SHE:300636 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	252.84	176.38	512.75	141.96	161.29
Short-Term Investments	-	194.58	64.49	-	-
Trading Asset Securities	40.08	20.05	-	-	-
Cash & Short-Term Investments	292.93	391.02	577.24	141.96	161.29
Cash Growth	-25.09%	-32.26%	306.61%	-11.98%	-42.48%
Accounts Receivable	119.03	96.49	70.87	94.69	60.11
Other Receivables	3.42	6.12	6.43	1.27	35.28
Receivables	122.45	102.61	77.3	95.96	95.4
Inventory	510.45	552.51	523.42	497.36	373.42
Prepaid Expenses	-	0.32	0.54	2.28	0.01
Other Current Assets	535.9	4.57	18.48	20.39	13.44
Total Current Assets	1,462	1,051	1,197	757.95	643.56
Property, Plant & Equipment	1,719	1,490	1,514	1,422	1,218
Long-Term Investments	115.09	724.42	488.84	-	-
Other Intangible Assets	18.75	19.28	20.17	21.08	21.43
Long-Term Deferred Tax Assets	0.21	0.11	0.23	0.13	0.15
Long-Term Deferred Charges	1	-	-	-	-
Other Long-Term Assets	4.83	34.52	1.09	57.96	24.05
Total Assets	3,321	3,320	3,221	2,259	1,907
Accounts Payable	179.12	150.36	130.39	212.82	143.78
Accrued Expenses	23.29	31.36	24.8	21.13	17.84
Short-Term Debt	194.43	300.8	429.31	267.83	182.29
Current Portion of Long-Term Debt	254.86	1.31	86.55	16	4
Current Portion of Leases	-	1.11	1.06	1.06	1.06
Current Income Taxes Payable	2.01	-	0.03	-	0.05
Current Unearned Revenue	3.31	4.24	2.09	11.69	10.03
Other Current Liabilities	9.9	16.66	27.47	44.51	1.61
Total Current Liabilities	666.92	505.84	701.71	575.04	360.67
Long-Term Debt	187.1	398.5	250	326.33	619.63
Long-Term Leases	0.12	1.03	2.04	2.91	3.79
Long-Term Unearned Revenue	56.23	62.35	4.02	4.03	4.19
Long-Term Deferred Tax Liabilities	45.44	43.08	37.22	30.88	30.34
Total Liabilities	955.8	1,011	994.99	939.19	1,019
Common Stock	419.95	421.53	423.14	350.19	205.91
Additional Paid-In Capital	1,241	1,252	1,271	543.38	251.54
Retained Earnings	704.08	647.6	557.74	467.52	379.83
Treasury Stock	-	-12.34	-25.18	-41.42	-
Comprehensive Income & Other	-	-	-	-	50.83
Shareholders' Equity	2,365	2,309	2,226	1,320	888.11
Total Liabilities & Equity	3,321	3,320	3,221	2,259	1,907
Total Debt	636.5	702.75	768.96	614.13	810.78
Net Cash (Debt)	-343.58	-311.74	-191.72	-472.17	-649.48
Net Cash Per Share	-0.82	-0.74	-0.50	-1.36	-1.92
Filing Date Shares Outstanding	420.25	420.12	420.58	346.66	308.86
Total Common Shares Outstanding	420.25	420.12	420.58	346.66	308.86
Working Capital	794.81	545.19	495.27	182.91	282.89
Book Value Per Share	5.63	5.50	5.29	3.81	2.88
Tangible Book Value	2,346	2,289	2,206	1,299	866.68
Tangible Book Value Per Share	5.58	5.45	5.25	3.75	2.81
Buildings	-	471.6	427.23	346.16	230.51
Machinery	-	1,288	925.85	578.62	555.63
Construction In Progress	-	186.23	503.08	772.97	641.34

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