SHE:300567 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	1,146	1,965	1,739	1,850	940.74	1,474
Cash & Short-Term Investments	1,356	1,965	1,739	1,850	940.74	1,474
Cash Growth	-0.07%	13.00%	-6.00%	96.64%	-36.18%	13.29%
Accounts Receivable	1,783	1,802	1,626	1,864	1,782	1,175
Other Receivables	120.81	36.36	23	24.03	46.87	24.17
Receivables	1,904	1,838	1,649	1,889	1,829	1,199
Inventory	2,289	2,100	1,928	1,489	1,354	942.94
Other Current Assets	250.68	253.31	247.53	254.63	158.49	194.08
Total Current Assets	5,799	6,157	5,563	5,482	4,282	3,810
Property, Plant & Equipment	3,306	3,312	2,920	2,668	2,209	1,473
Long-Term Investments	1,582	1,593	1,158	636.46	560.8	429.82
Goodwill	35.11	35.11	35.11	35.11	35.11	35.11
Other Intangible Assets	457.56	464.7	315.04	297.88	311.9	211.82
Long-Term Deferred Tax Assets	26.97	26.67	23.04	30.36	34.27	22.64
Long-Term Deferred Charges	29.03	30.45	35.63	46.29	36.94	30.33
Other Long-Term Assets	33.43	33.24	26.81	25.3	7.01	34.66
Total Assets	11,270	11,653	10,076	9,221	7,477	6,047
Accounts Payable	1,041	1,163	1,085	954.34	1,216	665.44
Accrued Expenses	83.32	307.01	248.02	211.23	230.66	167.43
Short-Term Debt	1,306	1,371	1,200	1,160	1,266	630
Current Portion of Long-Term Debt	342.74	414.75	487.65	181.61	79.79	79.79
Current Portion of Leases	-	-	-	14.51	16	13.97
Current Income Taxes Payable	25.93	3.19	0.82	5.39	28.23	15.88
Current Unearned Revenue	370.09	364.02	387.33	389.5	199.29	76.25
Other Current Liabilities	51.36	86.75	46.8	35.38	37.43	23.25
Total Current Liabilities	3,220	3,709	3,455	2,952	3,073	1,672
Long-Term Debt	2,356	2,344	1,879	1,635	522.76	510.58
Long-Term Leases	11.95	10.89	18.79	11.82	18.54	27.99
Long-Term Unearned Revenue	410.97	444	355.56	240.58	187.34	163.49
Long-Term Deferred Tax Liabilities	5.67	5.9	0.12	2.69	3.36	0.86
Other Long-Term Liabilities	2.79	2.79	178.67	160.4	145.2	130.1
Total Liabilities	6,008	6,517	5,887	5,002	3,951	2,505
Common Stock	279.75	279.75	274.19	278.15	278.14	278.14
Additional Paid-In Capital	2,114	2,081	1,815	1,974	1,925	1,898
Retained Earnings	1,307	1,264	1,182	1,334	1,266	1,075
Treasury Stock	-	-	-	-103.83	-199.63	-
Comprehensive Income & Other	725.04	717.51	192.54	222.67	-43.61	63.02
Total Common Equity	4,426	4,342	3,464	3,706	3,225	3,315
Minority Interest	836.56	793.77	725.66	513.52	301.12	227.55
Shareholders' Equity	5,262	5,135	4,189	4,219	3,526	3,542
Total Liabilities & Equity	11,270	11,653	10,076	9,221	7,477	6,047
Total Debt	4,017	4,140	3,585	3,003	1,904	1,262
Net Cash (Debt)	-2,661	-2,176	-1,846	-1,153	-962.8	211.63
Net Cash Per Share	-9.28	-7.69	-6.62	-4.15	-3.50	0.79
Filing Date Shares Outstanding	279.75	279.75	274.19	275.21	272.39	278.14
Total Common Shares Outstanding	279.75	279.75	274.19	275.21	272.39	278.14
Working Capital	2,579	2,447	2,108	2,531	1,209	2,138
Book Value Per Share	15.82	15.52	12.63	13.46	11.84	11.92
Tangible Book Value	3,933	3,842	3,114	3,373	2,878	3,068
Tangible Book Value Per Share	14.06	13.73	11.36	12.25	10.57	11.03
Buildings	-	2,948	2,307	1,869	1,365	547.32
Machinery	-	589.32	409.99	349.33	306.96	199.18
Construction In Progress	-	128.95	475.62	628.82	633.76	764.36
Order Backlog	-	4,231	-	-	-	-

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