SHE:300021 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	1,436	1,469	1,688	1,151	1,142	1,358
Trading Asset Securities	11.76	1.83	31.67	0.01	54.45	6.06
Cash & Short-Term Investments	1,447	1,471	1,720	1,151	1,196	1,364
Cash Growth	3.69%	-14.48%	49.46%	-3.79%	-12.33%	20.47%
Accounts Receivable	5,759	5,654	4,561	3,723	2,703	2,540
Other Receivables	198.01	177.2	96.18	99.03	145.7	135.54
Receivables	5,957	5,832	4,658	3,822	2,848	2,676
Inventory	375.4	291.78	329.06	365.34	384.02	452.85
Other Current Assets	228.36	161.65	147.27	95.79	122.78	129.7
Total Current Assets	8,008	7,756	6,854	5,433	4,551	4,623
Property, Plant & Equipment	529.83	518.29	464.81	610.23	602.95	503.37
Long-Term Investments	537.04	534.08	522.21	422.07	385	330.36
Goodwill	202.21	202.21	105.82	102.2	93.19	94.26
Other Intangible Assets	470.09	476.99	455.34	323.99	195.7	143.01
Long-Term Accounts Receivable	-	-	160.47	231.16	171.77	5.93
Long-Term Deferred Tax Assets	115.54	118.1	92.25	88.21	67.44	46.61
Long-Term Deferred Charges	121.03	97.51	36.64	33.44	67.03	33.48
Other Long-Term Assets	661.72	685.73	657.34	709.28	816.78	544.92
Total Assets	10,646	10,389	9,349	7,954	6,951	6,325
Accounts Payable	3,711	3,766	3,355	2,401	1,895	1,492
Accrued Expenses	33.94	100.49	115.14	178.25	120.35	121.34
Short-Term Debt	1,495	1,225	1,116	785.86	611.65	1,003
Current Portion of Long-Term Debt	362.9	271.85	242.04	200.16	68.55	19.95
Current Portion of Leases	-	-	22.58	11.38	0.12	3.7
Current Income Taxes Payable	31.27	64.74	21.9	24.28	17.74	44.02
Current Unearned Revenue	162.45	215	366.08	152.67	225.63	180.93
Other Current Liabilities	450.87	360.89	252.32	163.51	202.14	196.85
Total Current Liabilities	6,247	6,003	5,492	3,917	3,141	3,061
Long-Term Debt	1,070	1,074	1,296	1,459	1,225	1,110
Long-Term Leases	27.8	25.22	33.23	75.19	73.32	21.2
Long-Term Unearned Revenue	84.27	76.89	68.67	123.51	80.33	65.99
Long-Term Deferred Tax Liabilities	11.27	10.96	3.09	7.43	4.02	4.39
Other Long-Term Liabilities	140.78	143.68	124.09	84.83	68.74	10.99
Total Liabilities	7,582	7,334	7,016	5,667	4,593	4,274
Common Stock	1,022	1,022	853.75	858.06	862.3	801.07
Additional Paid-In Capital	1,079	1,079	493.02	507.51	488.41	238.14
Retained Earnings	577.02	567.25	569.65	514.25	550.31	556.17
Treasury Stock	-69.82	-69.82	-30.24	-20.3	-30.92	-32.41
Comprehensive Income & Other	14.25	12.58	165.35	163.25	158.03	158.04
Total Common Equity	2,623	2,611	2,052	2,023	2,028	1,721
Minority Interest	441.32	443.3	280.89	264.25	330.24	329.76
Shareholders' Equity	3,064	3,055	2,332	2,287	2,358	2,051
Total Liabilities & Equity	10,646	10,389	9,349	7,954	6,951	6,325
Total Debt	2,956	2,596	2,710	2,531	1,979	2,158
Net Cash (Debt)	-1,509	-1,125	-989.61	-1,381	-782.59	-793.37
Net Cash Per Share	-1.59	-1.24	-1.15	-1.62	-0.92	-1.00
Filing Date Shares Outstanding	1,018	1,019	848.95	868.13	917.08	794.61
Total Common Shares Outstanding	1,018	1,019	848.95	868.13	917.08	794.61
Working Capital	1,761	1,753	1,362	1,516	1,410	1,562
Book Value Per Share	2.58	2.56	2.42	2.33	2.21	2.17
Tangible Book Value	1,950	1,932	1,490	1,597	1,739	1,484
Tangible Book Value Per Share	1.92	1.90	1.76	1.84	1.90	1.87
Buildings	-	-	399.08	476.24	468.32	395.14
Machinery	-	-	264	261.15	262.9	263.38
Construction In Progress	-	-	17.36	62.57	58.73	40.65

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