SHE:300829 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	154.69	169.81	201.04	205.23	262.31	215.34
Trading Asset Securities	223	102	288	369.9	-	0.04
Cash & Short-Term Investments	377.69	271.81	489.04	575.13	262.31	215.38
Cash Growth	-9.53%	-44.42%	-14.97%	119.25%	21.79%	-32.44%
Accounts Receivable	149.94	146.13	145.66	116.43	139.8	105.34
Other Receivables	7.87	4.93	6.53	5.98	3.31	6.68
Receivables	157.81	151.06	152.19	122.41	143.12	112.02
Inventory	286.06	314.02	303.83	401.94	239.64	245.54
Prepaid Expenses	-	-	-	0.16	0.78	0.68
Other Current Assets	138.08	117.96	65.72	51.84	34.04	54.2
Total Current Assets	959.64	854.86	1,011	1,151	679.88	627.81
Property, Plant & Equipment	2,559	2,489	2,158	1,804	1,583	1,276
Long-Term Investments	17.74	17.74	17.74	17.74	17.74	17.74
Other Intangible Assets	124.42	125.37	122.15	143.84	156.99	140.62
Long-Term Deferred Tax Assets	30.35	30.14	16.53	10.15	14.64	14.11
Long-Term Deferred Charges	0.2	0.39	2.21	3.43	2.79	-
Other Long-Term Assets	11.24	77	134.15	271.26	51.58	104.1
Total Assets	3,702	3,594	3,461	3,402	2,506	2,180
Accounts Payable	190.97	255.32	195.28	242.14	181.51	220
Accrued Expenses	9.04	10.7	15.51	16.25	14.68	14.45
Short-Term Debt	314.88	210.89	284	190	388	295.88
Current Portion of Long-Term Debt	126.14	126.97	297.16	28.58	-	-
Current Portion of Leases	-	-	8.1	22.09	9.75	9.04
Current Income Taxes Payable	8.67	10.91	7.37	2.66	-	0.5
Current Unearned Revenue	28.74	18.04	13.2	13.85	21.31	37.52
Other Current Liabilities	56.48	56.1	31.73	38.25	60.88	40.52
Total Current Liabilities	734.92	688.94	852.36	553.82	676.13	617.91
Long-Term Debt	406.38	387.16	686.15	1,015	175.63	-
Long-Term Leases	6.61	6.55	7.89	23.41	14.95	25.37
Long-Term Unearned Revenue	106.65	92.6	73.68	78.95	66.8	78.13
Long-Term Deferred Tax Liabilities	43.52	44.83	33.85	29.25	30.6	27
Total Liabilities	1,298	1,220	1,654	1,700	964.12	748.4
Common Stock	227.28	227.28	192.25	180.65	180.65	180.65
Additional Paid-In Capital	1,308	1,307	767.66	604.76	604.76	604.78
Retained Earnings	960.61	930.89	825.58	806.7	741.34	622.66
Treasury Stock	-56.74	-56.74	-30.05	-	-	-
Comprehensive Income & Other	0.2	0.41	84.09	112.14	-0.36	-0.58
Total Common Equity	2,439	2,409	1,840	1,704	1,526	1,408
Minority Interest	-35.16	-34.56	-32.2	-3.18	15.83	24.44
Shareholders' Equity	2,404	2,374	1,807	1,701	1,542	1,432
Total Liabilities & Equity	3,702	3,594	3,461	3,402	2,506	2,180
Total Debt	854.01	731.58	1,283	1,279	588.33	330.29
Net Cash (Debt)	-476.32	-459.77	-794.26	-704.02	-326.02	-114.91
Net Cash Per Share	-2.19	-2.20	-4.24	-3.88	-1.80	-0.64
Filing Date Shares Outstanding	228.61	233.75	188.71	180.66	180.65	180.65
Total Common Shares Outstanding	228.61	233.75	190.17	180.65	180.65	180.65
Working Capital	224.72	165.92	158.43	597.65	3.75	9.9
Book Value Per Share	10.67	10.31	9.67	9.43	8.45	7.79
Tangible Book Value	2,315	2,284	1,717	1,560	1,369	1,267
Tangible Book Value Per Share	10.13	9.77	9.03	8.64	7.58	7.01
Buildings	-	-	648.54	630.35	580.46	520.03
Machinery	-	-	1,143	1,116	1,143	965.91
Construction In Progress	-	-	1,031	611.21	355.86	190.31

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