SHE:300496 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	2,480	2,506	3,185	4,627	4,667	2,117
Short-Term Investments	-	542.22	206.03	-	-	-
Cash & Short-Term Investments	2,480	3,048	3,391	4,627	4,667	2,117
Cash Growth	-18.09%	-10.11%	-26.71%	-0.86%	120.50%	1.37%
Accounts Receivable	2,567	2,803	2,443	1,943	1,810	1,294
Other Receivables	59.28	56.89	64.01	80.5	57.52	46.24
Receivables	2,627	2,860	2,507	2,023	1,868	1,340
Inventory	1,773	1,260	850.44	844.46	850.48	714.68
Other Current Assets	1,002	409.69	284.25	169.31	147.46	160.61
Total Current Assets	7,882	7,578	7,033	7,664	7,533	4,332
Property, Plant & Equipment	1,500	1,361	1,034	775.71	802.05	665.63
Long-Term Investments	750.48	760.75	809.36	889.91	952.11	1,076
Goodwill	587.91	604.43	530.39	420.59	414.92	404.82
Other Intangible Assets	1,988	1,957	1,701	1,213	898.86	611.55
Long-Term Deferred Tax Assets	50.74	46.55	21.35	18.43	43.45	64.21
Long-Term Deferred Charges	46.27	47.11	51.06	54.82	62.55	65.58
Other Long-Term Assets	1,187	1,205	1,326	419.61	14.35	19.14
Total Assets	13,994	13,562	12,508	11,459	10,721	7,239
Accounts Payable	1,377	1,179	976.59	334.19	329.99	295.27
Accrued Expenses	434.06	538.37	413.56	299.67	324.98	306.59
Short-Term Debt	23.02	24.52	26.89	6.79	-	696.02
Current Portion of Long-Term Debt	42.53	0.06	-	-	0.93	1.88
Current Portion of Leases	-	38.95	44.35	55.94	63.58	67.78
Current Income Taxes Payable	83.14	26.59	8.27	21.79	23.37	21.57
Current Unearned Revenue	946.13	661.83	582.02	681.69	342.03	253.32
Other Current Liabilities	122.71	192.41	182.73	155.93	110.93	97.48
Total Current Liabilities	3,029	2,662	2,234	1,556	1,196	1,740
Long-Term Debt	17.08	13.88	13.54	13.54	13.54	0.99
Long-Term Leases	51.61	48.8	48.84	57.83	69.44	81.36
Long-Term Unearned Revenue	31.81	33.24	47.12	32.28	42.82	54.77
Long-Term Deferred Tax Liabilities	60.62	57.72	54.67	44.28	89.32	100.1
Other Long-Term Liabilities	10.52	11.05	10.96	-	-	-
Total Liabilities	3,201	2,827	2,410	1,704	1,411	1,977
Common Stock	460.77	460.39	460.01	459.97	457.48	425.06
Additional Paid-In Capital	6,101	6,070	5,988	5,962	5,832	2,558
Retained Earnings	3,532	3,429	2,960	2,713	2,317	1,656
Treasury Stock	-60.01	-36.31	-	-16.51	-	-
Comprehensive Income & Other	375.28	415.38	365.6	444.34	460.76	548.99
Total Common Equity	10,409	10,339	9,773	9,563	9,067	5,189
Minority Interest	383.74	396.71	325.25	192.73	243.64	72.81
Shareholders' Equity	10,793	10,736	10,099	9,755	9,310	5,262
Total Liabilities & Equity	13,994	13,562	12,508	11,459	10,721	7,239
Total Debt	134.25	126.2	133.62	134.09	147.49	848.02
Net Cash (Debt)	2,346	2,922	3,257	4,493	4,520	1,269
Net Cash Growth	-18.70%	-10.29%	-27.50%	-0.60%	256.26%	-28.29%
Net Cash Per Share	5.07	6.32	7.06	9.79	10.33	2.94
Filing Date Shares Outstanding	459.94	459.71	460.01	459.97	457.48	425.06
Total Common Shares Outstanding	459.94	459.71	460.01	459.97	457.48	425.06
Working Capital	4,853	4,916	4,798	6,108	6,337	2,592
Book Value Per Share	22.63	22.49	21.25	20.79	19.82	12.21
Tangible Book Value	7,833	7,777	7,542	7,929	7,753	4,172
Tangible Book Value Per Share	17.03	16.92	16.40	17.24	16.95	9.82
Land	-	47.59	-	-	-	-
Buildings	-	686.07	679.5	309.31	362.7	362.17
Machinery	-	471.76	361.11	312.32	305.67	249.1
Construction In Progress	-	444.92	220.01	300.65	214.15	45.05

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