SHE:300510 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	206.25	-	253.3	387.04	262.09	287.21
Trading Asset Securities	-	-	-	22.77	-	-
Cash & Short-Term Investments	206.25	-	253.3	409.82	262.09	287.21
Cash Growth	-40.12%	-	-38.19%	56.36%	-8.74%	-47.03%
Accounts Receivable	590.13	-	874.59	1,062	1,049	831.43
Other Receivables	68.44	-	28.83	71.84	80.53	579.68
Receivables	658.57	-	903.41	1,134	1,129	1,411
Inventory	214.2	-	290.86	261.33	235.37	195.31
Other Current Assets	167.77	-	214.06	518.36	186.76	118.17
Total Current Assets	1,247	-	1,662	2,324	1,814	2,012
Property, Plant & Equipment	374.71	-	439.84	474.16	444.83	462.5
Long-Term Investments	276.61	-	308.33	287.04	487.59	247.58
Goodwill	364.71	-	489.08	558.82	558.82	558.82
Other Intangible Assets	46.87	-	50.4	35.84	34.57	35.11
Long-Term Deferred Tax Assets	89.4	-	84.79	56.9	55.28	42.71
Long-Term Deferred Charges	2.52	-	8.41	11.86	1.91	1.38
Other Long-Term Assets	292.81	-	303.69	101.04	91.29	22.18
Total Assets	2,694	-	3,346	3,849	3,488	3,382
Accounts Payable	360.88	-	390.58	378.91	349.01	375.53
Accrued Expenses	9.05	-	5.52	15.02	12.01	48.04
Short-Term Debt	159.62	-	351.02	302.91	243.75	176.1
Current Portion of Long-Term Debt	75.42	-	33.73	142.58	37	70
Current Portion of Leases	-	-	4.88	-	-	-
Current Income Taxes Payable	1	-	-	0.01	0.88	1.53
Current Unearned Revenue	26.75	-	39.41	25.29	8.93	11.2
Other Current Liabilities	33.7	-	72.14	68.07	65.48	14.06
Total Current Liabilities	666.42	-	897.29	932.78	717.06	696.46
Long-Term Debt	60.43	-	95.45	170.35	42.6	7.51
Long-Term Leases	16.26	-	9.63	14.41	14.93	9.74
Long-Term Unearned Revenue	27.6	-	44.44	53.97	52.45	56.86
Long-Term Deferred Tax Liabilities	4.84	-	4.08	2.97	3.15	-
Total Liabilities	775.55	-	1,051	1,174	830.2	770.57
Common Stock	824.69	-	824.69	828.62	828.62	828.62
Additional Paid-In Capital	2,407	-	2,407	2,426	2,426	2,433
Retained Earnings	-1,234	-	-877.74	-544.74	-570.25	-618.42
Comprehensive Income & Other	-80.32	-	-66.75	-50.46	-37.78	-25.96
Total Common Equity	1,917	-	2,287	2,659	2,646	2,617
Minority Interest	1.53	-	8.11	15.57	11.2	-5.49
Shareholders' Equity	1,919	-	2,295	2,675	2,658	2,612
Total Liabilities & Equity	2,694	-	3,346	3,849	3,488	3,382
Total Debt	311.73	-	494.71	630.25	338.28	263.35
Net Cash (Debt)	-105.48	-	-241.41	-220.43	-76.19	23.86
Net Cash Growth	-	-	-	-	-	-92.96%
Net Cash Per Share	-0.13	-	-0.29	-0.27	-0.09	0.03
Filing Date Shares Outstanding	823.79	823.72	824.69	828.62	828.62	828.62
Total Common Shares Outstanding	823.79	823.72	824.69	828.62	828.62	828.62
Working Capital	580.37	-	764.36	1,391	1,096	1,315
Book Value Per Share	2.33	-	2.77	3.21	3.19	3.16
Tangible Book Value	1,506	-	1,748	2,065	2,053	2,023
Tangible Book Value Per Share	1.83	-	2.12	2.49	2.48	2.44
Buildings	-	-	325.06	300.17	300.17	300.17
Machinery	-	-	410.53	399.34	379.75	358.72
Construction In Progress	-	-	24.01	82.14	21.7	17.25

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