SHE:300226 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	20,051	23,120	12,906	5,555	2,336	908.44
Short-Term Investments	30.34	30.34	53.27	-	-	-
Trading Asset Securities	160.45	220.53	882.77	11.1	2.21	0.09
Cash & Short-Term Investments	20,241	23,371	13,842	5,566	2,338	908.53
Cash Growth	34.54%	68.84%	148.70%	138.07%	157.33%	61.32%
Accounts Receivable	887.64	1,316	1,317	1,988	3,202	5,577
Other Receivables	204.25	180.88	219.12	89.59	54.37	43.94
Receivables	1,092	1,497	1,536	2,078	3,257	5,621
Inventory	3,831	2,352	1,429	2,164	1,362	1,024
Other Current Assets	2,482	4,010	4,421	7,258	6,262	6,078
Total Current Assets	27,645	31,230	21,229	17,067	13,219	13,631
Property, Plant & Equipment	289.34	293.91	309.13	326.97	335.11	312.14
Long-Term Investments	133.73	135.45	82.12	170.52	136.94	106.91
Goodwill	31.14	31.14	32.5	34.56	35.96	36.44
Other Intangible Assets	28.26	27.26	21.42	19.58	19.62	21.17
Long-Term Deferred Tax Assets	73.06	74.55	95.01	69.78	67.6	52.02
Long-Term Deferred Charges	1.27	1.6	2.51	3.64	5.37	6.33
Other Long-Term Assets	29.45	29.45	26.59	28.41	28.41	28.41
Total Assets	28,232	31,823	21,798	17,720	13,848	14,194
Accounts Payable	3,327	6,117	3,989	4,361	976.64	1,571
Accrued Expenses	66.09	159.97	147.49	135.58	146.5	193.96
Short-Term Debt	17,009	17,021	9,348	2,513	2,831	2,846
Current Portion of Leases	6.24	6.23	8.65	10.45	9.31	10.32
Current Income Taxes Payable	27.75	20.53	58.3	22.67	31.12	62.65
Current Unearned Revenue	2,016	2,985	2,747	4,498	4,024	3,614
Other Current Liabilities	1,424	1,252	1,278	1,854	1,827	2,145
Total Current Liabilities	23,877	27,562	17,577	13,395	9,845	10,444
Long-Term Leases	3.86	3.52	4.94	10.24	5.7	7.74
Long-Term Unearned Revenue	22.05	21.49	23.52	23.95	25.56	27.41
Long-Term Deferred Tax Liabilities	3.16	3.16	3.45	4.63	7.03	6.5
Total Liabilities	23,906	27,590	17,609	13,434	9,884	10,486
Common Stock	318.72	318.72	318.72	321.82	267.3	190.93
Additional Paid-In Capital	594.99	594.99	594.03	722.8	754.92	820.56
Retained Earnings	1,344	1,291	1,094	958.1	739.21	555.28
Comprehensive Income & Other	-15.48	-15.56	-19.21	-15.82	-13.13	-12.35
Total Common Equity	2,242	2,189	1,987	1,987	1,748	1,554
Minority Interest	2,084	2,044	2,202	2,299	2,216	2,154
Shareholders' Equity	4,326	4,233	4,189	4,286	3,965	3,708
Total Liabilities & Equity	28,232	31,823	21,798	17,720	13,848	14,194
Total Debt	17,019	17,031	9,362	2,534	2,846	2,864
Net Cash (Debt)	3,222	6,340	4,481	3,032	-508.11	-1,956
Net Cash Growth	-30.34%	41.49%	47.77%	-	-	-
Net Cash Per Share	10.15	19.97	13.88	9.34	-1.58	-6.04
Filing Date Shares Outstanding	318.72	318.72	315.62	321.82	320.76	320.76
Total Common Shares Outstanding	318.72	318.72	315.62	321.82	320.76	320.76
Working Capital	3,769	3,667	3,652	3,672	3,374	3,187
Book Value Per Share	7.03	6.87	6.30	6.17	5.45	4.85
Tangible Book Value	2,182	2,130	1,933	1,933	1,693	1,497
Tangible Book Value Per Share	6.85	6.68	6.13	6.01	5.28	4.67
Buildings	-	374.9	345.69	227.72	228.18	228.18
Machinery	-	80.01	76.17	73.4	67.77	87.85
Construction In Progress	-	-	33.72	149.97	154.78	116.84