SHE:000811 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	Dec '21 Dec 31, 2021
Cash & Equivalents	2,461	2,407	2,354	2,316	1,707
Trading Asset Securities	2,113	1,358	1,096	622.16	974.8
Cash & Short-Term Investments	4,574	3,765	3,450	2,938	2,681
Cash Growth	21.49%	9.13%	17.41%	9.58%	17.10%
Accounts Receivable	2,500	2,532	2,512	2,185	1,931
Other Receivables	-1.37	0.46	7.68	24.01	13.24
Receivables	2,499	2,532	2,520	2,209	1,944
Inventory	1,754	1,451	1,415	1,425	1,148
Prepaid Expenses	40.09	22.94	8.61	2.19	4.68
Other Current Assets	167.5	171	194.49	307.11	212.74
Total Current Assets	9,035	7,942	7,588	6,881	5,991
Property, Plant & Equipment	1,369	1,384	1,354	1,361	1,188
Long-Term Investments	1,395	1,349	1,362	1,484	1,570
Goodwill	811.33	811.33	813.85	813.85	809.81
Other Intangible Assets	229.06	214.49	220.64	222.66	179.14
Long-Term Deferred Tax Assets	133.24	144.22	130.62	92.98	89.4
Long-Term Deferred Charges	10.33	13.15	12.29	9.67	6.93
Other Long-Term Assets	10.11	7.57	26.13	26.78	29.66
Total Assets	12,993	11,866	11,508	10,892	9,864
Accounts Payable	2,515	2,275	2,324	2,393	2,037
Accrued Expenses	544.9	562.06	513.62	347.1	261.61
Short-Term Debt	565.23	383.94	380.5	418.45	527.42
Current Portion of Long-Term Debt	315.77	68.65	193.18	429.22	33.97
Current Portion of Leases	10.16	11	13.17	10.71	13.24
Current Income Taxes Payable	18.38	56.97	44.29	42	24.54
Current Unearned Revenue	1,238	1,056	1,042	1,079	830.31
Other Current Liabilities	592.45	638.17	558.16	574.65	455.47
Total Current Liabilities	5,800	5,052	5,069	5,294	4,184
Long-Term Debt	145.9	392.29	373.9	39.92	415.87
Long-Term Leases	16.66	16.05	22.36	7.52	17.3
Long-Term Unearned Revenue	51.72	56.43	67.7	78.68	73.92
Pension & Post-Retirement Benefits	-	-	-	-	40.16
Long-Term Deferred Tax Liabilities	142.63	137.41	144.73	152.18	176.1
Other Long-Term Liabilities	78.24	1.44	1.21	36.26	0.98
Total Liabilities	6,235	5,656	5,679	5,608	4,908
Common Stock	992.48	763.57	763.66	745.84	745.84
Additional Paid-In Capital	315.63	550.23	591.94	434.33	457.38
Retained Earnings	4,952	4,502	4,027	3,491	3,170
Treasury Stock	-93.95	-135.63	-139.89	-	-
Comprehensive Income & Other	211.72	131.46	183.82	268.5	382.58
Total Common Equity	6,378	5,812	5,426	4,939	4,756
Minority Interest	379.51	397.94	402.1	344.43	200.08
Shareholders' Equity	6,758	6,210	5,829	5,284	4,956
Total Liabilities & Equity	12,993	11,866	11,508	10,892	9,864
Total Debt	1,054	871.92	983.12	905.83	1,008
Net Cash (Debt)	3,520	2,893	2,467	2,032	1,674
Net Cash Growth	21.68%	17.28%	21.37%	21.44%	21.54%
Net Cash Per Share	3.56	2.91	2.53	2.09	1.71
Filing Date Shares Outstanding	992.48	992.64	992.76	969.59	969.59
Total Common Shares Outstanding	992.48	992.64	992.76	969.59	969.59
Working Capital	3,235	2,890	2,519	1,587	1,807
Book Value Per Share	6.43	5.86	5.47	5.09	4.90
Tangible Book Value	5,338	4,786	4,392	3,903	3,767
Tangible Book Value Per Share	5.38	4.82	4.42	4.03	3.88
Land	59.55	58.99	57.91	100.94	99.16
Buildings	1,061	1,019	884.48	844.05	788.72
Machinery	1,366	1,324	1,235	1,212	1,031
Construction In Progress	63.63	77.86	153.85	112.86	73.74

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