SHE:300224 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	1,700	1,158	975.77	1,003	1,373	617.15
Short-Term Investments	-	-	-	-	-	170
Trading Asset Securities	972.65	1,048	1,276	1,439	1,035	230.64
Cash & Short-Term Investments	2,673	2,206	2,251	2,443	2,408	1,018
Cash Growth	28.13%	-2.02%	-7.83%	1.45%	136.56%	-6.58%
Accounts Receivable	2,187	2,709	2,185	1,952	2,573	1,341
Other Receivables	1.89	11.36	1.35	6.14	2.27	2.57
Receivables	2,189	2,720	2,187	1,959	2,575	1,344
Inventory	2,633	1,868	1,736	1,531	1,647	1,204
Prepaid Expenses	-	0.06	0.56	0.08	0	-
Other Current Assets	293.2	114.41	123.85	52.39	85.32	32.63
Total Current Assets	7,788	6,909	6,298	5,984	6,715	3,598
Property, Plant & Equipment	2,108	2,144	2,048	1,896	1,594	1,029
Other Intangible Assets	285.34	287.34	280.01	272.16	196.08	204.25
Long-Term Deferred Tax Assets	49.63	52.55	60.11	146.33	197.55	180.15
Long-Term Deferred Charges	14.1	14.11	17.87	17.41	28.96	11.12
Other Long-Term Assets	34.46	26.52	70.76	61.57	150.97	81.41
Total Assets	10,280	9,434	8,775	8,378	8,882	5,105
Accounts Payable	4,526	3,723	3,279	2,892	3,492	1,798
Accrued Expenses	87.26	83.9	80.13	80.01	104.01	53.39
Short-Term Debt	-	-	-	3.46	224.01	31.64
Current Portion of Long-Term Debt	-	-	-	80.07	-	-
Current Portion of Leases	5.02	4.76	4.74	6.97	3.46	6.86
Current Income Taxes Payable	6.2	0.05	6.72	27.35	0.28	10.09
Current Unearned Revenue	51.96	33.16	23.93	13.74	74.59	117.01
Other Current Liabilities	158.51	183.58	130.7	47.28	103.83	129.58
Total Current Liabilities	4,835	4,029	3,525	3,151	4,002	2,147
Long-Term Debt	-	-	981.48	1,102	1,039	-
Long-Term Leases	8.08	11.74	16.5	19.85	10.85	10.27
Long-Term Unearned Revenue	185.41	190.83	209.09	111.6	132.1	101.67
Long-Term Deferred Tax Liabilities	11.41	11.86	42.07	60.04	14.16	3.29
Other Long-Term Liabilities	7.9	7.9	11.12	12.75	11.99	11.12
Total Liabilities	5,048	4,251	4,785	4,458	5,210	2,273
Common Stock	930.7	930.7	837.71	820.25	820.22	820.22
Additional Paid-In Capital	2,732	2,732	1,520	1,297	1,280	1,245
Retained Earnings	1,555	1,507	1,367	1,438	1,155	750.42
Treasury Stock	-50.04	-50.04	-50.04	-	-	-35
Comprehensive Income & Other	25.96	23.65	276.69	321.99	373.63	8.84
Total Common Equity	5,193	5,143	3,951	3,878	3,629	2,790
Minority Interest	39.32	39.19	38.97	42.11	42.76	41.34
Shareholders' Equity	5,232	5,182	3,990	3,920	3,672	2,831
Total Liabilities & Equity	10,280	9,434	8,775	8,378	8,882	5,105
Total Debt	13.11	16.5	1,003	1,213	1,277	48.76
Net Cash (Debt)	2,660	2,189	1,249	1,230	1,131	969.02
Net Cash Growth	148.59%	75.34%	1.53%	8.77%	16.68%	-9.57%
Net Cash Per Share	3.05	2.56	1.49	1.51	1.37	1.17
Filing Date Shares Outstanding	940.98	925.31	832.32	820.25	820.22	809.89
Total Common Shares Outstanding	940.98	925.31	832.32	820.25	820.22	809.89
Working Capital	2,954	2,880	2,774	2,833	2,712	1,451
Book Value Per Share	5.52	5.56	4.75	4.73	4.42	3.44
Tangible Book Value	4,907	4,856	3,671	3,605	3,433	2,586
Tangible Book Value Per Share	5.22	5.25	4.41	4.40	4.19	3.19
Buildings	-	1,227	1,066	914.38	708.27	497.12
Machinery	-	1,712	1,398	1,316	1,122	811.53
Construction In Progress	-	27.64	240.21	239.52	256.4	143.48