SHE:301682 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	2,547	599.2	751.53	739.65	429.94
Trading Asset Securities	200.04	140.14	50	0.46	1.92
Cash & Short-Term Investments	2,747	739.34	801.53	740.11	431.86
Cash Growth	536.17%	-7.76%	8.30%	71.38%	-
Accounts Receivable	2,531	2,305	1,949	1,870	1,900
Other Receivables	11.74	8.75	3.7	0.63	1.13
Receivables	2,543	2,313	1,953	1,870	1,901
Inventory	932.05	963.69	957.71	1,052	1,023
Prepaid Expenses	-	-	0.03	0	0.01
Other Current Assets	57.07	62.94	52.66	58.17	83.53
Total Current Assets	6,279	4,079	3,764	3,721	3,440
Property, Plant & Equipment	1,334	1,338	1,349	1,089	899.29
Long-Term Investments	22.23	22.09	21.62	20.74	19.78
Goodwill	0.16	0.16	0.16	0.16	0.16
Other Intangible Assets	88.2	89.72	88.69	89.88	72.86
Long-Term Deferred Tax Assets	109.33	106.26	96.51	88.84	65.76
Long-Term Deferred Charges	67.01	67.91	51.65	12.71	5.69
Other Long-Term Assets	41.56	42.32	26.51	70.17	148.67
Total Assets	7,941	5,746	5,399	5,093	4,652
Accounts Payable	655.57	688.97	715.74	601.88	677.85
Accrued Expenses	164.79	237.61	233.26	242.44	256.47
Short-Term Debt	309.16	266.81	163.15	253.18	343.47
Current Portion of Long-Term Debt	188.3	212.87	98.58	30.54	53.99
Current Portion of Leases	-	-	7.87	7.48	1.9
Current Income Taxes Payable	79.11	8.35	3.36	16.49	10.75
Current Unearned Revenue	11.5	28.98	17.74	19.68	37.63
Other Current Liabilities	40.67	54.74	66.42	35.75	35.87
Total Current Liabilities	1,449	1,498	1,306	1,207	1,418
Long-Term Debt	191.7	188.77	379.99	413.64	279.64
Long-Term Leases	37.65	37.93	29.09	32.87	7.9
Long-Term Unearned Revenue	95.39	96.04	81.84	77.53	80.83
Pension & Post-Retirement Benefits	-	-	8.74	6.86	6.69
Long-Term Deferred Tax Liabilities	45.72	45.32	46.02	45.32	30.43
Other Long-Term Liabilities	51.95	52.76	69.62	73.16	32.93
Total Liabilities	1,872	1,919	1,921	1,857	1,856
Common Stock	121.55	91.16	91.16	91.16	89.1
Additional Paid-In Capital	2,136	128.9	128.9	128.9	130.44
Retained Earnings	2,716	2,576	2,331	2,163	1,858
Comprehensive Income & Other	29.62	29.48	31.75	30.14	26.14
Total Common Equity	5,003	2,826	2,582	2,413	2,104
Minority Interest	1,066	1,000	895.07	823.46	692.21
Shareholders' Equity	6,070	3,826	3,478	3,236	2,796
Total Liabilities & Equity	7,941	5,746	5,399	5,093	4,652
Total Debt	726.81	706.38	678.67	737.7	686.9
Net Cash (Debt)	2,021	32.96	122.85	2.41	-255.04
Net Cash Growth	-	-73.17%	4998.80%	-	-
Net Cash Per Share	22.16	0.36	1.56	0.03	-2.80
Filing Date Shares Outstanding	121.55	91.16	91.16	91.08	91.1
Total Common Shares Outstanding	121.55	91.16	91.16	91.08	91.1
Working Capital	4,830	2,581	2,458	2,514	2,022
Book Value Per Share	41.16	31.00	28.33	26.49	23.09
Tangible Book Value	4,915	2,736	2,494	2,323	2,031
Tangible Book Value Per Share	40.43	30.01	27.35	25.50	22.29
Buildings	-	-	510.79	467.04	465.73
Machinery	-	-	1,232	1,087	945.75
Construction In Progress	-	-	309.74	143.26	26.73