SHE:300366 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	40.98	149.43	172.89	296.72	393.31	465.79
Trading Asset Securities	-	-	1.71	1.13	1.53	553.36
Cash & Short-Term Investments	40.98	149.43	174.6	297.84	394.84	1,019
Cash Growth	-30.11%	-14.42%	-41.38%	-24.57%	-61.26%	92.88%
Accounts Receivable	668.5	799.51	1,096	1,329	1,492	1,341
Other Receivables	12.35	10.59	53.32	29.57	304.79	37.95
Receivables	680.85	810.1	1,149	1,359	1,797	1,379
Inventory	729.63	654.57	823.09	901.18	890.53	702.92
Prepaid Expenses	-	-	2.9	6.47	-	6.62
Other Current Assets	29.72	24.47	15.64	25.69	65.42	72.47
Total Current Assets	1,481	1,639	2,165	2,590	3,147	3,181
Property, Plant & Equipment	301.92	301.13	303.33	318.71	264.17	264
Long-Term Investments	248.61	273.97	363.23	87.87	75.07	19.47
Goodwill	12.98	12.98	12.98	12.98	12.98	15.02
Other Intangible Assets	53.19	64.22	127.53	277.9	295.51	199.95
Long-Term Deferred Tax Assets	90.15	89.97	144.66	133.29	74.66	73.45
Long-Term Deferred Charges	0.33	0.57	1.48	2.21	8.42	17.81
Other Long-Term Assets	0.06	0.1	2.87	4.91	3.79	3.34
Total Assets	2,188	2,382	3,121	3,428	3,882	3,774
Accounts Payable	419.88	460.81	555.36	576.02	611.55	644.78
Accrued Expenses	39.05	53.3	96.93	118.7	114.35	123.82
Short-Term Debt	323.52	396.87	456.23	794.26	721.32	533.63
Current Portion of Long-Term Debt	2.04	2.99	-	-	-	-
Current Portion of Leases	-	-	3.42	3.64	4.88	12.99
Current Income Taxes Payable	35.28	42.62	1.22	0.98	1.25	4.32
Current Unearned Revenue	262.11	234.74	257.59	130.55	129.31	133.38
Other Current Liabilities	137.32	161.67	60.09	69.79	70.78	37.36
Total Current Liabilities	1,219	1,353	1,431	1,694	1,653	1,490
Long-Term Leases	4.64	4.6	5.61	6.99	5.66	9.01
Long-Term Unearned Revenue	16.42	15.55	13.34	8.9	6.8	6.59
Long-Term Deferred Tax Liabilities	0.96	1.1	1.21	1.38	0.21	8.59
Other Long-Term Liabilities	1.41	1.41	1.42	1.37	1.33	1.31
Total Liabilities	1,243	1,376	1,452	1,713	1,667	1,516
Common Stock	607.58	607.58	607.58	607.58	607.58	607.58
Additional Paid-In Capital	2,398	2,398	2,398	2,424	2,385	2,377
Retained Earnings	-1,853	-1,799	-1,166	-1,087	-612.78	-556
Treasury Stock	-	-	-	-35.04	-44.85	-81.56
Comprehensive Income & Other	-2.06	-2.49	0.72	2.87	1.84	2.85
Total Common Equity	1,151	1,203	1,840	1,912	2,337	2,350
Minority Interest	-204.78	-197.59	-171.13	-197	-122.28	-91.97
Shareholders' Equity	945.8	1,006	1,669	1,715	2,214	2,258
Total Liabilities & Equity	2,188	2,382	3,121	3,428	3,882	3,774
Total Debt	330.2	404.46	465.26	804.9	731.86	555.63
Net Cash (Debt)	-289.21	-255.03	-290.65	-507.05	-337.02	463.53
Net Cash Per Share	-0.48	-0.42	-0.48	-0.85	-0.56	0.88
Filing Date Shares Outstanding	607.49	607.8	607.58	598.71	603.34	567.92
Total Common Shares Outstanding	607.49	607.8	607.58	598.71	603.34	567.92
Working Capital	262	285.57	734.28	896.01	1,494	1,690
Book Value Per Share	1.89	1.98	3.03	3.19	3.87	4.14
Tangible Book Value	1,084	1,126	1,699	1,621	2,028	2,135
Tangible Book Value Per Share	1.79	1.85	2.80	2.71	3.36	3.76
Buildings	-	-	55.81	55.81	55.81	55.71
Machinery	-	-	115.12	128.66	128.95	102.18
Construction In Progress	-	-	249.04	238.82	191.46	200.54

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