SHE:300751 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	5,453	4,577	4,791	3,322	3,546	2,691
Trading Asset Securities	1,789	1,071	420	930	974	1,692
Cash & Short-Term Investments	7,242	5,647	5,211	4,252	4,520	4,382
Cash Growth	47.97%	8.36%	22.56%	-5.93%	3.14%	474.36%
Accounts Receivable	3,840	4,206	4,087	3,357	2,239	1,496
Other Receivables	40.51	109.14	214.65	397	125.65	99.48
Receivables	3,880	4,315	4,301	3,754	2,365	1,595
Inventory	6,104	6,114	8,923	10,781	5,330	2,808
Prepaid Expenses	-	-	-	1.09	1.74	35.45
Other Current Assets	420.42	255.35	586.81	715.31	643.77	190.41
Total Current Assets	17,647	16,331	19,022	19,503	12,860	9,012
Property, Plant & Equipment	3,390	3,433	3,210	2,218	725.72	422.88
Long-Term Investments	114.41	1,025	1,002	919.64	418.91	133.43
Other Intangible Assets	308.22	302.1	277.36	270.55	188.29	39.05
Long-Term Deferred Tax Assets	348.61	300.64	211.57	96	105.24	125.34
Long-Term Deferred Charges	181.08	129.76	49.83	59.48	42.01	14.18
Other Long-Term Assets	1,123	23.93	64.9	149.82	188.69	29.24
Total Assets	23,113	21,546	23,838	23,217	14,529	9,776
Accounts Payable	2,212	2,453	3,347	4,822	2,996	1,196
Accrued Expenses	75.93	405.23	330.43	430.69	247.92	180.66
Short-Term Debt	140.21	320.67	1,044	416.47	201	-
Current Portion of Long-Term Debt	1,464	1,120	881.75	160.13	20	-
Current Portion of Leases	-	2.19	1.11	17.17	8.56	8.99
Current Income Taxes Payable	184.27	104.3	98.33	58.53	3.21	11.22
Current Unearned Revenue	5,941	4,316	8,200	8,455	4,306	2,405
Other Current Liabilities	389.1	162.58	233.55	847.86	139.85	82.58
Total Current Liabilities	10,406	8,885	14,136	15,208	7,923	3,884
Long-Term Debt	4,476	4,519	1,959	811.02	80	-
Long-Term Leases	0.76	1.08	0.91	4.87	4.22	9.95
Long-Term Unearned Revenue	173.01	176.26	150.88	100.8	41.09	11.87
Long-Term Deferred Tax Liabilities	0.58	5.62	0.43	3.76	2.33	-
Other Long-Term Liabilities	67.39	71.02	63.23	30.91	49.13	24.83
Total Liabilities	15,124	13,657	16,311	16,160	8,100	3,931
Common Stock	279.41	279.41	279.41	279.06	174.07	108.1
Additional Paid-In Capital	4,147	-	-	4,166	-	4,280
Retained Earnings	3,850	3,732	3,316	2,836	2,183	1,483
Treasury Stock	-227.73	-227.73	-227.73	-162.53	-162.53	-
Comprehensive Income & Other	-	4,145	4,183	-	4,257	-
Total Common Equity	8,048	7,929	7,551	7,119	6,452	5,872
Minority Interest	-58.79	-39.9	-24.42	-62.11	-22.72	-26.8
Shareholders' Equity	7,989	7,889	7,526	7,057	6,429	5,845
Total Liabilities & Equity	23,113	21,546	23,838	23,217	14,529	9,776
Total Debt	6,081	5,963	3,887	1,410	313.78	18.94
Net Cash (Debt)	1,161	-315.52	1,325	2,842	4,206	4,363
Net Cash Growth	38.11%	-	-53.40%	-32.42%	-3.60%	629.67%
Net Cash Per Share	4.17	-	4.75	10.20	15.03	16.29
Filing Date Shares Outstanding	278.4	-	278.4	278.66	277.71	276.73
Total Common Shares Outstanding	278.4	-	278.4	278.56	277.71	276.73
Working Capital	7,241	7,447	4,886	4,294	4,937	5,127
Book Value Per Share	28.91	-	27.12	25.56	23.23	21.22
Tangible Book Value	7,740	7,627	7,273	6,849	6,264	5,833
Tangible Book Value Per Share	27.80	-	26.13	24.59	22.56	21.08
Buildings	-	2,417	2,010	544.72	298.32	252.07
Machinery	-	1,238	1,006	488.12	255.03	192.4
Construction In Progress	-	287.83	489.88	1,320	247.85	8.03

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