SHE:000156 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	6,767	6,328	6,528	5,355	7,024	5,641
Short-Term Investments	33.01	1,496	600.67	655.59	754.1	-
Trading Asset Securities	603.2	270.61	31.17	27.27	19.69	188.63
Cash & Short-Term Investments	7,403	8,095	7,160	6,038	7,797	5,830
Cash Growth	26.76%	13.06%	18.58%	-22.56%	33.75%	-39.33%
Accounts Receivable	4,258	3,499	3,237	2,691	2,259	2,010
Other Receivables	177.89	202.97	187.49	151.99	231.37	145.52
Receivables	4,436	3,702	3,424	2,843	2,491	2,156
Inventory	1,446	1,306	1,261	1,349	1,285	1,090
Prepaid Expenses	-	39.83	1.82	18.04	20.77	-
Other Current Assets	357.89	170.86	214.49	139.34	109.76	1,412
Total Current Assets	13,643	13,314	12,061	10,387	11,703	10,488
Property, Plant & Equipment	10,531	10,657	10,883	10,512	10,130	9,164
Long-Term Investments	2,578	2,008	3,118	3,082	823.03	856.38
Goodwill	535.91	535.91	535.91	535.91	535.91	535.91
Other Intangible Assets	566.04	596.69	584.58	574.24	551.26	504.54
Long-Term Accounts Receivable	180.35	194.17	229.66	171.8	64.07	26.31
Long-Term Deferred Tax Assets	23.7	23.7	22.68	25.43	18.58	15.13
Long-Term Deferred Charges	1,565	1,698	1,840	1,821	1,749	1,761
Other Long-Term Assets	4.03	7.27	6	1	25.69	89.51
Total Assets	29,627	29,035	29,280	27,111	25,600	23,441
Accounts Payable	4,625	4,771	4,326	3,710	3,609	2,905
Accrued Expenses	315.05	694.11	757.83	792.31	776.23	730.03
Short-Term Debt	2,513	1,578	2,136	942.84	72.78	-
Current Portion of Leases	61.5	101.11	94.26	93.44	91.74	-
Current Income Taxes Payable	35.75	0.2	0.81	3.1	11.95	9.39
Current Unearned Revenue	3,021	2,972	2,968	2,835	2,825	2,578
Other Current Liabilities	505.8	321	399.12	404.71	385.61	423.52
Total Current Liabilities	11,077	10,437	10,682	8,781	7,772	6,646
Long-Term Leases	247.35	98.74	137.45	203.31	263.37	-
Long-Term Unearned Revenue	2,953	3,166	3,250	3,181	3,056	2,894
Long-Term Deferred Tax Liabilities	-	-	-	-	-	7.53
Other Long-Term Liabilities	2.85	2.85	2.94	4.18	4.2	4.22
Total Liabilities	14,280	13,705	14,072	12,170	11,096	9,552
Common Stock	1,962	1,962	1,962	1,962	1,962	1,962
Additional Paid-In Capital	8,913	8,913	8,923	8,929	8,931	8,941
Retained Earnings	4,077	4,061	3,935	3,655	3,233	2,637
Comprehensive Income & Other	1.88	1.88	2.24	2.15	2.09	1.88
Total Common Equity	14,954	14,938	14,822	14,548	14,127	13,541
Minority Interest	393.18	392.14	385.55	393.03	376.9	346.89
Shareholders' Equity	15,347	15,330	15,208	14,941	14,504	13,888
Total Liabilities & Equity	29,627	29,035	29,280	27,111	25,600	23,441
Total Debt	2,822	1,778	2,368	1,240	427.89	-
Net Cash (Debt)	4,581	6,317	4,792	4,799	7,369	5,830
Net Cash Growth	14.05%	31.82%	-0.13%	-34.88%	26.41%	-39.33%
Net Cash Per Share	2.49	3.43	2.57	2.60	3.98	3.87
Filing Date Shares Outstanding	1,962	1,962	1,962	1,962	1,962	1,962
Total Common Shares Outstanding	1,962	1,962	1,962	1,962	1,962	1,962
Working Capital	2,566	2,877	1,380	1,606	3,931	3,842
Book Value Per Share	7.62	7.62	7.56	7.42	7.20	6.90
Tangible Book Value	13,852	13,806	13,702	13,438	13,040	12,501
Tangible Book Value Per Share	7.06	7.04	6.99	6.85	6.65	6.37
Buildings	-	684.29	569.25	541.81	535.59	489.76
Machinery	-	4,645	4,561	4,229	3,937	3,620
Construction In Progress	-	922.89	1,257	1,216	1,199	1,127

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.