SHE:300806 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	429.4	329.99	194.91	370.96	768.38	523.82
Trading Asset Securities	-	4.09	-	-	-	1
Cash & Short-Term Investments	429.4	334.07	194.91	370.96	768.38	524.82
Cash Growth	87.56%	71.40%	-47.46%	-51.72%	46.41%	1.95%
Accounts Receivable	1,499	1,353	1,436	975.34	836.83	718.23
Other Receivables	19.28	23.08	15.08	11.75	0.13	1.87
Receivables	1,518	1,376	1,451	987.09	836.96	720.1
Inventory	1,035	945.62	748.06	653.46	459.48	342.62
Other Current Assets	166.36	128.4	135.24	158.28	119.68	123.18
Total Current Assets	3,149	2,784	2,529	2,170	2,185	1,711
Property, Plant & Equipment	4,295	4,270	4,576	4,566	3,902	2,334
Long-Term Investments	114.74	99.46	120.62	99.08	58.35	13.89
Other Intangible Assets	214.77	169.1	174.2	177.73	182.27	186.6
Long-Term Deferred Tax Assets	198.04	191.9	163.32	139.89	104.93	88.5
Long-Term Deferred Charges	0.42	0.55	2.44	3.81	1.11	0.73
Other Long-Term Assets	84.87	116.14	74.21	63.22	239.63	256.54
Total Assets	8,057	7,632	7,640	7,219	6,673	4,591
Accounts Payable	585.23	590.79	674.7	585.93	538.77	516.78
Accrued Expenses	25.12	25.17	33.33	30.08	21.8	25.82
Short-Term Debt	1,616	1,320	1,304	897.75	976.42	991.05
Current Portion of Long-Term Debt	845.66	639	468.04	816.96	213.61	10.09
Current Portion of Leases	-	-	92.3	27.7	39.56	43.28
Current Income Taxes Payable	13.41	19.48	7.21	13.68	8.13	49.7
Current Unearned Revenue	12.61	7.58	8.64	8.21	28.92	7.76
Other Current Liabilities	212.5	90.54	105.55	83.22	20.44	30.75
Total Current Liabilities	3,310	2,693	2,694	2,464	1,848	1,675
Long-Term Debt	1,436	1,690	1,923	1,899	2,059	930.73
Long-Term Leases	5.61	4.78	70.32	18.69	42.78	3.65
Long-Term Unearned Revenue	653.48	670.19	735.22	660.77	565.02	487.15
Long-Term Deferred Tax Liabilities	-	-	-	-	0.33	-
Other Long-Term Liabilities	27.48	49.49	-	-	-	-
Total Liabilities	5,433	5,108	5,422	5,042	4,515	3,097
Common Stock	453.3	453.3	453.3	453.3	324.01	189.93
Additional Paid-In Capital	826.51	811.25	779.62	782.32	910.87	538.32
Retained Earnings	1,091	1,075	1,020	973.68	937.04	791.7
Treasury Stock	-34.99	-34.99	-34.99	-33.2	-15.61	-27.49
Comprehensive Income & Other	-0.74	-0.34	-0.13	-0.27	-0.6	-1.49
Total Common Equity	2,335	2,305	2,217	2,176	2,156	1,491
Minority Interest	288.93	219.62	0.09	1.91	1.93	2.91
Shareholders' Equity	2,624	2,524	2,217	2,178	2,158	1,494
Total Liabilities & Equity	8,057	7,632	7,640	7,219	6,673	4,591
Total Debt	3,903	3,654	3,858	3,660	3,332	1,979
Net Cash (Debt)	-3,474	-3,320	-3,663	-3,289	-2,563	-1,454
Net Cash Per Share	-7.38	-7.15	-8.01	-7.04	-5.95	-3.41
Filing Date Shares Outstanding	507.6	498.85	451.08	453.3	453.62	425.43
Total Common Shares Outstanding	507.6	498.85	451.08	453.3	453.62	425.43
Working Capital	-161.53	91.55	-164.38	-293.73	336.86	35.5
Book Value Per Share	4.60	4.62	4.92	4.80	4.75	3.50
Tangible Book Value	2,120	2,135	2,043	1,998	1,973	1,304
Tangible Book Value Per Share	4.18	4.28	4.53	4.41	4.35	3.07
Buildings	-	-	2,411	1,999	1,063	580.63
Machinery	-	-	3,245	2,420	1,375	886.29
Construction In Progress	-	-	167.62	1,031	2,102	1,239

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