SHE:300658 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	337.38	218.74	184.51	237.81	221.92	205.47
Short-Term Investments	157.26	254.89	-	-	20.02	50.06
Trading Asset Securities	60.03	40.75	35.13	153.29	402.04	85.07
Cash & Short-Term Investments	554.67	514.38	219.64	391.1	643.98	340.59
Cash Growth	188.19%	134.19%	-43.84%	-39.27%	89.08%	-38.31%
Accounts Receivable	514.56	479.87	397.27	304.9	327.98	348.88
Other Receivables	5.76	7.51	15.06	9.42	9.99	13.05
Receivables	520.32	487.38	412.33	314.33	337.98	361.93
Inventory	243.24	287.44	269.55	180.44	200.99	209.94
Other Current Assets	13.53	15.89	13.83	32.39	38.55	47.47
Total Current Assets	1,332	1,305	915.35	918.26	1,221	959.92
Property, Plant & Equipment	1,258	1,277	1,337	1,302	1,246	940.72
Long-Term Investments	70.29	69.4	311.38	317.43	76.73	59.23
Goodwill	2.64	2.64	5.34	5.34	9.69	-
Other Intangible Assets	48.27	49.2	51.66	53.45	61.24	74.13
Long-Term Deferred Tax Assets	42.82	46.55	43.5	38	37.05	13.4
Long-Term Deferred Charges	2.24	2.43	4.51	5.57	7.46	7.56
Other Long-Term Assets	46.29	48.37	64.59	62.04	49.28	99.44
Total Assets	2,802	2,800	2,733	2,702	2,708	2,154
Accounts Payable	269.23	284.03	166.15	133.05	92.92	102.01
Accrued Expenses	24.37	125.1	105.62	39.95	59.09	83.7
Short-Term Debt	385.8	409.51	424.01	356.84	335.45	361.8
Current Portion of Long-Term Debt	148.93	174.95	216.96	222	145.78	123.07
Current Portion of Leases	-	9.63	18.63	17.65	16.72	15.96
Current Income Taxes Payable	17.58	7.44	2.98	7.16	4.24	5.24
Current Unearned Revenue	1.91	1.6	0.94	0.89	10.16	1.23
Other Current Liabilities	92.03	30.64	47.93	133.63	45.62	57.04
Total Current Liabilities	939.86	1,043	983.22	911.17	709.98	750.05
Long-Term Debt	437.29	368.78	350.49	331.61	534.96	311.87
Long-Term Leases	4.59	4.51	15.69	32.14	43.25	44.22
Long-Term Unearned Revenue	40.37	31.01	28.36	19.55	20.3	20.02
Long-Term Deferred Tax Liabilities	0.03	0.03	0.02	0.01	0.13	0.6
Other Long-Term Liabilities	0.29	-	-	-	-	-
Total Liabilities	1,422	1,447	1,378	1,294	1,309	1,127
Common Stock	332.76	332.76	332.76	332.76	277.3	227.61
Additional Paid-In Capital	607.61	607.61	607.61	629.91	685.37	348.6
Retained Earnings	553.4	521.99	501.15	498.46	477.59	448.21
Treasury Stock	-25.01	-25.01	-25.01	-	-	-5.21
Comprehensive Income & Other	-117.85	-113.19	-92.9	-84.23	-59.55	-7.96
Total Common Equity	1,351	1,324	1,324	1,377	1,381	1,011
Minority Interest	28.79	29.01	31.74	30.51	19.17	16.38
Shareholders' Equity	1,380	1,353	1,355	1,407	1,400	1,028
Total Liabilities & Equity	2,802	2,800	2,733	2,702	2,708	2,154
Total Debt	976.61	967.38	1,026	960.24	1,076	856.92
Net Cash (Debt)	-421.93	-452.99	-806.15	-569.13	-432.18	-516.33
Net Cash Per Share	-1.25	-1.34	-2.36	-1.64	-1.47	-1.90
Filing Date Shares Outstanding	328.01	328.01	328.01	332.76	332.76	259.26
Total Common Shares Outstanding	328.01	328.01	328.01	332.76	332.76	259.26
Working Capital	391.91	262.2	-67.86	7.09	511.52	209.87
Book Value Per Share	4.12	4.04	4.04	4.14	4.15	3.90
Tangible Book Value	1,300	1,272	1,267	1,318	1,310	937.12
Tangible Book Value Per Share	3.96	3.88	3.86	3.96	3.94	3.61
Buildings	-	612.73	615.26	635.56	1,069	879.98
Machinery	-	1,112	1,035	869.76	-	-
Construction In Progress	-	110.58	152.45	154.77	445.6	260.45

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