SHE:000538 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	9,223	9,108	10,888	14,218	13,056	18,871
Short-Term Investments	-	373.13	589.62	2,662	372.98	1,740
Trading Asset Securities	4,796	4,192	2,547	149.37	2,416	4,720
Cash & Short-Term Investments	14,018	13,673	14,025	17,030	15,845	25,331
Cash Growth	1.23%	-2.51%	-17.64%	7.48%	-37.45%	-4.44%
Accounts Receivable	13,847	12,427	12,741	11,784	10,714	8,671
Other Receivables	422.32	406.52	108.43	104.05	118.95	164.96
Receivables	14,269	12,834	12,849	11,889	10,833	8,836
Inventory	6,155	6,231	6,294	6,442	7,993	8,379
Prepaid Expenses	-	101.04	11.08	90.69	13.25	13.41
Other Current Assets	1,477	1,195	971.26	864.64	992.83	2,944
Total Current Assets	35,921	34,035	34,151	36,316	35,677	45,504
Property, Plant & Equipment	4,350	4,330	4,008	3,452	3,307	3,466
Long-Term Investments	13,751	13,510	13,026	12,847	11,771	1,053
Goodwill	300.81	300.81	96.96	104.12	129.88	39.75
Other Intangible Assets	689.95	699.19	561.8	583.37	590.99	699.07
Long-Term Deferred Tax Assets	993.81	974.22	756.98	690.87	713.25	514.54
Long-Term Deferred Charges	230.59	207.08	152.5	119.79	109.06	25.47
Other Long-Term Assets	219.69	212.48	161.11	-327.83	1,022	1,034
Total Assets	56,457	54,269	52,914	53,784	53,321	52,335
Accounts Payable	7,659	7,370	6,672	6,210	6,631	6,438
Accrued Expenses	1,109	2,305	2,141	1,708	1,130	895.26
Short-Term Debt	24.82	182.78	423.38	1,747	1,912	1,796
Current Portion of Long-Term Debt	-	-	-	-	-	22.15
Current Portion of Leases	80.25	76.44	88.44	74.74	93.87	78.51
Current Income Taxes Payable	527.82	127.45	312.43	215.06	366.98	440.94
Current Unearned Revenue	1,599	1,506	1,917	1,740	2,580	2,400
Other Current Liabilities	2,100	1,322	1,304	1,042	844.58	648.37
Total Current Liabilities	13,099	12,890	12,858	12,738	13,558	12,718
Long-Term Debt	86.57	86.57	2.1	2.1	2.1	89.6
Long-Term Leases	131.69	141.83	190.66	172.35	285.78	170.03
Long-Term Unearned Revenue	242.87	271.77	295.49	238.81	178.62	199.18
Pension & Post-Retirement Benefits	-	0.89	0.88	3.68	3.68	3.68
Long-Term Deferred Tax Liabilities	151.94	148.42	93.87	74.77	98.08	63.66
Other Long-Term Liabilities	575.02	581.35	606.61	649.44	667.32	655.81
Total Liabilities	14,288	14,121	14,048	13,879	14,794	13,900
Common Stock	1,784	1,784	1,784	1,797	1,797	1,283
Additional Paid-In Capital	17,654	17,632	17,637	18,247	18,231	18,126
Retained Earnings	22,770	20,733	19,512	20,633	19,251	18,816
Treasury Stock	-	-	-	-707.43	-707.43	-
Comprehensive Income & Other	-112.06	-105.09	-101.26	-89.54	-68.09	2.51
Total Common Equity	42,096	40,044	38,832	39,879	38,504	38,227
Minority Interest	73.15	103.44	34.14	26.24	23.32	207.71
Shareholders' Equity	42,170	40,148	38,866	39,905	38,527	38,435
Total Liabilities & Equity	56,457	54,269	52,914	53,784	53,321	52,335
Total Debt	323.32	487.62	704.57	1,996	2,294	2,156
Net Cash (Debt)	13,695	13,185	13,320	15,033	13,551	23,175
Net Cash Growth	1.22%	-1.01%	-11.39%	10.94%	-41.53%	-2.92%
Net Cash Per Share	7.68	7.39	7.46	8.41	7.59	12.87
Filing Date Shares Outstanding	1,784	1,784	1,784	1,784	1,784	1,796
Total Common Shares Outstanding	1,784	1,784	1,784	1,784	1,784	1,796
Working Capital	22,821	21,144	21,292	23,578	22,119	32,786
Book Value Per Share	23.59	22.44	21.76	22.35	21.58	21.29
Tangible Book Value	41,106	39,044	38,173	39,192	37,783	37,489
Tangible Book Value Per Share	23.04	21.88	21.39	21.97	21.18	20.88
Buildings	-	3,186	2,905	2,489	2,417	2,584
Machinery	-	2,228	1,941	1,822	1,768	1,744
Construction In Progress	-	807.59	703.44	529.71	193.99	230.03

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