SHE:000078 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	3,485	2,981	3,456	3,480	3,101	4,127
Short-Term Investments	-	-	20.92	223.41	383.42	-
Trading Asset Securities	107.89	116.8	125.43	194.41	217.71	35.21
Cash & Short-Term Investments	3,592	3,098	3,603	3,898	3,702	4,162
Cash Growth	5.69%	-14.02%	-7.58%	5.30%	-11.06%	-25.77%
Accounts Receivable	14,580	14,724	16,387	18,638	20,231	20,699
Other Receivables	1,685	2,367	1,823	1,924	1,933	2,034
Receivables	16,265	17,091	18,210	20,562	22,163	22,732
Inventory	2,987	3,204	3,487	3,679	4,193	3,793
Other Current Assets	354.89	346.05	534.87	669.46	1,466	929.02
Total Current Assets	23,199	23,738	25,835	28,809	31,525	31,617
Property, Plant & Equipment	1,011	1,065	1,184	1,276	1,375	1,466
Long-Term Investments	318.9	319.58	451.39	445.56	524.35	1,110
Goodwill	241.41	241.41	378.7	863.29	1,746	2,329
Other Intangible Assets	312.56	324.64	367.6	381.16	409.89	426.63
Long-Term Accounts Receivable	-	-	-	3.71	14.64	34.17
Long-Term Deferred Tax Assets	402.34	399.49	357.02	305.89	394.4	305.68
Long-Term Deferred Charges	140.66	139.47	132.18	123.63	149.17	159.02
Other Long-Term Assets	104.74	105.64	92.53	95.76	117.21	157.27
Total Assets	25,731	26,333	28,798	32,305	36,254	37,604
Accounts Payable	8,289	8,468	9,103	9,974	10,060	10,056
Accrued Expenses	73.01	109.67	1,073	1,090	1,140	831.91
Short-Term Debt	11,034	11,106	10,023	10,832	11,410	11,925
Current Portion of Long-Term Debt	150.1	157.58	154.06	172.1	17.26	176.73
Current Portion of Leases	-	-	67.04	73.69	87.98	97.3
Current Income Taxes Payable	92.75	112.84	54	59.91	113.98	154.21
Current Unearned Revenue	269.32	299	364.88	583.69	710.7	454.41
Other Current Liabilities	3,280	3,449	4,739	4,943	6,154	6,067
Total Current Liabilities	23,189	23,702	25,579	27,728	29,694	29,762
Long-Term Debt	297.81	361.64	229.8	200.42	287.23	223.16
Long-Term Leases	69.33	73.59	103.4	122.21	119.52	157.81
Long-Term Unearned Revenue	4.55	4.69	10.19	22.87	26.49	36.48
Pension & Post-Retirement Benefits	-	-	0.18	0.24	0.31	0.39
Long-Term Deferred Tax Liabilities	12.83	11.4	12.28	13.15	14.95	16.08
Other Long-Term Liabilities	2.08	3.35	19.54	-	-	100
Total Liabilities	23,575	24,157	25,955	28,087	30,142	30,296
Common Stock	2,631	2,631	2,631	2,751	2,751	2,751
Additional Paid-In Capital	2,103	2,103	2,096	2,242	2,224	2,320
Retained Earnings	-3,420	-3,435	-2,872	-1,678	11.47	1,038
Treasury Stock	-	-	-	-275.12	-275.12	-275.12
Comprehensive Income & Other	-72.53	-72.53	-60.3	-36.8	-19.37	-10.95
Total Common Equity	1,242	1,227	1,795	3,003	4,692	5,822
Minority Interest	914.08	949.4	1,049	1,215	1,420	1,486
Shareholders' Equity	2,156	2,177	2,844	4,217	6,112	7,308
Total Liabilities & Equity	25,731	26,333	28,798	32,305	36,254	37,604
Total Debt	11,551	11,699	10,578	11,401	11,922	12,580
Net Cash (Debt)	-7,959	-8,601	-6,975	-7,502	-8,220	-8,418
Net Cash Per Share	-3.02	-3.27	-2.65	-2.85	-3.13	-3.20
Filing Date Shares Outstanding	2,635	2,656	2,631	2,751	2,751	2,751
Total Common Shares Outstanding	2,635	2,656	2,631	2,751	2,751	2,751
Working Capital	10.37	35.86	255.66	1,081	1,831	1,855
Book Value Per Share	0.47	0.46	0.68	1.09	1.71	2.12
Tangible Book Value	687.65	661.06	1,049	1,758	2,537	3,067
Tangible Book Value Per Share	0.26	0.25	0.40	0.64	0.92	1.11
Buildings	-	-	1,036	1,060	1,073	1,078
Machinery	-	-	985.3	1,051	1,070	1,019
Construction In Progress	-	-	84.84	55.94	28.89	28.27

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