SHE:300438 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	2,138	2,001	1,646	2,241	1,262	1,221
Trading Asset Securities	15.13	66.7	104.68	20.77	36.81	66.03
Cash & Short-Term Investments	2,153	2,068	1,751	2,262	1,299	1,287
Cash Growth	16.62%	18.07%	-22.60%	74.18%	0.89%	-12.81%
Accounts Receivable	6,468	5,110	3,810	2,346	3,011	1,822
Other Receivables	90.22	69.19	74.84	59.17	29.93	43.97
Receivables	6,558	5,179	3,885	2,605	3,041	1,866
Inventory	4,607	4,194	2,798	3,103	2,608	1,604
Prepaid Expenses	-	-	13.28	6.96	2.38	5.33
Other Current Assets	574.09	522.82	577.7	474.79	193.07	331.05
Total Current Assets	13,893	11,963	9,025	8,452	7,143	5,094
Property, Plant & Equipment	7,387	7,479	6,395	6,110	3,685	2,619
Long-Term Investments	414.54	417.06	549.06	317.48	207.21	114.84
Goodwill	18.73	17.52	12.15	12.15	12.15	28.5
Other Intangible Assets	994.61	985.56	472.31	436.69	395.08	305.93
Long-Term Accounts Receivable	-	-	8.35	-	-	-
Long-Term Deferred Tax Assets	323.19	293.02	202.21	174.89	184.54	137.06
Long-Term Deferred Charges	106.27	111.14	76.13	38.79	31.69	64.19
Other Long-Term Assets	331.26	119.84	128.61	126.64	456.6	143.89
Total Assets	23,469	21,386	16,868	15,669	12,115	8,507
Accounts Payable	8,888	8,241	6,068	4,852	4,284	3,316
Accrued Expenses	275.92	206.02	221.72	136.73	144.03	117.35
Short-Term Debt	1,494	1,456	1,504	896.26	803.66	593.79
Current Portion of Long-Term Debt	585.33	344.78	541.24	32.58	24.4	0.19
Current Portion of Leases	-	-	27.17	20.54	13.19	11.93
Current Income Taxes Payable	-	123.41	21.35	13.33	6.87	7.45
Current Unearned Revenue	1,405	826.25	306.31	739.52	362.33	292.06
Other Current Liabilities	1,323	1,102	511.65	544.05	892.63	108.78
Total Current Liabilities	13,973	12,300	9,202	7,235	6,531	4,448
Long-Term Debt	1,508	1,380	1,268	1,620	631.66	671.92
Long-Term Leases	577.66	580.51	126.18	125.72	52.65	45.17
Long-Term Unearned Revenue	883.48	903.92	788.94	809.18	443.04	241.79
Long-Term Deferred Tax Liabilities	33.43	35.7	23.52	54.61	140.41	96.48
Other Long-Term Liabilities	688.64	665.98	209.4	206.5	148.31	50.15
Total Liabilities	17,664	15,866	11,618	10,052	7,947	5,553
Common Stock	503.34	503.34	503.34	503.44	461.29	433.5
Additional Paid-In Capital	3,076	3,065	3,034	3,050	1,615	1,068
Retained Earnings	2,077	1,753	1,547	1,830	1,856	1,249
Treasury Stock	-32.47	-32.47	-59.99	-45.08	-12.25	-60.17
Comprehensive Income & Other	72.95	72.55	63.33	63.95	35.9	71.99
Total Common Equity	5,697	5,361	5,088	5,402	3,956	2,762
Minority Interest	108.53	159.33	163.41	214.95	211.98	191.1
Shareholders' Equity	5,805	5,521	5,251	5,617	4,168	2,953
Total Liabilities & Equity	23,469	21,386	16,868	15,669	12,115	8,507
Total Debt	4,165	3,761	3,466	2,696	1,526	1,323
Net Cash (Debt)	-2,011	-1,694	-1,715	-433.33	-226.76	-35.69
Net Cash Per Share	-4.00	-3.37	-3.40	-0.90	-0.51	-0.08
Filing Date Shares Outstanding	503.37	500.1	503.34	503.44	461.29	431.79
Total Common Shares Outstanding	503.37	500.1	503.34	503.44	461.29	431.79
Working Capital	-79.64	-336.74	-177.17	1,217	611.83	645.8
Book Value Per Share	11.32	10.72	10.11	10.73	8.58	6.40
Tangible Book Value	4,683	4,358	4,603	4,953	3,549	2,428
Tangible Book Value Per Share	9.30	8.71	9.15	9.84	7.69	5.62
Buildings	-	-	1,445	1,477	720.81	592.25
Machinery	-	-	6,192	5,070	3,685	2,508
Construction In Progress	-	-	840.2	1,062	442.38	435.63

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