SHE:301377 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	Dec '21 Dec 31, 2021
Cash & Equivalents	586.7	417.89	231.73	202.83	861.97	67.88
Trading Asset Securities	215.66	398.56	604.86	541.68	-	-
Cash & Short-Term Investments	802.36	816.44	836.59	744.51	861.97	67.88
Cash Growth	-5.83%	-2.41%	12.37%	-13.63%	1169.92%	327.37%
Accounts Receivable	1,513	1,290	902.29	756.81	587.81	610.65
Other Receivables	9.66	7.39	3.29	2.81	3.6	2.65
Receivables	1,523	1,297	905.58	759.62	591.41	613.3
Inventory	812.26	580	389.13	339.79	313.78	292.51
Other Current Assets	163.71	57.2	29.41	122.1	15.06	16.32
Total Current Assets	3,301	2,751	2,161	1,966	1,782	990.01
Property, Plant & Equipment	1,504	1,353	1,098	957.61	832.89	706.06
Long-Term Investments	-	-	-	-	110.09	-
Other Intangible Assets	126.23	128.98	112.91	114.44	93.06	71.29
Long-Term Deferred Tax Assets	145.41	135.03	88.63	75.35	67.93	56.94
Long-Term Deferred Charges	41.81	39.66	39.59	38.82	11.68	2.4
Other Long-Term Assets	209.41	130.26	20.91	27.2	38.67	8.84
Total Assets	5,328	4,538	3,521	3,179	2,937	1,836
Accounts Payable	1,074	813.14	519.7	379.04	293.63	392.33
Accrued Expenses	74.5	131.4	85.79	71.65	71.89	55.71
Short-Term Debt	806.42	510.41	188.28	127.74	68.79	209.27
Current Portion of Long-Term Debt	15.88	0.06	37.69	45.84	42.2	2.15
Current Portion of Leases	-	7.38	6.4	6.13	3.96	4.31
Current Income Taxes Payable	65.69	53	25.03	16.01	11.66	17.56
Current Unearned Revenue	20.4	5.54	6.22	3.59	4.61	5.87
Other Current Liabilities	109.09	132.88	16.71	2.85	2.13	1.86
Total Current Liabilities	2,166	1,654	885.81	652.84	498.88	689.06
Long-Term Debt	106.58	75.33	22.92	80.65	136.28	117.92
Long-Term Leases	30.07	31.8	21.53	23.56	-	3.26
Long-Term Unearned Revenue	95.68	98.42	79.8	64.54	69.86	63.14
Long-Term Deferred Tax Liabilities	28.02	29.78	31.07	38.31	42.21	41.77
Total Liabilities	2,426	1,889	1,041	859.9	747.23	915.16
Common Stock	410	410	410	410	410	360
Additional Paid-In Capital	1,091	1,089	1,076	1,065	1,065	68.32
Retained Earnings	1,403	1,143	987.94	843.07	713.96	491.29
Comprehensive Income & Other	-2.66	6.77	3	0.94	0.01	0.01
Total Common Equity	2,902	2,648	2,477	2,319	2,189	919.62
Minority Interest	0.3	0.68	2.67	0.74	0.56	0.75
Shareholders' Equity	2,902	2,649	2,479	2,320	2,189	920.38
Total Liabilities & Equity	5,328	4,538	3,521	3,179	2,937	1,836
Total Debt	958.96	624.97	276.82	283.92	251.24	336.91
Net Cash (Debt)	-156.6	191.47	559.77	460.59	610.73	-269.04
Net Cash Growth	-	-65.80%	21.53%	-24.58%	-	-
Net Cash Per Share	-0.38	0.47	1.36	1.11	1.67	-0.75
Filing Date Shares Outstanding	410	410	410	410	410	360
Total Common Shares Outstanding	410	410	410	410	410	360
Working Capital	1,135	1,097	1,275	1,313	1,283	300.95
Book Value Per Share	7.08	6.46	6.04	5.66	5.34	2.55
Tangible Book Value	2,775	2,519	2,364	2,204	2,096	848.33
Tangible Book Value Per Share	6.77	6.14	5.77	5.38	5.11	2.36
Buildings	-	420.56	409.5	365.81	85.71	85.49
Machinery	-	1,230	967.83	822.8	738.38	630.81
Construction In Progress	-	202.32	112.18	59.22	244.64	152.23

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