SHE:300571 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	871.53	178.1	141.02	295.08	483.73	724
Cash & Short-Term Investments	871.53	178.1	141.02	295.08	483.73	724
Cash Growth	206.43%	26.29%	-52.21%	-39.00%	-33.18%	69.02%
Accounts Receivable	1,013	1,040	1,516	1,924	2,487	2,505
Other Receivables	89.58	73.92	89.85	136.51	72.53	88.26
Receivables	1,102	1,114	1,605	2,060	2,560	2,594
Inventory	208.45	203.16	592.76	321.99	386.32	312.46
Other Current Assets	425.31	325.6	200.46	223.35	121.1	123.87
Total Current Assets	2,608	1,821	2,540	2,901	3,551	3,754
Property, Plant & Equipment	1,894	1,986	355.54	223.21	143.51	66.62
Long-Term Investments	138.48	128.6	148.05	159.48	202.4	178.75
Goodwill	5.47	5.47	17.55	26.5	26.69	31.28
Other Intangible Assets	55.08	58.73	28.41	31.82	50.37	49.56
Long-Term Accounts Receivable	391.56	235.6	336.89	-	-	-
Long-Term Deferred Tax Assets	80.4	80.32	69.4	43.54	40.2	29.65
Long-Term Deferred Charges	0.54	5.6	7.76	0.26	0.81	1.31
Other Long-Term Assets	221.29	157.08	52.58	93.05	14.11	13.96
Total Assets	5,394	4,479	3,556	3,478	4,029	4,125
Accounts Payable	560.64	337.42	226.93	412	724.31	810.17
Accrued Expenses	126.69	79.28	81.12	161.45	174.72	188.08
Short-Term Debt	1,298	1,210	1,038	817.84	1,148	1,048
Current Portion of Long-Term Debt	498.21	241.62	292.48	249.33	46.3	87.28
Current Portion of Leases	-	295.98	62.53	-	4.85	7.65
Current Income Taxes Payable	-	1.23	1.55	10.42	20.28	47.29
Current Unearned Revenue	9.54	5.59	8.22	21.68	5.36	9.76
Other Current Liabilities	7.06	14.44	16.95	12.62	84.65	166.5
Total Current Liabilities	2,500	2,186	1,728	1,685	2,208	2,364
Long-Term Debt	392.02	193.07	248.6	218.44	211.53	218.1
Long-Term Leases	1,252	853.43	110.96	-	-	5.2
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.64
Other Long-Term Liabilities	13.49	13.49	19.4	1.12	1.03	0.95
Total Liabilities	4,157	3,246	2,107	1,905	2,421	2,590
Common Stock	139.53	139.53	139.53	139.53	139.53	139.69
Additional Paid-In Capital	545.15	545.15	545.15	552.47	553.2	558.37
Retained Earnings	563.36	558.47	758.9	874.95	915.38	802.34
Treasury Stock	-	-	-	-	-	-4.71
Comprehensive Income & Other	-13.86	-13.86	2.04	12.47	6.21	9.75
Total Common Equity	1,234	1,229	1,446	1,579	1,614	1,505
Minority Interest	3.11	3.71	3.13	-5.9	-6.14	29.41
Shareholders' Equity	1,237	1,233	1,449	1,574	1,608	1,535
Total Liabilities & Equity	5,394	4,479	3,556	3,478	4,029	4,125
Total Debt	3,440	2,794	1,753	1,286	1,411	1,366
Net Cash (Debt)	-2,568	-2,616	-1,612	-990.54	-926.87	-641.88
Net Cash Per Share	-17.47	-18.80	-11.53	-7.15	-6.66	-5.16
Filing Date Shares Outstanding	139.53	139.53	139.53	139.53	139.53	123.29
Total Common Shares Outstanding	139.53	139.53	139.53	139.53	139.53	123.29
Working Capital	107.91	-364.73	811.55	1,215	1,343	1,390
Book Value Per Share	8.85	8.81	10.36	11.32	11.57	12.21
Tangible Book Value	1,174	1,165	1,400	1,521	1,537	1,425
Tangible Book Value Per Share	8.41	8.35	10.03	10.90	11.02	11.56
Buildings	-	163.73	159.16	47.95	47.95	47.95
Machinery	-	1,652	245.65	44.09	42.72	38.92
Construction In Progress	-	417.56	0.31	175.65	86.48	-