SHE:300073 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	6,301	6,498	6,420	5,689	5,216	4,318
Trading Asset Securities	1,203	1,537	1,133	1,154	2,000	2,986
Cash & Short-Term Investments	7,504	8,035	7,553	6,843	7,216	7,304
Cash Growth	-6.14%	6.38%	10.37%	-5.17%	-1.20%	199.61%
Accounts Receivable	4,342	3,606	2,876	4,799	6,850	3,000
Other Receivables	17.25	14.92	27.29	52.56	20.95	18.14
Receivables	4,359	3,621	2,903	4,851	6,871	3,018
Inventory	3,698	2,906	1,060	693.01	2,865	1,439
Other Current Assets	1,589	846.53	356.14	178.57	1,159	604.93
Total Current Assets	17,150	15,409	11,872	12,566	18,112	12,367
Property, Plant & Equipment	6,336	6,061	4,714	4,261	2,878	1,616
Long-Term Investments	23.61	4.2	10	10	10	12
Goodwill	22.94	22.94	22.94	22.94	22.94	22.94
Other Intangible Assets	339.99	303.42	295.26	285.74	191.46	161.49
Long-Term Deferred Tax Assets	69.45	72.53	131.13	109.16	113.28	64.35
Long-Term Deferred Charges	2.58	2.84	5.81	6.9	2.7	2.16
Other Long-Term Assets	648.71	529.88	70.77	148.77	225.43	241.04
Total Assets	24,593	22,406	17,122	17,410	21,555	14,487
Accounts Payable	7,130	5,644	2,416	3,150	9,018	4,351
Accrued Expenses	105.43	167.56	162.84	271	385.65	183.95
Short-Term Debt	-	-	84.88	-	8.9	-
Current Portion of Long-Term Debt	-	-	-	30.03	29.85	-
Current Portion of Leases	42.38	39.42	38.61	20.68	4.13	6.23
Current Income Taxes Payable	32.25	14.68	3.21	42.32	77.33	52.18
Current Unearned Revenue	253.19	136.36	49.53	108.84	181.87	135.39
Other Current Liabilities	41.81	33.31	18.86	20.66	45.97	20.44
Total Current Liabilities	7,605	6,035	2,774	3,643	9,752	4,749
Long-Term Debt	419.2	295.95	-	-	30.29	60.15
Long-Term Leases	446.63	454.82	482.5	277.89	5.26	3.84
Long-Term Unearned Revenue	408.22	192.01	128.38	145.81	159.63	175.84
Long-Term Deferred Tax Liabilities	-	-	44.22	51.26	64.88	20.37
Other Long-Term Liabilities	-	-	-	16.72	53.51	29.26
Total Liabilities	8,879	6,978	3,429	4,135	10,065	5,039
Common Stock	544.29	544.29	506.5	506.5	506.5	506.5
Additional Paid-In Capital	8,121	8,121	7,163	7,163	7,163	7,163
Retained Earnings	6,306	6,029	5,498	5,407	3,821	1,779
Comprehensive Income & Other	-6.35	-0.93	-0.21	0.07	0.05	-0.08
Total Common Equity	14,965	14,693	13,167	13,076	11,490	9,448
Minority Interest	749.86	734.34	526.52	198.68	-	-
Shareholders' Equity	15,714	15,428	13,693	13,275	11,490	9,448
Total Liabilities & Equity	24,593	22,406	17,122	17,410	21,555	14,487
Total Debt	908.2	790.19	605.99	328.6	78.43	70.23
Net Cash (Debt)	6,596	7,245	6,947	6,514	7,138	7,234
Net Cash Growth	-11.21%	4.29%	6.64%	-8.73%	-1.33%	204.24%
Net Cash Per Share	12.41	13.87	13.72	12.86	14.09	15.79
Filing Date Shares Outstanding	544.29	544.29	506.5	506.5	506.5	506.5
Total Common Shares Outstanding	544.29	544.29	506.5	506.5	506.5	506.5
Working Capital	9,545	9,373	9,098	8,922	8,360	7,617
Book Value Per Share	27.49	26.99	26.00	25.82	22.69	18.65
Tangible Book Value	14,602	14,367	12,848	12,767	11,276	9,264
Tangible Book Value Per Share	26.83	26.40	25.37	25.21	22.26	18.29
Buildings	-	1,864	1,555	1,284	816.1	550.89
Machinery	-	3,880	3,461	3,070	1,989	1,343
Construction In Progress	-	1,228	201.95	412.23	634.14	152.02

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