SHE:300952 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	239.6	235.18	274.12	165.69	150.79	116.69
Trading Asset Securities	50.08	51.09	163.43	49.96	6.01	146.27
Cash & Short-Term Investments	289.67	286.27	437.55	215.65	156.81	262.96
Cash Growth	-32.17%	-34.57%	102.90%	37.52%	-40.37%	1133.50%
Accounts Receivable	258.2	288.23	308.79	229.04	173.62	164.17
Other Receivables	14.74	16.48	71.3	40.2	8.54	5.25
Receivables	272.94	304.71	380.09	269.25	182.16	169.42
Inventory	517.24	457.71	393.06	304.33	214.49	185.31
Prepaid Expenses	-	-	0.05	-	-	-
Other Current Assets	118.8	119.2	12.19	13.55	26.94	25.57
Total Current Assets	1,199	1,168	1,223	802.77	580.4	643.26
Property, Plant & Equipment	1,514	1,564	1,100	921.09	782.46	530.51
Goodwill	1.76	1.76	1.76	1.76	1.76	1.76
Other Intangible Assets	168.19	170.63	142.6	108.57	113.12	38.06
Long-Term Deferred Tax Assets	21.62	14.22	14.45	11.76	14.61	11.43
Long-Term Deferred Charges	1.17	0.4	1.15	1.62	1.03	0.14
Other Long-Term Assets	79.21	17.72	23.91	23.76	18.55	15.15
Total Assets	2,985	2,937	2,507	1,871	1,512	1,240
Accounts Payable	407.09	451.97	367.23	317.06	237.66	161.59
Accrued Expenses	18.69	29.59	29.66	24.83	21.11	19.38
Short-Term Debt	303.46	252.99	64.03	105.07	40.03	17.02
Current Portion of Long-Term Debt	55.27	56.49	40.15	10.14	15.39	26.72
Current Portion of Leases	-	-	1.08	1.21	1.16	-
Current Income Taxes Payable	7.9	11.06	6.89	3.13	10.56	3.65
Current Unearned Revenue	8.06	7.71	5.28	3.52	3.08	3.24
Other Current Liabilities	51.93	7.57	7.93	10.94	4.13	4.88
Total Current Liabilities	852.41	817.38	522.25	475.88	333.12	236.46
Long-Term Debt	255.04	255	625.8	151.4	32	15.33
Long-Term Leases	0.64	0.78	0.85	1.86	3.01	-
Long-Term Unearned Revenue	78.93	53.03	59.01	66.35	70.4	33.08
Long-Term Deferred Tax Liabilities	0.07	0.06	1.11	0.72	5.57	1.57
Total Liabilities	1,187	1,126	1,209	696.21	444.08	286.45
Common Stock	172.59	172.59	145.38	145.57	144.93	144.93
Additional Paid-In Capital	949.33	962.49	490.46	491.47	482.5	482.5
Retained Earnings	634.53	627.98	563.08	482.77	404.48	298.72
Treasury Stock	-48.37	-48.37	-8.67	-6.12	-	-
Comprehensive Income & Other	-11.6	-5.99	25.26	0.03	-0.19	-0.33
Total Common Equity	1,696	1,709	1,216	1,114	1,032	925.82
Minority Interest	101.47	102.06	82.51	61.38	36.13	28.05
Shareholders' Equity	1,798	1,811	1,298	1,175	1,068	953.86
Total Liabilities & Equity	2,985	2,937	2,507	1,871	1,512	1,240
Total Debt	614.41	565.26	731.92	269.68	91.58	59.06
Net Cash (Debt)	-324.74	-278.99	-294.37	-54.03	65.23	203.9
Net Cash Growth	-	-	-	-	-68.01%	-
Net Cash Per Share	-1.96	-1.75	-1.92	-0.37	0.45	1.50
Filing Date Shares Outstanding	172.32	168.04	157.07	145.57	144.93	144.93
Total Common Shares Outstanding	172.32	168.04	145.38	145.57	144.93	144.93
Working Capital	346.25	350.5	700.68	326.88	247.28	406.8
Book Value Per Share	9.84	10.17	8.36	7.65	7.12	6.39
Tangible Book Value	1,527	1,536	1,071	1,003	916.84	885.99
Tangible Book Value Per Share	8.86	9.14	7.37	6.89	6.33	6.11
Buildings	-	-	426.04	319.33	245.14	236.37
Machinery	-	-	794.61	611.76	519.34	365.55
Construction In Progress	-	-	195.65	219.27	178.08	43.67

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