SHE:000065 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	4,917	5,211	4,600	4,092	4,981	3,747
Short-Term Investments	-	294.43	-	349.71	-	-
Trading Asset Securities	3.1	-	-	0.46	-	344.47
Cash & Short-Term Investments	4,920	5,506	4,600	4,442	4,981	4,092
Cash Growth	8.81%	19.69%	3.56%	-10.82%	21.74%	-22.16%
Accounts Receivable	4,981	5,260	5,146	5,723	5,243	5,162
Other Receivables	360.81	414.67	562.87	596.9	388.3	251.08
Receivables	5,342	5,675	5,709	6,320	5,632	5,413
Inventory	752.69	796.58	1,564	1,363	937.55	991.33
Prepaid Expenses	-	-	1.02	0.97	1.37	8.09
Other Current Assets	2,909	2,516	1,881	2,063	2,234	1,272
Total Current Assets	13,924	14,494	13,756	14,190	13,785	11,776
Property, Plant & Equipment	3,775	3,854	3,356	2,973	2,850	2,532
Long-Term Investments	2,414	2,355	2,321	2,039	1,684	1,380
Goodwill	14.15	14.15	14.15	14.15	14.15	14.15
Other Intangible Assets	1,449	1,485	1,486	1,548	1,607	1,573
Long-Term Accounts Receivable	-	3,457	3,039	2,605	1,817	1,901
Long-Term Deferred Tax Assets	362.91	365.31	382.36	247.64	152.89	120.61
Long-Term Deferred Charges	30.51	40.65	9.57	9.09	12.14	11.83
Other Long-Term Assets	3,538	85.6	87.41	132.8	158.15	34.75
Total Assets	25,508	26,149	24,451	23,760	22,080	19,344
Accounts Payable	5,449	5,578	6,083	6,626	5,875	6,117
Accrued Expenses	270.58	226.29	250.01	170.13	171	122.88
Short-Term Debt	580.37	1,001	970.29	903.73	754.41	644.48
Current Portion of Long-Term Debt	-	1,046	2,850	5.34	262.82	237.46
Current Portion of Leases	-	17.65	16.07	13.15	13.25	5.71
Current Income Taxes Payable	-	49.35	145.68	107.37	163.39	53.7
Current Unearned Revenue	2,232	2,215	1,396	1,495	1,124	592.47
Other Current Liabilities	1,301	243.63	165.14	180.56	159.32	146.57
Total Current Liabilities	9,833	10,376	11,876	9,502	8,523	7,920
Long-Term Debt	3,705	3,902	2,235	4,808	4,835	4,357
Long-Term Leases	29.53	31.92	11.39	16.7	25.98	34.98
Long-Term Unearned Revenue	8.3	8.73	6.54	4.33	5.67	8.23
Long-Term Deferred Tax Liabilities	58.76	58.96	57.43	23.09	29.48	61.97
Other Long-Term Liabilities	5.75	6.14	46.16	110.61	103.4	119.74
Total Liabilities	13,640	14,384	14,233	14,465	13,522	12,502
Common Stock	1,161	1,161	1,025	1,002	1,002	774.48
Additional Paid-In Capital	3,343	3,344	2,046	1,894	1,892	952.93
Retained Earnings	7,380	7,269	6,704	5,747	4,892	4,319
Comprehensive Income & Other	-691.5	-673.52	-316.81	-177.63	-31.74	166.2
Total Common Equity	11,193	11,101	9,459	8,465	7,754	6,212
Minority Interest	674.52	663.99	759.33	829.41	803.57	629.49
Shareholders' Equity	11,868	11,765	10,218	9,295	8,558	6,842
Total Liabilities & Equity	25,508	26,149	24,451	23,760	22,080	19,344
Total Debt	4,315	5,998	6,084	5,747	5,891	5,279
Net Cash (Debt)	605.54	-491.94	-1,483	-1,305	-910.12	-1,188
Net Cash Per Share	0.56	-0.46	-1.38	-1.22	-0.89	-1.28
Filing Date Shares Outstanding	1,162	1,161	1,063	1,002	1,002	774.48
Total Common Shares Outstanding	1,162	1,161	1,025	1,002	1,002	774.48
Working Capital	4,091	4,117	1,879	4,688	5,262	3,856
Book Value Per Share	9.64	9.56	9.23	8.45	7.74	8.02
Tangible Book Value	9,730	9,602	7,959	6,903	6,134	4,625
Tangible Book Value Per Share	8.38	8.27	7.76	6.89	6.12	5.97
Buildings	-	774	761.01	608.5	571.15	517.52
Machinery	-	3,846	3,523	3,085	2,850	1,885
Construction In Progress	-	453.17	12.76	11.69	34.92	587.26

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