SHE:301376 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	723.34	666.68	687.05	726.22	1,039	513.12
Short-Term Investments	-	-	411.49	277.15	87.96	94.02
Trading Asset Securities	507.49	575.63	387.56	460.64	6.65	15.75
Cash & Short-Term Investments	1,231	1,242	1,486	1,464	1,134	622.89
Cash Growth	-5.52%	-16.41%	1.51%	29.12%	82.03%	97.42%
Accounts Receivable	826.74	749	282.71	190.46	143.18	125.22
Other Receivables	237.13	280.33	109.84	130.75	49.02	67.75
Receivables	1,064	1,029	392.55	321.22	192.2	192.97
Inventory	1,476	1,277	1,324	879.47	689	1,052
Other Current Assets	1,537	1,476	400.75	492.74	187.8	231.72
Total Current Assets	5,308	5,025	3,603	3,157	2,203	2,099
Property, Plant & Equipment	922.19	941.88	845.86	762.55	837.28	934.62
Long-Term Investments	411.06	514.35	1,619	1,540	323.88	268.42
Other Intangible Assets	68.15	15.4	12.46	9.78	8.93	7.3
Long-Term Deferred Tax Assets	81.12	72.17	67.29	56.98	35.07	30.55
Long-Term Deferred Charges	6.09	7.2	10.3	4.8	1.85	2.13
Other Long-Term Assets	232.64	248.12	113.72	49.91	67.73	83.22
Total Assets	7,029	6,825	6,272	5,581	3,478	3,426
Accounts Payable	546.6	536.47	496.54	391.41	241.55	293.82
Accrued Expenses	42.11	81.56	292.34	245.62	142.42	207.69
Short-Term Debt	1,499	1,297	1,284	912.12	340.95	380.02
Current Portion of Long-Term Debt	163.8	180.28	-	-	-	-
Current Portion of Leases	-	-	158.29	147.31	121.2	99.1
Current Income Taxes Payable	135.94	126.72	21.51	28.28	19.76	10.93
Current Unearned Revenue	28.55	24.99	41.16	53.79	44.43	54.49
Other Current Liabilities	255.04	251.01	54.86	30.57	27.2	18.98
Total Current Liabilities	2,671	2,498	2,349	1,809	937.51	1,065
Long-Term Debt	24.62	38.13	-	-	-	-
Long-Term Leases	897.56	910.99	685.68	649.77	732.6	817.44
Long-Term Deferred Tax Liabilities	0.32	-	-	-	0.28	3.13
Other Long-Term Liabilities	-	-	10.17	1.49	-	-
Total Liabilities	3,593	3,447	3,045	2,460	1,670	1,886
Common Stock	402.47	402.47	401.5	401.5	361.35	361.35
Additional Paid-In Capital	1,520	1,520	1,521	1,504	651.84	651.84
Retained Earnings	1,542	1,466	1,291	1,198	785.14	535.03
Treasury Stock	-43.87	-43.87	-	-	-	-
Comprehensive Income & Other	15.65	31.89	14.31	17.68	8.85	-8.26
Shareholders' Equity	3,436	3,377	3,227	3,121	1,807	1,540
Total Liabilities & Equity	7,029	6,825	6,272	5,581	3,478	3,426
Total Debt	2,585	2,427	2,128	1,709	1,195	1,297
Net Cash (Debt)	-1,354	-1,184	-641.96	-245.2	-60.92	-673.66
Net Cash Per Share	-3.39	-2.96	-1.60	-0.64	-0.17	-1.86
Filing Date Shares Outstanding	395.71	400.2	399.95	401.5	361.35	361.35
Total Common Shares Outstanding	395.71	400.2	401.5	401.5	361.35	361.35
Working Capital	2,637	2,527	1,254	1,348	1,265	1,034
Book Value Per Share	8.68	8.44	8.04	7.77	5.00	4.26
Tangible Book Value	3,368	3,362	3,215	3,111	1,798	1,533
Tangible Book Value Per Share	8.51	8.40	8.01	7.75	4.98	4.24
Machinery	-	-	85.83	62.43	56.53	45.24
Construction In Progress	-	-	0.48	-	-	2.96

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