SHE:300655 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	705.4	606.7	818.72	1,458	551.63	585.32
Trading Asset Securities	952.87	1,141	738.27	37.6	101.59	-
Cash & Short-Term Investments	1,658	1,748	1,557	1,496	653.21	585.32
Cash Growth	2.15%	12.24%	4.09%	128.98%	11.60%	99.25%
Accounts Receivable	660.59	604.31	569.42	575	490.13	572.13
Other Receivables	1.8	1.36	2.13	16.36	12.07	15.8
Receivables	662.4	605.66	571.55	591.36	502.2	587.94
Inventory	210.74	167.99	154.13	162.42	91.62	135.1
Prepaid Expenses	-	-	0.01	0.09	0.01	0.12
Other Current Assets	121.47	100.02	138.57	106.76	51.59	52.43
Total Current Assets	2,653	2,621	2,421	2,356	1,299	1,361
Property, Plant & Equipment	2,176	2,224	2,251	1,971	1,212	945.29
Long-Term Investments	203.31	205.81	207.58	294.03	393.39	294.2
Goodwill	28.35	28.35	28.35	172.78	110.28	110.28
Other Intangible Assets	168.08	171.16	163.94	151.96	127.28	121.19
Long-Term Deferred Tax Assets	40.29	37.67	42.22	41.55	25.33	30.64
Long-Term Deferred Charges	11.21	7.62	7.25	5.3	6.26	5.2
Other Long-Term Assets	7.21	4.67	28.57	45.87	42.6	56.94
Total Assets	5,288	5,301	5,150	5,039	3,216	2,925
Accounts Payable	278.84	298.47	294.38	255.25	177.42	250.47
Accrued Expenses	16.01	32.92	34.36	27.61	38.32	40.16
Short-Term Debt	100.06	99.97	100.47	368.34	348.02	295.43
Current Portion of Long-Term Debt	50.16	41.64	29.26	16.28	0.94	0.64
Current Portion of Leases	-	-	5.08	4.24	1.34	2.19
Current Income Taxes Payable	12.42	13.79	0.59	7.87	16.48	18.63
Current Unearned Revenue	7.06	6.36	3.2	5.76	4.59	19.26
Other Current Liabilities	8.31	8.27	16.47	15.29	4.27	35.02
Total Current Liabilities	472.86	501.44	483.8	700.65	591.38	661.79
Long-Term Debt	585.6	586.87	654.69	602.57	511.05	492.25
Long-Term Leases	4.94	2.5	2.79	3.54	2.55	2.18
Long-Term Unearned Revenue	106.39	107.73	98.17	55.79	43.44	50.44
Long-Term Deferred Tax Liabilities	16.17	16.67	34.74	41.66	36.47	33.92
Other Long-Term Liabilities	265.89	262.09	246.69	231.29	-	-
Total Liabilities	1,452	1,477	1,521	1,636	1,185	1,241
Common Stock	1,073	1,073	1,060	997.87	585.18	340.64
Additional Paid-In Capital	1,096	1,092	1,069	693.61	772.78	764.02
Retained Earnings	384.85	378.16	286.56	495.77	510.14	380.85
Treasury Stock	-	-	-29.99	-29.99	-29.99	-
Comprehensive Income & Other	116.75	118.68	127.93	124.91	122.64	121.22
Total Common Equity	2,671	2,662	2,513	2,282	1,961	1,607
Minority Interest	1,165	1,161	1,116	1,121	70.02	77.33
Shareholders' Equity	3,836	3,824	3,629	3,404	2,031	1,684
Total Liabilities & Equity	5,288	5,301	5,150	5,039	3,216	2,925
Total Debt	740.77	730.98	792.28	994.97	863.9	792.68
Net Cash (Debt)	917.5	1,017	764.71	500.76	-210.68	-207.36
Net Cash Growth	16.95%	32.93%	52.71%	-	-	-
Net Cash Per Share	0.95	0.95	0.77	0.34	-0.21	-0.21
Filing Date Shares Outstanding	669.18	1,090	1,058	995.98	991.6	994.72
Total Common Shares Outstanding	669.18	1,090	1,058	995.98	991.6	977.38
Working Capital	2,180	2,120	1,937	1,656	707.25	699.11
Book Value Per Share	3.99	2.44	2.38	2.29	1.98	1.64
Tangible Book Value	2,474	2,463	2,321	1,957	1,723	1,375
Tangible Book Value Per Share	3.70	2.26	2.19	1.97	1.74	1.41
Buildings	-	-	558.86	533.86	355.78	325.7
Machinery	-	-	1,985	1,409	845.68	829.34
Construction In Progress	-	-	588.25	751.55	509.04	198.62

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