SHE:300341 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	856.1	903.95	823.72	744.51	595.43	530.64
Trading Asset Securities	-	-	1.66	1.64	1.92	4.94
Cash & Short-Term Investments	856.1	903.95	825.38	746.14	597.35	535.58
Cash Growth	1.94%	9.52%	10.62%	24.91%	11.53%	6.01%
Accounts Receivable	777.76	728.97	625.45	617.22	703.21	459.3
Other Receivables	17.2	17.61	7.68	7.53	6.31	5.82
Receivables	794.95	746.58	633.13	624.75	709.52	465.12
Inventory	359.04	375.53	318.56	291.14	330.99	322.95
Prepaid Expenses	-	-	0.02	0.1	0.09	0.07
Other Current Assets	36.68	30.98	23.55	21.67	18.03	16.41
Total Current Assets	2,047	2,057	1,801	1,684	1,656	1,340
Property, Plant & Equipment	462.24	411.96	562.37	453.2	417.8	387.58
Long-Term Investments	2.22	2.27	2.76	3.49	12.98	4.37
Goodwill	-	-	-	-	0.01	4.71
Other Intangible Assets	44.48	45.95	57.66	59.21	59.11	62.94
Long-Term Accounts Receivable	-	-	0.17	0.04	0.05	0.02
Long-Term Deferred Tax Assets	66.38	61.82	48.71	36.76	40.89	31.03
Long-Term Deferred Charges	32.28	31.32	22.41	11.08	8.28	5.01
Other Long-Term Assets	130.45	180.58	43.99	45.69	35.54	26.65
Total Assets	2,785	2,791	2,539	2,293	2,231	1,862
Accounts Payable	450.18	484.91	363.18	253.14	183.39	154.54
Accrued Expenses	87.53	90.24	125.43	137.6	209.95	133.89
Short-Term Debt	-	-	4.08	3.12	4.98	10.11
Current Portion of Long-Term Debt	5.06	5.12	-	0.01	0.01	24.89
Current Portion of Leases	-	-	5.37	6.7	5.09	3.92
Current Income Taxes Payable	19.44	20.24	10.73	11.06	60.21	34.85
Current Unearned Revenue	30.97	22.52	24.11	24.67	28.15	27.57
Other Current Liabilities	69.64	74.84	15.04	17.22	13.22	12.58
Total Current Liabilities	662.83	697.86	547.93	453.52	505	402.34
Long-Term Debt	-	-	-	-	0.01	56.52
Long-Term Leases	17.8	19.1	25.51	15.59	15.77	8.6
Long-Term Unearned Revenue	23.11	18.87	17.02	8.57	5.33	5.69
Long-Term Deferred Tax Liabilities	0.24	0.24	0.47	0.5	6.12	5.59
Other Long-Term Liabilities	1.93	1.93	9.42	6.83	6.63	5.61
Total Liabilities	705.91	738.01	600.35	485.02	538.86	484.34
Common Stock	517.41	517.41	517.41	517.41	513.39	510.16
Additional Paid-In Capital	57.22	57.22	59.4	69.91	60.18	33.33
Retained Earnings	1,370	1,327	1,192	1,067	954.47	729.04
Comprehensive Income & Other	31.63	45.28	49.32	34.07	27.2	-21.34
Total Common Equity	1,976	1,947	1,818	1,688	1,555	1,251
Minority Interest	102.86	105.6	120.2	120.1	136.54	126.9
Shareholders' Equity	2,079	2,053	1,938	1,808	1,692	1,378
Total Liabilities & Equity	2,785	2,791	2,539	2,293	2,231	1,862
Total Debt	22.86	24.22	34.96	25.42	25.85	104.03
Net Cash (Debt)	833.24	879.74	790.42	720.72	571.5	431.55
Net Cash Growth	2.89%	11.30%	9.67%	26.11%	32.43%	17.63%
Net Cash Per Share	1.61	1.70	1.53	1.39	1.11	0.85
Filing Date Shares Outstanding	517.23	517.19	517.41	517.41	513.39	510.16
Total Common Shares Outstanding	517.23	517.19	517.41	517.41	513.39	510.16
Working Capital	1,384	1,359	1,253	1,230	1,151	937.8
Book Value Per Share	3.82	3.77	3.51	3.26	3.03	2.45
Tangible Book Value	1,932	1,901	1,760	1,629	1,496	1,184
Tangible Book Value Per Share	3.73	3.68	3.40	3.15	2.91	2.32
Buildings	-	-	409.92	416.95	398.99	284.78
Machinery	-	-	318.49	319.35	315.16	299.48
Construction In Progress	-	-	161.87	67.06	36.29	113.48

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