SHE:300724 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	3,357	1,861	4,069	5,230	4,028	3,993
Short-Term Investments	-	917.88	520.53	1,926	185.77	67.39
Trading Asset Securities	6,455	7,331	6,211	1,506	1,434	98.58
Cash & Short-Term Investments	9,812	10,110	10,801	8,661	5,647	4,159
Cash Growth	-6.96%	-6.40%	24.71%	53.37%	35.80%	168.64%
Accounts Receivable	5,741	5,905	5,923	5,936	4,434	3,273
Other Receivables	48.83	9.83	12.61	-9.76	12.08	6.75
Receivables	5,790	5,915	5,935	5,926	4,446	3,280
Inventory	5,714	5,553	14,007	21,282	7,068	4,033
Prepaid Expenses	-	0.07	0.14	0.15	0.3	0.44
Other Current Assets	1,135	151.16	137.05	1,006	393.22	179.99
Total Current Assets	22,451	21,729	30,881	36,876	17,555	11,652
Property, Plant & Equipment	1,349	1,400	1,247	960.68	693.75	380.55
Long-Term Investments	836.63	835.67	636.31	792.24	454.9	328.03
Other Intangible Assets	205.67	207.19	217.02	154.36	149.61	155.07
Long-Term Accounts Receivable	-	47.98	144.02	-	34.71	-
Long-Term Deferred Tax Assets	573.81	574.42	485.06	273.02	166.13	120.01
Long-Term Deferred Charges	28.29	30.01	3.61	12.22	6.49	4.69
Other Long-Term Assets	83.22	21.84	16.64	65.25	75.3	142.44
Total Assets	25,528	24,846	33,630	39,134	19,136	12,783
Accounts Payable	5,769	5,434	7,800	10,692	4,998	2,250
Accrued Expenses	274.71	370.06	404.59	321.11	209.78	122.9
Short-Term Debt	151.19	1.1	0.02	51.03	314.22	41.91
Current Portion of Long-Term Debt	380.19	376.18	186.16	32.2	-	-
Current Portion of Leases	-	7.54	7.56	42.63	3.93	2.06
Current Income Taxes Payable	83.52	42.55	347.06	133.16	30.01	28.64
Current Unearned Revenue	4,590	4,610	13,107	18,111	5,812	3,749
Other Current Liabilities	337.64	346.78	555.22	681.51	511.17	343.94
Total Current Liabilities	11,586	11,188	22,407	30,064	11,879	6,538
Long-Term Debt	279.43	267.35	75	261	-	-
Long-Term Leases	-	-	-	8.78	0.95	1.55
Long-Term Unearned Revenue	57.88	55.93	59.4	45.86	17.71	8.85
Long-Term Deferred Tax Liabilities	-	-	-	-	0.72	0.34
Other Long-Term Liabilities	-	-	-	2.38	34.15	30.31
Total Liabilities	11,924	11,511	22,541	30,382	11,932	6,579
Common Stock	348.29	348.29	347.72	348.18	348.23	348.28
Additional Paid-In Capital	3,747	3,746	3,704	3,701	3,671	3,663
Retained Earnings	9,573	9,303	7,102	4,755	3,192	2,207
Treasury Stock	-65.98	-65.98	-65.98	-64.81	-7.65	-15.29
Comprehensive Income & Other	-1.59	0.42	-0.83	-0.75	-0.59	-0.44
Total Common Equity	13,601	13,332	11,087	8,739	7,203	6,202
Minority Interest	2.98	2.67	2.04	12.13	0.8	1.18
Shareholders' Equity	13,604	13,335	11,089	8,751	7,203	6,204
Total Liabilities & Equity	25,528	24,846	33,630	39,134	19,136	12,783
Total Debt	810.81	652.17	268.75	395.64	319.1	45.51
Net Cash (Debt)	9,001	9,458	10,533	8,266	5,328	4,113
Net Cash Growth	-13.91%	-10.20%	27.43%	55.13%	29.54%	209.93%
Net Cash Per Share	25.88	27.18	30.26	23.73	15.32	12.15
Filing Date Shares Outstanding	347.45	347.45	346.88	348.18	348.23	348.28
Total Common Shares Outstanding	347.45	347.45	346.88	348.18	348.23	348.28
Working Capital	10,864	10,541	8,474	6,812	5,676	5,114
Book Value Per Share	39.15	38.37	31.96	25.10	20.68	17.81
Tangible Book Value	13,395	13,125	10,870	8,585	7,053	6,047
Tangible Book Value Per Share	38.55	37.77	31.34	24.66	20.25	17.36
Buildings	-	803.17	797.04	633.75	270.56	253.81
Machinery	-	353.98	333.88	295.99	216.92	105.37
Construction In Progress	-	460.13	224.57	30.19	200.92	47.47

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