SHE:301268 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	385.27	433.26	584.01	1,116	827.18	120.12
Short-Term Investments	-	-	21.74	-	-	-
Trading Asset Securities	306.37	356.37	585	327	130	-
Cash & Short-Term Investments	691.63	789.63	1,191	1,443	957.18	120.12
Cash Growth	-34.11%	-33.69%	-17.48%	50.76%	696.82%	45.88%
Accounts Receivable	1,290	1,336	980.75	971.46	1,047	601.94
Other Receivables	36.93	27.5	67.51	25.64	66.01	13.12
Receivables	1,327	1,364	1,048	997.1	1,113	615.06
Inventory	1,298	1,180	983.82	803.53	737.41	348.55
Prepaid Expenses	-	0.3	0	-	-	-
Other Current Assets	334.37	332.17	199.07	143.13	94.53	19.3
Total Current Assets	3,651	3,666	3,422	3,387	2,902	1,103
Property, Plant & Equipment	2,479	2,505	2,167	1,818	1,544	846.54
Other Intangible Assets	142.81	142.71	206.79	159.06	110.56	111.77
Long-Term Deferred Tax Assets	74.26	44.71	72.75	59.01	51.53	15.02
Long-Term Deferred Charges	120.81	101.73	90.23	80.05	41.85	20.49
Other Long-Term Assets	160.42	126.12	144.55	137.02	39.87	46.44
Total Assets	6,628	6,587	6,104	5,640	4,690	2,143
Accounts Payable	1,570	1,756	1,060	1,159	1,522	676.74
Accrued Expenses	36.43	93.49	76.17	79.18	90.68	41.38
Short-Term Debt	1,954	1,701	1,625	453.56	495.56	162.82
Current Portion of Long-Term Debt	168.77	233.76	53.5	6.04	60.3	55.22
Current Portion of Leases	-	61.42	13.85	28.95	19.62	30.93
Current Income Taxes Payable	26.88	3.34	4.06	15.29	7.75	14.22
Current Unearned Revenue	12.34	7.2	51.52	41.35	5.65	3.46
Other Current Liabilities	127.66	42.03	79.18	52.29	35.05	48.14
Total Current Liabilities	3,897	3,898	2,964	1,836	2,237	1,033
Long-Term Debt	950.77	894.31	1,033	1,065	50	110
Long-Term Leases	60.46	79.85	121.23	49.37	129.11	170.81
Long-Term Unearned Revenue	110.81	112.82	46.52	37.4	28.71	31.65
Long-Term Deferred Tax Liabilities	29.2	-	20.37	23.05	32.98	-
Other Long-Term Liabilities	-	-	14.48	49.63	-	-
Total Liabilities	5,048	4,985	4,200	3,060	2,478	1,345
Common Stock	400.4	400.4	400.01	400.01	400.01	360
Additional Paid-In Capital	1,061	1,061	1,045	1,035	1,030	23.19
Retained Earnings	198.18	192.67	428.05	997.39	777.78	414.82
Treasury Stock	-160.03	-160.03	-100.03	-	-	-
Comprehensive Income & Other	80.12	107.36	131	146.49	4.29	-0.11
Shareholders' Equity	1,580	1,601	1,904	2,579	2,213	797.9
Total Liabilities & Equity	6,628	6,587	6,104	5,640	4,690	2,143
Total Debt	3,134	2,971	2,847	1,603	754.59	529.79
Net Cash (Debt)	-2,443	-2,181	-1,657	-160.37	202.59	-409.66
Net Cash Per Share	-5.59	-5.47	-4.13	-0.40	0.52	-1.13
Filing Date Shares Outstanding	550.64	391.75	394.59	400.01	400.01	360
Total Common Shares Outstanding	550.64	391.75	394.59	400.01	400.01	360
Working Capital	-246.06	-232.44	458.11	1,551	665.61	70.11
Book Value Per Share	2.87	4.09	4.82	6.45	5.53	2.22
Tangible Book Value	1,437	1,458	1,697	2,420	2,102	686.13
Tangible Book Value Per Share	2.61	3.72	4.30	6.05	5.25	1.91
Buildings	-	649.14	576.41	510.79	474.87	364.98
Machinery	-	2,198	2,029	1,462	1,207	616.13
Construction In Progress	-	383.53	179.21	281.66	168.49	99.97