SHE:300731 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	226.89	194.58	123.59	158.18	172.79	162.75
Short-Term Investments	-	-	20.18	-	-	-
Trading Asset Securities	19.32	17.32	18.99	17.64	23.43	69.83
Cash & Short-Term Investments	246.21	211.9	162.75	175.82	196.22	232.59
Cash Growth	43.04%	30.20%	-7.43%	-10.40%	-15.63%	-1.57%
Accounts Receivable	419.58	450.42	371.67	196.55	179.25	155.76
Other Receivables	6.31	7.3	31.8	60.58	11.31	26.74
Receivables	425.89	457.72	403.47	257.13	190.56	182.5
Inventory	150.41	135.57	146.56	109.58	88.77	93.26
Other Current Assets	13.38	5.22	5.66	4.66	3.73	8.84
Total Current Assets	835.88	810.42	718.44	547.18	479.27	517.19
Property, Plant & Equipment	227.35	233.99	244.78	188.21	178.64	150.44
Long-Term Investments	136.22	137.06	137.05	117.11	135.29	131.29
Goodwill	81.17	81.17	91.24	106.55	111.43	118.46
Other Intangible Assets	7.58	8.15	13.77	15.61	17.18	20.6
Long-Term Deferred Tax Assets	35.3	34.93	17.42	19.44	7.83	4.27
Long-Term Deferred Charges	12.31	13.02	16.98	11.27	8.04	9.69
Other Long-Term Assets	4.9	5.39	6.15	5.96	10	10.74
Total Assets	1,341	1,324	1,246	1,011	947.68	962.68
Accounts Payable	214.22	272.32	278.8	144.38	87.23	72.24
Accrued Expenses	14.25	36.38	34.8	26.47	30.28	20.64
Short-Term Debt	309.31	220.08	111.8	69.74	45.21	84.27
Current Portion of Long-Term Debt	32.16	5.61	8.53	7.23	5.96	9.31
Current Portion of Leases	-	22.53	25.29	19.65	18.08	14.98
Current Income Taxes Payable	2.07	1.29	1.03	0.95	1.56	1.41
Current Unearned Revenue	3.66	4.74	2.24	2.36	3.42	1.69
Other Current Liabilities	38.3	18.66	17.68	15.84	14.82	10.11
Total Current Liabilities	613.96	581.62	480.17	286.62	206.55	214.66
Long-Term Debt	-	9.7	15.65	13.4	44.85	64.4
Long-Term Leases	33.9	40.1	69.69	51.37	61.78	61.31
Long-Term Unearned Revenue	3.43	3.67	3.03	2.72	2.36	5.25
Long-Term Deferred Tax Liabilities	9.57	10.68	13.98	11.39	2.91	2.86
Total Liabilities	660.86	645.77	582.52	365.5	318.44	348.48
Common Stock	126.63	126.43	126.43	126.43	126.43	125.09
Additional Paid-In Capital	359.66	351.33	351.33	369.05	391.02	344.01
Retained Earnings	146.81	149.81	124.31	119.68	94.22	120.83
Treasury Stock	-5.89	-	-	-	-	-7.77
Comprehensive Income & Other	-8.88	-9.08	-0.03	-1.07	-0.09	-0.2
Total Common Equity	618.33	618.49	602.04	614.09	611.58	581.96
Minority Interest	61.52	59.88	61.28	31.74	17.67	32.23
Shareholders' Equity	679.85	678.37	663.32	645.83	629.25	614.2
Total Liabilities & Equity	1,341	1,324	1,246	1,011	947.68	962.68
Total Debt	375.37	298.03	230.95	161.4	175.88	234.27
Net Cash (Debt)	-129.15	-86.13	-68.2	14.42	20.35	-1.69
Net Cash Growth	-	-	-	-29.11%	-	-
Net Cash Per Share	-0.97	-0.68	-0.55	0.11	0.16	-0.01
Filing Date Shares Outstanding	149.9	126.63	126.43	126.43	126.43	125.09
Total Common Shares Outstanding	149.9	126.43	126.43	126.43	126.43	125.09
Working Capital	221.92	228.8	238.27	260.56	272.73	302.53
Book Value Per Share	4.12	4.89	4.76	4.86	4.84	4.65
Tangible Book Value	529.58	529.17	497.03	491.93	482.97	442.9
Tangible Book Value Per Share	3.53	4.19	3.93	3.89	3.82	3.54
Machinery	-	257	226.59	176.67	131.48	121.77
Construction In Progress	-	12.34	10.93	7.86	29.52	-

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