SHE:300576 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	238.78	237.82	347.6	376.59	129.1	93.15
Trading Asset Securities	125	169	20	82	-	-
Cash & Short-Term Investments	363.78	406.82	367.6	458.59	129.1	93.15
Cash Growth	-25.41%	10.67%	-19.84%	255.23%	38.59%	30.80%
Accounts Receivable	660.95	634.04	588.68	513.89	542	566.21
Other Receivables	0.28	0.29	32.73	16.91	1.59	1.02
Receivables	661.23	634.33	621.41	530.79	543.59	567.24
Inventory	163.93	157.4	133.03	120.16	123.72	128.71
Other Current Assets	65.07	60.78	6.2	4.62	19.77	18.94
Total Current Assets	1,254	1,259	1,128	1,114	816.17	808.03
Property, Plant & Equipment	660.95	615.1	509.02	310.75	151.78	160.65
Long-Term Investments	-	-	1.89	6.37	28.29	31.17
Goodwill	128.12	128.12	128.12	128.12	132.36	132.36
Other Intangible Assets	56.19	57.51	45.2	47.22	42.93	24.7
Long-Term Deferred Tax Assets	10.66	10.22	9.56	9.24	10.96	8.31
Long-Term Deferred Charges	4.2	4.4	3.45	5.22	6.67	5.28
Other Long-Term Assets	10.75	17.87	27.29	21.7	2.91	3.86
Total Assets	2,125	2,093	1,853	1,643	1,192	1,174
Accounts Payable	297.63	285.37	406.84	325.1	342.48	389.87
Accrued Expenses	20.27	29.92	39.1	32.84	24.7	20.55
Short-Term Debt	-	-	-	-	-	11
Current Portion of Long-Term Debt	2.63	2.59	-	-	-	-
Current Portion of Leases	-	-	3.43	3.29	1.78	2.47
Current Income Taxes Payable	18.17	18.05	6.46	3.17	4.58	2.46
Current Unearned Revenue	0.94	1.32	1.05	0.98	1.03	0.84
Other Current Liabilities	21.52	19.1	8.35	4.77	2.11	4.28
Total Current Liabilities	361.16	356.34	465.23	370.15	376.68	431.47
Long-Term Debt	-	-	-	-	-	109.66
Long-Term Leases	3.61	4.28	7.44	10.31	4.77	6.17
Long-Term Unearned Revenue	9.64	9.96	11.14	10.31	11	8.81
Pension & Post-Retirement Benefits	-	-	-	-	23.71	8.5
Long-Term Deferred Tax Liabilities	0.89	0.67	0.81	0.95	1.11	1.26
Total Liabilities	375.29	371.25	484.62	391.73	417.26	565.86
Common Stock	366.37	366.37	295.71	246.42	213.45	188.1
Additional Paid-In Capital	749.44	746.97	559.67	596.16	226.88	110.04
Retained Earnings	624.5	597.65	505.97	402.09	327.31	283.3
Comprehensive Income & Other	0.42	1.16	-	-	-	19.82
Total Common Equity	1,741	1,712	1,361	1,245	767.64	601.27
Minority Interest	8.85	9.15	6.82	6.37	7.17	7.23
Shareholders' Equity	1,750	1,721	1,368	1,251	774.81	608.5
Total Liabilities & Equity	2,125	2,093	1,853	1,643	1,192	1,174
Total Debt	6.24	6.88	10.87	13.61	6.54	129.3
Net Cash (Debt)	357.54	399.94	356.73	444.98	122.55	-36.15
Net Cash Growth	-25.10%	12.12%	-19.83%	263.09%	-	-
Net Cash Per Share	0.97	1.08	1.00	1.54	0.37	-0.11
Filing Date Shares Outstanding	366.29	377.66	365.71	354.85	338.11	338.11
Total Common Shares Outstanding	366.29	377.66	354.85	354.85	338.11	327.75
Working Capital	892.85	902.98	663.01	744.02	439.5	376.57
Book Value Per Share	4.75	4.53	3.84	3.51	2.27	1.83
Tangible Book Value	1,556	1,527	1,188	1,069	592.35	444.21
Tangible Book Value Per Share	4.25	4.04	3.35	3.01	1.75	1.36
Buildings	-	-	113.1	113	113	112.4
Machinery	-	-	136.55	108.83	107.36	101.49
Construction In Progress	-	-	357.46	169.75	5.59	4.18

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