SHE:001283 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	1,046	1,196	1,060	2,181	1,006	447.04
Trading Asset Securities	-	-	-	-	100	-
Cash & Short-Term Investments	1,046	1,196	1,060	2,181	1,106	447.04
Cash Growth	-27.38%	12.83%	-51.39%	97.20%	147.35%	-11.16%
Accounts Receivable	1,427	1,502	1,665	1,614	809.09	870.98
Other Receivables	64.42	64.2	55.88	77.24	98.72	49.61
Receivables	1,492	1,567	1,721	1,691	907.8	920.59
Inventory	860.83	740.43	864.35	709.1	640.4	501.89
Prepaid Expenses	-	-	-	2.78	2.47	11.64
Other Current Assets	378.1	364.62	438.74	197.7	87.09	56.1
Total Current Assets	3,777	3,868	4,084	4,782	2,744	1,937
Property, Plant & Equipment	4,143	4,169	4,226	3,325	1,802	1,322
Long-Term Investments	126.89	125.2	98.54	94.38	55.19	53.06
Other Intangible Assets	162.84	161.06	156.7	158.49	162.19	162.31
Long-Term Accounts Receivable	-	-	-	-	-	1.41
Long-Term Deferred Tax Assets	129.91	125.05	121.34	88.18	62.59	42.14
Long-Term Deferred Charges	95.81	98.28	85.94	22.82	28.04	31.89
Other Long-Term Assets	28.47	3.04	22.6	82.81	57.28	31.28
Total Assets	8,464	8,549	8,795	8,554	4,911	3,581
Accounts Payable	2,688	2,946	3,415	3,240	1,619	1,508
Accrued Expenses	109.49	192.36	231.28	214.21	184.92	154.2
Short-Term Debt	30	30	326	387.97	89	57.38
Current Portion of Long-Term Debt	150.39	118.2	8.4	19.59	108.98	-
Current Portion of Leases	-	7.71	14.89	13.53	20.43	52.69
Current Income Taxes Payable	12.11	5.95	7.3	0.21	6.59	9.95
Current Unearned Revenue	78.52	39.21	21.17	8.3	28.66	37.83
Other Current Liabilities	185.27	132.54	159.97	122.39	62.06	31.68
Total Current Liabilities	3,254	3,472	4,184	4,006	2,119	1,852
Long-Term Debt	1,470	1,405	2,052	1,836	444.31	441.25
Long-Term Leases	66.71	45.24	42.8	48.02	1.29	20.19
Long-Term Unearned Revenue	105.75	109.93	62.94	63.84	44.49	42.88
Long-Term Deferred Tax Liabilities	6.83	7.1	8.78	12.42	17.47	19.51
Other Long-Term Liabilities	-	-	17.95	26.15	33.35	52.67
Total Liabilities	4,903	5,039	6,368	5,992	2,660	2,428
Common Stock	99.94	99.94	80.61	82.29	80	60
Additional Paid-In Capital	2,429	2,407	1,407	1,461	1,373	449.81
Retained Earnings	1,105	1,065	897.98	843.75	818.01	658.89
Treasury Stock	-51.58	-39.45	-196.2	-64.63	-	-
Comprehensive Income & Other	-21.58	-22.75	237.56	239.11	-20.33	-15.62
Total Common Equity	3,561	3,510	2,427	2,562	2,251	1,153
Shareholders' Equity	3,561	3,510	2,427	2,562	2,251	1,153
Total Liabilities & Equity	8,464	8,549	8,795	8,554	4,911	3,581
Total Debt	1,717	1,606	2,444	2,305	664.01	571.5
Net Cash (Debt)	-670.9	-410.19	-1,384	-124.24	441.77	-124.46
Net Cash Per Share	-7.70	-4.97	-17.59	-1.53	6.64	-2.07
Filing Date Shares Outstanding	95.4	99.12	76.34	80.86	80	60
Total Common Shares Outstanding	95.4	99.12	76.34	80.86	80	60
Working Capital	523.1	396.22	-100.08	775.62	624.23	85.38
Book Value Per Share	37.33	35.41	31.78	31.68	28.14	19.22
Tangible Book Value	3,398	3,349	2,270	2,403	2,089	990.77
Tangible Book Value Per Share	35.62	33.79	29.73	29.72	26.11	16.51
Buildings	-	1,880	1,675	1,297	266.92	261.46
Machinery	-	3,132	2,632	1,991	1,243	1,007
Construction In Progress	188.68	213.18	675.68	528.97	682.81	220.02

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