SHE:001301 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	2,219	720.16	685.43	133.97	2,151	120.95
Trading Asset Securities	0.18	0.18	0.18	-	-	-
Cash & Short-Term Investments	2,219	720.33	685.6	133.97	2,151	120.95
Cash Growth	315.16%	5.07%	411.74%	-93.77%	1678.25%	15.72%
Accounts Receivable	4,554	3,297	3,195	2,166	2,450	1,782
Other Receivables	7.79	8.31	7.73	8.33	14.97	-
Receivables	4,562	3,306	3,203	3,387	2,465	1,782
Inventory	2,108	1,771	1,555	1,092	1,473	430.83
Prepaid Expenses	-	-	0.14	-	54	-
Other Current Assets	825.91	1,616	226.15	116.53	108.51	143.28
Total Current Assets	9,715	7,413	5,670	4,729	6,251	2,477
Property, Plant & Equipment	3,467	3,322	3,198	2,373	2,289	895.57
Long-Term Investments	0.38	0.38	0.35	0.29	0.4	-
Other Intangible Assets	771.15	552.41	278.3	211.27	215.69	157.33
Long-Term Deferred Tax Assets	97.63	76.85	72.73	53.51	48.26	27.64
Long-Term Deferred Charges	7.94	3.69	1.59	2.15	2.9	0.57
Other Long-Term Assets	269.8	369.68	44.79	48.42	63.58	114.59
Total Assets	14,329	11,738	9,265	7,418	8,870	3,672
Accounts Payable	551.35	527.72	651.86	201.57	418	73.77
Accrued Expenses	48.1	74.29	84.09	118.72	53.82	42.73
Short-Term Debt	1,165	885.82	578.13	651.73	1,688	273.17
Current Portion of Long-Term Debt	1,039	898.83	208.05	4.51	-	-
Current Portion of Leases	-	-	37.37	107.46	237.74	125.49
Current Income Taxes Payable	100.38	66.45	66.42	45.72	63.99	64.79
Current Unearned Revenue	9.99	8.33	5.66	20.21	813.76	856.52
Other Current Liabilities	35.7	35.4	40.65	34.26	116.49	183.07
Total Current Liabilities	2,949	2,497	1,672	1,184	3,392	1,620
Long-Term Debt	3,824	1,899	1,147	444.31	-	-
Long-Term Leases	78.8	45.66	30.2	35.13	233.3	158.99
Long-Term Unearned Revenue	170.71	177.75	149.77	89.55	47.03	48.97
Long-Term Deferred Tax Liabilities	0.52	0.55	0.7	0.84	0.99	1.13
Other Long-Term Liabilities	110.93	106.18	-	-0.77	-	-
Total Liabilities	7,134	4,726	3,000	1,753	3,673	1,829
Common Stock	260.8	260.8	260.96	260.76	259.77	194.83
Additional Paid-In Capital	3,061	3,062	3,061	3,041	3,012	1,013
Retained Earnings	3,937	3,756	3,018	2,389	1,925	636
Treasury Stock	-84.58	-84.58	-74.74	-26.24	-	-
Comprehensive Income & Other	20.89	17.59	-0.15	-	-	-
Shareholders' Equity	7,196	7,012	6,265	5,664	5,197	1,844
Total Liabilities & Equity	14,329	11,738	9,265	7,418	8,870	3,672
Total Debt	6,106	3,729	2,001	1,243	2,159	557.64
Net Cash (Debt)	-3,887	-3,009	-1,315	-1,109	-8.48	-436.7
Net Cash Per Share	-14.94	-11.55	-5.05	-4.27	-0.04	-2.24
Filing Date Shares Outstanding	258.32	260.71	260.96	261.98	259.77	194.83
Total Common Shares Outstanding	258.32	260.71	260.96	261.98	259.77	194.83
Working Capital	6,766	4,916	3,997	3,545	2,859	857.03
Book Value Per Share	27.86	26.90	24.01	21.62	20.00	9.46
Tangible Book Value	6,425	6,459	5,987	5,453	4,981	1,686
Tangible Book Value Per Share	24.87	24.78	22.94	20.81	19.17	8.66
Buildings	-	-	841.88	706.43	654.93	251.56
Machinery	-	-	2,274	2,058	1,754	661.06
Construction In Progress	-	-	687.32	39.83	124.3	119.62

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