SHE:000028 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	7,409	6,502	6,016	5,126
Cash & Short-Term Investments	5,646	7,409	6,502	6,016	5,126
Cash Growth	-23.79%	13.94%	8.08%	17.37%	-18.44%
Accounts Receivable	-	21,118	20,235	16,202	17,701
Other Receivables	-	146.41	265.56	66.85	87.26
Receivables	-	21,298	20,539	16,306	17,855
Inventory	-	7,406	7,989	7,836	7,622
Other Current Assets	-	1,464	1,340	1,550	1,246
Total Current Assets	-	37,576	36,370	31,708	31,848
Property, Plant & Equipment	-	3,479	3,724	3,407	3,494
Long-Term Investments	-	3,080	2,947	2,799	2,658
Goodwill	-	1,859	2,747	2,750	2,776
Other Intangible Assets	-	479.54	615.59	647.52	669.93
Long-Term Accounts Receivable	-	12.93	15.91	13.68	16.59
Long-Term Deferred Tax Assets	-	249.41	220.48	185.25	129.74
Long-Term Deferred Charges	-	467.67	526.58	572.55	633.98
Other Long-Term Assets	-	352.1	404.42	532.4	557.38
Total Assets	-	47,556	47,571	42,616	42,784
Accounts Payable	-	18,100	17,952	15,233	16,718
Accrued Expenses	-	779.14	760.58	998.17	753.2
Short-Term Debt	-	3,422	2,903	2,133	2,490
Current Portion of Long-Term Debt	-	-	17	45.14	-
Current Portion of Leases	-	944.37	1,002	867.85	848.33
Current Income Taxes Payable	-	128.03	205.9	237.8	178.87
Current Unearned Revenue	-	349.74	456.3	586.96	450.59
Other Current Liabilities	-	1,079	1,041	926.05	939.8
Total Current Liabilities	-	24,802	24,338	21,028	22,379
Long-Term Debt	-	-	-	17.5	71.64
Long-Term Leases	-	1,371	1,452	1,327	1,375
Long-Term Unearned Revenue	-	69.48	74.97	80.91	87.72
Pension & Post-Retirement Benefits	-	0.71	0.77	0.86	1.2
Long-Term Deferred Tax Liabilities	-	114.5	146.05	156.48	175.95
Other Long-Term Liabilities	-	441.99	581.45	560.3	670.52
Total Liabilities	-	26,800	26,593	23,171	24,761
Common Stock	-	556.57	556.57	428.13	428.13
Additional Paid-In Capital	-	4,261	4,261	4,357	4,372
Retained Earnings	-	12,854	12,590	11,333	10,103
Comprehensive Income & Other	-	-1.45	7.87	7.91	21.87
Total Common Equity	18,430	17,670	17,415	16,126	14,925
Minority Interest	-	3,086	3,563	3,319	3,097
Shareholders' Equity	21,546	20,755	20,978	19,445	18,022
Total Liabilities & Equity	-	47,556	47,571	42,616	42,784
Total Debt	5,388	5,737	5,374	4,391	4,786
Net Cash (Debt)	257.54	1,671	1,129	1,626	340.48
Net Cash Growth	-84.59%	48.07%	-30.58%	377.51%	-82.99%
Net Cash Per Share	0.46	3.00	2.03	2.92	0.61
Filing Date Shares Outstanding	556.57	556.57	556.57	556.57	556.57
Total Common Shares Outstanding	556.57	556.57	556.57	556.57	556.57
Working Capital	-	12,774	12,032	10,681	9,469
Book Value Per Share	33.11	31.75	31.29	28.97	26.82
Tangible Book Value	16,122	15,331	14,053	12,728	11,479
Tangible Book Value Per Share	28.97	27.55	25.25	22.87	20.63
Buildings	-	807.91	741.11	738.01	725.86
Machinery	-	1,396	1,294	1,132	1,027
Construction In Progress	-	12.6	35.44	35.17	49.85

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.