SHE:300373 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	3,958	4,162	3,942	3,518	1,457	1,135
Short-Term Investments	-	25.19	80.19	-	80	-
Trading Asset Securities	594.2	561.2	248.29	41.79	63.2	513.11
Cash & Short-Term Investments	4,552	4,749	4,271	3,560	1,600	1,648
Cash Growth	2.12%	11.19%	19.96%	122.43%	-2.87%	318.05%
Accounts Receivable	2,265	2,054	2,120	1,748	1,453	1,197
Other Receivables	16.34	16.35	18.24	12.42	22.04	94.81
Receivables	2,282	2,070	2,138	1,760	1,475	1,292
Inventory	1,664	1,632	1,227	1,145	1,213	997.03
Other Current Assets	355.13	261.2	110.17	93.02	171.97	88.46
Total Current Assets	8,853	8,711	7,746	6,559	4,461	4,025
Property, Plant & Equipment	6,063	6,070	4,923	4,318	3,383	2,373
Long-Term Investments	-	-	18.8	711.95	909.05	500.5
Goodwill	279.16	279.16	301.94	313.85	163.66	163.78
Other Intangible Assets	276.5	281.16	198.96	211.53	129.76	125.07
Long-Term Deferred Tax Assets	12.32	10.14	9.76	14.23	8.67	6.76
Long-Term Deferred Charges	156.39	129.05	132.06	117.87	98.6	71.35
Other Long-Term Assets	1,285	1,202	940.9	380.45	329.55	128.31
Total Assets	16,925	16,684	14,272	12,627	9,483	7,394
Accounts Payable	2,463	2,541	1,992	1,427	1,450	1,179
Accrued Expenses	151.15	282.53	253.93	195.11	179.83	178.77
Short-Term Debt	2,075	2,194	1,056	553.97	273.12	424.48
Current Portion of Long-Term Debt	597.66	622.94	398.82	401.13	100.08	-
Current Portion of Leases	-	7.24	66.44	44.19	2.34	1.86
Current Income Taxes Payable	78.45	52.89	43.49	15.77	9.81	34.21
Current Unearned Revenue	34.26	31.35	11.24	35.09	37.43	26.75
Other Current Liabilities	196.51	139.11	40.29	34.87	11.67	16.6
Total Current Liabilities	5,596	5,872	3,862	2,708	2,065	1,862
Long-Term Debt	500.25	358.1	523.74	395.1	400.28	100.08
Long-Term Leases	24.1	27.28	78.8	101.22	4.86	6.29
Long-Term Unearned Revenue	248.38	255.76	202.79	184.13	159.52	97.52
Long-Term Deferred Tax Liabilities	232.21	205.93	225.41	232.87	196.75	94.89
Other Long-Term Liabilities	71.8	71.8	215.8	319.32	319.32	-
Total Liabilities	6,673	6,791	5,109	3,940	3,145	2,160
Common Stock	543.35	543.35	543.35	543.01	512.77	512.4
Additional Paid-In Capital	4,099	4,095	4,067	4,059	2,585	2,517
Retained Earnings	5,418	5,033	4,219	3,681	3,028	2,080
Treasury Stock	-131.51	-131.51	-90.53	-59.96	-	-19.17
Comprehensive Income & Other	-19.02	4.38	26.09	22.96	28.17	-6.89
Total Common Equity	9,909	9,544	8,765	8,246	6,153	5,083
Minority Interest	342.7	348.97	398.32	440.24	184.58	150.42
Shareholders' Equity	10,252	9,893	9,163	8,687	6,338	5,233
Total Liabilities & Equity	16,925	16,684	14,272	12,627	9,483	7,394
Total Debt	3,197	3,210	2,124	1,496	780.68	532.71
Net Cash (Debt)	1,355	1,539	2,147	2,064	819.8	1,115
Net Cash Growth	-35.14%	-28.32%	4.00%	151.82%	-26.48%	310.22%
Net Cash Per Share	2.51	2.85	3.96	3.89	1.60	2.19
Filing Date Shares Outstanding	539.93	539.93	540.8	540.61	541.45	511.13
Total Common Shares Outstanding	539.93	539.93	540.8	541.35	512.77	511.13
Working Capital	3,257	2,840	3,884	3,851	2,396	2,164
Book Value Per Share	18.35	17.68	16.21	15.23	12.00	9.94
Tangible Book Value	9,354	8,984	8,264	7,721	5,860	4,794
Tangible Book Value Per Share	17.32	16.64	15.28	14.26	11.43	9.38
Buildings	-	1,558	1,058	883.66	648.82	352.84
Machinery	-	5,381	4,650	4,308	3,372	1,797
Construction In Progress	-	1,944	1,359	720.26	461.88	1,015

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