SHE:300497 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	471.51	482.98	695.35	729.37	978.03	1,272
Trading Asset Securities	0.82	0.95	2.19	2.19	49.74	150.76
Cash & Short-Term Investments	472.32	483.93	697.54	731.56	1,028	1,423
Cash Growth	-26.51%	-30.62%	-4.65%	-28.82%	-27.79%	-15.88%
Accounts Receivable	619.32	533.29	498.16	572.92	552.49	376.21
Other Receivables	30.64	25.45	53.85	128.31	78.21	80.01
Receivables	649.96	558.74	552.01	701.23	630.71	456.22
Inventory	381.66	379.93	421.05	434.68	553.69	416.15
Other Current Assets	45.26	38.74	10.42	9.97	17.11	15.97
Total Current Assets	1,549	1,461	1,681	1,877	2,229	2,312
Property, Plant & Equipment	2,276	2,290	2,267	2,331	2,201	1,857
Long-Term Investments	271.31	271.31	255.9	271.27	271.42	133.02
Goodwill	-	-	-	-	1.15	2.22
Other Intangible Assets	285.64	287.85	235	241.07	249.71	256.32
Long-Term Deferred Tax Assets	35.04	34.8	37.26	29.37	28.49	27.54
Other Long-Term Assets	62.57	59.69	60.95	69.13	78.79	90.82
Total Assets	4,479	4,405	4,537	4,819	5,060	4,678
Accounts Payable	322.47	348.04	603.37	581.93	656.67	517.05
Accrued Expenses	13.22	19.06	44.05	44.52	42.4	51.97
Short-Term Debt	731.5	571.5	556.4	549.83	366.74	615.18
Current Portion of Long-Term Debt	69.34	270.02	311.78	78.78	7.96	33.5
Current Income Taxes Payable	13.87	7.11	0.05	0.82	8.71	13.89
Current Unearned Revenue	3.75	2.03	2.72	3.4	1.42	1.82
Other Current Liabilities	115.66	51.5	25.46	26.32	174.96	126.56
Total Current Liabilities	1,270	1,269	1,544	1,286	1,259	1,360
Long-Term Debt	815.44	809.46	736.48	998.26	1,043	353
Long-Term Unearned Revenue	123.21	123.97	77.67	62.39	62.03	50.3
Long-Term Deferred Tax Liabilities	1.84	1.86	1.96	2.05	6.27	3.92
Total Liabilities	2,210	2,205	2,360	2,348	2,370	1,767
Common Stock	538.65	538.65	550	550	550	550
Additional Paid-In Capital	1,249	1,247	1,381	1,414	1,408	1,406
Retained Earnings	414.95	353.75	408.78	680.88	881.68	1,023
Treasury Stock	-	-	-174.86	-174.86	-174.86	-105.11
Comprehensive Income & Other	44.59	44.33	15.45	14.3	16.89	6.08
Total Common Equity	2,247	2,184	2,180	2,485	2,681	2,880
Minority Interest	22.23	16.38	-3.54	-14.06	8.4	31.1
Shareholders' Equity	2,269	2,200	2,177	2,471	2,690	2,911
Total Liabilities & Equity	4,479	4,405	4,537	4,819	5,060	4,678
Total Debt	1,616	1,651	1,605	1,627	1,418	1,002
Net Cash (Debt)	-1,144	-1,167	-907.13	-895.31	-389.97	421.54
Net Cash Growth	-	-	-	-	-	-66.26%
Net Cash Per Share	-2.10	-2.12	-1.70	-1.65	-0.72	0.78
Filing Date Shares Outstanding	536.8	538.65	538.65	538.65	538.65	538.65
Total Common Shares Outstanding	536.8	538.65	538.65	538.65	538.65	543.13
Working Capital	279.4	192.09	137.2	591.84	970.42	951.59
Book Value Per Share	4.19	4.05	4.05	4.61	4.98	5.30
Tangible Book Value	1,961	1,896	1,945	2,244	2,430	2,622
Tangible Book Value Per Share	3.65	3.52	3.61	4.17	4.51	4.83
Buildings	-	-	936.67	836.72	712.09	471.86
Machinery	-	-	1,641	1,423	1,232	851.39
Construction In Progress	-	-	457.86	695.78	736.4	922.19

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