SHE:001914 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	Dec '21 Dec 31, 2021
Cash & Equivalents	3,577	5,623	4,670	4,348	3,167	2,060
Cash & Short-Term Investments	3,577	5,623	4,670	4,348	3,167	2,060
Cash Growth	11.00%	20.39%	7.42%	37.27%	53.71%	-10.61%
Accounts Receivable	4,398	2,593	2,409	2,319	2,359	1,540
Other Receivables	878.24	286.67	302.57	292.13	286.23	281.09
Receivables	5,276	2,880	2,713	2,613	2,649	1,825
Inventory	1,028	1,044	1,146	1,117	1,164	1,390
Prepaid Expenses	-	8.44	8.29	4.18	-	4.13
Other Current Assets	305.64	722.9	767.59	632.89	867.17	553.1
Total Current Assets	10,187	10,278	9,304	8,714	7,848	5,832
Property, Plant & Equipment	626.92	632.95	691.46	727.9	713.75	644.99
Long-Term Investments	118.94	317.93	305.21	298.46	267.35	249.76
Goodwill	3,194	3,194	3,194	3,194	3,194	2,565
Other Intangible Assets	20.62	21.33	24.34	27.35	30.45	21.05
Long-Term Deferred Tax Assets	74.79	69.96	60.44	42.25	34.22	28.58
Long-Term Deferred Charges	90.04	98.37	101.89	111.45	116.61	122.45
Other Long-Term Assets	5,659	5,459	5,479	5,489	5,611	7,301
Total Assets	19,971	20,072	19,161	18,604	17,815	16,766
Accounts Payable	3,238	3,667	2,974	2,155	1,704	1,041
Accrued Expenses	756.06	1,153	1,071	1,063	855.01	732.9
Short-Term Debt	-	349.37	149.04	-	-	505.6
Current Portion of Long-Term Debt	223.13	200.35	20.94	1,702	162.46	182.89
Current Portion of Leases	-	22.94	25.71	27.6	18.8	13.98
Current Income Taxes Payable	169.15	92.36	101.88	56.6	76.05	71.72
Current Unearned Revenue	1,110	1,112	1,116	899.95	779.77	691.6
Other Current Liabilities	2,167	1,418	1,552	1,572	1,819	1,366
Total Current Liabilities	7,664	8,015	7,011	7,476	5,415	4,605
Long-Term Debt	316.73	321.73	668.36	346.36	2,248	2,536
Long-Term Leases	67.22	60.76	83.74	85.7	49.68	72.08
Long-Term Unearned Revenue	0.6	0.77	1.44	2.12	2.8	51.6
Long-Term Deferred Tax Liabilities	729.93	727.6	722.92	717.07	727.93	843.9
Other Long-Term Liabilities	88.88	88.27	72.63	66	60.96	81.2
Total Liabilities	8,867	9,214	8,560	8,694	8,504	8,190
Common Stock	1,054	1,054	1,060	1,060	1,060	1,060
Additional Paid-In Capital	3,000	3,000	3,107	3,069	3,068	3,068
Retained Earnings	6,903	6,670	6,290	5,630	5,022	4,534
Treasury Stock	-	-	-9.89	-	-	-
Comprehensive Income & Other	0.24	0.57	0.73	0.05	-0.05	-1.13
Total Common Equity	10,957	10,724	10,449	9,759	9,150	8,661
Minority Interest	146.87	133.63	151.35	151.02	161.31	-85.52
Shareholders' Equity	11,104	10,858	10,600	9,910	9,311	8,575
Total Liabilities & Equity	19,971	20,072	19,161	18,604	17,815	16,766
Total Debt	607.08	955.14	947.79	2,162	2,479	3,310
Net Cash (Debt)	2,970	4,667	3,722	2,186	688.46	-1,250
Net Cash Growth	35.91%	25.39%	70.32%	217.45%	-	-
Net Cash Per Share	2.81	4.41	3.51	2.06	0.65	-1.18
Filing Date Shares Outstanding	1,054	1,054	1,059	1,060	1,060	1,060
Total Common Shares Outstanding	1,054	1,054	1,059	1,060	1,060	1,060
Working Capital	2,523	2,263	2,293	1,238	2,433	1,227
Book Value Per Share	10.40	10.18	9.86	9.20	8.63	8.17
Tangible Book Value	7,743	7,509	7,231	6,538	5,925	6,075
Tangible Book Value Per Share	7.35	7.13	6.83	6.17	5.59	5.73
Buildings	-	687.92	687.92	687.92	687.92	597.81
Machinery	-	316.1	341.88	349.37	349.96	223.48
Construction In Progress	-	-	-	-	-	5.34

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