SHE:300636 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	Dec '21 Dec 31, 2021
Cash & Equivalents	119.28	252.84	176.38	512.75	141.96	161.29
Short-Term Investments	-	515.12	194.58	64.49	-	-
Trading Asset Securities	155.13	40.08	20.05	-	-	-
Cash & Short-Term Investments	274.41	808.05	391.02	577.24	141.96	161.29
Cash Growth	-43.92%	106.65%	-32.26%	306.61%	-11.98%	-42.48%
Accounts Receivable	126.45	119.03	96.49	70.87	94.69	60.11
Other Receivables	11.14	19.32	6.12	6.43	1.27	35.28
Receivables	137.59	138.36	102.61	77.3	95.96	95.4
Inventory	524.64	510.45	552.51	523.42	497.36	373.42
Prepaid Expenses	-	0.21	0.32	0.54	2.28	0.01
Other Current Assets	497.16	4.67	4.57	18.48	20.39	13.44
Total Current Assets	1,434	1,462	1,051	1,197	757.95	643.56
Property, Plant & Equipment	1,752	1,719	1,490	1,514	1,422	1,218
Long-Term Investments	104.68	115.09	724.42	488.84	-	-
Other Intangible Assets	18.55	18.75	19.28	20.17	21.08	21.43
Long-Term Deferred Tax Assets	0.34	0.21	0.11	0.23	0.13	0.15
Long-Term Deferred Charges	0.58	1	-	-	-	-
Other Long-Term Assets	2.12	4.83	34.52	1.09	57.96	24.05
Total Assets	3,312	3,321	3,320	3,221	2,259	1,907
Accounts Payable	183.88	179.12	150.36	130.39	212.82	143.78
Accrued Expenses	17.14	32.27	31.36	24.8	21.13	17.84
Short-Term Debt	171.34	194.43	300.8	429.31	267.83	182.29
Current Portion of Long-Term Debt	401.71	253.84	1.31	86.55	16	4
Current Portion of Leases	-	1.02	1.11	1.06	1.06	1.06
Current Income Taxes Payable	1.73	-	-	0.03	-	0.05
Current Unearned Revenue	4.14	3.31	4.24	2.09	11.69	10.03
Other Current Liabilities	7.98	2.93	16.66	27.47	44.51	1.61
Total Current Liabilities	787.92	666.92	505.84	701.71	575.04	360.67
Long-Term Debt	38.85	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	54.69	56.23	62.35	4.02	4.03	4.19
Long-Term Deferred Tax Liabilities	46.14	45.44	43.08	37.22	30.88	30.34
Total Liabilities	927.61	955.8	1,011	994.99	939.19	1,019
Common Stock	419.95	419.95	421.53	423.14	350.19	205.91
Additional Paid-In Capital	1,241	1,241	1,252	1,271	543.38	251.54
Retained Earnings	722.86	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	2,384	2,365	2,309	2,226	1,320	888.11
Total Liabilities & Equity	3,312	3,321	3,320	3,221	2,259	1,907
Total Debt	611.9	636.5	702.75	768.96	614.13	810.78
Net Cash (Debt)	-337.5	171.54	-311.74	-191.72	-472.17	-649.48
Net Cash Per Share	-0.80	0.41	-0.74	-0.50	-1.36	-1.92
Filing Date Shares Outstanding	419.95	419.95	420.12	420.58	346.66	308.86
Total Common Shares Outstanding	419.95	419.95	420.12	420.58	346.66	308.86
Working Capital	645.88	794.81	545.19	495.27	182.91	282.89
Book Value Per Share	5.68	5.63	5.50	5.29	3.81	2.88
Tangible Book Value	2,365	2,346	2,289	2,206	1,299	866.68
Tangible Book Value Per Share	5.63	5.59	5.45	5.25	3.75	2.81
Buildings	-	541.59	471.6	427.23	346.16	230.51
Machinery	-	1,268	1,288	925.85	578.62	555.63
Construction In Progress	-	460.26	186.23	503.08	772.97	641.34

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