SHE:000625 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	39,831	54,022	64,182	64,871	53,530	51,976
Short-Term Investments	-	8,692	93.63	8,005	-	-
Trading Asset Securities	80	-	155.01	167.52	280.32	195.8
Cash & Short-Term Investments	39,911	62,714	64,431	73,043	53,810	52,172
Cash Growth	-33.79%	-2.67%	-11.79%	35.74%	3.14%	61.99%
Accounts Receivable	40,909	37,350	49,572	41,513	39,376	27,094
Other Receivables	852.46	1,137	2,642	894.27	1,245	547.66
Receivables	41,761	38,487	52,214	42,407	40,621	27,642
Inventory	19,661	22,518	17,081	13,466	5,823	6,853
Prepaid Expenses	-	755.65	443.75	336.8	-	3.08
Other Current Assets	14,613	4,078	2,199	1,681	1,821	4,470
Total Current Assets	115,946	128,553	136,369	130,935	102,076	91,140
Property, Plant & Equipment	23,259	23,474	23,643	22,118	20,835	22,852
Long-Term Investments	21,367	23,260	22,272	14,292	14,897	13,947
Goodwill	1,811	1,811	1,811	1,811	9.8	48.88
Other Intangible Assets	16,585	17,225	16,772	15,046	4,446	4,386
Long-Term Deferred Tax Assets	3,613	3,495	3,564	3,248	3,029	2,281
Long-Term Deferred Charges	4,248	3,412	1,747	2,266	749.59	742.6
Other Long-Term Assets	3,886	1,730	1,991	456.2	6.42	6.65
Total Assets	190,716	202,961	208,168	190,171	146,049	135,405
Accounts Payable	66,683	73,821	78,646	75,747	51,522	47,943
Accrued Expenses	1,958	20,020	18,223	12,754	11,445	10,317
Short-Term Debt	43.73	512.28	40.04	30.04	29	19
Current Portion of Long-Term Debt	-	36	36	4	604	354.3
Current Portion of Leases	-	161.48	91.94	74.89	37.29	24.95
Current Income Taxes Payable	1,199	229.68	197.1	1,136	550.25	105.63
Current Unearned Revenue	5,827	6,909	11,013	8,213	6,291	9,841
Other Current Liabilities	18,203	4,370	5,111	5,281	4,881	7,502
Total Current Liabilities	93,914	106,059	113,357	103,239	75,359	76,107
Long-Term Debt	999.83	999.8	1,536	1,072	1,036	600
Long-Term Leases	258.35	299.15	269.21	134.25	60.21	38.68
Long-Term Unearned Revenue	1,260	1,334	1,903	2,217	1,230	1,711
Pension & Post-Retirement Benefits	22.35	24.58	26.69	30.41	35.01	39.1
Long-Term Deferred Tax Liabilities	1,505	1,570	1,835	1,566	237.04	217.44
Other Long-Term Liabilities	11,033	10,689	10,161	7,229	5,143	825.47
Total Liabilities	108,993	120,976	129,088	115,488	83,100	79,538
Common Stock	9,913	9,914	9,914	9,917	9,922	7,632
Additional Paid-In Capital	8,979	7,441	7,119	6,804	6,485	8,775
Retained Earnings	58,811	58,460	57,803	53,894	44,908	38,883
Treasury Stock	-3.4	-3.4	-169.26	-382.28	-627.06	-655.81
Comprehensive Income & Other	-498.01	1,525	1,909	1,620	2,171	1,099
Total Common Equity	77,201	77,336	76,576	71,853	62,859	55,733
Minority Interest	4,522	4,649	2,504	2,830	90.71	133.31
Shareholders' Equity	81,723	81,985	79,081	74,683	62,949	55,866
Total Liabilities & Equity	190,716	202,961	208,168	190,171	146,049	135,405
Total Debt	1,302	2,009	1,973	1,315	1,766	1,037
Net Cash (Debt)	38,609	60,705	62,458	71,729	52,044	51,135
Net Cash Growth	-34.42%	-2.81%	-12.93%	37.82%	1.78%	67.26%
Net Cash Per Share	3.97	6.11	6.31	7.16	5.21	5.15
Filing Date Shares Outstanding	9,913	9,914	9,914	9,917	9,922	9,922
Total Common Shares Outstanding	9,913	9,914	9,914	9,917	9,922	9,922
Working Capital	22,032	22,494	23,011	27,695	26,716	15,034
Book Value Per Share	7.79	7.80	7.72	7.25	6.34	5.62
Tangible Book Value	58,805	58,300	57,994	54,997	58,402	51,298
Tangible Book Value Per Share	5.93	5.88	5.85	5.55	5.89	5.17
Buildings	-	11,827	11,232	10,340	9,731	9,782
Machinery	-	38,089	36,628	37,409	35,183	34,672
Construction In Progress	-	1,029	1,596	1,914	1,388	1,460

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