SHE:300839 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	-	466.58	556.91	232.45	93.23
Trading Asset Securities	-	75.93	0.96	205.1	50
Cash & Short-Term Investments	166.58	542.51	557.87	437.55	143.23
Cash Growth	-69.29%	-2.75%	27.50%	205.48%	79.88%
Accounts Receivable	-	-	1	1.14	0.62
Other Receivables	-	131.89	130.68	268.93	277.65
Receivables	-	131.89	131.69	270.07	278.26
Inventory	-	324.53	344.74	392.56	213.36
Other Current Assets	-	59.82	49.07	110.78	76.43
Total Current Assets	-	1,059	1,083	1,211	711.29
Property, Plant & Equipment	-	769.68	920.06	944.48	871.53
Long-Term Investments	-	16.79	13.59	13.17	12.19
Other Intangible Assets	-	288.83	79.69	82.66	84.95
Long-Term Deferred Tax Assets	-	0.85	14	3.34	8.09
Long-Term Deferred Charges	-	-	0.1	4.44	5.23
Other Long-Term Assets	-	0.25	0.4	11.42	18.1
Total Assets	-	2,135	2,111	2,270	1,711
Accounts Payable	-	48.55	140.85	94.08	69.07
Accrued Expenses	-	148.56	131.24	29.26	16.22
Short-Term Debt	-	536.51	489.48	599.99	470.31
Current Portion of Long-Term Debt	-	199.24	68.57	22.44	89.05
Current Portion of Leases	-	29.25	14.38	12.46	6.73
Current Income Taxes Payable	-	1.26	4.05	7.38	0.02
Current Unearned Revenue	-	22.3	46.19	35.97	38.24
Other Current Liabilities	-	14.16	6.37	5.23	5.25
Total Current Liabilities	-	999.83	901.14	806.8	694.91
Long-Term Debt	-	585.87	405.44	393.57	96.44
Long-Term Leases	-	51.85	48.91	46.7	44.17
Long-Term Unearned Revenue	-	20.31	23.44	19.97	21.65
Long-Term Deferred Tax Liabilities	-	0.28	0.92	1.55	0.03
Other Long-Term Liabilities	-	2.91	2.5	-	-
Total Liabilities	-	1,661	1,382	1,269	857.2
Common Stock	-	245.48	245.47	175.76	135.2
Additional Paid-In Capital	-	291.36	291.24	360.8	401.36
Retained Earnings	-	-72.11	234.71	458.57	317.61
Treasury Stock	-	-80.2	-60.15	-10.78	-
Comprehensive Income & Other	-	17.63	17.59	17.55	-
Total Common Equity	753.2	402.16	728.85	1,002	854.18
Minority Interest	-	71.92	-	-	-
Shareholders' Equity	753.2	474.08	728.85	1,002	854.18
Total Liabilities & Equity	-	2,135	2,111	2,270	1,711
Total Debt	826.7	1,403	1,027	1,075	706.7
Net Cash (Debt)	-660.11	-860.21	-468.92	-637.61	-563.47
Net Cash Per Share	-2.58	-3.59	-1.92	-2.60	-2.28
Filing Date Shares Outstanding	278.56	238.65	241.16	245.07	246.06
Total Common Shares Outstanding	288.13	238.65	241.16	245.07	246.06
Working Capital	-	58.9	182.22	404.17	16.38
Book Value Per Share	2.61	1.69	3.02	4.09	3.47
Tangible Book Value	676.89	113.33	649.16	919.24	769.23
Tangible Book Value Per Share	2.35	0.47	2.69	3.75	3.13
Buildings	-	18.91	18.02	18.02	18.02
Machinery	-	998.32	1,058	1,018	854.71
Construction In Progress	-	1.49	0.32	25.79	40.11

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.