SHE:300779 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	1,009	218.47	284.15	425.63	135.59	224.45
Trading Asset Securities	50.09	49.64	25.48	5.72	1.81	30
Cash & Short-Term Investments	1,059	268.11	309.63	431.36	137.4	254.45
Cash Growth	155.65%	-13.41%	-28.22%	213.94%	-46.00%	70.38%
Accounts Receivable	713.58	607.93	308.77	237.09	212.45	101.97
Other Receivables	37.57	37.34	26.89	19.34	21.26	20.63
Receivables	751.15	645.27	335.66	256.43	233.71	122.6
Inventory	609.78	595.9	376.19	193.57	106.84	85.09
Prepaid Expenses	-	0.37	0.36	0.22	-	-
Other Current Assets	204.43	161.23	151.14	59.17	89.39	34.83
Total Current Assets	2,624	1,671	1,173	940.75	567.34	496.96
Property, Plant & Equipment	4,043	3,972	3,208	1,991	1,753	823.17
Long-Term Investments	26.07	27.16	27.07	24.45	28.43	29.58
Goodwill	1.75	1.75	1.75	1.75	1.75	1.75
Other Intangible Assets	403.12	333.2	330.11	172.63	110.69	112.3
Long-Term Accounts Receivable	-	-	2.4	3.3	4.8	17
Long-Term Deferred Tax Assets	26.35	24.5	21.72	13.88	6.68	3.92
Long-Term Deferred Charges	11.92	9.42	8.46	3.89	0.1	-
Other Long-Term Assets	148.46	117.37	166.38	134.06	86.9	126.44
Total Assets	7,285	6,156	4,939	3,286	2,560	1,611
Accounts Payable	381.64	366.39	295.39	158.02	170.98	144.82
Accrued Expenses	17.28	25.31	30.02	17.51	12.18	9.99
Short-Term Debt	394.88	339.57	272.79	133.63	158.18	55.06
Current Portion of Long-Term Debt	917.95	669.13	261.93	114.67	75.87	2.7
Current Portion of Leases	-	0.8	2.24	68.76	37.86	22.05
Current Income Taxes Payable	11.69	6.67	0.46	0.34	2.07	0.26
Current Unearned Revenue	6.4	4.15	12.55	1.93	11.34	0.13
Other Current Liabilities	652.08	678.06	747.12	276.92	327.89	104.19
Total Current Liabilities	2,382	2,090	1,623	771.79	796.38	339.21
Long-Term Debt	2,141	2,203	1,622	1,037	917.76	501.99
Long-Term Leases	115.35	72.78	36.37	76.26	51.48	9.96
Long-Term Unearned Revenue	168.88	156.02	145.78	31.6	29.68	32.75
Long-Term Deferred Tax Liabilities	0.55	0.53	0.49	0	-	-
Other Long-Term Liabilities	-	1.1	1	-	-	-
Total Liabilities	4,808	4,523	3,428	1,917	1,795	883.91
Common Stock	211.35	200.9	196.04	137.66	102.42	100
Additional Paid-In Capital	1,726	900	842.68	848.95	442.03	400.08
Retained Earnings	366.16	364.03	325.04	303.69	165.18	167.71
Treasury Stock	-60.12	-60.12	-45.53	-	-	-
Comprehensive Income & Other	14.96	14.63	23.28	29.18	52.53	59.42
Total Common Equity	2,259	1,419	1,342	1,319	762.16	727.2
Minority Interest	217.9	214	169.83	49.56	2.04	-
Shareholders' Equity	2,477	1,633	1,511	1,369	764.21	727.2
Total Liabilities & Equity	7,285	6,156	4,939	3,286	2,560	1,611
Total Debt	3,570	3,285	2,195	1,430	1,241	591.77
Net Cash (Debt)	-2,511	-3,017	-1,885	-998.91	-1,104	-337.32
Net Cash Per Share	-12.30	-15.48	-14.32	-5.63	-6.38	-2.26
Filing Date Shares Outstanding	210.14	199.8	194.84	193.89	143.39	140
Total Common Shares Outstanding	210.14	199.7	194.99	192.73	143.39	140
Working Capital	242.28	-419.19	-449.53	168.96	-229.04	157.75
Book Value Per Share	10.75	7.11	6.88	6.85	5.32	5.19
Tangible Book Value	1,854	1,084	1,010	1,145	649.73	613.16
Tangible Book Value Per Share	8.82	5.43	5.18	5.94	4.53	4.38
Buildings	-	1,107	1,002	667.62	320.45	229.81
Machinery	-	1,615	1,549	1,485	378.62	275.66
Construction In Progress	-	1,923	1,146	167.12	1,259	505.05

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