SHE:000917 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	998.04	1,180	1,784	1,553	1,878	2,058
Trading Asset Securities	2,277	2,120	1,456	1,320	1,233	1,761
Cash & Short-Term Investments	3,275	3,300	3,240	2,874	3,111	3,820
Cash Growth	8.25%	1.86%	12.74%	-7.63%	-18.55%	-1.92%
Accounts Receivable	822.28	811.81	732.37	740.4	895.65	892.08
Other Receivables	92.89	85.98	112.63	163.8	208.89	179.35
Receivables	915.17	897.79	845	904.2	1,105	1,071
Inventory	1,032	1,035	987.57	973.44	997.36	1,027
Other Current Assets	324.01	404.93	286	749.76	817.39	788.44
Total Current Assets	5,546	5,638	5,358	5,501	6,031	6,707
Property, Plant & Equipment	1,164	1,176	1,232	1,288	1,331	1,339
Long-Term Investments	9,350	9,295	9,442	9,634	9,565	10,261
Goodwill	503.49	503.49	503.49	503.92	503.92	503.92
Other Intangible Assets	52.35	55.16	45.16	54.66	66.9	58.77
Long-Term Deferred Tax Assets	177.6	170.38	104.57	108.34	116.47	60.62
Long-Term Deferred Charges	58.46	64.81	67.87	74.3	32.49	25.02
Other Long-Term Assets	34.68	34.82	33.64	31.58	38.19	37.27
Total Assets	16,887	16,938	16,786	17,195	17,685	18,993
Accounts Payable	513.64	630.11	652.41	714.84	819.45	924.31
Accrued Expenses	57.27	175.87	253.6	311.49	288.18	435.17
Short-Term Debt	943.73	642.28	766.54	1,397	770.56	513.07
Current Portion of Long-Term Debt	661.51	387.09	2,082	62	1,552	2,040
Current Portion of Leases	-	-	23.11	23.62	21.57	12.27
Current Income Taxes Payable	160.71	187.63	156.49	174.49	188.09	182.68
Current Unearned Revenue	406.71	137.65	78.49	77.52	189.98	226.54
Other Current Liabilities	302.88	377.1	341.47	526.54	599.53	840.05
Total Current Liabilities	3,046	2,538	4,354	3,288	4,429	5,174
Long-Term Debt	1,870	2,364	570.49	1,912	1,300	1,492
Long-Term Leases	60.91	48.89	66.28	80.13	95.12	69.18
Long-Term Unearned Revenue	10.05	13.09	10.37	11.57	4.07	4.27
Long-Term Deferred Tax Liabilities	564.35	582.16	481.51	503.17	516.03	641.39
Other Long-Term Liabilities	1.5	1.5	1.5	-	-	-
Total Liabilities	5,553	5,547	5,484	5,795	6,344	7,381
Common Stock	1,418	1,418	1,418	1,418	1,418	1,418
Additional Paid-In Capital	6,359	6,359	6,420	6,420	6,421	6,421
Retained Earnings	1,716	1,809	1,711	1,643	1,496	1,316
Comprehensive Income & Other	799.16	792.1	751.1	820.39	857.86	1,154
Total Common Equity	10,291	10,377	10,300	10,301	10,193	10,308
Minority Interest	1,042	1,014	1,003	1,099	1,148	1,304
Shareholders' Equity	11,333	11,391	11,302	11,401	11,340	11,612
Total Liabilities & Equity	16,887	16,938	16,786	17,195	17,685	18,993
Total Debt	3,536	3,442	3,508	3,475	3,739	4,126
Net Cash (Debt)	-260.89	-141.8	-268.56	-601.53	-627.89	-306.49
Net Cash Per Share	-0.19	-0.10	-0.20	-0.41	-0.45	-0.21
Filing Date Shares Outstanding	1,324	1,416	1,418	1,418	1,418	1,418
Total Common Shares Outstanding	1,324	1,416	1,418	1,418	1,418	1,418
Working Capital	2,500	3,100	1,004	2,213	1,601	1,533
Book Value Per Share	7.78	7.33	7.27	7.27	7.19	7.27
Tangible Book Value	9,736	9,818	9,751	9,743	9,622	9,746
Tangible Book Value Per Share	7.36	6.93	6.88	6.87	6.79	6.87
Buildings	-	-	1,676	1,672	1,664	1,661
Machinery	-	-	695.09	685.51	680.34	736.84
Construction In Progress	-	-	108.12	103.94	110.79	94.07

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