SHE:300893 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	120.38	101.39	239.74	108.52	108.11	104.61
Trading Asset Securities	-	-	0.41	0.51	0.73	61.57
Cash & Short-Term Investments	120.38	101.39	240.14	109.03	108.85	166.18
Cash Growth	-41.93%	-57.78%	120.25%	0.17%	-34.50%	-18.37%
Accounts Receivable	1,207	1,208	1,085	690.38	498.05	331.35
Other Receivables	2.84	2.19	2.42	1.55	5.18	1.85
Receivables	1,210	1,210	1,087	691.93	503.24	333.2
Inventory	673.31	639.47	334.73	248.69	237.88	148.12
Other Current Assets	119.44	140.15	72.29	44.93	30.53	23.81
Total Current Assets	2,123	2,091	1,734	1,095	880.49	671.32
Property, Plant & Equipment	1,724	1,591	1,093	721.67	545.72	311.52
Other Intangible Assets	267.46	268.56	235.82	94.83	75.31	67.94
Long-Term Deferred Tax Assets	0.34	0.47	2.25	-	5.42	4.1
Long-Term Deferred Charges	112.73	100.96	31.69	22.45	18.6	11.09
Other Long-Term Assets	12.31	35.16	40.95	48.02	20.93	20.41
Total Assets	4,240	4,087	3,137	1,982	1,546	1,086
Accounts Payable	709.39	824.12	610.41	369.63	298.95	160.06
Accrued Expenses	31.22	52.26	34.45	32.98	23.64	30.03
Short-Term Debt	865.07	694.96	275.18	74.05	210.21	102.18
Current Portion of Long-Term Debt	188.32	128.09	120.07	40.13	-	-
Current Portion of Leases	-	4.97	2.09	1.08	-	0.94
Current Income Taxes Payable	23.92	25.96	19.33	1.58	-	1.28
Current Unearned Revenue	9.63	8.87	5.83	1.32	1.46	1.49
Other Current Liabilities	14.6	11.18	9.55	3.39	3.17	0.68
Total Current Liabilities	1,842	1,750	1,077	524.16	537.44	296.66
Long-Term Debt	236.75	252.97	682.01	352.96	102.1	-
Long-Term Leases	8	9.17	6.02	4.86	-	0.19
Long-Term Unearned Revenue	14.58	14.97	8.08	-	-	-
Long-Term Deferred Tax Liabilities	24.09	19.94	22.29	31.44	30.67	13.92
Other Long-Term Liabilities	-	-	-	3.27	2.76	3.32
Total Liabilities	2,126	2,047	1,795	916.69	672.98	314.09
Common Stock	473	473	226.33	225.6	225	150
Additional Paid-In Capital	482.49	482.72	306.49	292.75	277.28	339.12
Retained Earnings	1,158	1,083	761.76	546.49	371.21	283.17
Comprehensive Income & Other	0.51	0.9	47.53	0.01	0.01	0.01
Shareholders' Equity	2,114	2,039	1,342	1,065	873.5	772.3
Total Liabilities & Equity	4,240	4,087	3,137	1,982	1,546	1,086
Total Debt	1,298	1,090	1,085	473.08	312.32	103.32
Net Cash (Debt)	-1,178	-988.77	-845.22	-364.05	-203.47	62.86
Net Cash Growth	-	-	-	-	-	-69.12%
Net Cash Per Share	-2.53	-2.14	-1.89	-0.82	-0.46	0.14
Filing Date Shares Outstanding	473	473	443.61	442.18	441	441
Total Common Shares Outstanding	473	473	443.61	442.18	441	441
Working Capital	280.89	340.52	657.19	570.42	343.05	374.66
Book Value Per Share	4.47	4.31	3.03	2.41	1.98	1.75
Tangible Book Value	1,847	1,771	1,106	970.03	798.19	704.36
Tangible Book Value Per Share	3.90	3.74	2.49	2.19	1.81	1.60
Buildings	-	609.51	390.39	277.15	205.53	114.18
Machinery	-	871.61	574.21	498.96	354.36	196.8
Construction In Progress	-	426.26	362.21	120.54	114.66	98.19

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