SHE:300602 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	828.63	969.25	1,181	1,254	594.59	685.49
Trading Asset Securities	166.52	41.84	-	-	-	6.1
Cash & Short-Term Investments	995.15	1,011	1,181	1,254	594.59	691.59
Cash Growth	8.84%	-14.42%	-5.79%	110.90%	-14.03%	-31.64%
Accounts Receivable	3,252	2,996	2,495	2,056	1,729	1,374
Other Receivables	22.06	400.94	25.72	87.66	39.35	31.59
Receivables	3,274	3,397	2,521	2,144	1,768	1,405
Inventory	1,326	1,114	938.51	808.58	836.47	811.15
Prepaid Expenses	-	-	1.79	0.59	2.92	2.4
Other Current Assets	88.3	42.82	21.34	22.37	53.93	106.68
Total Current Assets	5,683	5,564	4,664	4,230	3,256	3,017
Property, Plant & Equipment	2,856	2,869	2,392	2,171	2,069	1,653
Long-Term Investments	19.33	19.33	6.07	117.42	109.31	60
Goodwill	115.27	115.27	96.98	101.26	103.95	103.95
Other Intangible Assets	375.37	377.88	334.23	341.85	330.5	328.29
Long-Term Accounts Receivable	-	-	25.17	-	-	-
Long-Term Deferred Tax Assets	134.01	162.64	117.63	151.42	141.1	71.48
Long-Term Deferred Charges	216.52	221.75	196.4	248.55	219.13	191.96
Other Long-Term Assets	93.25	71.4	28.31	21.69	56.82	103.59
Total Assets	9,493	9,401	7,861	7,383	6,285	5,529
Accounts Payable	2,789	2,967	1,956	1,619	1,296	1,343
Accrued Expenses	132.87	205.23	144.38	105.31	85.97	76
Short-Term Debt	962.09	788.6	669.93	490.75	1,197	851
Current Portion of Long-Term Debt	-	-	173.48	339.9	99.95	14.4
Current Portion of Leases	-	-	32.59	47.76	42.1	43.36
Current Income Taxes Payable	47.58	-	22.24	19	7.4	10.95
Current Unearned Revenue	11.73	6.16	11.77	12.82	8.47	7.04
Other Current Liabilities	488.78	488.21	142.8	124.41	130.81	62.77
Total Current Liabilities	4,433	4,456	3,153	2,759	2,867	2,409
Long-Term Debt	439.25	422.15	409.35	442.76	388.56	110.02
Long-Term Leases	39.42	34.22	22.77	29.95	38.72	56.07
Long-Term Unearned Revenue	216.3	218.46	231.61	260.06	250.5	266.17
Long-Term Deferred Tax Liabilities	59.75	75.24	61.27	82.61	88.38	54.39
Other Long-Term Liabilities	22.85	7.18	-	-	0.05	0.14
Total Liabilities	5,210	5,213	3,878	3,574	3,634	2,896
Common Stock	581.86	581.86	580.01	578.05	507.94	507.94
Additional Paid-In Capital	1,513	1,481	1,727	1,717	745.29	733.93
Retained Earnings	2,056	1,994	1,597	1,427	1,284	1,193
Treasury Stock	-	-	-5.17	-10.33	-17.22	-17.22
Comprehensive Income & Other	-0.94	-0.77	-1.16	18.27	32.98	32.99
Total Common Equity	4,150	4,057	3,898	3,729	2,553	2,451
Minority Interest	133.29	132.06	84.64	79.12	98.26	182.67
Shareholders' Equity	4,283	4,189	3,983	3,809	2,652	2,634
Total Liabilities & Equity	9,493	9,401	7,861	7,383	6,285	5,529
Total Debt	1,441	1,245	1,308	1,351	1,766	1,075
Net Cash (Debt)	-445.61	-233.88	-126.72	-97.11	-1,172	-383.25
Net Cash Per Share	-0.75	-0.40	-0.22	-0.18	-2.31	-0.76
Filing Date Shares Outstanding	595.05	574.67	580.01	578.05	507.94	507.94
Total Common Shares Outstanding	595.05	574.67	580.01	578.05	507.94	507.94
Working Capital	1,251	1,109	1,510	1,471	388.29	608.17
Book Value Per Share	6.97	7.06	6.72	6.45	5.03	4.83
Tangible Book Value	3,659	3,563	3,467	3,286	2,119	2,019
Tangible Book Value Per Share	6.15	6.20	5.98	5.69	4.17	3.97
Buildings	-	-	870.49	862.68	713.73	665.8
Machinery	-	-	1,658	1,568	1,396	1,184
Construction In Progress	-	-	627.08	343.65	433.61	154.92

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