SHE:300316 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	2,264	2,330	2,787	4,005	3,509	1,867
Short-Term Investments	263.78	263.78	31.08	61	-	-
Trading Asset Securities	615	1,087	674	-	-	456
Cash & Short-Term Investments	3,143	3,681	3,492	4,066	3,509	2,323
Cash Growth	-3.95%	5.40%	-14.12%	15.88%	51.07%	78.21%
Accounts Receivable	4,288	4,132	5,564	6,055	5,444	4,147
Other Receivables	44.33	734.96	342.75	369.62	268.47	129.52
Receivables	4,332	4,867	5,907	6,424	5,713	4,276
Inventory	6,455	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	1,443	596.8	789.98	1,076	964.21	534.12
Total Current Assets	15,373	15,801	21,143	27,090	22,590	13,190
Property, Plant & Equipment	7,813	8,038	7,160	6,455	4,059	2,202
Long-Term Investments	2,417	2,352	1,614	1,697	1,207	977.48
Other Intangible Assets	702.57	711.7	690.45	637.91	428.66	246.36
Long-Term Deferred Tax Assets	307.3	326.07	383.22	325.51	245.5	114.66
Long-Term Deferred Charges	336.92	357.15	422.79	422.46	154.03	48.95
Other Long-Term Assets	186.97	171.06	136.74	180.84	204.28	104
Total Assets	27,136	27,756	31,550	36,808	28,889	16,884
Accounts Payable	3,384	3,619	5,060	6,785	6,350	4,147
Accrued Expenses	94.34	203.52	200.34	296.66	343.87	256.58
Short-Term Debt	722.29	768.21	723.82	1,223	1,099	34.17
Current Portion of Long-Term Debt	611.61	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	38.49	91.47	90.68	345.95	147.3	166.23
Current Unearned Revenue	1,905	2,094	5,624	10,720	9,465	4,964
Other Current Liabilities	75.85	87.42	65.39	107.36	103.99	47.4
Total Current Liabilities	6,831	7,681	12,126	19,609	17,510	9,620
Long-Term Debt	702.93	579.11	1,066	468.67	1.12	1.55
Long-Term Leases	124.62	123.24	119.37	111.31	106.16	106.21
Long-Term Unearned Revenue	433.77	423.69	304.01	467.04	56.77	39.47
Long-Term Deferred Tax Liabilities	2.45	2.72	0.06	-	-	-
Other Long-Term Liabilities	550	550	-	-	-	-
Total Liabilities	8,645	9,360	13,616	20,657	17,674	9,767
Common Stock	1,310	1,310	1,310	1,310	1,309	1,286
Additional Paid-In Capital	3,101	3,101	2,967	2,918	2,642	1,247
Retained Earnings	12,906	12,803	12,441	10,846	6,877	4,312
Treasury Stock	-99.24	-99.24	-99.24	-112.12	-55.56	-11.1
Comprehensive Income & Other	4.14	3.38	2.82	2.6	2.09	1.25
Total Common Equity	17,221	17,118	16,621	14,963	10,775	6,835
Minority Interest	1,270	1,278	1,313	1,189	440.82	281.35
Shareholders' Equity	18,491	18,396	17,934	16,152	11,215	7,116
Total Liabilities & Equity	27,136	27,756	31,550	36,808	28,889	16,884
Total Debt	2,161	2,288	2,271	1,934	1,206	146.73
Net Cash (Debt)	981.13	1,392	1,221	2,132	2,303	2,176
Net Cash Growth	-20.88%	14.03%	-42.72%	-7.42%	5.81%	73.59%
Net Cash Per Share	0.75	1.07	0.93	1.63	1.78	1.69
Filing Date Shares Outstanding	1,307	1,307	1,307	1,307	1,307	1,286
Total Common Shares Outstanding	1,307	1,307	1,307	1,307	1,307	1,286
Working Capital	8,542	8,119	9,016	7,480	5,080	3,570
Book Value Per Share	13.17	13.09	12.71	11.45	8.25	5.32
Tangible Book Value	16,519	16,406	15,931	14,325	10,346	6,589
Tangible Book Value Per Share	12.64	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.