SHE:300337 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	812.04	258.14	419.06	575.57	826.22	499.79
Trading Asset Securities	1.63	-	-	-	70.3	87.19
Cash & Short-Term Investments	813.67	258.14	419.06	575.57	896.52	586.98
Cash Growth	-50.30%	-38.40%	-27.19%	-35.80%	52.73%	77.00%
Accounts Receivable	1,515	1,448	1,242	860.19	892.3	863.4
Other Receivables	11.66	210.18	177.06	83.35	26.57	6.23
Receivables	1,527	1,659	1,419	943.53	918.87	869.63
Inventory	2,283	1,984	1,590	1,005	796.56	748.16
Other Current Assets	359.05	109.62	71.9	62	55.06	37.68
Total Current Assets	4,982	4,011	3,500	2,586	2,667	2,242
Property, Plant & Equipment	2,287	2,281	2,057	1,579	1,122	1,189
Long-Term Investments	35.07	35.07	33.51	39.76	46.82	37.16
Goodwill	14.46	14.46	16.31	45.92	66.98	93.67
Other Intangible Assets	129.52	130.22	133.56	132.75	74.95	81.51
Long-Term Accounts Receivable	-	-	-	-	-	25
Long-Term Deferred Tax Assets	89.15	89.39	59.94	27.21	24.51	24.6
Long-Term Deferred Charges	1.93	2.08	1.4	1.49	3.35	5.82
Other Long-Term Assets	18.79	24.99	36.34	81.65	24.36	18.28
Total Assets	7,558	6,588	5,838	4,494	4,030	3,717
Accounts Payable	581.8	596.04	655.98	304.72	334.23	303.63
Accrued Expenses	13.66	25.71	24.24	23.59	22.26	23.34
Short-Term Debt	1,828	829.54	977.77	443.59	2,022	1,573
Current Portion of Long-Term Debt	113.85	966.33	111.32	51.82	-	-
Current Portion of Leases	-	2.56	2.25	2.23	2.45	150.46
Current Income Taxes Payable	32.43	29.38	38.21	-	-	-
Current Unearned Revenue	23.44	39.73	35.24	23.35	20.35	12.36
Other Current Liabilities	10.59	12	12.27	4.58	7.52	73.38
Total Current Liabilities	2,603	2,501	1,857	853.89	2,409	2,136
Long-Term Debt	2,988	2,172	2,181	1,913	-	-
Long-Term Leases	0.96	1.16	1.51	1.32	1.71	30.51
Long-Term Unearned Revenue	191.06	194.16	142.77	103.94	53.95	45.96
Long-Term Deferred Tax Liabilities	0.65	0.66	0.7	0.77	0.95	0.89
Total Liabilities	5,784	4,869	4,183	2,873	2,466	2,213
Common Stock	821.95	821.94	821.92	821.92	821.92	821.92
Additional Paid-In Capital	571.62	571.48	571.3	571.3	571.3	571.3
Retained Earnings	377.98	323.32	285.27	244.02	179.53	128.68
Comprehensive Income & Other	21.95	20.81	-6.73	-0.47	6.59	-3.05
Total Common Equity	1,793	1,738	1,672	1,637	1,579	1,519
Minority Interest	-18.78	-18.64	-17.24	-16.3	-15.15	-14.96
Shareholders' Equity	1,775	1,719	1,655	1,620	1,564	1,504
Total Liabilities & Equity	7,558	6,588	5,838	4,494	4,030	3,717
Total Debt	4,930	3,971	3,274	2,412	2,027	1,754
Net Cash (Debt)	-4,116	-3,713	-2,855	-1,837	-1,130	-1,167
Net Cash Per Share	-5.01	-4.52	-3.47	-2.24	-1.38	-1.44
Filing Date Shares Outstanding	821.95	821.94	821.92	821.92	821.92	821.92
Total Common Shares Outstanding	821.95	821.94	821.92	821.92	821.92	821.92
Working Capital	2,379	1,509	1,643	1,732	257.84	106.37
Book Value Per Share	2.18	2.11	2.03	1.99	1.92	1.85
Tangible Book Value	1,650	1,593	1,522	1,458	1,437	1,344
Tangible Book Value Per Share	2.01	1.94	1.85	1.77	1.75	1.63
Buildings	-	807.91	768.4	465.04	459.73	459.73
Machinery	-	2,490	2,292	1,603	1,580	1,578
Construction In Progress	-	273.33	146.09	558.95	33.12	16.52

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