SHE:001213 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	2,101	1,598	4,770	5,554	5,197	5,202
Short-Term Investments	-	966.78	-	-	-	-
Cash & Short-Term Investments	2,101	2,564	4,770	5,554	5,197	5,202
Cash Growth	-58.58%	-46.25%	-14.11%	6.88%	-0.11%	50.42%
Accounts Receivable	2,833	3,664	3,285	2,476	2,518	2,180
Other Receivables	628.9	350.95	334.96	279.31	273.47	222.62
Receivables	3,462	4,015	3,620	2,756	2,791	2,403
Inventory	53.22	54.77	45.59	48.07	48.9	44.07
Other Current Assets	1,605	486.53	507.04	519.71	496.89	363.51
Total Current Assets	7,221	7,121	8,943	8,877	8,534	8,012
Property, Plant & Equipment	11,702	11,797	11,048	10,788	10,729	10,422
Long-Term Investments	195.2	192.48	187.52	209.77	182.02	182.56
Other Intangible Assets	2,011	1,940	327.36	320.93	312.71	306.31
Long-Term Deferred Tax Assets	108.18	110.74	78.23	111.71	130.18	45.08
Long-Term Deferred Charges	49.73	54.75	70.32	82.34	67.58	12.8
Other Long-Term Assets	5.19	155.87	13.85	11.91	31.29	546.96
Total Assets	21,292	21,372	20,668	20,403	19,987	19,528
Accounts Payable	951.37	1,166	925.16	1,010	883.86	901.2
Accrued Expenses	88.29	133.14	105.53	145.76	130.88	112.67
Current Portion of Leases	278.34	260.22	291.47	128.42	111.85	89.07
Current Income Taxes Payable	45.11	11.52	1.4	1.23	-	18.86
Current Unearned Revenue	101.3	80.63	68.24	62.52	57.5	62.36
Other Current Liabilities	160.98	161.43	133.8	123.39	125.2	62.29
Total Current Liabilities	1,625	1,813	1,526	1,471	1,309	1,246
Long-Term Leases	297.1	324.44	50.65	169.68	250.9	279.79
Pension & Post-Retirement Benefits	3.36	3.38	3.62	3.78	4.15	-
Long-Term Deferred Tax Liabilities	104.23	108.72	47.34	73.2	89.57	2.75
Other Long-Term Liabilities	5.42	5.42	5.42	5.42	5.42	15.11
Total Liabilities	2,035	2,255	1,633	1,723	1,659	1,544
Common Stock	4,444	4,444	4,444	4,444	4,444	4,444
Additional Paid-In Capital	11,710	11,710	11,710	11,710	11,710	11,710
Retained Earnings	2,805	2,683	2,619	2,210	1,747	1,431
Comprehensive Income & Other	296.51	279.75	262.24	315.41	426.24	398.13
Shareholders' Equity	19,256	19,117	19,036	18,680	18,328	17,984
Total Liabilities & Equity	21,292	21,372	20,668	20,403	19,987	19,528
Total Debt	575.43	584.66	342.12	298.1	362.75	368.87
Net Cash (Debt)	1,526	1,980	4,428	5,256	4,834	4,833
Net Cash Growth	-67.81%	-55.30%	-15.75%	8.73%	0.01%	39.76%
Net Cash Per Share	0.36	0.47	1.00	1.17	1.04	1.11
Filing Date Shares Outstanding	4,444	4,444	4,444	4,444	4,444	4,444
Total Common Shares Outstanding	4,444	4,444	4,444	4,444	4,444	4,444
Working Capital	5,595	5,308	7,418	7,406	7,225	6,766
Book Value Per Share	4.33	4.30	4.28	4.20	4.12	4.05
Tangible Book Value	17,245	17,177	18,708	18,359	18,015	17,677
Tangible Book Value Per Share	3.88	3.86	4.21	4.13	4.05	3.98
Buildings	-	1,163	566.65	522.83	490.76	482.94
Machinery	-	12,947	13,129	13,138	13,617	14,018
Construction In Progress	-	10.09	78.46	58.9	111.88	123.07

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