SHE:001288 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	1,331	1,695	1,370	1,445	891.39	817.76
Trading Asset Securities	128.35	6.27	130	40.05	-	149.7
Cash & Short-Term Investments	1,460	1,701	1,500	1,486	891.39	967.46
Cash Growth	22.71%	13.46%	0.95%	66.65%	-7.86%	138.36%
Accounts Receivable	1,608	1,816	1,494	1,161	1,064	926.34
Other Receivables	49.7	72.48	244.75	75.39	26.96	14.3
Receivables	1,658	1,888	1,739	1,236	1,091	940.65
Inventory	429.82	431.62	325.24	182	86.09	56.47
Other Current Assets	766.28	110.63	353.55	22.09	22.35	12.29
Total Current Assets	4,313	4,132	3,917	2,926	2,091	1,977
Property, Plant & Equipment	801.48	760.05	526.55	333.65	261.39	156.98
Long-Term Investments	189.55	165.72	-	182.3	175.42	180.87
Goodwill	113.39	113.52	126.74	-	-	-
Other Intangible Assets	133.52	135.04	124.53	54.19	39.23	39.15
Long-Term Accounts Receivable	-	238.37	119.15	-	-	-
Long-Term Deferred Tax Assets	53.95	52.93	54.42	42.52	38.94	29.27
Long-Term Deferred Charges	16.41	18.97	24.55	0.71	1.12	-
Other Long-Term Assets	224.04	57.35	19.18	1.51	14.17	1.08
Total Assets	5,846	5,674	4,912	3,540	2,621	2,384
Accounts Payable	1,160	1,051	1,297	670.94	592.57	458.78
Accrued Expenses	22.42	65	53.31	27.53	34.75	27.14
Short-Term Debt	30.03	65.03	31.03	-	-	20
Current Portion of Long-Term Debt	218.03	236.04	88.03	-	-	-
Current Portion of Leases	-	12.89	7.89	3.43	4.5	-
Current Income Taxes Payable	30.9	39.64	38.97	10.17	13.21	11.9
Current Unearned Revenue	199.56	117.51	179.86	108.38	79.32	52.23
Other Current Liabilities	70.79	43.28	63.4	15.27	13	9.17
Total Current Liabilities	1,732	1,630	1,759	835.72	737.34	579.22
Long-Term Debt	1,450	1,444	767.14	555.71	-	-
Long-Term Leases	21.91	21.36	24.27	0.45	4.19	-
Long-Term Unearned Revenue	74.03	69.6	22.64	21.93	15.68	13.42
Long-Term Deferred Tax Liabilities	6.15	6.14	36.34	51.86	22.33	21.59
Other Long-Term Liabilities	0.52	3.02	-	-	-	-
Total Liabilities	3,285	3,175	2,610	1,466	779.54	614.23
Common Stock	234.88	234.88	166.87	160	160	160
Additional Paid-In Capital	711.15	707.57	791.52	689.33	688.71	690.31
Retained Earnings	1,386	1,335	1,181	939.78	853.49	783.23
Treasury Stock	-17.4	-17.4	-91.86	-	-	-
Comprehensive Income & Other	126.92	127.49	145.18	285.72	133.18	136.45
Total Common Equity	2,442	2,387	2,193	2,075	1,835	1,770
Minority Interest	118.99	111.29	110.13	-	6.09	-
Shareholders' Equity	2,561	2,499	2,303	2,075	1,841	1,770
Total Liabilities & Equity	5,846	5,674	4,912	3,540	2,621	2,384
Total Debt	1,720	1,780	918.36	559.59	8.68	20
Net Cash (Debt)	-260.62	-78.31	581.25	925.95	882.71	947.46
Net Cash Growth	-	-	-37.23%	4.90%	-6.83%	177.94%
Net Cash Per Share	-0.96	-0.30	2.55	4.14	3.95	5.32
Filing Date Shares Outstanding	233.73	232.98	230.18	224	224	224
Total Common Shares Outstanding	233.73	232.98	230.18	224	224	224
Working Capital	2,581	2,501	2,158	2,090	1,353	1,398
Book Value Per Share	10.45	10.25	9.53	9.26	8.19	7.90
Tangible Book Value	2,195	2,139	1,942	2,021	1,796	1,731
Tangible Book Value Per Share	9.39	9.18	8.43	9.02	8.02	7.73
Buildings	-	433.39	431.47	260.02	240.06	240.06
Machinery	-	320.33	267.48	121.94	85.09	81.73
Construction In Progress	-	281.61	59.63	138.21	101.34	0.25

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