SHE:300408 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	4,050	3,058	3,063	2,842	4,509	5,552
Trading Asset Securities	2,631	3,759	5,053	3,847	4,255	2,694
Cash & Short-Term Investments	6,681	6,816	8,116	6,688	8,764	8,246
Cash Growth	-21.64%	-16.02%	21.35%	-23.69%	6.29%	50.12%
Accounts Receivable	3,453	3,260	2,686	2,259	1,715	2,277
Other Receivables	25.61	18.44	28.66	44.23	83.75	151.25
Receivables	3,478	3,278	2,715	2,304	1,799	2,428
Inventory	2,610	2,392	2,181	1,754	1,886	1,797
Other Current Assets	641.18	595.15	590.09	533.95	371.75	315.9
Total Current Assets	13,411	13,082	13,602	11,279	12,821	12,787
Property, Plant & Equipment	6,643	6,610	6,352	5,812	5,918	5,047
Long-Term Investments	3.2	5,854	2,933	3,594	2.77	2.58
Goodwill	239.49	248.71	227.28	237.35	224.17	218.03
Other Intangible Assets	440.09	445.4	440.75	452.5	363.59	299
Long-Term Deferred Tax Assets	167.71	163.93	247.21	182.16	187.4	98.71
Long-Term Deferred Charges	11.81	10	17.64	19.08	24.68	19.65
Other Long-Term Assets	6,117	92.45	95.33	251.07	52.32	148.82
Total Assets	27,033	26,506	23,916	21,827	19,593	18,620
Accounts Payable	1,900	1,928	1,295	980.7	635.05	830.2
Accrued Expenses	174.18	463.83	384.52	324.42	343.33	317.23
Short-Term Debt	516.25	539.42	474.79	740.53	151.84	42.16
Current Portion of Long-Term Debt	4.35	0.05	-	-	-	-
Current Portion of Leases	-	3.24	4.55	4.74	6.72	7.78
Current Income Taxes Payable	214.62	144.23	109.09	103.23	100.28	19.26
Current Unearned Revenue	36.74	23.89	30.78	22.61	18.62	25.36
Other Current Liabilities	410.02	377.84	295.21	224.3	227.43	332.01
Total Current Liabilities	3,256	3,480	2,594	2,401	1,483	1,574
Long-Term Debt	24.93	24.93	-	-	-	-
Long-Term Leases	20.61	18.8	22.25	26.57	30.64	1.74
Long-Term Unearned Revenue	1,044	1,032	1,061	879.65	732.22	609.43
Long-Term Deferred Tax Liabilities	287.32	286.86	365.7	278.57	242.93	213.35
Other Long-Term Liabilities	-	-	1.26	2.53	0.88	29.95
Total Liabilities	4,632	4,843	4,044	3,588	2,490	2,428
Common Stock	1,916	1,916	1,916	1,916	1,916	1,916
Additional Paid-In Capital	6,218	6,218	6,218	6,218	6,218	6,218
Retained Earnings	14,456	13,665	11,773	10,120	9,018	8,126
Treasury Stock	-175.44	-175.44	-	-	-	-
Comprehensive Income & Other	-18.86	34.01	-42.04	-21.09	-52.76	-70.71
Total Common Equity	22,397	21,659	19,866	18,233	17,100	16,190
Minority Interest	4.19	4.28	5.69	5.9	3.74	1.28
Shareholders' Equity	22,401	21,663	19,872	18,239	17,103	16,192
Total Liabilities & Equity	27,033	26,506	23,916	21,827	19,593	18,620
Total Debt	566.13	586.44	501.59	771.85	189.21	51.69
Net Cash (Debt)	6,115	6,230	7,615	5,916	8,575	8,194
Net Cash Growth	-24.45%	-18.19%	28.70%	-31.00%	4.65%	51.66%
Net Cash Per Share	3.19	3.26	3.96	3.07	4.50	4.48
Filing Date Shares Outstanding	1,916	1,916	1,916	1,916	1,916	1,916
Total Common Shares Outstanding	1,916	1,916	1,916	1,916	1,916	1,916
Working Capital	10,155	9,601	11,008	8,879	11,337	11,213
Book Value Per Share	11.69	11.30	10.37	9.51	8.92	8.45
Tangible Book Value	21,717	20,965	19,198	17,543	16,512	15,673
Tangible Book Value Per Share	11.33	10.94	10.02	9.15	8.62	8.18
Buildings	-	3,078	2,736	2,322	2,027	1,397
Machinery	-	7,301	6,545	5,842	5,735	5,019
Construction In Progress	-	400.17	593.66	681.2	690.54	725.06

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