SHE:300601 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	169.31	257.3	432.84	1,196	1,018	3,550
Short-Term Investments	-	715.97	2,174	463.34	531.58	725.57
Trading Asset Securities	1,711	1,689	-	100.02	440.83	-
Cash & Short-Term Investments	1,881	2,662	2,607	1,759	1,990	4,275
Cash Growth	755.12%	2.12%	48.21%	-11.61%	-53.45%	40.73%
Accounts Receivable	2,752	2,584	2,787	2,788	2,293	1,858
Other Receivables	11.43	11.16	10.54	8.9	11.38	14.25
Receivables	2,764	2,595	2,798	2,797	2,305	1,872
Inventory	693.73	681.09	782.77	772.85	727.8	1,058
Other Current Assets	618.28	56.66	55.09	67.51	152.34	135.14
Total Current Assets	5,957	5,995	6,242	5,396	5,175	7,341
Property, Plant & Equipment	4,868	4,965	5,225	5,716	5,176	4,116
Long-Term Investments	0	0	-	311.68	302.38	105.64
Other Intangible Assets	497.26	467.9	436.66	433.45	357.98	346.04
Long-Term Deferred Tax Assets	683.15	689.49	697.63	630.32	708.32	558.6
Long-Term Deferred Charges	277.99	299.2	268.26	172.47	195.95	489.6
Other Long-Term Assets	1,703	1,679	1,693	2,425	1,871	1,192
Total Assets	13,986	14,095	14,564	15,085	13,786	14,149
Accounts Payable	571.06	708.25	847.83	882.48	434.13	708.2
Accrued Expenses	54.07	1,280	1,358	1,595	1,330	807.26
Short-Term Debt	11.01	-	34.1	60.04	170.07	777.53
Current Portion of Long-Term Debt	25.53	16.66	202.95	32.32	103.61	22.6
Current Income Taxes Payable	17.62	-	6.32	-	-	65.64
Current Unearned Revenue	24.6	40.86	19.28	28.76	31.23	94.51
Other Current Liabilities	1,371	169.68	178.17	152.69	270.96	142.39
Total Current Liabilities	2,075	2,216	2,647	2,751	2,340	2,618
Long-Term Debt	1,890	1,870	1,786	2,372	2,016	1,938
Long-Term Unearned Revenue	258.3	262.21	247.82	328.7	383.1	349.54
Long-Term Deferred Tax Liabilities	0.67	0.67	34.52	26.89	26.08	41.47
Other Long-Term Liabilities	97.1	115.42	186.72	64.51	36.33	35.13
Total Liabilities	4,321	4,464	4,903	5,544	4,801	4,982
Common Stock	1,117	1,117	1,117	1,117	1,120	687.09
Additional Paid-In Capital	5,512	5,512	5,511	5,369	5,490	5,357
Retained Earnings	2,526	2,492	2,523	2,544	1,884	2,612
Treasury Stock	-	-	-	-	-20	-0.55
Comprehensive Income & Other	510.79	510.83	510.95	511.1	511.14	511.3
Total Common Equity	9,665	9,632	9,661	9,542	8,985	9,167
Minority Interest	0.11	-0.16	-0.1	-	-	-
Shareholders' Equity	9,665	9,632	9,661	9,542	8,985	9,167
Total Liabilities & Equity	13,986	14,095	14,564	15,085	13,786	14,149
Total Debt	1,927	1,887	2,024	2,465	2,289	2,738
Net Cash (Debt)	-46.13	775.57	583.32	-705.64	-299.34	1,537
Net Cash Growth	-	32.96%	-	-	-	-47.84%
Net Cash Per Share	-0.04	0.66	0.52	-0.63	-0.27	1.38
Filing Date Shares Outstanding	1,117	1,117	1,117	1,117	1,120	1,120
Total Common Shares Outstanding	1,117	1,117	1,117	1,117	1,120	1,099
Working Capital	3,882	3,779	3,595	2,645	2,835	4,723
Book Value Per Share	8.65	8.62	8.65	8.54	8.02	8.34
Tangible Book Value	9,168	9,164	9,224	9,108	8,627	8,821
Tangible Book Value Per Share	8.21	8.20	8.26	8.15	7.70	8.02
Buildings	-	2,751	2,780	2,718	1,037	939.37
Machinery	-	3,185	2,840	1,853	1,671	1,682
Construction In Progress	-	711.43	990.28	2,281	3,463	2,320

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