SHE:300424 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	269.03	357.04	250.56	365.23	309.26	242.81
Trading Asset Securities	36	-	-	-	-	0
Cash & Short-Term Investments	305.03	357.04	250.56	365.23	309.26	242.81
Cash Growth	-10.91%	42.50%	-31.40%	18.10%	27.37%	-49.09%
Accounts Receivable	642.91	631.78	667.94	711.01	686.43	641.13
Other Receivables	42.28	31.43	6.78	12.85	10.02	7.77
Receivables	685.19	663.21	674.72	723.86	727.54	648.9
Inventory	589.28	568.68	488.53	483.08	395.34	412.85
Prepaid Expenses	-	-	0.02	0.02	1.23	1.65
Other Current Assets	56.69	48.29	77.21	80.39	102.58	34.18
Total Current Assets	1,636	1,637	1,491	1,653	1,536	1,340
Property, Plant & Equipment	532.89	475.63	521.13	506.4	460.15	467.76
Long-Term Investments	52.72	52.43	54.93	41.33	63.79	69.74
Goodwill	38.81	40.31	36.84	38.47	36.33	35.34
Other Intangible Assets	132	138.54	140.77	158.06	176.8	155.25
Long-Term Deferred Tax Assets	112.1	108.23	84.18	66.31	51.28	45.16
Long-Term Deferred Charges	17.19	16.65	7.81	19.77	10.88	44.8
Other Long-Term Assets	15.37	16.28	19.66	7.85	15.32	14.16
Total Assets	2,537	2,485	2,356	2,491	2,378	2,195
Accounts Payable	426.29	375.69	323.48	345.79	307.21	311.28
Accrued Expenses	77.28	97.71	168.04	146.85	145.99	107.8
Short-Term Debt	194.67	239.7	269.19	365	413.78	329.14
Current Portion of Long-Term Debt	418.46	441.26	130.73	76.67	75.77	31.62
Current Portion of Leases	-	-	18.68	7.7	34.95	8.22
Current Income Taxes Payable	104.07	103.23	3.69	3.01	2.36	1.8
Current Unearned Revenue	155.3	117.45	82.16	116.01	177.51	134.29
Other Current Liabilities	39.33	43.36	33.15	34.2	35.66	31.92
Total Current Liabilities	1,415	1,418	1,029	1,095	1,193	956.06
Long-Term Debt	153.86	189.43	425.58	456.4	296.19	384.46
Long-Term Leases	172.85	101.1	114.22	130.35	109.78	98.52
Long-Term Unearned Revenue	11.27	10	6.52	6.3	8.72	7.71
Long-Term Deferred Tax Liabilities	0.02	0	0.95	0.85	1.06	-
Other Long-Term Liabilities	1.91	7.39	2.98	2.98	2.98	3.07
Total Liabilities	1,755	1,726	1,579	1,692	1,612	1,450
Common Stock	245.44	245.43	245.43	239.9	239.89	239.89
Additional Paid-In Capital	290.17	290.13	300.47	213.88	213.86	214.98
Retained Earnings	161.98	134.7	179.8	277.59	255.95	231.79
Comprehensive Income & Other	37.54	46.01	26.59	49.81	45.31	46.99
Total Common Equity	735.12	716.28	752.29	781.17	755.01	733.65
Minority Interest	46.88	42.68	24.68	17.5	10.74	11.39
Shareholders' Equity	782	758.96	776.97	798.67	765.75	745.04
Total Liabilities & Equity	2,537	2,485	2,356	2,491	2,378	2,195
Total Debt	939.83	971.5	958.41	1,036	930.47	851.96
Net Cash (Debt)	-634.79	-614.46	-707.85	-670.88	-621.21	-609.15
Net Cash Per Share	-2.59	-2.50	-2.94	-2.80	-2.59	-2.54
Filing Date Shares Outstanding	245.52	245.08	245.43	239.9	239.89	239.89
Total Common Shares Outstanding	245.52	245.08	245.43	239.9	239.89	239.89
Working Capital	220.81	218.8	461.92	557.37	342.72	384.32
Book Value Per Share	2.99	2.92	3.07	3.26	3.15	3.06
Tangible Book Value	564.3	537.43	574.69	584.64	541.88	543.06
Tangible Book Value Per Share	2.30	2.19	2.34	2.44	2.26	2.26
Buildings	-	-	225.46	224.71	205.81	205.81
Machinery	-	-	552.94	533	471.07	458.43
Construction In Progress	-	-	6.22	5.75	9.41	7.84

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