SHE:301058 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	1,708	2,068	2,025	1,604	1,350	1,434
Trading Asset Securities	110.44	129.8	152.3	136.56	100.75	165.08
Cash & Short-Term Investments	1,819	2,197	2,178	1,741	1,450	1,599
Cash Growth	1.81%	0.91%	25.11%	20.00%	-9.31%	49.45%
Accounts Receivable	1,242	1,329	1,220	1,112	1,050	789.42
Other Receivables	51.82	30.15	32.08	51.12	46.02	50.76
Receivables	1,294	1,359	1,252	1,163	1,096	840.18
Inventory	737.51	659.89	552.45	496.39	464.08	517.87
Other Current Assets	293.62	245.93	258.48	161.82	145.89	176.26
Total Current Assets	4,143	4,463	4,241	3,561	3,156	3,134
Property, Plant & Equipment	325.9	326.84	334.93	350.01	358.84	343.44
Long-Term Investments	7.05	7.05	7.04	6.46	6.11	5.51
Goodwill	23.96	23.96	23.96	23.96	23.99	23.99
Other Intangible Assets	160.54	163.03	162.76	167.97	172.87	175.84
Long-Term Deferred Tax Assets	81.62	85.67	79.74	59.99	55.34	44.5
Long-Term Deferred Charges	0.46	0.35	1.01	0.06	0.21	0.51
Other Long-Term Assets	30.03	25.91	25.34	33.19	39	61.36
Total Assets	4,773	5,095	4,876	4,203	3,813	3,789
Accounts Payable	1,147	1,310	1,115	901.52	764.93	637.7
Accrued Expenses	107.31	190.7	219.33	196.47	207.74	200.24
Short-Term Debt	78.09	57.08	47.08	40.03	40.03	37.05
Current Portion of Long-Term Debt	8.61	8.72	-	20.09	-	20.03
Current Portion of Leases	-	-	4.13	9.13	3.54	8.43
Current Income Taxes Payable	18.74	49.97	22.73	20.04	27.18	0.88
Current Unearned Revenue	780.29	845.62	842.72	712.83	593.4	788.64
Other Current Liabilities	96.36	139.26	288.59	113.15	74.51	112.45
Total Current Liabilities	2,236	2,601	2,540	2,013	1,711	1,805
Long-Term Debt	-	-	-	-	20.14	-
Long-Term Leases	6.43	2.77	5.11	8.7	11.86	17.27
Long-Term Unearned Revenue	3.26	3.39	14.69	19.19	24.09	26.93
Pension & Post-Retirement Benefits	-	-	2.55	2.62	2.72	5.31
Long-Term Deferred Tax Liabilities	14.12	14.32	14.34	16.39	16.13	17.12
Other Long-Term Liabilities	16.78	17.13	4.93	4.77	9.2	4.21
Total Liabilities	2,277	2,639	2,581	2,065	1,795	1,876
Common Stock	512.27	512.27	512.27	512.27	512.27	512.27
Additional Paid-In Capital	938.11	938.11	938.11	938.11	938.11	938.11
Retained Earnings	868.95	830.66	674.42	517.59	402.35	310.48
Comprehensive Income & Other	22.11	20.96	18.77	15.75	13.04	10.42
Total Common Equity	2,341	2,302	2,144	1,984	1,866	1,771
Minority Interest	154.66	154.54	150.71	154.4	151.35	141.29
Shareholders' Equity	2,496	2,457	2,294	2,138	2,017	1,913
Total Liabilities & Equity	4,773	5,095	4,876	4,203	3,813	3,789
Total Debt	93.13	68.56	56.31	77.95	75.56	82.78
Net Cash (Debt)	1,725	2,129	2,121	1,663	1,375	1,517
Net Cash Growth	0.54%	0.36%	27.59%	20.93%	-9.35%	41.72%
Net Cash Per Share	3.40	4.20	4.18	3.21	2.69	3.47
Filing Date Shares Outstanding	530.78	486.62	512.27	512.27	512.27	512.27
Total Common Shares Outstanding	530.78	486.62	512.27	512.27	512.27	512.27
Working Capital	1,907	1,861	1,701	1,548	1,445	1,328
Book Value Per Share	4.41	4.73	4.18	3.87	3.64	3.46
Tangible Book Value	2,157	2,115	1,957	1,792	1,669	1,571
Tangible Book Value Per Share	4.06	4.35	3.82	3.50	3.26	3.07
Buildings	-	-	355.02	351.54	350.46	334.66
Machinery	-	-	233.39	228.78	204.3	165.45
Construction In Progress	-	-	17	0.9	6.09	2.04

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