SHE:300620 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,132	1,008	906.8	387.05	515.17	641.83
Trading Asset Securities	135.58	235.63	41.09	-	50.2	130
Cash & Short-Term Investments	1,267	1,244	947.89	387.05	565.38	771.83
Cash Growth	22.24%	31.22%	144.90%	-31.54%	-26.75%	-13.72%
Accounts Receivable	546.67	549.13	409.08	330.69	267.32	244.6
Other Receivables	7.8	31.33	31.47	19.99	12.96	8.11
Receivables	554.47	580.46	440.55	350.69	280.28	252.7
Inventory	441.86	361.42	268.35	232.69	241.2	179.64
Other Current Assets	105.69	22.91	10.96	14.12	20.74	11.38
Total Current Assets	2,369	2,209	1,668	984.55	1,108	1,216
Property, Plant & Equipment	873.93	883.73	761.11	697.7	621.74	363.65
Long-Term Investments	35.81	35.81	10	10	-	-
Goodwill	232.35	232.35	232.35	109.86	109.86	109.86
Other Intangible Assets	168.15	174.8	162.73	111.34	35.57	35.79
Long-Term Deferred Tax Assets	113.22	110.94	69.11	45.89	34.87	11.69
Long-Term Deferred Charges	29.72	31.4	15.04	4.23	3.4	1.96
Other Long-Term Assets	43.86	29.48	33.6	37.16	48.83	29.35
Total Assets	3,866	3,707	2,952	2,001	1,962	1,768
Accounts Payable	307.74	291	172.78	105.06	144.25	62.37
Accrued Expenses	75.67	76.43	67.17	34.64	38.98	39.22
Short-Term Debt	487.64	379.44	322.97	-	0.1	2.88
Current Portion of Long-Term Debt	-	65.26	15.21	-	-	-
Current Portion of Leases	-	6.05	3.97	3.73	3.66	3.83
Current Income Taxes Payable	-	17.76	8.13	2.43	1.37	4.87
Current Unearned Revenue	10.12	6.26	10.73	14.57	10.02	4.43
Other Current Liabilities	142.04	47.48	64.52	37.67	36.13	55.99
Total Current Liabilities	1,023	889.67	665.47	198.1	234.5	173.6
Long-Term Debt	403.77	410.08	162.31	-	-	-
Long-Term Leases	32.19	28.08	0.15	1.81	5.29	8.61
Long-Term Unearned Revenue	148.02	152.18	151.06	82.9	55.39	46.22
Long-Term Deferred Tax Liabilities	11.15	11.09	7.92	11.98	14.62	3.85
Other Long-Term Liabilities	5.48	5.52	3.17	2.59	1.96	2.04
Total Liabilities	1,624	1,497	990.07	297.38	311.76	234.32
Common Stock	249.18	249.18	249.18	245.31	164.08	164.06
Additional Paid-In Capital	1,180	1,169	1,128	960.3	1,051	1,038
Retained Earnings	732.3	687.56	535.81	493.74	466.88	381.89
Treasury Stock	-	-	-	-7.2	-30.75	-38.02
Comprehensive Income & Other	43.52	64.37	12.38	11.18	-1.02	-12.76
Total Common Equity	2,205	2,170	1,925	1,703	1,650	1,534
Minority Interest	37.68	40.13	36.43	-	-	-
Shareholders' Equity	2,242	2,210	1,962	1,703	1,650	1,534
Total Liabilities & Equity	3,866	3,707	2,952	2,001	1,962	1,768
Total Debt	923.6	888.91	504.61	5.54	9.05	15.33
Net Cash (Debt)	343.53	354.91	443.27	381.51	556.33	756.5
Net Cash Growth	-6.81%	-19.93%	16.19%	-31.42%	-26.46%	-15.44%
Net Cash Per Share	1.36	1.40	1.78	1.56	2.26	3.09
Filing Date Shares Outstanding	249.23	249.18	249.18	245.31	246.12	246.09
Total Common Shares Outstanding	249.23	249.18	249.18	245.31	246.12	246.09
Working Capital	1,346	1,319	1,002	786.45	873.09	1,042
Book Value Per Share	8.85	8.71	7.73	6.94	6.70	6.23
Tangible Book Value	1,804	1,763	1,530	1,482	1,505	1,388
Tangible Book Value Per Share	7.24	7.08	6.14	6.04	6.11	5.64
Buildings	-	433.33	253.29	253.29	202.32	119.69
Machinery	-	727.03	557.92	491.38	401.61	233.52
Construction In Progress	-	90.08	208.53	144.6	150.85	105.9

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