SHE:300671 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	170.36	208.65	165.24	293.55	394.85	907.82
Short-Term Investments	-	56.46	159.58	69.68	139.51	-
Trading Asset Securities	360.5	318.55	215.98	369.55	562.34	377.61
Cash & Short-Term Investments	530.86	583.67	540.8	732.78	1,097	1,285
Cash Growth	1.67%	7.93%	-26.20%	-33.18%	-14.68%	311.96%
Accounts Receivable	529.93	527.24	406.57	393.97	376.8	440.59
Other Receivables	6.66	8.23	7.51	62.8	30.75	23.14
Receivables	536.59	535.47	414.09	456.77	407.55	463.73
Inventory	385.24	348.68	416.45	413.23	503.65	372.64
Prepaid Expenses	-	-	-	-	0.24	-
Other Current Assets	90.47	33.03	87.68	33.89	73.19	244.6
Total Current Assets	1,543	1,501	1,459	1,637	2,081	2,366
Property, Plant & Equipment	1,032	1,001	933.45	972.44	894.71	495.2
Long-Term Investments	-	20.51	31.33	52.04	-	-
Other Intangible Assets	28.72	29.42	32.66	35.83	35.85	38.52
Long-Term Deferred Tax Assets	71.44	75.29	84.46	85.41	51.93	5.3
Long-Term Deferred Charges	28.62	27.34	41.72	41.54	56.52	46.24
Other Long-Term Assets	47.18	18.28	55.19	89.79	154.88	13.18
Total Assets	2,751	2,673	2,638	2,914	3,275	2,965
Accounts Payable	284.15	296.96	210.13	229.87	147.54	162.28
Accrued Expenses	13.5	28.09	13.77	18.09	21.81	12.75
Short-Term Debt	500.56	495.9	536.35	631.31	623.67	155.04
Current Portion of Long-Term Debt	18.35	14.09	14.12	14.14	14.17	56.56
Current Portion of Leases	-	3.13	2.79	16.58	25.43	38.77
Current Income Taxes Payable	1.9	-	0.79	-	0.98	24.19
Current Unearned Revenue	5.51	4.29	3.95	2.48	5.75	14.93
Other Current Liabilities	165.84	138.6	98.23	37.01	78.77	4.74
Total Current Liabilities	989.81	981.06	880.12	949.48	918.12	469.28
Long-Term Debt	70	73.5	87.5	101.5	115.5	12.67
Long-Term Leases	10.68	6.33	6.44	8.11	34.52	53.68
Long-Term Unearned Revenue	51.38	53.45	34.84	27.93	30.52	32.25
Long-Term Deferred Tax Liabilities	0.68	0.41	0.33	0.39	1.1	0
Other Long-Term Liabilities	50	-	-	5.88	6.1	5.61
Total Liabilities	1,173	1,115	1,009	1,093	1,106	573.49
Common Stock	221.39	221.39	217.72	217.72	217.72	216.68
Additional Paid-In Capital	1,598	1,598	1,487	1,440	1,447	1,413
Retained Earnings	-234.45	-254.97	-71.71	169.8	517.72	755.39
Comprehensive Income & Other	1.42	1.66	2.01	1.77	1.5	0.19
Total Common Equity	1,587	1,566	1,636	1,829	2,184	2,385
Minority Interest	-8.16	-8.16	-6.92	-8.44	-14.41	6.35
Shareholders' Equity	1,579	1,558	1,629	1,820	2,169	2,391
Total Liabilities & Equity	2,751	2,673	2,638	2,914	3,275	2,965
Total Debt	599.59	592.95	647.2	771.64	813.29	316.72
Net Cash (Debt)	-68.73	-9.29	-106.4	-38.87	283.41	968.7
Net Cash Growth	-	-	-	-	-70.74%	3506.34%
Net Cash Per Share	-0.31	-0.04	-0.49	-0.18	1.30	4.65
Filing Date Shares Outstanding	228.01	221.39	217.72	217.72	217.72	216.68
Total Common Shares Outstanding	228.01	221.39	217.72	217.72	217.72	216.68
Working Capital	553.34	519.78	578.9	687.19	1,163	1,897
Book Value Per Share	6.96	7.08	7.51	8.40	10.03	11.01
Tangible Book Value	1,558	1,537	1,603	1,793	2,148	2,346
Tangible Book Value Per Share	6.83	6.94	7.36	8.24	9.87	10.83
Buildings	-	603.04	595.49	0.49	0.49	0.49
Machinery	-	720.44	587.38	625.47	606.67	538.11
Construction In Progress	-	-	-	556.76	413.65	28.41

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