SHE:300429 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	224.62	264.24	158.27	315.19	369.07	478.67
Short-Term Investments	-	-	193.73	85.87	-	-
Trading Asset Securities	70.65	72.47	60.76	135.2	301.46	629.6
Cash & Short-Term Investments	295.27	336.71	412.76	536.27	670.52	1,108
Cash Growth	-29.53%	-18.43%	-23.03%	-20.02%	-39.50%	-11.42%
Accounts Receivable	253.42	232.87	194.12	149.12	142.1	222.81
Other Receivables	4.39	4.28	4.43	12.1	7.52	4.9
Receivables	257.81	237.15	198.55	161.22	149.62	227.71
Inventory	468.58	473.65	416.93	401.36	408.01	363.04
Other Current Assets	34.22	43.43	43.98	49.53	35.02	52.32
Total Current Assets	1,056	1,091	1,072	1,148	1,263	1,751
Property, Plant & Equipment	1,756	1,776	1,900	1,914	1,603	1,175
Long-Term Investments	38.66	39	66.48	306.68	441.92	77.28
Goodwill	102.53	102.53	103.38	143.22	143.22	198.77
Other Intangible Assets	188.02	190.84	174.36	176	183.76	205.29
Long-Term Deferred Tax Assets	34.37	34.53	29.84	24.58	19.96	33.96
Long-Term Deferred Charges	53.15	54.99	43.4	30.34	11.4	16.89
Other Long-Term Assets	36.69	19.34	32.5	38.35	55.17	57.07
Total Assets	3,265	3,308	3,422	3,782	3,721	3,516
Accounts Payable	155.07	152.32	240.07	286.28	237.62	223.19
Accrued Expenses	17.21	27.96	36.8	36.32	41.43	48.93
Short-Term Debt	318.83	273.74	184.93	183.47	386.18	245.73
Current Portion of Long-Term Debt	713.12	692.01	178.88	152.18	13.52	0.94
Current Portion of Leases	-	-	0.43	0.86	1.53	1.81
Current Income Taxes Payable	9.08	10.24	2.38	3.46	2.73	7.88
Current Unearned Revenue	2.6	1.59	2	1.3	0.63	3.64
Other Current Liabilities	24.33	23.61	11.4	8.93	40.61	107.99
Total Current Liabilities	1,240	1,181	656.88	672.8	724.25	640.1
Long-Term Debt	99.87	196.49	748.94	1,077	923.56	661.23
Long-Term Leases	1.27	1.43	0.48	0.35	1.12	2.46
Long-Term Unearned Revenue	112.53	115.71	117.77	122.16	99.71	88.9
Long-Term Deferred Tax Liabilities	16.73	17.82	15.16	24.96	34.52	42.09
Total Liabilities	1,471	1,513	1,539	1,897	1,783	1,435
Common Stock	538.12	536.3	536.3	515.26	515.26	515.26
Additional Paid-In Capital	808.26	775.37	784.09	503.35	505.33	499.26
Retained Earnings	316.42	345.23	472.58	654.27	700.16	815.99
Treasury Stock	-	-	-50	-	-	-
Comprehensive Income & Other	130.09	137.17	139.19	202.1	200.96	196.93
Total Common Equity	1,793	1,794	1,882	1,875	1,922	2,027
Minority Interest	1.59	1.35	0.92	9.82	16.63	53.8
Shareholders' Equity	1,794	1,795	1,883	1,885	1,938	2,081
Total Liabilities & Equity	3,265	3,308	3,422	3,782	3,721	3,516
Total Debt	1,133	1,164	1,114	1,413	1,326	912.17
Net Cash (Debt)	-837.82	-826.96	-700.9	-877.1	-655.38	196.1
Net Cash Growth	-	-	-	-	-	-59.17%
Net Cash Per Share	-1.56	-1.54	-1.37	-1.70	-1.27	0.38
Filing Date Shares Outstanding	536.55	549.72	531.52	515.26	515.26	515.26
Total Common Shares Outstanding	536.55	549.72	531.52	515.26	515.26	515.26
Working Capital	-184.36	-90.53	415.34	475.58	538.92	1,111
Book Value Per Share	3.34	3.26	3.54	3.64	3.73	3.93
Tangible Book Value	1,502	1,501	1,604	1,556	1,595	1,623
Tangible Book Value Per Share	2.80	2.73	3.02	3.02	3.09	3.15
Buildings	-	-	879.77	801.1	703.27	458.22
Machinery	-	-	1,270	1,058	663.88	629.9
Construction In Progress	-	-	390.72	562.25	656.13	448.09

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