SHE:300889 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	413.81	428.39	512.38	522.63	580.52	1,044
Trading Asset Securities	48.76	41.19	48.85	10.65	10.31	240.27
Cash & Short-Term Investments	462.57	469.58	561.23	533.29	590.84	1,285
Cash Growth	8.78%	-16.33%	5.24%	-9.74%	-54.01%	6.81%
Accounts Receivable	905.12	896.72	803.35	982.56	920.18	809.13
Other Receivables	23.12	23.01	45.08	20.72	9.22	7.41
Receivables	928.24	919.73	848.42	1,003	929.4	816.55
Inventory	333.43	329.09	266.87	260.22	235.39	183.27
Other Current Assets	57.84	63.16	51.87	51.83	44.62	20.83
Total Current Assets	1,782	1,782	1,728	1,849	1,800	2,305
Property, Plant & Equipment	626.41	630.74	570.83	643.52	620.33	290.2
Long-Term Investments	25.46	25.46	10.55	12.28	3	-
Goodwill	168.78	168.78	40.43	98.96	113.12	-
Other Intangible Assets	134.2	137.86	43.94	51.29	41.92	15.78
Long-Term Deferred Tax Assets	72.26	63.65	43.05	47.13	44.4	17.97
Long-Term Deferred Charges	47.97	51.31	48.69	23.34	10.72	9.59
Other Long-Term Assets	80.25	76.53	37.59	25.35	24.81	20.8
Total Assets	2,937	2,936	2,523	2,750	2,659	2,660
Accounts Payable	478.01	527.04	373.7	430.81	519.48	776.18
Accrued Expenses	13.27	38.48	47.57	45.84	34.68	40.39
Short-Term Debt	387.59	321.99	254.17	161.07	64.36	81.07
Current Portion of Long-Term Debt	41.54	27.54	6.73	24.76	6.69	-
Current Portion of Leases	-	7.64	9.5	14.87	17.85	24.9
Current Income Taxes Payable	8.44	4.84	1.46	14.44	1.56	0.13
Current Unearned Revenue	39.85	47.37	27.17	25.81	26.09	21.29
Other Current Liabilities	378.77	404.58	232.08	231.72	239.66	34.7
Total Current Liabilities	1,347	1,379	952.39	949.31	910.36	978.67
Long-Term Debt	45.27	37	26.74	93.71	18.71	-
Long-Term Leases	7.04	4.87	16.29	43.52	81.86	95.79
Long-Term Unearned Revenue	0.22	-	-	-	-	-
Long-Term Deferred Tax Liabilities	28.25	23	4.43	21.57	24.95	0.04
Other Long-Term Liabilities	1.96	2.58	2.78	2.47	6	20.12
Total Liabilities	1,430	1,447	1,003	1,111	1,042	1,095
Common Stock	220.23	220.23	156	156	156	156
Additional Paid-In Capital	953.23	944.08	988.34	988.34	988.34	988.34
Retained Earnings	264.68	282.75	359.99	472.09	447.13	415.86
Treasury Stock	-22.14	-22.14	-11.5	-11.5	-	-
Comprehensive Income & Other	-0.34	-28.5	-0.74	-0.6	-0.48	0.02
Total Common Equity	1,416	1,396	1,492	1,604	1,591	1,560
Minority Interest	91.54	92.54	28.74	35.59	25.66	4.76
Shareholders' Equity	1,507	1,489	1,521	1,640	1,617	1,565
Total Liabilities & Equity	2,937	2,936	2,523	2,750	2,659	2,660
Total Debt	481.44	399.03	313.44	337.93	189.48	201.76
Net Cash (Debt)	-18.87	70.55	247.79	195.35	401.36	1,083
Net Cash Growth	-	-71.53%	26.84%	-51.33%	-62.93%	-7.38%
Net Cash Per Share	-0.08	0.33	1.14	0.90	1.84	4.96
Filing Date Shares Outstanding	218.01	214.98	217.23	217.23	218.4	218.4
Total Common Shares Outstanding	218.01	214.98	217.23	217.23	218.4	218.4
Working Capital	434.62	402.09	775.99	899.32	889.87	1,327
Book Value Per Share	6.49	6.50	6.87	7.39	7.28	7.14
Tangible Book Value	1,113	1,090	1,408	1,454	1,436	1,544
Tangible Book Value Per Share	5.10	5.07	6.48	6.69	6.57	7.07
Buildings	-	539.16	454.55	458.28	295.97	18.58
Machinery	-	314.32	174.96	157.52	150.12	85.17
Construction In Progress	-	5.03	2.95	66.26	152.78	107.89

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