SHE:300967 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	131.32	117.94	179.96	71.46	40.41	171.46
Trading Asset Securities	-	-	-	0.71	0.71	0.27
Cash & Short-Term Investments	131.32	117.94	179.96	72.17	41.11	171.73
Cash Growth	-35.57%	-34.46%	149.38%	75.53%	-76.06%	294.47%
Accounts Receivable	43.39	40.24	29.33	34.41	20.2	15.01
Other Receivables	2.35	2.05	1.69	1.52	2.08	2.54
Receivables	45.74	42.28	31.02	35.94	22.28	17.54
Inventory	114.22	94.01	105.18	72.22	111.97	97.95
Other Current Assets	18.33	14.8	15.18	7.31	4	5.78
Total Current Assets	309.61	269.04	331.34	187.63	179.37	293
Property, Plant & Equipment	1,224	1,250	1,257	1,312	1,205	798.72
Long-Term Investments	-	-	32.45	41.8	-	-
Other Intangible Assets	49.83	50.3	50.9	52.73	48.45	45.74
Long-Term Deferred Charges	9.57	10.1	13.16	11.36	9.21	10.53
Other Long-Term Assets	7.42	1.69	1.69	11.3	11.57	13.43
Total Assets	1,601	1,581	1,687	1,617	1,453	1,161
Accounts Payable	66.22	69.82	57.02	83.1	117.63	67.54
Accrued Expenses	22.7	30.76	27.32	21.22	14.83	22.6
Short-Term Debt	-	-	10.4	-	-	-
Current Portion of Long-Term Debt	77.55	81.69	170.02	88.89	87.46	37.33
Current Portion of Leases	-	-	1.67	1.6	1.53	1.98
Current Income Taxes Payable	0.99	0.97	0.03	0.03	0.03	0.03
Current Unearned Revenue	50.13	42.76	77.71	14.91	17.92	24.75
Other Current Liabilities	12.1	13.63	14.17	43.21	52.25	12.62
Total Current Liabilities	229.68	239.62	358.36	252.96	291.65	166.86
Long-Term Debt	567.64	512.98	521.89	602.37	337.35	145.44
Long-Term Leases	10.31	11.8	13.55	15.22	16.83	18.47
Long-Term Unearned Revenue	8.29	8.6	8.63	6.8	7.59	4.09
Other Long-Term Liabilities	-	-	2.08	2.21	1.61	1.19
Total Liabilities	815.91	773	904.51	879.57	655.04	336.05
Common Stock	187.57	187.57	187.56	189.5	190.21	187.51
Additional Paid-In Capital	285.21	285.51	285.31	305.59	306.69	274.58
Retained Earnings	247.47	270.19	222.6	177.79	332.56	363.28
Treasury Stock	-21.99	-21.99	-	-22.32	-31.09	-
Comprehensive Income & Other	86.64	86.64	86.69	86.72	-	-
Total Common Equity	784.9	807.92	782.16	737.28	798.37	825.37
Shareholders' Equity	784.9	807.92	782.16	737.28	798.37	825.37
Total Liabilities & Equity	1,601	1,581	1,687	1,617	1,453	1,161
Total Debt	655.49	606.46	717.54	708.09	443.17	203.22
Net Cash (Debt)	-524.17	-488.52	-537.58	-635.92	-402.05	-31.49
Net Cash Per Share	-2.85	-2.65	-2.88	-3.41	-2.20	-0.18
Filing Date Shares Outstanding	187.6	178.88	187.56	189.5	190.21	190.21
Total Common Shares Outstanding	187.6	178.88	187.56	189.5	190.21	187.51
Working Capital	79.93	29.42	-27.02	-65.33	-112.28	126.14
Book Value Per Share	4.18	4.52	4.17	3.89	4.20	4.40
Tangible Book Value	735.07	757.61	731.26	684.55	749.92	779.63
Tangible Book Value Per Share	3.92	4.24	3.90	3.61	3.94	4.16
Buildings	-	-	951.5	923.11	703.66	539.69
Machinery	-	-	545.85	522.99	419.38	280.25
Construction In Progress	1,053	-	3.18	34.14	170.7	34.97

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.