SHE:300998 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	241.56	253.98	626.19	380.31	125.48	125.01
Trading Asset Securities	37.06	37.06	260.51	457.77	-	-
Cash & Short-Term Investments	278.63	291.04	886.7	838.08	125.48	125.01
Cash Growth	-52.57%	-67.18%	5.80%	567.91%	0.38%	77.21%
Accounts Receivable	550.03	662.51	501.24	500.3	302.2	191.19
Other Receivables	52.6	51.47	62.91	58.21	5.2	1.45
Receivables	602.62	713.98	564.15	558.51	307.4	192.64
Inventory	475.92	491.13	454.56	361.66	429.03	409.5
Other Current Assets	31.4	31.06	21.72	28.59	23.09	14.69
Total Current Assets	1,389	1,527	1,927	1,787	885	741.84
Property, Plant & Equipment	696.01	709.63	686.11	466.77	390.9	351.37
Long-Term Investments	349.18	315.94	-	-	-	-
Goodwill	13.38	13.38	13.38	13.38	-	-
Other Intangible Assets	81.15	82.39	85.42	90.48	75.45	61.74
Long-Term Deferred Tax Assets	19.56	20.34	22	16.21	10.45	9.27
Long-Term Deferred Charges	38.15	39.73	40.93	18.73	13.4	5.77
Other Long-Term Assets	13.37	31.33	75.44	48.55	19.11	21.02
Total Assets	2,599	2,740	2,850	2,441	1,394	1,191
Accounts Payable	314.97	387.37	420.42	319.33	346.67	309.97
Accrued Expenses	18.45	33.19	29.46	23.07	16.95	15.29
Short-Term Debt	206.22	217.24	232.48	203.74	183.61	84.05
Current Portion of Long-Term Debt	200.5	137.18	70	72.3	15.53	21.23
Current Portion of Leases	-	-	4.19	6.33	5.44	3.02
Current Income Taxes Payable	5.86	7.12	3.45	2.32	0.31	0.08
Current Unearned Revenue	105.99	129.34	95	69.42	66.46	102.54
Other Current Liabilities	86.05	56.73	190.38	47.23	21.28	16.28
Total Current Liabilities	938.05	968.17	1,045	743.74	656.25	552.47
Long-Term Debt	187.61	233.5	164.46	131.94	94.7	27.08
Long-Term Leases	2.46	1.84	5.28	5.39	6.29	9.19
Long-Term Unearned Revenue	25.5	21.23	18.2	18.05	22.29	21.3
Long-Term Deferred Tax Liabilities	15.94	16.27	12.21	12.62	9.21	8.37
Other Long-Term Liabilities	33.01	33.67	156.77	31.22	20.75	20.23
Total Liabilities	1,203	1,275	1,402	942.95	809.48	638.64
Common Stock	137.17	137.17	137.17	137.17	106.4	106.4
Additional Paid-In Capital	986.41	1,010	1,010	1,010	256.22	256.22
Retained Earnings	175.37	171.24	143.96	166.88	189.67	182.74
Treasury Stock	-20.19	-20.19	-16.75	-	-	-
Comprehensive Income & Other	9.7	12.75	9.2	9.87	7	7.11
Total Common Equity	1,288	1,311	1,283	1,324	559.3	552.48
Minority Interest	108.32	154.56	164.81	174.34	25.53	-0.12
Shareholders' Equity	1,397	1,465	1,448	1,498	584.83	552.36
Total Liabilities & Equity	2,599	2,740	2,850	2,441	1,394	1,191
Total Debt	596.79	589.76	476.4	419.7	305.57	144.58
Net Cash (Debt)	-318.16	-298.72	410.3	418.38	-180.09	-19.57
Net Cash Growth	-	-	-1.93%	-	-	-
Net Cash Per Share	-2.27	-2.20	3.01	3.93	-1.70	-0.21
Filing Date Shares Outstanding	135.98	135.87	136.06	137.17	106.4	106.4
Total Common Shares Outstanding	135.98	135.87	136.06	137.17	106.4	106.4
Working Capital	450.51	559.04	881.76	1,043	228.75	189.37
Book Value Per Share	9.48	9.65	9.43	9.65	5.26	5.19
Tangible Book Value	1,194	1,215	1,185	1,220	483.84	490.74
Tangible Book Value Per Share	8.78	8.94	8.71	8.89	4.55	4.61
Buildings	-	-	340.1	228.11	170.07	166.78
Machinery	-	-	573.15	498.43	430.26	401.09
Construction In Progress	-	-	129.22	43.21	52.45	1.18

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