SHE:300979 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	5,163	5,818	5,588	3,879	3,620	4,408
Trading Asset Securities	1,538	394.16	1,775	2,342	1,995	1,870
Cash & Short-Term Investments	6,700	6,212	7,364	6,222	5,616	6,278
Cash Growth	-16.87%	-15.64%	18.36%	10.79%	-10.56%	157.55%
Accounts Receivable	2,850	4,043	4,378	3,765	3,115	2,487
Other Receivables	219.49	154.64	66.67	17.64	49.53	92.5
Receivables	3,070	4,198	4,445	3,782	3,164	2,580
Inventory	3,640	2,878	3,121	2,741	2,464	2,671
Other Current Assets	701.45	583.16	459.88	372.8	260.7	335.92
Total Current Assets	14,112	13,871	15,389	13,118	11,504	11,865
Property, Plant & Equipment	6,917	6,765	5,712	4,949	4,369	3,535
Long-Term Investments	210.26	210.26	227.48	202.45	189.87	143
Goodwill	124.65	126.63	129.5	127.6	-	-
Other Intangible Assets	752.2	765.5	670.86	557.28	436.82	279.34
Long-Term Deferred Tax Assets	179.6	144.37	90.3	68.06	99.97	65.8
Long-Term Deferred Charges	239.7	246.79	210.81	177.09	177.96	111.74
Other Long-Term Assets	380.42	306.47	334.62	247.34	326.86	179.42
Total Assets	22,916	22,437	22,765	19,447	17,105	16,179
Accounts Payable	2,040	2,191	2,410	1,793	1,502	1,835
Accrued Expenses	1,049	1,248	1,357	1,059	991.03	801.36
Short-Term Debt	2,804	2,044	287.98	733.3	683.01	1,876
Current Portion of Leases	50.05	55.44	44.74	57.73	50.33	42.56
Current Income Taxes Payable	183.19	247.67	759.26	463.75	470.41	484.46
Current Unearned Revenue	48.24	42.76	37.86	26.82	17.77	29.94
Other Current Liabilities	45.06	92.12	38.74	35.64	28.18	13.02
Total Current Liabilities	6,220	5,920	4,935	4,169	3,743	5,083
Long-Term Leases	127.92	95.37	188.06	107.16	109	116.22
Long-Term Unearned Revenue	0.96	0.96	-	-	-	-
Long-Term Deferred Tax Liabilities	21.08	27.53	27.86	43.7	57.64	53.61
Other Long-Term Liabilities	140.87	142.04	170.25	10.65	-	-
Total Liabilities	6,510	6,186	5,321	4,331	3,910	5,253
Common Stock	1,167	1,167	1,167	1,167	1,167	1,167
Additional Paid-In Capital	5,704	5,704	5,704	5,704	5,704	5,704
Retained Earnings	10,757	10,373	11,018	8,578	6,778	4,834
Comprehensive Income & Other	-1,234	-1,005	-456.46	-339.37	-453.14	-777.49
Total Common Equity	16,394	16,239	17,432	15,109	13,195	10,927
Minority Interest	11.69	11.05	11.34	7.08	-	-
Shareholders' Equity	16,405	16,250	17,443	15,116	13,195	10,927
Total Liabilities & Equity	22,916	22,437	22,765	19,447	17,105	16,179
Total Debt	2,982	2,195	520.78	898.19	842.34	2,035
Net Cash (Debt)	3,719	4,017	6,843	5,323	4,773	4,243
Net Cash Growth	-48.58%	-41.30%	28.54%	11.52%	12.49%	350.76%
Net Cash Per Share	3.19	3.45	5.86	4.56	4.10	3.76
Filing Date Shares Outstanding	1,167	1,167	1,167	1,167	1,167	1,167
Total Common Shares Outstanding	1,167	1,167	1,167	1,167	1,167	1,167
Working Capital	7,892	7,951	10,454	8,949	7,761	6,782
Book Value Per Share	14.05	13.92	14.94	12.95	11.31	9.36
Tangible Book Value	15,517	15,347	16,631	14,424	12,759	10,647
Tangible Book Value Per Share	13.30	13.15	14.25	12.36	10.93	9.12
Buildings	-	4,204	3,383	2,674	2,296	1,766
Machinery	-	5,170	4,542	4,051	3,619	3,020
Construction In Progress	-	814.38	757.19	981.57	565.73	376.2

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