SHE:300729 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	1,482	2,170	2,540	1,652	1,628	1,505
Trading Asset Securities	62.41	74.86	66.45	245.2	369.82	60.39
Cash & Short-Term Investments	1,545	2,245	2,607	1,897	1,998	1,566
Cash Growth	-37.03%	-13.90%	37.40%	-5.03%	27.60%	68.03%
Accounts Receivable	361.84	403.12	511.93	258.75	189.02	201.89
Other Receivables	63	58.14	190.88	92.98	57.5	34.32
Receivables	424.85	461.26	702.81	351.73	246.52	236.21
Inventory	575.85	586.45	567.03	459.73	489.59	512.56
Prepaid Expenses	-	-	175.02	99.72	70.11	29.7
Other Current Assets	453.05	245.95	91.33	97.77	348.33	38.91
Total Current Assets	2,999	3,538	4,143	2,906	3,152	2,383
Property, Plant & Equipment	6,061	6,190	5,483	3,465	2,413	1,123
Long-Term Investments	74	74.11	72.89	65.28	51.9	29.23
Other Intangible Assets	261.62	266.32	272.93	274.6	238.59	225.45
Long-Term Accounts Receivable	-	-	-	3.96	8.33	10.07
Long-Term Deferred Tax Assets	33.67	39.21	29.47	32.36	26.68	27.6
Long-Term Deferred Charges	15.69	14.42	12.41	11.51	17.65	19.81
Other Long-Term Assets	122.14	129.43	137.2	38.86	80.28	213.45
Total Assets	9,567	10,251	10,151	6,798	5,989	4,032
Accounts Payable	621.9	833.48	835.18	628.53	507.25	525.37
Accrued Expenses	64.35	86.39	151.34	121.49	102.37	96.38
Short-Term Debt	250.15	490.12	584.67	580.04	902.31	629.25
Current Portion of Long-Term Debt	805.75	828.31	231.78	77.98	56.49	127.42
Current Portion of Leases	-	-	283.54	124.36	111.06	60.98
Current Income Taxes Payable	84.95	90.82	25.06	16.8	38.4	9.45
Current Unearned Revenue	73.08	96.79	81.76	66.93	56.37	77.39
Other Current Liabilities	129.87	267.78	349.14	70.13	40.3	16.62
Total Current Liabilities	2,030	2,694	2,542	1,686	1,815	1,543
Long-Term Debt	1,334	1,191	1,046	904.78	700.72	392
Long-Term Leases	2,432	2,549	2,801	1,035	973.06	175.28
Long-Term Unearned Revenue	32.75	33.64	35.33	40.96	22.54	3.99
Long-Term Deferred Tax Liabilities	42.57	52.17	64.5	87.72	25.26	12.57
Other Long-Term Liabilities	2.26	2.26	9.11	5.82	-	-
Total Liabilities	5,874	6,522	6,498	3,761	3,536	2,127
Common Stock	341.61	341.61	341.31	312.45	239.16	220.72
Additional Paid-In Capital	1,582	1,582	1,585	1,199	1,247	956.3
Retained Earnings	1,833	1,832	1,675	1,464	913.91	739.32
Comprehensive Income & Other	-62.96	-25.94	52.3	62.08	52.24	-10.99
Total Common Equity	3,693	3,729	3,653	3,037	2,453	1,905
Minority Interest	0.01	0	0.01	0.01	0.02	0
Shareholders' Equity	3,693	3,729	3,653	3,037	2,453	1,905
Total Liabilities & Equity	9,567	10,251	10,151	6,798	5,989	4,032
Total Debt	4,822	5,059	4,947	2,722	2,744	1,385
Net Cash (Debt)	-3,278	-2,814	-2,340	-825.06	-745.8	180.79
Net Cash Per Share	-9.66	-8.24	-7.31	-2.63	-2.39	0.64
Filing Date Shares Outstanding	336.05	341.31	341.31	312.45	311.01	286.93
Total Common Shares Outstanding	336.05	341.31	341.31	312.45	310.91	286.93
Working Capital	968.56	844.65	1,601	1,220	1,338	840.24
Book Value Per Share	10.99	10.93	10.70	9.72	7.89	6.64
Tangible Book Value	3,431	3,463	3,380	2,762	2,214	1,680
Tangible Book Value Per Share	10.21	10.15	9.90	8.84	7.12	5.85
Land	-	-	1,124	936.52	325.21	105.49
Buildings	-	-	945.83	517.93	321.34	545.71
Machinery	-	-	696.95	729.76	430.72	367.91
Construction In Progress	-	-	167.66	452.01	510.54	63.91

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