SHE:000951 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	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	8,484	12,950	13,855	13,154	7,820
Trading Asset Securities	300.7	-	-	-	80.27
Cash & Short-Term Investments	8,785	12,950	13,855	13,154	7,900
Cash Growth	-32.17%	-6.53%	5.33%	66.51%	176.46%
Accounts Receivable	21,036	13,661	11,936	10,304	16,097
Other Receivables	222.18	213.07	58.77	36.28	454.37
Receivables	21,258	13,874	11,995	10,341	16,551
Inventory	6,204	3,454	4,096	3,591	5,000
Other Current Assets	1,659	232.41	420.31	417.72	340.32
Total Current Assets	37,905	30,511	30,366	27,504	29,791
Property, Plant & Equipment	4,227	4,555	4,703	5,139	4,141
Long-Term Investments	6,749	4,963	516.94	-	-
Other Intangible Assets	787.61	808.21	828.85	850.38	875.55
Long-Term Deferred Tax Assets	511.13	517.08	662.56	705	594.83
Other Long-Term Assets	-	-	5.67	173.42	75.4
Total Assets	50,179	41,355	37,083	34,372	35,478
Accounts Payable	26,876	19,361	16,255	12,735	13,169
Accrued Expenses	2,045	2,006	1,787	1,880	2,133
Short-Term Debt	-	-	-	500.62	600
Current Income Taxes Payable	169.74	122.62	86.58	86.98	60.53
Current Unearned Revenue	864.77	749.22	843.61	1,238	1,473
Other Current Liabilities	2,479	2,281	2,008	2,904	2,656
Total Current Liabilities	32,434	24,520	20,981	19,345	20,093
Long-Term Unearned Revenue	193.9	202.11	206.9	210.05	171.33
Pension & Post-Retirement Benefits	161.21	188.97	166.04	220.31	233.84
Other Long-Term Liabilities	2.44	12.81	5.22	5.24	4.6
Total Liabilities	32,792	24,923	21,359	19,780	20,502
Common Stock	1,175	1,175	1,175	1,175	1,175
Additional Paid-In Capital	4,939	4,933	4,930	4,930	4,930
Retained Earnings	10,116	9,292	8,692	7,708	7,847
Treasury Stock	-75.11	-75.11	-75.11	-75.11	-
Comprehensive Income & Other	8.31	0.01	2.9	2.29	-39.5
Total Common Equity	16,163	15,325	14,725	13,740	13,912
Minority Interest	1,225	1,106	998.91	851.23	1,063
Shareholders' Equity	17,388	16,431	15,724	14,591	14,975
Total Liabilities & Equity	50,179	41,355	37,083	34,372	35,478
Total Debt	-	-	-	500.62	600
Net Cash (Debt)	8,785	12,950	13,855	12,654	7,300
Net Cash Growth	-32.17%	-6.53%	9.50%	73.34%	437.72%
Net Cash Per Share	7.49	11.12	11.80	10.66	6.33
Filing Date Shares Outstanding	1,169	1,169	1,169	1,169	1,175
Total Common Shares Outstanding	1,169	1,169	1,169	1,169	1,175
Working Capital	5,471	5,991	9,385	8,159	9,699
Book Value Per Share	13.83	13.11	12.60	11.75	11.84
Tangible Book Value	15,375	14,517	13,896	12,890	13,036
Tangible Book Value Per Share	13.15	12.42	11.89	11.03	11.10
Buildings	3,116	3,073	3,335	3,233	2,528
Machinery	5,245	5,213	4,653	4,590	3,795
Construction In Progress	390.94	406.41	499.19	714.95	918.45

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