SHE:000598 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	-	4,300	3,908	3,744	3,208
Accounts Receivable	-	3,926	3,239	2,788	2,131
Other Receivables	-	145.65	137.89	263.53	228.98
Inventory	-	226.57	227.98	229.69	202.85
Other Current Assets	-	251.78	210.45	392.3	406.67
Total Current Assets	-	8,851	7,723	7,417	6,177
Property, Plant & Equipment	-	22,802	18,834	15,890	14,387
Goodwill	-	1.87	1.87	1.87	1.87
Other Intangible Assets	-	13,106	13,170	11,458	10,739
Long-Term Investments	-	2.59	101.04	1.99	-
Long-Term Deferred Tax Assets	-	352.09	289.84	214.35	143.31
Long-Term Deferred Charges	-	33.62	43.52	53.47	35.05
Long-Term Accounts Receivable	-	485.25	376.5	505.51	297.86
Other Long-Term Assets	-	2,815	3,015	2,843	2,730
Total Assets	-	48,448	43,555	38,385	34,511
Accounts Payable	-	6,475	6,064	5,433	5,290
Accrued Expenses	-	564.37	538.59	528.76	430.59
Short-Term Debt	-	40.02	-	55.36	527.6
Current Portion of Long-Term Debt	-	2,338	1,400	527.52	437.39
Current Unearned Revenue	-	783.53	588.54	489.39	586.79
Current Portion of Leases	-	20.53	26.83	24.9	28.15
Current Income Taxes Payable	-	81.57	91.14	66.41	87.64
Other Current Liabilities	-	1,393	1,231	1,023	895.69
Total Current Liabilities	-	11,696	9,940	8,149	8,283
Long-Term Debt	-	15,112	13,794	12,475	10,329
Long-Term Leases	-	19.05	9.59	19.87	38.18
Long-Term Unearned Revenue	-	349.77	354.77	286.68	154.3
Long-Term Deferred Tax Liabilities	-	119.73	81.49	46.89	-
Other Long-Term Liabilities	-	1,599	1,583	1,673	1,363
Total Liabilities	-	28,896	25,763	22,650	20,168
Common Stock	-	2,984	2,986	2,986	2,986
Additional Paid-In Capital	-	2,127	2,132	1,780	1,773
Retained Earnings	-	13,077	11,588	10,079	8,766
Treasury Stock	-	-38.5	-71.62	-76.41	-78.14
Comprehensive Income & Other	-	10.6	9.52	8.7	11.08
Total Common Equity	19,482	18,160	16,644	14,778	13,458
Minority Interest	-	1,393	1,149	957.67	885.79
Shareholders' Equity	20,904	19,553	17,792	15,735	14,344
Total Liabilities & Equity	-	48,448	43,555	38,385	34,511
Total Debt	19,165	17,529	15,230	13,102	11,360
Net Cash (Debt)	-15,064	-13,229	-11,322	-9,358	-8,153
Net Cash Per Share	-5.04	-4.43	-3.79	-3.13	-2.75
Filing Date Shares Outstanding	3,022	2,977	2,969	2,969	2,969
Total Common Shares Outstanding	3,022	2,977	2,969	2,969	2,969
Working Capital	-	-2,845	-2,217	-731.78	-2,106
Book Value Per Share	6.53	6.10	5.61	4.98	4.53
Tangible Book Value	6,664	5,052	3,472	3,318	2,717
Tangible Book Value Per Share	2.24	1.70	1.17	1.12	0.92
Buildings	-	6,868	5,494	4,177	3,741
Machinery	-	5,153	4,338	3,708	3,515
Construction In Progress	-	9,465	7,124	5,688	4,846

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.