SHE:000975 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	7,243	5,426	2,870	3,031	1,874	1,456
Trading Asset Securities	-	-	1,257	1,051	2,000	2,074
Cash & Short-Term Investments	7,243	5,426	4,127	4,082	3,874	3,530
Cash Growth	57.78%	31.48%	1.10%	5.36%	9.77%	74.92%
Accounts Receivable	44.33	5.57	21.11	42.04	39.81	39.98
Other Receivables	767.74	448.42	85.75	56.17	62.24	47.64
Receivables	812.07	454	106.86	98.21	102.05	87.62
Inventory	1,073	1,217	1,240	1,485	1,359	1,028
Prepaid Expenses	-	1	7.91	-	-	-
Other Current Assets	208.42	86.01	41.89	342.69	347.44	191.93
Total Current Assets	9,336	7,185	5,524	6,008	5,683	4,838
Property, Plant & Equipment	4,869	4,337	3,470	3,151	3,189	3,270
Long-Term Investments	20.82	20.82	20.82	20.82	14.3	44.3
Goodwill	452.37	452.37	452.37	452.37	452.37	452.37
Other Intangible Assets	8,552	8,292	8,437	6,447	6,572	7,112
Long-Term Deferred Tax Assets	246.72	232.06	209.15	170	135.35	98.31
Long-Term Deferred Charges	24.11	25.16	24.53	24.23	26.66	29.67
Other Long-Term Assets	93.05	80.92	51.32	26.31	91.55	88.55
Total Assets	23,594	20,625	18,189	16,299	16,164	15,933
Accounts Payable	1,850	965.01	603.93	1,517	1,530	1,881
Accrued Expenses	41.92	174.38	162.74	98.24	103.31	94.44
Short-Term Debt	20.34	5	0.39	210.19	839.66	682.03
Current Portion of Long-Term Debt	210.56	148	208	30	-	-
Current Portion of Leases	-	13.42	20.2	9.17	4.07	7.17
Current Income Taxes Payable	666.2	245	223.13	114.1	112.72	138.69
Current Unearned Revenue	103.02	65.68	3.39	19.97	20.96	16.16
Other Current Liabilities	313.24	613.33	632.08	407.38	364.64	268.76
Total Current Liabilities	3,205	2,230	1,854	2,406	2,975	3,089
Long-Term Debt	1,500	1,188	1,006	64.08	109.14	-
Long-Term Leases	11.99	13.6	11.64	24.05	10.14	10.35
Long-Term Unearned Revenue	0.27	0.27	0.31	0.34	0.38	0.41
Long-Term Deferred Tax Liabilities	131.91	140.25	193.01	224.03	249.02	302.47
Other Long-Term Liabilities	493.5	273.69	312.07	211.38	140.68	192.78
Total Liabilities	5,343	3,846	3,377	2,930	3,484	3,595
Common Stock	2,777	2,777	2,777	2,777	2,777	2,777
Additional Paid-In Capital	4,431	4,431	4,431	4,431	4,431	4,431
Retained Earnings	9,087	7,693	5,735	4,339	3,692	3,262
Treasury Stock	-79.2	-34.1	-	-	-	-
Comprehensive Income & Other	23.26	51.39	38.48	13.79	12.26	-3.81
Total Common Equity	16,239	14,918	12,981	11,561	10,913	10,466
Minority Interest	2,013	1,862	1,831	1,808	1,767	1,872
Shareholders' Equity	18,252	16,780	14,812	13,369	12,679	12,339
Total Liabilities & Equity	23,594	20,625	18,189	16,299	16,164	15,933
Total Debt	1,742	1,368	1,247	337.48	963.01	699.55
Net Cash (Debt)	5,501	4,058	2,880	3,745	2,911	2,830
Net Cash Growth	53.38%	40.89%	-23.08%	28.62%	2.87%	76.47%
Net Cash Per Share	1.98	1.46	1.04	1.35	1.05	1.02
Filing Date Shares Outstanding	2,775	2,775	2,777	2,777	2,777	2,777
Total Common Shares Outstanding	2,775	2,775	2,777	2,777	2,777	2,777
Working Capital	6,131	4,955	3,670	3,601	2,708	1,749
Book Value Per Share	5.85	5.38	4.67	4.16	3.93	3.77
Tangible Book Value	7,234	6,173	4,092	4,661	3,888	2,902
Tangible Book Value Per Share	2.61	2.22	1.47	1.68	1.40	1.05
Buildings	-	2,339	2,284	2,116	2,074	2,058
Machinery	-	1,987	1,929	1,874	1,803	1,641
Construction In Progress	-	1,020	257.82	388.17	247.34	424.66

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