SHE:000999 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	3,380	4,663	5,017	6,771	3,150	3,065
Short-Term Investments	1,978	1,490	-	-	-	-
Trading Asset Securities	4,256	3,404	1,677	1,456	-	1,219
Cash & Short-Term Investments	9,615	9,557	6,694	8,227	3,150	4,284
Cash Growth	-8.89%	42.77%	-18.63%	161.19%	-26.48%	6.45%
Accounts Receivable	10,388	10,868	8,890	7,946	5,644	5,419
Other Receivables	269.16	84.26	48.29	56.56	14.02	79.28
Receivables	10,658	10,952	8,938	8,003	5,658	5,498
Inventory	6,149	6,246	4,933	5,112	2,499	2,369
Other Current Assets	1,033	1,213	1,311	1,180	681.97	527.57
Total Current Assets	27,455	27,968	21,876	22,522	11,988	12,679
Property, Plant & Equipment	11,047	11,192	6,604	6,614	4,816	4,263
Long-Term Investments	2,252	3,138	1,203	643.12	2,913	238.69
Goodwill	7,063	7,063	5,124	5,124	3,995	4,060
Other Intangible Assets	6,004	5,936	3,378	3,457	2,369	2,297
Long-Term Deferred Tax Assets	668.87	776.85	643.3	626.81	324.5	242.1
Long-Term Deferred Charges	2,412	2,368	897.04	788.34	509.29	467.08
Other Long-Term Assets	1,242	364.57	356.6	373.28	207.33	295.37
Total Assets	58,142	58,805	40,082	40,148	27,123	24,542
Accounts Payable	3,380	3,329	3,149	3,097	1,795	1,499
Accrued Expenses	1,361	4,822	4,868	4,569	3,666	3,215
Short-Term Debt	1,705	2,413	855.57	885.65	168.5	90.04
Current Portion of Long-Term Debt	395.45	227.9	81.17	93.42	10.76	-
Current Portion of Leases	-	138.59	78.51	78.6	50.12	45.47
Current Income Taxes Payable	577.05	325.13	374.34	254.47	110.6	168.15
Current Unearned Revenue	1,122	1,783	1,861	1,650	1,012	1,476
Other Current Liabilities	4,976	2,283	2,338	2,318	1,859	1,453
Total Current Liabilities	13,518	15,321	13,605	12,947	8,673	7,947
Long-Term Debt	3,479	3,514	177.94	1,821	50.22	7.97
Long-Term Leases	114.64	129.3	91.95	119.51	105.82	88.71
Long-Term Unearned Revenue	444.71	459.83	449.16	455.5	423.19	395.13
Pension & Post-Retirement Benefits	-	-	-	-	82.89	89.37
Long-Term Deferred Tax Liabilities	790.37	787.31	343.29	340.79	217.75	198.88
Other Long-Term Liabilities	120.52	120.61	157.99	202.88	36.8	40.19
Total Liabilities	18,467	20,333	14,826	15,887	9,589	8,767
Common Stock	1,664	1,664	1,284	988.18	988.35	978.9
Additional Paid-In Capital	1,407	1,406	1,863	1,878	1,797	1,644
Retained Earnings	20,120	19,044	16,763	16,162	14,297	12,690
Treasury Stock	-	-	-70.74	-131.98	-143.57	-
Comprehensive Income & Other	54.64	57.19	63.17	71.26	70.59	0.22
Total Common Equity	23,246	22,172	19,903	18,967	17,010	15,313
Minority Interest	16,430	16,300	5,353	5,295	523.78	461.28
Shareholders' Equity	39,676	38,472	25,256	24,262	17,533	15,774
Total Liabilities & Equity	58,142	58,805	40,082	40,148	27,123	24,542
Total Debt	5,694	6,423	1,285	2,998	385.42	232.18
Net Cash (Debt)	3,920	3,134	5,409	5,229	2,764	4,052
Net Cash Growth	-33.47%	-42.05%	3.45%	89.15%	-31.78%	1.31%
Net Cash Per Share	2.36	1.89	3.24	3.14	1.66	2.45
Filing Date Shares Outstanding	1,664	1,664	1,670	1,670	1,670	1,654
Total Common Shares Outstanding	1,664	1,664	1,670	1,670	1,670	1,654
Working Capital	13,937	12,646	8,270	9,575	3,316	4,732
Book Value Per Share	13.97	13.32	11.92	11.36	10.18	9.26
Tangible Book Value	10,179	9,173	11,401	10,387	10,645	8,956
Tangible Book Value Per Share	6.12	5.51	6.83	6.22	6.37	5.41
Buildings	-	8,502	5,492	5,122	3,459	3,419
Machinery	-	6,607	4,913	4,544	3,621	3,361
Construction In Progress	-	729.28	306.72	537.8	946.09	407.7

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