SHE:300389 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	812.46	1,315	571.85	782.47	749.26	522.49
Short-Term Investments	-	181.9	104.9	125.51	115.19	10.12
Trading Asset Securities	720.64	458.91	429.79	200.25	30.1	91.33
Cash & Short-Term Investments	1,533	1,956	1,107	1,108	894.54	623.94
Cash Growth	40.81%	76.72%	-0.15%	23.89%	43.37%	21.32%
Accounts Receivable	611.24	734.07	616.35	923.32	546.78	506.53
Other Receivables	14.61	11.08	22.75	39.77	16.2	31.83
Receivables	625.86	745.15	639.09	963.09	562.98	538.37
Inventory	762.47	723	568.2	670.22	539.84	581.13
Other Current Assets	277.03	66.23	134.11	62.37	47.29	154.66
Total Current Assets	3,198	3,490	2,448	2,804	2,045	1,898
Property, Plant & Equipment	676.17	694.63	724.82	656.6	582.95	394.79
Long-Term Investments	224.04	108.1	293.42	198.88	134.11	194.76
Other Intangible Assets	34.9	35.43	40.31	38.64	40.24	41.32
Long-Term Accounts Receivable	-	5.77	-	-	-	-
Long-Term Deferred Tax Assets	67.52	65.39	59.01	57.19	61.32	67.94
Long-Term Deferred Charges	17.56	19.16	25.6	29.34	7.4	8.21
Other Long-Term Assets	132.51	142.82	82.38	187.37	140.56	98.01
Total Assets	4,351	4,561	3,673	3,972	3,011	2,703
Accounts Payable	1,887	2,078	1,457	1,863	1,210	976.79
Accrued Expenses	181.34	257.91	162.66	175.67	116.01	107.15
Short-Term Debt	31.88	31.88	-	-	36.33	57.38
Current Portion of Leases	-	11.58	5.93	10.15	8.86	7.45
Current Income Taxes Payable	36.08	18.73	10.53	15.67	2.16	2.23
Current Unearned Revenue	360.39	370.68	365.36	321.5	334.99	242.31
Other Current Liabilities	101.69	62.21	54.54	49	42.87	39.74
Total Current Liabilities	2,598	2,831	2,056	2,435	1,751	1,433
Long-Term Leases	16.59	19.51	12.39	6.37	12.28	6.7
Long-Term Unearned Revenue	3.13	3.53	5.21	8.36	10.2	12.95
Long-Term Deferred Tax Liabilities	1.85	14.46	4.23	3.62	4.55	0.66
Other Long-Term Liabilities	36.88	37.29	59.21	56.65	49.39	34.52
Total Liabilities	2,657	2,906	2,137	2,510	1,827	1,488
Common Stock	369.1	369.1	369.1	363.85	359.99	318.99
Additional Paid-In Capital	377.74	366.17	350.56	314.31	288.54	85.19
Retained Earnings	949.86	910.59	787.9	760.75	554.03	887.7
Treasury Stock	-	-	-	-	-13.44	-59.99
Comprehensive Income & Other	-16.71	-7.58	5.99	-4.84	-2.66	-13.29
Total Common Equity	1,680	1,638	1,514	1,434	1,186	1,219
Minority Interest	14.67	16.85	23.22	27.43	-2.73	-3.34
Shareholders' Equity	1,695	1,655	1,537	1,461	1,184	1,215
Total Liabilities & Equity	4,351	4,561	3,673	3,972	3,011	2,703
Total Debt	48.47	62.98	18.32	16.52	57.47	71.53
Net Cash (Debt)	1,485	1,893	1,088	1,092	837.07	552.41
Net Cash Growth	39.20%	73.91%	-0.32%	30.42%	51.53%	7.56%
Net Cash Per Share	4.02	5.13	2.97	2.97	2.45	1.76
Filing Date Shares Outstanding	369.1	369.1	369.1	363.85	358.78	313.78
Total Common Shares Outstanding	369.1	369.1	369.1	363.85	358.78	313.78
Working Capital	600.42	658.63	392.26	368.49	293.58	465.05
Book Value Per Share	4.55	4.44	4.10	3.94	3.31	3.88
Tangible Book Value	1,645	1,603	1,473	1,395	1,146	1,177
Tangible Book Value Per Share	4.46	4.34	3.99	3.84	3.19	3.75
Buildings	-	669.86	663.63	543.52	260.97	260.52
Machinery	-	527.99	519.57	488.03	409.42	386.58
Construction In Progress	-	0.18	17.46	3.83	241.88	53.63

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