SHE:000998 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	2,220	2,918	2,761	3,924	3,230	1,876
Trading Asset Securities	608.53	604.44	367.27	512.9	378.29	970.1
Cash & Short-Term Investments	2,828	3,523	3,128	4,437	3,609	2,846
Cash Growth	9.75%	12.61%	-29.50%	22.95%	26.79%	29.46%
Accounts Receivable	2,370	2,404	1,828	2,042	1,719	570.97
Other Receivables	307.03	401.77	213.72	200.79	409.09	412.14
Receivables	2,677	2,806	2,042	2,243	2,128	983.11
Inventory	4,322	4,311	3,873	4,555	3,135	1,881
Prepaid Expenses	-	47.72	44.46	103.29	59.16	0.78
Other Current Assets	793.61	512.09	828.37	669.43	373.83	163.07
Total Current Assets	10,621	11,199	9,917	12,008	9,305	5,874
Property, Plant & Equipment	4,080	4,035	4,107	4,171	2,913	1,826
Long-Term Investments	970.84	962.89	1,107	1,527	1,562	2,777
Goodwill	4,362	4,268	3,963	4,552	4,153	1,623
Other Intangible Assets	4,180	4,130	3,881	4,629	4,318	1,307
Long-Term Accounts Receivable	62.53	64.07	11.57	2.22	2.86	-
Long-Term Deferred Tax Assets	304.92	244.48	381.36	234	177.46	0.16
Long-Term Deferred Charges	492.45	454.29	420.88	519.17	601.27	533.35
Other Long-Term Assets	99.6	102.95	144.67	106.02	79.46	63.8
Total Assets	25,173	25,461	23,933	27,748	23,112	14,004
Accounts Payable	979.62	1,667	1,418	1,477	1,437	491.37
Accrued Expenses	268.99	744.64	607.11	607.38	608.52	239.36
Short-Term Debt	4,106	3,443	4,841	6,399	5,327	2,483
Current Portion of Long-Term Debt	2,073	2,138	1,446	632.36	1,170	1,884
Current Portion of Leases	-	37.06	43.3	50.07	25.04	5.41
Current Income Taxes Payable	22.38	15.57	17.13	19.95	42.55	9.62
Current Unearned Revenue	1,221	1,258	1,315	1,973	1,835	1,105
Other Current Liabilities	1,153	984.34	1,058	1,517	736.24	302.79
Total Current Liabilities	9,823	10,287	10,746	12,676	11,182	6,521
Long-Term Debt	4,125	4,217	4,409	4,098	640.22	938.65
Long-Term Leases	100.56	101.9	128.43	155.12	90.8	31.12
Long-Term Unearned Revenue	459.45	460.37	539.1	515.96	397.98	237.94
Long-Term Deferred Tax Liabilities	68.25	75.65	81.85	172.18	188.98	-
Other Long-Term Liabilities	9.05	8.03	6.55	2.31	10.81	10.01
Total Liabilities	14,585	15,150	15,911	17,619	12,511	7,739
Common Stock	1,469	1,469	1,317	1,317	1,317	1,317
Additional Paid-In Capital	4,285	4,298	2,963	3,024	4,021	3,245
Retained Earnings	1,911	2,042	1,934	1,886	1,686	2,503
Treasury Stock	-	-	-	-	-	-300.09
Comprehensive Income & Other	-890.67	-1,138	-1,444	-621.75	-900.55	-1,259
Total Common Equity	6,775	6,672	4,771	5,606	6,124	5,506
Minority Interest	3,813	3,639	3,251	4,523	4,477	758.71
Shareholders' Equity	10,588	10,311	8,021	10,129	10,601	6,265
Total Liabilities & Equity	25,173	25,461	23,933	27,748	23,112	14,004
Total Debt	10,404	9,937	10,868	11,334	7,254	5,342
Net Cash (Debt)	-7,575	-6,414	-7,740	-6,897	-3,645	-2,496
Net Cash Per Share	-5.33	-4.64	-6.12	-5.17	-2.80	-2.00
Filing Date Shares Outstanding	1,469	1,469	1,317	1,317	1,317	1,294
Total Common Shares Outstanding	1,469	1,469	1,317	1,317	1,317	1,294
Working Capital	797.17	912.16	-829.4	-667.67	-1,878	-646.82
Book Value Per Share	4.61	4.54	3.62	4.26	4.65	4.26
Tangible Book Value	-1,767	-1,726	-3,073	-3,575	-2,347	2,576
Tangible Book Value Per Share	-1.20	-1.17	-2.33	-2.71	-1.78	1.99
Buildings	-	3,187	2,934	2,429	2,135	1,497
Machinery	-	2,298	2,120	1,739	1,307	802.25
Construction In Progress	-	98.04	267.76	1,035	373.37	260.44

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