SHE:300619 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	916.68	554.53	539.28	1,055	471.61	171.42
Cash & Short-Term Investments	916.68	554.53	539.28	1,055	471.61	171.42
Cash Growth	42.99%	2.83%	-48.87%	123.65%	175.12%	8.85%
Accounts Receivable	1,274	1,407	1,174	1,121	808.27	556
Other Receivables	11.76	11.5	7.16	28.06	17.44	18.92
Receivables	1,285	1,418	1,182	1,149	825.71	574.92
Inventory	1,050	762.72	595.4	709.54	674.82	463
Prepaid Expenses	-	-	3.07	0	-	0.02
Other Current Assets	124.65	88.28	185.86	122.55	146.79	116.04
Total Current Assets	3,376	2,824	2,505	3,036	2,119	1,325
Property, Plant & Equipment	1,584	1,519	1,418	1,245	793.73	618.43
Long-Term Investments	2.79	3	3.48	3.1	3.41	-
Other Intangible Assets	122.24	123.66	129.12	134.31	140.24	146.04
Long-Term Deferred Tax Assets	79.97	74.99	51.18	46.66	24.25	18.24
Long-Term Deferred Charges	14.75	15.44	18.14	17.89	9.54	3.49
Other Long-Term Assets	78.66	81.76	81.45	122.03	129.62	24.8
Total Assets	5,259	4,641	4,207	4,605	3,220	2,136
Accounts Payable	885.99	886.7	603.71	759.22	758.51	387.73
Accrued Expenses	19.33	20.76	35.64	34.29	47.24	36.05
Short-Term Debt	926.41	1,051	1,213	1,012	335.67	291.82
Current Portion of Long-Term Debt	296.85	322.89	144.15	279.62	234.61	116.95
Current Portion of Leases	-	-	5.93	2.37	0.8	0.64
Current Income Taxes Payable	9.85	31.39	0.01	13.11	15.04	2.93
Current Unearned Revenue	322.35	124.47	133.09	450.21	600.12	277.48
Other Current Liabilities	151.98	113.79	11.34	28.79	75.35	36.14
Total Current Liabilities	2,613	2,551	2,147	2,580	2,067	1,150
Long-Term Debt	759.67	222.19	347.92	217.84	147.93	226.72
Long-Term Leases	8.34	8.74	7.9	9.78	1.55	1.55
Long-Term Unearned Revenue	23.01	23.78	25.1	28.42	29.29	27.25
Long-Term Deferred Tax Liabilities	2.77	2.56	2.4	16.56	0.69	0.45
Other Long-Term Liabilities	152.71	122.2	16.69	34.32	23.55	12.64
Total Liabilities	3,559	2,931	2,547	2,887	2,270	1,418
Common Stock	174	174	133.85	102.96	88.66	84.66
Additional Paid-In Capital	1,091	1,089	1,111	1,149	496.16	351.97
Retained Earnings	310.56	325.04	305.81	414.64	328.05	264.95
Comprehensive Income & Other	4.14	3.68	3.13	0.48	0.18	16.49
Total Common Equity	1,579	1,591	1,554	1,667	913.04	718.08
Minority Interest	120.33	119.35	106.26	51.46	36.34	-
Shareholders' Equity	1,700	1,711	1,660	1,718	949.38	718.08
Total Liabilities & Equity	5,259	4,641	4,207	4,605	3,220	2,136
Total Debt	1,991	1,605	1,719	1,522	720.55	637.66
Net Cash (Debt)	-1,075	-1,051	-1,179	-467.08	-248.94	-466.24
Net Cash Per Share	-6.17	-6.04	-6.78	-3.09	-1.67	-3.66
Filing Date Shares Outstanding	174.08	173.91	174	174	149.83	143.08
Total Common Shares Outstanding	174.08	173.91	174	174	149.83	143.08
Working Capital	763.66	272.46	358.53	456.24	51.59	175.67
Book Value Per Share	9.07	9.15	8.93	9.58	6.09	5.02
Tangible Book Value	1,457	1,468	1,425	1,533	772.8	572.03
Tangible Book Value Per Share	8.37	8.44	8.19	8.81	5.16	4.00
Buildings	-	-	415.77	403.67	380.19	305.83
Machinery	-	-	1,094	851.73	447.65	387.96
Construction In Progress	-	-	249.24	222.8	142.14	46.77

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