SHE:300680 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	359.08	411.69	342.14	380.67	346.24	89.29
Short-Term Investments	-	147.32	42.42	-	-	-
Trading Asset Securities	232.83	116.9	332.16	353.43	300.65	30.1
Cash & Short-Term Investments	591.91	675.92	716.72	734.1	646.89	119.39
Cash Growth	-17.77%	-5.69%	-2.37%	13.48%	441.83%	-42.41%
Accounts Receivable	885.15	992.5	943.72	807.8	534.92	395.58
Other Receivables	7.3	7.28	0.34	0.34	14.4	15.67
Receivables	892.45	999.78	944.06	808.14	549.31	411.24
Inventory	458.59	442.81	463.08	381.58	313.01	240.6
Other Current Assets	249.79	147.58	61.79	56.2	57.77	25.57
Total Current Assets	2,193	2,266	2,186	1,980	1,567	796.81
Property, Plant & Equipment	1,296	1,312	1,175	1,086	892.87	528.72
Long-Term Investments	291.58	286.56	195.32	47.05	24.8	20.69
Goodwill	181.51	181.51	159.4	159.4	159.4	159.4
Other Intangible Assets	138.12	130.16	101.19	105.09	108.82	56.34
Long-Term Deferred Tax Assets	14.97	16.47	14.49	11.15	10.28	4.08
Long-Term Deferred Charges	129.73	133.21	108.65	91.44	48.06	43.67
Other Long-Term Assets	31.94	24.01	60.22	31.09	61.1	73.7
Total Assets	4,277	4,350	4,000	3,511	2,872	1,683
Accounts Payable	737.46	880.18	834.56	632.79	385.24	302.44
Accrued Expenses	11.87	25.16	21.11	19.24	13.87	13.72
Short-Term Debt	727.25	744.99	694.64	711.73	546.04	293.6
Current Portion of Long-Term Debt	313.77	262.44	213.02	100.55	73.39	42.62
Current Portion of Leases	-	2.96	-	0.16	0.48	-
Current Income Taxes Payable	15.33	11.1	6.13	5.91	0.61	5.11
Current Unearned Revenue	2.42	1	0.5	0.46	1.05	3.11
Other Current Liabilities	0.05	13.71	11.61	6.9	8.92	7.47
Total Current Liabilities	1,808	1,942	1,782	1,478	1,030	668.08
Long-Term Debt	188.14	202.1	186.1	234.2	117	37.5
Long-Term Leases	1.56	3.06	-	-	-	-
Long-Term Unearned Revenue	28.76	14.37	16.82	15.7	18.19	21.38
Long-Term Deferred Tax Liabilities	22.39	22.55	13.72	8.5	8.53	2.76
Other Long-Term Liabilities	0.45	1.29	0.55	0.7	0.67	1.68
Total Liabilities	2,049	2,185	1,999	1,737	1,174	731.41
Common Stock	227.72	227.72	231.02	231.02	231.02	201.85
Additional Paid-In Capital	1,026	1,026	1,137	1,134	1,131	456.72
Retained Earnings	851.95	793.81	598.9	420.19	296.47	241.08
Treasury Stock	-31.97	-31.97	-38.08	-51.99	-	-
Comprehensive Income & Other	1.87	1.87	-0.82	-0.37	0.07	0.03
Total Common Equity	2,076	2,017	1,928	1,733	1,659	899.68
Minority Interest	151.92	147.88	73.25	41.28	39.42	52.32
Shareholders' Equity	2,227	2,165	2,001	1,774	1,698	952
Total Liabilities & Equity	4,277	4,350	4,000	3,511	2,872	1,683
Total Debt	1,231	1,216	1,094	1,047	736.92	373.72
Net Cash (Debt)	-638.8	-539.63	-377.04	-312.54	-90.03	-254.33
Net Cash Per Share	-2.82	-2.37	-1.65	-1.36	-0.44	-1.25
Filing Date Shares Outstanding	210.74	226.02	228.26	228.26	231.02	201.85
Total Common Shares Outstanding	210.74	226.02	228.26	228.26	231.02	201.85
Working Capital	384.6	324.55	404.08	502.27	537.38	128.73
Book Value Per Share	9.85	8.93	8.45	7.59	7.18	4.46
Tangible Book Value	1,756	1,706	1,667	1,468	1,391	683.95
Tangible Book Value Per Share	8.33	7.55	7.30	6.43	6.02	3.39
Buildings	-	515.94	502.86	304.28	211.05	175.73
Machinery	-	1,132	911.06	760.07	573.86	366.86
Construction In Progress	-	126.62	115.55	310.27	331.75	165.88