SHE:301487 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	559.06	467.52	329.35	448.33	326.46	304.95
Cash & Short-Term Investments	559.06	467.52	329.35	448.33	326.46	304.95
Cash Growth	92.94%	41.95%	-26.54%	37.33%	7.05%	67.32%
Accounts Receivable	1,589	1,403	1,254	1,743	1,801	1,766
Other Receivables	4.91	4.93	8.11	11.67	7.13	5.25
Receivables	1,594	1,408	1,263	1,755	1,808	1,771
Inventory	888.08	809.15	447.34	239.78	554.56	644.44
Prepaid Expenses	-	-	0.03	0.03	0.34	0.19
Other Current Assets	56.32	43.21	16.53	37.06	22.87	105.07
Total Current Assets	3,097	2,728	2,056	2,480	2,712	2,826
Property, Plant & Equipment	891.27	909.14	988.22	949.06	1,010	907.7
Long-Term Investments	26.01	27.56	35.06	37.91	58.27	58.95
Other Intangible Assets	107.4	108.31	129.44	104.38	107.52	110.34
Long-Term Deferred Tax Assets	102.98	107.51	91.42	64.41	67.37	18.11
Long-Term Deferred Charges	5.11	5.73	6.4	11.62	2.6	3.45
Other Long-Term Assets	24.16	24.56	3.73	98.3	103.92	91.41
Total Assets	4,254	3,911	3,310	3,746	4,062	4,016
Accounts Payable	1,764	1,546	929.29	727.64	851.44	1,188
Accrued Expenses	12.75	31.98	24.21	26.93	24.37	18.32
Short-Term Debt	234.31	247.13	152.49	549.57	918.24	542.75
Current Portion of Long-Term Debt	-	-	181.64	50	35	20
Current Portion of Leases	-	-	-	0.5	0.48	1.23
Current Income Taxes Payable	1.83	-	-	-	0.05	0.03
Current Unearned Revenue	74.01	9.48	35.28	3.03	1.49	-
Other Current Liabilities	134.74	68.23	15.17	124.1	192.16	331.83
Total Current Liabilities	2,222	1,903	1,338	1,482	2,023	2,102
Long-Term Debt	-	-	-	154.5	204.5	211.16
Long-Term Leases	-	-	-	9.73	9.26	-
Long-Term Unearned Revenue	34.42	35.78	20.51	50.65	58.65	26.53
Long-Term Deferred Tax Liabilities	52.33	54	53.34	53.28	56.98	31.99
Other Long-Term Liabilities	-	-	-	-	-	40.54
Total Liabilities	2,308	1,993	1,412	1,750	2,353	2,412
Common Stock	459.62	459.62	459.62	459.62	401.62	401.62
Additional Paid-In Capital	1,008	1,008	1,008	1,008	819.23	818.5
Retained Earnings	483.11	463.25	436.06	519.98	459.97	367.64
Comprehensive Income & Other	-20.1	-28.02	-21.64	-17.84	-0.53	0.04
Total Common Equity	1,931	1,903	1,882	1,970	1,680	1,588
Minority Interest	14.94	15	16.02	25.81	29.18	16.06
Shareholders' Equity	1,946	1,918	1,898	1,996	1,709	1,604
Total Liabilities & Equity	4,254	3,911	3,310	3,746	4,062	4,016
Total Debt	234.31	247.13	334.13	764.29	1,167	775.14
Net Cash (Debt)	324.75	220.39	-4.79	-315.97	-841.02	-470.2
Net Cash Per Share	0.71	0.48	-0.01	-0.75	-2.09	-1.17
Filing Date Shares Outstanding	459.84	459.62	459.62	459.62	401.84	401.62
Total Common Shares Outstanding	459.84	459.62	459.62	459.62	401.84	401.62
Working Capital	875.45	824.89	717.69	998.1	688.83	724.12
Book Value Per Share	4.20	4.14	4.09	4.29	4.18	3.95
Tangible Book Value	1,823	1,795	1,753	1,865	1,573	1,477
Tangible Book Value Per Share	3.97	3.90	3.81	4.06	3.91	3.68
Buildings	-	547.8	575.92	493.86	493.18	438.25
Machinery	-	839.24	770.32	775.62	745.74	487.66
Construction In Progress	-	22.75	89.97	13.78	19.77	153.34

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