SHE:000404 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	Dec '21 Dec 31, 2021
Cash & Equivalents	5,481	5,622	4,077	4,472	3,900	3,658
Short-Term Investments	-	216.97	-	742.99	483.56	-
Trading Asset Securities	314.53	6.64	207.02	0.85	306.34	750
Cash & Short-Term Investments	5,796	5,846	4,284	5,215	4,690	4,408
Cash Growth	1.94%	36.47%	-17.87%	11.20%	6.41%	29.26%
Accounts Receivable	3,366	3,225	3,027	2,696	2,495	2,737
Other Receivables	15.89	4.08	0.43	97.9	91.33	131.76
Receivables	3,382	3,231	3,032	2,798	2,587	2,869
Inventory	1,277	1,414	1,775	1,695	1,496	1,537
Other Current Assets	1,383	946.96	641.87	802.54	152.31	212.91
Total Current Assets	11,838	11,438	9,732	10,511	8,925	9,027
Property, Plant & Equipment	1,823	1,811	1,647	1,600	1,661	1,597
Long-Term Investments	1,087	1,200	1,792	1,414	1,546	714.65
Goodwill	19.32	19.32	19.32	19.32	28.94	28.94
Other Intangible Assets	199.62	202.71	195.16	203.83	276.05	285.09
Long-Term Deferred Tax Assets	127.19	129.85	133.05	114.69	91.42	48.86
Long-Term Deferred Charges	3.38	4.02	1.12	-	13.16	13.2
Other Long-Term Assets	60.47	56.83	71.77	39.9	39.27	17.6
Total Assets	15,158	14,862	13,592	13,903	12,581	11,732
Accounts Payable	6,531	6,327	6,321	5,780	5,319	5,550
Accrued Expenses	178.5	380.62	370.63	406.88	246.67	227.59
Short-Term Debt	1,598	1,506	694.41	1,159	1,226	808.65
Current Portion of Long-Term Debt	-	-	9.9	170.1	170.27	0.09
Current Portion of Leases	-	14.07	9.69	10.68	6.91	-
Current Income Taxes Payable	36.85	23.13	42.68	38.32	41.11	18.2
Current Unearned Revenue	44.37	49.09	44.29	42.73	60.37	80.01
Other Current Liabilities	269.65	173.28	150.7	407.36	168.4	100.45
Total Current Liabilities	8,659	8,473	7,643	8,015	7,239	6,785
Long-Term Debt	110	100	-	309.91	170	110
Long-Term Leases	98.31	107.43	103.82	115.61	29.03	-
Long-Term Unearned Revenue	186.28	187.83	164.68	136.41	141.91	135.29
Pension & Post-Retirement Benefits	-	43.48	45.16	41.55	40.83	40.11
Long-Term Deferred Tax Liabilities	98.02	98.98	77.59	72.88	65.22	39.23
Other Long-Term Liabilities	128.95	93.33	137.83	17.36	9.75	4.07
Total Liabilities	9,280	9,104	8,172	8,709	7,695	7,114
Common Stock	696	696	696	696	696	696
Additional Paid-In Capital	1,595	1,595	1,595	1,583	1,583	1,583
Retained Earnings	2,209	2,094	1,808	1,532	1,309	1,150
Treasury Stock	-109.51	-79.96	-	-	-	-
Comprehensive Income & Other	25.2	26.65	14.24	13.1	5.91	5.09
Total Common Equity	4,416	4,332	4,113	3,824	3,594	3,435
Minority Interest	1,462	1,425	1,306	1,370	1,291	1,184
Shareholders' Equity	5,878	5,757	5,420	5,194	4,885	4,619
Total Liabilities & Equity	15,158	14,862	13,592	13,903	12,581	11,732
Total Debt	1,806	1,728	817.81	1,765	1,602	918.74
Net Cash (Debt)	3,989	4,118	3,466	3,450	3,088	3,489
Net Cash Growth	10.72%	18.82%	0.45%	11.74%	-11.49%	71.65%
Net Cash Per Share	5.76	5.94	4.98	4.96	4.44	5.01
Filing Date Shares Outstanding	696	684.7	696	696	696	696
Total Common Shares Outstanding	696	684.7	696	696	696	696
Working Capital	3,180	2,965	2,089	2,496	1,686	2,242
Book Value Per Share	6.35	6.33	5.91	5.49	5.16	4.93
Tangible Book Value	4,197	4,110	3,899	3,601	3,289	3,121
Tangible Book Value Per Share	6.03	6.00	5.60	5.17	4.73	4.48
Buildings	-	914.35	921.31	893.27	986.08	939.92
Machinery	-	2,472	2,331	2,187	2,172	2,028
Construction In Progress	-	124.74	10.69	65.03	100.58	145.25

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