SHE:300999 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	44,577	44,204	52,906	59,296	39,462	43,835
Trading Asset Securities	26,075	23,519	11,160	18,200	18,864	11,980
Cash & Short-Term Investments	70,652	67,723	64,066	77,496	58,326	55,816
Cash Growth	2.35%	5.71%	-17.33%	32.87%	4.50%	-3.48%
Accounts Receivable	11,372	11,461	10,350	12,604	11,819	9,596
Other Receivables	5,294	2,470	2,281	2,217	3,494	3,910
Receivables	16,666	13,931	12,631	14,821	15,313	13,506
Inventory	42,287	54,134	53,477	47,589	53,066	46,906
Prepaid Expenses	-	6.9	14.84	7.06	0.74	0.94
Other Current Assets	9,769	9,193	10,240	9,537	9,421	8,790
Total Current Assets	139,373	144,988	140,429	149,450	136,126	125,018
Property, Plant & Equipment	50,677	51,026	53,218	50,912	46,033	39,595
Long-Term Investments	5,134	4,987	5,932	12,135	20,913	19,018
Goodwill	6,111	6,111	5,988	5,988	5,988	5,988
Other Intangible Assets	14,270	14,403	14,718	14,882	14,756	13,850
Long-Term Deferred Tax Assets	1,823	1,697	1,733	1,563	1,278	708.74
Long-Term Deferred Charges	287.37	302.79	265.53	275.69	239.64	198.05
Other Long-Term Assets	5,258	5,164	2,749	3,296	2,484	2,874
Total Assets	222,934	228,720	225,059	238,500	227,943	207,250
Accounts Payable	19,992	25,483	16,831	13,051	8,876	7,059
Accrued Expenses	821.77	3,508	2,980	2,776	3,531	3,144
Short-Term Debt	80,278	81,210	80,344	95,626	90,907	79,452
Current Portion of Long-Term Debt	1,171	948.5	8,436	9,742	2,661	2,383
Current Portion of Leases	-	93.98	81.42	75.71	73.47	76.97
Current Income Taxes Payable	994.67	410.49	926.92	327.63	265.08	423.9
Current Unearned Revenue	2,207	3,638	3,327	2,981	4,350	4,689
Other Current Liabilities	8,457	6,383	6,241	5,379	5,822	5,774
Total Current Liabilities	113,922	121,674	119,166	129,959	116,486	103,002
Long-Term Debt	4,451	4,118	5,592	10,358	16,329	11,610
Long-Term Leases	183.24	161.37	120.06	112.91	115.48	135.93
Long-Term Unearned Revenue	1,098	1,111	1,126	1,165	855.61	631.17
Long-Term Deferred Tax Liabilities	782.79	690.98	829.42	934.14	729.51	436.83
Other Long-Term Liabilities	14.64	15.03	20.84	5.96	144.14	325.73
Total Liabilities	120,451	127,770	126,854	142,535	134,660	116,142
Common Stock	5,422	5,422	5,422	5,422	5,422	5,422
Additional Paid-In Capital	37,046	37,004	36,838	36,662	36,681	36,598
Retained Earnings	55,104	53,622	51,071	49,171	46,740	44,147
Comprehensive Income & Other	309.23	385.08	405.8	241.73	-135.29	535.03
Total Common Equity	97,880	96,432	93,737	91,496	88,707	86,701
Minority Interest	4,602	4,518	4,469	4,469	4,576	4,408
Shareholders' Equity	102,482	100,950	98,206	95,965	93,283	91,108
Total Liabilities & Equity	222,934	228,720	225,059	238,500	227,943	207,250
Total Debt	86,082	86,532	94,573	115,915	110,086	93,658
Net Cash (Debt)	-15,431	-18,809	-30,506	-38,419	-51,760	-37,843
Net Cash Per Share	-2.83	-3.46	-5.61	-7.15	-9.63	-6.96
Filing Date Shares Outstanding	5,422	5,422	5,422	5,422	5,422	5,422
Total Common Shares Outstanding	5,422	5,422	5,422	5,422	5,422	5,422
Working Capital	25,452	23,315	21,263	19,491	19,640	22,016
Book Value Per Share	18.05	17.79	17.29	16.88	16.36	15.99
Tangible Book Value	77,499	75,918	73,031	70,626	67,963	66,863
Tangible Book Value Per Share	14.29	14.00	13.47	13.03	12.54	12.33
Buildings	-	29,928	27,357	24,572	21,517	18,752
Machinery	-	50,123	47,625	42,742	38,703	34,973
Construction In Progress	-	4,120	8,104	10,308	9,692	7,168

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