SHE:300351 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	1,230	1,285	512.78	683.22	753.49	733.64
Short-Term Investments	-	-	-	-	-	40
Trading Asset Securities	250.89	328.86	-	0.71	22.15	29.18
Cash & Short-Term Investments	1,481	1,614	512.78	683.93	775.63	802.82
Cash Growth	7.65%	214.75%	-25.02%	-11.82%	-3.39%	25.75%
Accounts Receivable	1,269	1,333	1,335	1,161	1,072	797.47
Other Receivables	10.36	10.58	8.45	6.35	5.99	6.53
Receivables	1,279	1,343	1,343	1,168	1,078	804
Inventory	745.37	710.18	552.44	452.69	493.77	394.85
Prepaid Expenses	-	-	-	0.01	0.02	0.33
Other Current Assets	47.89	32.49	31.51	17.18	12.7	12.38
Total Current Assets	3,553	3,700	2,440	2,321	2,360	2,014
Property, Plant & Equipment	907.68	892.65	812.24	552.77	393.16	397.08
Long-Term Investments	109.67	110.26	124.96	121.39	104.15	100.95
Goodwill	3.04	3.04	3.04	3.04	3.04	3.05
Other Intangible Assets	117.89	119.32	123.51	125.24	92.32	78.23
Long-Term Deferred Tax Assets	4.42	2.76	6.13	7.12	11.2	12.95
Long-Term Deferred Charges	33.02	34.23	18.03	8.09	8.9	10.95
Other Long-Term Assets	45.46	38.96	42.26	59.7	66.45	59.81
Total Assets	4,774	4,901	3,570	3,199	3,040	2,677
Accounts Payable	989.98	1,015	852.64	625.84	587.31	383.33
Accrued Expenses	17.01	79.07	95.46	77.07	75.85	60.98
Short-Term Debt	44.53	18.47	0.01	0.9	1.9	3.12
Current Portion of Long-Term Debt	52.11	100.05	-	-	-	-
Current Portion of Leases	-	6.75	6.2	5.51	7.17	5.78
Current Income Taxes Payable	10.8	0.41	0.61	0.7	3.3	1.9
Current Unearned Revenue	24.06	24.28	18.09	12.37	9.48	9.36
Other Current Liabilities	67.47	72.91	51.6	78.1	41.77	25.4
Total Current Liabilities	1,206	1,317	1,025	800.5	726.79	489.88
Long-Term Debt	957.69	950.79	-	-	-	-
Long-Term Leases	3.28	4.9	7.96	5.59	4.21	6.09
Long-Term Unearned Revenue	45.1	52.77	37.5	31.03	33.19	36.79
Total Liabilities	2,220	2,325	1,070	837.11	764.19	532.76
Common Stock	388.91	388.9	387.92	386.79	385.16	383.64
Additional Paid-In Capital	1,760	1,760	1,793	1,760	1,782	1,795
Retained Earnings	285.38	307.13	267.9	180.78	79.72	-74.99
Treasury Stock	-0.31	-0.31	-4.06	-7.42	-10.56	-
Comprehensive Income & Other	40.77	41.62	-0	-	-	-
Total Common Equity	2,475	2,497	2,445	2,320	2,236	2,104
Minority Interest	79.84	78.28	55.55	41.37	39.18	40.94
Shareholders' Equity	2,555	2,576	2,500	2,362	2,275	2,145
Total Liabilities & Equity	4,774	4,901	3,570	3,199	3,040	2,677
Total Debt	1,058	1,081	14.17	12	13.28	14.98
Net Cash (Debt)	423.42	532.98	498.61	671.94	762.35	787.84
Net Cash Growth	0.43%	6.89%	-25.80%	-11.86%	-3.23%	24.07%
Net Cash Per Share	1.10	1.36	1.27	1.73	1.97	2.06
Filing Date Shares Outstanding	362.37	388.91	387.92	386.79	385.16	383.64
Total Common Shares Outstanding	362.37	388.9	387.92	386.79	385.16	383.64
Working Capital	2,347	2,383	1,415	1,521	1,634	1,525
Book Value Per Share	6.83	6.42	6.30	6.00	5.81	5.48
Tangible Book Value	2,354	2,375	2,318	2,192	2,141	2,022
Tangible Book Value Per Share	6.50	6.11	5.98	5.67	5.56	5.27
Buildings	-	-	-	363	358.36	358.1
Machinery	-	582.04	445.52	380.4	325.99	287.21
Construction In Progress	-	107.3	225.37	168.77	16	11.79

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