SHE:300726 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	153.48	499.38	645.14	576.18	516.76	1,243
Trading Asset Securities	1,466	1,167	980.57	745.54	683.43	54.32
Cash & Short-Term Investments	1,620	1,667	1,626	1,322	1,200	1,297
Cash Growth	-1.55%	2.53%	23.00%	10.13%	-7.48%	471.77%
Accounts Receivable	2,286	2,317	1,948	1,957	2,163	1,804
Other Receivables	28.88	8.17	33.39	48.91	29.78	23.73
Receivables	2,315	2,325	1,982	2,006	2,193	1,827
Inventory	866.74	816.23	930.23	1,026	1,121	828.7
Other Current Assets	103.68	92.75	91.78	66.34	59.54	61.78
Total Current Assets	4,905	4,901	4,629	4,420	4,574	4,015
Property, Plant & Equipment	716.62	704.41	789.48	925.56	857.64	652.11
Long-Term Investments	273.16	265.27	211.16	195.87	90.44	48.34
Other Intangible Assets	29.01	29.75	31.62	32.92	35.17	34.29
Long-Term Deferred Tax Assets	83.38	85.63	67.32	81.71	56.33	34.77
Long-Term Deferred Charges	10.03	12.56	20.42	25.76	35.11	28.48
Other Long-Term Assets	123.94	151.29	151.68	83.24	107.72	94.94
Total Assets	6,141	6,150	5,901	5,765	5,756	4,908
Accounts Payable	262.43	342.08	350.04	347.95	573.51	385.58
Accrued Expenses	84.39	111.36	74.71	71.76	91.74	110.84
Short-Term Debt	-	-	10	12	15	15
Current Portion of Leases	1.45	1.51	1.22	1.38	1.5	0.98
Current Income Taxes Payable	29.86	30.26	10.63	24.48	45.53	50.79
Current Unearned Revenue	18.57	23.43	30.18	31.15	40.61	40.53
Other Current Liabilities	12.48	14.46	12.35	11.6	9.68	8.76
Total Current Liabilities	409.2	523.1	489.14	500.31	777.57	612.49
Long-Term Leases	0.41	0.71	1.91	2.15	3.2	2.09
Long-Term Unearned Revenue	114.45	123.12	152.51	192.78	251.92	272.09
Long-Term Deferred Tax Liabilities	4.23	4.27	23.07	23.95	18.23	-
Total Liabilities	528.27	651.21	666.63	719.2	1,051	886.67
Common Stock	411.84	411.84	411.84	411.84	411.84	411.84
Additional Paid-In Capital	1,718	1,719	1,687	1,689	1,637	1,650
Retained Earnings	3,075	2,981	2,827	2,671	2,405	1,800
Total Common Equity	5,204	5,111	4,925	4,771	4,454	3,862
Minority Interest	408.74	387.13	309.57	274.71	251.72	158.82
Shareholders' Equity	5,613	5,498	5,234	5,046	4,705	4,021
Total Liabilities & Equity	6,141	6,150	5,901	5,765	5,756	4,908
Total Debt	1.86	2.22	13.13	15.53	19.7	18.07
Net Cash (Debt)	1,618	1,665	1,613	1,306	1,180	1,279
Net Cash Growth	-1.45%	3.23%	23.46%	10.65%	-7.71%	477.81%
Net Cash Per Share	3.93	4.04	3.92	3.17	2.87	3.20
Filing Date Shares Outstanding	411.84	411.84	411.84	411.84	411.84	411.84
Total Common Shares Outstanding	411.84	411.84	411.84	411.84	411.84	411.84
Working Capital	4,496	4,378	4,140	3,920	3,796	3,403
Book Value Per Share	12.64	12.41	11.96	11.59	10.81	9.38
Tangible Book Value	5,175	5,081	4,893	4,739	4,418	3,828
Tangible Book Value Per Share	12.57	12.34	11.88	11.51	10.73	9.30
Buildings	-	599.73	585.06	653.52	323.27	162.82
Machinery	-	810.1	767.18	710.12	603.33	421.9
Construction In Progress	-	12.14	26.07	14.55	258.42	302.92

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.