SHE:300803 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	11,354	9,251	6,559	2,570	1,219	1,607
Trading Asset Securities	3,552	2,191	929.97	384.67	854.92	-
Cash & Short-Term Investments	14,906	11,443	7,489	2,954	2,074	1,607
Cash Growth	94.38%	52.79%	153.51%	42.45%	29.01%	30.71%
Accounts Receivable	29.74	201.91	136.25	106.98	44.49	8.94
Other Receivables	27.72	14.16	56.56	8.39	30.57	53.18
Receivables	57.46	216.07	318.82	264.39	101.07	62.12
Inventory	1.51	2.29	0.17	0.49	1.09	1.04
Prepaid Expenses	-	0	19.37	2.93	38.36	4.61
Other Current Assets	1,410	1,221	791.4	274.5	180.25	19.61
Total Current Assets	16,375	12,882	8,619	3,497	2,395	1,695
Property, Plant & Equipment	440.24	442	433.25	418.16	424.77	330.5
Long-Term Investments	85.6	85.6	222.09	16.08	-	-
Goodwill	1,589	1,589	1,287	1,287	1,287	-
Other Intangible Assets	94.15	99.66	68.12	60.38	43.42	3.28
Long-Term Deferred Tax Assets	131.17	165.47	172.94	127.72	109.24	15.02
Long-Term Deferred Charges	28.33	20.35	18.17	10.1	5.05	1.68
Other Long-Term Assets	7.15	13.25	53.63	15.35	3.48	0.24
Total Assets	18,750	15,297	10,874	5,431	4,267	2,046
Accounts Payable	131.68	130.13	113.46	60.48	46.48	37.63
Accrued Expenses	236.13	284.04	277.34	108.43	79.72	91.59
Short-Term Debt	2,284	525.05	672.94	192.44	532.95	74.73
Current Portion of Leases	24.49	23.51	18.73	14.56	9.45	1.45
Current Income Taxes Payable	37.96	0.34	0.41	0.47	0.22	0.7
Current Unearned Revenue	71.56	67.38	77.5	38.94	38.55	41.05
Other Current Liabilities	11,712	10,178	6,687	2,468	1,224	15.3
Total Current Liabilities	14,498	11,208	7,847	2,883	1,931	262.45
Long-Term Debt	425.52	420.35	-	-	-	-
Long-Term Leases	29.53	33.04	34.75	29.27	25.65	0.94
Long-Term Unearned Revenue	938.33	861.34	759.95	659.82	623.54	500.12
Long-Term Deferred Tax Liabilities	4.63	4.73	4.87	5.19	5.59	-
Other Long-Term Liabilities	1.25	1.31	1.24	-	-	-
Total Liabilities	15,897	12,529	8,648	3,578	2,586	763.51
Common Stock	609.79	609.79	412.56	408.94	406.97	405
Additional Paid-In Capital	843.09	829.29	700.83	436.52	338.75	260.08
Retained Earnings	1,423	1,360	1,132	1,028	955.38	617
Comprehensive Income & Other	-9.81	-9.81	-	-0.39	-	-
Total Common Equity	2,866	2,789	2,246	1,873	1,701	1,282
Minority Interest	-12.28	-21.51	-19.88	-19.87	-19.86	-
Shareholders' Equity	2,853	2,768	2,226	1,853	1,681	1,282
Total Liabilities & Equity	18,750	15,297	10,874	5,431	4,267	2,046
Total Debt	2,764	1,002	726.42	236.26	568.05	77.12
Net Cash (Debt)	12,142	10,441	6,763	2,718	1,506	1,530
Net Cash Growth	77.61%	54.38%	148.82%	80.50%	-1.60%	24.44%
Net Cash Per Share	19.59	16.95	11.03	4.65	2.55	2.58
Filing Date Shares Outstanding	609.79	609.79	598.22	592.96	590.11	587.25
Total Common Shares Outstanding	609.79	609.79	598.22	592.96	590.11	587.25
Working Capital	1,877	1,674	771.77	613.12	463.52	1,432
Book Value Per Share	4.70	4.57	3.75	3.16	2.88	2.18
Tangible Book Value	1,183	1,101	890.91	526.14	371.14	1,279
Tangible Book Value Per Share	1.94	1.81	1.49	0.89	0.63	2.18
Buildings	-	390.19	394.8	394.8	394.95	350.66
Machinery	-	176.64	134.77	104.92	89.11	48.69

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