SHE:002048 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	2,729	2,615	2,831	3,221	3,196	3,853
Short-Term Investments	-	-	-	917.3	631.43	250
Trading Asset Securities	-	-	5.71	252.88	-	-
Cash & Short-Term Investments	2,729	2,615	2,837	4,391	3,828	4,103
Cash Growth	8.19%	-7.81%	-35.39%	14.71%	-6.72%	25.24%
Accounts Receivable	6,862	9,366	9,374	7,956	6,508	5,243
Other Receivables	1,661	74.91	78.34	117.45	62.85	66.8
Receivables	8,523	9,440	9,452	8,073	6,571	5,310
Inventory	2,073	2,118	3,068	2,965	2,562	2,225
Other Current Assets	729.46	647.72	627.75	535.32	458.8	370.31
Total Current Assets	14,054	14,822	15,985	15,964	13,419	12,008
Property, Plant & Equipment	6,081	6,259	7,361	6,028	4,818	4,336
Long-Term Investments	2,983	2,975	2,515	2,570	2,510	3,314
Goodwill	922.37	938.22	943.44	749.25	835.68	933.75
Other Intangible Assets	542.78	542.5	566.1	554.4	438.37	470.65
Long-Term Accounts Receivable	-	264.25	208.71	1.71	-	-
Long-Term Deferred Tax Assets	314.57	336.27	570.89	426.26	338.07	304.73
Long-Term Deferred Charges	729.46	758.46	763.42	786.65	635.91	422.9
Other Long-Term Assets	573.59	298.54	243.33	160.09	56.04	58.26
Total Assets	26,202	27,195	29,156	27,240	23,051	21,849
Accounts Payable	8,569	9,893	9,991	8,617	6,939	5,439
Accrued Expenses	361.18	722.51	842.06	677.77	627.65	621.62
Short-Term Debt	900.75	794.24	1,364	1,131	735.09	1,473
Current Portion of Long-Term Debt	141.83	100.98	32.64	41.66	-	-
Current Portion of Leases	-	126.16	199.16	154.46	125.12	83.4
Current Income Taxes Payable	254.99	104.3	136.97	111.39	87.7	61.08
Current Unearned Revenue	258.54	264.08	363.97	274.85	181.34	171.39
Other Current Liabilities	855.61	746.29	1,210	405.28	162.57	127.85
Total Current Liabilities	11,342	12,752	14,140	11,414	8,859	7,978
Long-Term Debt	25	25	44.73	66.2	56.75	-
Long-Term Leases	525.49	475.31	775.14	458.56	305.88	429.53
Long-Term Unearned Revenue	141.43	136	133.06	122.49	80.99	84.08
Pension & Post-Retirement Benefits	-	-	117.93	122.06	105.53	146.59
Long-Term Deferred Tax Liabilities	300.95	313.04	467.22	432.86	333.74	507.68
Other Long-Term Liabilities	468.26	563.16	544.42	772.63	620.59	498.77
Total Liabilities	12,803	14,264	16,222	13,388	10,362	9,645
Common Stock	813.83	813.83	814.1	814.1	814.1	814.1
Additional Paid-In Capital	2,968	2,675	2,796	3,912	3,979	4,003
Retained Earnings	7,413	7,140	7,064	6,625	5,778	4,977
Treasury Stock	-24.92	-24.92	-5.03	-5.03	-5.03	-
Comprehensive Income & Other	822.39	883.07	825.76	862.56	536.54	1,063
Total Common Equity	11,992	11,487	11,494	12,209	11,102	10,857
Minority Interest	1,407	1,444	1,440	1,642	1,586	1,347
Shareholders' Equity	13,399	12,930	12,934	13,852	12,688	12,204
Total Liabilities & Equity	26,202	27,195	29,156	27,240	23,051	21,849
Total Debt	1,593	1,522	2,416	1,852	1,223	1,986
Net Cash (Debt)	1,136	1,093	420.82	2,539	2,605	2,117
Net Cash Growth	72.92%	159.83%	-83.42%	-2.54%	23.04%	-21.07%
Net Cash Per Share	1.40	1.33	0.52	3.13	3.20	3.38
Filing Date Shares Outstanding	802.7	812.39	815.9	800.11	1,324	814.1
Total Common Shares Outstanding	802.7	812.39	815.9	800.11	1,324	814.1
Working Capital	2,713	2,070	1,845	4,551	4,560	4,030
Book Value Per Share	14.94	14.14	14.09	15.26	8.38	13.34
Tangible Book Value	10,527	10,006	9,985	10,905	9,828	9,453
Tangible Book Value Per Share	13.11	12.32	12.24	13.63	7.42	11.61
Land	-	9.25	11.46	11.46	9.6	9.6
Buildings	-	3,357	2,959	2,643	2,214	2,169
Machinery	-	7,304	8,956	7,754	6,255	5,715
Construction In Progress	-	905.47	1,705	1,345	796.98	466.91

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