SHE:300507 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	252.5	280.6	274.42	95.17	172.4	298.69
Short-Term Investments	-	-	404.25	662.91	278.39	236.52
Trading Asset Securities	473.45	507.48	438.09	481.46	946.42	617
Cash & Short-Term Investments	725.96	788.08	1,117	1,240	1,397	1,152
Cash Growth	2.87%	-29.43%	-9.91%	-11.28%	21.26%	102.34%
Accounts Receivable	1,246	1,272	1,543	561.89	396.75	389.09
Other Receivables	31.15	25.37	36.84	25.9	23.4	13.85
Receivables	1,277	1,298	1,580	587.79	420.15	402.94
Inventory	288.75	271.34	265.72	159.55	168.27	141.57
Prepaid Expenses	-	-	0.02	-	0.01	0.01
Other Current Assets	434.48	557.92	67.97	32.07	49.69	41.69
Total Current Assets	2,726	2,915	3,030	2,019	2,035	1,738
Property, Plant & Equipment	690.07	699.28	689.11	379.23	262.36	234.7
Long-Term Investments	164.96	162.88	191.66	391.98	108.11	71.42
Goodwill	27.26	27.26	27.26	0.06	0.06	21.14
Other Intangible Assets	85.33	86.82	96.33	34.83	34.21	36.94
Long-Term Deferred Tax Assets	2.21	13.15	42.24	23.04	14.74	10.52
Long-Term Deferred Charges	5.14	2.47	1.83	0.04	0.29	0.76
Other Long-Term Assets	73.16	100.86	24.69	23.96	14.81	18.13
Total Assets	3,774	4,008	4,104	2,872	2,470	2,132
Accounts Payable	787.87	968.71	1,153	233.28	160.03	162.87
Accrued Expenses	10.22	27.45	31.27	16.57	16.07	15.14
Short-Term Debt	265	334.33	314.33	283.89	160.35	150.12
Current Portion of Long-Term Debt	9.94	15.03	-	57.2	-	-
Current Portion of Leases	-	-	8.61	8.57	4.18	1.84
Current Income Taxes Payable	7.82	7.12	14.34	10.14	53.54	9.04
Current Unearned Revenue	11.13	10.47	4.13	2.42	1.2	1.97
Other Current Liabilities	38.65	19.77	24.99	10.28	3.74	1.64
Total Current Liabilities	1,131	1,383	1,551	622.36	399.1	342.6
Long-Term Debt	25.05	19.76	31	74.8	-	-
Long-Term Leases	14.15	12.67	15.72	13.93	8.5	4.93
Long-Term Unearned Revenue	57.06	59.87	62.64	49.26	39.22	24.45
Long-Term Deferred Tax Liabilities	5.96	14.89	38.19	25.13	18.37	10.24
Other Long-Term Liabilities	10.06	9.49	10.3	1.33	-	-
Total Liabilities	1,243	1,500	1,709	786.8	465.19	382.23
Common Stock	800.65	800.65	796.55	791.53	791.53	494.71
Additional Paid-In Capital	198.1	198.1	186.46	168.2	144.6	439.94
Retained Earnings	1,160	1,147	1,075	984.75	955.86	708.28
Treasury Stock	-	-	-	-	-	-0.3
Comprehensive Income & Other	7.28	7.08	1.66	1	-1.73	-2.17
Total Common Equity	2,166	2,153	2,060	1,945	1,890	1,640
Minority Interest	365.18	355.33	334.89	139.81	114.49	109.32
Shareholders' Equity	2,531	2,508	2,395	2,085	2,005	1,750
Total Liabilities & Equity	3,774	4,008	4,104	2,872	2,470	2,132
Total Debt	314.15	381.79	369.66	438.39	173.02	156.89
Net Cash (Debt)	411.81	406.29	747.09	801.15	1,224	995.33
Net Cash Growth	40.27%	-45.62%	-6.75%	-34.56%	22.99%	88.42%
Net Cash Per Share	0.53	0.51	0.92	1.03	1.55	1.42
Filing Date Shares Outstanding	651.37	848.45	796.55	791.53	791.53	791.53
Total Common Shares Outstanding	651.37	848.45	796.55	791.53	791.53	791.53
Working Capital	1,595	1,532	1,479	1,397	1,636	1,396
Book Value Per Share	3.33	2.54	2.59	2.46	2.39	2.07
Tangible Book Value	2,053	2,039	1,936	1,911	1,856	1,582
Tangible Book Value Per Share	3.15	2.40	2.43	2.41	2.34	2.00
Buildings	-	-	302.49	143.19	82.2	82.2
Machinery	-	-	639.61	362.99	302.45	276.37
Construction In Progress	-	-	62.07	60.25	39.98	17.32

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.