SHE:000158 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	1,468	2,492	2,171	3,724	2,400	2,361
Trading Asset Securities	-	-	11.29	8.34	23	-
Cash & Short-Term Investments	1,468	2,492	2,183	3,733	2,423	2,361
Cash Growth	30.33%	14.18%	-41.53%	54.07%	2.61%	0.97%
Accounts Receivable	2,477	2,927	3,501	3,394	3,533	3,376
Other Receivables	812.28	821.78	2,252	484.54	295.45	359.45
Receivables	3,289	3,749	5,753	3,878	3,829	3,736
Inventory	2,183	1,596	2,023	2,845	2,939	3,010
Prepaid Expenses	-	-	-	0.01	-	-
Other Current Assets	1,724	728.03	965.09	1,237	1,326	1,303
Total Current Assets	8,664	8,565	10,923	11,694	10,516	10,410
Property, Plant & Equipment	2,204	2,260	1,337	1,869	2,228	2,536
Long-Term Investments	185.71	187.96	189.71	170.14	171.06	71.83
Goodwill	1,873	1,873	1,912	1,952	1,988	2,034
Other Intangible Assets	752.7	769.74	845.13	855.17	695.82	674.82
Long-Term Deferred Tax Assets	121.35	127.73	108.78	161.65	141.59	89.31
Long-Term Deferred Charges	49.44	53.09	45.98	157	173.11	135.79
Other Long-Term Assets	1,094	1,101	1,054	1,015	653.15	646.05
Total Assets	14,944	14,937	16,415	17,874	16,567	16,598
Accounts Payable	2,178	2,511	3,072	3,959	3,893	3,700
Accrued Expenses	18.85	122.98	100.4	251.79	210.69	205.06
Short-Term Debt	3,413	2,971	3,727	3,791	2,930	3,040
Current Portion of Long-Term Debt	864.78	792.1	774.71	869.76	853	774.32
Current Portion of Leases	-	180.57	123.2	165.92	141.91	228.65
Current Income Taxes Payable	43.59	4.72	4.99	16.66	9.98	24.23
Current Unearned Revenue	905.51	770.38	1,504	784.02	430.29	504.21
Other Current Liabilities	289.55	185.82	237.63	185.88	132.72	180.87
Total Current Liabilities	7,713	7,539	9,544	10,023	8,602	8,657
Long-Term Debt	1,399	1,409	1,088	851.2	1,312	631.47
Long-Term Leases	24.53	414.98	65.63	143.18	139.73	126.48
Long-Term Unearned Revenue	85.3	89.29	255.77	431.89	558.81	1,009
Long-Term Deferred Tax Liabilities	7.79	8.92	13.26	11.64	13.08	1.6
Other Long-Term Liabilities	372.64	31.76	32.47	29.84	-	-
Total Liabilities	9,603	9,493	10,999	11,491	10,625	10,426
Common Stock	1,599	1,599	1,599	1,599	1,599	1,599
Additional Paid-In Capital	2,944	2,944	2,944	3,345	2,667	2,660
Retained Earnings	785.93	887.51	854.07	1,448	1,702	1,911
Comprehensive Income & Other	-26.08	-24.94	-22.42	-23.62	-18.22	-16.17
Total Common Equity	5,302	5,405	5,374	6,367	5,949	6,154
Minority Interest	39.02	39.61	43.07	15.62	-7.23	17.86
Shareholders' Equity	5,341	5,444	5,417	6,383	5,942	6,172
Total Liabilities & Equity	14,944	14,937	16,415	17,874	16,567	16,598
Total Debt	5,702	5,768	5,778	5,821	5,376	4,801
Net Cash (Debt)	-4,234	-3,276	-3,595	-2,088	-2,953	-2,439
Net Cash Per Share	-2.53	-1.96	-2.24	-1.25	-1.85	-1.49
Filing Date Shares Outstanding	1,600	1,599	1,599	1,599	1,599	1,599
Total Common Shares Outstanding	1,600	1,599	1,599	1,599	1,599	1,599
Working Capital	950.94	1,027	1,379	1,670	1,915	1,753
Book Value Per Share	3.31	3.38	3.36	3.98	3.72	3.85
Tangible Book Value	2,677	2,762	2,617	3,560	3,266	3,445
Tangible Book Value Per Share	1.67	1.73	1.64	2.23	2.04	2.16
Buildings	-	745.4	645.79	1,125	1,208	1,475
Machinery	-	893.33	869.66	1,625	1,640	1,656
Construction In Progress	-	155.17	212.28	109.82	221.34	272.32

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