SHE:300839 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	Dec '21 Dec 31, 2021
Cash & Equivalents	395.96	92.6	466.58	556.91	232.45	93.23
Trading Asset Securities	3.71	50	75.93	0.96	205.1	50
Cash & Short-Term Investments	399.67	142.6	542.51	557.87	437.55	143.23
Cash Growth	10.16%	-73.72%	-2.75%	27.50%	205.48%	79.88%
Accounts Receivable	91.72	118.33	-	1	1.14	0.62
Other Receivables	1.16	0.84	131.89	130.68	268.93	277.65
Receivables	92.89	119.17	131.89	131.69	270.07	278.26
Inventory	518.48	370.42	324.53	344.74	392.56	213.36
Other Current Assets	88.12	64.85	59.82	49.07	110.78	76.43
Total Current Assets	1,099	697.05	1,059	1,083	1,211	711.29
Property, Plant & Equipment	918.14	955.15	769.68	920.06	944.48	871.53
Long-Term Investments	17.34	17.73	16.79	13.59	13.17	12.19
Other Intangible Assets	75.21	75.76	288.83	79.69	82.66	84.95
Long-Term Deferred Tax Assets	0.48	0.58	0.85	14	3.34	8.09
Long-Term Deferred Charges	-	-	-	0.1	4.44	5.23
Other Long-Term Assets	0.8	1.16	0.25	0.4	11.42	18.1
Total Assets	2,111	1,747	2,135	2,111	2,270	1,711
Accounts Payable	103.09	43.2	48.55	140.85	94.08	69.07
Accrued Expenses	7.93	11.97	148.56	131.24	29.26	16.22
Short-Term Debt	582.92	404.1	536.51	489.48	599.99	470.31
Current Portion of Long-Term Debt	284	305.5	199.24	68.57	22.44	89.05
Current Portion of Leases	-	-	29.25	14.38	12.46	6.73
Current Income Taxes Payable	20.78	6.82	1.26	4.05	7.38	0.02
Current Unearned Revenue	39.47	33.85	22.3	46.19	35.97	38.24
Other Current Liabilities	5.13	5.07	14.16	6.37	5.23	5.25
Total Current Liabilities	1,043	810.5	999.83	901.14	806.8	694.91
Long-Term Debt	213.97	130.13	585.87	405.44	393.57	96.44
Long-Term Leases	31.48	30.1	51.85	48.91	46.7	44.17
Long-Term Unearned Revenue	16.4	17.18	20.31	23.44	19.97	21.65
Long-Term Deferred Tax Liabilities	0.03	0.03	0.28	0.92	1.55	0.03
Other Long-Term Liabilities	-	-	2.91	2.5	-	-
Total Liabilities	1,305	987.93	1,661	1,382	1,269	857.2
Common Stock	294.96	294.96	245.48	245.47	175.76	135.2
Additional Paid-In Capital	675.47	675.47	291.36	291.24	360.8	401.36
Retained Earnings	-84	-130.75	-72.11	234.71	458.57	317.61
Treasury Stock	-80.2	-80.2	-80.2	-60.15	-10.78	-
Comprehensive Income & Other	-0.3	0.01	17.63	17.59	17.55	-
Total Common Equity	805.94	759.5	402.16	728.85	1,002	854.18
Minority Interest	-	-	71.92	-	-	-
Shareholders' Equity	805.94	759.5	474.08	728.85	1,002	854.18
Total Liabilities & Equity	2,111	1,747	2,135	2,111	2,270	1,711
Total Debt	1,112	869.82	1,403	1,027	1,075	706.7
Net Cash (Debt)	-712.7	-727.22	-860.21	-468.92	-637.61	-563.47
Net Cash Per Share	-2.65	-2.85	-3.59	-1.92	-2.60	-2.28
Filing Date Shares Outstanding	292.2	274.54	238.65	241.16	245.07	246.06
Total Common Shares Outstanding	292.2	274.54	238.65	241.16	245.07	246.06
Working Capital	55.83	-113.45	58.9	182.22	404.17	16.38
Book Value Per Share	2.76	2.77	1.69	3.02	4.09	3.47
Tangible Book Value	730.73	683.73	113.33	649.16	919.24	769.23
Tangible Book Value Per Share	2.50	2.49	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

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