SHE:300863 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	465.53	416.71	492.05	301.45	306.14	421.81
Short-Term Investments	-	-	-	20.26	50.43	-
Trading Asset Securities	-	-	-	-	1.54	15.6
Cash & Short-Term Investments	465.53	416.71	492.05	321.7	358.11	437.41
Cash Growth	-4.19%	-15.31%	52.95%	-10.17%	-18.13%	264.82%
Accounts Receivable	1,422	1,542	1,532	1,190	953.47	770.51
Other Receivables	0.94	0.87	1.64	2.61	1.45	2.27
Receivables	1,422	1,543	1,533	1,193	954.92	772.79
Inventory	769.16	540	443.52	344.32	357.62	330.62
Other Current Assets	206.93	210.84	95.32	35.69	16.67	32.25
Total Current Assets	2,864	2,710	2,564	1,894	1,687	1,573
Property, Plant & Equipment	1,466	1,396	966.97	744.73	540.74	456.68
Other Intangible Assets	146.92	148.26	94.61	84.22	57.27	41.98
Long-Term Deferred Tax Assets	20.02	17.83	18.67	14.34	7.61	10.51
Long-Term Deferred Charges	5.26	5.81	3.99	2.27	1.24	0.3
Other Long-Term Assets	159.67	203.92	98.53	76.35	91.15	69.38
Total Assets	4,822	4,483	3,747	2,816	2,385	2,152
Accounts Payable	136.3	233	383.6	193.91	77.62	190.3
Accrued Expenses	10.26	37.66	21.86	21.48	19.09	18.52
Short-Term Debt	1,786	1,504	1,187	1,304	1,150	978.31
Current Portion of Long-Term Debt	438.57	534.08	224.81	11.01	8.3	-
Current Portion of Leases	-	2.77	2.44	2.33	2.04	-
Current Income Taxes Payable	22.26	3.79	16.36	10.98	6.39	7.87
Current Unearned Revenue	18.05	1.82	3.03	1.32	1.41	5.65
Other Current Liabilities	21.38	4.2	7.41	12.88	25.23	5.44
Total Current Liabilities	2,433	2,321	1,846	1,558	1,290	1,206
Long-Term Debt	835.6	715.6	514.94	-	275.96	265.79
Long-Term Leases	13.27	13.92	16.7	19.14	21.56	0.72
Long-Term Unearned Revenue	25.74	23.33	14.75	15.62	0.52	0.62
Long-Term Deferred Tax Liabilities	26.48	14.93	11.18	13.69	9.38	16.17
Total Liabilities	3,334	3,089	2,404	1,606	1,598	1,489
Common Stock	188.18	188.18	128.48	88.88	55.54	55.23
Additional Paid-In Capital	637.37	637.37	507.78	551.6	287.84	273.58
Retained Earnings	875.36	774.75	695.5	578.29	441.92	318.44
Treasury Stock	-200	-200	-4.33	-8.67	-13	-
Comprehensive Income & Other	-12.19	-6.41	15.68	-	15.25	15.28
Total Common Equity	1,489	1,394	1,343	1,210	787.55	662.53
Shareholders' Equity	1,489	1,394	1,343	1,210	787.55	662.53
Total Liabilities & Equity	4,822	4,483	3,747	2,816	2,385	2,152
Total Debt	3,073	2,770	1,946	1,336	1,458	1,245
Net Cash (Debt)	-2,608	-2,353	-1,454	-1,015	-1,100	-807.41
Net Cash Per Share	-10.15	-9.15	-5.97	-4.24	-4.84	-3.54
Filing Date Shares Outstanding	256.31	256.31	236.82	243.89	243.44	227.33
Total Common Shares Outstanding	256.31	256.31	236.82	243.89	228.59	227.33
Working Capital	431.47	389.38	717.91	336.64	396.95	366.98
Book Value Per Share	5.81	5.44	5.67	4.96	3.45	2.91
Tangible Book Value	1,342	1,246	1,249	1,126	730.27	620.55
Tangible Book Value Per Share	5.24	4.86	5.27	4.62	3.19	2.73
Buildings	-	787.11	709.3	505.94	387.26	252.3
Machinery	-	691.44	467.83	334.34	296.54	242.21
Construction In Progress	-	239.7	51.69	103.49	5.92	99.35