SHE:300741 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	1,569	1,924	4,089	1,272	3,645	2,280
Trading Asset Securities	3,050	2,733	706.89	3,619	1,638	3,022
Cash & Short-Term Investments	4,619	4,658	4,796	4,890	5,282	5,303
Cash Growth	-1.92%	-2.89%	-1.92%	-7.42%	-0.38%	-1.42%
Accounts Receivable	443.64	425	378.12	413.89	675.82	483.13
Other Receivables	42.23	36.33	38.51	51.32	21.87	18.41
Receivables	485.87	461.33	416.64	465.21	697.68	501.54
Inventory	423.57	415.62	414.9	486.26	502.5	426.52
Other Current Assets	60.69	60.14	52.44	63.91	76.88	64.24
Total Current Assets	5,589	5,595	5,680	5,906	6,559	6,295
Property, Plant & Equipment	558.77	548.33	560.08	581.13	598.46	351.4
Long-Term Investments	89.39	88.91	147.92	203.51	278.37	356.95
Goodwill	718.34	718.34	689.67	1,195	1,200	1,195
Other Intangible Assets	192.41	196.25	155	158.75	165.46	60.4
Long-Term Deferred Tax Assets	129.22	131.86	119.27	95.53	75.48	71.7
Long-Term Deferred Charges	15.17	16.72	24.07	13.71	35.98	12.7
Other Long-Term Assets	65	49.92	60.8	82.59	97.01	49.27
Total Assets	7,357	7,345	7,437	8,236	9,010	8,392
Accounts Payable	174.53	155.2	150.78	129.33	171.16	136.64
Accrued Expenses	25.79	118.22	98.87	79.7	102.37	135.66
Short-Term Debt	51.9	51.9	91	272	490	-
Current Portion of Long-Term Debt	4.65	-	36	-	15	-
Current Portion of Leases	-	5.93	8.29	7.09	12.87	9.9
Current Income Taxes Payable	81.85	71.6	72.22	139.1	173.61	205.72
Current Unearned Revenue	6.68	6.45	4.85	7.61	4.5	2.95
Other Current Liabilities	39.53	28.68	44.83	35.63	111.32	41.79
Total Current Liabilities	384.93	437.98	506.84	670.46	1,081	532.66
Long-Term Debt	-	-	-	36	-	-
Long-Term Leases	1.39	1.4	2.8	6.39	22.31	14.83
Long-Term Deferred Tax Liabilities	16.56	16.89	8.87	17.57	23.68	4.74
Other Long-Term Liabilities	-	-	-	147.66	131.84	-
Total Liabilities	402.87	456.27	518.52	878.07	1,259	552.23
Common Stock	615.88	615.88	615.88	615.88	615.88	615.88
Additional Paid-In Capital	4,724	4,706	4,712	4,508	4,508	4,636
Retained Earnings	1,489	1,445	1,423	2,039	2,399	2,487
Comprehensive Income & Other	6.99	21.22	35.3	24.16	17.02	-31.82
Total Common Equity	6,836	6,788	6,786	7,188	7,540	7,707
Minority Interest	118.07	100.99	132.72	169.9	211.22	132.55
Shareholders' Equity	6,955	6,889	6,919	7,357	7,752	7,840
Total Liabilities & Equity	7,357	7,345	7,437	8,236	9,010	8,392
Total Debt	57.94	59.22	138.1	321.47	540.18	24.73
Net Cash (Debt)	4,561	4,598	4,658	4,569	4,742	5,278
Net Cash Growth	-1.54%	-1.28%	1.96%	-3.65%	-10.15%	-1.36%
Net Cash Per Share	7.53	7.68	7.55	7.47	7.72	8.57
Filing Date Shares Outstanding	637.42	615.88	615.88	615.88	615.88	615.88
Total Common Shares Outstanding	637.42	615.88	615.88	615.88	615.88	615.88
Working Capital	5,204	5,157	5,173	5,235	5,479	5,762
Book Value Per Share	10.73	11.02	11.02	11.67	12.24	12.51
Tangible Book Value	5,926	5,873	5,941	5,834	6,175	6,452
Tangible Book Value Per Share	9.30	9.54	9.65	9.47	10.03	10.48
Buildings	-	583.47	552.88	518.91	372.32	381.05
Machinery	-	346.9	339.57	340.47	311.92	271.61
Construction In Progress	-	21.07	8.59	18.02	121.64	61.57

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