SHE:000039 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	25,118	24,264	21,621	21,324	17,112	16,443
Trading Asset Securities	1,949	1,227	1,359	337.76	1,061	445.43
Cash & Short-Term Investments	27,067	25,491	22,980	21,662	18,173	16,888
Cash Growth	-12.68%	10.93%	6.08%	19.20%	7.61%	36.42%
Accounts Receivable	33,554	37,036	43,322	31,942	27,571	33,851
Other Receivables	4,475	1,733	1,640	1,583	1,332	1,504
Receivables	38,029	40,423	47,051	35,391	29,570	37,303
Inventory	20,975	18,150	19,736	19,200	18,332	19,837
Other Current Assets	10,037	10,370	10,996	12,186	10,910	7,429
Total Current Assets	96,108	94,435	100,763	88,440	76,984	81,457
Property, Plant & Equipment	46,969	47,211	46,875	45,887	44,813	44,918
Long-Term Investments	12,892	12,513	14,381	14,598	13,357	9,967
Goodwill	2,508	2,520	2,517	2,654	2,517	2,268
Other Intangible Assets	5,688	5,735	5,872	5,874	4,331	4,544
Long-Term Accounts Receivable	-	-	-	-	-	7,763
Long-Term Deferred Tax Assets	1,780	1,750	1,699	1,515	1,107	1,266
Long-Term Deferred Charges	11.47	624.55	847.74	884.52	948.96	503.45
Other Long-Term Assets	2,790	2,007	1,797	1,912	1,842	1,636
Total Assets	168,746	166,796	174,752	161,763	145,900	154,323
Accounts Payable	28,921	27,246	28,410	21,850	18,184	21,175
Accrued Expenses	5,179	11,925	12,409	10,219	9,922	8,897
Short-Term Debt	10,714	9,186	11,764	14,403	4,371	7,205
Current Portion of Long-Term Debt	5,607	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	1,629	555.04	1,233	532.33	4,063	2,192
Current Unearned Revenue	17,264	15,332	14,606	13,064	12,216	7,444
Other Current Liabilities	10,053	7,713	8,225	9,362	10,063	10,138
Total Current Liabilities	79,367	76,328	80,857	78,985	62,998	69,423
Long-Term Debt	18,151	21,101	23,414	15,489	18,121	22,887
Long-Term Leases	1,045	882.51	869.38	820.64	732.89	442.04
Long-Term Unearned Revenue	785.25	785.87	791.49	1,032	996.37	976.53
Long-Term Deferred Tax Liabilities	534.8	532.74	498.98	567.16	290.95	3,611
Other Long-Term Liabilities	343.67	353.81	302.07	238.78	104.42	3.61
Total Liabilities	100,227	99,985	106,732	97,133	83,244	97,342
Common Stock	5,393	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	37,596	37,410	38,118	35,288	35,898	35,215
Treasury Stock	-1,119	-1,113	-200.1	-	-	-
Comprehensive Income & Other	8,884	4,574	3,972	2,629	3,115	784.89
Total Common Equity	50,752	50,392	51,619	47,858	48,613	45,119
Minority Interest	17,766	16,419	16,400	16,773	14,043	11,861
Shareholders' Equity	68,519	66,811	68,020	64,630	62,656	56,980
Total Liabilities & Equity	168,746	166,796	174,752	161,763	145,900	154,323
Total Debt	35,517	35,541	40,256	40,267	27,404	42,905
Net Cash (Debt)	-8,451	-10,050	-17,276	-18,605	-9,231	-26,017
Net Cash Per Share	-1.56	-1.88	-3.22	-3.45	-1.71	-4.82
Filing Date Shares Outstanding	5,246	5,247	5,368	5,393	5,393	5,393
Total Common Shares Outstanding	5,246	5,247	5,368	5,393	5,393	5,393
Working Capital	16,741	18,107	19,907	9,455	13,986	12,035
Book Value Per Share	8.91	8.83	8.85	8.49	8.63	8.37
Tangible Book Value	42,556	42,136	43,230	39,330	41,765	38,306
Tangible Book Value Per Share	7.34	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

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