SHE:301584 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,598	1,856	1,788	1,487	1,051	577.97
Trading Asset Securities	-	70.81	-	-	-	-
Cash & Short-Term Investments	1,598	1,927	1,788	1,487	1,051	577.97
Cash Growth	-10.64%	7.75%	20.24%	41.54%	81.80%	-15.22%
Accounts Receivable	8,761	8,062	6,593	6,152	5,392	5,141
Other Receivables	199.38	132.77	142.83	145.81	75.3	1.48
Receivables	8,961	8,195	6,736	6,298	5,468	5,142
Inventory	3,348	3,447	3,479	2,513	1,841	1,229
Prepaid Expenses	-	0.2	0.11	-	-	-
Other Current Assets	817.57	651.17	593.05	448.18	419	430.07
Total Current Assets	14,724	14,220	12,596	10,746	8,778	7,379
Property, Plant & Equipment	255.55	270.14	289.54	236.6	135.71	104.07
Goodwill	37.31	37.31	40.2	40.2	37.31	37.31
Other Intangible Assets	7.41	7.13	5.73	7.33	7.37	7.92
Long-Term Accounts Receivable	-	14.36	22.22	14.25	4.14	23.44
Long-Term Deferred Tax Assets	99.62	101.9	80.05	72.01	69.62	48.46
Long-Term Deferred Charges	74.67	82.85	75.99	46.81	19.96	4.47
Other Long-Term Assets	19.77	18.95	2.74	8.26	4.5	-
Total Assets	15,218	14,752	13,112	11,171	9,057	7,605
Accounts Payable	8,193	7,817	6,315	5,230	4,562	4,829
Accrued Expenses	71.07	279.06	217.45	209.15	177.39	150.72
Short-Term Debt	3,439	3,459	3,854	3,528	2,388	1,027
Current Portion of Long-Term Debt	19.64	23.2	46.29	-	-	154.06
Current Portion of Leases	-	44.52	51.94	-	-	24.51
Current Income Taxes Payable	112.65	37.49	34.46	32.02	28.83	26.47
Current Unearned Revenue	493.87	418.65	558.46	405.48	414.89	182.06
Other Current Liabilities	282.85	149.09	166.07	201.25	177.45	86.37
Total Current Liabilities	12,612	12,228	11,243	9,606	7,749	6,481
Long-Term Debt	-	-	23.18	69.53	115.88	89.22
Long-Term Leases	76.49	60.79	68.68	63.12	48.16	27.94
Long-Term Unearned Revenue	0.1	-	0.01	0.05	-	-
Long-Term Deferred Tax Liabilities	0.24	0.27	0.63	1.28	0.02	0.47
Other Long-Term Liabilities	-	-	-	-	1.21	13.97
Total Liabilities	12,689	12,289	11,335	9,740	7,914	6,612
Common Stock	421.29	421.29	358.1	358.1	358.1	358.1
Additional Paid-In Capital	327.62	345.2	38.23	36.71	31.36	26.28
Retained Earnings	1,420	1,355	1,085	856.59	660.29	557.63
Total Common Equity	2,169	2,121	1,481	1,251	1,050	942.01
Minority Interest	361.02	342.16	295.37	179.95	92.73	50.94
Shareholders' Equity	2,530	2,463	1,777	1,431	1,142	992.95
Total Liabilities & Equity	15,218	14,752	13,112	11,171	9,057	7,605
Total Debt	3,535	3,588	4,044	3,661	2,552	1,323
Net Cash (Debt)	-1,937	-1,661	-2,256	-2,174	-1,501	-744.9
Net Cash Per Share	-4.84	-4.37	-6.32	-6.09	-4.22	-2.10
Filing Date Shares Outstanding	434.52	421.29	358.1	356.92	355.67	358.1
Total Common Shares Outstanding	434.52	421.29	358.1	356.92	355.67	358.1
Working Capital	2,112	1,992	1,353	1,140	1,029	898.88
Book Value Per Share	4.99	5.03	4.14	3.51	2.95	2.63
Tangible Book Value	2,124	2,077	1,435	1,204	1,005	896.78
Tangible Book Value Per Share	4.89	4.93	4.01	3.37	2.83	2.50
Buildings	-	43.63	45.33	45.33	45.33	45.33
Machinery	-	229.64	192.42	116.86	35.6	14.13
Construction In Progress	-	0.9	1.41	1.13	-	1.54