SHE:300775 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	2,068	2,145	2,675	3,170	3,169	1,373
Short-Term Investments	-	100	-	-	-	-
Trading Asset Securities	699.7	474.48	499.4	-	19.72	81.36
Cash & Short-Term Investments	2,768	2,720	3,174	3,170	3,189	1,455
Cash Growth	-9.80%	-14.33%	0.15%	-0.61%	119.24%	295.80%
Accounts Receivable	1,497	1,401	2,028	2,041	1,317	719.96
Other Receivables	3.02	2.88	2.9	42.33	0.67	0.52
Receivables	1,500	2,017	2,036	2,087	1,320	720.91
Inventory	997.97	1,043	943.45	1,095	1,180	1,020
Prepaid Expenses	-	29.12	36.64	0.01	0.05	0
Other Current Assets	373.98	78.43	115.09	55.54	22.91	50.41
Total Current Assets	5,641	5,887	6,305	6,408	5,712	3,246
Property, Plant & Equipment	1,893	1,899	1,875	1,193	917.33	736.14
Long-Term Investments	484.42	483.07	757.86	308.14	-	-
Other Intangible Assets	58.8	57.53	58.54	99.56	100.67	61.59
Long-Term Deferred Tax Assets	39.19	35.19	36.93	29.12	22.38	13.36
Long-Term Deferred Charges	16.22	17.58	5.03	1.15	1.39	1.7
Other Long-Term Assets	434.3	124.74	93.65	212.58	202.37	70.93
Total Assets	8,567	8,521	9,152	8,270	6,971	4,131
Accounts Payable	1,322	1,290	1,227	1,336	1,155	733.63
Accrued Expenses	7.2	31.32	24.65	20.18	16.89	13.27
Short-Term Debt	-	-	1,008	418.35	-	-
Current Portion of Long-Term Debt	-	-	15.52	0.22	-	-
Current Portion of Leases	4.23	6.41	3.74	-	-	-
Current Income Taxes Payable	17.42	7.22	3.17	17.62	13.6	31
Current Unearned Revenue	15.21	15.17	10.64	0.58	0.85	6.35
Other Current Liabilities	1.48	2.56	54.6	76.2	181.98	55.63
Total Current Liabilities	1,367	1,352	2,347	1,870	1,368	839.88
Long-Term Debt	975.59	959.93	910.35	863.72	813.4	762.05
Long-Term Leases	7.9	7.82	12.01	-	-	-
Long-Term Unearned Revenue	159.14	159.33	115.62	97.58	81.57	72.17
Long-Term Deferred Tax Liabilities	9.7	10.43	11.13	6.15	6.3	-
Other Long-Term Liabilities	0.26	0.21	0.23	0.2	0.2	0.56
Total Liabilities	2,520	2,490	3,396	2,837	2,269	1,675
Common Stock	547.55	547.55	550.24	550.24	549.29	495.52
Additional Paid-In Capital	2,454	2,450	2,494	2,496	2,466	773.66
Retained Earnings	2,888	2,861	2,581	2,301	1,609	1,029
Treasury Stock	-	-	-34.28	-72.69	-80.67	-
Comprehensive Income & Other	157.79	172.53	164.88	157.88	157.94	158.45
Shareholders' Equity	6,047	6,031	5,756	5,433	4,701	2,457
Total Liabilities & Equity	8,567	8,521	9,152	8,270	6,971	4,131
Total Debt	987.72	974.16	1,949	1,282	813.4	762.05
Net Cash (Debt)	1,780	1,745	1,225	1,887	2,376	692.55
Net Cash Growth	28.59%	42.46%	-35.08%	-20.56%	243.02%	88.44%
Net Cash Per Share	3.29	3.19	2.22	3.44	4.79	1.39
Filing Date Shares Outstanding	547.55	547.55	550.24	550.24	549.29	495.52
Total Common Shares Outstanding	547.55	547.55	550.24	550.24	549.29	495.52
Working Capital	4,273	4,534	3,958	4,538	4,344	2,406
Book Value Per Share	11.04	11.01	10.46	9.87	8.56	4.96
Tangible Book Value	5,988	5,973	5,697	5,333	4,601	2,395
Tangible Book Value Per Share	10.94	10.91	10.35	9.69	8.38	4.83
Buildings	-	661.68	250.2	239.61	215.77	181.42
Machinery	-	1,660	996.36	923.84	793.5	733.36
Construction In Progress	-	29.12	991.62	354.55	184.97	58.29

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