SHE:002761 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	8,773	10,874	10,087	9,153	7,617	7,528
Trading Asset Securities	30	-	-	-	-	-
Cash & Short-Term Investments	8,803	10,874	10,087	9,153	7,617	7,528
Cash Growth	7.96%	7.80%	10.20%	20.18%	1.17%	-16.44%
Accounts Receivable	74,232	77,860	74,999	71,378	66,187	57,805
Other Receivables	1,847	1,821	885.45	458.37	374.22	2,342
Receivables	76,079	79,681	76,084	71,999	66,835	60,147
Inventory	1,311	1,020	1,144	4,240	1,181	1,258
Prepaid Expenses	-	-	0.33	3.11	-	62.03
Other Current Assets	6,659	5,347	6,325	7,099	7,277	5,124
Total Current Assets	92,852	96,922	93,641	92,494	82,910	74,119
Property, Plant & Equipment	3,783	3,773	3,652	3,565	3,103	2,943
Long-Term Investments	3,555	3,523	2,632	2,024	1,467	281.26
Goodwill	175.15	176.61	181.5	190.51	176.67	182.82
Other Intangible Assets	2,281	2,284	2,301	2,312	2,262	724.51
Long-Term Accounts Receivable	-	-	-	87.16	99.6	121.2
Long-Term Deferred Tax Assets	1,935	1,951	1,768	1,615	1,292	883.05
Long-Term Deferred Charges	91.73	75.55	71.49	78.69	57.02	59.72
Other Long-Term Assets	14,567	14,286	16,635	19,285	19,914	19,931
Total Assets	119,238	122,990	120,882	121,650	111,281	99,246
Accounts Payable	66,696	73,212	70,822	68,699	61,559	52,515
Accrued Expenses	294.83	521.28	750.59	633.64	664.4	687.22
Short-Term Debt	7,933	5,494	6,529	7,603	7,010	8,092
Current Portion of Long-Term Debt	1,999	2,145	1,964	2,042	1,651	1,509
Current Portion of Leases	-	-	85.88	462.21	280.83	85.28
Current Income Taxes Payable	339.83	488.35	348.95	450.59	562.4	655.03
Current Unearned Revenue	4,990	4,488	3,799	4,317	5,120	3,136
Other Current Liabilities	15,101	16,083	15,357	14,869	14,043	12,551
Total Current Liabilities	97,354	102,432	99,656	99,076	90,890	79,230
Long-Term Debt	9,975	9,412	10,260	10,879	9,463	11,256
Long-Term Leases	35.21	26.19	59.48	233.07	452.28	126.39
Long-Term Unearned Revenue	132.71	131.23	129.95	128.47	107.18	136.43
Long-Term Deferred Tax Liabilities	25.23	31.92	12.22	67.01	57.34	10.09
Other Long-Term Liabilities	116.82	113.77	1,251	1,095	69.69	74.05
Total Liabilities	107,639	112,146	111,369	111,479	101,039	90,833
Common Stock	1,325	1,262	1,082	1,081	1,081	1,081
Additional Paid-In Capital	2,420	2,033	908.51	905.28	916.6	906.56
Retained Earnings	4,916	4,624	4,572	4,496	4,419	3,715
Comprehensive Income & Other	1,997	1,990	1,791	1,336	1,882	993.24
Total Common Equity	10,657	9,910	8,354	7,819	8,299	6,696
Minority Interest	941.47	934.5	1,160	2,352	1,942	1,717
Shareholders' Equity	11,599	10,844	9,513	10,172	10,241	8,413
Total Liabilities & Equity	119,238	122,990	120,882	121,650	111,281	99,246
Total Debt	19,942	17,076	18,899	21,219	18,857	21,068
Net Cash (Debt)	-11,139	-6,202	-8,812	-12,066	-11,240	-13,540
Net Cash Per Share	-6.53	-3.76	-5.46	-8.32	-9.88	-11.90
Filing Date Shares Outstanding	1,304	-	1,082	1,081	1,081	1,081
Total Common Shares Outstanding	1,304	-	1,082	1,081	1,081	1,081
Working Capital	-4,502	-5,510	-6,016	-6,582	-7,981	-5,111
Book Value Per Share	8.17	-	6.15	6.06	5.92	5.27
Tangible Book Value	8,201	7,449	5,871	5,317	5,860	5,788
Tangible Book Value Per Share	6.29	-	3.86	3.74	3.66	4.43
Buildings	-	-	2,715	2,733	2,459	2,080
Machinery	-	-	2,271	1,927	1,543	1,566
Construction In Progress	-	-	130.17	138.87	179.87	329.14

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