SHE:000975 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	5,631	2,870	3,031	1,874	1,456	482.68
Trading Asset Securities	-	1,257	1,051	2,000	2,074	1,535
Cash & Short-Term Investments	5,631	4,127	4,082	3,874	3,530	2,018
Cash Growth	39.44%	1.10%	5.36%	9.77%	74.92%	148.44%
Accounts Receivable	44.44	21.11	42.04	39.81	39.98	48.27
Other Receivables	440.41	85.75	56.17	62.24	47.64	20.89
Receivables	484.85	106.86	98.21	102.05	87.62	69.16
Inventory	1,093	1,240	1,485	1,359	1,028	1,027
Prepaid Expenses	-	7.91	-	-	-	-
Other Current Assets	104.65	41.89	342.69	347.44	191.93	819.87
Total Current Assets	7,314	5,524	6,008	5,683	4,838	3,934
Property, Plant & Equipment	3,957	3,470	3,151	3,189	3,270	2,984
Long-Term Investments	20.82	20.82	20.82	14.3	44.3	55.8
Goodwill	452.37	452.37	452.37	452.37	452.37	452.37
Other Intangible Assets	8,277	8,437	6,447	6,572	7,112	5,318
Long-Term Deferred Tax Assets	205.1	209.15	170	135.35	98.31	80.3
Long-Term Deferred Charges	21.77	24.53	24.23	26.66	29.67	26.51
Other Long-Term Assets	46.23	51.32	26.31	91.55	88.55	55.63
Total Assets	20,294	18,189	16,299	16,164	15,933	12,907
Accounts Payable	1,586	796.28	1,517	1,530	1,881	569.67
Accrued Expenses	21.67	146.47	98.24	103.31	94.44	75.65
Short-Term Debt	-	0.39	210.19	839.66	682.03	179.19
Current Portion of Long-Term Debt	202.24	208	30	-	-	-
Current Portion of Leases	-	20.2	9.17	4.07	7.17	-
Current Income Taxes Payable	341.21	223.13	114.1	112.72	138.69	123.76
Current Unearned Revenue	72.05	3.39	19.97	20.96	16.16	21.06
Other Current Liabilities	239.41	456	407.38	364.64	268.76	201.31
Total Current Liabilities	2,462	1,854	2,406	2,975	3,089	1,171
Long-Term Debt	969	1,006	64.08	109.14	-	234.93
Long-Term Leases	6.82	11.64	24.05	10.14	10.35	-
Long-Term Unearned Revenue	0.28	0.31	0.34	0.38	0.41	0.44
Long-Term Deferred Tax Liabilities	169.76	193.01	224.03	249.02	302.47	354.56
Other Long-Term Liabilities	280.29	312.07	211.38	140.68	192.78	79.88
Total Liabilities	3,889	3,377	2,930	3,484	3,595	1,840
Common Stock	2,777	2,777	2,777	2,777	2,777	2,777
Additional Paid-In Capital	4,431	4,431	4,431	4,431	4,431	4,431
Retained Earnings	7,181	5,735	4,339	3,692	3,262	2,683
Treasury Stock	-34.1	-	-	-	-	-
Comprehensive Income & Other	69.64	38.48	13.79	12.26	-3.81	-1.05
Total Common Equity	14,424	12,981	11,561	10,913	10,466	9,890
Minority Interest	1,981	1,831	1,808	1,767	1,872	1,176
Shareholders' Equity	16,405	14,812	13,369	12,679	12,339	11,066
Total Liabilities & Equity	20,294	18,189	16,299	16,164	15,933	12,907
Total Debt	1,178	1,247	337.48	963.01	699.55	414.12
Net Cash (Debt)	4,453	2,880	3,745	2,911	2,830	1,604
Net Cash Growth	55.28%	-23.08%	28.62%	2.87%	76.47%	470.11%
Net Cash Per Share	1.60	1.04	1.35	1.05	1.02	0.58
Filing Date Shares Outstanding	2,775	2,777	2,777	2,777	2,777	2,777
Total Common Shares Outstanding	2,775	2,777	2,777	2,777	2,777	2,777
Working Capital	4,851	3,670	3,601	2,708	1,749	2,763
Book Value Per Share	5.20	4.67	4.16	3.93	3.77	3.56
Tangible Book Value	5,695	4,092	4,661	3,888	2,902	4,119
Tangible Book Value Per Share	2.05	1.47	1.68	1.40	1.05	1.48
Buildings	-	2,284	2,116	2,074	2,058	1,975
Machinery	-	1,929	1,874	1,803	1,641	1,621
Construction In Progress	-	257.82	388.17	247.34	424.66	200.42

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