SHE:001287 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	3,351	3,168	3,221	2,293	1,629	1,479
Trading Asset Securities	-	-	200.16	401.66	582.78	1,036
Cash & Short-Term Investments	3,351	3,168	3,421	2,695	2,212	2,515
Cash Growth	34.52%	-7.40%	26.95%	21.83%	-12.06%	-9.84%
Accounts Receivable	27,224	12,085	9,684	8,539	6,285	5,345
Other Receivables	20.32	41.06	47.08	54.13	49.48	78.56
Receivables	27,245	12,126	9,731	8,594	6,335	5,424
Inventory	10,976	12,255	10,694	8,648	9,592	10,415
Prepaid Expenses	-	-	-	-	10.8	-
Other Current Assets	4,058	1,683	2,171	2,264	1,148	1,590
Total Current Assets	45,630	29,232	26,017	22,200	19,298	19,944
Property, Plant & Equipment	197.88	192.47	140.02	130.86	146.64	145
Long-Term Investments	207.56	207.56	207.56	249.94	168.14	133.38
Other Intangible Assets	25.7	26.51	28.39	21.32	23.06	24.47
Long-Term Deferred Tax Assets	134.46	126.77	103.06	96.79	83.99	57.6
Long-Term Deferred Charges	2.03	2.35	3.62	5.53	8.27	9.36
Other Long-Term Assets	-	-	-	0.27	-	1.8
Total Assets	46,198	29,788	26,500	22,704	19,728	20,316
Accounts Payable	8,879	8,030	5,919	2,794	2,971	3,744
Accrued Expenses	97.26	133.36	106.47	166.19	99.62	130.18
Short-Term Debt	29,406	14,247	13,657	11,976	11,074	9,695
Current Portion of Long-Term Debt	504.69	0.31	-	660.82	20.61	491.69
Current Portion of Leases	-	9.18	10.46	14.34	15.3	11.76
Current Income Taxes Payable	138.2	49.69	9.85	8.66	75.92	90.06
Current Unearned Revenue	1,457	1,173	1,345	1,793	1,756	2,627
Other Current Liabilities	111.83	192.69	184.25	217	258.68	407.82
Total Current Liabilities	40,595	23,835	21,233	17,629	16,271	17,197
Long-Term Debt	-	500	-	-	660	680
Long-Term Leases	8.92	5.63	9.16	8.06	17.09	20.46
Long-Term Unearned Revenue	-	-	-	-	0.01	0.2
Long-Term Deferred Tax Liabilities	9.64	9.23	15.26	11.1	11.23	5.9
Other Long-Term Liabilities	46.75	49.17	-	-	-	-
Total Liabilities	40,660	24,399	21,257	17,648	16,960	17,904
Common Stock	759.9	759.9	759.9	759.9	569.93	569.93
Additional Paid-In Capital	3,100	3,100	3,100	3,100	1,157	1,157
Retained Earnings	1,660	1,502	1,303	1,130	1,001	705.33
Comprehensive Income & Other	17.02	26.39	79.46	65.48	39.27	-20.21
Shareholders' Equity	5,538	5,388	5,242	5,056	2,768	2,412
Total Liabilities & Equity	46,198	29,788	26,500	22,704	19,728	20,316
Total Debt	29,920	14,762	13,677	12,659	11,787	10,899
Net Cash (Debt)	-26,568	-11,594	-10,256	-9,964	-9,575	-8,384
Net Cash Per Share	-34.96	-15.26	-13.49	-13.99	-16.80	-14.71
Filing Date Shares Outstanding	759.9	759.9	759.9	759.9	569.93	569.93
Total Common Shares Outstanding	759.9	759.9	759.9	759.9	569.93	569.93
Working Capital	5,035	5,397	4,784	4,570	3,026	2,747
Book Value Per Share	7.29	7.09	6.90	6.65	4.86	4.23
Tangible Book Value	5,512	5,362	5,214	5,035	2,745	2,388
Tangible Book Value Per Share	7.25	7.06	6.86	6.63	4.82	4.19
Buildings	-	92.7	92.7	92.7	92.7	92.7
Machinery	-	62.68	61.57	60.87	57.85	48.03
Construction In Progress	-	83.08	19.67	-	-	-

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