SHE:300757 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	325.31	284.43	300.12	238.81	212.08	165.89
Trading Asset Securities	31.99	49.11	15	-	20	80
Cash & Short-Term Investments	357.31	333.53	315.12	238.81	232.08	245.89
Cash Growth	20.10%	5.84%	31.96%	2.90%	-5.62%	52.16%
Accounts Receivable	886.4	986.9	998.81	928.56	685.45	718.14
Other Receivables	5.12	5.82	2.25	1.3	3.55	0.87
Receivables	891.52	992.72	1,001	929.86	689	719.01
Inventory	467.43	410.48	205.17	500.62	509.99	312.98
Other Current Assets	81.8	46.42	51.47	61.97	26.19	32.7
Total Current Assets	1,798	1,783	1,573	1,731	1,457	1,311
Property, Plant & Equipment	361.02	363.81	277.41	293.03	311.49	294.46
Long-Term Investments	147.42	148.05	249.3	239.51	225.85	183.99
Goodwill	994.97	994.97	7.74	7.74	7.74	7.74
Other Intangible Assets	204.04	219.49	57.86	52.64	59.55	66.76
Long-Term Accounts Receivable	-	71.43	163.4	210.86	85.66	104.6
Long-Term Deferred Tax Assets	53.27	48.99	36.54	32.18	33.96	32.85
Long-Term Deferred Charges	0.35	0.07	0.14	0.16	0.79	1.42
Other Long-Term Assets	82.73	11.81	0.06	-	0.08	3.3
Total Assets	3,642	3,642	2,365	2,567	2,182	2,006
Accounts Payable	303.05	366.21	196.98	639.98	569.07	393.26
Accrued Expenses	13.93	23.42	27.71	59.48	51.79	26.98
Short-Term Debt	992.28	918.05	923.3	641.4	493.9	503.09
Current Portion of Long-Term Debt	86.53	86.4	60.08	10.02	-	20.01
Current Portion of Leases	-	4.3	-	0.13	0.02	0.49
Current Income Taxes Payable	12.81	9.62	0.6	2.43	2.24	1.15
Current Unearned Revenue	179.49	157.43	98.81	204.17	151.2	137.58
Other Current Liabilities	63.53	65.51	13.87	9.48	13.72	17.98
Total Current Liabilities	1,652	1,631	1,321	1,567	1,282	1,101
Long-Term Debt	336.11	303.27	39	20.02	30.02	60.06
Long-Term Leases	11.89	13.46	-	0.01	-	0.02
Long-Term Unearned Revenue	1.1	1.1	-	-	-	-
Long-Term Deferred Tax Liabilities	17.62	21.96	-	-	-	-
Total Liabilities	2,018	1,971	1,360	1,587	1,312	1,161
Common Stock	167.61	167.61	155.04	110.39	110.53	110.28
Additional Paid-In Capital	1,248	1,248	523.1	571.61	540.17	532.93
Retained Earnings	217.38	256.2	330.19	294.45	228.38	202.23
Treasury Stock	-	-	-2.97	-3.27	-7.5	-
Comprehensive Income & Other	-7.57	1.38	2.22	9.12	0.04	0.27
Total Common Equity	1,626	1,673	1,008	982.3	871.62	845.71
Minority Interest	-2.14	-2.35	-2.64	-2.04	-1.19	-0.61
Shareholders' Equity	1,624	1,671	1,005	980.27	870.43	845.1
Total Liabilities & Equity	3,642	3,642	2,365	2,567	2,182	2,006
Total Debt	1,427	1,325	1,022	671.58	523.94	583.67
Net Cash (Debt)	-1,070	-991.95	-707.26	-432.77	-291.86	-337.78
Net Cash Per Share	-6.45	-6.12	-4.54	-2.81	-1.91	-2.26
Filing Date Shares Outstanding	167.61	167.61	155.04	154.54	154.74	154.39
Total Common Shares Outstanding	167.61	167.61	155.04	154.54	154.74	154.39
Working Capital	146.44	152.23	251.47	164.18	175.32	210.04
Book Value Per Share	9.70	9.98	6.50	6.36	5.63	5.48
Tangible Book Value	426.64	458.96	941.98	921.92	804.33	771.2
Tangible Book Value Per Share	2.55	2.74	6.08	5.97	5.20	5.00
Land	-	255.65	250.82	-	-	-
Buildings	-	-	-	250.82	250.68	218.23
Machinery	-	119.35	99.74	99.94	101.06	99.6
Construction In Progress	-	97.11	27.36	21.65	20.49	11.98
Order Backlog	-	2,187	-	-	-	-

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