SHE:300765 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	628.5	772.17	872.08	3,770	2,196	1,244
Short-Term Investments	-	208.35	355.53	-	-	-
Trading Asset Securities	350.3	385.39	470.09	-	-	413.59
Cash & Short-Term Investments	978.8	1,366	1,698	3,770	2,196	1,658
Cash Growth	-24.64%	-19.54%	-54.97%	71.71%	32.43%	13.51%
Accounts Receivable	817.92	693.47	559.76	560.78	716.75	508.94
Other Receivables	16.7	10.69	2.05	1.55	1.56	1.37
Receivables	834.62	704.16	561.81	562.32	718.31	510.31
Inventory	457.12	497.8	398.67	224.82	238.13	262
Other Current Assets	499.47	285.28	144.22	60.29	38.47	56.92
Total Current Assets	2,770	2,853	2,802	4,618	3,191	2,487
Property, Plant & Equipment	2,901	2,800	2,668	2,312	1,055	926.42
Long-Term Investments	253.02	259.22	264.45	267.07	253.49	243.19
Other Intangible Assets	217.25	218.85	225.21	231.59	50.42	52.81
Long-Term Deferred Tax Assets	18.48	21.83	21.61	17.36	18.88	12.5
Other Long-Term Assets	50.01	123.03	40.29	26.33	15.9	19.06
Total Assets	6,210	6,276	6,022	7,472	4,584	3,741
Accounts Payable	715.62	721.62	396.21	1,264	178.75	129.17
Accrued Expenses	31.77	58.12	32.22	66.11	66.24	54.57
Short-Term Debt	-	3.2	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.22	-
Current Portion of Leases	0.8	0.79	0.84	0.81	-	0.84
Current Income Taxes Payable	5.3	7.3	17.15	28.36	34.77	14.95
Current Unearned Revenue	23.1	26.09	18.68	19.8	68.26	30.37
Other Current Liabilities	1,995	1,892	969.18	524.42	234.52	178.75
Total Current Liabilities	2,772	2,709	1,434	1,904	582.77	408.64
Long-Term Debt	10	-	-	-	19.8	-
Long-Term Leases	1.68	1.66	-	0.84	-	-
Long-Term Unearned Revenue	221.41	239.92	90.49	84.16	37.21	34.27
Long-Term Deferred Tax Liabilities	2.06	1.87	1.4	0.02	0.06	0.67
Other Long-Term Liabilities	532.43	528.46	-	-	-	-
Total Liabilities	3,540	3,481	1,526	1,989	639.84	443.58
Common Stock	1,405	1,405	1,405	1,171	618.93	546
Additional Paid-In Capital	187.02	181.28	977.27	2,125	1,138	1,211
Retained Earnings	1,304	1,398	1,667	1,988	2,177	1,533
Treasury Stock	-321.03	-321.03	-321.03	-4.25	-	-
Comprehensive Income & Other	2.07	4.26	2.5	1.98	0.72	-1.2
Total Common Equity	2,577	2,667	3,731	5,281	3,936	3,289
Minority Interest	93.35	127.92	765.39	202.45	8.59	8.26
Shareholders' Equity	2,670	2,795	4,496	5,483	3,944	3,298
Total Liabilities & Equity	6,210	6,276	6,022	7,472	4,584	3,741
Total Debt	12.47	5.65	0.84	1.65	20.02	0.84
Net Cash (Debt)	966.33	1,360	1,697	3,769	2,176	1,657
Net Cash Growth	-25.56%	-19.84%	-54.97%	73.21%	31.29%	13.45%
Net Cash Per Share	0.69	0.98	1.21	2.70	1.63	1.24
Filing Date Shares Outstanding	1,393	1,393	1,393	1,405	1,337	1,179
Total Common Shares Outstanding	1,393	1,393	1,393	1,405	1,337	1,179
Working Capital	-2.04	144.01	1,368	2,714	2,608	2,079
Book Value Per Share	1.85	1.92	2.68	3.76	2.94	2.79
Tangible Book Value	2,360	2,448	3,505	5,049	3,885	3,237
Tangible Book Value Per Share	1.69	1.76	2.52	3.59	2.91	2.74
Buildings	-	1,188	1,020	973.56	609.24	430.75
Machinery	-	2,027	1,939	1,821	925.79	701.65
Construction In Progress	-	681.25	620.23	228.71	70.74	294.97

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