SHE:300430 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	138.92	255.34	362.71	229.29	201.53	261.44
Trading Asset Securities	-	-	1.08	30.7	26.94	-
Cash & Short-Term Investments	138.92	255.34	363.79	259.98	228.47	261.44
Cash Growth	-42.79%	-29.81%	39.93%	13.79%	-12.61%	3.51%
Accounts Receivable	525.73	533.8	838.47	926.97	603.3	519.82
Other Receivables	32.78	27.92	5.47	6.38	10	1.97
Receivables	558.51	561.71	843.94	933.34	613.3	521.79
Inventory	527.71	596.39	556.23	553.39	679.27	628.94
Prepaid Expenses	-	-	1.88	0.4	1.02	1.3
Other Current Assets	204.54	106.79	82.15	62.15	77.1	99.67
Total Current Assets	1,430	1,520	1,848	1,809	1,599	1,513
Property, Plant & Equipment	788.92	792.78	808.69	632.67	494.57	556.91
Long-Term Investments	0.6	0.6	0.44	36.84	48.96	49.82
Goodwill	299.65	299.65	519.77	519.77	519.77	520.25
Other Intangible Assets	50.88	52.2	54.38	57.31	61.39	62.14
Long-Term Deferred Tax Assets	10.7	10.25	50.01	44.91	34.3	27.71
Long-Term Deferred Charges	85.2	85.5	48.17	33.58	32.4	4.8
Other Long-Term Assets	380.52	399.67	248.39	268.82	344.38	143.26
Total Assets	3,046	3,161	3,578	3,403	3,135	2,878
Accounts Payable	666.12	705.44	573.72	480.1	498.67	436.73
Accrued Expenses	28.09	28.85	76.88	78.49	50.8	32.47
Short-Term Debt	530.94	519.67	423.14	371.09	278.71	195.39
Current Portion of Long-Term Debt	23.98	36.98	34.89	10.89	22	23.9
Current Portion of Leases	-	-	0.14	2.14	3.15	4.04
Current Income Taxes Payable	12.29	15.86	8.03	17.68	17.2	9.49
Current Unearned Revenue	284.15	322.07	44.06	26.66	83.72	131.63
Other Current Liabilities	126.97	104.57	21.82	37.67	40.06	46.22
Total Current Liabilities	1,673	1,733	1,183	1,025	994.31	879.86
Long-Term Debt	117.89	110.99	151.88	198.51	129.5	116.5
Long-Term Leases	1.19	1.52	0.2	3.4	6.46	7.38
Long-Term Unearned Revenue	7.93	7.99	8.26	8.52	8.79	9.15
Long-Term Deferred Tax Liabilities	0.51	0.62	0.49	3.35	2.26	0.68
Total Liabilities	1,800	1,855	1,344	1,239	1,141	1,014
Common Stock	273.05	273.05	273.05	273.05	273.18	272.91
Additional Paid-In Capital	914.21	914.21	914.21	912.11	907.94	898.62
Retained Earnings	96.28	155.37	1,047	970.96	806.1	687.75
Treasury Stock	-	-	-	-7.03	-13.4	-16.34
Comprehensive Income & Other	-1.15	-2.11	-2.22	-1.98	-0.08	-0.71
Total Common Equity	1,282	1,341	2,232	2,147	1,974	1,842
Minority Interest	-36.3	-34.2	2.25	17.57	19.88	22.22
Shareholders' Equity	1,246	1,306	2,234	2,165	1,994	1,864
Total Liabilities & Equity	3,046	3,161	3,578	3,403	3,135	2,878
Total Debt	674.01	669.16	610.24	586.03	439.82	347.2
Net Cash (Debt)	-535.08	-413.81	-246.45	-326.05	-211.36	-85.76
Net Cash Per Share	-1.92	-1.52	-0.92	-1.21	-0.78	-0.32
Filing Date Shares Outstanding	273.1	273.2	273.05	264.76	278.86	257.14
Total Common Shares Outstanding	273.1	273.2	273.05	264.76	278.86	257.14
Working Capital	-242.86	-213.2	665.31	784.56	604.85	633.28
Book Value Per Share	4.70	4.91	8.17	8.11	7.08	7.16
Tangible Book Value	931.86	988.68	1,658	1,570	1,393	1,260
Tangible Book Value Per Share	3.41	3.62	6.07	5.93	4.99	4.90
Buildings	-	-	693.3	356.33	281.53	185.1
Machinery	-	-	192.45	112.83	110.12	88.11
Construction In Progress	24.07	-	51.05	262.06	180.06	346.5

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