SHE:000524 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	1,727	1,809	1,683	1,350	1,100	1,410
Short-Term Investments	-	-	217.11	-	-	-
Trading Asset Securities	0.39	0.49	0.46	0.5	0.5	1.74
Cash & Short-Term Investments	1,728	1,810	1,900	1,351	1,101	1,411
Cash Growth	10.78%	-4.75%	40.66%	22.72%	-22.00%	-14.07%
Accounts Receivable	132.24	120.86	137.89	126.44	73.41	71.41
Other Receivables	83.05	66.76	69.91	79.95	36.27	33.4
Receivables	215.3	187.62	207.81	220.26	109.68	104.81
Inventory	11.78	11.02	11.37	12.67	15.76	14.03
Prepaid Expenses	-	0.03	-	0	-	0.01
Other Current Assets	172.22	136.78	119.14	96.02	55.28	74.63
Total Current Assets	2,127	2,145	2,239	1,680	1,282	1,605
Property, Plant & Equipment	665.31	667.31	526.54	552.76	536.46	560.91
Long-Term Investments	84.39	94	76.14	263.7	74.6	75.55
Goodwill	50.35	50.35	52.82	57.49	60.42	69.31
Other Intangible Assets	439.58	445.39	463.84	481.42	499.99	516.25
Long-Term Deferred Tax Assets	117.7	114.75	99.47	124.07	136.79	115.3
Long-Term Deferred Charges	338.17	344.62	218.4	225.89	194.32	187.53
Other Long-Term Assets	9.56	10.02	14.51	10.08	214.18	8.11
Total Assets	3,832	3,872	3,690	3,395	2,998	3,138
Accounts Payable	401.4	383.76	364.95	345.87	257.47	265.85
Accrued Expenses	80.84	148.8	161.73	152.08	103.54	111.6
Short-Term Debt	-	-	-	-	24.87	0.51
Current Portion of Long-Term Debt	35.81	-	-	-	-	-
Current Portion of Leases	-	37.62	29.66	21.73	14.91	22.51
Current Income Taxes Payable	18.32	5.26	11.03	2.24	1.06	0.02
Current Unearned Revenue	372.81	388.35	420.06	336.78	189.78	185.02
Other Current Liabilities	216.02	222.7	215.01	225.78	209.37	184.17
Total Current Liabilities	1,125	1,186	1,202	1,084	800.99	769.68
Long-Term Leases	223.61	233.87	86.02	77.69	37.79	25.93
Long-Term Unearned Revenue	1.5	1.44	1.21	0.6	1.02	2.14
Pension & Post-Retirement Benefits	-	52.39	56.26	59.97	63.46	67.02
Long-Term Deferred Tax Liabilities	85.37	84.73	47.82	39.55	35.48	24.53
Other Long-Term Liabilities	58.32	0.6	0.6	0.6	0.6	0.6
Total Liabilities	1,494	1,560	1,394	1,263	939.33	889.91
Common Stock	670.21	670.21	670.21	670.21	670.21	670.21
Additional Paid-In Capital	1,210	1,210	1,210	1,216	1,216	1,216
Retained Earnings	380.33	347.46	331.02	180.87	106.5	284.52
Comprehensive Income & Other	52.34	59.08	55.89	39.27	53.65	54.25
Total Common Equity	2,313	2,287	2,267	2,106	2,046	2,225
Minority Interest	24.98	25.15	28.43	26.09	13	23.26
Shareholders' Equity	2,338	2,312	2,296	2,132	2,059	2,248
Total Liabilities & Equity	3,832	3,872	3,690	3,395	2,998	3,138
Total Debt	259.41	271.49	115.68	99.43	77.56	48.96
Net Cash (Debt)	1,468	1,538	1,785	1,251	1,023	1,362
Net Cash Growth	1.20%	-13.79%	42.59%	22.30%	-24.89%	-15.62%
Net Cash Per Share	2.09	2.20	2.61	1.80	1.55	2.03
Filing Date Shares Outstanding	670.73	670.21	670.21	670.21	670.21	670.21
Total Common Shares Outstanding	670.73	670.21	670.21	670.21	670.21	670.21
Working Capital	1,002	958.84	1,036	595.37	480.56	835.12
Book Value Per Share	3.45	3.41	3.38	3.14	3.05	3.32
Tangible Book Value	1,823	1,791	1,751	1,567	1,486	1,639
Tangible Book Value Per Share	2.72	2.67	2.61	2.34	2.22	2.45
Buildings	-	1,102	1,109	1,158	1,166	1,167
Machinery	-	787.76	790.17	793.17	786.16	772.2
Construction In Progress	-	8.5	7.84	13.26	3.11	4.04

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