SHE:300891 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	284.21	246.95	177.99	320.34	553.01	324.4
Short-Term Investments	-	58.31	-	-	-	-
Trading Asset Securities	0.18	0.05	-	-	51.74	20
Cash & Short-Term Investments	284.38	305.31	177.99	320.34	604.75	344.4
Cash Growth	62.39%	71.53%	-44.44%	-47.03%	75.60%	4.14%
Accounts Receivable	458.74	418.47	356.66	374.26	327.27	356.72
Other Receivables	35.97	31.05	5.63	3.53	7.93	0.83
Receivables	494.71	449.53	362.29	377.79	335.21	357.55
Inventory	293.6	357.41	385.3	262.25	361.41	266.45
Other Current Assets	165.96	30.27	37.76	76.22	66.12	34.65
Total Current Assets	1,239	1,143	963.34	1,037	1,367	1,003
Property, Plant & Equipment	1,656	1,682	1,654	1,363	925.69	660.76
Long-Term Investments	28.4	84.42	3.49	-	-	-
Other Intangible Assets	152.52	153.35	126.85	130.69	95.15	90.75
Long-Term Deferred Tax Assets	34.35	32.86	18.18	15.94	20.74	2.7
Long-Term Deferred Charges	0.04	0.04	-	-	-	-
Other Long-Term Assets	24.08	18.37	19.23	68.65	38.83	63.22
Total Assets	3,134	3,114	2,785	2,615	2,448	1,820
Accounts Payable	330.68	284.91	201.26	225.31	176.41	127.65
Accrued Expenses	8.03	21.5	16.9	20.61	16.75	16.98
Short-Term Debt	415.51	485.18	400.83	344.79	298.36	193.05
Current Portion of Long-Term Debt	63.19	59.2	40.07	13.84	0.59	0.2
Current Portion of Leases	-	0.15	1.27	-	-	-
Current Income Taxes Payable	9.39	0.05	0.04	1.43	3.26	4.43
Current Unearned Revenue	31.86	32.03	26.15	13.34	31.81	20.42
Other Current Liabilities	146.58	124.38	131.46	131.17	121.78	126.3
Total Current Liabilities	1,005	1,007	817.98	750.48	648.95	489.04
Long-Term Debt	811.16	781.11	600.57	461.15	424.91	9.74
Long-Term Leases	1.5	1.57	1.35	-	-	-
Long-Term Unearned Revenue	8.38	8.95	11.16	11.52	13.42	15.78
Long-Term Deferred Tax Liabilities	2.99	4.26	7.32	12.06	17.69	0.54
Total Liabilities	1,829	1,803	1,438	1,235	1,105	515.1
Common Stock	400.01	400.01	400.01	400	400	400
Additional Paid-In Capital	383.79	383.42	382.7	381.02	381	381
Retained Earnings	442.51	450.11	516.69	524.22	491.19	517.02
Treasury Stock	-20.01	-20.01	-20.01	-	-	-
Comprehensive Income & Other	67.84	67.21	67.53	71.65	70.55	7.35
Total Common Equity	1,274	1,281	1,347	1,377	1,343	1,305
Minority Interest	30.58	29.67	-	2.43	0.19	-
Shareholders' Equity	1,305	1,310	1,347	1,379	1,343	1,305
Total Liabilities & Equity	3,134	3,114	2,785	2,615	2,448	1,820
Total Debt	1,291	1,327	1,044	819.78	723.85	203
Net Cash (Debt)	-1,007	-1,022	-866.1	-499.43	-119.1	141.4
Net Cash Growth	-	-	-	-	-	-45.50%
Net Cash Per Share	-2.57	-2.61	-1.96	-1.22	-0.34	0.35
Filing Date Shares Outstanding	397.37	397.37	397.37	399.75	400	400
Total Common Shares Outstanding	397.37	397.37	397.37	400	400	400
Working Capital	233.43	135.13	145.36	286.12	718.53	514.01
Book Value Per Share	3.04	3.06	3.22	3.28	3.19	3.26
Tangible Book Value	1,122	1,127	1,220	1,246	1,248	1,215
Tangible Book Value Per Share	2.66	2.67	2.90	2.95	2.95	3.04
Buildings	-	990.99	881.89	610.66	463.21	406.44
Machinery	-	1,271	939.96	855.65	737.1	671.29
Construction In Progress	-	228.51	546.95	533.57	300.27	109.7

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