SHE:000059 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	4,455	4,769	8,077	9,429	10,040	9,755
Cash & Short-Term Investments	4,455	4,769	8,077	9,429	10,040	9,755
Cash Growth	-2.46%	-40.96%	-14.34%	-6.08%	2.92%	25.60%
Accounts Receivable	1,161	229.65	117.04	279.07	120.78	253.64
Other Receivables	18.26	30.51	39.49	9.17	3.77	3.26
Receivables	1,179	260.16	156.53	288.24	124.55	256.9
Inventory	7,266	5,685	5,185	5,817	5,104	4,480
Prepaid Expenses	-	0.24	-	11.01	64.59	155.21
Other Current Assets	760.72	1,004	1,017	3,626	3,238	3,115
Total Current Assets	13,661	11,717	14,435	19,171	18,571	17,762
Property, Plant & Equipment	10,671	10,824	11,216	10,534	11,860	13,005
Long-Term Investments	530	530	354.21	134.85	91.34	99.35
Other Intangible Assets	1,085	1,097	1,108	1,137	1,181	1,213
Long-Term Accounts Receivable	-	-	11.3	20	-	-
Long-Term Deferred Tax Assets	225.15	251.55	285.13	268.05	281.23	288.22
Long-Term Deferred Charges	374.32	396.29	498.62	376.61	463.16	527.03
Other Long-Term Assets	28.61	17.27	162.98	247.01	179.72	184.31
Total Assets	26,575	24,833	28,072	31,889	32,627	33,079
Accounts Payable	990.1	753.67	2,985	3,757	2,899	2,052
Accrued Expenses	93.17	608.29	623.38	692.57	576.29	1,691
Short-Term Debt	2,000	300.19	-	1,001	1,001	1,401
Current Portion of Long-Term Debt	5,659	6,580	3,188	302.41	4,859	12.42
Current Portion of Leases	-	135.41	124.31	53.86	52.66	52.88
Current Income Taxes Payable	579.52	4.71	3.85	20.91	28.83	44.18
Current Unearned Revenue	462.1	462.92	338.5	678.6	1,367	1,314
Other Current Liabilities	478.79	391.77	273.89	306.68	488.21	1,143
Total Current Liabilities	10,263	9,237	7,536	6,813	11,272	7,711
Long-Term Debt	4,961	4,320	7,620	9,771	5,850	9,951
Long-Term Leases	689.91	702.39	521.81	82.21	127.15	175.87
Long-Term Unearned Revenue	60.7	65.22	114.22	73.42	86.02	100.79
Pension & Post-Retirement Benefits	-	60.27	53.19	59.67	-	-
Long-Term Deferred Tax Liabilities	7.56	3.98	8.13	6.3	12.24	19.97
Other Long-Term Liabilities	150.19	85.63	96.56	107.72	175.29	186.38
Total Liabilities	16,132	14,475	15,950	16,913	17,523	18,145
Common Stock	1,599	1,599	1,599	1,599	1,599	1,599
Additional Paid-In Capital	6,486	6,486	6,486	6,482	6,482	6,559
Retained Earnings	1,641	1,596	3,388	6,206	6,346	6,165
Comprehensive Income & Other	19.64	2.34	6.28	-	0.01	6.08
Total Common Equity	9,746	9,684	11,480	14,287	14,428	14,330
Minority Interest	696.67	674.24	641.39	688.55	675.76	603.75
Shareholders' Equity	10,443	10,358	12,122	14,976	15,104	14,934
Total Liabilities & Equity	26,575	24,833	28,072	31,889	32,627	33,079
Total Debt	13,310	12,038	11,454	11,210	11,890	11,593
Net Cash (Debt)	-8,856	-7,270	-3,377	-1,781	-1,850	-1,838
Net Cash Per Share	-5.52	-4.54	-2.11	-1.01	-1.15	-1.15
Filing Date Shares Outstanding	1,601	1,599	1,599	1,599	1,599	1,599
Total Common Shares Outstanding	1,601	1,599	1,599	1,599	1,599	1,599
Working Capital	3,398	2,480	6,899	12,359	7,298	10,050
Book Value Per Share	6.09	6.05	7.18	8.93	9.02	8.96
Tangible Book Value	8,661	8,588	10,372	13,151	13,248	13,117
Tangible Book Value Per Share	5.41	5.37	6.48	8.22	8.28	8.20
Buildings	-	10,272	10,272	10,212	10,218	10,123
Machinery	-	22,216	22,135	21,316	21,180	20,743
Construction In Progress	-	313.95	245.52	67.62	49	256.94

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