SHE:300320 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	214.85	159.42	134.98	136.76	205.82	164.58
Trading Asset Securities	127.85	50.35	-	-	-	-
Cash & Short-Term Investments	342.69	209.76	134.98	136.76	205.82	164.58
Cash Growth	39.86%	55.40%	-1.30%	-33.55%	25.06%	-10.65%
Accounts Receivable	1,705	1,856	1,920	1,812	1,587	1,471
Other Receivables	16.26	6.98	8.19	12.27	15.96	14.41
Receivables	1,721	1,863	1,928	1,825	1,603	1,486
Inventory	545.18	606.13	637.32	488.17	470.47	504.47
Other Current Assets	34.68	43.46	27.22	49.9	26.94	22.96
Total Current Assets	2,643	2,722	2,728	2,499	2,306	2,178
Property, Plant & Equipment	796.94	812.46	822.27	776.03	712.23	656.96
Long-Term Investments	5.32	5.32	5.28	7.18	7.66	12.57
Goodwill	114.53	114.53	155.32	164.81	167.64	171.28
Other Intangible Assets	89.93	90.01	93.4	95.64	97.12	81.78
Long-Term Deferred Tax Assets	35.73	35.04	37.15	32.74	25.97	22.79
Long-Term Deferred Charges	0.01	0.02	0.02	-	0.04	0.17
Other Long-Term Assets	29.7	17.42	13.53	23.39	14.52	15.57
Total Assets	3,716	3,797	3,855	3,599	3,331	3,139
Accounts Payable	691.79	801.77	911	843.83	737.54	701.92
Accrued Expenses	33.74	64.68	62.21	62.62	54.9	52.07
Short-Term Debt	129.91	164.99	261.03	254.23	275.89	239.39
Current Portion of Long-Term Debt	56.55	44.96	66.23	47.25	4.5	10.66
Current Portion of Leases	-	3.54	2.78	2.05	2.91	2.59
Current Income Taxes Payable	28.82	19.35	17.52	15.55	5.43	3.48
Current Unearned Revenue	65.82	34.5	17.68	25.65	21.33	16.67
Other Current Liabilities	12.33	27.16	46.69	42.6	26.12	10.71
Total Current Liabilities	1,019	1,161	1,385	1,294	1,129	1,037
Long-Term Debt	27.52	26.5	73.4	48	66.17	44.15
Long-Term Leases	12.15	14.33	5.63	2.52	4.39	6.01
Long-Term Unearned Revenue	17.2	18.22	22.23	25.54	25.14	28.77
Long-Term Deferred Tax Liabilities	4.92	4.97	5.22	5.53	5.92	6.51
Total Liabilities	1,081	1,225	1,492	1,375	1,230	1,123
Common Stock	601.23	601.23	601.23	601.23	601.23	601.23
Additional Paid-In Capital	362.54	362.54	362.54	362.54	362.54	362.54
Retained Earnings	1,631	1,568	1,360	1,224	1,101	1,013
Comprehensive Income & Other	-1.7	-0.34	0	-	-	-
Total Common Equity	2,593	2,532	2,324	2,188	2,065	1,977
Minority Interest	42.01	39.99	39.52	35.74	36.12	38.96
Shareholders' Equity	2,635	2,572	2,363	2,224	2,101	2,016
Total Liabilities & Equity	3,716	3,797	3,855	3,599	3,331	3,139
Total Debt	226.13	254.32	409.07	354.05	353.87	302.8
Net Cash (Debt)	116.57	-44.56	-274.09	-217.29	-148.04	-138.22
Net Cash Per Share	0.19	-0.07	-0.46	-0.36	-0.24	-0.23
Filing Date Shares Outstanding	601.44	601.23	601.23	601.23	601.23	601.23
Total Common Shares Outstanding	601.44	601.23	601.23	601.23	601.23	601.23
Working Capital	1,625	1,561	1,343	1,206	1,177	1,140
Book Value Per Share	4.31	4.21	3.87	3.64	3.43	3.29
Tangible Book Value	2,388	2,327	2,075	1,928	1,800	1,724
Tangible Book Value Per Share	3.97	3.87	3.45	3.21	2.99	2.87
Buildings	-	539.31	524.62	498.18	404.68	377.53
Machinery	-	950.37	897.01	815.85	708.47	623.39
Construction In Progress	-	30.19	40.07	15.45	70.31	56.27

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