SHE:300571 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	141.02	295.08	483.73	724
Cash & Short-Term Investments	195.24	141.02	295.08	483.73	724
Cash Growth	38.44%	-52.21%	-39.00%	-33.18%	69.02%
Accounts Receivable	-	1,516	1,924	2,487	2,505
Other Receivables	-	89.85	136.51	72.53	88.26
Receivables	-	1,605	2,060	2,560	2,594
Inventory	-	592.76	321.99	386.32	312.46
Other Current Assets	-	200.46	223.35	121.1	123.87
Total Current Assets	-	2,540	2,901	3,551	3,754
Property, Plant & Equipment	-	355.54	223.21	143.51	66.62
Long-Term Investments	-	148.05	159.48	202.4	178.75
Goodwill	-	17.55	26.5	26.69	31.28
Other Intangible Assets	-	28.41	31.82	50.37	49.56
Long-Term Accounts Receivable	-	336.89	-	-	-
Long-Term Deferred Tax Assets	-	69.4	43.54	40.2	29.65
Long-Term Deferred Charges	-	7.76	0.26	0.81	1.31
Other Long-Term Assets	-	52.58	93.05	14.11	13.96
Total Assets	-	3,556	3,478	4,029	4,125
Accounts Payable	-	226.93	412	724.31	810.17
Accrued Expenses	-	81.12	161.45	174.72	188.08
Short-Term Debt	-	1,038	817.84	1,148	1,048
Current Portion of Long-Term Debt	-	292.48	249.33	46.3	87.28
Current Portion of Leases	-	62.53	-	4.85	7.65
Current Income Taxes Payable	-	1.55	10.42	20.28	47.29
Current Unearned Revenue	-	8.22	21.68	5.36	9.76
Other Current Liabilities	-	16.95	12.62	84.65	166.5
Total Current Liabilities	-	1,728	1,685	2,208	2,364
Long-Term Debt	-	248.6	218.44	211.53	218.1
Long-Term Leases	-	110.96	-	-	5.2
Long-Term Deferred Tax Liabilities	-	-	-	-	1.64
Other Long-Term Liabilities	-	19.4	1.12	1.03	0.95
Total Liabilities	-	2,107	1,905	2,421	2,590
Common Stock	-	139.53	139.53	139.53	139.69
Additional Paid-In Capital	-	545.15	552.47	553.2	558.37
Retained Earnings	-	758.9	874.95	915.38	802.34
Treasury Stock	-	-	-	-	-4.71
Comprehensive Income & Other	-	2.04	12.47	6.21	9.75
Total Common Equity	1,453	1,446	1,579	1,614	1,505
Minority Interest	-	3.13	-5.9	-6.14	29.41
Shareholders' Equity	1,456	1,449	1,574	1,608	1,535
Total Liabilities & Equity	-	3,556	3,478	4,029	4,125
Total Debt	2,739	1,753	1,286	1,411	1,366
Net Cash (Debt)	-2,543	-1,612	-990.54	-926.87	-641.88
Net Cash Per Share	-18.27	-11.53	-7.15	-6.66	-5.16
Filing Date Shares Outstanding	110.82	139.53	139.53	139.53	123.29
Total Common Shares Outstanding	110.82	139.53	139.53	139.53	123.29
Working Capital	-	811.55	1,215	1,343	1,390
Book Value Per Share	10.41	10.36	11.32	11.57	12.21
Tangible Book Value	1,373	1,400	1,521	1,537	1,425
Tangible Book Value Per Share	9.84	10.03	10.90	11.02	11.56
Buildings	-	159.16	47.95	47.95	47.95
Machinery	-	245.65	44.09	42.72	38.92
Construction In Progress	-	0.31	175.65	86.48	-

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