SHE:300569 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	839.12	870.62	972.46	1,261	1,232	1,455
Trading Asset Securities	300	-	-	-	-	-
Cash & Short-Term Investments	1,139	870.62	972.46	1,261	1,232	1,455
Cash Growth	43.44%	-10.47%	-22.86%	2.36%	-15.38%	44.59%
Accounts Receivable	2,671	3,039	3,310	4,063	3,013	2,646
Other Receivables	6.61	10.18	13.62	9.08	11.89	5.29
Receivables	2,678	3,049	3,323	4,072	3,025	2,652
Inventory	2,154	2,083	1,566	1,274	876.27	1,009
Other Current Assets	597.61	454.82	448.92	431.24	334.81	267.87
Total Current Assets	6,569	6,458	6,311	7,039	5,468	5,384
Property, Plant & Equipment	4,970	5,013	4,864	5,222	4,835	4,021
Goodwill	3.6	3.6	3.6	3.6	-	-
Other Intangible Assets	277.58	280.46	289.42	281.64	201.05	199.63
Long-Term Deferred Tax Assets	215.67	212.56	171.61	123.94	59.03	37.6
Long-Term Deferred Charges	7.13	5.41	9.39	10.82	9.39	9.92
Other Long-Term Assets	441.85	417.73	303.38	161.63	593.58	286.97
Total Assets	12,485	12,390	11,952	12,843	11,165	9,939
Accounts Payable	1,314	1,800	1,418	1,949	1,607	2,087
Accrued Expenses	17.33	28.31	45.04	43.77	57.81	78.7
Short-Term Debt	1,088	560.21	740.35	875.17	1,240	1,001
Current Portion of Long-Term Debt	1,489	1,780	1,111	542.75	252.09	24.28
Current Portion of Leases	-	-	506.61	126.27	119.28	100.75
Current Income Taxes Payable	28.26	43.29	13.01	10.84	21.1	17.31
Current Unearned Revenue	445.07	518.6	362.92	228.87	313.97	298.93
Other Current Liabilities	226.2	316.71	211.83	208.05	122.76	60.33
Total Current Liabilities	4,608	5,048	4,408	3,985	3,735	3,668
Long-Term Debt	1,866	1,280	1,754	2,144	2,257	1,333
Long-Term Leases	48.07	48.16	470.48	989.21	1,114	1,049
Long-Term Unearned Revenue	5.67	5.9	7.15	8.19	6.85	2.22
Long-Term Deferred Tax Liabilities	3.31	3.34	3.71	3.77	0.07	-
Other Long-Term Liabilities	548.14	635.46	-	10.15	9.89	9.89
Total Liabilities	7,079	7,020	6,644	7,140	7,123	6,062
Common Stock	1,023	1,023	1,023	1,023	809.29	797.39
Additional Paid-In Capital	2,601	2,601	2,601	2,600	1,329	1,286
Retained Earnings	1,713	1,679	1,580	1,917	1,734	1,626
Treasury Stock	-99.99	-99.99	-60.3	-	-	-
Comprehensive Income & Other	132.04	130.55	130.84	130.15	130.07	128.74
Total Common Equity	5,369	5,333	5,274	5,670	4,003	3,839
Minority Interest	37.12	36.63	33.74	32.09	40.28	38.36
Shareholders' Equity	5,406	5,370	5,308	5,703	4,043	3,877
Total Liabilities & Equity	12,485	12,390	11,952	12,843	11,165	9,939
Total Debt	4,491	3,668	4,583	4,677	4,983	3,507
Net Cash (Debt)	-3,352	-2,797	-3,610	-3,416	-3,751	-2,052
Net Cash Per Share	-3.35	-2.78	-3.53	-3.73	-4.65	-2.68
Filing Date Shares Outstanding	1,003	979.6	1,011	1,023	809.29	797.39
Total Common Shares Outstanding	1,003	979.6	1,011	1,023	809.29	797.39
Working Capital	1,961	1,410	1,902	3,054	1,733	1,715
Book Value Per Share	5.35	5.44	5.21	5.54	4.95	4.81
Tangible Book Value	5,088	5,049	4,981	5,385	3,801	3,639
Tangible Book Value Per Share	5.07	5.15	4.92	5.27	4.70	4.56
Buildings	-	-	770.15	785.67	520.91	444.03
Machinery	-	-	4,909	4,898	3,767	3,664
Construction In Progress	-	-	368.35	389.28	1,114	331.39

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