SHE:300375 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	236.18	449.82	519.17	527.5	105.61	156.53
Short-Term Investments	-	-	-	-	-	0
Trading Asset Securities	65	13	10	-	261.5	101.42
Cash & Short-Term Investments	301.18	462.82	529.17	527.5	367.11	257.95
Cash Growth	-40.76%	-12.54%	0.32%	43.69%	42.32%	27.69%
Accounts Receivable	873.62	1,121	979.89	936.31	543.71	585.54
Other Receivables	2.99	3.43	21.83	1.91	1.34	1.16
Receivables	876.61	1,124	1,002	938.22	545.05	586.7
Inventory	585.74	610.86	597.65	504.79	425.85	387.55
Prepaid Expenses	-	-	0	0.01	1.66	-
Other Current Assets	34.93	38.17	47.03	27.25	36.38	12.25
Total Current Assets	1,798	2,236	2,176	1,998	1,376	1,244
Property, Plant & Equipment	870.74	842.44	734.78	640.52	647.17	624.43
Long-Term Investments	117.15	57.81	143.66	142.04	157.33	132.57
Goodwill	48.41	48.41	332.09	332.09	360.33	395.47
Other Intangible Assets	105.08	105.69	109.8	109.62	114.36	118.97
Long-Term Deferred Tax Assets	79.78	75.92	70.2	61.03	59.52	21.92
Long-Term Deferred Charges	6.47	6.54	5.77	6.49	1.54	0.11
Other Long-Term Assets	297.45	361.32	17.81	26.57	8.42	3.66
Total Assets	3,324	3,734	3,590	3,316	2,725	2,542
Accounts Payable	604.23	917.23	763.74	694.23	478.13	360.53
Accrued Expenses	43.02	62.41	100.56	77.49	64.55	66.7
Short-Term Debt	397.5	466.21	294.82	197.92	108.92	-
Current Portion of Long-Term Debt	13.07	13.56	-	-	-	100.05
Current Portion of Leases	-	-	9.32	6.09	4.24	3.61
Current Income Taxes Payable	12.62	23.89	0.06	0.39	22.15	21.09
Current Unearned Revenue	0.33	0.9	0.5	2.44	0.38	0.32
Other Current Liabilities	49.94	48.79	30.17	18.21	6.42	5.4
Total Current Liabilities	1,121	1,533	1,199	996.76	684.79	557.71
Long-Term Leases	30.75	32.73	24.27	12.54	6.84	7.4
Long-Term Unearned Revenue	35.52	36.04	37.33	38.93	44.49	49.61
Long-Term Deferred Tax Liabilities	70.64	71.14	70.46	71.33	54.67	35.35
Total Liabilities	1,258	1,673	1,331	1,120	790.78	650.08
Common Stock	759.74	759.74	755.38	755.38	664.79	711.12
Additional Paid-In Capital	452.51	451.03	436.88	430.67	249.25	410.07
Retained Earnings	847.7	843.91	1,062	1,011	1,020	977.41
Comprehensive Income & Other	0.29	-	-	-	-	-207.11
Total Common Equity	2,060	2,055	2,254	2,197	1,934	1,891
Minority Interest	5.67	6.44	4.32	-	-	-
Shareholders' Equity	2,066	2,061	2,258	2,197	1,934	1,891
Total Liabilities & Equity	3,324	3,734	3,590	3,316	2,725	2,542
Total Debt	441.32	512.5	328.4	216.55	119.99	111.06
Net Cash (Debt)	-140.14	-49.68	200.77	310.96	247.12	146.89
Net Cash Growth	-	-	-35.44%	25.83%	68.24%	44.14%
Net Cash Per Share	-0.18	-0.07	0.26	0.44	0.36	0.21
Filing Date Shares Outstanding	757.08	773.37	755.38	755.38	755.38	664.79
Total Common Shares Outstanding	757.08	773.37	755.38	755.38	664.79	711.12
Working Capital	677.75	702.92	976.4	1,001	691.26	686.73
Book Value Per Share	2.72	2.66	2.98	2.91	2.91	2.66
Tangible Book Value	1,907	1,901	1,812	1,755	1,459	1,377
Tangible Book Value Per Share	2.52	2.46	2.40	2.32	2.20	1.94
Buildings	-	-	435.94	441.59	439.29	436.32
Machinery	-	-	979.02	863.52	777.04	740.79
Construction In Progress	-	-	73.58	32.73	70.23	6.23

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