SHE:300012 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	905.05	1,275	882.73	1,451	1,602	1,163
Short-Term Investments	-	293.07	322.8	377.39	452.23	-
Trading Asset Securities	293.89	102.55	443.03	-	-	420.84
Cash & Short-Term Investments	1,199	1,671	1,649	1,828	2,054	1,584
Cash Growth	29.40%	1.37%	-9.82%	-10.99%	29.66%	1.40%
Accounts Receivable	2,377	2,372	2,262	1,788	1,555	1,171
Other Receivables	106.06	6.93	45.35	12.06	63.96	68.37
Receivables	2,483	2,379	2,308	1,800	1,619	1,240
Inventory	178.48	125.83	100.57	98.62	97.33	55.38
Other Current Assets	411.4	249.69	170.33	203.78	117.09	106.47
Total Current Assets	4,272	4,426	4,227	3,930	3,887	2,985
Property, Plant & Equipment	3,490	3,365	3,067	2,983	2,501	2,110
Long-Term Investments	411.58	405.59	380.26	377.42	288.47	254.79
Goodwill	1,356	1,352	1,079	805.19	613.32	589.13
Other Intangible Assets	281.78	287.57	186.02	165.59	144.07	145.77
Long-Term Deferred Tax Assets	258.84	244.66	208.48	172.17	131.37	56.95
Long-Term Deferred Charges	119.84	126.58	127.49	135.08	119.23	141.38
Other Long-Term Assets	164.16	172.43	177.93	179.86	147.47	192.56
Total Assets	10,354	10,379	9,453	8,749	7,833	6,476
Accounts Payable	731.72	843.07	822.11	883.45	748.58	553.66
Accrued Expenses	411.21	616.99	519.2	507.29	496.52	461.67
Short-Term Debt	40.32	40.11	2	7.6	2	4.75
Current Portion of Long-Term Debt	100.58	1.87	5.03	3.69	36.69	53.92
Current Portion of Leases	-	112.21	109.62	100.04	88.94	81.43
Current Income Taxes Payable	71.43	46.29	37.31	37.83	43.89	38.29
Current Unearned Revenue	170.39	159.8	127.05	100.8	128.96	118.25
Other Current Liabilities	184.4	177.53	181.84	193.47	161.02	181.42
Total Current Liabilities	1,710	1,998	1,804	1,834	1,707	1,493
Long-Term Debt	32.59	21.28	9.78	7.29	4.11	42.87
Long-Term Leases	264.58	221.51	230.72	260.01	229.37	217.21
Long-Term Unearned Revenue	55.12	59.34	73.59	79.36	88.68	96.09
Long-Term Deferred Tax Liabilities	177.62	172.6	168.45	144.44	126.21	65.58
Other Long-Term Liabilities	6.1	5.81	5.05	4.65	3.95	3.43
Total Liabilities	2,246	2,478	2,292	2,330	2,159	1,919
Common Stock	1,683	1,683	1,683	1,683	1,683	1,673
Additional Paid-In Capital	366.23	406.2	414.25	427.23	427.52	186.69
Retained Earnings	5,892	5,714	4,949	4,195	3,386	2,582
Treasury Stock	-62.17	-157.08	-147.85	-119.3	-35.49	-
Comprehensive Income & Other	10.72	26.98	15.56	19.58	15.14	15.28
Total Common Equity	7,890	7,673	6,913	6,205	5,476	4,457
Minority Interest	217.97	227.67	247.46	213.85	198.2	100.29
Shareholders' Equity	8,108	7,901	7,161	6,419	5,674	4,558
Total Liabilities & Equity	10,354	10,379	9,453	8,749	7,833	6,476
Total Debt	438.07	396.98	357.16	378.63	361.1	400.16
Net Cash (Debt)	760.86	1,274	1,291	1,449	1,693	1,184
Net Cash Growth	27.52%	-1.34%	-10.90%	-14.37%	42.98%	-10.07%
Net Cash Per Share	0.45	0.76	0.77	0.87	1.01	0.71
Filing Date Shares Outstanding	1,673	1,673	1,681	1,675	1,680	1,673
Total Common Shares Outstanding	1,673	1,673	1,681	1,675	1,681	1,673
Working Capital	2,562	2,428	2,423	2,096	2,181	1,492
Book Value Per Share	4.72	4.59	4.11	3.70	3.26	2.66
Tangible Book Value	6,252	6,033	5,649	5,235	4,718	3,722
Tangible Book Value Per Share	3.74	3.61	3.36	3.13	2.81	2.22
Buildings	-	1,609	1,539	1,388	864.28	615.57
Machinery	-	3,903	3,515	3,131	2,595	2,314
Construction In Progress	-	299.14	102.14	213.86	468.58	360.96

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