SHE:000900 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	Jan '22 Jan 1, 2022
Cash & Equivalents	4,641	4,359	3,785	3,928	5,878	5,437
Short-Term Investments	-	1,255	598.19	482.74	263.64	-
Trading Asset Securities	231.24	183.52	148.13	199.42	78.97	90.16
Cash & Short-Term Investments	4,873	5,797	4,531	4,610	6,221	5,527
Cash Growth	27.89%	27.93%	-1.71%	-25.89%	12.55%	0.36%
Accounts Receivable	1,309	579.49	674.67	789.1	787.16	570.66
Other Receivables	212.49	176.37	193.55	232.45	291.34	387.53
Receivables	1,721	1,122	1,394	1,698	1,587	1,046
Inventory	1,004	629.77	398.61	217.8	268.1	674.64
Other Current Assets	4,650	2,616	2,459	1,955	1,856	1,649
Total Current Assets	12,248	10,165	8,783	8,480	9,932	8,897
Property, Plant & Equipment	864.26	847.34	1,048	1,335	1,863	2,350
Long-Term Investments	7,458	7,288	6,804	6,117	5,952	6,451
Goodwill	345.22	345.22	346.3	346.3	346.78	346.78
Other Intangible Assets	30,646	30,847	31,810	32,470	32,665	33,193
Long-Term Accounts Receivable	-	914.96	756.64	316.41	594.33	179.45
Long-Term Deferred Tax Assets	184.54	171.2	161.64	121.23	154.59	148.39
Long-Term Deferred Charges	177.39	184.6	127.37	151.8	209.08	236.92
Other Long-Term Assets	2,408	660.83	736.95	747.08	407.53	410.73
Total Assets	62,857	59,670	58,130	56,819	57,907	57,029
Accounts Payable	756.25	642.04	692.43	422.2	560.56	966.64
Accrued Expenses	386.26	451.8	484.2	221.26	211.29	552.35
Short-Term Debt	4,953	5,112	5,262	3,831	4,736	5,499
Current Portion of Long-Term Debt	-	1,439	1,491	1,863	1,013	788.21
Current Portion of Leases	-	1.9	4.53	3.94	4.36	5.1
Current Income Taxes Payable	-	115.47	131.99	99.99	79.23	135.96
Current Unearned Revenue	383.6	53.36	62.5	52.72	46.66	154.06
Other Current Liabilities	19,426	16,526	14,816	14,012	13,723	19,145
Total Current Liabilities	25,905	24,341	22,944	20,507	20,374	27,246
Long-Term Debt	21,057	20,704	20,601	21,827	23,441	16,758
Long-Term Leases	4.52	1.61	2.89	4.3	2.14	4.97
Long-Term Unearned Revenue	113.01	107.54	127.41	140.53	154.51	156.59
Long-Term Deferred Tax Liabilities	158.29	158.22	138.82	108.75	145.66	146.68
Other Long-Term Liabilities	139.68	72.68	7.22	25.36	32.83	119.8
Total Liabilities	47,377	45,385	43,821	42,613	44,150	44,432
Common Stock	1,518	1,518	1,518	1,518	1,518	1,518
Additional Paid-In Capital	118.14	120.9	121.41	84.14	47.73	49.33
Retained Earnings	9,526	9,358	9,222	9,159	8,828	8,660
Comprehensive Income & Other	1,524	1,533	1,611	1,577	1,549	594.3
Total Common Equity	12,686	12,530	12,472	12,338	11,942	10,821
Minority Interest	2,793	1,755	1,837	1,868	1,814	1,776
Shareholders' Equity	15,479	14,285	14,309	14,206	13,757	12,597
Total Liabilities & Equity	62,857	59,670	58,130	56,819	57,907	57,029
Total Debt	26,014	27,258	27,361	27,530	29,196	23,055
Net Cash (Debt)	-21,142	-21,461	-22,830	-22,920	-22,975	-17,528
Net Cash Per Share	-12.52	-12.71	-12.82	-13.44	-14.37	-11.52
Filing Date Shares Outstanding	1,518	1,518	1,518	1,518	1,518	1,518
Total Common Shares Outstanding	1,518	1,518	1,518	1,518	1,518	1,518
Working Capital	-13,657	-14,177	-14,161	-12,026	-10,442	-18,350
Book Value Per Share	8.36	7.27	7.23	7.14	6.88	6.80
Tangible Book Value	-18,305	-18,662	-19,685	-20,478	-21,070	-22,719
Tangible Book Value Per Share	-12.06	-13.28	-13.96	-14.48	-14.87	-15.30
Buildings	-	639.63	764.43	911.07	1,231	1,234
Machinery	-	56.51	61.51	67.98	81.34	73.94
Construction In Progress	-	39.33	92.5	45.53	280.17	576.89

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