SHE:300543 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	392.4	439.63	523.1	600.9	475.05	349.68
Short-Term Investments	-	-	52.68	99.77	10.71	10.36
Trading Asset Securities	-	-	-	-	150.48	200.5
Cash & Short-Term Investments	392.4	439.63	575.78	700.66	636.24	560.54
Cash Growth	-19.49%	-23.65%	-17.82%	10.13%	13.50%	-9.20%
Accounts Receivable	311.86	379.15	437.95	324.16	397.82	563.94
Other Receivables	12.37	13.45	11.59	10.79	20.1	15.32
Receivables	324.22	392.6	449.54	334.96	417.92	579.25
Inventory	393.45	301.98	312.37	269.34	354.47	594.58
Other Current Assets	70.66	80.2	30.95	31.48	12.2	24.15
Total Current Assets	1,181	1,214	1,369	1,336	1,421	1,759
Property, Plant & Equipment	621.49	619.28	543.03	416.41	353.01	242.59
Long-Term Investments	44.22	44.22	56.52	69.77	87.12	109.98
Other Intangible Assets	155.41	159.01	160.05	167.86	99.89	101.85
Long-Term Deferred Tax Assets	16.46	23.09	24.3	34.46	34.87	15.47
Long-Term Deferred Charges	3.42	5.27	10.68	10.74	16.41	19.37
Other Long-Term Assets	13.36	13.51	24.65	15.58	87.68	17.09
Total Assets	2,035	2,079	2,188	2,051	2,100	2,265
Accounts Payable	465.28	456.19	538.02	419.06	464.22	653.87
Accrued Expenses	26.38	44.62	61.5	46.35	60.22	67.76
Short-Term Debt	60	80	30	30	-	66.76
Current Portion of Long-Term Debt	6.64	7.64	-	-	-	-
Current Portion of Leases	-	-	9.48	16.63	17.8	15.03
Current Income Taxes Payable	5.03	13.74	16.54	16.05	15.29	7.83
Current Unearned Revenue	7.54	13.3	13.64	10.23	18.25	18.23
Other Current Liabilities	26.99	26.25	23.37	30.26	53.47	69.77
Total Current Liabilities	597.84	641.74	692.55	568.58	629.25	899.25
Long-Term Debt	-	-	347.02	328.36	308.51	290.63
Long-Term Leases	2.44	2.88	12.57	32.35	46.9	41.38
Long-Term Unearned Revenue	13.69	10.89	9.03	8.28	4.76	0.43
Long-Term Deferred Tax Liabilities	-	-	-	10.72	14.28	-
Other Long-Term Liabilities	-	-	-	2.23	-	-
Total Liabilities	613.97	655.51	1,061	950.51	1,004	1,232
Common Stock	306.37	306.37	268.14	268.13	268.13	268.17
Additional Paid-In Capital	561.87	561.87	151.32	151.18	151.18	149.72
Retained Earnings	647.04	651.14	672.52	634.2	614.24	539.78
Treasury Stock	-	-	-	-	-5.71	-6
Comprehensive Income & Other	-101.03	-102.76	29.8	45.81	68.01	78.61
Total Common Equity	1,414	1,417	1,122	1,099	1,096	1,030
Minority Interest	6.87	6.66	4.92	1.43	0.28	2.92
Shareholders' Equity	1,421	1,423	1,127	1,101	1,096	1,033
Total Liabilities & Equity	2,035	2,079	2,188	2,051	2,100	2,265
Total Debt	69.08	90.52	399.07	407.35	373.2	413.8
Net Cash (Debt)	323.32	349.11	176.71	293.32	263.04	146.74
Net Cash Growth	-14.31%	97.56%	-39.76%	11.51%	79.26%	-76.23%
Net Cash Per Share	1.03	1.14	0.65	1.10	0.99	0.55
Filing Date Shares Outstanding	306.3	355.67	268.14	268.13	259.41	265.42
Total Common Shares Outstanding	306.3	355.67	268.14	268.13	259.41	265.42
Working Capital	582.89	572.68	676.1	767.86	791.59	859.28
Book Value Per Share	4.62	3.98	4.18	4.10	4.22	3.88
Tangible Book Value	1,259	1,258	961.73	931.47	995.96	928.42
Tangible Book Value Per Share	4.11	3.54	3.59	3.47	3.84	3.50
Buildings	-	-	236.75	127.55	127.55	127.55
Machinery	-	-	229.9	206.02	201.29	169.73
Construction In Progress	-	-	241.93	199.24	101.93	1.7

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