SHE:300861 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	189.96	255.52	548.68	480.12	621.45	177.16
Trading Asset Securities	1,793	1,969	3,040	1,657	1,845	2,232
Cash & Short-Term Investments	1,983	2,225	3,589	2,137	2,467	2,410
Cash Growth	-46.78%	-38.01%	67.92%	-13.35%	2.38%	7.24%
Accounts Receivable	1,467	1,545	1,030	2,582	2,118	774.54
Other Receivables	45.95	8.36	8.84	9.87	1.88	0.03
Receivables	1,513	1,553	1,038	2,592	2,120	774.56
Inventory	884.05	722.08	838.65	1,105	790.17	338.32
Prepaid Expenses	-	-	0.53	1.65	1.24	0.74
Other Current Assets	693.19	395.53	74.62	111.12	108.84	104.4
Total Current Assets	5,074	4,896	5,541	5,947	5,487	3,628
Property, Plant & Equipment	927.88	983.01	1,202	1,349	1,050	711.69
Long-Term Investments	999.88	994.99	34.95	30	-	-
Goodwill	-	-	-	7.94	7.94	7.94
Other Intangible Assets	47.85	88.25	95.22	100.87	64.52	38.8
Long-Term Deferred Tax Assets	73.95	71.23	62.51	58.4	41.77	14.13
Long-Term Deferred Charges	63.14	69.16	104.46	120.48	101.51	32.05
Other Long-Term Assets	1.47	1.05	22.81	18.33	16.83	26.35
Total Assets	7,188	7,103	7,064	7,633	6,770	4,460
Accounts Payable	159.61	210.41	123.33	439.8	567.27	232.25
Accrued Expenses	22.43	33.43	52.56	84.04	73.03	43.92
Current Portion of Long-Term Debt	25.31	24.22	-	-	-	-
Current Portion of Leases	-	-	31.24	15.79	13.98	14.22
Current Income Taxes Payable	73.73	70.71	6.22	68.04	72	36.99
Current Unearned Revenue	19.49	5.88	2.34	1.77	1.78	5.64
Other Current Liabilities	84.11	152.41	173.79	306.64	711.77	5.06
Total Current Liabilities	384.67	497.06	389.49	916.09	1,440	338.08
Long-Term Leases	19.26	15.2	38.75	68.27	72.65	16.34
Long-Term Unearned Revenue	79.25	75.93	57.16	12.17	6.42	7.26
Long-Term Deferred Tax Liabilities	87.92	93.26	127.09	151.16	125.86	80.89
Other Long-Term Liabilities	7.89	7.28	7.11	33.05	27.72	-
Total Liabilities	579	688.73	619.59	1,181	1,672	442.57
Common Stock	671.84	671.84	480.01	480.01	480.01	400.01
Additional Paid-In Capital	1,769	1,769	1,769	1,769	1,769	1,832
Retained Earnings	4,198	4,004	4,191	4,190	2,841	1,786
Treasury Stock	-34.18	-34.18	-0.43	-	-	-
Comprehensive Income & Other	4.21	4.21	4.21	-	-	-
Total Common Equity	6,609	6,415	6,444	6,439	5,090	4,017
Minority Interest	-	-	-	13.15	7.36	-
Shareholders' Equity	6,609	6,415	6,444	6,452	5,098	4,017
Total Liabilities & Equity	7,188	7,103	7,064	7,633	6,770	4,460
Total Debt	44.57	39.42	69.98	84.07	86.63	30.56
Net Cash (Debt)	1,938	2,186	3,519	2,053	2,380	2,379
Net Cash Growth	-47.12%	-37.90%	71.39%	-13.73%	0.05%	5.88%
Net Cash Per Share	2.89	3.26	5.24	3.06	3.54	3.54
Filing Date Shares Outstanding	669.93	669.55	672.02	672.02	672.02	672.02
Total Common Shares Outstanding	669.93	669.55	672.02	672.02	672.02	672.02
Working Capital	4,689	4,398	5,152	5,031	4,047	3,289
Book Value Per Share	9.86	9.58	9.59	9.58	7.57	5.98
Tangible Book Value	6,561	6,326	6,349	6,330	5,018	3,971
Tangible Book Value Per Share	9.79	9.45	9.45	9.42	7.47	5.91
Buildings	-	-	35.07	25.72	13.16	6.02
Machinery	-	-	1,669	1,598	1,304	867.63
Construction In Progress	-	-	249.05	215.22	23.52	69.49

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