SHE:301387 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	372.58	450.62	259.22	279.86	141.17	160.16
Trading Asset Securities	125.18	216.23	240.64	379.17	-	1.67
Cash & Short-Term Investments	497.76	666.85	499.86	659.03	141.17	161.83
Cash Growth	-14.50%	33.41%	-24.15%	366.84%	-12.77%	57.81%
Accounts Receivable	797.72	799.98	643.51	491.87	409.38	433.32
Other Receivables	3.94	3.54	73.48	5.42	7.37	1.43
Receivables	801.66	803.52	716.99	497.29	416.75	434.75
Inventory	211	234.21	169.11	125.69	87.23	82.48
Prepaid Expenses	-	-	-	-	3.06	-
Other Current Assets	125.55	67.18	59.06	43.16	22.24	14.73
Total Current Assets	1,636	1,772	1,445	1,325	670.45	693.79
Property, Plant & Equipment	708.97	724.61	719.23	567.62	469.94	252.28
Long-Term Investments	-	-	-	63.81	64.18	60.8
Goodwill	18.7	18.7	6.52	4.37	4.37	4.37
Other Intangible Assets	35.13	35.36	33.91	31.89	32.65	27.31
Long-Term Accounts Receivable	-	-	0.52	-	-	-
Long-Term Deferred Tax Assets	62.66	57.24	55.39	25.63	22.6	8.04
Long-Term Deferred Charges	31.05	37.12	21.1	6.87	4.53	3.78
Other Long-Term Assets	83.5	55.47	40.9	25.66	9.18	6.3
Total Assets	2,576	2,700	2,323	2,051	1,278	1,057
Accounts Payable	618.33	645.27	407.38	271	239.16	296.72
Accrued Expenses	17.75	29.1	25.62	31.09	33.33	32.12
Short-Term Debt	148.83	213.25	86.22	2.42	156.19	84.93
Current Portion of Long-Term Debt	35.56	8.32	8.46	-	103.69	10.09
Current Portion of Leases	-	26.97	27.21	18.39	17.73	15.19
Current Income Taxes Payable	1.49	1.27	2.93	2.8	5.26	4.59
Current Unearned Revenue	2	3.86	7.83	3.57	0.14	0.27
Other Current Liabilities	20.91	26.61	30.83	33.9	47.48	34.74
Total Current Liabilities	844.88	954.64	596.5	363.17	602.97	478.66
Long-Term Debt	30.68	33.98	19.85	-	39.64	60
Long-Term Leases	24.93	29.74	46.33	33.91	50.44	40.85
Long-Term Deferred Tax Liabilities	12.79	12.87	14.67	8.68	10.65	0.4
Other Long-Term Liabilities	-	0.66	3.64	-	-	-
Total Liabilities	913.29	1,032	680.99	405.77	703.7	579.91
Common Stock	106.75	106.75	106.49	76	57	57
Additional Paid-In Capital	1,182	1,181	1,176	1,199	213.66	213.66
Retained Earnings	344.28	345.86	345.43	364.11	304	208.43
Treasury Stock	-1	-1	-1.68	-	-	-
Comprehensive Income & Other	0.03	1.05	-3.61	5.52	-0.63	-0.96
Total Common Equity	1,632	1,634	1,622	1,645	574.03	478.13
Minority Interest	30.73	34.39	19.17	0.6	0.17	-1.38
Shareholders' Equity	1,663	1,668	1,642	1,645	574.21	476.75
Total Liabilities & Equity	2,576	2,700	2,323	2,051	1,278	1,057
Total Debt	240.01	312.25	188.08	54.72	367.68	211.06
Net Cash (Debt)	257.75	354.6	311.78	604.31	-226.51	-49.23
Net Cash Growth	-32.49%	13.73%	-48.41%	-	-	-
Net Cash Per Share	2.42	3.32	2.92	6.20	-2.84	-0.62
Filing Date Shares Outstanding	106.59	106.75	106.49	106.4	79.8	79.8
Total Common Shares Outstanding	106.59	106.75	106.49	106.4	79.8	79.8
Working Capital	791.08	817.12	848.52	962	67.48	215.14
Book Value Per Share	15.31	15.31	15.24	15.46	7.19	5.99
Tangible Book Value	1,578	1,580	1,582	1,608	537.02	446.46
Tangible Book Value Per Share	14.81	14.80	14.86	15.12	6.73	5.59
Buildings	-	427.33	414.33	364.61	42.81	-
Machinery	-	313.37	246.39	134.24	110.96	75.77
Construction In Progress	-	3.64	35.01	54.07	287.44	148.08

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