SHE:300267 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	976.83	897.4	698.54	744.35	764.67	761.56
Trading Asset Securities	90	90	120	0.12	114.12	-
Cash & Short-Term Investments	1,067	987.4	818.54	744.47	878.79	761.56
Cash Growth	51.10%	20.63%	9.95%	-15.28%	15.39%	-40.90%
Accounts Receivable	202.12	202.39	198.3	177.8	204.48	274.36
Other Receivables	3.53	3.62	4.46	18.17	27.81	13.57
Receivables	205.65	206.02	202.77	195.97	232.29	287.93
Inventory	523.93	512	600.78	691.6	821.34	714.77
Prepaid Expenses	-	-	-	1.39	-	-
Other Current Assets	122.73	83.15	95	97.58	158.78	182.1
Total Current Assets	1,919	1,789	1,717	1,731	2,091	1,946
Property, Plant & Equipment	2,384	2,425	2,716	2,917	2,857	2,604
Long-Term Investments	99.75	99.8	121.74	170.23	188.97	196.16
Goodwill	2	2	2	2	10.01	10.01
Other Intangible Assets	312.64	317.12	363.56	378.03	406.14	431.45
Long-Term Deferred Tax Assets	119.8	120.4	150.55	152.14	168.92	118.34
Long-Term Deferred Charges	8.89	9.56	10.66	12.08	19.5	16.51
Other Long-Term Assets	112.91	98.25	117.78	116.25	114.6	108.75
Total Assets	4,959	4,861	5,200	5,479	5,856	5,432
Accounts Payable	113.47	121.07	114.66	122.3	198.7	137.87
Accrued Expenses	12.41	25.01	26.09	31.22	23.38	33.79
Short-Term Debt	684.51	551.38	488.2	341.89	396.64	246
Current Portion of Long-Term Debt	4.82	8.79	-	-	-	-
Current Portion of Leases	-	-	3.69	2.16	4.11	3.88
Current Income Taxes Payable	3.14	8.75	0.17	0.99	0.97	0.74
Current Unearned Revenue	39.54	26.17	29.82	47.01	51.31	37.35
Other Current Liabilities	59.01	61.56	42.71	57.73	50.33	39.3
Total Current Liabilities	916.91	802.73	705.34	603.3	725.43	498.93
Long-Term Leases	27.72	27.86	17.38	1.17	2.58	2.15
Long-Term Unearned Revenue	9.2	10.06	14.93	18.39	23.15	27.91
Long-Term Deferred Tax Liabilities	46.35	46.32	46.9	46.2	53.41	29.29
Other Long-Term Liabilities	-	-	12.99	-	-	-
Total Liabilities	1,000	886.97	797.54	669.05	804.57	558.28
Common Stock	2,063	2,063	2,063	2,063	2,063	2,063
Additional Paid-In Capital	1,019	1,019	1,019	1,019	1,005	998.96
Retained Earnings	937.38	924.27	1,304	1,677	1,935	1,889
Comprehensive Income & Other	2.73	27.95	61.27	76.52	48.34	-99.15
Total Common Equity	4,022	4,034	4,447	4,836	5,051	4,851
Minority Interest	-62.86	-60.24	-45.23	-26.03	0.27	22.49
Shareholders' Equity	3,959	3,974	4,402	4,810	5,051	4,874
Total Liabilities & Equity	4,959	4,861	5,200	5,479	5,856	5,432
Total Debt	717.05	588.03	509.27	345.21	403.33	252.04
Net Cash (Debt)	349.79	399.38	309.27	399.25	475.46	509.53
Net Cash Growth	23.16%	29.13%	-22.54%	-16.03%	-6.69%	-38.28%
Net Cash Per Share	0.17	0.19	0.15	0.19	0.23	0.25
Filing Date Shares Outstanding	2,048	2,069	2,063	2,063	2,063	2,063
Total Common Shares Outstanding	2,048	2,069	2,063	2,063	2,063	2,063
Working Capital	1,002	985.84	1,012	1,128	1,366	1,447
Book Value Per Share	1.96	1.95	2.16	2.34	2.45	2.35
Tangible Book Value	3,708	3,715	4,082	4,456	4,635	4,410
Tangible Book Value Per Share	1.81	1.80	1.98	2.16	2.25	2.14
Buildings	-	-	1,933	1,990	1,926	1,740
Machinery	-	-	1,914	1,878	1,896	1,224
Construction In Progress	-	-	174.58	220.89	52.92	506.18

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