SHE:300666 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	1,516	1,311	1,155	958.95	1,315	482.1
Cash & Short-Term Investments	1,516	1,311	1,155	958.95	1,315	482.1
Cash Growth	2.16%	13.47%	20.45%	-27.10%	172.85%	18.68%
Accounts Receivable	1,458	1,339	1,022	680.12	463.26	364.55
Other Receivables	146.58	48.83	10.54	34.2	25.01	20.01
Receivables	1,605	1,387	1,032	714.31	488.27	384.56
Inventory	1,829	1,541	1,451	1,090	1,060	588.67
Prepaid Expenses	-	1.63	-	-	-	-
Other Current Assets	461.82	294.65	242.76	105.39	61.11	32.97
Total Current Assets	5,412	4,536	3,881	2,869	2,925	1,488
Property, Plant & Equipment	4,646	4,394	3,383	2,073	1,227	852.24
Long-Term Investments	740.94	710.62	642.84	572.4	345.4	246.62
Goodwill	-	-	-	-	-	3.69
Other Intangible Assets	436.96	443.24	434.03	436.9	393.06	130.56
Long-Term Accounts Receivable	0.15	0.15	0.32	0.46	-	-
Long-Term Deferred Tax Assets	10.4	23.17	27.43	25.05	28.76	52.31
Long-Term Deferred Charges	130	139.83	154.32	128.39	58.54	51.74
Other Long-Term Assets	477.25	336.39	167.02	166.68	120.83	75.99
Total Assets	11,853	10,583	8,689	6,272	5,098	2,901
Accounts Payable	1,921	1,674	1,313	835.98	422.55	283.52
Accrued Expenses	66.29	161.96	101.76	85.22	63.49	46.57
Short-Term Debt	1,061	514.88	398.23	185.17	156.65	376.44
Current Portion of Long-Term Debt	923.46	1,059	814.85	67.7	21.02	109.13
Current Portion of Leases	-	73.19	33.74	23.58	13.47	7.53
Current Income Taxes Payable	141.28	51.79	48.98	21.18	18.78	11.11
Current Unearned Revenue	141.05	14.06	8.7	8.34	1.29	1.41
Other Current Liabilities	73.03	12.2	22.31	50.19	108.27	5.22
Total Current Liabilities	4,327	3,562	2,741	1,277	805.52	840.94
Long-Term Debt	2,120	1,898	1,388	749.98	209.18	464.1
Long-Term Leases	245.79	180.52	43.21	34.5	27.54	23.28
Long-Term Unearned Revenue	143.16	115.18	81.87	77.78	69.67	66.92
Long-Term Deferred Tax Liabilities	2.26	1.83	7.04	2.22	0.39	40.41
Total Liabilities	6,838	5,757	4,262	2,142	1,112	1,436
Common Stock	265.32	265.32	265.34	265.44	265.57	227.62
Additional Paid-In Capital	3,088	3,081	3,045	3,062	3,128	616.22
Retained Earnings	1,883	1,674	1,255	906.86	706.09	467.18
Treasury Stock	-52	-52	-69.13	-65.09	-95.7	-
Comprehensive Income & Other	-1.23	0.73	5.69	5.34	3.11	145.7
Total Common Equity	5,183	4,969	4,502	4,174	4,007	1,457
Minority Interest	-167.63	-142.99	-73.97	-44.51	-20.68	9.08
Shareholders' Equity	5,016	4,826	4,428	4,130	3,986	1,466
Total Liabilities & Equity	11,853	10,583	8,689	6,272	5,098	2,901
Total Debt	4,350	3,725	2,678	1,061	427.86	980.49
Net Cash (Debt)	-2,833	-2,415	-1,523	-101.98	887.55	-498.39
Net Cash Per Share	-10.73	-9.14	-5.74	-0.38	3.73	-2.20
Filing Date Shares Outstanding	264.3	264.3	264.32	270.79	265.57	227.62
Total Common Shares Outstanding	264.3	264.3	264.32	270.79	265.57	227.62
Working Capital	1,085	974.11	1,140	1,592	2,119	647.35
Book Value Per Share	19.61	18.80	17.03	15.42	15.09	6.40
Tangible Book Value	4,746	4,526	4,068	3,737	3,614	1,322
Tangible Book Value Per Share	17.96	17.12	15.39	13.80	13.61	5.81
Buildings	-	1,588	556.88	589.12	454.55	295.41
Machinery	-	2,023	1,296	919.01	752.51	624.8
Construction In Progress	-	1,429	2,006	950.63	335.28	195.99

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