SHE:000069 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	14,616	23,195	30,902	40,145	41,621	67,573
Cash & Short-Term Investments	14,616	23,195	30,902	40,145	41,621	67,573
Cash Growth	-50.01%	-24.94%	-23.02%	-3.55%	-38.41%	11.68%
Accounts Receivable	1,095	1,118	1,101	956.4	919.7	3,270
Other Receivables	28,798	28,807	33,032	32,296	31,724	44,240
Receivables	29,893	29,925	34,132	46,642	46,097	54,198
Inventory	126,355	128,055	151,009	178,317	196,026	247,772
Prepaid Expenses	-	5,929	6,179	6,846	8,353	9,729
Other Current Assets	7,316	1,034	1,381	5,361	2,265	7,393
Total Current Assets	178,181	188,138	223,604	277,311	294,362	386,664
Property, Plant & Equipment	28,560	28,913	31,117	30,707	32,473	30,641
Long-Term Investments	17,276	17,366	21,141	19,332	21,445	19,750
Goodwill	39.75	39.75	62.86	62.86	63.48	65.88
Other Intangible Assets	11,086	11,187	12,004	11,224	13,417	11,924
Long-Term Accounts Receivable	-	-	-	-	-	120.72
Long-Term Deferred Tax Assets	9,479	9,556	10,782	12,253	13,066	13,794
Long-Term Deferred Charges	1,654	1,731	1,907	1,752	1,634	1,321
Other Long-Term Assets	23,268	20,306	20,619	17,762	15,151	13,810
Total Assets	269,543	280,384	324,198	371,029	392,920	480,061
Accounts Payable	22,941	23,868	26,668	29,852	33,067	35,393
Accrued Expenses	1,657	18,782	20,924	25,534	35,670	40,493
Short-Term Debt	2,423	2,454	3,640	6,191	4,066	5,529
Current Portion of Long-Term Debt	30,704	34,774	37,667	18,901	17,214	21,767
Current Portion of Leases	-	613.83	703.81	604.91	1,212	897.44
Current Income Taxes Payable	2,283	415.01	712.83	651.66	1,050	3,467
Current Unearned Revenue	22,216	23,141	29,446	48,176	54,667	92,192
Other Current Liabilities	51,632	37,043	34,790	41,974	34,231	42,502
Total Current Liabilities	133,857	141,090	154,552	171,885	181,177	242,241
Long-Term Debt	79,860	81,708	89,461	108,798	106,780	111,854
Long-Term Leases	1,555	1,569	2,066	2,678	2,554	3,651
Long-Term Unearned Revenue	827.51	851.43	944.36	1,035	1,131	1,239
Long-Term Deferred Tax Liabilities	447.54	447.47	435.3	302.39	348.76	157.97
Other Long-Term Liabilities	309.78	309.78	309.79	297.26	297.26	133.23
Total Liabilities	216,856	225,976	247,769	284,995	292,288	359,275
Common Stock	8,038	8,038	8,038	8,202	8,202	8,202
Additional Paid-In Capital	4,734	4,734	4,457	5,387	5,406	5,128
Retained Earnings	23,646	25,053	39,695	48,511	55,158	67,014
Treasury Stock	-	-	-	-1,042	-1,042	-1,042
Comprehensive Income & Other	847.3	898.63	999.41	894.65	1,139	1,900
Total Common Equity	37,265	38,723	53,189	61,953	68,863	81,202
Minority Interest	15,422	15,685	23,240	24,081	31,769	39,584
Shareholders' Equity	52,687	54,408	76,429	86,034	100,632	120,786
Total Liabilities & Equity	269,543	280,384	324,198	371,029	392,920	480,061
Total Debt	114,541	121,119	133,538	137,173	131,827	143,698
Net Cash (Debt)	-99,925	-97,925	-102,636	-97,028	-90,206	-76,125
Net Cash Per Share	-12.69	-12.43	-13.03	-11.83	-11.00	-9.47
Filing Date Shares Outstanding	8,038	8,038	8,038	8,038	8,038	8,038
Total Common Shares Outstanding	8,038	8,038	8,038	8,038	8,038	8,038
Working Capital	44,324	47,048	69,052	105,426	113,185	144,424
Book Value Per Share	4.25	4.43	6.23	7.32	8.18	9.72
Tangible Book Value	26,139	27,496	41,121	50,666	55,383	69,213
Tangible Book Value Per Share	2.87	3.04	4.73	5.92	6.50	8.23
Buildings	-	24,340	24,636	22,799	23,283	22,100
Machinery	-	16,419	16,513	15,940	16,779	14,710
Construction In Progress	-	5,458	5,546	5,893	5,856	5,484

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