SHE:301219 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	3,088	3,646	3,374	3,760	4,471	537.15
Cash & Short-Term Investments	3,088	3,646	3,374	3,760	4,471	537.15
Cash Growth	-1.02%	8.04%	-10.26%	-15.90%	732.35%	71.96%
Accounts Receivable	872.43	831.7	610.25	383.71	369.7	796.93
Other Receivables	117.28	28.48	45.79	62.5	4.48	40.1
Receivables	989.7	860.17	656.04	446.21	374.18	837.02
Inventory	5,241	3,937	2,641	1,968	2,375	1,562
Prepaid Expenses	-	-	-	0.1	-	-
Other Current Assets	587.81	528.56	349.38	214.17	111.88	82.29
Total Current Assets	9,907	8,971	7,021	6,389	7,332	3,018
Property, Plant & Equipment	4,022	3,811	3,451	3,299	1,958	1,349
Other Intangible Assets	83.3	84.33	81.72	55.13	53.67	51.31
Long-Term Deferred Tax Assets	132.02	139.36	88.03	57.54	85.52	59.72
Long-Term Deferred Charges	0.82	0.82	-	-	-	-
Other Long-Term Assets	45.66	82.69	63.01	30.41	60.28	66.39
Total Assets	14,192	13,089	10,705	9,831	9,490	4,545
Accounts Payable	1,983	2,113	1,083	790.14	395.82	308.79
Accrued Expenses	21.08	289.86	269.65	132.54	73.44	184.2
Short-Term Debt	1,049	737.17	236.68	99.12	195.01	373.91
Current Portion of Long-Term Debt	-	-	-	-	-	0.07
Current Portion of Leases	0.27	0.36	0.4	0.45	0.4	0.6
Current Income Taxes Payable	158.97	0	0	40.46	15.2	54.66
Current Unearned Revenue	510.89	96.4	3.4	27.37	77.39	13.69
Other Current Liabilities	150.94	80.21	12.51	16.23	7.95	3.18
Total Current Liabilities	3,874	3,317	1,606	1,106	765.2	939.1
Long-Term Debt	145.8	87.21	-	-	-	57.95
Long-Term Leases	0.78	0.66	-	0.55	-	0.4
Long-Term Unearned Revenue	96.56	99.9	84.05	71.3	66.19	72.62
Long-Term Deferred Tax Liabilities	182.01	177.92	175.06	94	146.55	110.23
Other Long-Term Liabilities	39.83	39.83	39.83	39.83	39.83	39.83
Total Liabilities	4,339	3,722	1,905	1,312	1,018	1,220
Common Stock	294.72	294.72	294.72	294.72	226.71	94.46
Additional Paid-In Capital	5,998	5,991	5,956	5,996	6,056	977.44
Retained Earnings	3,649	3,118	2,447	2,196	2,090	2,318
Treasury Stock	-77.79	-77.72	-117.81	-125.97	-	-
Comprehensive Income & Other	5.15	52.58	220.56	158.23	98.83	-65.16
Total Common Equity	9,869	9,378	8,800	8,519	8,472	3,325
Minority Interest	-16.22	-11.12	-	-	-	-
Shareholders' Equity	9,853	9,367	8,800	8,519	8,472	3,325
Total Liabilities & Equity	14,192	13,089	10,705	9,831	9,490	4,545
Total Debt	1,196	825.4	237.08	100.12	195.41	432.94
Net Cash (Debt)	1,893	2,820	3,137	3,660	4,276	104.22
Net Cash Growth	-36.37%	-10.10%	-14.28%	-14.40%	4002.61%	9.47%
Net Cash Per Share	6.42	9.57	10.67	12.39	15.42	0.47
Filing Date Shares Outstanding	295.02	293.71	293.29	290.06	294.72	294.72
Total Common Shares Outstanding	295.02	293.71	293.29	290.06	294.72	221.04
Working Capital	6,033	5,655	5,415	5,282	6,567	2,079
Book Value Per Share	33.45	31.93	30.00	29.37	28.75	15.04
Tangible Book Value	9,786	9,294	8,718	8,464	8,419	3,274
Tangible Book Value Per Share	33.17	31.64	29.73	29.18	28.56	14.81
Buildings	-	1,103	962.37	809.57	430.21	405.65
Machinery	-	3,098	2,913	1,882	1,330	775.06
Construction In Progress	-	707.5	356.88	1,089	499.08	353.03

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