SHE:000987 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	16,507	18,689	18,397	16,606	17,232
Short-Term Investments	-	3.28	1.93	4	223.21
Trading Asset Securities	45,958	56,548	45,023	43,324	39,326
Accounts Receivable	670.34	51.56	20.71	97.33	113
Other Receivables	788.09	24,662	28,243	26,528	21,534
Property, Plant & Equipment	37,872	35,366	13,375	1,366	234.91
Other Intangible Assets	81.01	61.59	68.32	223.5	49.87
Investments in Debt & Equity Securities	42,463	10,066	10,655	11,699	11,447
Other Current Assets	36,621	9,105	5,715	3,087	3,667
Long-Term Deferred Tax Assets	838.86	732.36	638.15	617.54	555.99
Other Long-Term Assets	31,384	62,827	63,825	68,743	57,832
Total Assets	213,198	219,812	187,170	173,295	153,331
Accounts Payable	2,541	9,456	1,865	1,326	714.94
Accrued Expenses	832.06	592.23	685.28	755.83	666.11
Short-Term Debt	8,171	14,987	15,940	19,420	20,984
Current Portion of Long-Term Debt	-	39,290	35,121	39,200	23,193
Current Portion of Leases	-	547.94	1,239	379.52	1,085
Other Current Liabilities	61,168	12,392	7,929	8,647	6,775
Long-Term Debt	86,405	90,614	77,177	57,592	57,200
Long-Term Leases	41.96	1,406	95.11	205.81	288.79
Long-Term Unearned Revenue	5.85	15.48	14.6	10.38	13.02
Long-Term Deferred Tax Liabilities	264.5	178.66	330.19	390.35	230.35
Other Long-Term Liabilities	3,780	845.57	1,094	1,368	1,962
Total Liabilities	163,209	173,903	145,624	134,150	117,812
Common Stock	5,017	5,017	5,017	5,017	3,716
Additional Paid-In Capital	-	12,228	12,228	12,229	13,527
Retained Earnings	15,006	12,811	11,370	9,819	8,049
Comprehensive Income & Other	13,307	1,215	14.31	-65.19	-145.78
Total Common Equity	33,230	31,170	28,629	27,000	25,147
Minority Interest	16,759	14,738	12,917	12,145	10,372
Shareholders' Equity	49,989	45,909	41,546	39,145	35,519
Total Liabilities & Equity	213,198	219,812	187,170	173,295	153,331
Total Debt	94,618	146,845	129,573	116,797	102,752
Net Cash (Debt)	-32,153	-71,605	-66,150	-56,863	-45,970
Net Cash Per Share	-6.39	-14.30	-13.19	-11.33	-9.16
Filing Date Shares Outstanding	5,048	4,999	5,017	5,017	5,017
Total Common Shares Outstanding	5,048	4,999	5,017	5,017	5,017
Working Capital	27,832	29,895	31,668	16,024	25,078
Book Value Per Share	6.58	6.00	5.71	5.38	5.01
Tangible Book Value	33,149	31,109	28,561	26,777	25,097
Tangible Book Value Per Share	6.57	5.98	5.69	5.34	5.00

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