SHE:000921 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	3,496	4,398	4,939	6,001	7,023
Short-Term Investments	6,705	5,515	4,071	2,851	4,223
Trading Asset Securities	19,155	16,209	13,192	6,758	5,626
Cash & Short-Term Investments	29,357	26,122	22,202	15,611	16,872
Cash Growth	12.38%	17.66%	42.22%	-7.47%	25.48%
Accounts Receivable	14,198	16,996	14,646	12,890	12,665
Other Receivables	194.12	242.82	145.8	475.03	484.04
Receivables	14,392	17,239	14,792	13,365	13,149
Inventory	6,862	7,567	6,775	6,553	8,437
Prepaid Expenses	1,242	858.85	773.83	673.73	797.72
Other Current Assets	636.06	720.67	597.49	427.1	444.55
Total Current Assets	52,489	52,508	45,140	36,629	39,700
Property, Plant & Equipment	8,271	6,486	6,275	6,024	6,064
Long-Term Investments	6,186	7,459	11,490	9,559	6,769
Goodwill	132.57	226.41	226.41	226.41	226.41
Other Intangible Assets	1,306	1,407	1,342	1,460	1,644
Long-Term Deferred Tax Assets	1,127	1,088	1,126	984.49	897.87
Long-Term Deferred Charges	70.07	44.78	40.73	41.62	26.23
Other Long-Term Assets	402.43	483.96	306.79	451.09	620.82
Total Assets	69,984	69,702	65,946	55,376	55,949
Accounts Payable	28,306	28,981	26,658	21,040	23,293
Accrued Expenses	5,868	6,562	6,365	5,265	5,268
Short-Term Debt	3,301	2,709	2,502	1,462	2,859
Current Portion of Long-Term Debt	22.42	17.84	15.2	14.04	15.2
Current Portion of Leases	95.04	84.09	106.47	131.13	156.15
Current Income Taxes Payable	205.79	282.5	508.3	426.13	442.96
Current Unearned Revenue	1,621	1,841	1,444	1,145	1,147
Other Current Liabilities	7,036	7,442	6,442	6,881	4,831
Total Current Liabilities	46,455	47,919	44,042	36,365	38,012
Long-Term Debt	71.31	49.37	42.96	19.81	32.38
Long-Term Leases	163.21	161.47	208.95	277.2	395.95
Long-Term Unearned Revenue	427.73	334.59	149.19	145.84	152.99
Pension & Post-Retirement Benefits	78.99	77.92	105.96	116.09	143.73
Long-Term Deferred Tax Liabilities	158.26	148.94	158.44	168.18	174.22
Other Long-Term Liabilities	1,109	1,636	1,843	2,005	1,446
Total Liabilities	48,464	50,327	46,550	39,097	40,357
Common Stock	1,385	1,386	1,388	1,363	1,363
Additional Paid-In Capital	2,217	2,099	2,115	2,074	2,069
Retained Earnings	13,512	12,025	10,080	7,960	6,817
Treasury Stock	-139.71	-264.24	-236.63	-	-
Comprehensive Income & Other	495.07	210.03	233.32	121.27	93.57
Total Common Equity	17,469	15,456	13,580	11,518	10,342
Minority Interest	4,051	3,919	5,816	4,761	5,249
Shareholders' Equity	21,521	19,375	19,396	16,279	15,591
Total Liabilities & Equity	69,984	69,702	65,946	55,376	55,949
Total Debt	3,653	3,021	2,876	1,904	3,459
Net Cash (Debt)	25,704	23,101	19,326	13,706	13,413
Net Cash Growth	11.27%	19.53%	41.00%	2.19%	0.35%
Net Cash Per Share	18.79	16.97	14.17	10.03	9.79
Filing Date Shares Outstanding	1,384	1,356	1,368	1,363	1,363
Total Common Shares Outstanding	1,384	1,356	1,368	1,363	1,363
Working Capital	6,034	4,589	1,098	264.25	1,687
Book Value Per Share	12.62	11.39	9.93	8.45	7.59
Tangible Book Value	16,031	13,822	12,012	9,832	8,471
Tangible Book Value Per Share	11.58	10.19	8.78	7.22	6.22
Land	744.1	327.63	327.13	301.47	312.01
Buildings	4,947	3,982	3,981	3,889	3,503
Machinery	9,809	9,279	8,870	8,093	7,512
Construction In Progress	911.16	674.46	443.52	525.17	665.96

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