SHE:300460 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	Dec '21 Dec 31, 2021
Cash & Equivalents	50.7	118.78	54.65	76.8	47.47	110.41
Trading Asset Securities	-	-	-	-	0.37	-
Cash & Short-Term Investments	50.7	118.78	54.65	76.8	47.84	110.41
Cash Growth	-64.17%	117.36%	-28.84%	60.54%	-56.67%	164.21%
Accounts Receivable	176.07	226.34	220.59	190.4	268.89	260.99
Other Receivables	24.75	12.16	20.78	58.54	13.04	12.11
Receivables	200.82	238.5	241.38	248.94	281.92	273.1
Inventory	210.39	199.2	260	266.71	328.31	294.11
Restricted Cash	-	-	96.34	-	73.52	7.38
Other Current Assets	23.38	21.79	36.93	11.74	19.02	98.9
Total Current Assets	485.29	578.27	689.29	604.18	750.6	783.89
Property, Plant & Equipment	711.77	734.24	832.64	949.75	1,041	1,090
Long-Term Investments	-	-	4.44	6.21	0.11	0.37
Goodwill	-	-	-	4.13	4.13	7.35
Other Intangible Assets	46.39	48.14	47.14	51.84	48.56	56.13
Long-Term Deferred Tax Assets	70.42	70.42	87.17	89.54	63.89	14.54
Long-Term Deferred Charges	0.14	0.36	8.44	15.91	22.65	-
Other Long-Term Assets	5.35	5.35	0.81	0.35	3.61	44.81
Total Assets	1,319	1,437	1,670	1,722	1,935	1,997
Accounts Payable	139.28	109.56	156.96	130.38	114.71	70.71
Accrued Expenses	11.26	12.02	33.08	24.78	11.6	23.15
Short-Term Debt	133.99	232.61	244.13	243.55	365.88	232.09
Current Portion of Long-Term Debt	-	125.51	75.43	49.74	8.82	6.93
Current Portion of Leases	-	-	1.77	1.84	1.87	125.59
Current Income Taxes Payable	-	7.02	0.15	0.15	4.29	3.29
Current Unearned Revenue	1.64	0.54	0.25	3.85	0.84	0.75
Other Current Liabilities	224.4	124.07	90.56	104.03	146.1	104.47
Total Current Liabilities	510.58	611.33	602.32	558.31	654.11	566.98
Long-Term Debt	234.66	234.26	285.37	240.03	144.46	140.11
Long-Term Leases	8.31	8.37	2.26	2.64	1.29	49.3
Long-Term Unearned Revenue	54.44	56.16	54.07	46.95	40.44	32.09
Long-Term Deferred Tax Liabilities	19.58	19.58	23.57	28.28	33.34	3.11
Other Long-Term Liabilities	32.26	39.22	66.28	19.98	10.97	-
Total Liabilities	859.83	968.92	1,034	896.2	884.6	791.59
Common Stock	280.8	280.8	280.8	280.8	280.62	279
Additional Paid-In Capital	698.23	698.23	699.32	699.32	698.21	694.61
Retained Earnings	-519.54	-511.18	-344.71	-155.74	71.08	232.03
Comprehensive Income & Other	0.05	0.01	-	-	-	-
Total Common Equity	459.54	467.86	635.41	824.39	1,050	1,206
Minority Interest	-	-	0.65	1.32	-	-
Shareholders' Equity	459.54	467.86	636.07	825.71	1,050	1,206
Total Liabilities & Equity	1,319	1,437	1,670	1,722	1,935	1,997
Total Debt	376.97	600.75	608.95	537.8	522.31	554.02
Net Cash (Debt)	-326.26	-481.97	-554.3	-461	-474.47	-443.62
Net Cash Per Share	-	-1.71	-1.99	-1.64	-1.70	-1.69
Filing Date Shares Outstanding	-	286.24	280.8	280.8	280.62	279
Total Common Shares Outstanding	-	286.24	280.8	280.8	280.62	279
Working Capital	-25.29	-33.07	86.98	45.87	96.49	216.91
Book Value Per Share	-	1.63	2.26	2.94	3.74	4.32
Tangible Book Value	413.15	419.72	588.27	768.42	997.21	1,142
Tangible Book Value Per Share	-	1.47	2.09	2.74	3.55	4.09
Buildings	-	-	261.08	263.14	265.44	155.65
Machinery	-	-	1,437	1,453	1,481	1,335
Construction In Progress	-	-	38.37	39.95	39.64	243.4

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