SHE:300656 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	50.78	112.58	62.24	137.24	147.75	34.25
Trading Asset Securities	39.93	39.93	7.34	11.44	7.55	55.62
Cash & Short-Term Investments	90.72	152.51	69.58	148.68	155.3	89.87
Cash Growth	181.56%	119.19%	-53.20%	-4.26%	72.81%	-37.66%
Accounts Receivable	107.99	98.73	194.69	217.72	235.41	245.7
Other Receivables	3.35	2.9	28.73	30.21	5.08	4.03
Receivables	111.34	101.63	223.42	247.93	240.49	249.73
Inventory	110.47	108.95	81.56	97.36	107.11	83.33
Other Current Assets	59.32	50.69	55.28	48.94	26.16	33.24
Total Current Assets	371.85	413.78	429.83	542.91	529.06	456.16
Property, Plant & Equipment	1,226	1,236	587.87	604.7	420.44	34.84
Long-Term Investments	243.47	240.39	432.38	504.43	456.72	175.41
Goodwill	96.23	96.23	3.37	85.35	109.56	115.05
Other Intangible Assets	92.29	95.7	3.12	3.83	4.74	5.44
Long-Term Deferred Tax Assets	70.81	71.1	19.01	13.94	4.85	3.61
Long-Term Deferred Charges	9.5	9.89	8.16	7.08	7.63	0.68
Other Long-Term Assets	104.03	104.72	106.68	-	-	40.47
Total Assets	2,214	2,268	1,590	1,762	1,533	831.67
Accounts Payable	284.13	274.14	89.26	145.05	45.28	37.9
Accrued Expenses	7.96	18.12	24.63	22.3	24	20.84
Short-Term Debt	281.16	302.95	141.1	124.32	157.65	155.78
Current Portion of Long-Term Debt	158.34	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	17.56	19.38	15.11	15.86	20.21	12.43
Current Unearned Revenue	9.5	3.5	1.19	1.21	6.54	7.63
Other Current Liabilities	8.28	4.88	1.26	2.04	6.83	11.49
Total Current Liabilities	766.94	768.72	336.4	351.95	286.15	249.22
Long-Term Debt	377.34	399.23	210.95	220.15	82.2	8.2
Long-Term Leases	0.2	0.28	0.89	1.9	0.34	2.25
Long-Term Unearned Revenue	84.13	76.1	-	0.04	0.1	-
Long-Term Deferred Tax Liabilities	19.88	20.4	6.26	5.67	4.24	3.51
Other Long-Term Liabilities	68.52	64.25	2.57	1.54	1.06	0.63
Total Liabilities	1,317	1,329	557.06	581.25	374.09	263.81
Common Stock	171.13	171.13	171.13	172.63	156.94	119.79
Additional Paid-In Capital	576.56	567.55	568.03	596.43	592.11	125.42
Retained Earnings	125.02	151.29	253.08	372.13	375.27	298.61
Treasury Stock	-30.1	-30.1	-2.6	-	-	-
Comprehensive Income & Other	16.97	17.25	29.54	24.31	21.16	12.41
Total Common Equity	859.57	877.11	1,019	1,166	1,145	556.24
Minority Interest	37.75	61.45	14.19	15.49	13.42	11.62
Shareholders' Equity	897.32	938.56	1,033	1,181	1,159	567.86
Total Liabilities & Equity	2,214	2,268	1,590	1,762	1,533	831.67
Total Debt	817.04	848.21	416.78	387.54	265.84	169.37
Net Cash (Debt)	-726.32	-695.7	-347.21	-238.86	-110.54	-79.51
Net Cash Per Share	-4.27	-4.09	-2.03	-1.38	-0.64	-0.50
Filing Date Shares Outstanding	169.93	170.02	170.97	171.13	172.63	172.63
Total Common Shares Outstanding	169.93	170.02	170.97	172.63	172.63	158.12
Working Capital	-395.09	-354.95	93.44	190.96	242.91	206.95
Book Value Per Share	5.06	5.16	5.96	6.75	6.64	3.52
Tangible Book Value	671.05	685.18	1,013	1,076	1,031	435.74
Tangible Book Value Per Share	3.95	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.