SHE:300982 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	279.03	446.21	838.46	749.85	1,931	559.42
Short-Term Investments	-	48.95	84.35	-	-	-
Trading Asset Securities	1,183	1,059	684.66	798.17	-	271.5
Cash & Short-Term Investments	1,462	1,554	1,607	1,548	1,931	830.93
Cash Growth	-2.37%	-3.33%	3.84%	-19.84%	132.42%	65.72%
Accounts Receivable	963.15	1,153	1,514	2,077	1,778	1,115
Other Receivables	18.15	20.99	27.6	31.27	32.71	50.08
Receivables	981.29	1,174	1,542	2,108	1,811	1,166
Inventory	222.95	248.65	289.66	187	199.39	73.72
Prepaid Expenses	-	9.63	0.69	-	-	-
Other Current Assets	114.34	72.21	119.28	169.79	116.04	60.07
Total Current Assets	2,781	3,059	3,559	4,013	4,058	2,130
Property, Plant & Equipment	935.51	914.31	736.81	552.99	339.97	186.47
Long-Term Investments	86.2	55.46	58	25.68	8.68	7.48
Other Intangible Assets	74.89	75.65	79.62	81.24	82.66	40.26
Long-Term Deferred Tax Assets	57.97	57.13	52.12	58.12	32.07	16.59
Long-Term Deferred Charges	1.36	0.13	0.14	0.53	0.43	0.15
Other Long-Term Assets	41.75	43.02	117.62	138.11	226.72	45.78
Total Assets	3,978	4,204	4,603	4,870	4,748	2,427
Accounts Payable	623.01	798.59	1,133	1,230	1,116	735.07
Accrued Expenses	21.1	53.86	38.56	19.72	3.4	11.37
Short-Term Debt	1.04	1.04	1.04	149.43	199.75	-
Current Portion of Leases	-	5.54	1.95	1.78	1.88	2.15
Current Income Taxes Payable	4.82	0.06	1.92	9.07	23.32	25.75
Current Unearned Revenue	204.81	193.25	244.84	242.47	278.75	137
Other Current Liabilities	163.44	197.07	126.43	68.13	56.95	36.88
Total Current Liabilities	1,025	1,249	1,547	1,721	1,680	948.21
Long-Term Leases	78.86	73.99	21.31	1.08	0.78	1.86
Long-Term Unearned Revenue	0.35	0.35	0.35	-	-	-
Long-Term Deferred Tax Liabilities	0.02	0.02	0.03	-	-	0.23
Other Long-Term Liabilities	24.07	22.04	20.5	20.98	21.11	20.77
Total Liabilities	1,128	1,346	1,590	1,743	1,702	971.07
Common Stock	206.97	206.97	206.97	206.97	171.47	140.32
Additional Paid-In Capital	1,998	1,998	1,999	2,031	2,011	622.8
Retained Earnings	743.31	751.77	904.8	882.86	864.47	692.81
Treasury Stock	-100.1	-100.1	-100.1	-	-	-
Comprehensive Income & Other	1.17	1.18	-0.04	-0.09	-0.09	-0.02
Total Common Equity	2,849	2,858	3,010	3,121	3,046	1,456
Minority Interest	0.84	0.89	3.63	6.4	-0.36	0.03
Shareholders' Equity	2,850	2,859	3,014	3,127	3,046	1,456
Total Liabilities & Equity	3,978	4,204	4,603	4,870	4,748	2,427
Total Debt	86.74	80.58	24.3	152.28	202.42	4.01
Net Cash (Debt)	1,375	1,473	1,583	1,396	1,729	826.91
Net Cash Growth	-6.53%	-6.94%	13.43%	-19.27%	109.07%	66.24%
Net Cash Per Share	6.51	6.97	6.31	6.78	10.27	5.35
Filing Date Shares Outstanding	206.03	202.2	202.2	205.66	205.77	168.38
Total Common Shares Outstanding	206.03	202.2	202.2	205.66	205.77	168.38
Working Capital	1,756	1,809	2,012	2,293	2,377	1,182
Book Value Per Share	13.83	14.13	14.89	15.18	14.81	8.65
Tangible Book Value	2,774	2,782	2,931	3,040	2,964	1,416
Tangible Book Value Per Share	13.47	13.76	14.49	14.78	14.40	8.41
Buildings	-	799.17	714.74	389.32	187.83	91.35
Machinery	-	110.24	102.54	80.25	57.97	49.08
Construction In Progress	-	89.92	12.03	157.97	149.28	91.17

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