SHE:300981 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	1,633	1,207	597.59	776.2	484.76	844.39
Short-Term Investments	-	-	960.05	620.37	624.2	-
Trading Asset Securities	2,263	1,881	1,727	1,538	2,542	3,565
Cash & Short-Term Investments	3,896	3,089	3,285	2,935	3,651	4,409
Cash Growth	44.67%	-5.98%	11.93%	-19.61%	-17.19%	147.47%
Accounts Receivable	388.41	407.39	431.29	359.86	269.11	232.46
Other Receivables	34.93	36.85	31.82	36.27	36.53	33.45
Receivables	423.34	444.24	463.11	396.13	322.47	265.91
Inventory	697.12	623.59	576.39	504.88	421.65	463.61
Other Current Assets	127.9	572.06	245.33	161.32	52.75	66.78
Total Current Assets	5,144	4,729	4,570	3,997	4,448	5,205
Property, Plant & Equipment	1,846	1,885	1,905	2,046	1,714	1,658
Long-Term Investments	272.93	275.63	280.9	478.29	290.53	50.63
Goodwill	90.92	90.92	149.44	295.29	-	-
Other Intangible Assets	139.4	142.48	153.56	170.36	148.85	66.01
Long-Term Deferred Tax Assets	67.67	66.96	58.9	58.53	42.99	21.83
Long-Term Deferred Charges	25.08	25.62	3.62	2.85	1.7	0.07
Other Long-Term Assets	204.43	222.86	109.13	8.17	170.16	149.87
Total Assets	7,791	7,438	7,230	7,057	6,817	7,152
Accounts Payable	499.37	418.31	486.54	411.4	391.84	385.24
Accrued Expenses	64.5	69.45	73.45	71.02	52.18	57.38
Short-Term Debt	891.6	726.93	391.53	153.54	50.04	-
Current Portion of Long-Term Debt	599.76	389.74	141.61	4.5	-	-
Current Portion of Leases	-	-	7.05	7.32	4.51	3.47
Current Income Taxes Payable	5.64	4.5	8.77	3.73	2.49	2.53
Current Unearned Revenue	93.5	82.3	73.8	59.71	70.41	110.02
Other Current Liabilities	60.29	71.44	53.68	58.94	72.71	6.4
Total Current Liabilities	2,215	1,763	1,236	770.16	644.17	565.03
Long-Term Debt	119.61	218.77	330.21	331.3	-	-
Long-Term Leases	13.36	9.03	8.57	7.28	10.13	13.71
Long-Term Unearned Revenue	15.43	15.26	20.89	17.58	20.56	6.9
Long-Term Deferred Tax Liabilities	10.01	10.39	13.56	14.41	5.52	11.91
Other Long-Term Liabilities	0.13	-	-	1.23	3.68	-
Total Liabilities	2,373	2,016	1,610	1,142	684.05	597.56
Common Stock	428.86	428.86	390.01	390.01	300.01	166.67
Additional Paid-In Capital	1,677	1,677	1,716	1,716	1,806	1,939
Retained Earnings	3,178	3,173	3,382	3,664	4,005	4,438
Treasury Stock	-18.99	-18.99	-18.99	-8.96	-	-
Comprehensive Income & Other	-6.67	1.02	4.89	7.43	8.89	10.58
Total Common Equity	5,258	5,261	5,474	5,768	6,119	6,554
Minority Interest	159.85	160.99	146.58	146.94	13.2	-
Shareholders' Equity	5,418	5,422	5,621	5,915	6,133	6,554
Total Liabilities & Equity	7,791	7,438	7,230	7,057	6,817	7,152
Total Debt	1,624	1,344	878.98	503.94	64.68	17.18
Net Cash (Debt)	2,272	1,744	2,406	2,431	3,586	4,392
Net Cash Growth	33.03%	-27.51%	-1.02%	-32.22%	-18.34%	162.32%
Net Cash Per Share	5.25	4.04	5.52	5.74	8.28	11.17
Filing Date Shares Outstanding	428.72	449.06	427.43	428.36	429.01	429.01
Total Common Shares Outstanding	428.72	449.06	427.43	428.36	429.01	429.01
Working Capital	2,930	2,966	3,334	3,227	3,804	4,640
Book Value Per Share	12.26	11.71	12.81	13.47	14.26	15.28
Tangible Book Value	5,028	5,027	5,171	5,302	5,971	6,488
Tangible Book Value Per Share	11.73	11.20	12.10	12.38	13.92	15.12
Buildings	-	-	1,058	1,035	790.36	637.53
Machinery	-	-	1,546	1,529	1,301	1,170
Construction In Progress	75.33	-	84.09	106.96	62.79	146.07

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