SHE:300441 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	137.21	195.19	490.22	333.78	311.39	345.96
Cash & Short-Term Investments	137.21	195.19	490.22	333.78	311.39	345.96
Cash Growth	-65.11%	-60.19%	46.87%	7.19%	-9.99%	47.21%
Accounts Receivable	546.7	587	770.53	709.44	528.5	535.8
Other Receivables	104.78	103.07	155.03	13.14	123.8	25.01
Receivables	651.48	690.08	925.55	722.57	652.3	560.81
Inventory	877.91	845.77	777.55	915.94	684.29	613.65
Other Current Assets	108.89	92.89	18.57	20.81	36.75	43.63
Total Current Assets	1,775	1,824	2,212	1,993	1,685	1,564
Property, Plant & Equipment	1,644	1,643	947.98	1,281	1,150	1,269
Long-Term Investments	60.41	61.07	60.94	32.01	32.64	36.78
Goodwill	48.82	48.82	48.82	156.28	156.28	156.45
Other Intangible Assets	142.9	143.57	142.64	157.76	136.59	131.53
Long-Term Accounts Receivable	-	-	-	-	-	0.17
Long-Term Deferred Tax Assets	26.92	27.19	18.27	26.37	26.35	21.22
Long-Term Deferred Charges	8.07	6.67	7.06	10.57	12.46	19.23
Other Long-Term Assets	173.48	96.58	107.05	84.59	64.71	79.02
Total Assets	3,880	3,851	3,545	3,741	3,263	3,277
Accounts Payable	288.21	368.78	269.58	394.09	276.93	291.9
Accrued Expenses	23.49	37.79	48.25	101.21	79.83	79.21
Short-Term Debt	249.49	216.46	74.91	357.94	386.82	668.36
Current Portion of Long-Term Debt	50.48	61.02	0.04	89.72	106.52	82.1
Current Portion of Leases	-	-	1.6	7.35	8.44	8.24
Current Income Taxes Payable	20.26	25.43	104.43	17.51	11.4	9
Current Unearned Revenue	324.8	250.93	248.76	155.33	85.15	53.05
Other Current Liabilities	23.75	24.69	11.11	36.17	36.42	38.19
Total Current Liabilities	980.48	985.09	758.69	1,159	991.51	1,230
Long-Term Debt	120.02	107.98	53.59	71.43	57.46	10.02
Long-Term Leases	1.61	1.11	0.62	14.98	20.86	17.63
Long-Term Unearned Revenue	55.16	56.75	47.71	55.03	47.92	41.5
Long-Term Deferred Tax Liabilities	74.4	73.75	71.12	71.39	62.17	60.85
Other Long-Term Liabilities	0.28	1.41	1.9	9.89	9.95	10.17
Total Liabilities	1,232	1,226	933.61	1,382	1,190	1,370
Common Stock	644.42	644.42	644.42	652.26	657.19	657.19
Additional Paid-In Capital	461.31	461.31	462.83	510.87	557.31	447.72
Retained Earnings	1,425	1,405	1,405	714.75	466.74	453.68
Treasury Stock	-	-	-	-	-50.99	-50.99
Comprehensive Income & Other	-10.02	-10.02	-10.02	-8.74	-9.25	-0.81
Total Common Equity	2,521	2,501	2,502	1,869	1,621	1,507
Minority Interest	126.5	123.83	108.76	490.08	452.53	400.15
Shareholders' Equity	2,648	2,625	2,611	2,359	2,074	1,907
Total Liabilities & Equity	3,880	3,851	3,545	3,741	3,263	3,277
Total Debt	421.61	386.56	130.76	541.42	580.1	786.35
Net Cash (Debt)	-284.4	-191.38	359.47	-207.65	-268.71	-440.4
Net Cash Per Share	-0.44	-0.30	0.56	-0.32	-0.41	-0.71
Filing Date Shares Outstanding	671.55	650.16	644.42	652.26	652.26	652.26
Total Common Shares Outstanding	671.55	650.16	644.42	652.26	652.26	652.26
Working Capital	795.02	838.83	1,453	833.78	693.21	333.99
Book Value Per Share	3.75	3.85	3.88	2.87	2.49	2.31
Tangible Book Value	2,329	2,309	2,311	1,555	1,328	1,219
Tangible Book Value Per Share	3.47	3.55	3.59	2.38	2.04	1.87
Buildings	-	-	199.11	305.94	289.55	306.56
Machinery	-	-	1,083	1,670	1,435	1,517
Construction In Progress	-	-	231.25	98.34	78.73	66.02

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