SHE:301571 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	155.3	215.07	448.55	102.52	260.26	557.61
Trading Asset Securities	-	-	-	-	-	7
Cash & Short-Term Investments	155.3	215.07	448.55	102.52	260.26	564.61
Cash Growth	-59.61%	-52.05%	337.53%	-60.61%	-53.90%	835.23%
Accounts Receivable	846.28	816.54	718.17	530.32	287.24	166.39
Other Receivables	6.37	5.33	2.69	5.46	4.86	8.23
Receivables	852.65	821.87	720.85	535.78	292.1	174.62
Inventory	741.62	744.77	520.74	470.45	338.26	112.98
Other Current Assets	656	571.92	199.04	113.59	165.54	175.52
Total Current Assets	2,406	2,354	1,889	1,222	1,056	1,028
Property, Plant & Equipment	625.84	620.03	302.15	263.51	152.49	107.12
Long-Term Investments	113.46	111.33	37.99	30.3	30.8	14.37
Other Intangible Assets	8.25	8.9	10.28	10.4	16.32	22.85
Long-Term Deferred Tax Assets	25.23	22.18	17.08	7.2	2.28	1.75
Long-Term Deferred Charges	11.58	10	2.73	3.73	5.13	3.12
Other Long-Term Assets	273.3	242.67	248.24	57.2	41.57	28.8
Total Assets	3,463	3,369	2,508	1,595	1,305	1,206
Accounts Payable	85.03	92.12	54.17	50.21	48.71	129.23
Accrued Expenses	22.59	23.86	22.45	18.89	17.52	10.7
Short-Term Debt	1,171	1,096	547.89	230.25	65.09	-
Current Portion of Long-Term Debt	8.08	7.28	-	-	-	-
Current Portion of Leases	-	-	6.88	8.78	11.67	6.56
Current Income Taxes Payable	13.27	14.79	11.68	11.46	9.18	8.12
Current Unearned Revenue	28.32	30.79	14.9	9.93	10.21	9.68
Other Current Liabilities	19.8	9.59	4.86	21.24	26.15	19.09
Total Current Liabilities	1,348	1,275	662.82	350.75	188.52	183.38
Long-Term Leases	39.3	41.47	2.64	6.55	4.93	12.8
Long-Term Unearned Revenue	-	-	-	3.15	3.15	2.53
Long-Term Deferred Tax Liabilities	1.25	1.25	-	-	-	-
Other Long-Term Liabilities	5.94	5.49	4.38	2.6	1.62	1.03
Total Liabilities	1,394	1,323	669.85	363.05	198.23	199.74
Common Stock	179.43	179.43	179.43	134.57	134.57	134.57
Additional Paid-In Capital	1,183	1,183	1,178	787.54	787.54	789.9
Retained Earnings	685.96	661.04	474.32	301.64	174.85	77.35
Comprehensive Income & Other	15.77	15.77	0.28	3.74	3.35	-
Total Common Equity	2,065	2,040	1,832	1,227	1,100	1,002
Minority Interest	4.47	6.19	6.08	4.14	6.22	4.17
Shareholders' Equity	2,069	2,046	1,838	1,232	1,107	1,006
Total Liabilities & Equity	3,463	3,369	2,508	1,595	1,305	1,206
Total Debt	1,218	1,145	557.41	245.58	81.69	19.36
Net Cash (Debt)	-1,063	-929.96	-108.86	-143.06	178.58	545.24
Net Cash Growth	-	-	-	-	-67.25%	2079.66%
Net Cash Per Share	-6.03	-5.19	-0.73	-1.06	1.32	4.68
Filing Date Shares Outstanding	178.01	179.43	179.43	134.57	135.41	134.57
Total Common Shares Outstanding	178.01	179.43	179.43	134.57	135.41	134.57
Working Capital	1,058	1,079	1,226	871.58	867.64	844.35
Book Value Per Share	11.60	11.37	10.21	9.12	8.13	7.44
Tangible Book Value	2,056	2,031	1,821	1,217	1,084	978.98
Tangible Book Value Per Share	11.55	11.32	10.15	9.04	8.01	7.27
Machinery	-	-	250.41	174.32	153.12	93.99
Construction In Progress	-	-	99.41	109.46	-	-

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