SHE:000826 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	831.78	909.73	902.96	858.41	1,229	1,485
Trading Asset Securities	-	-	2.06	10.6	-	-
Cash & Short-Term Investments	831.78	909.73	905.01	869.01	1,229	1,485
Cash Growth	10.69%	0.52%	4.14%	-29.26%	-17.27%	-42.48%
Accounts Receivable	4,500	4,455	4,288	4,257	4,379	5,967
Other Receivables	415.97	459.86	439.56	550.24	1,446	1,438
Receivables	4,916	4,915	4,727	4,807	5,825	7,405
Inventory	199.5	195.76	234.73	356.66	439.03	613.01
Other Current Assets	486.44	485.05	561.1	621.88	823.96	2,425
Total Current Assets	6,434	6,506	6,428	6,655	8,316	11,928
Property, Plant & Equipment	1,999	2,045	2,204	2,736	2,776	3,902
Long-Term Investments	319.2	319.2	278.47	948.82	1,036	1,118
Goodwill	187.5	187.5	206.15	224.89	237.5	780.49
Other Intangible Assets	6,045	6,159	8,891	9,890	11,177	11,938
Long-Term Accounts Receivable	43.9	44.9	57.09	227.83	339.73	525.12
Long-Term Deferred Tax Assets	415.91	404.49	449.25	620.89	567.46	519.95
Long-Term Deferred Charges	36.21	38.05	36.35	43.3	71.72	156.79
Other Long-Term Assets	2,118	2,124	2,171	2,458	2,108	1,914
Total Assets	17,598	17,827	20,722	23,805	26,629	32,782
Accounts Payable	3,405	3,533	3,219	3,269	3,243	5,136
Accrued Expenses	131.67	953.56	271.69	326.6	303.65	275.65
Short-Term Debt	2,296	2,313	2,565	2,533	2,964	4,581
Current Portion of Long-Term Debt	2,383	2,421	481.97	205.45	62.07	415.45
Current Portion of Leases	-	1.4	1.27	17.05	11.78	158.94
Current Income Taxes Payable	146.34	98.38	101.05	116.74	141.42	162.57
Current Unearned Revenue	101.15	82.26	94.66	103.73	138.1	387.48
Other Current Liabilities	3,847	2,972	3,144	1,236	1,380	2,494
Total Current Liabilities	12,310	12,374	9,878	7,807	8,245	13,611
Long-Term Debt	3,731	3,720	4,513	5,195	5,572	5,370
Long-Term Leases	106.89	109.58	139.21	224.66	304.51	386.44
Long-Term Unearned Revenue	150.31	157.66	185.4	213.97	238.14	292.49
Long-Term Deferred Tax Liabilities	48.89	49.74	53.55	57.2	62.6	67.58
Other Long-Term Liabilities	1,344	1,319	1,057	1,864	1,842	1,638
Total Liabilities	17,691	17,730	15,825	15,363	16,265	21,366
Common Stock	1,425	1,425	1,425	1,425	1,431	1,431
Additional Paid-In Capital	6,498	6,498	6,516	-	6,814	6,830
Retained Earnings	-10,427	-10,246	-7,043	-3,863	-2,170	-1,111
Treasury Stock	-	-	-	-	-50.12	-50.12
Comprehensive Income & Other	2.15	2.54	1,503	8,272	1,493	1,493
Total Common Equity	-2,501	-2,320	2,402	5,834	7,518	8,592
Minority Interest	2,408	2,417	2,495	2,609	2,846	2,824
Shareholders' Equity	-93.06	96.91	4,897	8,443	10,364	11,416
Total Liabilities & Equity	17,598	17,827	20,722	23,805	26,629	32,782
Total Debt	8,517	8,564	7,700	8,175	8,915	10,912
Net Cash (Debt)	-7,685	-7,655	-6,795	-7,306	-7,687	-9,427
Net Cash Per Share	-5.64	-5.68	-4.96	-5.52	-6.05	-6.59
Filing Date Shares Outstanding	1,425	1,425	1,425	1,425	1,425	1,425
Total Common Shares Outstanding	1,425	1,425	1,425	1,425	1,425	1,425
Working Capital	-5,877	-5,869	-3,450	-1,152	71.48	-1,683
Book Value Per Share	-1.75	-1.63	0.64	3.04	4.23	4.98
Tangible Book Value	-8,733	-8,666	-6,696	-4,282	-3,896	-4,126
Tangible Book Value Per Share	-6.13	-6.08	-5.75	-4.05	-3.78	-3.94
Buildings	-	964.13	955.46	974.47	946.31	1,729
Machinery	-	422.11	494.65	595.01	583.27	808.27
Construction In Progress	-	710.53	613.7	764.66	611.35	600.3

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