SHE:000045 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	416.6	340.96	472.27	991.79	302.47	279.09
Trading Asset Securities	718.84	731.42	821.95	319.61	617.19	684.62
Cash & Short-Term Investments	1,135	1,072	1,294	1,311	919.66	963.7
Cash Growth	-1.93%	-17.14%	-1.31%	42.59%	-4.57%	-22.25%
Accounts Receivable	943.12	917.84	893.94	765.62	651.42	666.18
Other Receivables	3.05	22.91	36.55	54.03	168.77	5.27
Receivables	946.17	940.75	930.49	819.65	820.19	671.44
Inventory	860.22	789.76	736.39	558.45	743.4	480.85
Other Current Assets	99.4	10.32	46.95	44.48	16.32	94.38
Total Current Assets	3,041	2,813	3,008	2,734	2,500	2,210
Property, Plant & Equipment	1,729	1,895	2,109	2,294	2,477	2,092
Long-Term Investments	274.62	280.23	273.67	302.16	349.09	439.25
Other Intangible Assets	32.28	35.21	39.56	44.19	48.64	36.05
Long-Term Deferred Tax Assets	56.83	58.92	60.61	69.82	3.71	5.24
Long-Term Deferred Charges	6.09	6.08	3.5	4.47	5.39	2.88
Other Long-Term Assets	140.75	143.79	155.12	168.87	179.78	183.82
Total Assets	5,281	5,232	5,650	5,617	5,564	4,970
Accounts Payable	400.6	335.91	439.6	327.05	376.27	329.47
Accrued Expenses	42.15	58.07	57.62	63.56	66.25	56.15
Short-Term Debt	-	-	8	7	37.58	-
Current Portion of Long-Term Debt	50.43	47.01	102.61	97.18	-	-
Current Portion of Leases	-	6.88	5.49	7	5.18	-
Current Income Taxes Payable	12.89	4.72	2.08	4.66	1.8	11.22
Current Unearned Revenue	3.99	0.49	1.44	4.27	0.07	0.28
Other Current Liabilities	208.54	226.9	267.14	293.53	262.25	160.13
Total Current Liabilities	718.6	679.98	883.98	804.26	749.39	557.25
Long-Term Debt	136.63	162.39	505.58	607.42	683.02	343.1
Long-Term Leases	9.31	9.5	6.69	8.63	4.24	-
Long-Term Unearned Revenue	87.5	96.35	97.49	117.81	110.46	110.74
Long-Term Deferred Tax Liabilities	48.12	48.61	44.18	47.97	61.64	59.14
Total Liabilities	1,000	996.83	1,538	1,586	1,609	1,070
Common Stock	506.52	506.52	506.52	506.52	506.52	507.77
Additional Paid-In Capital	-	1,826	1,826	1,826	1,826	1,832
Retained Earnings	400.35	376.87	320.42	271.55	223.56	181.87
Treasury Stock	-	-	-	-	-	-7.53
Comprehensive Income & Other	2,068	242	228.72	244.71	254.8	251.72
Total Common Equity	2,975	2,952	2,882	2,849	2,811	2,766
Minority Interest	1,305	1,283	1,230	1,182	1,143	1,133
Shareholders' Equity	4,281	4,235	4,112	4,031	3,955	3,899
Total Liabilities & Equity	5,281	5,232	5,650	5,617	5,564	4,970
Total Debt	196.36	225.78	628.37	727.23	730.01	343.1
Net Cash (Debt)	939.08	846.6	665.85	584.16	189.65	620.6
Net Cash Growth	22.77%	27.15%	13.98%	208.02%	-69.44%	-49.93%
Net Cash Per Share	1.89	1.71	1.34	1.12	0.37	1.17
Filing Date Shares Outstanding	506.52	506.52	506.52	506.52	506.52	507.77
Total Common Shares Outstanding	506.52	506.52	506.52	506.52	506.52	507.77
Working Capital	2,323	2,133	2,124	1,930	1,750	1,653
Book Value Per Share	5.87	5.83	5.69	5.63	5.55	5.45
Tangible Book Value	2,943	2,917	2,843	2,805	2,763	2,730
Tangible Book Value Per Share	5.81	5.76	5.61	5.54	5.45	5.38
Buildings	-	727.39	717.86	742.71	771	545.9
Machinery	-	2,783	2,758	2,697	2,601	1,065
Construction In Progress	-	5.81	31.31	38.06	71.48	1,302

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