SHE:301326 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	291.19	390.34	286.71	301.01	216.72	160.74
Short-Term Investments	-	-	150.23	30.02	-	-
Trading Asset Securities	263.67	220.46	251.21	261	379.44	2.3
Cash & Short-Term Investments	554.86	610.8	688.15	592.03	596.16	163.03
Cash Growth	-3.32%	-11.24%	16.24%	-0.69%	265.67%	22.59%
Accounts Receivable	454.41	476.94	300.07	215.9	371.08	324.76
Other Receivables	18.81	17.02	12.46	8.79	9.08	5.58
Receivables	473.22	493.96	312.53	224.69	380.17	330.35
Inventory	163.74	176.78	77.55	79.12	101.01	87.44
Prepaid Expenses	-	-	-	0	0.28	0.83
Other Current Assets	48.33	55.18	22.83	23.95	21.38	20.28
Total Current Assets	1,240	1,337	1,101	919.79	1,099	601.93
Property, Plant & Equipment	712.99	694.97	371.74	309.43	274.74	232.63
Long-Term Investments	53.22	46.51	72.87	269.22	274.72	14.32
Goodwill	335.26	335.26	62.24	14.74	-	-
Other Intangible Assets	91.93	93.14	33.87	34.79	10.94	10.15
Long-Term Deferred Tax Assets	109.99	104.66	53	41.57	35.51	16.97
Long-Term Deferred Charges	64.46	61.56	12.57	17.22	22.97	16.84
Other Long-Term Assets	72.94	53.35	75.67	5.52	21.18	15.87
Total Assets	2,681	2,726	1,783	1,612	1,739	908.72
Accounts Payable	259.27	330.74	182.75	128.56	136.03	233.6
Accrued Expenses	34.5	45.76	29.52	23.75	31.52	29.75
Short-Term Debt	329.03	311.82	180.47	62.42	78.49	74.26
Current Portion of Long-Term Debt	81.21	82.07	-	-	-	-
Current Portion of Leases	-	-	14.04	14.23	14.15	13.37
Current Income Taxes Payable	6.92	7.17	3.47	0	4.81	2.39
Current Unearned Revenue	0.9	0.27	0.53	2.81	2.75	-
Other Current Liabilities	114.98	115.44	8.44	2.5	7.25	2.67
Total Current Liabilities	826.79	893.26	419.21	234.26	274.99	356.04
Long-Term Debt	287.47	281.17	10	-	-	-
Long-Term Leases	63.54	49.62	18.94	25.41	37.89	45.11
Long-Term Unearned Revenue	12.13	12.56	9.96	9.81	7.14	7.37
Long-Term Deferred Tax Liabilities	41.05	38.43	6.42	7.38	10.03	0.34
Other Long-Term Liabilities	7.01	7	-	-	-	-
Total Liabilities	1,238	1,282	464.53	276.87	330.04	408.86
Common Stock	72.71	72.71	72.19	72.19	72.19	54.09
Additional Paid-In Capital	1,109	1,104	1,080	1,073	1,073	256.88
Retained Earnings	81.11	96.04	142.72	176.43	261.11	175.27
Treasury Stock	-22.1	-22.1	-13.6	-	-	-
Comprehensive Income & Other	-5.63	-5.26	-4.13	-0.25	-0.22	-0.28
Total Common Equity	1,235	1,245	1,277	1,321	1,406	485.97
Minority Interest	208.02	198.95	41	13.92	2.82	13.89
Shareholders' Equity	1,443	1,444	1,318	1,335	1,409	499.86
Total Liabilities & Equity	2,681	2,726	1,783	1,612	1,739	908.72
Total Debt	761.24	724.67	223.44	102.06	130.53	132.74
Net Cash (Debt)	-206.38	-113.87	464.7	489.97	465.63	30.29
Net Cash Growth	-	-	-5.16%	5.23%	1437.05%	-64.09%
Net Cash Per Share	-2.82	-1.56	6.48	6.76	7.92	0.56
Filing Date Shares Outstanding	72.69	75.03	71.8	72.19	72.19	54.09
Total Common Shares Outstanding	72.69	75.03	71.8	72.19	72.19	54.09
Working Capital	413.36	443.46	681.85	685.53	824.01	245.89
Book Value Per Share	16.99	16.60	17.79	18.30	19.48	8.98
Tangible Book Value	807.74	816.8	1,181	1,272	1,395	475.82
Tangible Book Value Per Share	11.11	10.89	16.45	17.62	19.33	8.80
Buildings	-	-	73.38	73.38	73.38	0.49
Machinery	-	-	293.62	223.22	200.27	139.06
Construction In Progress	-	-	91.26	52.9	-	68.46

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