SHE:300505 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	667.05	880.34	736.43	771.9	285.2	260
Trading Asset Securities	-	-	-	30.1	-	-
Cash & Short-Term Investments	667.05	880.34	736.43	801.99	285.2	260
Cash Growth	-12.16%	19.54%	-8.18%	181.20%	9.69%	-35.57%
Accounts Receivable	472.64	339.96	332.08	374.81	122.72	97.9
Other Receivables	18.55	27.87	20.59	35.18	12.75	2.25
Receivables	491.19	367.83	352.67	409.99	135.47	100.16
Inventory	953.08	856.73	678.19	468.36	851.82	396.73
Other Current Assets	218.02	106.33	45.63	81.83	73.71	97.33
Total Current Assets	2,329	2,211	1,813	1,762	1,346	854.21
Property, Plant & Equipment	1,565	1,570	1,577	1,552	1,495	1,342
Other Intangible Assets	216.9	186.98	166.58	169.11	153.07	91.85
Long-Term Deferred Tax Assets	4.07	3.02	0.84	23.23	0.66	0.48
Other Long-Term Assets	410.89	371.55	51.96	47.4	61.39	57.12
Total Assets	4,526	4,343	3,609	3,554	3,057	2,345
Accounts Payable	167.04	225.19	196.75	191.8	314.09	260.14
Accrued Expenses	18.7	47.77	35.04	30.36	32.98	23.18
Short-Term Debt	612.6	537.86	341.14	443.67	328.38	98.28
Current Portion of Long-Term Debt	-	120.26	227.71	74.09	121.66	27
Current Portion of Leases	-	9.52	0.03	0.03	0.02	0.58
Current Income Taxes Payable	9.03	27.05	6.77	3.24	10.23	14.48
Current Unearned Revenue	80.93	37.11	32.18	22.95	56.38	77.89
Other Current Liabilities	308.44	169.12	65.61	125.5	39.87	8.25
Total Current Liabilities	1,197	1,174	905.23	891.64	903.61	509.81
Long-Term Debt	128.05	78.06	102.12	210.75	263.84	278.37
Long-Term Leases	0.53	2.83	0.5	0.53	0.7	-
Long-Term Deferred Tax Liabilities	11.58	11.59	6.74	7.55	0.13	-
Other Long-Term Liabilities	111.36	75.52	-	-	-	-
Total Liabilities	1,448	1,342	1,015	1,110	1,168	788.18
Common Stock	274.87	274.87	274.87	274.87	224.69	149.79
Additional Paid-In Capital	1,282	1,282	1,282	1,282	663.49	738.38
Retained Earnings	1,397	1,356	984.4	838.58	930.04	612.96
Comprehensive Income & Other	-0.38	5.62	-0.53	3.29	0.1	0.79
Total Common Equity	2,953	2,918	2,541	2,399	1,818	1,502
Minority Interest	124.08	82.91	53.76	44.62	70.15	55.15
Shareholders' Equity	3,078	3,001	2,595	2,443	1,888	1,557
Total Liabilities & Equity	4,526	4,343	3,609	3,554	3,057	2,345
Total Debt	741.18	748.53	671.5	729.06	714.6	404.23
Net Cash (Debt)	-74.13	131.81	64.93	72.94	-429.4	-144.24
Net Cash Growth	-	103.00%	-10.97%	-	-	-
Net Cash Per Share	-0.27	0.48	0.24	0.30	-1.91	-0.72
Filing Date Shares Outstanding	274.87	274.87	274.87	274.87	224.69	224.69
Total Common Shares Outstanding	274.87	274.87	274.87	274.87	224.69	224.69
Working Capital	1,133	1,037	907.69	870.54	442.58	344.4
Book Value Per Share	10.75	10.62	9.24	8.73	8.09	6.68
Tangible Book Value	2,737	2,731	2,374	2,230	1,665	1,410
Tangible Book Value Per Share	9.96	9.94	8.64	8.11	7.41	6.28
Buildings	-	1,038	999.56	953.61	824.85	597.47
Machinery	-	1,231	1,174	1,169	992.3	872.37
Construction In Progress	-	205.87	186.81	72.92	194.53	280.02

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