SHE:300346 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	522.32	570.08	568.84	1,399	502.06	540.87
Short-Term Investments	-	127.53	130.35	57.51	-	-
Trading Asset Securities	1,372	1,438	1,614	469.39	1,148	607.06
Cash & Short-Term Investments	1,894	2,136	2,313	1,926	1,650	1,148
Cash Growth	-15.97%	-7.66%	20.12%	16.72%	43.73%	103.92%
Accounts Receivable	942.66	855.81	852.22	543.59	462.81	392.25
Other Receivables	3.53	0.98	16.07	3.85	4.2	1.91
Receivables	946.19	856.94	868.52	548.51	467.72	394.72
Inventory	811.23	842.72	722.38	604.49	481.24	271.88
Other Current Assets	197.27	78.21	56.99	49.83	90.57	96.96
Total Current Assets	3,849	3,914	3,961	3,129	2,689	1,912
Property, Plant & Equipment	1,683	1,670	1,884	1,924	1,904	1,562
Long-Term Investments	128.1	122.37	111.39	102.64	90.49	38.42
Goodwill	12.27	12.27	43.66	85.16	85.16	85.16
Other Intangible Assets	303.78	303.22	355.17	394.59	425.34	468.32
Long-Term Deferred Tax Assets	115.07	112.29	93.21	80.46	73.24	43.66
Long-Term Deferred Charges	12.37	12.39	11.27	5.73	17	4.65
Other Long-Term Assets	23.37	11.32	30.48	15.39	30.12	40.7
Total Assets	6,127	6,157	6,490	5,737	5,315	4,155
Accounts Payable	863.05	912.37	1,039	583.68	382.05	414.34
Accrued Expenses	243.03	294.46	227.8	154.76	154.75	109.99
Short-Term Debt	13.14	12.52	54.63	111.54	92.22	205.87
Current Portion of Long-Term Debt	17.58	27.05	163.66	82.25	53.24	24.51
Current Portion of Leases	-	2.5	1.88	1.62	0.76	0.73
Current Income Taxes Payable	54.45	20.99	17.02	17.67	15.13	8.98
Current Unearned Revenue	17.21	21.57	21.1	7.99	9.87	4.83
Other Current Liabilities	55.61	64.45	152.85	167.09	92.39	77.8
Total Current Liabilities	1,264	1,356	1,678	1,127	800.41	847.04
Long-Term Debt	70	70	117	1,167	1,131	126.97
Long-Term Leases	7.21	7.51	7.48	3.07	2.01	1.91
Long-Term Unearned Revenue	331.39	349.66	450.71	499.26	532.65	581.09
Long-Term Deferred Tax Liabilities	17.73	17.75	16.3	15.59	15.22	8.77
Other Long-Term Liabilities	384.69	374.51	223.24	211.04	198.79	219.72
Total Liabilities	2,075	2,175	2,493	3,022	2,680	1,785
Common Stock	691.16	691.16	575.96	543.42	543.7	422.18
Additional Paid-In Capital	1,434	1,441	1,616	688.32	747.75	891.62
Retained Earnings	1,461	1,336	1,198	973.32	827.1	661.4
Treasury Stock	-	-	-	-7.91	-17.34	-58.09
Comprehensive Income & Other	14.52	13.59	9.24	23.39	16.59	-0.15
Total Common Equity	3,600	3,482	3,399	2,221	2,118	1,917
Minority Interest	451.46	499.63	598.02	493.9	517.03	452.11
Shareholders' Equity	4,052	3,982	3,997	2,714	2,635	2,369
Total Liabilities & Equity	6,127	6,157	6,490	5,737	5,315	4,155
Total Debt	107.93	119.58	344.65	1,365	1,279	359.99
Net Cash (Debt)	1,786	2,016	1,969	560.6	370.53	787.95
Net Cash Growth	-9.52%	2.43%	251.16%	51.30%	-52.98%	104.16%
Net Cash Per Share	2.56	2.90	2.98	0.86	0.56	1.25
Filing Date Shares Outstanding	691.16	691.16	691.16	652.11	652.48	652.48
Total Common Shares Outstanding	691.16	691.16	691.16	652.11	652.48	652.48
Working Capital	2,585	2,558	2,283	2,002	1,889	1,064
Book Value Per Share	5.21	5.04	4.92	3.41	3.25	2.94
Tangible Book Value	3,284	3,167	3,000	1,741	1,607	1,363
Tangible Book Value Per Share	4.75	4.58	4.34	2.67	2.46	2.09
Buildings	-	716.58	707.03	650.39	627.07	570.47
Machinery	-	2,114	1,977	1,756	1,495	1,089
Construction In Progress	-	93.19	180.27	208.28	283.9	257.66

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.