SHE:300699 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	1,513	1,764	1,384	1,090	1,377	1,949
Cash & Short-Term Investments	1,513	1,764	1,384	1,090	1,377	1,949
Cash Growth	33.73%	27.43%	26.97%	-20.80%	-29.37%	31.22%
Accounts Receivable	1,969	1,897	1,816	2,030	1,305	833.91
Other Receivables	0.63	1.2	1.69	0.44	72.79	17.11
Receivables	1,969	1,898	1,817	2,031	1,377	851.02
Inventory	902.01	798.7	713.74	455.96	645.04	411.98
Other Current Assets	288.36	279.31	222.98	130.11	87.81	81.19
Total Current Assets	4,673	4,740	4,138	3,707	3,487	3,293
Property, Plant & Equipment	3,795	3,768	3,434	2,960	2,378	1,838
Long-Term Investments	48.05	28.12	28.08	-	-	-
Other Intangible Assets	389.58	326.42	335.71	239.82	231.32	233.56
Long-Term Deferred Tax Assets	49.39	47.89	51.57	55.02	69.74	68.6
Long-Term Deferred Charges	46.73	37.47	16.04	19.57	43.78	10.86
Other Long-Term Assets	64.44	68.09	68.42	76.04	120.8	114.05
Total Assets	9,066	9,016	8,072	7,058	6,330	5,559
Accounts Payable	1,116	717.56	433.23	515.13	542.08	616.25
Accrued Expenses	37.63	89.69	69.51	86.84	69.73	47.67
Short-Term Debt	1,135	985.33	294.78	241.64	148	26.02
Current Portion of Long-Term Debt	326.57	332.31	241.91	59.54	-	-
Current Portion of Leases	-	1.78	2.32	1.56	0.76	2.98
Current Income Taxes Payable	36.59	32.33	20.31	36.15	31.01	25.7
Current Unearned Revenue	20.17	26.54	17.65	29.8	24.9	33.96
Other Current Liabilities	2.62	404.88	303.69	6.55	6	6.37
Total Current Liabilities	2,674	2,590	1,383	977.21	822.47	758.96
Long-Term Debt	228.25	375.76	772.04	118.77	-	-
Long-Term Leases	5.41	1.86	3.47	4.91	2.97	0.59
Long-Term Unearned Revenue	381.44	388.36	420.08	426.76	509.56	534.51
Long-Term Deferred Tax Liabilities	-	-	-	-	0.94	-
Total Liabilities	3,290	3,356	2,579	1,528	1,336	1,294
Common Stock	831.35	831.35	831.35	831.35	518.35	518.35
Additional Paid-In Capital	1,202	1,202	1,216	1,319	1,574	1,529
Retained Earnings	3,944	3,823	3,632	3,303	2,793	2,118
Treasury Stock	-161.66	-161.66	-161.66	-	-	-
Comprehensive Income & Other	-10.73	-7.68	-2.81	-5	-4.52	-18.69
Total Common Equity	5,804	5,686	5,515	5,448	4,880	4,146
Minority Interest	-28.17	-26.6	-21.89	81.91	114.16	118.33
Shareholders' Equity	5,776	5,660	5,493	5,530	4,994	4,265
Total Liabilities & Equity	9,066	9,016	8,072	7,058	6,330	5,559
Total Debt	1,695	1,697	1,315	426.43	151.73	29.59
Net Cash (Debt)	-181.74	66.95	69.73	663.82	1,225	1,919
Net Cash Growth	-	-3.99%	-89.50%	-45.80%	-36.19%	29.23%
Net Cash Per Share	-0.22	0.08	0.08	0.80	1.48	2.31
Filing Date Shares Outstanding	825	825	825	831.35	829.36	829.36
Total Common Shares Outstanding	825	825	825	831.35	829.36	829.36
Working Capital	1,998	2,149	2,755	2,730	2,664	2,534
Book Value Per Share	7.04	6.89	6.68	6.55	5.88	5.00
Tangible Book Value	5,415	5,360	5,179	5,208	4,649	3,913
Tangible Book Value Per Share	6.56	6.50	6.28	6.26	5.61	4.72
Buildings	-	1,117	1,018	839.51	517.35	514.64
Machinery	-	4,413	3,469	2,380	2,030	1,834
Construction In Progress	-	189.92	518.2	1,053	957.24	450.45

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