SHE:000933 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	7,605	3,017	3,283	13,323	17,907	10,515
Short-Term Investments	1,157	1,990	-	-	-	-
Cash & Short-Term Investments	8,776	5,007	3,283	13,323	17,907	10,515
Cash Growth	103.68%	52.53%	-75.36%	-25.60%	70.30%	-25.70%
Accounts Receivable	2,047	1,469	1,205	1,213	1,124	662.63
Other Receivables	195.62	276.41	593.84	359.53	657.14	403.75
Receivables	2,243	1,746	1,799	1,573	1,781	1,066
Inventory	3,844	3,935	3,564	3,053	3,100	2,777
Prepaid Expenses	-	145.69	76.84	1.55	3.07	3.52
Other Current Assets	1,163	948.72	2,374	1,502	853.14	1,443
Total Current Assets	16,026	11,782	11,096	19,452	23,645	15,804
Property, Plant & Equipment	22,859	23,042	23,825	23,834	22,786	24,014
Long-Term Investments	5,849	5,834	5,044	4,170	3,989	3,690
Goodwill	13.26	13.26	13.26	13.26	-	-
Other Intangible Assets	5,266	5,294	5,473	5,435	5,218	4,809
Long-Term Deferred Tax Assets	785.49	770.02	771.76	769.63	810.23	1,018
Long-Term Deferred Charges	208.76	297.84	328.9	509.29	738.31	13.85
Other Long-Term Assets	1,715	1,827	4,051	3,675	3,290	4,187
Total Assets	52,722	48,860	50,603	57,858	60,477	53,537
Accounts Payable	3,619	4,085	4,704	5,747	5,855	6,572
Accrued Expenses	975.2	1,160	1,049	1,270	1,474	1,157
Short-Term Debt	6,721	6,544	8,975	16,218	23,320	19,596
Current Portion of Long-Term Debt	1,310	1,597	1,533	1,406	1,413	1,767
Current Portion of Leases	-	3.69	3.56	0.36	250.11	860.35
Current Income Taxes Payable	1,101	538.59	234.92	278.55	373.47	651.9
Current Unearned Revenue	309.78	441.46	346.1	432.04	238.75	573.91
Other Current Liabilities	3,677	1,760	1,453	1,677	1,770	1,876
Total Current Liabilities	17,712	16,129	18,299	27,029	34,694	33,055
Long-Term Debt	2,069	2,723	4,642	4,944	3,219	4,891
Long-Term Leases	7.99	7.91	11.47	8.34	19.07	252.27
Long-Term Unearned Revenue	277.65	270.85	238.29	257.04	197.67	178.2
Long-Term Deferred Tax Liabilities	264.59	263.95	181.14	207.61	225.33	227.21
Other Long-Term Liabilities	1,222	1,218	1,205	1,079	921.79	549.16
Total Liabilities	21,553	20,613	24,578	33,526	39,277	39,153
Common Stock	2,249	2,249	2,249	2,250	2,251	2,251
Additional Paid-In Capital	2,658	2,673	2,662	2,657	2,659	2,680
Retained Earnings	21,601	19,311	16,422	14,589	10,932	4,356
Treasury Stock	-254.99	-254.99	-12.34	-37.55	-86.49	-95.28
Comprehensive Income & Other	642.14	588.99	360.41	371.06	305.71	176.28
Total Common Equity	26,895	24,567	21,682	19,829	16,062	9,368
Minority Interest	4,274	3,680	4,343	4,503	5,138	5,016
Shareholders' Equity	31,169	28,247	26,025	24,332	21,200	14,384
Total Liabilities & Equity	52,722	48,860	50,603	57,858	60,477	53,537
Total Debt	10,107	10,874	15,166	22,577	28,221	27,368
Net Cash (Debt)	-1,331	-5,868	-11,883	-9,255	-10,314	-16,853
Net Cash Per Share	-0.60	-2.65	-5.33	-4.14	-4.60	-7.55
Filing Date Shares Outstanding	2,234	2,234	2,249	2,250	2,251	2,251
Total Common Shares Outstanding	2,234	2,234	2,249	2,250	2,251	2,251
Working Capital	-1,687	-4,347	-7,203	-7,578	-11,050	-17,250
Book Value Per Share	12.04	11.00	9.64	8.81	7.14	4.16
Tangible Book Value	21,615	19,260	16,196	14,381	10,844	4,559
Tangible Book Value Per Share	9.68	8.62	7.20	6.39	4.82	2.03
Buildings	-	16,773	15,663	15,527	14,305	14,735
Machinery	-	3,145	3,904	3,616	3,603	3,459
Construction In Progress	-	638.24	1,700	1,680	996.9	1,029

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