SHE:000967 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	5,514	6,716	5,118	4,411	4,728	4,583
Trading Asset Securities	1,321	1,520	-	-	-	-
Cash & Short-Term Investments	6,835	8,236	5,118	4,411	4,728	4,583
Cash Growth	34.20%	60.92%	16.02%	-6.70%	3.16%	-24.02%
Accounts Receivable	6,483	7,320	7,006	6,646	6,324	6,178
Other Receivables	649.83	924.87	160.27	316.66	385.62	509.16
Receivables	7,133	8,245	7,166	6,963	6,710	6,687
Inventory	1,249	1,081	1,041	971.23	881.04	1,124
Other Current Assets	1,928	636.72	714.02	664.12	689.81	621.31
Total Current Assets	17,145	18,199	14,040	13,010	13,009	13,016
Property, Plant & Equipment	7,190	5,053	2,737	2,651	2,341	2,008
Long-Term Investments	765.78	739.48	683.57	696.98	692.18	619.28
Goodwill	5,285	5,288	5,316	5,645	5,740	5,976
Other Intangible Assets	4,306	4,314	5,660	5,984	6,048	5,351
Long-Term Accounts Receivable	-	1,420	410.26	537.41	650.97	854.98
Long-Term Deferred Tax Assets	128.9	123.61	127.98	116.45	114.58	109.57
Long-Term Deferred Charges	23.38	74.69	91.11	94.8	129.11	49.35
Other Long-Term Assets	3,476	223.97	570.81	311.64	546.63	379.65
Total Assets	38,319	35,435	29,636	29,048	29,271	28,363
Accounts Payable	6,054	5,613	5,655	5,213	5,287	5,429
Accrued Expenses	394.19	615.65	720.21	582.23	484.32	595.9
Short-Term Debt	341.24	1,215	196.54	149.6	506.89	488.5
Current Portion of Long-Term Debt	2,973	562.43	193.72	387.31	555.75	373.3
Current Portion of Leases	-	472.61	8.31	8.61	4.67	5.31
Current Income Taxes Payable	199.26	123.85	81.41	27.9	36.44	64.52
Current Unearned Revenue	480.73	397.24	239.86	306.78	274.29	210.43
Other Current Liabilities	710.65	2,136	696.97	738.12	626.33	486.97
Total Current Liabilities	11,153	11,136	7,792	7,413	7,776	7,654
Long-Term Debt	5,863	4,967	3,402	3,263	3,234	2,956
Long-Term Leases	3,373	1,616	7.83	16.17	23.26	18.52
Long-Term Unearned Revenue	92.28	102.18	394.4	123.49	120.89	101.64
Long-Term Deferred Tax Liabilities	28.44	29.12	45.41	47.22	54.21	32.56
Other Long-Term Liabilities	33.31	22.52	22.65	286.77	325.64	315.87
Total Liabilities	20,543	17,873	11,664	11,150	11,534	11,078
Common Stock	3,167	3,167	3,167	3,180	3,180	3,176
Additional Paid-In Capital	9,544	9,544	9,557	9,661	9,663	9,773
Retained Earnings	4,712	4,497	4,546	4,428	4,278	4,172
Treasury Stock	-204.41	-204.41	-	-94.13	-94.13	-455.3
Comprehensive Income & Other	173.53	177.03	249.17	262.28	262.29	262.65
Total Common Equity	17,391	17,180	17,519	17,438	17,289	16,928
Minority Interest	384.8	381.75	452.52	460.54	448.81	357.22
Shareholders' Equity	17,776	17,562	17,972	17,898	17,737	17,285
Total Liabilities & Equity	38,319	35,435	29,636	29,048	29,271	28,363
Total Debt	12,550	8,833	3,808	3,825	4,325	3,841
Net Cash (Debt)	-5,715	-596.87	1,310	586.55	403.64	741.9
Net Cash Growth	-	-	123.27%	45.31%	-45.59%	-66.37%
Net Cash Per Share	-1.76	-0.18	0.41	0.19	0.13	0.24
Filing Date Shares Outstanding	3,137	3,167	3,167	3,133	3,133	3,120
Total Common Shares Outstanding	3,137	3,167	3,167	3,133	3,133	3,120
Working Capital	5,992	7,062	6,248	5,596	5,233	5,362
Book Value Per Share	5.54	5.42	5.53	5.57	5.52	5.42
Tangible Book Value	7,801	7,579	6,543	5,808	5,501	5,601
Tangible Book Value Per Share	2.49	2.39	2.07	1.85	1.76	1.79
Buildings	-	1,946	1,605	1,602	1,549	1,234
Machinery	-	2,129	1,878	1,710	1,442	1,027
Construction In Progress	-	348.38	460.66	288.06	41.07	224.07

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