SHE:000155 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	6,210	7,200	5,493	3,589	3,251	2,914
Short-Term Investments	-	-	-	1.42	189.3	-
Trading Asset Securities	1,003	450.76	651.88	651.81	300.52	222.63
Cash & Short-Term Investments	7,213	7,651	6,145	4,242	3,741	3,136
Cash Growth	-9.03%	24.50%	44.85%	13.40%	19.28%	32.23%
Accounts Receivable	2,431	2,096	2,447	2,382	2,086	2,437
Other Receivables	239.04	589.07	637.51	339.71	306.16	475.17
Receivables	2,670	2,685	3,084	2,722	2,392	2,912
Inventory	582.85	162.22	276.86	168.02	73.8	76.16
Prepaid Expenses	-	0.01	16.17	-	-	-
Other Current Assets	776.6	108.04	46.11	48.77	67.74	57.54
Total Current Assets	11,243	10,607	9,568	7,181	6,275	6,182
Property, Plant & Equipment	11,764	11,690	10,391	9,198	7,557	7,189
Long-Term Investments	202.22	196.06	201.66	213.86	207.18	6.98
Goodwill	1.88	1.88	1.88	1.88	1.88	1.88
Other Intangible Assets	4,339	4,381	4,525	4,652	4,734	4,754
Long-Term Deferred Tax Assets	105.83	107.5	181.88	106.77	86.92	105.7
Long-Term Deferred Charges	95.98	93	56.09	32.93	19.46	15.8
Other Long-Term Assets	944.89	818.46	298.73	384.33	466.71	111.64
Total Assets	28,696	27,894	25,225	21,771	19,348	18,366
Accounts Payable	1,274	1,480	1,907	1,730	1,921	1,870
Accrued Expenses	208.85	284.45	200.49	164.86	171.84	115.69
Short-Term Debt	454.37	661.34	781.53	1,151	840.73	335.42
Current Portion of Long-Term Debt	1,102	1,384	1,004	1,091	734.2	964.27
Current Portion of Leases	-	10.98	9.44	0.72	14.63	9.47
Current Income Taxes Payable	157.98	37.35	27.57	36.81	80.33	26.73
Current Unearned Revenue	7.38	46.6	277.56	282.25	275.63	2.42
Other Current Liabilities	132.96	163.93	144.07	75.7	81.57	909.38
Total Current Liabilities	3,337	4,069	4,351	4,532	4,120	4,234
Long-Term Debt	10,813	9,894	8,005	7,045	6,372	6,438
Long-Term Leases	100.12	105.95	28.08	13.45	19.68	20.45
Long-Term Unearned Revenue	60.49	61.46	58.04	47.44	42.6	308.4
Long-Term Deferred Tax Liabilities	2.1	1.47	0.01	0.01	0.18	0.07
Other Long-Term Liabilities	501.81	636.07	151.1	78.95	14.91	12.77
Total Liabilities	14,815	14,767	12,593	11,717	10,569	11,014
Common Stock	1,846	1,846	1,846	1,476	1,476	1,476
Additional Paid-In Capital	7,090	7,089	7,083	4,998	3,775	3,938
Retained Earnings	1,796	1,529	1,340	908.69	111.26	-598.52
Comprehensive Income & Other	12.92	7.18	7.35	5.34	2.74	0.71
Total Common Equity	10,744	10,472	10,277	7,388	5,365	4,816
Minority Interest	3,137	2,655	2,355	2,666	3,414	2,536
Shareholders' Equity	13,881	13,127	12,632	10,054	8,779	7,353
Total Liabilities & Equity	28,696	27,894	25,225	21,771	19,348	18,366
Total Debt	12,470	12,056	9,828	9,301	7,982	7,768
Net Cash (Debt)	-5,256	-4,405	-3,683	-5,058	-4,240	-4,632
Net Cash Per Share	-2.79	-2.37	-2.13	-3.43	-2.87	-3.20
Filing Date Shares Outstanding	1,846	1,846	1,846	1,476	1,476	1,476
Total Common Shares Outstanding	1,846	1,846	1,846	1,476	1,476	1,476
Working Capital	7,905	6,538	5,217	2,650	2,156	1,949
Book Value Per Share	5.82	5.67	5.57	5.01	3.63	3.26
Tangible Book Value	6,404	6,089	5,750	2,734	629.42	61.01
Tangible Book Value Per Share	3.47	3.30	3.11	1.85	0.43	0.04
Buildings	-	3,674	3,210	1,194	1,108	1,057
Machinery	-	8,903	8,385	7,503	6,783	6,642
Construction In Progress	-	1,902	1,084	2,345	1,168	609.26

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