SHE:000951 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	7,822	8,484	12,950	13,855	13,154	7,820
Trading Asset Securities	905.21	300.7	-	-	-	80.27
Cash & Short-Term Investments	8,727	8,785	12,950	13,855	13,154	7,900
Cash Growth	-8.35%	-32.17%	-6.53%	5.33%	66.51%	176.46%
Accounts Receivable	26,085	21,036	13,661	11,936	10,304	16,097
Other Receivables	130.42	222.18	213.07	58.77	36.28	454.37
Receivables	26,216	21,258	13,874	11,995	10,341	16,551
Inventory	7,493	6,204	3,454	4,096	3,591	5,000
Other Current Assets	1,489	1,659	232.41	420.31	417.72	340.32
Total Current Assets	43,925	37,905	30,511	30,366	27,504	29,791
Property, Plant & Equipment	4,187	4,227	4,555	4,703	5,139	4,141
Long-Term Investments	6,787	6,749	4,963	516.94	-	-
Other Intangible Assets	782.47	787.61	808.21	828.85	850.38	875.55
Long-Term Deferred Tax Assets	508.42	511.13	517.08	662.56	705	594.83
Other Long-Term Assets	-	-	-	5.67	173.42	75.4
Total Assets	56,190	50,179	41,355	37,083	34,372	35,478
Accounts Payable	32,190	26,876	19,361	16,255	12,735	13,169
Accrued Expenses	193.68	2,045	2,006	1,787	1,880	2,133
Short-Term Debt	-	-	-	-	500.62	600
Current Income Taxes Payable	331.92	169.74	122.62	86.58	86.98	60.53
Current Unearned Revenue	799.86	864.77	749.22	843.61	1,238	1,473
Other Current Liabilities	4,187	2,479	2,281	2,008	2,904	2,656
Total Current Liabilities	37,702	32,434	24,520	20,981	19,345	20,093
Long-Term Unearned Revenue	191.94	193.9	202.11	206.9	210.05	171.33
Pension & Post-Retirement Benefits	161.21	161.21	188.97	166.04	220.31	233.84
Other Long-Term Liabilities	3.67	2.44	12.81	5.22	5.24	4.6
Total Liabilities	38,059	32,792	24,923	21,359	19,780	20,502
Common Stock	1,175	1,175	1,175	1,175	1,175	1,175
Additional Paid-In Capital	4,940	4,939	4,933	4,930	4,930	4,930
Retained Earnings	10,571	10,116	9,292	8,692	7,708	7,847
Treasury Stock	-75.11	-75.11	-75.11	-75.11	-75.11	-
Comprehensive Income & Other	17.84	8.31	0.01	2.9	2.29	-39.5
Total Common Equity	16,628	16,163	15,325	14,725	13,740	13,912
Minority Interest	1,503	1,225	1,106	998.91	851.23	1,063
Shareholders' Equity	18,131	17,388	16,431	15,724	14,591	14,975
Total Liabilities & Equity	56,190	50,179	41,355	37,083	34,372	35,478
Total Debt	-	-	-	-	500.62	600
Net Cash (Debt)	8,727	8,785	12,950	13,855	12,654	7,300
Net Cash Growth	-8.35%	-32.17%	-6.53%	9.50%	73.34%	437.72%
Net Cash Per Share	7.48	7.49	11.12	11.80	10.66	6.33
Filing Date Shares Outstanding	1,169	1,169	1,169	1,169	1,169	1,175
Total Common Shares Outstanding	1,169	1,169	1,169	1,169	1,169	1,175
Working Capital	6,223	5,471	5,991	9,385	8,159	9,699
Book Value Per Share	14.22	13.83	13.11	12.60	11.75	11.84
Tangible Book Value	15,846	15,375	14,517	13,896	12,890	13,036
Tangible Book Value Per Share	13.55	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.