SHE:300737 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	2,138	2,319	3,416	2,329	2,334	2,189
Short-Term Investments	-	-	-	-	330	330
Trading Asset Securities	395.49	339.93	266.58	1,448	74.01	0.05
Cash & Short-Term Investments	2,534	2,659	3,683	3,777	2,738	2,519
Cash Growth	-30.08%	-27.79%	-2.49%	37.96%	8.66%	53.87%
Accounts Receivable	4,164	4,168	4,959	4,730	5,607	4,726
Other Receivables	320.07	339.67	338.39	403.67	286.87	279.69
Receivables	4,484	4,507	5,297	5,134	5,893	5,005
Inventory	421.82	424.17	501.98	441.92	554.36	403.83
Prepaid Expenses	-	0.19	0.06	0.13	14.09	0.01
Other Current Assets	485.72	396.88	438.22	462.47	293.7	304.45
Total Current Assets	7,926	7,988	9,920	9,815	9,493	8,233
Property, Plant & Equipment	2,279	2,324	2,537	2,453	2,155	1,967
Long-Term Investments	152.39	249.78	202.46	521.97	172.49	191.23
Goodwill	22.95	22.95	22.95	15.64	101.1	-
Other Intangible Assets	259.96	263.67	276.06	174.85	288.3	144.34
Long-Term Accounts Receivable	-	83.84	88.74	52.82	63.95	-
Long-Term Deferred Tax Assets	507.78	502.85	409.05	351.21	219.04	175.11
Long-Term Deferred Charges	0.79	0.95	1.45	1.66	2.46	1.74
Other Long-Term Assets	1,197	963.83	687.12	393.91	143.95	76.61
Total Assets	12,345	12,400	14,145	13,781	12,640	10,789
Accounts Payable	2,498	2,473	3,214	3,198	3,615	3,425
Accrued Expenses	59.9	230.26	257.54	176.69	171.47	177.47
Short-Term Debt	1,314	1,488	1,378	1,516	1,162	595.52
Current Portion of Long-Term Debt	129.84	406.9	288.4	328.98	514.76	82.11
Current Portion of Leases	-	11	24.24	11.21	26.15	8.59
Current Income Taxes Payable	63.74	14.22	34.84	22.73	24	42.54
Current Unearned Revenue	478.92	521.09	483.8	370.91	389.81	342.36
Other Current Liabilities	576.65	547.59	455.41	337.6	205.73	184.83
Total Current Liabilities	5,120	5,692	6,136	5,961	6,109	4,858
Long-Term Debt	2,884	2,436	2,730	2,489	708.49	856.59
Long-Term Leases	33.76	30.97	20.89	23.41	47.35	10.03
Long-Term Unearned Revenue	33.9	35.17	41.66	44.86	44.66	31.79
Long-Term Deferred Tax Liabilities	35.87	36.51	39.06	33.06	14.93	0
Other Long-Term Liabilities	117.2	117.13	109.32	113.45	97.58	65.09
Total Liabilities	8,225	8,348	9,078	8,665	7,022	5,822
Common Stock	1,110	1,110	1,110	1,177	1,181	1,151
Additional Paid-In Capital	1,576	1,576	1,662	2,014	2,072	1,681
Retained Earnings	1,248	1,184	2,108	2,114	2,510	2,322
Treasury Stock	-	-	-	-231.67	-133.4	-134.46
Comprehensive Income & Other	107.06	98.28	102.67	-40.39	-12.74	-52.01
Total Common Equity	4,041	3,969	4,982	5,034	5,617	4,968
Minority Interest	79.51	83.28	84.58	81.32	1.03	-
Shareholders' Equity	4,121	4,052	5,067	5,115	5,618	4,968
Total Liabilities & Equity	12,345	12,400	14,145	13,781	12,640	10,789
Total Debt	4,361	4,373	4,441	4,368	2,459	1,553
Net Cash (Debt)	-1,827	-1,713	-758.84	-591.75	278.88	966.58
Net Cash Growth	-	-	-	-	-71.15%	51.59%
Net Cash Per Share	-1.62	-1.54	-0.86	-0.51	0.23	0.85
Filing Date Shares Outstanding	1,110	1,110	1,110	1,143	1,279	1,091
Total Common Shares Outstanding	1,110	1,110	1,110	1,143	1,279	1,091
Working Capital	2,805	2,295	3,784	3,854	3,385	3,375
Book Value Per Share	3.64	3.58	4.49	4.40	4.39	4.56
Tangible Book Value	3,758	3,682	4,683	4,843	5,228	4,824
Tangible Book Value Per Share	3.39	3.32	4.22	4.24	4.09	4.42
Buildings	-	1,731	1,706	1,554	1,016	859.7
Machinery	-	1,691	1,695	1,595	1,500	1,209
Construction In Progress	-	65.26	98.5	40.39	159.05	266.39

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