SHE:301631 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 2021	FY 2020
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	609.5	1,227	1,391	130.58	57.86	15.01
Trading Asset Securities	727.02	191.08	-	-	-	-
Cash & Short-Term Investments	1,337	1,418	1,391	130.58	57.86	15.01
Cash Growth	-13.77%	1.99%	965.02%	125.69%	285.47%	-60.71%
Accounts Receivable	1,793	2,111	1,580	1,269	712.99	317.72
Other Receivables	19.45	15.99	40.66	18.95	0.85	0.28
Receivables	1,813	2,127	1,620	1,288	713.84	318
Inventory	1,003	941.41	690.01	524.22	321.87	183.05
Other Current Assets	21.81	32.63	11.32	3.88	12.15	10.97
Total Current Assets	4,174	4,519	3,712	1,946	1,106	527.03
Property, Plant & Equipment	1,291	1,249	870.66	556.14	245.06	75.03
Long-Term Investments	129.62	109.64	28.09	27.86	36.5	36.11
Other Intangible Assets	83.65	52.81	50.45	49.3	11.3	1.76
Long-Term Deferred Tax Assets	93.55	95.93	88.37	62.54	23.98	11.08
Long-Term Deferred Charges	54.22	51.73	32.14	29.14	7.83	6.22
Other Long-Term Assets	23.79	14.63	39.62	3.41	5.31	3.6
Total Assets	5,850	6,093	4,822	2,675	1,436	660.82
Accounts Payable	2,589	2,833	1,756	1,182	694.83	288.97
Accrued Expenses	69.69	84.92	91.96	70.35	38.55	26.74
Short-Term Debt	138.59	215.86	145.75	60.96	34.02	1.95
Current Portion of Long-Term Debt	36.42	36.47	11.55	36.25	-	34.06
Current Portion of Leases	-	-	35.64	35.03	16.2	-
Current Income Taxes Payable	40.71	47.54	25.95	21	14.8	2.7
Current Unearned Revenue	7.84	4.65	4.63	2.43	1.29	1.42
Other Current Liabilities	21.19	21.75	14.38	6.9	10.88	19.8
Total Current Liabilities	2,904	3,244	2,086	1,415	810.58	375.64
Long-Term Debt	-	-	102.51	55.1	-	-
Long-Term Leases	144.7	133.51	150.9	110.8	91.61	-
Long-Term Unearned Revenue	48	47.92	48.76	6.2	3.74	1.7
Long-Term Deferred Tax Liabilities	73.04	69.79	74.43	59.78	11.68	7.57
Total Liabilities	3,169	3,495	2,463	1,647	917.61	384.91
Common Stock	91.41	91.41	65.3	48.97	48.97	43.09
Additional Paid-In Capital	1,232	1,223	1,235	163.23	156.83	59.39
Retained Earnings	1,312	1,241	1,044	801.69	297	154.39
Comprehensive Income & Other	31.08	27.75	-0.27	-	-	-
Total Common Equity	2,666	2,583	2,344	1,014	502.79	256.87
Minority Interest	14.09	14.99	14.9	14.11	15.29	19.04
Shareholders' Equity	2,680	2,598	2,359	1,028	518.09	275.91
Total Liabilities & Equity	5,850	6,093	4,822	2,675	1,436	660.82
Total Debt	319.72	385.85	446.35	298.15	141.83	36.01
Net Cash (Debt)	1,017	1,033	944.32	-167.57	-83.98	-21
Net Cash Growth	-12.00%	9.34%	-	-	-	-
Net Cash Per Share	11.10	11.29	13.40	-2.45	-1.30	-0.35
Filing Date Shares Outstanding	91.75	91.5	91.41	68.67	68.55	60.33
Total Common Shares Outstanding	91.75	91.5	91.41	68.67	68.55	60.33
Working Capital	1,271	1,275	1,626	531.48	295.13	151.38
Book Value Per Share	29.06	28.23	25.64	14.76	7.33	4.26
Tangible Book Value	2,583	2,530	2,293	964.59	491.49	255.11
Tangible Book Value Per Share	28.15	27.65	25.09	14.05	7.17	4.23
Buildings	-	-	249.82	17.87	17.87	3.65
Machinery	-	-	407.92	285.8	136.96	96.99
Construction In Progress	190.95	-	169.02	203.96	25.03	5.25

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