SHE:300041 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	1,032	908.55	778.78	834.7	1,440	687.44
Short-Term Investments	-	427.07	222.32	262.29	83.94	-
Trading Asset Securities	630.89	368.65	405.45	136.26	0.62	-
Cash & Short-Term Investments	1,662	1,704	1,407	1,233	1,524	687.44
Cash Growth	30.27%	21.17%	14.05%	-19.10%	121.75%	39.98%
Accounts Receivable	2,060	1,881	1,798	1,727	1,663	1,623
Other Receivables	48.57	89.56	105.75	77.66	33.08	28.69
Receivables	2,109	1,970	1,904	1,805	1,696	1,651
Inventory	471.78	493.89	575.44	482.61	564.64	440.38
Prepaid Expenses	-	3.68	2.77	9.23	6.72	8.67
Other Current Assets	93.24	42.83	54.4	30.19	121.45	89.63
Total Current Assets	4,336	4,215	3,943	3,560	3,914	2,877
Property, Plant & Equipment	1,942	1,914	1,779	1,673	1,366	1,067
Long-Term Investments	173.97	194.8	498.03	642.29	351.72	123.39
Goodwill	24.86	24.86	24.86	0.01	0.01	0.01
Other Intangible Assets	251.86	254.6	283.23	242.36	204.68	209.24
Long-Term Deferred Tax Assets	52.32	47.13	31.58	30.46	42.64	32.9
Long-Term Deferred Charges	2.88	2.66	0.49	0.22	0.38	0.46
Other Long-Term Assets	62.36	50.26	33.32	46.41	110.63	66.87
Total Assets	6,846	6,703	6,594	6,195	5,990	4,377
Accounts Payable	1,277	1,124	1,242	1,238	1,218	1,150
Accrued Expenses	10.09	58.04	26.84	34.15	43.14	25.41
Short-Term Debt	780.57	805.44	754.26	540.47	350.34	433.17
Current Portion of Long-Term Debt	98.47	75.09	151.27	149.43	57.56	17.03
Current Portion of Leases	-	28.1	21.02	0.8	1.63	0.96
Current Income Taxes Payable	41.52	18.11	9.27	3.54	5.29	11.5
Current Unearned Revenue	28.47	33.47	17.99	11.09	13.38	11.54
Other Current Liabilities	291.82	342.5	457.32	288.11	525.32	262.59
Total Current Liabilities	2,528	2,484	2,680	2,266	2,215	1,913
Long-Term Debt	980.28	970.96	944.07	988.03	995.03	205.63
Long-Term Leases	20.31	23.06	17.44	4.63	5.16	5.76
Long-Term Unearned Revenue	61.2	57.62	50.38	51.28	47.08	44.5
Long-Term Deferred Tax Liabilities	6.88	7.1	6.78	0.09	0.09	0.1
Other Long-Term Liabilities	-	-	4.6	-	-	-
Total Liabilities	3,597	3,543	3,703	3,310	3,262	2,169
Common Stock	559.43	559.43	559.42	559.42	430.89	430.89
Additional Paid-In Capital	806.72	738.56	712.22	817.4	942.6	936.48
Retained Earnings	1,722	1,638	1,501	1,453	1,219	968.6
Treasury Stock	-56.74	-56.74	-126.82	-108.35	-	-135.05
Comprehensive Income & Other	126.59	191.49	155.54	158.06	129.23	-0.02
Total Common Equity	3,158	3,070	2,801	2,880	2,721	2,201
Minority Interest	91.95	89.87	89.67	5.69	6.45	7.77
Shareholders' Equity	3,250	3,160	2,891	2,885	2,728	2,209
Total Liabilities & Equity	6,846	6,703	6,594	6,195	5,990	4,377
Total Debt	1,880	1,903	1,888	1,683	1,410	662.56
Net Cash (Debt)	-217.23	-198.38	-481.51	-450.11	114.7	24.88
Net Cash Growth	-	-	-	-	361.03%	-84.19%
Net Cash Per Share	-0.39	-0.36	-0.86	-0.73	0.20	0.04
Filing Date Shares Outstanding	559.56	549.78	539.74	550.35	560.15	541.47
Total Common Shares Outstanding	559.56	549.78	539.74	550.35	560.15	541.47
Working Capital	1,808	1,730	1,264	1,295	1,699	964.85
Book Value Per Share	5.64	5.58	5.19	5.23	4.86	4.06
Tangible Book Value	2,881	2,791	2,493	2,637	2,517	1,992
Tangible Book Value Per Share	5.15	5.08	4.62	4.79	4.49	3.68
Buildings	-	1,339	1,349	981.39	697.57	586.42
Machinery	-	1,025	935.46	675.65	558.53	504.78
Construction In Progress	-	227.79	47.71	404.82	465.13	265.24

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