SHE:300070 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	Dec '21 Dec 31, 2021
Cash & Equivalents	3,988	4,482	4,252	4,198	5,615	4,101
Cash & Short-Term Investments	3,988	4,482	4,252	4,198	5,615	4,101
Cash Growth	-7.47%	5.41%	1.29%	-25.24%	36.93%	-32.40%
Accounts Receivable	18,863	18,147	17,145	15,165	13,521	12,856
Other Receivables	431.69	384.81	361.38	344.12	914.28	2,312
Receivables	19,295	18,532	17,506	15,509	14,435	15,167
Inventory	257.51	224.14	226.1	199.43	178.03	295.73
Other Current Assets	3,853	3,889	3,833	3,699	3,390	4,408
Total Current Assets	27,394	27,128	25,818	23,605	23,619	23,971
Property, Plant & Equipment	929.66	916.18	1,048	1,142	1,232	1,149
Long-Term Investments	5,595	5,603	5,699	6,450	6,427	6,648
Goodwill	507.95	507.95	586.94	641.61	762.15	812.22
Other Intangible Assets	22,308	22,140	21,393	19,567	17,756	18,976
Long-Term Accounts Receivable	-	-	-	489.7	359.4	406.43
Long-Term Deferred Tax Assets	1,008	995.69	898.09	711.86	555.23	420.46
Long-Term Deferred Charges	261.04	258.66	275.43	357.35	160.68	136.51
Other Long-Term Assets	23,724	23,692	24,025	23,567	21,780	18,311
Total Assets	81,728	81,241	79,744	76,531	72,650	70,831
Accounts Payable	14,306	14,540	14,268	13,475	11,288	10,543
Accrued Expenses	29.07	132.93	150.16	136.27	188.9	138.76
Short-Term Debt	5,629	8,510	8,105	8,877	7,127	6,725
Current Portion of Long-Term Debt	2,502	3,871	3,386	1,169	801.29	7.9
Current Portion of Leases	-	18.54	25.33	120.48	30.83	27.81
Current Income Taxes Payable	514.05	411.49	393.3	359.49	370.51	285.8
Current Unearned Revenue	1,152	1,107	805.97	894.09	764.89	712.51
Other Current Liabilities	5,435	2,078	2,234	2,436	2,928	2,778
Total Current Liabilities	29,567	30,669	29,367	27,467	23,499	21,219
Long-Term Debt	20,801	18,383	18,695	17,474	17,470	18,496
Long-Term Leases	86.74	1,025	930.07	920.83	1,811	2,616
Long-Term Unearned Revenue	76.01	77.34	101.22	65.39	66.29	87.74
Long-Term Deferred Tax Liabilities	5.53	5.5	5.99	6.6	7.83	8.8
Other Long-Term Liabilities	563.84	524.29	485.56	392.77	349.81	275.53
Total Liabilities	51,100	50,684	49,584	46,326	43,204	42,703
Common Stock	3,624	3,624	3,624	3,624	3,624	3,624
Additional Paid-In Capital	10,838	10,838	10,838	10,837	10,696	9,858
Retained Earnings	13,036	12,976	12,963	13,119	12,463	11,823
Comprehensive Income & Other	-145.83	-115.02	-166.81	-95.7	-5.32	-46.98
Total Common Equity	27,353	27,324	27,259	27,485	26,778	25,259
Minority Interest	3,275	3,233	2,901	2,720	2,668	2,869
Shareholders' Equity	30,628	30,557	30,159	30,205	29,446	28,128
Total Liabilities & Equity	81,728	81,241	79,744	76,531	72,650	70,831
Total Debt	29,018	31,808	31,141	28,560	27,240	27,873
Net Cash (Debt)	-25,030	-27,326	-26,889	-24,362	-21,625	-23,772
Net Cash Per Share	-6.89	-7.53	-7.44	-6.72	-5.97	-7.74
Filing Date Shares Outstanding	3,624	3,624	3,624	3,624	3,624	3,624
Total Common Shares Outstanding	3,624	3,624	3,624	3,624	3,624	3,624
Working Capital	-2,174	-3,541	-3,549	-3,862	119.17	2,753
Book Value Per Share	7.55	7.54	7.52	7.58	7.39	6.97
Tangible Book Value	4,537	4,676	5,279	7,277	8,260	5,470
Tangible Book Value Per Share	1.25	1.29	1.46	2.01	2.28	1.51
Buildings	-	500.35	494.01	477.91	431.55	405.85
Machinery	-	697.03	694.93	804.4	682	657.96
Construction In Progress	-	156.9	183.24	162.44	365.15	386.72
Order Backlog	-	8,633	-	-	-	-

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