SHE:300988 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	160.11	213.06	238.21	280.62	239.91	279.15
Short-Term Investments	-	-	-	30	-	-
Trading Asset Securities	4	-	-	0.03	-	50
Cash & Short-Term Investments	164.11	213.06	238.21	310.65	239.91	329.15
Cash Growth	-21.50%	-10.56%	-23.32%	29.49%	-27.11%	519.02%
Accounts Receivable	460.48	433.33	509.26	404.66	284.91	273.88
Other Receivables	98.46	97.37	20.79	5.19	2.06	2.12
Receivables	558.93	530.7	530.05	409.85	286.97	276
Inventory	510.41	471.67	430.4	411.85	328.87	330.17
Other Current Assets	85.94	76.01	60.49	79.06	36.86	32.73
Total Current Assets	1,319	1,291	1,259	1,211	892.61	968.05
Property, Plant & Equipment	783.77	808.26	714.1	517.75	366.56	271.76
Long-Term Investments	127.61	98.24	74.59	32	38.38	5.38
Goodwill	-	-	-	70.84	-	-
Other Intangible Assets	95.51	96.87	98.89	125.55	52.23	38.64
Long-Term Deferred Tax Assets	12.36	12.84	12.28	17.79	8.46	5.57
Long-Term Deferred Charges	14.86	14.93	5.34	9.08	4.43	1.32
Other Long-Term Assets	37.75	26.66	33.19	15.28	50.18	18.54
Total Assets	2,391	2,349	2,198	2,000	1,413	1,309
Accounts Payable	402.9	408.38	400.81	306.85	269	273.23
Accrued Expenses	12.14	24.21	15.96	41.51	12.38	13.15
Short-Term Debt	398.49	371.55	399.18	339.7	132.56	101.2
Current Portion of Long-Term Debt	82.9	82.44	13	45.28	-	-
Current Portion of Leases	-	8.96	9.64	10.9	7.76	9.29
Current Income Taxes Payable	5.96	0.77	5.35	3.61	2.01	0.58
Current Unearned Revenue	17.39	6.49	11.07	11.89	7.76	3.18
Other Current Liabilities	13.88	10.68	9.22	11.06	23.46	5.78
Total Current Liabilities	933.66	913.49	864.22	770.82	454.93	406.42
Long-Term Debt	133.06	136.16	112.27	10.87	-	-
Long-Term Leases	23.62	26.27	25.04	18.94	13.64	13.64
Long-Term Unearned Revenue	0.16	0.18	0.26	2.44	2.74	3.08
Long-Term Deferred Tax Liabilities	-	-	-	12.57	3.72	-
Other Long-Term Liabilities	0.01	0.01	0.5	1.56	-	-
Total Liabilities	1,091	1,076	1,002	817.2	475.03	423.13
Common Stock	140.3	140.3	140.3	140.3	132.98	73.88
Additional Paid-In Capital	632.27	630.04	624.72	624.72	489.51	548.77
Retained Earnings	536.92	506.41	438.53	386.12	316.18	255
Comprehensive Income & Other	-2.01	2.54	-3.89	0.19	-0.84	-4.65
Total Common Equity	1,307	1,279	1,200	1,151	937.84	873.01
Minority Interest	-6.75	-6.17	-4.4	31.17	-0.01	13.13
Shareholders' Equity	1,301	1,273	1,195	1,183	937.83	886.13
Total Liabilities & Equity	2,391	2,349	2,198	2,000	1,413	1,309
Total Debt	638.07	625.38	559.12	425.69	153.95	124.13
Net Cash (Debt)	-473.96	-412.33	-320.9	-115.04	85.96	205.02
Net Cash Growth	-	-	-	-	-58.07%	-
Net Cash Per Share	-3.40	-2.94	-2.28	-0.82	0.65	1.71
Filing Date Shares Outstanding	140.3	140.3	140.3	140.3	132.98	132.98
Total Common Shares Outstanding	140.3	140.3	140.3	140.3	132.98	132.98
Working Capital	385.73	377.95	394.93	440.6	437.68	561.64
Book Value Per Share	9.32	9.12	8.55	8.21	7.05	6.56
Tangible Book Value	1,212	1,182	1,101	954.94	885.61	834.36
Tangible Book Value Per Share	8.64	8.43	7.85	6.81	6.66	6.27
Buildings	-	553.5	253.66	165.08	164.84	70.9
Machinery	-	472.01	414.39	393.26	334.48	276.53
Construction In Progress	-	56.8	263.3	141.02	17.22	48.13

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