SHE:300666 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	-	1,155	958.95	1,315	482.1
Cash & Short-Term Investments	1,390	1,155	958.95	1,315	482.1
Cash Growth	20.30%	20.45%	-27.10%	172.85%	18.68%
Accounts Receivable	-	1,022	680.12	463.26	364.55
Other Receivables	-	10.54	34.2	25.01	20.01
Receivables	-	1,032	714.31	488.27	384.56
Inventory	-	1,451	1,090	1,060	588.67
Other Current Assets	-	242.76	105.39	61.11	32.97
Total Current Assets	-	3,881	2,869	2,925	1,488
Property, Plant & Equipment	-	3,383	2,073	1,227	852.24
Long-Term Investments	-	642.84	572.4	345.4	246.62
Goodwill	-	-	-	-	3.69
Other Intangible Assets	-	434.03	436.9	393.06	130.56
Long-Term Accounts Receivable	-	0.32	0.46	-	-
Long-Term Deferred Tax Assets	-	27.43	25.05	28.76	52.31
Long-Term Deferred Charges	-	154.32	128.39	58.54	51.74
Other Long-Term Assets	-	167.02	166.68	120.83	75.99
Total Assets	-	8,689	6,272	5,098	2,901
Accounts Payable	-	1,313	835.98	422.55	283.52
Accrued Expenses	-	101.76	85.22	63.49	46.57
Short-Term Debt	-	398.23	185.17	156.65	376.44
Current Portion of Long-Term Debt	-	814.85	67.7	21.02	109.13
Current Portion of Leases	-	33.74	23.58	13.47	7.53
Current Income Taxes Payable	-	48.98	21.18	18.78	11.11
Current Unearned Revenue	-	8.7	8.34	1.29	1.41
Other Current Liabilities	-	22.31	50.19	108.27	5.22
Total Current Liabilities	-	2,741	1,277	805.52	840.94
Long-Term Debt	-	1,388	749.98	209.18	464.1
Long-Term Leases	-	43.21	34.5	27.54	23.28
Long-Term Unearned Revenue	-	81.87	77.78	69.67	66.92
Long-Term Deferred Tax Liabilities	-	7.04	2.22	0.39	40.41
Total Liabilities	-	4,262	2,142	1,112	1,436
Common Stock	-	265.34	265.44	265.57	227.62
Additional Paid-In Capital	-	3,045	3,062	3,128	616.22
Retained Earnings	-	1,255	906.86	706.09	467.18
Treasury Stock	-	-69.13	-65.09	-95.7	-
Comprehensive Income & Other	-	5.69	5.34	3.11	145.7
Total Common Equity	4,866	4,502	4,174	4,007	1,457
Minority Interest	-	-73.97	-44.51	-20.68	9.08
Shareholders' Equity	4,766	4,428	4,130	3,986	1,466
Total Liabilities & Equity	-	8,689	6,272	5,098	2,901
Total Debt	3,683	2,678	1,061	427.86	980.49
Net Cash (Debt)	-2,293	-1,523	-101.98	887.55	-498.39
Net Cash Per Share	-8.63	-5.74	-0.38	3.73	-2.20
Filing Date Shares Outstanding	267.39	264.32	270.79	265.57	227.62
Total Common Shares Outstanding	267.39	264.32	270.79	265.57	227.62
Working Capital	-	1,140	1,592	2,119	647.35
Book Value Per Share	18.41	17.03	15.42	15.09	6.40
Tangible Book Value	4,443	4,068	3,737	3,614	1,322
Tangible Book Value Per Share	16.81	15.39	13.80	13.61	5.81
Buildings	-	556.88	589.12	454.55	295.41
Machinery	-	1,296	919.01	752.51	624.8
Construction In Progress	-	2,006	950.63	335.28	195.99

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