SHE:002091 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	11,403	14,775	14,730	20,891	15,010	11,406
Short-Term Investments	-	10	-	40.6	-	-
Trading Asset Securities	10,160	8,294	8,468	3,062	6,172	4,051
Cash & Short-Term Investments	21,563	23,079	23,198	23,995	21,183	15,457
Cash Growth	-5.47%	-0.51%	-3.32%	13.28%	37.04%	16.00%
Accounts Receivable	7,424	7,532	7,018	6,419	7,174	8,511
Other Receivables	102.76	100.62	89.8	857.32	549.87	804.09
Receivables	7,527	7,633	7,108	7,276	7,724	9,316
Inventory	3,288	3,866	3,844	3,351	3,882	3,895
Prepaid Expenses	-	-	-	0.65	-	4.67
Other Current Assets	2,072	1,715	1,400	248	311.33	538.54
Total Current Assets	34,449	36,293	35,550	34,870	33,100	29,211
Property, Plant & Equipment	6,046	6,222	6,577	5,132	3,881	2,812
Long-Term Investments	1,467	1,458	1,005	1,005	586.8	474.36
Goodwill	4.09	4.09	4.09	4.09	4.09	4.09
Other Intangible Assets	733.24	741.59	1,291	1,251	1,230	1,101
Long-Term Deferred Tax Assets	283.8	277.73	281.91	210.14	186.77	156.42
Long-Term Deferred Charges	196.72	179.6	173.2	148	107.22	79.24
Other Long-Term Assets	1,615	1,612	459.36	519.71	504.87	722.99
Total Assets	44,794	46,787	45,341	43,139	39,601	34,571
Accounts Payable	10,472	11,715	11,454	9,934	10,200	11,565
Accrued Expenses	1,020	1,559	1,430	1,399	1,269	804.66
Short-Term Debt	2,534	3,877	784.17	1,086	1,373	642.49
Current Portion of Long-Term Debt	231.28	52.93	1,047	1,953	-	1,101
Current Portion of Leases	-	122.67	98.72	73.6	50.02	54.4
Current Income Taxes Payable	498.24	469.38	426.62	610.82	517.93	380.15
Current Unearned Revenue	386.07	435.05	368.28	443.01	641.21	679.83
Other Current Liabilities	241.49	614.01	557.89	710.96	606.21	813.2
Total Current Liabilities	15,383	18,845	16,166	16,211	14,658	16,041
Long-Term Debt	5,537	4,396	6,536	5,350	5,214	4,998
Long-Term Leases	675.13	704.03	484.32	257.42	187.65	104.54
Long-Term Unearned Revenue	75.41	77.24	77.63	69.67	67.59	71.83
Long-Term Deferred Tax Liabilities	21.76	21.71	22.92	14.48	14.59	16.13
Other Long-Term Liabilities	13.02	13.43	22.55	-	-	-
Total Liabilities	21,706	24,057	23,310	21,902	20,143	21,231
Common Stock	1,628	1,628	1,628	1,628	1,628	1,564
Additional Paid-In Capital	5,584	5,583	5,513	5,510	5,664	3,417
Retained Earnings	8,922	8,710	8,107	7,653	6,473	5,128
Comprehensive Income & Other	356.56	341.14	435.21	452.02	397.46	392.03
Total Common Equity	16,490	16,262	15,683	15,243	14,162	10,501
Minority Interest	6,599	6,468	6,348	5,994	5,296	2,839
Shareholders' Equity	23,089	22,730	22,031	21,237	19,458	13,339
Total Liabilities & Equity	44,794	46,787	45,341	43,139	39,601	34,571
Total Debt	8,978	9,152	8,950	8,720	6,825	6,900
Net Cash (Debt)	12,585	13,927	14,248	15,274	14,357	8,557
Net Cash Growth	-9.19%	-2.25%	-6.72%	6.39%	67.78%	-18.62%
Net Cash Per Share	6.60	7.21	7.60	7.90	8.08	4.79
Filing Date Shares Outstanding	1,628	1,628	1,628	1,628	1,628	1,564
Total Common Shares Outstanding	1,628	1,628	1,628	1,628	1,628	1,564
Working Capital	19,066	17,448	19,384	18,659	18,441	13,170
Book Value Per Share	10.13	9.99	9.64	9.37	8.70	6.72
Tangible Book Value	15,752	15,516	14,388	13,987	12,927	9,396
Tangible Book Value Per Share	9.68	9.53	8.84	8.59	7.94	6.01
Buildings	-	4,128	3,387	2,935	3,019	2,201
Machinery	-	2,388	2,202	1,726	1,524	1,051
Construction In Progress	-	964.92	2,163	1,639	420.43	415.46

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