SHE:000948 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	1,048	2,176	2,914	2,588	2,487	2,013
Trading Asset Securities	100	-	-	-	-	-
Cash & Short-Term Investments	1,148	2,176	2,914	2,588	2,487	2,013
Cash Growth	1.40%	-25.32%	12.61%	4.06%	23.57%	21.19%
Accounts Receivable	2,273	2,261	2,359	2,400	2,072	1,225
Other Receivables	166.6	179.53	207.94	114.49	74.99	72.93
Receivables	2,439	2,440	2,567	2,514	2,147	1,298
Inventory	3,221	2,673	3,534	3,491	3,979	2,438
Prepaid Expenses	-	-	0.31	0.23	2.13	0.62
Other Current Assets	512.63	366.92	251.64	328.59	305.51	586.25
Total Current Assets	7,321	7,657	9,267	8,922	8,921	6,336
Property, Plant & Equipment	212.52	213.79	228.16	220.48	228.61	234.69
Long-Term Investments	358.89	359.81	308.5	317.11	287.26	307.44
Goodwill	8.32	8.32	8.32	8.32	8.32	8.32
Other Intangible Assets	147.04	152.35	195.97	235.39	283.27	204.46
Long-Term Deferred Tax Assets	93.69	92.32	53.06	57.53	50.42	31.6
Long-Term Deferred Charges	34.42	44.53	31.85	29.44	23.98	20.44
Other Long-Term Assets	69.6	70.76	67.46	69.46	77.01	80.31
Total Assets	8,246	8,599	10,160	9,859	9,880	7,223
Accounts Payable	2,461	3,137	3,658	3,275	3,275	2,391
Accrued Expenses	72.85	188.82	175.39	158.81	148.91	122.58
Short-Term Debt	770.26	780.88	573.69	197.29	467.7	650.45
Current Portion of Long-Term Debt	117.57	107.74	546.63	172.09	125.2	0.29
Current Portion of Leases	-	-	2.22	2.02	3.2	2.44
Current Income Taxes Payable	68.17	127.01	13.26	16.68	9.95	8.54
Current Unearned Revenue	911.09	984.24	1,943	2,369	2,577	1,346
Other Current Liabilities	118.75	139.1	198.84	169.68	166.93	130.42
Total Current Liabilities	4,520	5,465	7,111	6,360	6,774	4,652
Long-Term Debt	978.08	307.02	225	806.99	572.75	100.12
Long-Term Leases	3.12	0.1	1.1	3.08	7.19	9.68
Long-Term Unearned Revenue	15.54	15.65	17.97	20.7	22.9	25.68
Long-Term Deferred Tax Liabilities	13.35	13.38	11.48	9.41	14.12	2.95
Other Long-Term Liabilities	1.6	58.68	23.08	2.36	4	5.11
Total Liabilities	5,531	5,860	7,390	7,203	7,394	4,795
Common Stock	389.89	389.89	393.74	394.36	394.36	381.17
Additional Paid-In Capital	1,351	1,351	1,377	1,380	1,350	1,330
Retained Earnings	967.08	990.9	988.52	920.09	784.01	666.66
Treasury Stock	-	-	-58.36	-101.87	-101.87	-
Comprehensive Income & Other	1.25	1.25	1.47	1.71	1.87	1.76
Total Common Equity	2,709	2,733	2,702	2,594	2,428	2,379
Minority Interest	5.08	5.86	67.99	62.43	56.9	48.57
Shareholders' Equity	2,714	2,739	2,770	2,656	2,485	2,428
Total Liabilities & Equity	8,246	8,599	10,160	9,859	9,880	7,223
Total Debt	1,869	1,196	1,349	1,181	1,176	762.97
Net Cash (Debt)	-720.64	980.67	1,566	1,406	1,311	1,250
Net Cash Growth	-	-37.36%	11.32%	7.28%	4.90%	-8.33%
Net Cash Per Share	-1.84	2.50	3.97	3.57	3.33	3.28
Filing Date Shares Outstanding	389.88	387.78	393.74	394.36	394.36	381.17
Total Common Shares Outstanding	389.88	387.78	393.74	394.36	394.36	381.17
Working Capital	2,801	2,192	2,155	2,561	2,147	1,684
Book Value Per Share	6.95	7.05	6.86	6.58	6.16	6.24
Tangible Book Value	2,554	2,572	2,498	2,350	2,137	2,166
Tangible Book Value Per Share	6.55	6.63	6.34	5.96	5.42	5.68
Buildings	-	-	271.51	276.94	271.2	267.94
Machinery	-	-	181.68	156.99	152.82	156.96

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