SHE:301656 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	2,136	2,967	1,826	1,411	1,072	387.42
Short-Term Investments	172.68	171.5	54.86	53.4	-	-
Trading Asset Securities	4,307	4,482	1,397	71.59	780.96	30.13
Cash & Short-Term Investments	6,616	7,620	3,278	1,536	1,853	417.55
Cash Growth	101.82%	132.48%	113.46%	-17.11%	343.68%	-
Accounts Receivable	6,122	6,985	6,915	4,847	2,859	2,254
Other Receivables	32.21	36.39	19.78	43.71	10.3	3.05
Receivables	6,155	7,022	6,935	4,891	2,870	2,257
Inventory	3,976	3,613	3,024	2,356	1,866	890.72
Other Current Assets	312.8	218.83	74.43	259	310.66	140.83
Total Current Assets	17,059	18,474	13,312	9,042	6,899	3,706
Property, Plant & Equipment	5,450	5,330	3,180	2,308	1,406	550.07
Long-Term Investments	70.62	793.53	398.06	181.23	100.26	50
Other Intangible Assets	219.88	225.27	161.56	132.83	117.81	53.76
Long-Term Accounts Receivable	-	52.8	57.82	31.83	20.05	16.12
Long-Term Deferred Tax Assets	492.38	415.71	360.41	315.52	217.26	100.7
Long-Term Deferred Charges	194.71	203.8	30.96	11.09	5.6	-
Other Long-Term Assets	1,237	303.47	571.25	274.42	321.09	137.8
Total Assets	24,723	25,798	18,072	12,297	9,087	4,615
Accounts Payable	12,339	12,667	10,019	6,806	4,002	2,206
Accrued Expenses	470.59	531.74	830.21	555.37	231.83	91.25
Short-Term Debt	-	800.19	16.1	-	274.01	-
Current Portion of Leases	-	90.13	48.9	16.65	16.1	8.42
Current Income Taxes Payable	85.78	14.09	53.86	20.79	-	-
Current Unearned Revenue	74.7	85.15	291.86	149.78	218.27	105.09
Other Current Liabilities	640.06	742.21	366.52	278.24	933.64	643.44
Total Current Liabilities	13,708	14,930	11,626	7,826	5,676	3,054
Long-Term Debt	550.77	479.9	874.06	215.74	-	-
Long-Term Leases	116.2	105.35	108.42	38.16	34.57	33.26
Long-Term Unearned Revenue	136.26	136.62	131.89	37.98	28.84	0.67
Long-Term Deferred Tax Liabilities	-	-	0	12.91	-	-
Other Long-Term Liabilities	564.38	547.96	495.6	285.52	194.88	162.02
Total Liabilities	15,076	16,200	13,236	8,417	5,934	3,250
Common Stock	2,405	2,405	2,116	2,116	2,000	1,100
Additional Paid-In Capital	4,753	4,742	1,425	1,394	1,582	514.54
Retained Earnings	2,487	2,438	1,305	369.14	-428.54	-249.59
Comprehensive Income & Other	2.46	12.69	-9.97	0.39	-	-
Total Common Equity	9,647	9,598	4,836	3,880	3,153	1,365
Minority Interest	-	-	-	-	-	-0.02
Shareholders' Equity	9,647	9,598	4,836	3,880	3,153	1,365
Total Liabilities & Equity	24,723	25,798	18,072	12,297	9,087	4,615
Total Debt	765.46	1,476	1,047	270.55	324.68	41.68
Net Cash (Debt)	5,850	6,145	2,230	1,265	1,528	375.88
Net Cash Growth	162.29%	175.50%	76.31%	-17.20%	306.49%	-
Net Cash Per Share	2.51	2.71	1.05	0.60	-	-
Filing Date Shares Outstanding	2,405	2,405	2,116	2,116	-	-
Total Common Shares Outstanding	2,405	2,405	2,116	2,116	-	-
Working Capital	3,351	3,543	1,686	1,215	1,224	652.42
Book Value Per Share	4.01	3.99	2.29	1.83	-	-
Tangible Book Value	9,427	9,373	4,674	3,747	3,036	1,311
Tangible Book Value Per Share	3.92	3.90	2.21	1.77	-	-
Buildings	-	693.09	519.1	486.74	179.45	-
Machinery	-	4,737	2,845	1,784	969.14	523.5
Construction In Progress	-	802.56	315.81	396.62	456.79	140.86