SHE:301236 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	7,085	6,445	7,190	6,247	6,344	3,013
Cash & Short-Term Investments	7,971	6,445	7,190	6,247	6,344	3,013
Cash Growth	65.63%	-10.36%	15.09%	-1.53%	110.53%	4.40%
Accounts Receivable	8,222	7,166	6,691	5,430	5,321	4,830
Other Receivables	187.97	224.45	175.38	91.33	139.95	24.03
Receivables	8,410	7,390	6,867	5,521	5,461	4,854
Inventory	9,807	7,710	4,051	715.47	682.78	693.06
Prepaid Expenses	-	-	-	-	7.67	-
Other Current Assets	1,384	811.54	805.77	151.22	61.63	147.54
Total Current Assets	27,571	22,357	18,913	12,635	12,557	8,708
Property, Plant & Equipment	2,142	2,179	1,631	1,093	1,096	1,081
Long-Term Investments	507.08	453.74	718.05	503.47	698.68	203.57
Goodwill	208.08	208.08	208.08	46.79	46.79	46.79
Other Intangible Assets	948.84	957.87	1,052	537.85	501.55	286.79
Long-Term Accounts Receivable	-	61.68	-	-	-	-
Long-Term Deferred Tax Assets	570.85	524.85	284.93	71.32	37.36	16.74
Long-Term Deferred Charges	118.86	148.6	104.31	89.16	107.45	166.54
Other Long-Term Assets	636.24	523	269.07	640.49	17.44	13.34
Total Assets	32,703	27,414	23,181	15,618	15,063	10,523
Accounts Payable	4,465	4,207	2,681	199.44	138.55	119.5
Accrued Expenses	1,300	1,849	1,752	1,360	1,343	1,399
Short-Term Debt	6,990	4,944	4,123	2,372	2,243	2,343
Current Portion of Long-Term Debt	935.08	664.58	324.43	1	1.05	479.95
Current Portion of Leases	-	104.46	134.78	137.09	215.77	-
Current Income Taxes Payable	178.06	38.28	14.8	31.06	24.21	13.35
Current Unearned Revenue	2,039	1,750	494.12	290.9	316.63	342.88
Other Current Liabilities	824.03	664.88	480.19	365.59	375.59	297.54
Total Current Liabilities	16,731	14,222	10,005	4,757	4,658	4,996
Long-Term Debt	980.07	1,103	1,667	1	2.1	3.32
Long-Term Leases	279.34	306.21	363.07	100.24	214.43	375.02
Long-Term Unearned Revenue	147.12	143.5	61.89	9.35	44.75	57.95
Long-Term Deferred Tax Liabilities	123.07	123.74	113.51	51.05	65.26	64.72
Other Long-Term Liabilities	837.49	832.35	305.33	99.63	48.65	0.65
Total Liabilities	19,098	16,731	12,516	5,018	5,033	5,497
Common Stock	1,035	952.94	952.94	952.94	635.29	360
Additional Paid-In Capital	9,326	6,068	6,321	6,324	6,677	2,644
Retained Earnings	3,051	3,401	3,290	3,281	2,747	2,092
Comprehensive Income & Other	-64.02	-36.18	10.97	3.08	-1.04	-17.54
Total Common Equity	13,348	10,386	10,574	10,561	10,058	5,078
Minority Interest	256.66	297.46	91.2	38.55	-28.47	-52.61
Shareholders' Equity	13,605	10,683	10,666	10,599	10,030	5,026
Total Liabilities & Equity	32,703	27,414	23,181	15,618	15,063	10,523
Total Debt	9,184	7,122	6,613	2,611	2,676	3,202
Net Cash (Debt)	-1,214	-676.93	577.26	3,636	3,668	-188.2
Net Cash Growth	-	-	-84.12%	-0.88%	-	-
Net Cash Per Share	-1.28	-0.72	0.61	3.81	3.99	-0.23
Filing Date Shares Outstanding	1,035	952.94	952.94	952.94	952.94	810
Total Common Shares Outstanding	1,035	952.94	952.94	952.94	952.94	810
Working Capital	10,841	8,135	8,909	7,878	7,900	3,713
Book Value Per Share	12.89	10.90	11.10	11.08	10.56	6.27
Tangible Book Value	12,192	9,220	9,314	9,976	9,510	4,745
Tangible Book Value Per Share	11.78	9.68	9.77	10.47	9.98	5.86
Buildings	-	1,531	673.77	533.96	509.86	536.29
Machinery	-	1,099	1,032	792.32	656.84	608.01
Construction In Progress	-	128.02	248.46	64.31	0.25	-

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