SHE:301305 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,141	1,024	1,005	1,225	475.82	416.23
Trading Asset Securities	40.05	-	50	175.38	-	0
Cash & Short-Term Investments	1,181	1,024	1,055	1,400	475.82	416.23
Cash Growth	15.90%	-2.93%	-24.67%	194.21%	14.32%	-1.64%
Accounts Receivable	637.77	616.81	607.7	613.39	423.89	313.07
Other Receivables	7.19	11.37	9.37	8.39	6.06	7.61
Receivables	644.96	628.18	617.08	621.78	429.95	320.68
Inventory	179.84	164.1	59.72	180.69	69.04	39.59
Other Current Assets	150.15	156.34	164.9	153.05	128.29	139.3
Total Current Assets	2,156	1,972	1,896	2,355	1,103	915.8
Property, Plant & Equipment	744.9	720.1	665.48	570.85	550.07	520.82
Long-Term Investments	36.75	33.75	20.65	12.25	4.3	4.3
Other Intangible Assets	3,287	3,231	3,152	2,832	2,669	2,534
Long-Term Accounts Receivable	-	102.48	106.35	-	-	-
Long-Term Deferred Tax Assets	41.99	40.78	33.85	19.27	11.6	6.8
Long-Term Deferred Charges	7.36	7.29	8.03	5.92	2.45	2.16
Other Long-Term Assets	212.88	81.66	54.56	161.07	119	151.85
Total Assets	6,487	6,189	5,937	5,956	4,459	4,135
Accounts Payable	201.33	135.85	91.09	144.21	114	118.74
Accrued Expenses	32.35	91.39	144.34	97.14	85.55	87.9
Short-Term Debt	-	0.5	0.88	2	-	30.05
Current Portion of Long-Term Debt	163.51	159.78	142.1	167.66	147.25	115.62
Current Portion of Leases	-	0.81	1.11	1.73	0.25	0.23
Current Income Taxes Payable	32.36	17.48	8.61	2.47	6.74	4.23
Current Unearned Revenue	21.4	19.77	26.09	0.68	5.03	0.36
Other Current Liabilities	71.43	85.16	117.4	167.58	159.15	196.34
Total Current Liabilities	522.38	510.74	531.63	583.47	517.97	553.48
Long-Term Debt	1,725	1,567	1,554	1,716	1,862	1,798
Long-Term Leases	0.25	0.05	0.68	1.79	0.11	0.36
Long-Term Unearned Revenue	131.47	107.62	83.6	88.23	92.87	67.02
Long-Term Deferred Tax Liabilities	3.53	3.59	9.1	8.39	10.24	10.57
Other Long-Term Liabilities	108.94	103.09	78.93	56.74	37.01	19.43
Total Liabilities	2,492	2,292	2,258	2,455	2,520	2,449
Common Stock	241.23	241.23	243.57	243.57	182.68	182.68
Additional Paid-In Capital	2,180	2,180	2,218	2,194	830.05	830.05
Retained Earnings	1,465	1,372	1,155	963.22	833.07	590.54
Treasury Stock	-	-	-49.1	-	-	-
Comprehensive Income & Other	0.77	0.53	0.16	-	-	-
Total Common Equity	3,888	3,793	3,567	3,401	1,846	1,603
Minority Interest	107.15	103.67	111.84	100.94	93.58	82.68
Shareholders' Equity	3,995	3,897	3,679	3,502	1,939	1,686
Total Liabilities & Equity	6,487	6,189	5,937	5,956	4,459	4,135
Total Debt	1,889	1,728	1,699	1,889	2,009	1,945
Net Cash (Debt)	-707.89	-704.77	-644.2	-489.35	-1,534	-1,528
Net Cash Per Share	-2.94	-2.93	-2.66	-2.24	-8.40	-8.37
Filing Date Shares Outstanding	241.23	241.23	240.67	243.57	182.68	182.68
Total Common Shares Outstanding	241.23	241.23	240.67	243.57	182.68	182.68
Working Capital	1,634	1,462	1,365	1,772	585.14	362.33
Book Value Per Share	16.12	15.73	14.82	13.96	10.10	8.78
Tangible Book Value	600.97	562.28	415.42	569.15	-823	-930.24
Tangible Book Value Per Share	2.49	2.33	1.73	2.34	-4.51	-5.09
Buildings	-	311.47	255.81	228.86	227.4	209.74
Machinery	-	612.97	542.31	494.03	441.55	403.3
Construction In Progress	-	103.28	127.42	66.89	58.47	39.74

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