SHE:300124 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	6,118	7,033	3,558	8,487	7,438	3,951
Short-Term Investments	3,971	2,125	448.49	103.45	-	-
Trading Asset Securities	2,888	5,128	1,783	671.89	2,008	2,075
Cash & Short-Term Investments	12,977	14,286	5,790	9,262	9,446	6,026
Cash Growth	8.87%	146.74%	-37.49%	-1.95%	56.76%	39.78%
Accounts Receivable	21,983	19,337	16,696	14,836	9,848	7,220
Other Receivables	88.52	166.45	381.51	321.71	223.91	108.25
Receivables	22,072	19,504	17,078	15,157	10,072	7,328
Inventory	12,458	8,079	6,956	6,248	5,482	4,214
Other Current Assets	1,615	1,141	627.66	579.87	912.19	850.09
Total Current Assets	49,122	43,009	30,451	31,247	25,913	18,418
Property, Plant & Equipment	12,743	11,330	8,188	6,822	4,826	2,870
Long-Term Investments	5,810	11,231	12,938	5,938	3,974	2,358
Goodwill	2,096	2,095	2,154	2,161	1,975	1,921
Other Intangible Assets	960.04	1,012	807.72	797.44	711.64	583.94
Long-Term Accounts Receivable	-	308.12	228.54	155.35	157.05	106.62
Long-Term Deferred Tax Assets	1,504	1,140	856.05	752.68	674.01	581.5
Long-Term Deferred Charges	526.8	533.53	434.61	309.98	172.26	164.99
Other Long-Term Assets	4,304	655.8	1,122	773.46	808.97	298.72
Total Assets	77,066	71,314	57,179	48,958	39,212	27,303

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	24,587	21,683	16,998	12,311	9,330	6,366
Accrued Expenses	1,116	2,578	2,203	1,841	1,538	1,220
Short-Term Debt	550.48	1,347	479.19	804.27	2,074	404.59
Current Portion of Long-Term Debt	1,343	567.59	712.95	1,030	989.74	830.47
Current Portion of Leases	-	133.03	89.22	46.24	38.79	13.49
Current Income Taxes Payable	696.94	169.55	144.96	127.71	13.07	44.21
Current Unearned Revenue	1,053	775.19	903.18	870.69	987.13	580.19
Other Current Liabilities	3,488	2,641	1,843	2,613	1,089	537.46
Total Current Liabilities	32,835	29,894	23,374	19,644	16,059	9,996
Long-Term Debt	1,078	1,572	2,874	2,345	1,796	597.01
Long-Term Leases	204.28	211.41	146.66	86.63	90.01	18.01
Long-Term Unearned Revenue	395.78	385.1	374.2	282.2	268.06	112.77
Pension & Post-Retirement Benefits	14.29	13.34	13.11	11.98	-	-
Long-Term Deferred Tax Liabilities	225.1	198.22	245.82	261.62	189.9	69.19
Other Long-Term Liabilities	1,935	1,905	1,722	1,325	696.38	180.5
Total Liabilities	36,687	34,180	28,750	23,957	19,100	10,974

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	2,710	2,707	2,692	2,677	2,659	2,635
Additional Paid-In Capital	9,651	9,409	6,147	5,670	4,775	4,211
Retained Earnings	26,431	23,384	19,439	16,358	12,574	9,044
Treasury Stock	-277.03	-145.65	-260.93	-237.72	-205.6	-
Comprehensive Income & Other	-41.14	-1.71	-23.26	14.47	13.88	-6.44
Total Common Equity	38,473	35,353	27,994	24,482	19,816	15,883
Minority Interest	1,906	1,782	434.75	519.1	295.66	446.39
Shareholders' Equity	40,379	37,135	28,429	25,001	20,112	16,330
Total Liabilities & Equity	77,066	71,314	57,179	48,958	39,212	27,303

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	3,176	3,831	4,302	4,312	4,989	1,864
Net Cash (Debt)	9,802	10,454	1,487	4,950	4,457	4,162
Net Cash Growth	37.18%	602.82%	-69.95%	11.05%	7.09%	62.81%
Net Cash Per Share	3.59	3.83	0.56	1.86	1.68	1.58
Filing Date Shares Outstanding	2,692	2,707	2,694	2,689	2,658	2,632
Total Common Shares Outstanding	2,692	2,707	2,694	2,689	2,656	2,635
Working Capital	16,287	13,115	7,077	11,604	9,853	8,422
Book Value Per Share	14.29	13.06	10.39	9.10	7.46	6.03
Tangible Book Value	35,417	32,246	25,033	21,523	17,130	13,379
Tangible Book Value Per Share	13.16	11.91	9.29	8.00	6.45	5.08
Land	-	39.91	40.26	44.95	-	-
Buildings	-	5,345	4,176	2,772	1,779	1,349
Machinery	-	7,332	4,938	3,599	2,341	1,730
Construction In Progress	-	1,119	919.46	1,968	1,748	679.71