SHE:300450 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	11,107	6,057	4,230	3,669	6,169	2,865
Short-Term Investments	-	-	106.18	128.39	214.76	270.63
Trading Asset Securities	2,097	1,572	432.28	60.02	301.11	3,188
Cash & Short-Term Investments	13,204	7,629	4,768	3,857	6,685	6,324
Cash Growth	140.81%	60.00%	23.62%	-42.30%	5.70%	106.59%
Accounts Receivable	10,150	9,396	11,094	12,871	9,273	6,178
Other Receivables	70.57	93.81	98.52	102.51	99.18	47.54
Receivables	10,221	9,490	11,192	12,973	9,372	6,225
Inventory	15,963	14,957	13,580	13,207	12,405	7,776
Other Current Assets	1,140	963.04	1,031	652.28	513.27	324.4
Total Current Assets	40,527	33,039	30,571	30,690	28,975	20,650
Property, Plant & Equipment	3,151	3,195	2,774	1,977	1,630	1,523
Long-Term Investments	5	5	5	-	-	-
Goodwill	1,087	1,087	1,087	1,087	1,087	1,088
Other Intangible Assets	564.9	577.83	622.49	602.15	524.24	303.33
Long-Term Deferred Tax Assets	577.86	578.52	680.73	472.66	299.48	125.48
Long-Term Deferred Charges	575.25	590.83	442.13	462.06	459.63	309.08
Other Long-Term Assets	-	0.29	0.22	2.86	1.98	0.75
Total Assets	46,488	39,073	36,183	35,293	32,977	24,000
Accounts Payable	8,485	8,132	6,946	8,959	9,945	9,271
Accrued Expenses	652.11	694.66	721.64	903.43	778.27	539.35
Short-Term Debt	161.18	328.01	1,667	184.17	-	33
Current Portion of Long-Term Debt	1,285	902.78	119.58	-	-	-
Current Portion of Leases	-	146.36	120.94	130.69	107.09	139.81
Current Income Taxes Payable	226.24	10.14	16.9	51.01	143.46	71.87
Current Unearned Revenue	14,981	12,873	11,597	12,573	10,131	3,863
Other Current Liabilities	511.56	361.67	475.7	188.99	304.32	236.57
Total Current Liabilities	26,301	23,449	21,665	22,990	21,410	14,154
Long-Term Debt	1,680	1,817	2,477	-	-	-
Long-Term Leases	465	478.38	275.73	309.9	306.64	319.46
Long-Term Unearned Revenue	115.16	117.48	97.76	73.12	62.03	53.69
Long-Term Deferred Tax Liabilities	91.93	91.69	88.43	72.91	73.55	3.94
Total Liabilities	28,653	25,953	24,603	23,446	21,852	14,531
Common Stock	1,674	1,566	1,566	1,566	1,566	1,564
Additional Paid-In Capital	-	4,181	4,133	4,130	3,859	3,884
Retained Earnings	8,140	7,734	6,258	6,505	5,571	4,034
Treasury Stock	-346.26	-346.26	-350.02	-350.02	-	-9.44
Comprehensive Income & Other	8,402	4.17	-9.61	-2.98	128.22	-3
Total Common Equity	17,869	13,140	11,598	11,848	11,125	9,469
Minority Interest	-34.6	-20.01	-18.15	-0.87	-	-
Shareholders' Equity	17,835	13,120	11,579	11,847	11,125	9,469
Total Liabilities & Equity	46,488	39,073	36,183	35,293	32,977	24,000
Total Debt	3,591	3,672	4,659	624.76	413.73	492.27
Net Cash (Debt)	9,613	3,957	108.61	3,232	6,271	5,832
Net Cash Growth	1279.18%	3543.20%	-96.64%	-48.45%	7.53%	114.95%
Net Cash Per Share	6.18	2.53	0.07	2.06	4.01	4.72
Filing Date Shares Outstanding	1,663	1,663	1,555	1,555	1,566	1,564
Total Common Shares Outstanding	1,663	1,555	1,555	1,555	1,566	1,564
Working Capital	14,226	9,590	8,906	7,700	7,566	6,496
Book Value Per Share	10.74	8.45	7.46	7.62	7.10	6.06
Tangible Book Value	16,218	11,475	9,888	10,160	9,514	8,078
Tangible Book Value Per Share	9.75	7.38	6.36	6.53	6.07	5.17
Land	-	12.84	11.73	12.96	12.2	-
Buildings	-	2,373	1,802	881.65	775.18	596.12
Machinery	-	801.18	727.86	665.14	609.02	511.1
Construction In Progress	-	129.77	423.92	439.3	178.07	214.88

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