SHE:300656 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	Jan '22 Jan 1, 2022
Cash & Equivalents	112.58	62.24	137.24	147.75	34.25
Trading Asset Securities	39.93	7.34	11.44	7.55	55.62
Cash & Short-Term Investments	152.51	69.58	148.68	155.3	89.87
Cash Growth	119.19%	-53.20%	-4.26%	72.81%	-37.66%
Accounts Receivable	98.73	194.69	217.72	235.41	245.7
Other Receivables	2.9	28.73	30.21	5.08	4.03
Receivables	101.63	223.42	247.93	240.49	249.73
Inventory	108.95	81.56	97.36	107.11	83.33
Other Current Assets	50.69	55.28	48.94	26.16	33.24
Total Current Assets	413.78	429.83	542.91	529.06	456.16
Property, Plant & Equipment	1,236	587.87	604.7	420.44	34.84
Long-Term Investments	240.39	432.38	504.43	456.72	175.41
Goodwill	96.23	3.37	85.35	109.56	115.05
Other Intangible Assets	95.7	3.12	3.83	4.74	5.44
Long-Term Deferred Tax Assets	71.1	19.01	13.94	4.85	3.61
Long-Term Deferred Charges	9.89	8.16	7.08	7.63	0.68
Other Long-Term Assets	104.72	106.68	-	-	40.47
Total Assets	2,268	1,590	1,762	1,533	831.67
Accounts Payable	274.14	89.26	145.05	45.28	37.9
Accrued Expenses	18.12	24.63	22.3	24	20.84
Short-Term Debt	302.95	141.1	124.32	157.65	155.78
Current Portion of Long-Term Debt	145.75	62.05	39.65	23.48	0.8
Current Portion of Leases	-	1.8	1.52	2.17	2.35
Current Income Taxes Payable	19.38	15.11	15.86	20.21	12.43
Current Unearned Revenue	3.5	1.19	1.21	6.54	7.63
Other Current Liabilities	4.88	1.26	2.04	6.83	11.49
Total Current Liabilities	768.72	336.4	351.95	286.15	249.22
Long-Term Debt	399.23	210.95	220.15	82.2	8.2
Long-Term Leases	0.28	0.89	1.9	0.34	2.25
Long-Term Unearned Revenue	76.1	-	0.04	0.1	-
Long-Term Deferred Tax Liabilities	20.4	6.26	5.67	4.24	3.51
Other Long-Term Liabilities	64.25	2.57	1.54	1.06	0.63
Total Liabilities	1,329	557.06	581.25	374.09	263.81
Common Stock	171.13	171.13	172.63	156.94	119.79
Additional Paid-In Capital	567.55	568.03	596.43	592.11	125.42
Retained Earnings	151.29	253.08	372.13	375.27	298.61
Treasury Stock	-30.1	-2.6	-	-	-
Comprehensive Income & Other	17.25	29.54	24.31	21.16	12.41
Total Common Equity	877.11	1,019	1,166	1,145	556.24
Minority Interest	61.45	14.19	15.49	13.42	11.62
Shareholders' Equity	938.56	1,033	1,181	1,159	567.86
Total Liabilities & Equity	2,268	1,590	1,762	1,533	831.67
Total Debt	848.21	416.78	387.54	265.84	169.37
Net Cash (Debt)	-695.7	-347.21	-238.86	-110.54	-79.51
Net Cash Per Share	-4.09	-2.03	-1.38	-0.64	-0.50
Filing Date Shares Outstanding	170.02	170.97	171.13	172.63	172.63
Total Common Shares Outstanding	170.02	170.97	172.63	172.63	158.12
Working Capital	-354.95	93.44	190.96	242.91	206.95
Book Value Per Share	5.16	5.96	6.75	6.64	3.52
Tangible Book Value	685.18	1,013	1,076	1,031	435.74
Tangible Book Value Per Share	4.03	5.92	6.23	5.97	2.76
Buildings	-	40.38	40.38	40.17	12.26
Machinery	-	475.39	414.61	36.98	36.29
Construction In Progress	-	134.38	171.22	362.49	-

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