SHE:301632 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	931.57	1,146	742.53	722.31	769.37	893.25
Short-Term Investments	-	30.03	-	-	-	-
Trading Asset Securities	170.34	75.12	45.17	60	135	130
Cash & Short-Term Investments	1,102	1,251	787.71	782.31	904.37	1,023
Cash Growth	57.40%	58.86%	0.69%	-13.50%	-11.62%	-11.94%
Accounts Receivable	955.13	912.1	770.42	650.32	485.19	279.62
Other Receivables	22.73	24.67	23.94	22.82	21.4	19.32
Receivables	977.85	936.77	794.35	673.14	506.59	298.94
Inventory	50.26	42.06	34.74	34.77	48.08	58.77
Prepaid Expenses	-	24.52	11.85	12.86	8.44	-
Other Current Assets	43.48	14.32	23.61	18.23	15.07	18.31
Total Current Assets	2,174	2,269	1,652	1,521	1,483	1,399
Property, Plant & Equipment	728.57	739.7	645.28	569.08	513.61	542.15
Long-Term Investments	39.6	36.36	36.97	49.6	69.5	56.06
Other Intangible Assets	347.99	347.67	348.11	353.18	358.19	368.84
Long-Term Deferred Tax Assets	77.89	76.94	64.04	47.46	37.79	29.88
Long-Term Deferred Charges	18.77	18.43	12.99	16.06	25.84	29.38
Other Long-Term Assets	165.73	141.9	27.08	42.19	4.28	9.17
Total Assets	3,552	3,630	2,787	2,599	2,492	2,435
Accounts Payable	327.84	385.2	313.49	254.98	160.83	143.94
Accrued Expenses	34.46	65.84	46.3	59.87	74.69	70.95
Current Portion of Leases	-	14.69	12.27	13.38	13.04	-
Current Income Taxes Payable	8.63	17.43	20.02	14.5	9.66	10.9
Current Unearned Revenue	212.4	208.12	230.96	211.28	217.02	216.55
Other Current Liabilities	120.26	107.52	81.14	64.86	50.55	80.23
Total Current Liabilities	715.92	798.8	704.17	618.88	525.79	522.57
Long-Term Leases	38.97	39.79	35.45	26.11	28.78	35.34
Long-Term Unearned Revenue	1.23	1.23	1.2	1.26	1.33	3.14
Long-Term Deferred Tax Liabilities	3.53	3.01	2.8	4.26	7.15	5.13
Total Liabilities	759.65	842.82	743.62	650.5	563.05	566.19
Common Stock	418.56	418.56	313.9	313.9	313.9	313.9
Additional Paid-In Capital	1,371	1,371	846.56	846.56	846.56	846.56
Retained Earnings	966.37	962.88	846.66	739.53	703.11	679.07
Comprehensive Income & Other	14.93	12.23	12.8	23.54	40.45	29.03
Total Common Equity	2,771	2,765	2,020	1,924	1,904	1,869
Minority Interest	21.48	22.41	23.18	24.84	24.7	-
Shareholders' Equity	2,792	2,787	2,043	1,948	1,929	1,869
Total Liabilities & Equity	3,552	3,630	2,787	2,599	2,492	2,435
Total Debt	51.31	54.48	47.72	39.49	41.83	35.34
Net Cash (Debt)	1,051	1,197	739.99	742.82	862.54	987.9
Net Cash Growth	60.66%	61.74%	-0.38%	-13.88%	-12.69%	-14.90%
Net Cash Per Share	2.84	3.40	2.35	2.37	2.75	3.14
Filing Date Shares Outstanding	420.8	418.56	313.9	313.9	313.9	313.9
Total Common Shares Outstanding	420.8	418.56	313.9	313.9	313.9	313.9
Working Capital	1,458	1,470	948.09	902.43	956.76	876.71
Book Value Per Share	6.58	6.61	6.43	6.13	6.07	5.95
Tangible Book Value	2,423	2,417	1,672	1,570	1,546	1,500
Tangible Book Value Per Share	5.76	5.77	5.33	5.00	4.92	4.78
Buildings	-	356.51	356.51	356.51	356.51	-
Machinery	-	425.66	403.93	350.72	340.6	-
Construction In Progress	-	261.3	154.89	78.33	2.34	-

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