SHE:300487 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	2,696	2,591	2,262	2,249	1,345	764.24
Short-Term Investments	-	-	70.05	-	-	-
Trading Asset Securities	122.43	63.6	91.38	89.43	147.13	40.04
Cash & Short-Term Investments	2,819	2,654	2,424	2,339	1,493	804.28
Cash Growth	11.97%	9.51%	3.64%	56.70%	85.58%	32.60%
Accounts Receivable	803.48	963.47	850.1	729.11	646.6	580.52
Other Receivables	116.56	13.2	11.25	10.66	10.11	10.18
Receivables	920.04	976.67	861.35	739.77	656.71	590.7
Inventory	1,174	1,137	1,155	1,100	962.72	472.53
Prepaid Expenses	-	0.13	0.3	-	0.38	0.41
Other Current Assets	80.05	59.05	59.71	52.71	78.06	47.31
Total Current Assets	4,993	4,828	4,500	4,231	3,190	1,915
Property, Plant & Equipment	1,180	1,191	1,065	919.96	847.73	719.88
Long-Term Investments	208.68	203.77	189.61	185.81	223.36	7.53
Goodwill	26.05	26.05	26.05	26.05	26.05	26.05
Other Intangible Assets	206.49	206.93	213.33	215.98	196.46	202.6
Long-Term Accounts Receivable	-	-	-	12.47	17.05	-
Long-Term Deferred Tax Assets	44.91	49.25	41.8	53.87	43.43	25.13
Other Long-Term Assets	92.57	91.82	49.25	49.57	26.64	208.11
Total Assets	6,752	6,596	6,085	5,695	4,571	3,105
Accounts Payable	400.08	494.25	442.94	545.66	506.68	262.31
Accrued Expenses	2.16	50.75	38.7	45.39	57.39	22.84
Short-Term Debt	49.3	40.16	37.35	108.83	63.21	33.32
Current Portion of Long-Term Debt	0.52	0.51	0.51	-	-	22.73
Current Portion of Leases	-	0.58	1.09	0.61	0.5	0.59
Current Income Taxes Payable	133.31	120.22	109.09	109.78	87.75	32.04
Current Unearned Revenue	846.74	788.83	865.12	838.85	936.91	393.1
Other Current Liabilities	76.95	69.83	87.64	64.25	56.22	50.27
Total Current Liabilities	1,509	1,565	1,582	1,713	1,709	817.2
Long-Term Debt	464.62	463.58	429.24	386.98	-	98.89
Long-Term Leases	2.44	2.11	2.46	3.29	3.43	3.6
Long-Term Unearned Revenue	82.28	83.3	85.31	65.63	67.09	71.72
Long-Term Deferred Tax Liabilities	32.83	35.39	22.99	30.56	25.23	13.92
Other Long-Term Liabilities	40.01	39.14	35.88	39.38	30.14	-
Total Liabilities	2,131	2,189	2,158	2,239	1,835	1,005
Common Stock	509.14	507.67	507.34	505.01	335.1	219.79
Additional Paid-In Capital	847.63	817.36	807.49	765.55	840.68	753.67
Retained Earnings	3,173	2,991	2,490	2,049	1,547	1,104
Treasury Stock	-28.4	-28.4	-28.4	-22.82	-	-11.72
Comprehensive Income & Other	100.88	101.84	138.59	140.14	-0.77	16.32
Total Common Equity	4,602	4,390	3,915	3,437	2,722	2,082
Minority Interest	18.11	17.96	12.18	18.73	14.25	17.03
Shareholders' Equity	4,620	4,408	3,927	3,456	2,737	2,099
Total Liabilities & Equity	6,752	6,596	6,085	5,695	4,571	3,105
Total Debt	516.88	506.94	470.66	499.71	67.14	159.13
Net Cash (Debt)	2,302	2,147	1,953	1,839	1,425	645.15
Net Cash Growth	13.09%	9.95%	6.20%	29.02%	120.94%	61.54%
Net Cash Per Share	4.55	4.24	3.85	3.62	2.84	1.31
Filing Date Shares Outstanding	508.59	507.12	506.79	504.57	502.65	494.52
Total Common Shares Outstanding	508.59	507.12	506.79	504.57	502.65	494.52
Working Capital	3,484	3,262	2,918	2,518	1,482	1,098
Book Value Per Share	9.05	8.66	7.72	6.81	5.42	4.21
Tangible Book Value	4,370	4,157	3,675	3,195	2,500	1,854
Tangible Book Value Per Share	8.59	8.20	7.25	6.33	4.97	3.75
Buildings	-	791.2	687.41	650.78	626.8	533.52
Machinery	-	733.4	608.88	536.51	504.11	392.35
Construction In Progress	-	374.14	376.15	218.67	92.31	74

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