SHE:300383 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	1,795	1,839	1,477	2,424	2,259	2,270
Short-Term Investments	-	59.98	123.65	-	-	-
Trading Asset Securities	200.01	152.56	24.85	265.35	1,122	1,901
Cash & Short-Term Investments	1,995	2,051	1,625	2,689	3,381	4,171
Cash Growth	-19.41%	26.19%	-39.56%	-20.46%	-18.94%	220.08%
Accounts Receivable	1,992	1,940	2,296	2,184	2,259	2,213
Other Receivables	225.08	195.75	202.03	181.12	245.35	282.15
Receivables	2,217	2,385	2,498	2,465	2,505	2,496
Inventory	14.84	13.32	12.81	13.9	14.11	10.73
Prepaid Expenses	-	1.6	5.77	22.82	56.05	8.14
Other Current Assets	1,077	892.68	682.08	819.32	705.67	659.36
Total Current Assets	5,304	5,344	4,824	6,010	6,662	7,345
Property, Plant & Equipment	12,737	12,521	11,536	9,824	9,211	7,753
Long-Term Investments	68.87	67.39	73.75	98.74	342.83	65.92
Goodwill	219.81	219.81	1,083	1,074	1,074	2,398
Other Intangible Assets	1,258	1,264	1,234	1,168	1,197	1,174
Long-Term Deferred Tax Assets	130.57	125.16	85.46	171.48	175.11	58.78
Long-Term Deferred Charges	564.56	577.01	556.91	506.28	551.75	551.49
Other Long-Term Assets	219.1	219.1	219.1	19.1	97.74	85.92
Total Assets	20,502	20,338	19,613	18,871	19,311	19,433
Accounts Payable	1,651	1,706	1,851	1,727	1,546	1,452
Accrued Expenses	28.06	35.43	34.5	31.23	45.57	42.96
Short-Term Debt	1,576	1,667	1,471	965.77	384.29	1,191
Current Portion of Long-Term Debt	437.18	408.89	235.78	162.86	164.19	113.27
Current Portion of Leases	-	21.41	27.5	169.74	134.6	35.75
Current Income Taxes Payable	40.19	45.15	26.29	26.34	10.08	20.57
Current Unearned Revenue	120.75	111.66	151.7	115.41	103.71	115.01
Other Current Liabilities	86.36	81.67	154.14	158.65	134.54	212.61
Total Current Liabilities	3,939	4,078	3,952	3,357	2,523	3,184
Long-Term Debt	3,853	3,583	2,119	2,059	3,399	2,300
Long-Term Leases	275.39	266.92	288.87	309.19	636.05	251.74
Long-Term Unearned Revenue	16.64	14.12	11.84	12.16	12.48	14
Long-Term Deferred Tax Liabilities	13.8	13.96	14.63	78.11	88.02	33.95
Other Long-Term Liabilities	-	-	-	-	-	30
Total Liabilities	8,098	7,956	6,387	5,816	6,659	5,813
Common Stock	1,798	1,798	1,798	1,798	1,798	1,798
Additional Paid-In Capital	7,238	7,238	7,234	7,226	7,224	7,224
Retained Earnings	2,830	2,807	3,674	3,473	3,085	4,004
Comprehensive Income & Other	-25.22	-25.66	-26.08	0.68	-0.48	-0.72
Total Common Equity	11,841	11,818	12,680	12,497	12,106	13,024
Minority Interest	563.65	564.93	546.06	559.19	545.59	595.43
Shareholders' Equity	12,404	12,383	13,226	13,056	12,651	13,620
Total Liabilities & Equity	20,502	20,338	19,613	18,871	19,311	19,433
Total Debt	6,141	5,947	4,143	3,667	4,718	3,891
Net Cash (Debt)	-4,146	-3,896	-2,517	-977.7	-1,337	279.92
Net Cash Per Share	-2.14	-2.16	-1.39	-0.55	-0.74	0.18
Filing Date Shares Outstanding	1,798	1,798	1,798	1,798	1,798	1,798
Total Common Shares Outstanding	1,798	1,798	1,798	1,798	1,798	1,798
Working Capital	1,365	1,267	871.83	2,654	4,138	4,161
Book Value Per Share	6.59	6.57	7.05	6.95	6.73	7.25
Tangible Book Value	10,363	10,334	10,363	10,255	9,835	9,452
Tangible Book Value Per Share	5.76	5.75	5.76	5.70	5.47	5.26
Buildings	-	14,085	11,347	9,953	9,203	8,376
Machinery	-	1,189	836.57	1,265	1,383	1,045
Construction In Progress	-	1,429	2,592	1,807	1,379	599.79

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