SHE:002027 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	3,871	3,297	3,579	3,531	3,280	4,296
Short-Term Investments	46.45	298.52	2,713	110.17	2,727	501.67
Trading Asset Securities	5,449	4,315	2,644	5,361	4,657	3,442
Cash & Short-Term Investments	9,366	7,910	8,936	9,003	10,664	8,239
Cash Growth	-0.95%	-11.47%	-0.74%	-15.58%	29.43%	25.62%
Accounts Receivable	3,407	3,767	2,570	1,961	1,647	3,243
Other Receivables	455.26	43.34	37.05	30.58	19.53	106.03
Receivables	3,862	3,810	2,607	1,992	1,667	3,349
Inventory	6.82	5.84	8.27	9.37	13.38	10.28
Other Current Assets	444.8	92.2	96.75	108.42	143.88	112.33
Total Current Assets	13,680	11,818	11,647	11,112	12,488	11,711
Property, Plant & Equipment	3,301	3,233	3,666	3,950	3,510	3,878
Long-Term Investments	2,749	4,161	6,435	8,243	8,132	8,870
Goodwill	171.82	171.82	171.82	134.98	168.05	167.79
Other Intangible Assets	74.41	76.84	87.19	65.99	11.93	14.85
Long-Term Deferred Tax Assets	768.02	752.4	784.64	841.13	906.5	833.76
Long-Term Deferred Charges	1.86	2.42	7.12	13.46	21.97	12.77
Other Long-Term Assets	539.22	0	0	0	-	-
Total Assets	21,285	20,215	22,799	24,361	25,239	25,555
Accounts Payable	84.83	86.73	95.47	136.82	138.33	205.94
Accrued Expenses	244.03	1,387	1,179	1,326	1,283	1,698
Short-Term Debt	171.02	168.86	115.02	68.9	12.19	20.84
Current Portion of Long-Term Debt	-	12.45	-	-	-	-
Current Portion of Leases	1,870	1,850	2,046	2,237	2,056	2,001
Current Income Taxes Payable	482.72	292.62	206.36	259.82	252.19	751.71
Current Unearned Revenue	512.19	545.84	542.47	856.91	852.2	799.04
Other Current Liabilities	1,181	303.37	308.41	317.11	2,379	293.24
Total Current Liabilities	4,546	4,647	4,492	5,203	6,972	5,770
Long-Term Debt	50	45.9	-	-	-	-
Long-Term Leases	749.99	729.02	807.67	928.01	742.65	812.96
Pension & Post-Retirement Benefits	6.52	5.69	7.46	5.08	0.89	3.13
Long-Term Deferred Tax Liabilities	32.81	173.22	170.59	184.04	227.02	286.19
Total Liabilities	5,386	5,601	5,478	6,320	7,943	6,873
Common Stock	328.3	328.3	328.3	328.3	328.3	328.3
Additional Paid-In Capital	198.08	762.77	748.73	386.74	380.73	380.73
Retained Earnings	15,494	13,705	16,293	17,507	16,726	17,835
Comprehensive Income & Other	-575.16	-546.57	-343.11	-528.17	-485.83	-164.73
Total Common Equity	15,445	14,249	17,027	17,693	16,949	18,379
Minority Interest	453.78	365.1	293.46	347.62	347.13	303.31
Shareholders' Equity	15,899	14,614	17,321	18,041	17,296	18,683
Total Liabilities & Equity	21,285	20,215	22,799	24,361	25,239	25,555
Total Debt	2,841	2,806	2,968	3,234	2,810	2,835
Net Cash (Debt)	6,525	5,104	5,967	5,769	7,854	5,404
Net Cash Growth	4.21%	-14.46%	3.44%	-26.55%	45.32%	-16.83%
Net Cash Per Share	0.45	0.35	0.41	0.40	0.54	0.37
Filing Date Shares Outstanding	14,444	14,442	14,442	14,442	14,442	14,442
Total Common Shares Outstanding	14,444	14,442	14,442	14,442	14,442	14,442
Working Capital	9,134	7,171	7,155	5,909	5,516	5,940
Book Value Per Share	1.07	0.99	1.18	1.23	1.17	1.27
Tangible Book Value	15,199	14,001	16,768	17,492	16,769	18,197
Tangible Book Value Per Share	1.05	0.97	1.16	1.21	1.16	1.26
Buildings	-	24.34	24.34	-	24.08	24.08
Machinery	-	132.22	136.06	148.47	121.96	123.9
Construction In Progress	-	13.19	7.55	5.2	4.66	4.53

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