120.32	120.32	120.32
Other Intangible Assets	162.36	166.97	167.86	105.57	69.17	69.47
Long-Term Accounts Receivable	-	11.8	12.45	16.87	18.1	17.07
Long-Term Deferred Tax Assets	57.33	60.03	47.7	31.6	19.9	15.18
Long-Term Deferred Charges	6.61	7.33	9.05	8.86	9.54	11.6
Other Long-Term Assets	296.12	299.49	159.83	182.95	83.42	95.75
Total Assets	5,735	5,663	5,086	4,350	3,682	2,940
Accounts Payable	882.01	1,048	895.08	776.11	658.32	495.33
Accrued Expenses	33.13	90.89	86.79	79.62	63.3	41.71
Short-Term Debt	728.83	715.16	681.88	705.43	679.02	608.05
Current Portion of Long-Term Debt	415.75	383.18	315.21	261.66	111.38	71.65
Current Portion of Leases	-	6.76	6.72	6.59	6	5.2
Current Income Taxes Payable	-0.66	15.58	20.55	13.49	19.52	8.49
Current Unearned Revenue	132.45	106.54	139.18	138.95	167.97	153.85
Other Current Liabilities	151.47	179.4	183.18	55.81	32.6	27.38
Total Current Liabilities	2,343	2,545	2,329	2,038	1,738	1,412
Long-Term Debt	1,101	885.68	667.86	478.57	304.78	210.37
Long-Term Leases	22.55	22.5	27.25	30.58	29.36	35.65
Long-Term Unearned Revenue	37.6	32.93	21.19	15.73	4.2	5.2
Long-Term Deferred Tax Liabilities	0.24	0.49	0.37	0.34	0.32	1.49
Other Long-Term Liabilities	72.63	72.8	83.93	-	-	-
Total Liabilities	3,577	3,560	3,129	2,563	2,077	1,664
Common Stock	407.81	407.81	407.81	407.81	226.56	226.56
Additional Paid-In Capital	380.23	376.77	376.77	376.77	558.02	558.02
Retained Earnings	1,409	1,360	1,209	1,007	808.16	481.5
Treasury Stock	-53.59	-53.59	-53.59	-20	-	-
Comprehensive Income & Other	4.98	4.75	8.34	7.75	4.22	1.76
Total Common Equity	2,149	2,096	1,949	1,780	1,597	1,268
Minority Interest	8.49	7.8	8.14	7.63	7.87	7.69
Shareholders' Equity	2,157	2,104	1,957	1,787	1,605	1,276
Total Liabilities & Equity	5,735	5,663	5,086	4,350	3,682	2,940
Total Debt	2,269	2,013	1,699	1,483	1,131	930.92
Net Cash (Debt)	-1,816	-1,568	-1,165	-1,187	-883.12	-670.85
Net Cash Per Share	-4.56	-3.94	-2.88	-2.92	-2.16	-1.65
Filing Date Shares Outstanding	407.77	405.79	405.79	407.17	407.81	407.81
Total Common Shares Outstanding	407.77	405.79	405.79	407.17	407.81	407.81
Working Capital	862.55	571.29	746.4	705.35	682.17	514.03
Book Value Per Share	5.27	5.16	4.80	4.37	3.92	3.11
Tangible Book Value	1,866	1,808	1,660	1,554	1,407	1,078
Tangible Book Value Per Share	4.58	4.46	4.09	3.82	3.45	2.64
Buildings	-	-	627.46	422.56	415.79	367.51
Machinery	-	-	1,411	1,208	1,021	811.72
Construction In Progress	-	-	231.39	181.66	73.43	23.78

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