SHE:300568 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	2,939	1,998	3,683	3,873	3,131	968.77
Trading Asset Securities	81.68	30	299.37	870.64	1,556	265.55
Cash & Short-Term Investments	3,021	2,028	3,982	4,744	4,686	1,234
Cash Growth	-13.19%	-49.07%	-16.05%	1.23%	279.68%	181.56%
Accounts Receivable	2,778	2,851	2,668	1,853	1,580	1,191
Other Receivables	33.01	-	-	8.26	7.61	5.69
Receivables	2,811	2,851	2,668	1,861	1,587	1,196
Inventory	927.26	762.38	518.06	396.86	283.7	268.83
Other Current Assets	435.96	441.61	373.16	416.59	225	172.35
Total Current Assets	7,195	6,084	7,542	7,419	6,782	2,872
Property, Plant & Equipment	16,821	16,833	12,877	8,578	5,786	3,907
Long-Term Investments	153.49	200.56	178.13	5.12	64.97	59.59
Other Intangible Assets	1,064	1,072	991.15	589.25	341.19	320.64
Long-Term Deferred Tax Assets	68.83	66.74	23.72	11.39	34.51	40.58
Other Long-Term Assets	585.16	467.09	1,533	1,344	692.17	417.11
Total Assets	25,887	24,724	23,146	17,945	13,701	7,617
Accounts Payable	1,213	1,363	1,643	1,056	1,035	530.19
Accrued Expenses	52.71	94.47	71.62	79.89	107.41	53.13
Short-Term Debt	3,978	4,018	3,262	1,747	787.35	1,397
Current Portion of Long-Term Debt	1,912	1,491	741.62	851.69	292.31	231.52
Current Portion of Leases	-	24.1	18.65	3.86	3.51	3.76
Current Income Taxes Payable	47.76	29.77	17.15	37.77	35.93	3.76
Current Unearned Revenue	13.27	18.14	4.33	3.58	2.35	16.68
Other Current Liabilities	293.55	480.06	302.48	241.88	65.31	38.22
Total Current Liabilities	7,511	7,519	6,061	4,022	2,330	2,275
Long-Term Debt	6,587	5,325	5,798	2,924	2,202	530.38
Long-Term Leases	270.06	597.69	299.86	37.13	38.26	44.55
Long-Term Unearned Revenue	465.2	472.2	475.46	476.52	331.2	170.72
Long-Term Deferred Tax Liabilities	15.76	17.81	36.49	39.22	45.46	45.75
Other Long-Term Liabilities	1,064	720.12	504.07	487.81	171.13	168.44
Total Liabilities	15,912	14,652	13,174	7,987	5,118	3,234
Common Stock	1,346	1,348	1,343	1,345	1,281	768.41
Additional Paid-In Capital	6,427	6,472	6,427	6,438	5,663	2,625
Retained Earnings	2,108	2,079	2,109	2,041	1,592	911.62
Treasury Stock	-299.99	-350.76	-62.76	-89.12	-100.57	-31.07
Comprehensive Income & Other	174.61	313.51	-17.09	58.57	-0.56	-7.28
Total Common Equity	9,756	9,862	9,799	9,794	8,435	4,267
Minority Interest	219.05	209.44	171.98	165.1	147.74	115.45
Shareholders' Equity	9,975	10,071	9,971	9,959	8,583	4,382
Total Liabilities & Equity	25,887	24,724	23,146	17,945	13,701	7,617
Total Debt	12,747	11,456	10,120	5,564	3,324	2,208
Net Cash (Debt)	-9,726	-9,428	-6,137	-819.78	1,363	-973.24
Net Cash Per Share	-7.38	-7.03	-4.57	-0.64	1.14	-0.89
Filing Date Shares Outstanding	1,464	1,317	1,343	1,265	1,281	1,151
Total Common Shares Outstanding	1,464	1,317	1,343	1,265	1,281	1,151
Working Capital	-316.22	-1,435	1,481	3,396	4,453	597.32
Book Value Per Share	6.67	7.49	7.30	7.74	6.59	3.71
Tangible Book Value	8,692	8,790	8,808	9,204	8,094	3,946
Tangible Book Value Per Share	5.94	6.67	6.56	7.28	6.32	3.43
Buildings	-	3,989	2,286	1,675	1,067	687.95
Machinery	-	9,446	7,374	5,078	3,882	3,604
Construction In Progress	-	6,115	5,233	3,520	2,087	497.33

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