SHE:000901 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	1,222	1,143	1,060	988.27	1,086	1,241
Cash & Short-Term Investments	1,222	1,143	1,060	988.27	1,086	1,241
Cash Growth	8.49%	7.84%	7.23%	-9.04%	-12.45%	3.86%
Accounts Receivable	1,495	1,487	1,948	1,971	1,848	1,686
Other Receivables	46.61	18.31	3.09	27.23	13.56	21.64
Receivables	1,542	1,506	1,951	1,998	1,861	1,708
Inventory	1,644	1,578	1,827	1,961	1,759	1,328
Other Current Assets	132.65	167.34	251.54	243.27	257.48	255.45
Total Current Assets	4,541	4,394	5,089	5,191	4,965	4,533
Property, Plant & Equipment	1,241	1,288	2,060	2,193	2,026	1,715
Long-Term Investments	137.24	312.22	222.62	238.25	237.43	194.74
Goodwill	191.58	198.96	364.69	377.23	360.82	353.18
Other Intangible Assets	233.84	250.54	282.17	240.22	207.4	181.9
Long-Term Accounts Receivable	-	210.68	209.34	201.61	184.91	189.54
Long-Term Deferred Tax Assets	39.71	33.82	60.87	74.55	56.32	125.95
Long-Term Deferred Charges	67.7	65.08	120.25	144.15	138.41	140.54
Other Long-Term Assets	299.03	94.84	88.43	110.25	74.64	181.66
Total Assets	6,750	6,848	8,498	8,770	8,251	7,615
Accounts Payable	1,473	1,493	1,938	1,978	1,578	1,263
Accrued Expenses	89.24	111.56	176.55	194.92	160.23	131.73
Short-Term Debt	9.2	19.22	392.82	231.83	142.58	80.66
Current Portion of Long-Term Debt	48.71	-	86.51	97.4	65.47	37.93
Current Portion of Leases	-	51.13	120.91	103.18	102.59	103.88
Current Income Taxes Payable	16.91	6.51	3.3	9.45	5	4.24
Current Unearned Revenue	172.45	158.69	196.11	179.98	183.31	144.49
Other Current Liabilities	77.95	87.79	189.2	101.68	101.83	165.47
Total Current Liabilities	1,888	1,927	3,104	2,897	2,339	1,931
Long-Term Debt	-	-	157.12	501.99	503.79	341.52
Long-Term Leases	330.7	364.25	551.95	599.71	594.52	515.75
Long-Term Unearned Revenue	19.71	18.74	37.23	45.37	75.53	18.24
Pension & Post-Retirement Benefits	-	73.88	116.37	134	111.42	135.25
Long-Term Deferred Tax Liabilities	17.97	25.65	53.11	47.64	38.23	129.48
Other Long-Term Liabilities	118.04	30.43	125.72	149.24	101.34	110.24
Total Liabilities	2,374	2,440	4,145	4,375	3,764	3,182
Common Stock	798.2	798.2	798.2	798.2	798.2	798.2
Additional Paid-In Capital	3,057	3,057	3,057	3,057	3,057	3,085
Retained Earnings	421.52	313.07	239.58	227.3	383.42	375.35
Comprehensive Income & Other	-29.21	109.92	66.34	110.32	34.23	-15.94
Total Common Equity	4,248	4,278	4,161	4,193	4,273	4,242
Minority Interest	128.97	129.54	191.33	202.59	214.04	190.63
Shareholders' Equity	4,376	4,408	4,352	4,395	4,487	4,433
Total Liabilities & Equity	6,750	6,848	8,498	8,770	8,251	7,615
Total Debt	388.62	434.6	1,309	1,534	1,409	1,080
Net Cash (Debt)	833.28	708.21	-249.6	-545.85	-322.49	161.18
Net Cash Growth	-	-	-	-	-	-68.44%
Net Cash Per Share	1.04	0.89	-0.31	-0.68	-0.40	0.20
Filing Date Shares Outstanding	799.43	798.2	798.2	798.2	798.2	798.2
Total Common Shares Outstanding	799.43	798.2	798.2	798.2	798.2	798.2
Working Capital	2,653	2,467	1,986	2,294	2,626	2,601
Book Value Per Share	5.31	5.36	5.21	5.25	5.35	5.31
Tangible Book Value	3,822	3,829	3,514	3,575	3,705	3,707
Tangible Book Value Per Share	4.78	4.80	4.40	4.48	4.64	4.64
Buildings	-	594.48	795.21	721.24	684.12	530.99
Machinery	-	1,544	2,737	2,649	2,369	2,127
Construction In Progress	-	8.7	56.66	169.63	231.01	138.89

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