SHE:000651 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	125,969	110,553	113,900	124,105	157,484	116,939
Short-Term Investments	-	43,951	27,906	24,341	5,415	16,320
Trading Asset Securities	28,449	31,336	16,548	9,614	3,867	-
Cash & Short-Term Investments	154,418	185,840	158,355	158,060	166,767	133,259
Cash Growth	10.03%	17.36%	0.19%	-5.22%	25.14%	-8.13%
Accounts Receivable	32,132	22,889	27,065	27,256	44,345	40,608
Other Receivables	348.52	2,914	1,885	1,349	3,211	525.76
Receivables	32,480	30,602	34,576	32,532	47,556	41,133
Inventory	25,693	28,183	27,911	32,579	38,314	42,766
Other Current Assets	29,860	6,318	3,961	4,970	2,504	8,691
Total Current Assets	242,451	250,944	224,803	228,141	255,140	225,850
Property, Plant & Equipment	36,248	36,399	40,853	41,430	39,984	37,679
Long-Term Investments	33,861	73,184	71,586	66,887	29,480	26,443
Goodwill	1,324	1,324	1,368	1,452	1,659	707.63
Other Intangible Assets	9,743	9,865	10,439	10,828	11,622	9,917
Long-Term Accounts Receivable	3.64	-	-	62.19	116.08	2.42
Long-Term Deferred Tax Assets	16,881	16,712	17,671	16,561	14,645	13,662
Long-Term Deferred Charges	36.47	36.86	37.34	24.28	22.86	18.72
Other Long-Term Assets	39,830	610.04	843.9	2,125	1,682	1,178
Total Assets	381,614	391,372	368,032	368,054	355,071	319,598
Accounts Payable	61,594	57,648	61,570	64,888	71,466	76,619
Accrued Expenses	3,877	54,617	55,721	56,963	58,376	62,051
Short-Term Debt	67,501	67,957	39,010	28,098	54,517	33,565
Current Portion of Long-Term Debt	3,333	13,573	15,479	20,411	-	1,227
Current Portion of Leases	-	94.99	97.92	194.26	236.7	11.47
Current Income Taxes Payable	2,181	861.82	1,942	2,545	1,857	961.03
Current Unearned Revenue	12,335	15,207	12,491	13,589	14,972	15,505
Other Current Liabilities	66,066	21,611	14,814	14,295	14,947	7,161
Total Current Liabilities	216,887	231,570	201,125	200,983	216,372	197,101
Long-Term Debt	2,179	3,135	18,230	39,036	30,784	8,961
Long-Term Leases	658.87	652.8	719.2	794.04	251.48	3.31
Long-Term Unearned Revenue	3,326	3,325	3,410	3,528	3,340	2,703
Pension & Post-Retirement Benefits	211.76	211.77	232.7	195.06	175.71	164.41
Long-Term Deferred Tax Liabilities	2,477	2,686	2,801	2,872	2,271	2,294
Other Long-Term Liabilities	-	-	-	-	-	446.19
Total Liabilities	225,740	241,581	226,518	247,408	253,195	211,673
Common Stock	5,601	5,601	5,601	5,631	5,631	5,914
Additional Paid-In Capital	1,834	1,681	472.18	1,353	496.1	125.87
Retained Earnings	146,272	140,190	133,746	114,450	94,206	105,965
Treasury Stock	-1,136	-1,704	-2,617	-4,943	-5,644	-19,580
Comprehensive Income & Other	-546.99	160.56	213.69	302.51	2,069	11,226
Total Common Equity	152,024	145,929	137,417	116,794	96,759	103,652
Minority Interest	3,849	3,862	4,097	3,852	5,117	4,274
Shareholders' Equity	155,874	149,791	141,514	120,646	101,876	107,925
Total Liabilities & Equity	381,614	391,372	368,032	368,054	355,071	319,598
Total Debt	73,672	85,413	73,536	88,533	85,789	43,768
Net Cash (Debt)	80,746	100,427	84,819	69,527	80,977	89,492
Net Cash Growth	43.14%	18.40%	22.00%	-14.14%	-9.51%	-23.84%
Net Cash Per Share	14.44	18.01	15.36	12.51	14.64	15.68
Filing Date Shares Outstanding	5,580	5,585	5,522	5,522	5,232	5,537
Total Common Shares Outstanding	5,580	5,585	5,522	5,522	5,232	5,483
Working Capital	25,563	19,374	23,677	27,158	38,768	28,748
Book Value Per Share	27.24	26.13	24.89	21.15	18.49	18.90
Tangible Book Value	140,957	134,740	125,610	104,514	83,478	93,027
Tangible Book Value Per Share	25.26	24.12	22.75	18.93	15.96	16.97
Buildings	-	39,565	38,852	34,509	31,862	26,992
Machinery	-	37,597	36,921	33,914	32,290	29,080
Construction In Progress	-	1,338	3,076	6,564	5,967	6,481

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