SHE:301196 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	766.39	544.14	440.92	304	472.41	82.17
Short-Term Investments	-	-	359.62	203.78	204.04	-
Trading Asset Securities	364.24	480.94	425.09	838.98	1,209	149.91
Cash & Short-Term Investments	1,131	1,025	1,226	1,347	1,885	232.08
Cash Growth	16.83%	-16.36%	-8.99%	-28.57%	712.41%	-5.79%
Accounts Receivable	613.78	597.12	499.46	406.81	227.69	209.61
Other Receivables	17.71	11	46.75	28.69	8.67	16.47
Receivables	631.49	608.12	546.21	435.5	236.36	226.08
Inventory	497.37	479.03	398.98	295.27	235.04	250.34
Prepaid Expenses	-	-	-	-	0.67	-
Other Current Assets	376.28	462.84	29.16	10.17	9.25	14.31
Total Current Assets	2,636	2,575	2,200	2,088	2,367	722.82
Property, Plant & Equipment	1,115	1,074	1,015	958.77	818.53	575.14
Long-Term Investments	140.66	179.5	443.62	429.06	40.58	31.39
Goodwill	-	-	7.36	15.68	-	-
Other Intangible Assets	218.89	213.26	118.79	92.14	89.56	72.22
Long-Term Deferred Tax Assets	45.71	40.45	26.8	18.51	10.13	7.51
Long-Term Deferred Charges	37.92	33.71	30.06	17.93	10.79	11.49
Other Long-Term Assets	152.71	146.9	77.31	76.12	46.29	46.46
Total Assets	4,347	4,263	3,919	3,696	3,383	1,467
Accounts Payable	431.7	414.7	337.79	228.28	163.12	160.83
Accrued Expenses	65.14	83.22	97.63	76.96	62.13	52.88
Short-Term Debt	3	-	-	2	-	-
Current Portion of Long-Term Debt	16.08	14.06	6.19	5.18	3.92	-
Current Portion of Leases	-	-	8.37	3.75	3.02	1.84
Current Income Taxes Payable	16.09	10.29	14.63	20.05	0.65	7.16
Current Unearned Revenue	105.48	88.8	74.58	65.57	47.37	50.94
Other Current Liabilities	41.72	41.02	26.08	33.61	4.93	5.36
Total Current Liabilities	679.21	652.08	565.27	435.4	285.13	279.02
Long-Term Debt	34.58	35.93	37.05	41.32	41.64	2.22
Long-Term Leases	34.4	26.42	6.81	5.87	3.32	4.81
Long-Term Unearned Revenue	53.48	55.43	61.3	30.93	30.34	16.86
Long-Term Deferred Tax Liabilities	83.47	73.57	62.53	53.77	40.43	27.33
Other Long-Term Liabilities	-	-	1.57	-	-	-
Total Liabilities	885.14	843.44	734.53	567.28	400.85	330.24
Common Stock	125.31	125.26	124.8	124.8	124.8	93.6
Additional Paid-In Capital	2,349	2,344	2,326	2,316	2,280	555.42
Retained Earnings	866.92	870.76	688.98	643.05	562.35	473.77
Treasury Stock	-	-	-11.4	-	-	-
Comprehensive Income & Other	1.58	9.53	-8.59	-0.68	-3.95	-5.02
Total Common Equity	3,343	3,350	3,120	3,083	2,963	1,118
Minority Interest	118.82	69.91	64.67	45.66	18.56	19.02
Shareholders' Equity	3,462	3,420	3,184	3,129	2,982	1,137
Total Liabilities & Equity	4,347	4,263	3,919	3,696	3,383	1,467
Total Debt	88.06	76.41	58.42	58.12	51.89	8.87
Net Cash (Debt)	1,043	948.68	1,167	1,289	1,834	223.21
Net Cash Growth	14.12%	-18.72%	-9.42%	-29.72%	721.44%	-8.68%
Net Cash Per Share	8.34	7.60	9.40	10.33	14.69	2.38
Filing Date Shares Outstanding	125.29	125.24	124.37	124.8	124.8	93.6
Total Common Shares Outstanding	125.29	125.24	124.37	124.8	124.8	93.6
Working Capital	1,957	1,923	1,635	1,652	2,082	443.8
Book Value Per Share	26.68	26.75	25.08	24.70	23.74	11.94
Tangible Book Value	3,124	3,137	2,993	2,975	2,874	1,046
Tangible Book Value Per Share	24.93	25.04	24.07	23.84	23.03	11.17
Buildings	-	-	610.64	531.1	496.37	194.7
Machinery	-	-	856.43	647.02	455.74	392.67
Construction In Progress	-	-	41.91	114.92	115.4	194.08

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