SHE:301408 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	801.07	957.97	1,002	1,336	482.1	284.51
Trading Asset Securities	198	22	10	12.41	-	0.5
Cash & Short-Term Investments	999.07	979.97	1,012	1,349	482.1	285.01
Cash Growth	-6.08%	-3.13%	-24.99%	179.76%	69.16%	23.37%
Accounts Receivable	581.28	588.83	472.6	513.14	470.77	294.32
Other Receivables	56.04	9.6	8.81	36.24	34.52	30.82
Receivables	637.32	598.43	481.42	549.38	505.29	325.14
Inventory	1,089	1,055	863.84	772.09	545.01	436.19
Prepaid Expenses	-	13.55	15.63	8.27	2.52	4.22
Other Current Assets	257.24	266.34	224.87	147.78	165.22	62.74
Total Current Assets	2,982	2,913	2,597	2,826	1,700	1,113
Property, Plant & Equipment	976.28	985	967.8	870.15	533.42	542.53
Long-Term Investments	45.52	45.52	82.2	92.81	25.45	8.92
Goodwill	1,282	1,282	988.37	609.31	190.06	190.06
Other Intangible Assets	63.15	63.9	67.21	62.51	33	8.26
Long-Term Deferred Tax Assets	56.26	51.78	40.65	32.83	21.92	15.17
Long-Term Deferred Charges	82.81	82.96	59.03	52.11	58.97	92.32
Other Long-Term Assets	62.34	63.84	25.48	65.74	13.23	0.5
Total Assets	5,551	5,488	4,828	4,612	2,576	1,971
Accounts Payable	1,750	1,666	1,158	1,027	698.74	468.23
Accrued Expenses	59.4	174.24	140.25	99.84	101.68	79.98
Short-Term Debt	267.26	345.3	316.92	513.51	340.31	150.77
Current Portion of Long-Term Debt	357.43	179.36	116.02	10.25	-	-
Current Portion of Leases	-	199.71	210.44	193.64	154.24	144
Current Income Taxes Payable	66.01	38.14	20.63	12.3	34.63	13.15
Current Unearned Revenue	35.58	42.86	37.11	27.06	19.41	11.25
Other Current Liabilities	112.99	39.74	178.94	80.31	12.7	15.25
Total Current Liabilities	2,649	2,686	2,179	1,964	1,362	882.64
Long-Term Debt	437.15	407.08	358.83	331.15	18.95	-
Long-Term Leases	209.05	220.08	222.85	237.65	248.51	303.03
Long-Term Unearned Revenue	1.75	1.81	0.81	0.91	-	-
Long-Term Deferred Tax Liabilities	6.1	6.2	6.65	6.32	-	-
Other Long-Term Liabilities	4.5	4.5	-	95.4	-	0.33
Total Liabilities	3,307	3,325	2,768	2,635	1,629	1,186
Common Stock	400.01	400.01	400.01	400.01	340	340
Additional Paid-In Capital	916.8	916.8	977.86	1,014	194.7	192.99
Retained Earnings	859.51	780.17	627.42	529.39	412.58	251.81
Total Common Equity	2,176	2,097	2,005	1,944	947.28	784.8
Minority Interest	67.43	66.13	55.14	33	-0.27	0.25
Shareholders' Equity	2,244	2,163	2,060	1,977	947.01	785.05
Total Liabilities & Equity	5,551	5,488	4,828	4,612	2,576	1,971
Total Debt	1,271	1,352	1,225	1,286	762.02	597.8
Net Cash (Debt)	-271.83	-371.57	-213.43	62.53	-279.92	-312.8
Net Cash Per Share	-0.68	-0.93	-0.53	0.16	-0.82	-0.94
Filing Date Shares Outstanding	400.01	400.01	400.01	400.01	340	340
Total Common Shares Outstanding	400.01	400.01	400.01	400.01	340	340
Working Capital	333.52	227.37	418.84	862.52	338.42	230.65
Book Value Per Share	5.44	5.24	5.01	4.86	2.79	2.31
Tangible Book Value	830.76	750.67	949.71	1,272	724.22	586.49
Tangible Book Value Per Share	2.08	1.88	2.37	3.18	2.13	1.72
Buildings	-	382.39	219.2	238.73	23.15	23.15
Machinery	-	337.07	297.24	270.16	79.38	65.74
Construction In Progress	-	34.73	168.66	61.34	32.24	0.25