SHE:300970 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	Dec '21 Dec 31, 2021
Cash & Equivalents	694.95	590.12	361.14	409.95	431.65	411.21
Trading Asset Securities	-	-	-	-	100.17	359.24
Cash & Short-Term Investments	694.95	590.12	361.14	409.95	531.82	770.45
Cash Growth	86.15%	63.40%	-11.91%	-22.92%	-30.97%	233.44%
Accounts Receivable	20.7	13.85	16.7	18.69	12.46	36.95
Other Receivables	1.41	2.19	1.89	3.52	2.08	1.6
Receivables	22.11	16.04	18.59	22.21	14.54	38.55
Inventory	232.5	225	196.07	188.2	157.08	107.92
Prepaid Expenses	-	-	1.06	1.05	1.05	0.93
Other Current Assets	4.58	3.49	3.12	6.44	5.15	1.96
Total Current Assets	954.14	834.64	579.98	627.85	709.64	919.81
Property, Plant & Equipment	1,522	1,570	1,642	1,410	1,180	864.92
Long-Term Investments	0.32	0.21	0.33	0.5	0.44	-
Other Intangible Assets	55.7	56.16	58.02	58.55	51.38	52.4
Long-Term Deferred Charges	-	-	0.04	0.27	0.53	0.6
Other Long-Term Assets	13.86	8.22	24.73	21.82	38.42	38.79
Total Assets	2,546	2,469	2,306	2,119	1,980	1,877
Accounts Payable	79.17	81.31	73.31	78.53	56.84	38.82
Accrued Expenses	30.68	39.19	28.59	28.25	23.12	14.47
Short-Term Debt	-	-	-	-	14.01	50.06
Current Portion of Long-Term Debt	70.83	71.08	47.63	62.7	46.56	42.77
Current Portion of Leases	-	-	1.22	1.13	1.2	1.2
Current Income Taxes Payable	0.38	0.42	0.03	-	0.69	0.34
Current Unearned Revenue	3.62	3.34	3.43	3.64	8.4	2.16
Other Current Liabilities	46.09	49.87	68.38	59.53	34.16	22.06
Total Current Liabilities	230.75	245.2	222.59	233.77	184.97	171.88
Long-Term Debt	287.48	278.71	302.94	170.41	226.93	210.06
Long-Term Leases	189.04	221.75	214.41	99.1	0.91	3.38
Long-Term Unearned Revenue	46.91	49.38	45.85	47.75	45.01	53.6
Other Long-Term Liabilities	2.36	2.36	0.33	-	-	-
Total Liabilities	756.55	797.4	786.12	551.03	457.83	438.92
Common Stock	122.61	122.61	120.2	117.89	116.7	116.7
Additional Paid-In Capital	946.02	947.96	915.76	873.01	843.93	840.75
Retained Earnings	706.24	596.35	486.08	556.75	549.74	471.49
Treasury Stock	-30.01	-30.01	-30.01	-	-	-
Total Common Equity	1,745	1,637	1,492	1,548	1,510	1,429
Minority Interest	44.55	34.97	27.37	20.29	12.17	8.65
Shareholders' Equity	1,789	1,672	1,519	1,568	1,523	1,438
Total Liabilities & Equity	2,546	2,469	2,306	2,119	1,980	1,877
Total Debt	547.35	571.54	566.2	333.34	289.61	307.48
Net Cash (Debt)	147.6	18.57	-205.06	76.62	242.21	462.97
Net Cash Growth	-	-	-	-68.37%	-47.68%	996.49%
Net Cash Per Share	1.34	0.16	-1.77	0.66	2.07	4.18
Filing Date Shares Outstanding	120.76	120.22	117.86	115.54	116.7	116.7
Total Common Shares Outstanding	120.76	120.22	117.86	115.54	116.7	116.7
Working Capital	723.39	589.45	357.39	394.08	524.67	747.93
Book Value Per Share	14.45	13.62	12.66	13.39	12.94	12.24
Tangible Book Value	1,689	1,581	1,434	1,489	1,459	1,377
Tangible Book Value Per Share	13.99	13.15	12.17	12.89	12.50	11.80
Buildings	-	-	793.97	735.55	548.81	475.13
Machinery	-	-	1,286	1,071	816.14	702.18
Construction In Progress	-	-	95.3	93.56	291.66	83.74

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