SHE:301339 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	110.68	138.22	85.47	328.93	161.18	38.14
Trading Asset Securities	3,481	3,396	2,330	2,849	3,429	3,427
Cash & Short-Term Investments	3,591	3,534	2,415	3,178	3,590	3,465
Cash Growth	49.70%	46.33%	-24.02%	-11.47%	3.61%	-0.73%
Accounts Receivable	305.24	260.14	209.31	157.83	146.25	119.74
Other Receivables	353.42	291.41	208.15	318.68	260.83	264.8
Receivables	658.66	551.55	417.46	476.51	407.08	384.53
Inventory	137.44	107.35	97.64	85.51	58.43	49.01
Other Current Assets	21.05	20.87	19.9	15.25	18.58	15.09
Total Current Assets	4,409	4,214	2,950	3,756	4,074	3,914
Property, Plant & Equipment	477.65	477.73	418.33	359.88	266.95	274.65
Long-Term Investments	86.81	1,107	2,080	1,332	775.43	10
Goodwill	20.75	20.75	10.59	10.59	10.59	13.74
Other Intangible Assets	30.22	33.23	29.28	30.67	22.59	15.18
Long-Term Accounts Receivable	-	10.06	7.86	4.61	-	-
Long-Term Deferred Tax Assets	27.28	25.73	17.55	12.04	7.75	4.21
Long-Term Deferred Charges	5.91	4.89	7.14	12.14	17.44	27.16
Other Long-Term Assets	883.65	0.43	3.69	8.31	34.24	11.33
Total Assets	5,941	5,894	5,525	5,526	5,209	4,270
Accounts Payable	288.92	301.83	210.71	185.35	125.97	133.98
Accrued Expenses	14.37	31.63	29.88	33.59	30.27	21.47
Current Portion of Leases	12.3	9.82	9.26	7.53	6.94	4.84
Current Income Taxes Payable	29.04	21.04	7.2	4.33	6.79	10.99
Current Unearned Revenue	67.43	64.62	16.04	38.06	36.56	38.04
Other Current Liabilities	2,554	2,555	2,418	2,540	2,459	2,707
Total Current Liabilities	2,966	2,984	2,691	2,809	2,665	2,917
Long-Term Leases	31.14	21.9	5.6	11.1	14.67	16.37
Long-Term Unearned Revenue	9.08	9.26	-	-	0.02	0.08
Long-Term Deferred Tax Liabilities	17.64	16.63	21.02	13.69	3.69	1.37
Other Long-Term Liabilities	1.8	4.39	4.56	3.07	3.56	4.36
Total Liabilities	3,026	3,037	2,722	2,837	2,687	2,939
Common Stock	580.33	580.33	414.52	407	407	347
Additional Paid-In Capital	1,435	1,429	1,564	1,491	1,491	521.4
Retained Earnings	824.5	771.76	770.45	682.86	560.69	409.73
Treasury Stock	-62.37	-62.37	-66.36	-	-	-
Comprehensive Income & Other	34	34	34	34	-	-
Total Common Equity	2,812	2,753	2,717	2,615	2,459	1,278
Minority Interest	103.02	104.58	85.94	74.3	62.98	53.07
Shareholders' Equity	2,915	2,857	2,803	2,689	2,522	1,331
Total Liabilities & Equity	5,941	5,894	5,525	5,526	5,209	4,270
Total Debt	43.44	31.72	14.86	18.63	21.61	21.21
Net Cash (Debt)	3,548	3,502	2,400	3,160	3,569	3,444
Net Cash Growth	48.59%	45.92%	-24.04%	-11.46%	3.62%	-1.33%
Net Cash Per Share	6.12	6.04	4.21	5.54	7.04	7.09
Filing Date Shares Outstanding	580.33	580.33	580.33	569.8	569.8	485.8
Total Common Shares Outstanding	580.33	580.33	580.33	569.8	569.8	485.8
Working Capital	1,442	1,229	259.11	946.91	1,409	997.11
Book Value Per Share	4.85	4.74	4.68	4.59	4.32	2.63
Tangible Book Value	2,761	2,699	2,677	2,574	2,426	1,249
Tangible Book Value Per Share	4.76	4.65	4.61	4.52	4.26	2.57
Buildings	-	240.65	240.65	240.65	240.65	240.65
Machinery	-	348.12	214.51	160.94	46.75	43.83
Construction In Progress	-	11.9	47.08	-	-	-

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