SHE:000970 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	1,700	1,742	2,459	2,339	2,106	1,460
Trading Asset Securities	133.63	191.65	50.36	36.32	27.53	44.3
Cash & Short-Term Investments	1,833	1,934	2,510	2,375	2,133	1,504
Cash Growth	-21.26%	-22.94%	5.67%	11.33%	41.86%	-13.40%
Accounts Receivable	2,030	2,227	2,200	2,529	3,261	2,447
Other Receivables	39.53	52.54	48.86	33.09	39.54	31.3
Receivables	2,069	2,280	2,249	2,562	3,301	2,479
Inventory	3,087	3,145	2,664	3,269	3,514	2,982
Other Current Assets	197.59	140.92	150.37	191.74	183.97	155.29
Total Current Assets	7,187	7,500	7,572	8,398	9,132	7,120
Property, Plant & Equipment	1,878	1,916	1,953	1,972	1,759	1,464
Long-Term Investments	447.24	453.73	453.46	458.21	394	334.92
Goodwill	25.49	25.49	25.49	25.49	26.62	26.62
Other Intangible Assets	112.11	113.13	117.22	121.76	122.27	141.43
Long-Term Accounts Receivable	1.14	1.2	2.01	-	-	-
Long-Term Deferred Tax Assets	136.73	141.64	110.51	59.68	43.87	18.75
Long-Term Deferred Charges	47.52	50.87	63.96	69.8	68.21	63.37
Other Long-Term Assets	39.29	35.21	59.1	113.59	167.63	97.8
Total Assets	9,874	10,237	10,357	11,218	11,713	9,266
Accounts Payable	1,023	1,330	1,179	1,236	1,456	1,900
Accrued Expenses	143.19	158.01	203.81	205.23	243.72	135.94
Short-Term Debt	100.45	145.56	160.59	680.3	1,674	886.95
Current Portion of Long-Term Debt	52.78	97.52	536.64	183.31	44.97	11.34
Current Portion of Leases	-	4.46	3.51	8.17	6.31	6.58
Current Income Taxes Payable	25.79	22.01	22.07	19.29	82.52	76.03
Current Unearned Revenue	124.65	146.11	187.36	76.13	94.65	55.99
Other Current Liabilities	227	226.27	187.95	145.09	30.9	19.74
Total Current Liabilities	1,697	2,129	2,481	2,553	3,633	3,093
Long-Term Debt	624	572.98	145.99	734.06	387.98	162.52
Long-Term Leases	19.54	20.31	20.35	32.47	19.49	24.93
Long-Term Unearned Revenue	58.53	61.51	69.4	78.08	44.03	53.56
Long-Term Deferred Tax Liabilities	-	-	-	9.72	9.68	4.55
Total Liabilities	2,399	2,784	2,716	3,408	4,094	3,338
Common Stock	1,216	1,216	1,216	1,216	1,216	1,065
Additional Paid-In Capital	977.85	977.85	977.14	977.12	982.32	431.91
Retained Earnings	4,399	4,383	4,316	4,372	4,231	3,483
Treasury Stock	-107.96	-107.96	-107.96	-	-	-
Comprehensive Income & Other	49.89	48.57	38.49	24.83	7.49	5.21
Total Common Equity	6,535	6,517	6,439	6,590	6,437	4,986
Minority Interest	940.11	935.04	1,201	1,221	1,182	942.13
Shareholders' Equity	7,475	7,452	7,640	7,811	7,619	5,928
Total Liabilities & Equity	9,874	10,237	10,357	11,218	11,713	9,266
Total Debt	796.77	840.83	867.09	1,638	2,133	1,092
Net Cash (Debt)	1,037	1,093	1,642	736.69	0.52	411.53
Net Cash Growth	-25.67%	-33.46%	122.95%	141304.14%	-99.87%	-69.79%
Net Cash Per Share	0.86	0.91	1.35	0.61	0.00	0.39
Filing Date Shares Outstanding	1,204	1,204	1,204	1,216	1,216	1,065
Total Common Shares Outstanding	1,204	1,204	1,204	1,216	1,216	1,065
Working Capital	5,490	5,370	5,091	5,845	5,499	4,027
Book Value Per Share	5.43	5.41	5.35	5.42	5.29	4.68
Tangible Book Value	6,397	6,379	6,297	6,442	6,288	4,818
Tangible Book Value Per Share	5.32	5.30	5.23	5.30	5.17	4.52
Buildings	-	1,319	1,299	1,274	1,044	775.29
Machinery	-	2,123	2,094	1,891	1,800	1,649
Construction In Progress	-	87.13	53.75	168.14	285.32	293.11

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