SHE:000728 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	5,725	5,405	5,304	4,000	5,164	4,350
Short-Term Investments	38,961	35,854	28,577	24,700	26,982	24,876
Trading Asset Securities	44,434	33,334	31,536	20,746	13,296	16,840
Accounts Receivable	1.02	24.5	27.73	23.68	-	27.56
Other Receivables	34,041	28,826	22,760	17,958	16,355	18,857
Property, Plant & Equipment	1,357	1,362	1,396	1,460	1,456	1,512
Goodwill	120.88	120.88	120.88	120.88	120.88	120.88
Other Intangible Assets	107.76	117.96	122.37	115.42	123.33	101.18
Investments in Debt & Equity Securities	62,099	21,240	22,535	19,736	13,689	35,825
Restricted Cash	13,049	11,511	8,846	6,088	7,121	5,699
Other Current Assets	1,271	7,121	3,460	2,784	4,654	2,364
Long-Term Deferred Tax Assets	87.52	80.06	72.54	540.99	533.73	497.17
Other Long-Term Assets	4,721	39,879	47,262	34,253	39,964	3,518
Total Assets	205,976	184,937	172,101	132,856	129,505	114,618
Accounts Payable	2,225	517.96	114.18	9.24	570.31	29.86
Accrued Expenses	50,534	42,804	33,584	26,055	27,685	24,363
Short-Term Debt	31,574	31,192	27,838	17,734	14,021	12,228
Current Portion of Long-Term Debt	-	11,287	10,550	755.71	3,653	5,887
Current Portion of Leases	-	40.42	42.36	38.78	19.04	18.37
Other Current Liabilities	9,706	8,155	6,527	2,961	4,068	2,654
Long-Term Debt	72,305	52,235	55,567	50,205	46,080	36,308
Long-Term Leases	97.45	55.87	74.65	94.65	102.13	121.8
Long-Term Unearned Revenue	21.6	18.61	6.58	32.4	13.5	20.95
Long-Term Deferred Tax Liabilities	188.56	99.64	250.84	251.24	114.86	241.91
Other Long-Term Liabilities	224.37	141.01	126.47	76.52	174.35	186
Total Liabilities	167,081	146,787	135,041	98,261	96,550	82,306
Common Stock	4,364	4,364	4,364	4,364	4,364	4,364
Additional Paid-In Capital	17,010	17,010	17,010	17,010	17,010	17,009
Retained Earnings	16,276	15,734	14,018	12,681	11,468	10,523
Comprehensive Income & Other	1,228	1,024	1,651	524.88	98.33	401.74
Total Common Equity	38,877	38,132	37,043	34,579	32,939	32,298
Minority Interest	17.91	17.8	17.41	16.32	15.51	14
Shareholders' Equity	38,895	38,150	37,060	34,595	32,955	32,312
Total Liabilities & Equity	205,976	184,937	172,101	132,856	129,505	114,618
Total Debt	103,977	94,810	94,072	68,828	63,875	54,564
Net Cash (Debt)	-14,857	-20,217	-28,656	-19,382	-18,433	-8,498
Net Cash Per Share	-3.38	-4.67	-6.51	-4.46	-4.25	-1.96
Filing Date Shares Outstanding	4,364	4,364	4,364	4,364	4,364	4,364
Total Common Shares Outstanding	4,364	4,364	4,364	4,364	4,364	4,364
Working Capital	43,239	27,991	21,676	29,000	23,527	27,592
Book Value Per Share	8.91	8.74	8.49	7.92	7.55	7.40
Tangible Book Value	38,648	37,893	36,799	34,343	32,695	32,076
Tangible Book Value Per Share	8.86	8.68	8.43	7.87	7.49	7.35

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