SHE:300991 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	146.32	124.33	109.84	118.36	88.44	161.23
Trading Asset Securities	-	-	-	39	53	40
Cash & Short-Term Investments	146.32	124.33	109.84	157.36	141.44	201.23
Cash Growth	5.48%	13.19%	-30.20%	11.25%	-29.71%	201.44%
Accounts Receivable	172.55	223.59	258.2	223.18	149.01	138.58
Other Receivables	3.51	5.38	5.74	4.23	0.13	0.01
Receivables	176.06	228.97	263.94	227.41	149.13	138.59
Inventory	123.01	135.17	154.2	121.24	94.63	86.9
Other Current Assets	11.06	6.19	10.03	11.89	12.15	7.13
Total Current Assets	456.45	494.66	538.01	517.89	397.36	433.84
Property, Plant & Equipment	704.96	716.94	723.98	739.18	748.28	568.27
Long-Term Investments	7.67	7.67	7.3	9.21	11.29	-
Other Intangible Assets	63.65	64.12	65.87	66.3	67.84	68.83
Long-Term Deferred Tax Assets	10.63	11.72	9.67	11.43	10.64	3.8
Long-Term Deferred Charges	8.97	10.58	7.65	7.77	4.48	3.68
Other Long-Term Assets	0.62	1.09	5.08	9.16	1.81	5.47
Total Assets	1,253	1,307	1,358	1,361	1,242	1,084
Accounts Payable	186.57	222.44	217.99	250.07	201.84	141.16
Accrued Expenses	8.36	9.39	18.1	9.74	8.97	12.6
Short-Term Debt	173.92	253.21	266.95	151.13	170.68	47.35
Current Portion of Long-Term Debt	89.17	95.71	53.07	105.36	-	-
Current Portion of Leases	-	-	9.42	8.98	7.82	7.63
Current Income Taxes Payable	2.93	2.68	-	4.16	-	1.16
Current Unearned Revenue	11.41	4.52	0.74	0.7	0.66	0.31
Other Current Liabilities	8.97	4.37	7.31	3.01	1.58	1.83
Total Current Liabilities	481.33	592.31	573.58	533.15	391.54	212.04
Long-Term Debt	114.04	47.92	123.71	154.91	180.25	180.26
Long-Term Leases	1.46	3.1	2.44	11.29	18.82	26.64
Long-Term Unearned Revenue	13.88	14.79	12.5	13.46	14.41	12.7
Long-Term Deferred Tax Liabilities	0.27	0.84	1.53	2.74	3.87	-
Total Liabilities	610.98	658.96	713.77	715.56	608.89	431.65
Common Stock	144	144	144	144	144	90
Additional Paid-In Capital	193.21	193.21	193.21	206.15	203.83	247.21
Retained Earnings	296.36	302.79	310.3	294.94	286.51	313.1
Comprehensive Income & Other	-6.18	-6.2	-6.49	-4.89	-3.15	-
Total Common Equity	627.39	633.8	641.03	640.2	631.19	650.31
Minority Interest	14.57	14.01	2.76	5.18	1.62	1.93
Shareholders' Equity	641.96	647.82	643.79	645.38	632.82	652.24
Total Liabilities & Equity	1,253	1,307	1,358	1,361	1,242	1,084
Total Debt	378.59	399.93	455.59	431.67	377.57	261.89
Net Cash (Debt)	-232.28	-275.6	-345.75	-274.31	-236.12	-60.66
Net Cash Per Share	-1.45	-1.73	-2.46	-1.94	-1.67	-0.47
Filing Date Shares Outstanding	160.74	181.88	144	144	144	144
Total Common Shares Outstanding	160.74	181.88	144	144	144	144
Working Capital	-24.88	-97.65	-35.58	-15.26	5.82	221.8
Book Value Per Share	3.90	3.48	4.45	4.45	4.38	4.52
Tangible Book Value	563.74	569.69	575.16	573.9	563.35	581.48
Tangible Book Value Per Share	3.51	3.13	3.99	3.99	3.91	4.04
Buildings	-	-	623.39	623.39	623.39	-
Machinery	-	-	228.13	199.83	164.55	125.5
Construction In Progress	-	-	9.74	5.3	6.03	463.58

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