SHE:000739 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	3,635	3,786	3,662	3,581	3,553	2,610
Trading Asset Securities	-	-	-	-	0.09	14.89
Cash & Short-Term Investments	3,635	3,786	3,662	3,581	3,553	2,625
Cash Growth	4.89%	3.41%	2.26%	0.78%	35.35%	13.61%
Accounts Receivable	2,580	2,271	2,265	2,243	2,040	1,523
Other Receivables	12.24	99.96	112.26	114.46	116.28	103.74
Receivables	2,592	2,371	2,378	2,421	2,156	1,626
Inventory	1,389	1,602	1,860	2,083	1,802	1,250
Prepaid Expenses	-	7.33	4.64	26.65	20.59	13.06
Other Current Assets	276.45	112.57	282.71	256.96	249.5	267.72
Total Current Assets	7,892	7,879	8,187	8,368	7,781	5,782
Property, Plant & Equipment	3,472	3,583	3,775	3,564	3,406	2,588
Long-Term Investments	191.23	186.68	139.66	174.05	91.41	81.25
Goodwill	20.31	20.31	20.31	20.31	20.31	20.31
Other Intangible Assets	298.12	300.74	314.61	319.8	338.93	346.05
Long-Term Deferred Tax Assets	230.06	234.7	227.66	247.4	270.29	47.58
Long-Term Deferred Charges	87.1	83.57	15.77	20.57	66.21	46.76
Other Long-Term Assets	58.79	25.4	45.83	53.75	47.15	133.22
Total Assets	12,250	12,318	12,729	12,768	12,021	9,045
Accounts Payable	3,262	3,382	3,633	4,127	4,311	2,623
Accrued Expenses	100.52	258.26	251.62	226.43	202.82	221.62
Short-Term Debt	1,080	1,027	814.03	807.8	562.81	332.47
Current Portion of Long-Term Debt	-	1	5	81.34	0.4	0.2
Current Portion of Leases	-	5.36	6.61	7.98	8.65	13.77
Current Income Taxes Payable	123.03	121.17	92.33	77.04	80.59	120.56
Current Unearned Revenue	181.05	185.89	514.33	430.37	458.26	302.4
Other Current Liabilities	336.34	384.67	425.26	550.05	402.44	165.8
Total Current Liabilities	5,083	5,365	5,743	6,308	6,027	3,779
Long-Term Debt	459.26	468.3	70.05	18.71	249.62	104.94
Long-Term Leases	16.13	18.91	13.78	4.47	15.81	22.95
Long-Term Unearned Revenue	59.29	51.85	31.69	30.62	15.12	1.17
Long-Term Deferred Tax Liabilities	63.58	67.7	84.98	103.71	122.96	4.25
Other Long-Term Liabilities	-	-	36	72	72	72
Total Liabilities	5,681	5,972	5,979	6,537	6,502	3,985
Common Stock	1,158	1,158	1,169	1,179	1,179	1,179
Additional Paid-In Capital	104.79	104.79	247	438.01	438.01	438.01
Retained Earnings	5,807	5,558	5,481	4,804	4,096	3,443
Treasury Stock	-509.98	-482.06	-153.09	-200.2	-200.2	-
Comprehensive Income & Other	0.54	-0.96	-2.02	2.01	-0.79	0.43
Total Common Equity	6,561	6,338	6,742	6,223	5,512	5,060
Minority Interest	8.18	7.92	7.92	7.69	7.35	-
Shareholders' Equity	6,569	6,346	6,750	6,230	5,519	5,060
Total Liabilities & Equity	12,250	12,318	12,729	12,768	12,021	9,045
Total Debt	1,555	1,520	909.47	920.3	837.3	474.33
Net Cash (Debt)	2,080	2,266	2,752	2,660	2,716	2,151
Net Cash Growth	-23.05%	-17.66%	3.45%	-2.04%	26.27%	8.61%
Net Cash Per Share	1.81	1.96	2.37	2.28	2.31	1.82
Filing Date Shares Outstanding	1,126	1,126	1,158	1,169	1,169	1,179
Total Common Shares Outstanding	1,126	1,128	1,158	1,169	1,169	1,179
Working Capital	2,809	2,514	2,444	2,060	1,755	2,003
Book Value Per Share	5.83	5.62	5.82	5.32	4.71	4.29
Tangible Book Value	6,243	6,017	6,407	5,883	5,153	4,694
Tangible Book Value Per Share	5.54	5.34	5.53	5.03	4.41	3.98
Buildings	-	2,032	1,991	1,743	1,743	1,474
Machinery	-	5,162	4,767	4,398	4,126	2,903
Construction In Progress	-	244.11	407.48	545.85	311.4	710.22

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