SHE:300957 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	1,977	2,458	1,810	2,091	2,514	2,035
Short-Term Investments	-	-	-	310	480.12	1,530
Trading Asset Securities	2,245	1,850	2,428	1,238	1,434	781.15
Cash & Short-Term Investments	4,221	4,308	4,239	3,640	4,428	4,346
Cash Growth	18.09%	1.64%	16.45%	-17.80%	1.89%	477.93%
Accounts Receivable	498.2	740.04	1,047	742.92	508.76	328.3
Other Receivables	156.55	198.92	173.14	157.87	20.47	37.81
Receivables	654.75	938.96	1,220	900.79	529.23	366.11
Inventory	592.41	528.46	611.89	904.41	670.75	463.27
Prepaid Expenses	-	0.96	6.95	6.98	-	2.92
Other Current Assets	331.55	91.59	55.31	70.57	87.01	46.95
Total Current Assets	5,800	5,868	6,133	5,523	5,715	5,225
Property, Plant & Equipment	832.9	854.91	936.82	808.14	665.36	431.96
Long-Term Investments	342.31	495.26	375.95	298.46	82.78	-
Goodwill	292.5	292.5	323.05	413.74	-	-
Other Intangible Assets	546.16	551.79	258.52	193.11	77.94	64.59
Long-Term Deferred Tax Assets	165.81	148.86	129.34	93.13	52.12	15.58
Long-Term Deferred Charges	92.14	106.89	113.59	93.32	66.73	41.02
Other Long-Term Assets	216.25	23.08	33.38	84.45	59.63	34.31
Total Assets	8,288	8,341	8,304	7,507	6,720	5,812
Accounts Payable	371.09	446.91	447.18	401.93	372.37	361.61
Accrued Expenses	73.83	356.03	457.76	469.93	312.06	285.73
Short-Term Debt	581.06	480.64	314.56	103.82	-	-
Current Portion of Leases	77.16	71.07	63.33	42.1	62.42	48.91
Current Income Taxes Payable	126.88	47.99	70	105.22	109.69	97.54
Current Unearned Revenue	107.44	80.46	98.97	50.05	58.12	71.19
Other Current Liabilities	262.57	72.4	66.13	118.16	77.21	34.78
Total Current Liabilities	1,600	1,556	1,518	1,291	991.87	899.75
Long-Term Debt	207.03	207.03	321.66	4.7	-	-
Long-Term Leases	62.21	75.76	118.23	63.28	50.95	76.29
Long-Term Unearned Revenue	154.69	161.56	112.37	82.86	55.57	6.3
Long-Term Deferred Tax Liabilities	21.9	35.01	33.3	40.45	8.36	1.69
Other Long-Term Liabilities	1.95	1.95	12.25	8.6	10.5	50
Total Liabilities	2,048	2,037	2,116	1,491	1,117	1,034
Common Stock	423.6	423.6	423.6	423.6	423.6	423.6
Additional Paid-In Capital	2,834	2,834	2,817	2,846	2,846	2,846
Retained Earnings	3,145	3,205	2,952	2,701	2,283	1,486
Treasury Stock	-144.96	-144.96	-144.96	-109.84	-	-
Comprehensive Income & Other	-159.72	-159.99	2.05	0.05	-0	0
Total Common Equity	6,097	6,157	6,050	5,861	5,553	4,755
Minority Interest	143.17	147.28	137.92	154.82	49.48	23.26
Shareholders' Equity	6,240	6,305	6,188	6,016	5,602	4,778
Total Liabilities & Equity	8,288	8,341	8,304	7,507	6,720	5,812
Total Debt	927.46	834.5	817.77	213.9	113.36	125.2
Net Cash (Debt)	3,294	3,474	3,421	3,426	4,315	4,221
Net Cash Growth	12.67%	1.54%	-0.14%	-20.60%	2.23%	461.28%
Net Cash Per Share	7.78	8.24	8.16	8.10	10.18	10.37
Filing Date Shares Outstanding	421.29	421.29	421.29	420.61	423.6	423.6
Total Common Shares Outstanding	421.29	421.29	421.29	420.61	423.6	423.6
Working Capital	4,200	4,313	4,615	4,231	4,723	4,325
Book Value Per Share	14.47	14.62	14.36	13.93	13.11	11.23
Tangible Book Value	5,259	5,313	5,468	5,254	5,475	4,691
Tangible Book Value Per Share	12.48	12.61	12.98	12.49	12.92	11.07
Buildings	-	265.79	251.48	261.2	50.35	33.8
Machinery	-	721.68	649.81	527.8	228.01	124.7
Construction In Progress	-	12.59	50.76	40.22	349.47	197.29

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