SHE:301246 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	317.19	472.74	745.59	421.86	395.19	120.43
Short-Term Investments	-	-	379.25	292.31	90	-
Trading Asset Securities	1,275	1,128	900.32	1,466	-	-
Cash & Short-Term Investments	1,592	1,601	2,025	2,180	485.19	120.43
Cash Growth	-1.77%	-20.95%	-7.10%	349.31%	302.89%	-55.02%
Accounts Receivable	987.34	904.42	559.44	602.64	660.21	458.16
Other Receivables	47.02	46.7	79.89	141.67	87.6	45.85
Receivables	1,034	951.12	639.33	744.3	747.8	504.01
Inventory	334.9	319.01	270.53	191.51	352.95	384.48
Other Current Assets	379.11	425.86	111.34	86.43	78.98	20.72
Total Current Assets	3,341	3,297	3,046	3,202	1,665	1,030
Property, Plant & Equipment	2,333	2,364	2,292	1,910	1,620	891.27
Long-Term Investments	230.56	211.24	203.64	228.08	335.12	242.35
Other Intangible Assets	177.47	178.84	181.89	183.06	173.62	194.15
Long-Term Deferred Tax Assets	19.63	19.66	17.26	17.56	21.22	17.72
Long-Term Deferred Charges	3.57	4.08	5.52	5.95	6.86	11.98
Other Long-Term Assets	178.57	89.59	78.06	103.9	53.27	45.14
Total Assets	6,283	6,165	5,825	5,651	3,875	2,432
Accounts Payable	725.61	798.99	777.27	636.79	934.95	340.92
Accrued Expenses	13.95	34.08	55.28	57.54	65.7	57.98
Short-Term Debt	70.74	60.04	59.32	-	17.64	20.1
Current Portion of Long-Term Debt	99.43	96.57	77.01	65.9	66.09	2.84
Current Portion of Leases	-	-	0.74	0.6	0.56	0.53
Current Income Taxes Payable	28.89	27.23	3.56	1.15	38.29	45.65
Current Unearned Revenue	30.04	19.79	13.87	19.8	31.01	29.66
Other Current Liabilities	189.51	204.51	148.94	133.04	165.66	120.05
Total Current Liabilities	1,158	1,241	1,136	914.83	1,320	617.73
Long-Term Debt	424.67	368.34	230.36	276.12	341.67	47.22
Long-Term Leases	6.33	6.42	7.16	6.9	8.19	8.23
Long-Term Unearned Revenue	64.81	68.08	68.64	71.55	70.45	60.8
Long-Term Deferred Tax Liabilities	21.83	21.73	21.62	21.54	21.31	20.3
Total Liabilities	1,676	1,706	1,464	1,291	1,762	754.27
Common Stock	400.01	400.01	400.01	400.01	352.75	352.75
Additional Paid-In Capital	2,181	2,177	2,172	2,172	22.15	20.62
Retained Earnings	2,069	1,925	1,818	1,786	1,739	1,304
Treasury Stock	-47.15	-47.15	-32.8	-	-	-
Comprehensive Income & Other	5.53	4.97	3.37	1.89	0	0.46
Total Common Equity	4,608	4,460	4,361	4,360	2,114	1,678
Minority Interest	-0.88	-0.73	0.47	-	-	-
Shareholders' Equity	4,608	4,459	4,361	4,360	2,114	1,678
Total Liabilities & Equity	6,283	6,165	5,825	5,651	3,875	2,432
Total Debt	601.17	531.36	374.59	349.51	434.14	78.92
Net Cash (Debt)	991.06	1,070	1,651	1,831	51.05	41.51
Net Cash Growth	-13.10%	-35.20%	-9.83%	3485.91%	22.99%	-62.14%
Net Cash Per Share	2.50	2.69	4.14	4.72	0.14	0.12
Filing Date Shares Outstanding	396.78	409.17	396.81	399.9	400.01	352.75
Total Common Shares Outstanding	396.78	409.17	397.89	400.01	352.75	352.75
Working Capital	2,182	2,056	1,910	2,287	345.02	411.91
Book Value Per Share	11.61	10.90	10.96	10.90	5.99	4.76
Tangible Book Value	4,431	4,281	4,179	4,177	1,940	1,484
Tangible Book Value Per Share	11.17	10.46	10.50	10.44	5.50	4.21
Buildings	-	-	833.02	719.62	395.96	329.31
Machinery	-	-	1,649	1,470	782.58	657
Construction In Progress	-	-	630.57	375.86	946.39	334.11

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