SHE:000950 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	Dec '21 Dec 31, 2021
Cash & Equivalents	4,892	6,684	9,392	9,149	7,422	5,665
Trading Asset Securities	-	-	-	-	6.9	12.4
Cash & Short-Term Investments	4,892	6,684	9,392	9,149	7,429	5,677
Cash Growth	-29.85%	-28.83%	2.65%	23.15%	30.86%	20.98%
Accounts Receivable	40,081	37,111	34,423	33,719	29,620	26,988
Other Receivables	2,351	1,651	1,893	1,443	1,389	1,243
Receivables	42,432	38,762	36,316	35,162	31,009	28,231
Inventory	9,908	10,041	9,977	8,603	7,863	6,051
Prepaid Expenses	-	-	-	-	19.44	-
Other Current Assets	2,084	1,465	1,735	1,621	2,388	1,379
Total Current Assets	59,317	56,952	57,420	54,534	48,708	41,338
Property, Plant & Equipment	2,664	2,629	2,624	2,626	2,650	2,557
Long-Term Investments	3,447	3,338	3,268	3,091	3,032	2,958
Goodwill	1,431	1,431	1,461	1,501	1,509	1,461
Other Intangible Assets	310.62	317.63	311.73	320.01	263.57	262.32
Long-Term Accounts Receivable	-	38.17	85.28	49.49	1.41	2.78
Long-Term Deferred Tax Assets	692.96	672.82	438.89	328.69	225.67	255
Long-Term Deferred Charges	177.32	179.62	178.7	173.63	123.41	105.23
Other Long-Term Assets	754.52	681.11	770.04	798.8	679.13	761.64
Total Assets	68,795	66,239	66,630	63,481	57,192	49,700
Accounts Payable	20,121	20,222	18,165	17,437	13,761	12,126
Accrued Expenses	203.98	792.04	678.31	583.19	523.3	492
Short-Term Debt	21,053	20,266	16,243	16,763	17,079	13,806
Current Portion of Long-Term Debt	1,882	605.15	2,364	1,540	3,799	430.56
Current Portion of Leases	-	110.3	166.37	170.72	154.9	156.81
Current Income Taxes Payable	280.79	200.93	111.48	139.08	126.97	155.39
Current Unearned Revenue	1,153	764.67	528.08	447.73	716.16	215.53
Other Current Liabilities	4,907	3,780	5,807	5,780	4,515	4,342
Total Current Liabilities	49,601	46,741	44,064	42,860	40,674	31,724
Long-Term Debt	1,913	2,426	5,370	4,439	3,123	5,434
Long-Term Leases	303.63	284.56	259.06	266.34	228.74	226.31
Long-Term Unearned Revenue	62.95	64.49	63.62	68.02	73.08	76.25
Pension & Post-Retirement Benefits	-	50.64	54.45	53.26	55.38	57.53
Long-Term Deferred Tax Liabilities	24.08	20.98	68.54	54.83	47.14	57.64
Other Long-Term Liabilities	143.34	97.18	287.01	274.16	280.13	357.31
Total Liabilities	52,049	49,685	50,167	48,016	44,481	37,934
Common Stock	1,728	1,728	1,728	1,728	1,743	1,743
Additional Paid-In Capital	2,492	2,492	2,481	2,494	2,436	2,437
Retained Earnings	7,679	7,508	7,225	7,081	6,560	5,720
Treasury Stock	-81.15	-81.15	-	-	-41.9	-41.9
Comprehensive Income & Other	-110.18	-110.18	-107.62	-86.79	-45.76	-36.92
Total Common Equity	11,707	11,536	11,327	11,216	10,652	9,821
Minority Interest	5,040	5,018	5,136	4,250	2,059	1,946
Shareholders' Equity	16,747	16,554	16,463	15,465	12,710	11,767
Total Liabilities & Equity	68,795	66,239	66,630	63,481	57,192	49,700
Total Debt	25,152	23,693	24,403	23,179	24,384	20,054
Net Cash (Debt)	-20,259	-17,009	-15,012	-14,030	-16,955	-14,377
Net Cash Per Share	-11.66	-9.68	-8.49	-8.09	-9.79	-8.29
Filing Date Shares Outstanding	1,728	1,713	1,728	1,728	1,743	1,692
Total Common Shares Outstanding	1,728	1,713	1,728	1,728	1,743	1,692
Working Capital	9,716	10,211	13,356	11,674	8,034	9,613
Book Value Per Share	6.77	6.74	6.55	6.49	6.11	5.81
Tangible Book Value	9,965	9,787	9,554	9,394	8,879	8,098
Tangible Book Value Per Share	5.77	5.71	5.53	5.44	5.09	4.79
Buildings	-	2,210	2,201	2,212	2,106	1,773
Machinery	-	1,330	1,236	1,128	956.1	736.98
Construction In Progress	-	198.07	67.63	1.76	169.58	474.58

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