SHE:300382 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	345.24	341.52	295.74	374.22	488.02	291.35
Trading Asset Securities	0.98	0.95	130.73	375.78	440.62	100.63
Cash & Short-Term Investments	346.23	342.47	426.47	750	928.64	391.98
Cash Growth	-26.00%	-19.70%	-43.14%	-19.24%	136.91%	-28.69%
Accounts Receivable	765.43	841.81	745.08	825.49	747.85	397.67
Other Receivables	15.81	13.32	9.5	6.06	30.71	5.43
Receivables	781.24	855.13	754.57	831.55	778.56	403.1
Inventory	1,106	1,014	930.91	793.74	690.55	755.27
Other Current Assets	181.95	170.28	222.38	136.3	160.91	215.82
Total Current Assets	2,416	2,382	2,334	2,512	2,559	1,766
Property, Plant & Equipment	2,429	2,372	2,197	1,474	1,154	596.49
Long-Term Investments	172.56	214.66	225.09	120.65	99.55	75.29
Goodwill	2.92	2.92	6.16	16.43	18.5	15.42
Other Intangible Assets	164.11	165.46	168.24	173.16	177.46	134.49
Long-Term Accounts Receivable	-	-	10.08	-	-	-
Long-Term Deferred Tax Assets	53.22	50.2	37.5	30.3	22.5	17.61
Long-Term Deferred Charges	78.52	82.18	46.63	16.7	13.84	6.71
Other Long-Term Assets	111.14	72.55	25.41	20.45	45.93	70.03
Total Assets	5,427	5,342	5,050	4,363	4,090	2,682
Accounts Payable	562.71	501.27	356.49	262.27	234.3	210.24
Accrued Expenses	39.7	41.73	35.64	47.89	58.21	61.99
Short-Term Debt	569.17	564.2	365.37	313.99	344.73	256.84
Current Portion of Long-Term Debt	412.43	438.31	236.91	173.45	6.6	25.35
Current Portion of Leases	-	-	24.64	14.66	9.58	2.52
Current Income Taxes Payable	-	14.55	0.77	13.26	19.89	7.2
Current Unearned Revenue	223.21	174.59	166.74	74.62	145.48	319.2
Other Current Liabilities	39.71	56.7	21.82	34.56	67.93	34.93
Total Current Liabilities	1,847	1,791	1,208	934.71	886.72	918.26
Long-Term Debt	782.19	746.06	1,344	1,037	675.96	372.56
Long-Term Leases	342.13	326.71	401.89	32.35	17.14	9.91
Long-Term Unearned Revenue	14.34	14.98	6.07	2.13	0.04	0.7
Other Long-Term Liabilities	192.92	197.47	58.7	56.62	51.93	38.57
Total Liabilities	3,179	3,077	3,019	2,062	1,632	1,340
Common Stock	648.4	648.4	628.76	628.42	626.55	580.38
Additional Paid-In Capital	1,265	1,259	1,072	1,069	1,042	239.44
Retained Earnings	339.72	361.56	423.12	622.11	679.48	482.58
Treasury Stock	-	-	-141.24	-102.48	-	-16.54
Comprehensive Income & Other	23.5	22.16	55.36	52.01	49.99	47.95
Total Common Equity	2,277	2,291	2,038	2,269	2,398	1,334
Minority Interest	-28.21	-25.58	-6.82	32.38	60.53	8.39
Shareholders' Equity	2,249	2,265	2,031	2,301	2,458	1,342
Total Liabilities & Equity	5,427	5,342	5,050	4,363	4,090	2,682
Total Debt	2,106	2,075	2,373	1,571	1,054	667.18
Net Cash (Debt)	-1,760	-1,733	-1,947	-821.03	-125.37	-275.19
Net Cash Per Share	-2.70	-2.81	-3.12	-1.34	-0.21	-0.49
Filing Date Shares Outstanding	728.07	267.52	616.91	621.03	626.55	580.38
Total Common Shares Outstanding	728.07	267.52	616.91	621.03	626.55	580.38
Working Capital	568.66	590.66	1,126	1,577	1,672	847.9
Book Value Per Share	3.13	8.56	3.30	3.65	3.83	2.30
Tangible Book Value	2,110	2,122	1,863	2,079	2,202	1,184
Tangible Book Value Per Share	2.90	7.93	3.02	3.35	3.51	2.04
Buildings	-	-	479.29	398.87	125.59	125.41
Machinery	-	-	939.42	770.34	620.91	399.34
Construction In Progress	-	-	688.65	527.96	587.17	213.93

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