SHE:300910 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	626.18	841.19	479.22	1,214	826.6	1,160
Trading Asset Securities	1,176	906.21	889.47	418.4	846.79	211.38
Cash & Short-Term Investments	1,803	1,747	1,369	1,632	1,673	1,372
Cash Growth	32.73%	27.67%	-16.15%	-2.45%	21.99%	-16.03%
Accounts Receivable	717.72	639.83	638.98	382.57	259.56	226.67
Other Receivables	10.71	7.59	3.8	1.39	2.29	0.79
Receivables	728.42	647.42	642.77	383.96	261.85	227.46
Inventory	563.07	535.78	550.26	423.69	532.41	289.87
Other Current Assets	87.63	77.91	60.99	52.03	90.59	67.82
Total Current Assets	3,182	3,009	2,623	2,492	2,558	1,957
Property, Plant & Equipment	1,404	1,352	1,060	697.23	422.1	342.62
Long-Term Investments	417.25	359.31	240.14	223.51	119.06	-
Other Intangible Assets	237.26	238.13	194.64	143.54	127.86	72.12
Long-Term Deferred Tax Assets	10.7	10.3	24.32	29.21	41.49	1.74
Long-Term Deferred Charges	25.67	26.5	24.85	16.05	14.65	9.17
Other Long-Term Assets	112.13	101.96	135.58	177.49	113.28	75.33
Total Assets	5,388	5,096	4,302	3,779	3,397	2,458
Accounts Payable	408.39	371.67	391.67	307.73	385.99	247.98
Accrued Expenses	34.98	112.57	96.56	95.51	97.91	27.99
Short-Term Debt	675.37	527.41	194.19	-	-	-
Current Portion of Long-Term Debt	52.31	31.96	11.71	0.99	-	-
Current Portion of Leases	-	3.21	1.57	2.66	1.25	0.27
Current Income Taxes Payable	49.96	18.24	23.2	13.42	37.64	10.05
Current Unearned Revenue	35.58	9.67	16.72	83.64	87.66	7.51
Other Current Liabilities	38.58	20.87	23.68	20.91	22.41	5.81
Total Current Liabilities	1,295	1,096	759.31	524.87	632.86	299.62
Long-Term Debt	88.32	132.2	163.33	88.86	-	-
Long-Term Leases	5.97	6.37	0.55	1.72	1.36	0.34
Long-Term Unearned Revenue	6.46	6.63	6	-	-	-
Long-Term Deferred Tax Liabilities	5.97	6.43	6.59	9.97	9.74	-
Total Liabilities	1,402	1,247	935.78	625.42	643.96	299.96
Common Stock	295.94	295.94	291.79	288.23	150	150
Additional Paid-In Capital	1,809	1,809	1,722	1,636	1,643	1,531
Retained Earnings	2,085	1,945	1,557	1,206	944.9	476.78
Treasury Stock	-228.2	-228.2	-228.2	-	-	-
Comprehensive Income & Other	-2.89	-0.33	2.86	1.61	1.15	-0.05
Total Common Equity	3,959	3,821	3,345	3,132	2,739	2,158
Minority Interest	27.83	27.82	21.41	21.57	13.77	-
Shareholders' Equity	3,986	3,849	3,366	3,154	2,753	2,158
Total Liabilities & Equity	5,388	5,096	4,302	3,779	3,397	2,458
Total Debt	821.97	701.15	371.35	94.23	2.61	0.61
Net Cash (Debt)	980.55	1,046	997.35	1,538	1,671	1,371
Net Cash Growth	1.28%	4.90%	-35.16%	-7.94%	21.85%	-16.07%
Net Cash Per Share	3.31	3.55	3.46	6.47	5.77	4.81
Filing Date Shares Outstanding	290.36	290.36	286.21	288.23	285	285
Total Common Shares Outstanding	290.36	290.36	286.21	288.23	285	285
Working Capital	1,886	1,913	1,863	1,967	1,925	1,657
Book Value Per Share	13.63	13.16	11.69	10.87	9.61	7.57
Tangible Book Value	3,721	3,583	3,150	2,989	2,611	2,086
Tangible Book Value Per Share	12.82	12.34	11.01	10.37	9.16	7.32
Buildings	-	532.16	381.74	209.57	136.78	120.06
Machinery	-	911.27	738.87	469.2	352.79	292.37
Construction In Progress	-	251.97	198.73	216.07	88.48	55.88

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