SHE:300896 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	1,568	1,227	1,515	2,434	3,140	3,264
Short-Term Investments	-	469.78	344.85	299.28	80	-
Trading Asset Securities	2,377	2,154	2,878	1,204	703.69	370.51
Cash & Short-Term Investments	3,944	3,851	4,737	3,937	3,923	3,634
Cash Growth	-27.08%	-18.70%	20.32%	0.36%	7.96%	-15.44%
Accounts Receivable	98.57	137.89	168.45	206.07	127.76	72.35
Other Receivables	9.15	7.88	7.77	12.03	4.6	9.69
Receivables	107.72	145.76	176.23	218.1	132.36	82.04
Inventory	96.85	93.21	72.84	49.77	46.72	34.94
Other Current Assets	94.31	54.68	58.71	46.2	31.38	52.22
Total Current Assets	4,243	4,145	5,045	4,251	4,134	3,803
Property, Plant & Equipment	679.26	654.42	521.15	282.06	258.1	190.44
Long-Term Investments	2,049	1,959	2,280	1,860	1,408	1,213
Goodwill	1,641	1,641	278.24	244.89	244.89	-
Other Intangible Assets	400.18	367.79	110.19	114.92	116.64	11.99
Long-Term Deferred Tax Assets	24.35	18.56	7.23	17.72	8.48	9.59
Long-Term Deferred Charges	55.21	60.17	34.91	35.28	39	9.64
Other Long-Term Assets	42.39	62.02	63.85	46.54	49.52	34.25
Total Assets	9,134	8,908	8,340	6,852	6,259	5,272
Accounts Payable	57.03	49.69	82.99	44.7	19.34	8.55
Accrued Expenses	65.4	147.22	130.94	114.79	82.49	104.15
Current Portion of Leases	-	22.08	18.94	15	11.3	7.94
Current Income Taxes Payable	55.2	21.37	0.61	39.58	9.61	36.43
Current Unearned Revenue	79.43	84.13	84.56	50.63	14.71	12.74
Other Current Liabilities	331.74	322	25.87	32.97	86.72	8.78
Total Current Liabilities	588.81	646.5	343.91	297.67	224.17	178.59
Long-Term Leases	8.09	10.01	26.01	37.46	48.39	40.19
Long-Term Unearned Revenue	7.55	8.79	2.35	3.37	4.15	8.09
Long-Term Deferred Tax Liabilities	74.56	78.13	18.09	28.82	36.06	15.45
Total Liabilities	679.01	743.43	390.37	367.32	312.77	242.31
Common Stock	302.59	302.59	302.59	216.36	216.36	216.36
Additional Paid-In Capital	3,397	3,397	3,390	3,459	3,412	3,411
Retained Earnings	4,609	4,311	4,527	3,069	2,215	1,406
Treasury Stock	-399.78	-399.78	-399.78	-399.78	-	-
Comprehensive Income & Other	-38.63	-26.97	-22.39	2.87	2.81	-3.69
Total Common Equity	7,871	7,584	7,797	6,348	5,846	5,030
Minority Interest	584.6	580.67	153.06	137.1	99.65	0.18
Shareholders' Equity	8,455	8,165	7,950	6,485	5,946	5,030
Total Liabilities & Equity	9,134	8,908	8,340	6,852	6,259	5,272
Total Debt	8.09	32.09	44.96	52.46	59.69	48.12
Net Cash (Debt)	3,936	3,819	4,692	3,885	3,864	3,586
Net Cash Growth	-26.66%	-18.61%	20.79%	0.55%	7.74%	-16.56%
Net Cash Per Share	13.06	12.66	15.58	12.86	12.75	11.84
Filing Date Shares Outstanding	301.43	301.43	301.43	301.27	302.9	302.9
Total Common Shares Outstanding	301.43	301.43	301.43	301.27	302.9	302.9
Working Capital	3,654	3,498	4,701	3,954	3,910	3,625
Book Value Per Share	26.11	25.16	25.87	21.07	19.30	16.60
Tangible Book Value	5,829	5,575	7,409	5,988	5,485	5,018
Tangible Book Value Per Share	19.34	18.50	24.58	19.88	18.11	16.56
Buildings	-	283.57	204.55	205.02	185.1	118.95
Machinery	-	280.74	179.7	138.34	113.4	66.97
Construction In Progress	-	253.14	246.3	14.72	5.01	-

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