SHE:300316 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,330	2,787	4,005	3,509	1,867
Short-Term Investments	263.78	31.08	61	-	-
Trading Asset Securities	1,087	674	-	-	456
Cash & Short-Term Investments	3,681	3,492	4,066	3,509	2,323
Cash Growth	5.40%	-14.12%	15.88%	51.07%	78.21%
Accounts Receivable	4,132	5,564	6,055	5,444	4,147
Other Receivables	734.96	342.75	369.62	268.47	129.52
Receivables	4,867	5,907	6,424	5,713	4,276
Inventory	6,627	10,884	15,513	12,391	6,051
Prepaid Expenses	29.75	69.16	10.6	13.31	5.95
Other Current Assets	596.8	789.98	1,076	964.21	534.12
Total Current Assets	15,801	21,143	27,090	22,590	13,190
Property, Plant & Equipment	8,038	7,160	6,455	4,059	2,202
Long-Term Investments	2,352	1,614	1,697	1,207	977.48
Other Intangible Assets	711.7	690.45	637.91	428.66	246.36
Long-Term Deferred Tax Assets	326.07	383.22	325.51	245.5	114.66
Long-Term Deferred Charges	357.15	422.79	422.46	154.03	48.95
Other Long-Term Assets	171.06	136.74	180.84	204.28	104
Total Assets	27,756	31,550	36,808	28,889	16,884
Accounts Payable	3,619	5,060	6,785	6,350	4,147
Accrued Expenses	203.52	200.34	296.66	343.87	256.58
Short-Term Debt	768.21	723.82	1,223	1,099	34.17
Current Portion of Long-Term Debt	814.61	359.89	130.47	0.17	2.6
Current Portion of Leases	3.13	1.7	1.03	-	2.2
Current Income Taxes Payable	91.47	90.68	345.95	147.3	166.23
Current Unearned Revenue	2,094	5,624	10,720	9,465	4,964
Other Current Liabilities	87.42	65.39	107.36	103.99	47.4
Total Current Liabilities	7,681	12,126	19,609	17,510	9,620
Long-Term Debt	579.11	1,066	468.67	1.12	1.55
Long-Term Leases	123.24	119.37	111.31	106.16	106.21
Long-Term Unearned Revenue	423.69	304.01	467.04	56.77	39.47
Long-Term Deferred Tax Liabilities	2.72	0.06	-	-	-
Other Long-Term Liabilities	550	-	-	-	-
Total Liabilities	9,360	13,616	20,657	17,674	9,767
Common Stock	1,310	1,310	1,310	1,309	1,286
Additional Paid-In Capital	3,101	2,967	2,918	2,642	1,247
Retained Earnings	12,803	12,441	10,846	6,877	4,312
Treasury Stock	-99.24	-99.24	-112.12	-55.56	-11.1
Comprehensive Income & Other	3.38	2.82	2.6	2.09	1.25
Total Common Equity	17,118	16,621	14,963	10,775	6,835
Minority Interest	1,278	1,313	1,189	440.82	281.35
Shareholders' Equity	18,396	17,934	16,152	11,215	7,116
Total Liabilities & Equity	27,756	31,550	36,808	28,889	16,884
Total Debt	2,288	2,271	1,934	1,206	146.73
Net Cash (Debt)	1,392	1,221	2,132	2,303	2,176
Net Cash Growth	14.03%	-42.72%	-7.42%	5.81%	73.59%
Net Cash Per Share	1.07	0.93	1.63	1.78	1.69
Filing Date Shares Outstanding	1,307	1,307	1,307	1,307	1,286
Total Common Shares Outstanding	1,307	1,307	1,307	1,307	1,286
Working Capital	8,119	9,016	7,480	5,080	3,570
Book Value Per Share	13.09	12.71	11.45	8.25	5.32
Tangible Book Value	16,406	15,931	14,325	10,346	6,589
Tangible Book Value Per Share	12.55	12.19	10.96	7.92	5.12
Land	80.37	16.92	18.38	8.05	8.52
Buildings	3,969	3,107	2,368	1,147	721.07
Machinery	5,339	4,036	3,272	2,121	1,262
Construction In Progress	941.35	1,586	1,803	1,396	592.1

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