SHE:300277 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	2,518	191.2	137.78	2,798	1,955	1,623
Short-Term Investments	-	35	30	-	-	-
Trading Asset Securities	963.74	73.9	212.29	568.16	607	960.65
Cash & Short-Term Investments	3,482	300.1	380.08	3,366	2,562	2,584
Cash Growth	32.56%	-21.04%	-88.71%	31.40%	-0.83%	-14.49%
Accounts Receivable	3,810	24.25	20.31	3,724	3,426	3,613
Other Receivables	59.64	1.57	3.9	43.02	25.37	44.16
Receivables	3,869	25.82	24.21	3,767	3,451	3,657
Inventory	2,780	96.95	90.36	2,429	2,322	3,042
Prepaid Expenses	-	-	-	0.27	0.69	1.14
Other Current Assets	378.28	14.87	25.52	731.34	479.78	508.8
Total Current Assets	10,510	437.74	520.17	10,295	8,816	9,792
Property, Plant & Equipment	2,951	4.51	4.65	2,327	2,241	2,207
Long-Term Investments	4,831	225.5	130.8	2,727	3,562	3,500
Goodwill	-	-	-	15.42	-	-
Other Intangible Assets	385.6	0.01	0.04	409.3	274.84	277.47
Long-Term Deferred Tax Assets	113.08	4.63	4.53	73.6	352.73	382.67
Long-Term Deferred Charges	1.95	-	-	-	-	-
Other Long-Term Assets	18.31	13.43	13.84	80.01	128.92	160.65
Total Assets	18,811	685.8	674.02	15,928	15,375	16,320
Accounts Payable	2,164	28.98	27.63	1,891	1,615	2,220
Accrued Expenses	122.08	8.89	6.83	189.01	190.26	195.09
Short-Term Debt	505.23	-	-	504.43	287.75	490.07
Current Portion of Long-Term Debt	-	-	-	61.07	30.64	9.01
Current Portion of Leases	125.9	1.35	1.15	19.75	12.17	8.6
Current Income Taxes Payable	79.59	1.17	2.89	38.06	19.3	17.89
Current Unearned Revenue	2,752	131.25	114.42	2,753	2,307	3,053
Other Current Liabilities	491.24	1.68	2.08	478.16	474.45	592.8
Total Current Liabilities	6,240	173.32	155	5,934	4,936	6,586
Long-Term Debt	514.61	-	-	222.82	159.9	180.83
Long-Term Leases	3.4	0.44	0.65	15.95	16.33	22.58
Long-Term Unearned Revenue	993.07	-	-	1,070	877.38	729.44
Long-Term Deferred Tax Liabilities	307.2	1.94	3.26	73.99	474.81	464.17
Other Long-Term Liabilities	18.32	-	-	70.89	11.1	7.58
Total Liabilities	8,076	175.69	158.91	7,388	6,476	7,990
Common Stock	1,517	341.7	335	1,175	980.18	754.01
Additional Paid-In Capital	460.51	76.18	82.88	399.21	394.94	282.95
Retained Earnings	4,560	68.61	73.07	4,410	4,382	4,387
Treasury Stock	-	-	-	-86.29	-136.47	-144.08
Comprehensive Income & Other	3,570	1.12	1.12	2,001	2,708	2,648
Total Common Equity	10,107	487.61	492.07	7,899	8,328	7,927
Minority Interest	627.55	22.5	23.04	640.84	570.71	402.06
Shareholders' Equity	10,734	510.11	515.11	8,540	8,899	8,330
Total Liabilities & Equity	18,811	685.8	674.02	15,928	15,375	16,320
Total Debt	1,149	1.79	1.8	824.01	506.79	711.08
Net Cash (Debt)	2,333	298.31	378.27	2,542	2,055	1,872
Net Cash Growth	49.36%	-21.14%	-85.12%	23.70%	9.76%	-23.18%
Net Cash Per Share	6.67	0.88	1.11	2.16	1.77	1.63
Filing Date Shares Outstanding	1,517	1,517	1,175	1,175	1,176	1,176
Total Common Shares Outstanding	1,517	341.7	1,175	1,175	1,176	1,176
Working Capital	4,270	264.42	365.17	4,361	3,880	3,206
Book Value Per Share	6.66	1.43	0.42	6.72	7.08	6.74
Tangible Book Value	9,721	487.6	492.03	7,475	8,054	7,650
Tangible Book Value Per Share	6.41	1.43	0.42	6.36	6.85	6.50
Buildings	-	4.15	4.15	1,573	1,588	1,264
Machinery	-	10.5	10.89	1,627	1,418	1,360
Construction In Progress	-	-	-	298.07	286.29	517.84

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