SHE:000550 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	13,583	12,546	11,831	8,605	9,569
Trading Asset Securities	801.9	-	200.6	-	100.24
Cash & Short-Term Investments	14,384	12,546	12,031	8,605	9,669
Cash Growth	14.65%	4.28%	39.82%	-11.01%	-18.92%
Accounts Receivable	6,374	4,504	4,540	5,365	3,316
Other Receivables	125.84	42.51	77.1	103.33	370.55
Receivables	6,500	4,547	4,617	5,468	3,687
Inventory	2,012	2,055	1,560	2,129	1,975
Prepaid Expenses	1,152	1,200	951.66	1,363	984.17
Other Current Assets	150.42	147.22	218.33	302.3	539.97
Total Current Assets	24,199	20,495	19,378	17,867	16,855
Property, Plant & Equipment	6,417	6,570	6,049	6,398	6,782
Long-Term Investments	203.64	219.3	233.8	248.48	257.25
Other Intangible Assets	1,790	1,811	1,691	1,195	1,074
Long-Term Accounts Receivable	71.52	18.53	-	-	-
Long-Term Deferred Tax Assets	980.95	1,530	1,472	1,251	1,233
Long-Term Deferred Charges	57.59	188.1	283.74	477.23	111
Other Long-Term Assets	5.19	7.97	33.69	31.53	46.36
Total Assets	33,725	30,840	29,141	27,468	26,359
Accounts Payable	11,825	10,061	9,476	9,016	9,703
Accrued Expenses	5,133	5,170	5,324	5,196	4,824
Short-Term Debt	1,950	1,500	1,300	1,100	300
Current Portion of Long-Term Debt	0.46	0.47	13.31	0.46	0.42
Current Portion of Leases	91.4	85.68	80.07	72.22	77.62
Current Income Taxes Payable	32.92	-	18.7	55.23	170.08
Current Unearned Revenue	545.86	467.7	243.74	152.07	272.27
Other Current Liabilities	1,805	1,956	1,986	1,917	1,746
Total Current Liabilities	21,383	19,241	18,441	17,509	17,092
Long-Term Debt	0.46	0.94	1.39	20.86	2.09
Long-Term Leases	44.86	93.75	138.01	193.09	263.41
Long-Term Unearned Revenue	475.27	432	187.89	179.09	168.85
Pension & Post-Retirement Benefits	49.85	59.34	52.89	51.29	55.68
Long-Term Deferred Tax Liabilities	123.92	130.3	19.26	23.31	24
Other Long-Term Liabilities	255.44	287.17	315.7	250.76	197.59
Total Liabilities	22,333	20,245	19,156	18,228	17,804
Common Stock	863.21	863.21	863.21	863.21	863.21
Additional Paid-In Capital	839.44	839.44	839.44	839.44	839.44
Retained Earnings	10,184	9,611	8,664	7,555	6,869
Treasury Stock	-170.21	-	-	-	-
Comprehensive Income & Other	-16	-21.02	-16.75	-13.48	-16.42
Total Common Equity	11,700	11,293	10,350	9,244	8,555
Minority Interest	-308.2	-697.24	-365.27	-3.17	-
Shareholders' Equity	11,392	10,595	9,985	9,241	8,555
Total Liabilities & Equity	33,725	30,840	29,141	27,468	26,359
Total Debt	2,087	1,681	1,533	1,387	643.54
Net Cash (Debt)	12,297	10,865	10,498	7,218	9,026
Net Cash Growth	13.18%	3.50%	45.44%	-20.03%	-20.78%
Net Cash Per Share	14.34	12.59	12.16	8.36	10.46
Filing Date Shares Outstanding	854.58	863.21	863.21	863.21	863.21
Total Common Shares Outstanding	854.58	863.21	863.21	863.21	863.21
Working Capital	2,816	1,254	936.96	357.83	-237.21
Book Value Per Share	13.69	13.08	11.99	10.71	9.91
Tangible Book Value	9,910	9,481	8,659	8,049	7,482
Tangible Book Value Per Share	11.60	10.98	10.03	9.32	8.67
Buildings	2,132	2,196	2,054	2,213	2,745
Machinery	13,165	12,645	11,775	10,898	10,618
Construction In Progress	507.61	661.91	464.43	718.61	448.34

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