SHE:300772 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	8,968	9,305	6,840	5,335	6,301	4,836
Cash & Short-Term Investments	8,968	9,305	6,840	5,335	6,301	4,836
Cash Growth	19.05%	36.04%	28.21%	-15.34%	30.31%	38.18%
Accounts Receivable	14,892	13,576	10,413	9,262	7,789	7,398
Other Receivables	246.22	317.83	270.99	235.46	177.08	58.47
Receivables	15,138	13,894	10,684	9,498	7,966	7,456
Inventory	7,670	8,813	5,997	7,207	5,916	6,163
Other Current Assets	2,111	1,764	1,679	1,251	771.2	472.04
Total Current Assets	33,888	33,776	25,199	23,291	20,955	18,927
Property, Plant & Equipment	9,186	8,659	5,232	4,667	3,508	2,614
Long-Term Investments	1,592	1,331	1,182	807.44	219	312.64
Other Intangible Assets	491.44	446.92	309.01	201.98	164.08	99.02
Long-Term Accounts Receivable	-	7,859	5,634	4,558	3,336	2,502
Long-Term Deferred Tax Assets	866.46	860.59	740.57	624.07	514.44	335.8
Long-Term Deferred Charges	5.09	5.29	8.68	8.5	6.68	5.1
Other Long-Term Assets	8,766	547.2	363.35	299.16	283.31	38.7
Total Assets	54,794	53,485	38,669	34,458	28,986	24,834
Accounts Payable	23,757	25,813	17,570	18,009	15,810	15,198
Accrued Expenses	14.86	1,191	206.79	234.17	274.96	358.46
Short-Term Debt	535.9	451.43	1,284	246.23	813.01	74.13
Current Portion of Long-Term Debt	1,874	762.13	199.73	154.97	248.98	15.02
Current Portion of Leases	-	42.31	33.97	90.99	15.33	7.02
Current Income Taxes Payable	59.72	45.66	92.82	82.27	125.96	114.49
Current Unearned Revenue	8,811	7,880	6,861	5,091	2,825	3,327
Other Current Liabilities	2,087	1,925	1,540	1,189	691.56	584.62
Total Current Liabilities	37,139	38,111	27,788	25,098	20,805	19,679
Long-Term Debt	5,002	3,866	1,877	1,394	966.72	578.61
Long-Term Leases	162.99	163.93	96.07	291.58	291.67	295.27
Long-Term Unearned Revenue	116.03	112.17	96.06	73.9	72.34	71.97
Long-Term Deferred Tax Liabilities	0.42	-	0.01	1.46	0.87	-
Other Long-Term Liabilities	2,986	2,888	3,007	2,302	1,888	1,312
Total Liabilities	45,406	45,141	32,864	29,160	24,025	21,937
Common Stock	786.85	786.85	701.77	702.08	702.08	338.99
Additional Paid-In Capital	3,048	3,048	2,435	2,431	2,415	1,287
Retained Earnings	2,891	2,843	2,550	2,120	1,777	1,246
Treasury Stock	-	-	-17.36	-36.8	-61.33	-61.94
Comprehensive Income & Other	2,508	1,507	7.28	28.63	21.38	0.14
Total Common Equity	9,234	8,185	5,677	5,245	4,854	2,811
Minority Interest	153.38	158.03	128.3	52.4	106.02	87.01
Shareholders' Equity	9,388	8,343	5,806	5,298	4,960	2,898
Total Liabilities & Equity	54,794	53,485	38,669	34,458	28,986	24,834
Total Debt	7,575	5,286	3,490	2,178	2,336	970.05
Net Cash (Debt)	1,393	4,019	3,350	3,157	3,966	3,866
Net Cash Growth	-60.01%	19.97%	6.11%	-20.39%	2.58%	37.93%
Net Cash Per Share	1.80	5.20	4.83	4.57	6.43	6.66
Filing Date Shares Outstanding	786.24	786.85	681.41	702.08	702.08	542.38
Total Common Shares Outstanding	786.24	786.85	681.41	702.08	702.08	542.38
Working Capital	-3,251	-4,335	-2,589	-1,806	149.28	-752.08
Book Value Per Share	11.74	8.50	8.33	7.47	6.91	5.18
Tangible Book Value	8,743	7,738	5,368	5,043	4,690	2,712
Tangible Book Value Per Share	11.12	7.93	7.88	7.18	6.68	5.00
Buildings	-	1,122	851.54	697.29	569.84	444.94
Machinery	-	4,863	3,278	2,705	2,495	1,981
Construction In Progress	-	3,540	1,845	1,731	870.93	510.62

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