SHE:300446 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	2,277	2,764	2,638	3,014	656.66	40.11
Short-Term Investments	-	-	2.51	6.76	6.18	-
Trading Asset Securities	573.1	26.52	-	-	119.46	149.14
Cash & Short-Term Investments	2,850	2,791	2,641	3,021	782.29	189.24
Cash Growth	13.83%	5.68%	-12.57%	286.14%	313.39%	-46.73%
Accounts Receivable	3,302	3,437	2,417	2,522	2,133	29.64
Other Receivables	25.79	58.86	11.45	55.49	28.91	0.99
Receivables	3,328	3,496	2,429	2,577	2,242	116.24
Inventory	1,411	1,838	1,765	1,269	743.19	50.22
Prepaid Expenses	-	4.57	4.36	-	0	-
Other Current Assets	295.3	182.11	194.25	85.88	119.76	15.89
Total Current Assets	7,884	8,312	7,034	6,953	3,888	371.59
Property, Plant & Equipment	2,533	2,521	2,388	2,125	2,063	382.53
Long-Term Investments	100.01	96.27	93.64	83.48	84.32	-
Goodwill	7.5	7.5	7.5	7.5	7.5	-
Other Intangible Assets	253.54	255.73	263.26	220.7	227.42	56.53
Long-Term Deferred Tax Assets	67.42	69.69	56.42	73.52	54.47	1.36
Long-Term Deferred Charges	22.83	13.6	7.05	7.61	5.7	0.01
Other Long-Term Assets	258.42	217.96	248.55	229.67	225.53	15
Total Assets	11,127	11,494	10,098	9,700	6,555	827.03
Accounts Payable	3,923	4,532	3,716	3,366	2,506	52.8
Accrued Expenses	158.28	214.74	211.6	184.7	183.04	4.83
Short-Term Debt	-	-	-	835.71	831.06	-
Current Portion of Long-Term Debt	40.51	0.1	0.08	0.08	340.47	0.05
Current Portion of Leases	-	31.63	30.75	35.95	23.46	-
Current Income Taxes Payable	60.85	41.46	37.98	21.8	29.03	0.58
Current Unearned Revenue	30.61	18.8	53.16	47.48	52.18	0.72
Other Current Liabilities	215.8	111.11	125.15	60.56	122.65	3.26
Total Current Liabilities	4,429	4,949	4,175	4,552	4,088	62.24
Long-Term Debt	80	80	60	60	20	60
Long-Term Leases	40.82	43.62	74.4	73.94	63.54	-
Long-Term Unearned Revenue	104.81	108.15	104.94	102.99	109.25	24.69
Long-Term Deferred Tax Liabilities	19.83	21.06	16.46	39.18	17.06	0.25
Other Long-Term Liabilities	31.89	38.71	101.33	77.26	62.63	1.65
Total Liabilities	4,707	5,241	4,532	4,905	4,361	148.83
Common Stock	845.41	845.41	845.41	845.41	202.62	202.62
Additional Paid-In Capital	2,065	2,065	2,065	2,065	306.51	0.55
Retained Earnings	3,092	2,953	2,309	1,602	1,178	444.82
Comprehensive Income & Other	47.26	37.56	24.26	18.48	18.7	-
Total Common Equity	6,050	5,901	5,244	4,531	1,706	647.99
Minority Interest	370.08	351.43	321.9	264.48	488.3	30.2
Shareholders' Equity	6,420	6,253	5,566	4,795	2,195	678.2
Total Liabilities & Equity	11,127	11,494	10,098	9,700	6,555	827.03
Total Debt	161.33	155.35	165.23	1,006	1,279	60.05
Net Cash (Debt)	2,689	2,636	2,476	2,015	-496.23	129.19
Net Cash Growth	14.55%	6.46%	22.86%	-	-	-59.02%
Net Cash Per Share	3.18	3.12	2.93	2.96	-0.75	0.64
Filing Date Shares Outstanding	845.36	845.41	845.41	845.41	202.62	202.62
Total Common Shares Outstanding	845.36	845.41	845.41	845.41	202.62	202.62
Working Capital	3,455	3,362	2,859	2,401	-200.63	309.35
Book Value Per Share	7.16	6.98	6.20	5.36	8.42	3.20
Tangible Book Value	5,789	5,638	4,973	4,302	1,471	591.46
Tangible Book Value Per Share	6.85	6.67	5.88	5.09	7.26	2.92
Buildings	-	1,140	1,110	1,100	964.54	159.95
Machinery	-	4,564	4,173	3,662	3,362	187.58
Construction In Progress	-	469.26	357.89	237.8	395.24	181.92

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