SHE:300623 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	517.46	327.98	709.39	362.06	535.46	753.26
Short-Term Investments	-	11.07	-	-	-	-
Trading Asset Securities	-	-	20.03	521.91	896.57	1,330
Cash & Short-Term Investments	517.46	339.05	729.42	883.98	1,432	2,083
Cash Growth	-20.68%	-53.52%	-17.48%	-38.27%	-31.26%	89.24%
Accounts Receivable	1,504	1,136	921.27	484.44	672	607.97
Other Receivables	5.14	399.33	303.91	317.33	7.85	7
Receivables	1,509	1,535	1,225	801.78	679.85	614.97
Inventory	717.31	695.73	599.25	484.33	508.31	303.69
Other Current Assets	36.22	50.52	26.26	59.34	273.3	74.14
Total Current Assets	2,780	2,620	2,580	2,229	2,893	3,076
Property, Plant & Equipment	5,387	5,432	5,208	5,176	4,162	1,681
Long-Term Investments	2.68	2.82	2.84	2.91	-	-
Other Intangible Assets	122.17	125.14	132.87	137.41	135.46	119.53
Long-Term Deferred Tax Assets	46.4	43.2	56.4	73.83	54.48	26.36
Long-Term Deferred Charges	1.83	2.21	1.83	3.05	4.96	2.92
Other Long-Term Assets	46.22	32.01	70.41	98.76	374.25	820.14
Total Assets	8,387	8,258	8,052	7,722	7,625	5,726
Accounts Payable	989.46	1,029	893.38	925.92	883.39	452.74
Accrued Expenses	55.66	116.56	81.85	62.28	56.63	64.75
Short-Term Debt	773.23	661.71	96.58	116.09	184.46	-
Current Portion of Long-Term Debt	63.79	90.65	185.58	277.14	26.51	-
Current Portion of Leases	-	2.6	3.11	5.14	1.43	3.83
Current Income Taxes Payable	33.78	6.86	46.77	6.39	9.67	19.3
Current Unearned Revenue	19.06	11.28	9.21	10.15	10.68	32.09
Other Current Liabilities	112.95	137.27	77.86	18.51	43.38	57.41
Total Current Liabilities	2,048	2,056	1,394	1,422	1,216	630.11
Long-Term Debt	-	-	519.92	1,771	2,058	1,090
Long-Term Leases	5.29	5.91	1.21	4.8	8.5	7.08
Long-Term Unearned Revenue	157.37	126.51	144.74	128.46	109.51	69.08
Pension & Post-Retirement Benefits	26.44	26.44	13.53	-	-	-
Long-Term Deferred Tax Liabilities	0.49	0.51	0.04	0.28	0.99	1.95
Other Long-Term Liabilities	15.94	11.37	16.63	-	-	-
Total Liabilities	2,253	2,226	2,090	3,326	3,393	1,798
Common Stock	832.08	832.08	832.08	736.35	736.62	736.72
Additional Paid-In Capital	2,684	2,684	2,818	1,006	995.09	965.72
Retained Earnings	2,609	2,508	2,156	1,726	1,577	1,310
Treasury Stock	-	-	-	-17.31	-36.3	-50.95
Comprehensive Income & Other	8.55	7.04	4.15	307.3	307.41	307.52
Total Common Equity	6,133	6,031	5,811	3,759	3,580	3,269
Minority Interest	0	0.22	150.83	637.21	652.32	659.23
Shareholders' Equity	6,133	6,032	5,962	4,396	4,232	3,928
Total Liabilities & Equity	8,387	8,258	8,052	7,722	7,625	5,726
Total Debt	842.3	760.87	806.38	2,174	2,279	1,101
Net Cash (Debt)	-324.85	-421.82	-76.97	-1,290	-846.54	982.6
Net Cash Growth	-	-	-	-	-	-10.75%
Net Cash Per Share	-0.39	-0.50	-0.10	-1.65	-1.08	1.27
Filing Date Shares Outstanding	832.08	832.08	832.08	736.32	736.53	736.72
Total Common Shares Outstanding	832.08	832.08	832.08	736.35	736.62	736.72
Working Capital	732.46	564.54	1,186	807.81	1,677	2,446
Book Value Per Share	7.37	7.25	6.98	5.10	4.86	4.44
Tangible Book Value	6,011	5,906	5,678	3,621	3,444	3,150
Tangible Book Value Per Share	7.22	7.10	6.82	4.92	4.68	4.28
Buildings	-	1,552	1,540	1,060	819.23	363.21
Machinery	-	6,032	4,925	3,803	2,347	1,072
Construction In Progress	-	224.39	337.72	1,368	1,690	761.84

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