SHE:002081 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	4,587	5,273	5,777	6,063	6,059	7,490
Trading Asset Securities	701.1	1,430	1,214	1,191	1,083	983.33
Cash & Short-Term Investments	5,288	6,703	6,991	7,254	7,143	8,474
Cash Growth	-1.38%	-4.13%	-3.62%	1.57%	-15.71%	-0.83%
Accounts Receivable	19,306	20,261	21,024	22,053	22,500	22,420
Other Receivables	206.5	170.9	255.27	236.66	244.46	341.79
Receivables	19,512	20,432	21,280	22,289	22,744	22,761
Inventory	1,313	1,378	1,433	1,954	1,773	1,652
Prepaid Expenses	-	-	25.48	11.33	-	-
Other Current Assets	705.64	660.34	680.4	760.4	734.61	570.36
Total Current Assets	26,820	29,174	30,410	32,270	32,394	33,457
Property, Plant & Equipment	1,439	1,410	1,557	1,389	1,010	1,061
Long-Term Investments	261.91	260.27	255.29	210.51	435.06	490.61
Goodwill	182.84	185.73	199.83	193.81	198.02	161.79
Other Intangible Assets	78.73	81.43	93.32	102.41	94.09	81.8
Long-Term Accounts Receivable	-	-	15.52	56.43	177.51	209.91
Long-Term Deferred Tax Assets	1,308	1,307	1,279	1,240	1,239	1,183
Long-Term Deferred Charges	30.93	35.81	55.75	72.01	93.3	92.7
Other Long-Term Assets	1,380	1,454	1,423	1,548	1,422	1,448
Total Assets	31,501	33,908	35,289	37,082	37,062	38,185
Accounts Payable	13,672	15,437	16,343	17,320	17,730	18,638
Accrued Expenses	525.71	1,006	1,174	1,317	1,458	1,636
Short-Term Debt	16.67	-	119.96	303.59	283.04	882.25
Current Portion of Long-Term Debt	159.65	155.01	67.03	85.74	83.14	81.14
Current Portion of Leases	-	-	43.99	53.39	49.93	49.47
Current Income Taxes Payable	94.37	147.48	126.53	96.72	68.1	74.25
Current Unearned Revenue	372.51	562.84	732.09	1,551	1,837	1,708
Other Current Liabilities	1,723	1,823	1,983	1,979	1,888	1,941
Total Current Liabilities	16,563	19,131	20,589	22,706	23,397	25,010
Long-Term Debt	442.59	442.59	547.66	586.71	672.48	1,524
Long-Term Leases	98.47	101.08	101.54	118.2	127.42	126.3
Long-Term Deferred Tax Liabilities	40.06	41.03	37.86	48.99	49.17	27.57
Total Liabilities	17,145	19,715	21,276	23,460	24,246	26,688
Common Stock	2,655	2,655	2,655	2,655	2,655	2,671
Additional Paid-In Capital	41.12	38.47	18.5	156.68	156.65	186.69
Retained Earnings	11,221	11,045	10,867	10,657	9,896	8,611
Treasury Stock	-	-	-	-249.83	-249.83	-313.82
Comprehensive Income & Other	15.23	32.93	64.76	87.37	44.85	-46.96
Total Common Equity	13,933	13,772	13,606	13,307	12,503	11,108
Minority Interest	423.88	420.82	406.78	315.44	313.6	389.11
Shareholders' Equity	14,357	14,192	14,013	13,622	12,816	11,497
Total Liabilities & Equity	31,501	33,908	35,289	37,082	37,062	38,185
Total Debt	717.38	698.69	880.19	1,148	1,216	2,663
Net Cash (Debt)	4,571	6,004	6,111	6,107	5,927	5,810
Net Cash Growth	0.36%	-1.75%	0.07%	3.04%	2.00%	-16.92%
Net Cash Per Share	1.72	2.26	2.30	2.30	2.23	2.17
Filing Date Shares Outstanding	2,653	2,655	2,655	2,628	2,655	2,671
Total Common Shares Outstanding	2,653	2,655	2,655	2,628	2,655	2,671
Working Capital	10,256	10,043	9,821	9,564	8,997	8,447
Book Value Per Share	5.25	5.19	5.12	5.06	4.71	4.16
Tangible Book Value	13,671	13,504	13,313	13,010	12,211	10,865
Tangible Book Value Per Share	5.15	5.09	5.01	4.95	4.60	4.07
Buildings	-	-	1,763	1,508	1,089	1,080
Machinery	-	-	336.84	342.38	354.47	352.29
Construction In Progress	-	-	2.73	8.08	3.25	14.26

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