SHE:000049 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	Jan '22 Jan 1, 2022
Cash & Equivalents	1,800	1,500	1,292	3,632	760.69	336.58
Trading Asset Securities	1,383	1,296	1,334	89.54	-	-
Cash & Short-Term Investments	3,183	2,795	2,626	3,722	760.69	336.58
Cash Growth	4.90%	6.43%	-29.43%	389.26%	126.00%	-38.99%
Accounts Receivable	4,158	5,259	6,349	5,124	4,683	5,163
Other Receivables	365.02	81.47	68.74	55.75	88.57	54.91
Receivables	4,523	5,341	6,418	5,180	4,772	5,218
Inventory	2,490	2,657	2,201	2,090	2,915	2,583
Other Current Assets	461.07	431.56	245.53	182.45	196.03	113.04
Total Current Assets	10,657	11,225	11,492	11,174	8,643	8,251
Property, Plant & Equipment	3,966	3,922	3,892	3,758	2,186	1,524
Long-Term Investments	100.42	186.48	158.46	163.78	108.13	90.81
Other Intangible Assets	459.28	464.33	453.91	436.01	318.45	237.52
Long-Term Deferred Tax Assets	336.22	344.38	265.13	247.88	176.16	133.45
Long-Term Deferred Charges	505.41	569.61	542.44	552.49	539.43	404.79
Other Long-Term Assets	254.79	182.21	189.56	168.79	560.08	134.9
Total Assets	16,279	16,894	16,993	16,501	12,532	10,777
Accounts Payable	4,422	5,259	5,456	5,062	4,246	5,142
Accrued Expenses	471.43	569.94	595.23	464.7	573.38	448.38
Short-Term Debt	1,876	1,634	1,186	718.8	918.72	587.37
Current Portion of Long-Term Debt	438.07	463.59	405.8	425.23	308.26	157.82
Current Portion of Leases	-	2.72	7.01	26.29	40.39	25.07
Current Income Taxes Payable	56.26	8.97	80.06	56.44	40.58	86.2
Current Unearned Revenue	48.82	55.92	5.11	59.36	8.41	5.51
Other Current Liabilities	153.73	100.46	44.26	64.33	67.94	46.24
Total Current Liabilities	7,466	8,094	7,779	6,877	6,204	6,498
Long-Term Debt	1,901	1,957	2,408	2,939	1,982	784.87
Long-Term Leases	0.9	-	2.64	14.78	40.65	22.57
Long-Term Unearned Revenue	164.02	174.7	197.38	211.88	22.76	19.48
Long-Term Deferred Tax Liabilities	13.05	9.76	13.05	80.1	58.29	22.54
Total Liabilities	9,545	10,236	10,400	10,123	8,307	7,348
Common Stock	384.64	384.64	384.64	384.64	299.39	300.3
Additional Paid-In Capital	1,926	1,926	1,926	1,864	151.31	163.39
Retained Earnings	4,480	4,400	4,234	3,994	3,627	2,986
Treasury Stock	-	-	-	-	-	-15.73
Comprehensive Income & Other	9.87	16	33.5	48.88	10.44	-4.74
Total Common Equity	6,800	6,726	6,579	6,292	4,088	3,429
Minority Interest	-65.88	-67.96	14.64	85.31	136.14	-
Shareholders' Equity	6,734	6,658	6,593	6,378	4,224	3,429
Total Liabilities & Equity	16,279	16,894	16,993	16,501	12,532	10,777
Total Debt	4,215	4,057	4,009	4,125	3,290	1,578
Net Cash (Debt)	-1,032	-1,262	-1,383	-402.83	-2,529	-1,241
Net Cash Per Share	-2.68	-3.28	-3.60	-1.23	-7.81	-4.14
Filing Date Shares Outstanding	384.64	384.64	384.64	384.64	299.39	300.3
Total Common Shares Outstanding	384.64	384.64	384.64	384.64	299.39	300.3
Working Capital	3,191	3,131	3,712	4,297	2,440	1,753
Book Value Per Share	17.68	17.49	17.10	16.36	13.66	11.42
Tangible Book Value	6,341	6,262	6,125	5,856	3,770	3,192
Tangible Book Value Per Share	16.49	16.28	15.92	15.23	12.59	10.63
Buildings	-	2,408	2,165	1,824	1,175	474.14
Machinery	-	3,910	3,536	3,083	1,865	1,227
Construction In Progress	-	145.58	194.99	301.71	163.83	624.97

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