SHE:300394 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	3,027	2,997	1,978	1,864	672.61	515.05
Trading Asset Securities	200.65	210.05	350.02	436.2	882.34	785
Cash & Short-Term Investments	3,228	3,207	2,329	2,300	1,555	1,300
Cash Growth	28.07%	37.71%	1.23%	47.93%	19.61%	221.52%
Accounts Receivable	1,380	1,141	808.09	464.64	404.96	352.08
Other Receivables	2.42	1.69	1.18	2.46	0.67	1.1
Receivables	1,382	1,142	809.27	467.1	405.63	353.18
Inventory	538.51	457.2	350.13	255.65	186.44	173.99
Prepaid Expenses	-	0.06	0.03	0.02	0.02	0.01
Other Current Assets	113.49	42.09	36.53	22.07	21.68	11.68
Total Current Assets	5,262	4,848	3,524	3,045	2,169	1,839
Property, Plant & Equipment	1,336	1,322	1,043	652	613.13	597.64
Long-Term Investments	8.72	9.31	8.65	8.29	8.05	7.45
Goodwill	29.65	29.65	29.65	29.65	29.65	29.65
Other Intangible Assets	87.31	89.8	81.76	49.15	50.35	53.48
Long-Term Deferred Tax Assets	110.31	112.65	32.89	20.74	11.88	11.28
Long-Term Deferred Charges	8.33	9.56	2.78	4.33	5	5.91
Other Long-Term Assets	138.95	27.78	13.31	88.93	14.14	6.75
Total Assets	6,982	6,449	4,737	3,898	2,901	2,551
Accounts Payable	583.37	495.11	323.44	276.83	115.89	102.35
Accrued Expenses	112.74	114.76	90.25	71.22	60.6	48.15
Short-Term Debt	-	-	0.02	-	-	1.14
Current Portion of Long-Term Debt	-	-	40	-	-	-
Current Portion of Leases	1.68	1.66	1.51	1.62	3.08	2.68
Current Income Taxes Payable	95.15	113.06	59.29	54.43	9.71	5.16
Current Unearned Revenue	147.48	160.56	184.05	83.71	34.19	12.48
Other Current Liabilities	25.62	23.86	28.13	16.07	9.68	7.65
Total Current Liabilities	966.04	909.01	726.69	503.87	233.15	179.61
Long-Term Leases	2.33	2.81	4.47	6.33	6.09	9.08
Long-Term Unearned Revenue	23.93	23.59	17.98	17.98	17.98	17.98
Long-Term Deferred Tax Liabilities	2.86	1.22	1.59	6.83	6.68	8.07
Total Liabilities	995.17	936.62	750.73	535.01	263.91	214.73
Common Stock	777.42	777.42	553.97	394.89	393.98	391.55
Additional Paid-In Capital	959.27	953.22	1,019	1,073	1,046	1,004
Retained Earnings	4,241	3,749	2,398	1,727	1,195	948.41
Treasury Stock	-	-	-	-	-	-3.27
Comprehensive Income & Other	1.91	26.3	8.4	-2.97	-9.23	-7.9
Total Common Equity	5,980	5,506	3,980	3,193	2,626	2,333
Minority Interest	6.64	6.69	6.43	170.69	11.2	3.24
Shareholders' Equity	5,987	5,513	3,986	3,363	2,637	2,336
Total Liabilities & Equity	6,982	6,449	4,737	3,898	2,901	2,551
Total Debt	4.01	4.47	46	7.95	9.17	12.9
Net Cash (Debt)	3,224	3,202	2,283	2,292	1,546	1,287
Net Cash Growth	30.27%	40.29%	-0.43%	48.30%	20.09%	224.37%
Net Cash Per Share	4.14	4.11	2.94	2.96	2.01	1.68
Filing Date Shares Outstanding	777.42	777.42	775.56	773.98	772.19	767.43
Total Common Shares Outstanding	777.42	777.42	775.56	773.98	772.19	767.43
Working Capital	4,296	3,939	2,798	2,541	1,936	1,659
Book Value Per Share	7.69	7.08	5.13	4.12	3.40	3.04
Tangible Book Value	5,863	5,387	3,868	3,114	2,546	2,250
Tangible Book Value Per Share	7.54	6.93	4.99	4.02	3.30	2.93
Buildings	-	710.42	425.84	374.39	352.22	327.02
Machinery	-	1,081	895.31	646	585.07	513.01
Construction In Progress	-	202.95	233.45	27.64	12.69	17.66

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