SHE:000156 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	6,513	7,517	6,328	6,528	5,355	7,024
Short-Term Investments	-	253.15	1,496	600.67	655.59	754.1
Trading Asset Securities	601.87	569.3	270.61	31.17	27.27	19.69
Cash & Short-Term Investments	7,115	8,340	8,095	7,160	6,038	7,797
Cash Growth	-6.27%	3.02%	13.06%	18.58%	-22.56%	33.75%
Accounts Receivable	3,545	3,418	3,499	3,237	2,691	2,259
Other Receivables	306.23	128.16	202.97	187.49	151.99	231.37
Receivables	3,851	3,546	3,702	3,424	2,843	2,491
Inventory	1,396	1,382	1,306	1,261	1,349	1,285
Prepaid Expenses	-	6.64	39.83	1.82	18.04	20.77
Other Current Assets	392.05	273.34	170.86	214.49	139.34	109.76
Total Current Assets	12,755	13,548	13,314	12,061	10,387	11,703
Property, Plant & Equipment	10,549	10,555	10,657	10,883	10,512	10,130
Long-Term Investments	2,610	2,566	2,008	3,118	3,082	823.03
Goodwill	535.91	535.91	535.91	535.91	535.91	535.91
Other Intangible Assets	611.5	593.45	596.69	584.58	574.24	551.26
Long-Term Accounts Receivable	116.8	119.51	194.17	229.66	171.8	64.07
Long-Term Deferred Tax Assets	24.65	24.65	23.7	22.68	25.43	18.58
Long-Term Deferred Charges	1,496	1,506	1,698	1,840	1,821	1,749
Other Long-Term Assets	2.52	18.22	7.27	6	1	25.69
Total Assets	28,701	29,466	29,035	29,280	27,111	25,600
Accounts Payable	4,035	4,789	4,771	4,326	3,710	3,609
Accrued Expenses	212.54	717.93	694.11	757.83	792.31	776.23
Short-Term Debt	1,972	1,962	1,578	2,136	942.84	72.78
Current Portion of Leases	55.5	71.57	101.11	94.26	93.44	91.74
Current Income Taxes Payable	32.55	0.19	0.2	0.81	3.1	11.95
Current Unearned Revenue	3,181	3,033	2,972	2,968	2,835	2,825
Other Current Liabilities	620.64	398.44	321	399.12	404.71	385.61
Total Current Liabilities	10,110	10,973	10,437	10,682	8,781	7,772
Long-Term Leases	274.58	198.09	98.74	137.45	203.31	263.37
Long-Term Unearned Revenue	2,657	2,817	3,166	3,250	3,181	3,056
Long-Term Deferred Tax Liabilities	1.06	1.06	-	-	-	-
Other Long-Term Liabilities	8.23	8.25	2.85	2.94	4.18	4.2
Total Liabilities	13,121	13,997	13,705	14,072	12,170	11,096
Common Stock	1,962	1,962	1,962	1,962	1,962	1,962
Additional Paid-In Capital	8,913	8,913	8,913	8,923	8,929	8,931
Retained Earnings	4,307	4,194	4,061	3,935	3,655	3,233
Comprehensive Income & Other	-2.13	-2.13	1.88	2.24	2.15	2.09
Total Common Equity	15,180	15,067	14,938	14,822	14,548	14,127
Minority Interest	399.73	401.39	392.14	385.55	393.03	376.9
Shareholders' Equity	15,580	15,468	15,330	15,208	14,941	14,504
Total Liabilities & Equity	28,701	29,466	29,035	29,280	27,111	25,600
Total Debt	2,373	2,232	1,778	2,368	1,240	427.89
Net Cash (Debt)	4,742	6,108	6,317	4,792	4,799	7,369
Net Cash Growth	-11.32%	-3.31%	31.82%	-0.13%	-34.88%	26.41%
Net Cash Per Share	2.54	3.27	3.43	2.57	2.60	3.98
Filing Date Shares Outstanding	1,962	1,962	1,962	1,962	1,962	1,962
Total Common Shares Outstanding	1,962	1,962	1,962	1,962	1,962	1,962
Working Capital	2,646	2,575	2,877	1,380	1,606	3,931
Book Value Per Share	7.74	7.68	7.62	7.56	7.42	7.20
Tangible Book Value	14,033	13,938	13,806	13,702	13,438	13,040
Tangible Book Value Per Share	7.15	7.11	7.04	6.99	6.85	6.65
Buildings	-	736.06	684.29	569.25	541.81	535.59
Machinery	-	4,869	4,645	4,561	4,229	3,937
Construction In Progress	-	683.1	922.89	1,257	1,216	1,199

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