SHE:000039 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	24,264	21,621	21,324	17,112	16,443
Trading Asset Securities	1,227	1,359	337.76	1,061	445.43
Cash & Short-Term Investments	25,491	22,980	21,662	18,173	16,888
Cash Growth	10.93%	6.08%	19.20%	7.61%	36.42%
Accounts Receivable	37,036	43,322	31,942	27,571	33,851
Other Receivables	1,733	1,640	1,583	1,332	1,504
Receivables	40,423	47,051	35,391	29,570	37,303
Inventory	18,150	19,736	19,200	18,332	19,837
Other Current Assets	10,370	10,996	12,186	10,910	7,429
Total Current Assets	94,435	100,763	88,440	76,984	81,457
Property, Plant & Equipment	47,211	46,875	45,887	44,813	44,918
Long-Term Investments	12,513	14,381	14,598	13,357	9,967
Goodwill	2,520	2,517	2,654	2,517	2,268
Other Intangible Assets	5,735	5,872	5,874	4,331	4,544
Long-Term Accounts Receivable	-	-	-	-	7,763
Long-Term Deferred Tax Assets	1,750	1,699	1,515	1,107	1,266
Long-Term Deferred Charges	624.55	847.74	884.52	948.96	503.45
Other Long-Term Assets	2,007	1,797	1,912	1,842	1,636
Total Assets	166,796	174,752	161,763	145,900	154,323
Accounts Payable	27,246	28,410	21,850	18,184	21,175
Accrued Expenses	11,925	12,409	10,219	9,922	8,897
Short-Term Debt	9,186	11,764	14,403	4,371	7,205
Current Portion of Long-Term Debt	4,071	3,949	9,293	3,952	11,933
Current Portion of Leases	300.72	261.07	261.24	227.1	439.05
Current Income Taxes Payable	555.04	1,233	532.33	4,063	2,192
Current Unearned Revenue	15,332	14,606	13,064	12,216	7,444
Other Current Liabilities	7,713	8,225	9,362	10,063	10,138
Total Current Liabilities	76,328	80,857	78,985	62,998	69,423
Long-Term Debt	21,101	23,414	15,489	18,121	22,887
Long-Term Leases	882.51	869.38	820.64	732.89	442.04
Long-Term Unearned Revenue	785.87	791.49	1,032	996.37	976.53
Long-Term Deferred Tax Liabilities	532.74	498.98	567.16	290.95	3,611
Other Long-Term Liabilities	353.81	302.07	238.78	104.42	3.61
Total Liabilities	99,985	106,732	97,133	83,244	97,342
Common Stock	5,393	5,393	5,393	5,393	3,595
Additional Paid-In Capital	4,127	4,337	4,549	4,208	5,524
Retained Earnings	37,410	38,118	35,288	35,898	35,215
Treasury Stock	-1,113	-200.1	-	-	-
Comprehensive Income & Other	4,574	3,972	2,629	3,115	784.89
Total Common Equity	50,392	51,619	47,858	48,613	45,119
Minority Interest	16,419	16,400	16,773	14,043	11,861
Shareholders' Equity	66,811	68,020	64,630	62,656	56,980
Total Liabilities & Equity	166,796	174,752	161,763	145,900	154,323
Total Debt	35,541	40,256	40,267	27,404	42,905
Net Cash (Debt)	-10,050	-17,276	-18,605	-9,231	-26,017
Net Cash Per Share	-1.88	-3.22	-3.45	-1.71	-4.82
Filing Date Shares Outstanding	5,247	5,368	5,393	5,393	5,393
Total Common Shares Outstanding	5,247	5,368	5,393	5,393	5,393
Working Capital	18,107	19,907	9,455	13,986	12,035
Book Value Per Share	8.83	8.85	8.49	8.63	8.37
Tangible Book Value	42,136	43,230	39,330	41,765	38,306
Tangible Book Value Per Share	7.26	7.29	6.91	7.36	7.10
Buildings	16,070	15,162	13,881	13,168	12,499
Machinery	21,294	20,135	18,837	17,776	17,648
Construction In Progress	2,266	1,806	4,484	4,741	9,072
Order Backlog	-	-	-	27,589	11,181

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