SHE:300715 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	596.87	549.7	680.57	1,787	1,620	1,532
Trading Asset Securities	45.6	56.4	-	-	-	-
Cash & Short-Term Investments	642.48	606.1	680.57	1,787	1,620	1,532
Cash Growth	43.79%	-10.94%	-61.91%	10.28%	5.79%	144.92%
Accounts Receivable	1,693	1,735	1,857	2,204	2,069	2,122
Other Receivables	120.49	116.87	129.94	163.25	263.11	279.69
Receivables	1,814	1,852	1,987	2,367	2,332	2,402
Inventory	396.05	331.54	112.23	133.11	142.88	228.69
Prepaid Expenses	-	38.1	38.02	40.29	31.65	45.85
Other Current Assets	221.59	97.36	69.73	115.91	112.06	120.3
Total Current Assets	3,074	2,925	2,887	4,443	4,239	4,328
Property, Plant & Equipment	1,224	1,249	1,344	1,494	1,367	979.51
Long-Term Investments	25.57	26.13	26.06	26.14	26.1	12.4
Goodwill	360.89	360.89	-	-	-	-
Other Intangible Assets	203.7	207.05	140.56	144.39	149.25	153.93
Long-Term Deferred Tax Assets	278.42	280.54	252.23	141.92	101.26	61.72
Long-Term Deferred Charges	5.42	5.84	3.93	4.63	0.21	0.32
Other Long-Term Assets	484.21	519.37	421.99	270.55	259.21	91.76
Total Assets	5,656	5,574	5,076	6,524	6,142	5,628

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
Accounts Payable	782.77	908.66	755.55	1,014	878.32	955.48
Accrued Expenses	19.56	92.7	129.16	129.54	129.03	188.91
Short-Term Debt	996.61	930.72	882.43	1,100	1,182	695.55
Current Portion of Long-Term Debt	119.51	106.14	219.44	318.09	180.77	81.61
Current Portion of Leases	-	5.52	3.24	3.19	5.57	4.24
Current Income Taxes Payable	65.17	6.32	3.08	7.3	3.37	18.97
Current Unearned Revenue	384.27	276.84	174.95	86.25	103.92	87.95
Other Current Liabilities	244.82	162.2	207.76	196.91	168.38	109.33
Total Current Liabilities	2,613	2,489	2,376	2,855	2,652	2,142
Long-Term Debt	1,054	1,013	861.3	1,179	1,063	604.2
Long-Term Leases	1.46	1.03	1.05	1.15	3.97	2.99
Long-Term Unearned Revenue	38.14	48.21	51.49	54.53	52.03	42.72
Long-Term Deferred Tax Liabilities	20.08	12.71	0.01	0.15	-	-
Other Long-Term Liabilities	85.8	0.22	0.22	0.98	3.87	18.76
Total Liabilities	3,812	3,564	3,290	4,091	3,775	2,811

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
Common Stock	378.06	378.06	378.06	384.91	384.91	389.92
Additional Paid-In Capital	1,862	1,955	1,887	1,980	1,942	1,953
Retained Earnings	-390.26	-404.75	-425.15	161.77	139.13	525.8
Treasury Stock	-94.95	-63.47	-63.47	-101.23	-101.23	-54.19
Total Common Equity	1,755	1,865	1,777	2,425	2,365	2,815
Minority Interest	88.28	145.05	9.77	8.22	2.39	2.33
Shareholders' Equity	1,844	2,010	1,786	2,433	2,367	2,817
Total Liabilities & Equity	5,656	5,574	5,076	6,524	6,142	5,628

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
Total Debt	2,172	2,057	1,967	2,601	2,436	1,389
Net Cash (Debt)	-1,529	-1,450	-1,287	-814.61	-815.39	143.03
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.40	-4.27	-3.46	-2.16	-2.15	0.40
Filing Date Shares Outstanding	362.32	370.27	370.27	378.06	378.06	389.92
Total Common Shares Outstanding	362.32	370.27	370.27	378.06	378.06	389.92
Working Capital	461.09	435.99	511.63	1,588	1,587	2,186
Book Value Per Share	4.84	5.04	4.80	6.41	6.26	7.22
Tangible Book Value	1,191	1,297	1,636	2,281	2,216	2,661
Tangible Book Value Per Share	3.29	3.50	4.42	6.03	5.86	6.82
Buildings	-	957.77	956.59	1,008	558.89	495.91
Machinery	-	804.9	781.46	756.42	663.55	473.98
Construction In Progress	-	0.84	4.24	22.25	343.74	138.54