SHE:300144 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	1,273	2,942	2,938	2,892	2,327	1,859
Trading Asset Securities	2,640	1,618	1,103	400.29	225.22	2.67
Cash & Short-Term Investments	3,912	4,560	4,041	3,292	2,553	1,861
Cash Growth	-8.30%	12.84%	22.76%	28.97%	37.13%	11.26%
Accounts Receivable	3.64	3.69	4.6	5.08	0.97	2.2
Other Receivables	20.28	18.04	30.51	16.49	12.24	10.2
Receivables	23.92	21.73	35.11	21.57	13.21	12.39
Inventory	6.6	6.68	7.5	8.97	11.04	12.52
Prepaid Expenses	-	-	0.01	0.59	0.12	1.38
Other Current Assets	42.98	46.04	51.91	61.44	35.6	120.07
Total Current Assets	3,986	4,635	4,136	3,385	2,613	2,008
Property, Plant & Equipment	2,971	3,025	3,180	3,221	3,303	3,596
Long-Term Investments	903.87	895.65	896.56	832.39	1,773	1,764
Goodwill	1.57	1.57	1.57	1.57	1.57	1.57
Other Intangible Assets	912.03	904.43	934.85	969.96	1,006	1,713
Long-Term Deferred Tax Assets	29.35	30.9	30.62	31.74	34.8	25.54
Long-Term Deferred Charges	537.79	553.69	615.94	620.47	626.49	695.02
Other Long-Term Assets	0.27	192.83	0.96	3.04	1.89	24.12
Total Assets	9,342	10,239	9,796	9,065	9,359	9,827
Accounts Payable	138.43	155.56	293.24	256.4	327.42	481.95
Accrued Expenses	5.76	89.75	73.91	72.3	61.32	60.23
Current Portion of Long-Term Debt	79.78	67.58	29.11	29.34	270.38	12.41
Current Portion of Leases	-	29.94	25.51	24.36	26.16	24.44
Current Income Taxes Payable	71.57	23.39	59.68	36.1	4.71	27.91
Current Unearned Revenue	335.3	436.25	115.45	239.24	137.33	95.9
Other Current Liabilities	67.74	37.63	52.49	68.28	23.68	45.04
Total Current Liabilities	698.59	840.1	649.39	726.01	851.01	747.88
Long-Term Debt	-	-	67.5	96.5	-	270
Long-Term Leases	135.71	281.53	290.58	316.12	347.09	371.77
Long-Term Unearned Revenue	361.16	365.15	376.32	389.73	389.5	387.93
Long-Term Deferred Tax Liabilities	2.16	1.4	0.7	0.07	0.07	93.72
Total Liabilities	1,198	1,488	1,384	1,528	1,588	1,871
Common Stock	2,625	2,625	2,623	2,620	2,615	2,615
Additional Paid-In Capital	644.54	1,383	1,362	1,299	1,220	1,250
Retained Earnings	4,737	4,557	4,264	3,502	3,743	3,931
Treasury Stock	-67.16	-7.16	-22.84	-34.34	-	-
Comprehensive Income & Other	-114.35	-120.36	-113.73	-134.81	-90.22	-151.3
Total Common Equity	7,824	8,437	8,112	7,252	7,487	7,645
Minority Interest	319.63	313.5	299.12	284.81	283.49	310.44
Shareholders' Equity	8,144	8,751	8,411	7,537	7,771	7,955
Total Liabilities & Equity	9,342	10,239	9,796	9,065	9,359	9,827
Total Debt	215.49	379.05	412.71	466.32	643.63	678.62
Net Cash (Debt)	3,697	4,181	3,629	2,826	1,909	1,183
Net Cash Growth	-4.37%	15.22%	28.41%	48.03%	61.40%	-14.20%
Net Cash Per Share	1.41	1.60	1.39	1.08	0.73	0.45
Filing Date Shares Outstanding	2,625	2,623	2,623	2,620	2,615	2,615
Total Common Shares Outstanding	2,625	2,623	2,623	2,620	2,615	2,615
Working Capital	3,287	3,794	3,486	2,659	1,762	1,260
Book Value Per Share	2.98	3.22	3.09	2.77	2.86	2.92
Tangible Book Value	6,911	7,531	7,176	6,281	6,480	5,930
Tangible Book Value Per Share	2.63	2.87	2.74	2.40	2.48	2.27
Buildings	-	-	-	2,546	2,551	2,553
Machinery	-	1,645	1,631	1,529	1,507	1,499
Construction In Progress	-	182.62	149.8	528.22	387.11	404.74

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