SHE:300855 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	171.51	170.11	312.96	218.22	412.28	208.1
Trading Asset Securities	-	-	-	-	120.38	281.47
Cash & Short-Term Investments	171.51	170.11	312.96	218.22	532.66	489.57
Cash Growth	-50.43%	-45.65%	43.42%	-59.03%	8.80%	-9.20%
Accounts Receivable	500.18	394.65	388.19	410.52	232.93	104.62
Other Receivables	1.69	4.7	2.67	0.57	0.55	2.55
Receivables	501.87	399.35	390.86	411.09	233.48	107.17
Inventory	1,416	1,112	541.26	462.37	394.95	319.79
Prepaid Expenses	-	-	0.46	-	-	-
Other Current Assets	90.93	70.9	5.32	21.63	20.42	4.03
Total Current Assets	2,181	1,752	1,251	1,113	1,182	920.56
Property, Plant & Equipment	1,036	1,041	895.31	825.33	468.9	249.25
Long-Term Investments	89.51	89.51	87.73	107.86	85.6	40
Other Intangible Assets	86.85	79.16	70.2	72.3	52.87	54.22
Long-Term Deferred Tax Assets	33.51	41.91	17.86	12.53	12.16	11.3
Long-Term Deferred Charges	0.18	0.37	1.15	1.82	-	-
Other Long-Term Assets	16.95	6.62	12.03	55.82	85.35	92.01
Total Assets	3,444	3,010	2,335	2,189	1,886	1,367
Accounts Payable	826.31	473.79	194.09	204.75	152.66	39.04
Accrued Expenses	8.53	11.55	14.15	11.69	9.99	8.16
Short-Term Debt	19.27	-	-	-	104.11	25.02
Current Portion of Long-Term Debt	31.78	34.73	6	0.08	-	-
Current Portion of Leases	-	-	-	-	1.33	-
Current Income Taxes Payable	13.77	5.75	9.33	10.43	3.07	18.58
Current Unearned Revenue	14.57	46.66	9.92	8.54	71.58	9.56
Other Current Liabilities	10.45	15.26	1.65	1.71	9.92	1.96
Total Current Liabilities	924.67	587.74	235.14	237.2	352.65	102.31
Long-Term Debt	352.03	352.03	117.13	80	-	-
Long-Term Leases	25.24	23.95	-	-	1.18	-
Long-Term Unearned Revenue	27.8	28.79	33.18	37.07	37.7	38.9
Long-Term Deferred Tax Liabilities	10.67	10.77	4.75	6.36	6.72	0.22
Total Liabilities	1,340	1,003	390.2	360.63	398.25	141.43
Common Stock	395.53	395.53	395.53	395.31	302.01	200
Additional Paid-In Capital	492.93	492.93	489.53	485.5	539.07	594.32
Retained Earnings	1,207	1,111	1,055	946.05	646.12	431.58
Comprehensive Income & Other	8.19	7.15	4.96	1.47	0.93	-
Shareholders' Equity	2,104	2,007	1,945	1,828	1,488	1,226
Total Liabilities & Equity	3,444	3,010	2,335	2,189	1,886	1,367
Total Debt	428.31	410.71	123.13	80.08	106.62	25.02
Net Cash (Debt)	-256.8	-240.6	189.83	138.13	426.04	464.55
Net Cash Growth	-	-	37.42%	-67.58%	-8.29%	-13.84%
Net Cash Per Share	-0.64	-0.60	0.48	0.35	1.09	1.18
Filing Date Shares Outstanding	398.17	398.87	395.53	395.31	392.61	390
Total Common Shares Outstanding	398.17	398.87	395.53	395.31	392.61	390
Working Capital	1,256	1,164	1,016	876.11	828.85	818.25
Book Value Per Share	5.28	5.03	4.92	4.63	3.79	3.14
Tangible Book Value	2,017	1,928	1,875	1,756	1,435	1,172
Tangible Book Value Per Share	5.06	4.83	4.74	4.44	3.66	3.00
Buildings	-	-	412.21	365.44	202.97	163.16
Machinery	-	-	827.4	688.22	534.54	358.56
Construction In Progress	-	-	121.08	168.23	82.01	53.51

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