SHE:000028 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	5,179	7,802	7,409	6,502	6,016	5,126
Cash & Short-Term Investments	5,179	7,802	7,409	6,502	6,016	5,126
Cash Growth	-6.54%	5.32%	13.94%	8.08%	17.37%	-18.44%
Accounts Receivable	25,436	22,939	21,118	20,235	16,202	17,701
Other Receivables	611.95	132.22	146.41	265.56	66.85	87.26
Receivables	26,048	23,071	21,294	20,539	16,306	17,855
Inventory	8,474	8,122	7,406	7,989	7,836	7,622
Other Current Assets	607.2	1,200	1,467	1,340	1,550	1,246
Total Current Assets	40,308	40,196	37,576	36,370	31,708	31,848
Property, Plant & Equipment	2,558	2,692	3,479	3,724	3,407	3,494
Long-Term Investments	3,346	3,278	3,080	2,947	2,799	2,658
Goodwill	1,605	1,605	1,859	2,747	2,750	2,776
Other Intangible Assets	397.96	406.69	479.54	615.59	647.52	669.93
Long-Term Accounts Receivable	-	1.72	12.93	15.91	13.68	16.59
Long-Term Deferred Tax Assets	322.3	308.72	249.41	220.48	185.25	129.74
Long-Term Deferred Charges	309.17	335.23	467.67	526.58	572.55	633.98
Other Long-Term Assets	277.64	273.09	352.1	404.42	532.4	557.38
Total Assets	49,124	49,096	47,556	47,571	42,616	42,784
Accounts Payable	20,518	20,516	18,100	17,952	15,233	16,718
Accrued Expenses	202.91	666.7	779.14	760.58	998.17	753.2
Short-Term Debt	2,522	2,855	3,422	2,903	2,133	2,490
Current Portion of Long-Term Debt	710.9	-	-	17	45.14	-
Current Portion of Leases	-	740.45	944.37	1,002	867.85	848.33
Current Income Taxes Payable	328.23	171.63	128.03	205.9	237.8	178.87
Current Unearned Revenue	361.49	387.21	349.74	456.3	586.96	450.59
Other Current Liabilities	1,253	768.63	1,079	1,041	926.05	939.8
Total Current Liabilities	25,898	26,105	24,802	24,338	21,028	22,379
Long-Term Debt	-	-	-	-	17.5	71.64
Long-Term Leases	862.2	912.18	1,371	1,452	1,327	1,375
Long-Term Unearned Revenue	67.71	69.28	69.48	74.97	80.91	87.72
Pension & Post-Retirement Benefits	-	0.61	0.71	0.77	0.86	1.2
Long-Term Deferred Tax Liabilities	89.59	93.87	114.5	146.05	156.48	175.95
Other Long-Term Liabilities	293.98	290.7	441.99	581.45	560.3	670.52
Total Liabilities	27,211	27,472	26,800	26,593	23,171	24,761
Common Stock	556.57	556.57	556.57	556.57	428.13	428.13
Additional Paid-In Capital	4,268	4,268	4,261	4,261	4,357	4,372
Retained Earnings	14,074	13,786	12,854	12,590	11,333	10,103
Comprehensive Income & Other	-0.28	-0.28	-1.45	7.87	7.91	21.87
Total Common Equity	18,897	18,610	17,670	17,415	16,126	14,925
Minority Interest	3,015	3,015	3,086	3,563	3,319	3,097
Shareholders' Equity	21,913	21,624	20,755	20,978	19,445	18,022
Total Liabilities & Equity	49,124	49,096	47,556	47,571	42,616	42,784
Total Debt	4,096	4,507	5,737	5,374	4,391	4,786
Net Cash (Debt)	1,084	3,295	1,671	1,129	1,626	340.48
Net Cash Growth	-	97.18%	48.07%	-30.58%	377.51%	-82.99%
Net Cash Per Share	1.95	5.92	2.99	2.03	2.92	0.61
Filing Date Shares Outstanding	552.81	556.57	556.57	556.57	556.57	556.57
Total Common Shares Outstanding	552.81	556.57	556.57	556.57	556.57	556.57
Working Capital	14,411	14,091	12,774	12,032	10,681	9,469
Book Value Per Share	34.18	33.44	31.75	31.29	28.97	26.82
Tangible Book Value	16,895	16,598	15,331	14,053	12,728	11,479
Tangible Book Value Per Share	30.56	29.82	27.55	25.25	22.87	20.63
Buildings	-	806.56	807.91	741.11	738.01	725.86
Machinery	-	1,414	1,396	1,294	1,132	1,027
Construction In Progress	-	21.66	12.6	35.44	35.17	49.85

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