SHE:301327 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	1,907	922.92	1,098	1,789	6,204	446.88
Short-Term Investments	-	1,253	1,089	815.41	-	-
Trading Asset Securities	2,121	3,095	4,099	3,342	0	-
Cash & Short-Term Investments	4,027	5,271	6,287	5,946	6,204	446.88
Cash Growth	-13.92%	-16.17%	5.74%	-4.17%	1288.30%	91.64%
Accounts Receivable	203.72	124.48	113.57	82.99	74.81	74.12
Other Receivables	24.92	33.98	78.08	24.18	11.71	28.71
Receivables	228.64	158.46	191.65	107.17	86.52	102.82
Inventory	1,148	1,149	773.33	572.54	851.39	632.09
Prepaid Expenses	-	-	0.39	0.43	-	0.64
Other Current Assets	1,190	148.77	72.95	102.73	136.91	66.13
Total Current Assets	6,594	6,727	7,325	6,728	7,279	1,249
Property, Plant & Equipment	223.89	209.58	206.1	160.88	156.82	87.48
Long-Term Investments	-	30	-	-	-	-
Goodwill	0.59	0.59	0.59	0.59	0.59	0.59
Other Intangible Assets	34.6	35.52	1.62	3.11	0.43	1.33
Long-Term Deferred Tax Assets	59.32	59.99	34.14	57.64	69.79	40.91
Long-Term Deferred Charges	8.95	7.01	18.08	34.36	23.91	11.64
Other Long-Term Assets	70.31	4.31	4.49	5.54	15.32	13.74
Total Assets	6,992	7,074	7,590	6,991	7,546	1,404
Accounts Payable	710.77	702.49	984.51	317.81	695.44	675.82
Accrued Expenses	31.04	169.26	236.61	99.83	146.61	64.51
Short-Term Debt	-	-	13.85	447.58	167.16	49.79
Current Portion of Leases	27.24	22.01	21.69	22.81	27.84	17.74
Current Income Taxes Payable	20.41	3.24	24.63	0.42	19.57	18.8
Current Unearned Revenue	38.33	16.76	10.91	15.17	25.08	16.46
Other Current Liabilities	40.33	65.22	53.05	26.12	4.06	4.23
Total Current Liabilities	868.13	978.97	1,345	929.74	1,086	847.36
Long-Term Leases	22.97	16.17	33.11	30.8	42.16	35.53
Long-Term Unearned Revenue	7.91	6.91	6.14	4.75	3.58	0.51
Long-Term Deferred Tax Liabilities	0.03	0.03	-	0.02	-	-
Other Long-Term Liabilities	-	-	-	-	12.99	9.63
Total Liabilities	899.04	1,002	1,385	965.31	1,144	893.03
Common Stock	174.38	174.38	124.8	124.8	96	71.46
Additional Paid-In Capital	5,539	5,533	5,587	5,583	5,593	17.93
Retained Earnings	435.99	421.82	547.22	342.76	716.44	429.33
Treasury Stock	-50.31	-50.31	-50.31	-20.01	-	-
Comprehensive Income & Other	-6.6	-7.45	-2.51	-4.98	-4.43	-7.51
Total Common Equity	6,093	6,072	6,206	6,025	6,401	511.22
Shareholders' Equity	6,093	6,072	6,206	6,025	6,401	511.22
Total Liabilities & Equity	6,992	7,074	7,590	6,991	7,546	1,404
Total Debt	50.21	38.18	68.66	501.19	237.16	103.07
Net Cash (Debt)	3,977	5,232	6,218	5,444	5,967	343.81
Net Cash Growth	-13.69%	-15.86%	14.21%	-8.76%	1635.51%	56.50%
Net Cash Per Share	23.07	30.50	35.82	31.12	34.17	2.64
Filing Date Shares Outstanding	173.53	173.53	173.53	174.3	174.72	130.05
Total Common Shares Outstanding	173.53	173.53	173.53	174.3	174.72	130.05
Working Capital	5,726	5,748	5,980	5,799	6,193	401.2
Book Value Per Share	35.11	34.99	35.76	34.57	36.64	3.93
Tangible Book Value	6,058	6,036	6,204	6,022	6,400	509.29
Tangible Book Value Per Share	34.91	34.78	35.75	34.55	36.63	3.92
Buildings	-	38.64	39.55	-	-	-
Machinery	-	194.74	161.63	142.25	83.7	37.62
Construction In Progress	-	26.06	10.88	1.73	21.89	4.47

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