SHE:000828 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	Jan '22 Jan 1, 2022
Cash & Equivalents	2,809	4,373	3,382	5,361	2,976
Short-Term Investments	1	-	1	1	-
Trading Asset Securities	61.75	50.67	87.57	86.71	116.74
Cash & Short-Term Investments	2,872	4,423	3,470	5,448	3,093
Cash Growth	-35.08%	27.47%	-36.31%	76.15%	-32.31%
Accounts Receivable	46.91	42.51	1,497	523.82	409.08
Other Receivables	45.87	988.76	175.02	152.12	294.92
Receivables	92.78	1,031	1,672	675.94	704
Inventory	-	0	0	0.01	0
Other Current Assets	1,813	1,085	8.79	36.97	4.36
Total Current Assets	4,778	6,540	5,151	6,161	3,801
Property, Plant & Equipment	4,421	3,282	13,172	1,417	1,126
Long-Term Investments	3,886	3,026	4,359	3,845	3,519
Goodwill	2.73	2.73	2.73	2.73	2.73
Other Intangible Assets	54.08	86.76	119.25	8,712	6,090
Long-Term Accounts Receivable	222.94	451.94	1,230	1,577	569.81
Long-Term Deferred Tax Assets	181.67	120.75	93.61	71.3	13.21
Long-Term Deferred Charges	34.62	39.81	30.44	29.09	11.62
Other Long-Term Assets	2,177	3,820	5,212	4,688	1,532
Total Assets	15,758	17,369	29,370	26,503	16,665
Accounts Payable	159.03	71.64	2,684	1,812	1,088
Accrued Expenses	83.15	85.59	81.9	90.05	77.43
Short-Term Debt	50.64	1,667	3,478	3,265	1,412
Current Portion of Long-Term Debt	1,056	552.78	519.36	573.1	254.3
Current Portion of Leases	33.65	38.51	36.75	32.88	20.36
Current Income Taxes Payable	19.69	23.17	25.95	63.97	52.02
Current Unearned Revenue	3.95	2.3	0.69	1.85	0.59
Other Current Liabilities	478.93	310.48	123.51	304.37	79.68
Total Current Liabilities	1,885	2,752	6,950	6,143	2,984
Long-Term Debt	3,416	4,459	4,279	5,480	2,136
Long-Term Leases	103.62	118.02	144.69	137.17	107.24
Long-Term Unearned Revenue	48.56	56.52	63.29	79.86	64.61
Long-Term Deferred Tax Liabilities	18.8	23.46	27.51	85.01	77.04
Total Liabilities	5,472	7,409	11,465	11,925	5,369
Common Stock	1,040	1,040	1,040	1,040	1,040
Additional Paid-In Capital	1,152	1,136	1,138	1,138	1,138
Retained Earnings	7,990	7,660	7,180	6,826	6,318
Comprehensive Income & Other	4.34	0.81	1,561	1,562	-12.49
Total Common Equity	10,186	9,837	10,919	10,566	8,483
Minority Interest	100.41	123.67	6,986	4,012	2,813
Shareholders' Equity	10,286	9,960	17,905	14,578	11,296
Total Liabilities & Equity	15,758	17,369	29,370	26,503	16,665
Total Debt	4,660	6,836	8,458	9,489	3,930
Net Cash (Debt)	-1,788	-2,413	-4,988	-4,040	-836.82
Net Cash Per Share	-1.72	-2.32	-4.80	-3.89	-0.81
Filing Date Shares Outstanding	1,040	1,040	1,040	1,040	1,040
Total Common Shares Outstanding	1,040	1,040	1,040	1,040	1,040
Working Capital	2,893	3,788	-1,799	17.96	817
Book Value Per Share	9.80	9.46	8.97	8.63	8.16
Tangible Book Value	10,129	9,747	10,797	1,851	2,391
Tangible Book Value Per Share	9.74	9.38	8.85	0.24	2.30
Buildings	439.87	439.87	439.96	431.48	111.73
Machinery	519.88	491.2	479.08	402.39	301.01
Construction In Progress	3,576	2,245	11,918	24.15	16.44

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