SHE:001914 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	Jan '21 Jan 1, 2021
Cash & Equivalents	2,890	4,669	4,348	3,167	2,060	2,305
Cash & Short-Term Investments	2,890	4,669	4,348	3,167	2,060	2,305
Cash Growth	17.21%	7.39%	37.27%	53.71%	-10.61%	-4.17%
Accounts Receivable	4,207	2,317	2,319	2,359	1,540	1,160
Other Receivables	1,031	302.57	292.13	286.23	281.09	293.9
Receivables	5,238	2,620	2,613	2,649	1,825	1,458
Inventory	1,127	1,146	1,117	1,164	1,390	1,575
Prepaid Expenses	-	8.29	4.18	-	4.13	6.92
Other Current Assets	255.05	767.58	632.89	867.17	553.1	405.29
Total Current Assets	9,510	9,210	8,714	7,848	5,832	5,750
Property, Plant & Equipment	648.26	691.46	727.9	713.75	644.99	649.27
Long-Term Investments	114.41	305.21	298.46	267.35	249.76	326.45
Goodwill	3,194	3,194	3,194	3,194	2,565	2,565
Other Intangible Assets	23.55	24.34	27.35	30.45	21.05	22.86
Long-Term Deferred Tax Assets	70.18	60.44	42.25	34.22	28.58	20.44
Long-Term Deferred Charges	85.84	101.89	111.45	116.61	122.45	130.83
Other Long-Term Assets	5,679	5,479	5,489	5,611	7,301	6,889
Total Assets	19,325	19,067	18,604	17,815	16,766	16,354
Accounts Payable	3,088	2,974	2,155	1,704	1,041	774.98
Accrued Expenses	895.84	1,071	1,063	855.01	732.9	691.92
Short-Term Debt	49.03	149.04	-	-	505.6	360.4
Current Portion of Long-Term Debt	143.42	20.94	1,702	162.46	182.89	1,588
Current Portion of Leases	-	25.71	27.6	18.8	13.98	11.74
Current Income Taxes Payable	142.54	101.88	56.6	76.05	71.72	41.9
Current Unearned Revenue	919.06	1,060	899.95	779.77	691.6	626.86
Other Current Liabilities	1,772	1,544	1,572	1,819	1,366	1,868
Total Current Liabilities	7,010	6,947	7,476	5,415	4,605	5,964
Long-Term Debt	416.73	668.36	346.36	2,248	2,536	1,144
Long-Term Leases	74.29	83.74	85.7	49.68	72.08	62.33
Long-Term Unearned Revenue	0.94	1.44	2.12	2.8	51.6	51.6
Long-Term Deferred Tax Liabilities	731.24	722.92	717.07	727.93	843.9	788.63
Other Long-Term Liabilities	89.91	72.63	66	60.96	81.2	61.19
Total Liabilities	8,323	8,496	8,694	8,504	8,190	8,072
Common Stock	1,060	1,060	1,060	1,060	1,060	1,060
Additional Paid-In Capital	3,077	3,077	3,069	3,068	3,068	3,083
Retained Earnings	6,722	6,290	5,630	5,022	4,534	4,158
Treasury Stock	-15.86	-9.89	-	-	-	-
Comprehensive Income & Other	0.73	0.73	0.05	-0.05	-1.13	-1.19
Total Common Equity	10,845	10,419	9,759	9,150	8,661	8,300
Minority Interest	156.53	151.35	151.02	161.31	-85.52	-18.43
Shareholders' Equity	11,002	10,570	9,910	9,311	8,575	8,282
Total Liabilities & Equity	19,325	19,067	18,604	17,815	16,766	16,354
Total Debt	683.46	947.79	2,162	2,479	3,310	3,167
Net Cash (Debt)	2,206	3,721	2,186	688.46	-1,250	-861.69
Net Cash Growth	171.65%	70.26%	217.45%	-	-	-
Net Cash Per Share	2.08	3.51	2.06	0.65	-1.18	-0.81
Filing Date Shares Outstanding	1,059	1,059	1,060	1,060	1,060	1,060
Total Common Shares Outstanding	1,059	1,059	1,060	1,060	1,060	1,060
Working Capital	2,500	2,263	1,238	2,433	1,227	-214.72
Book Value Per Share	10.24	9.83	9.20	8.63	8.17	7.83
Tangible Book Value	7,627	7,201	6,538	5,925	6,075	5,712
Tangible Book Value Per Share	7.20	6.80	6.17	5.59	5.73	5.39
Buildings	-	687.92	687.92	687.92	597.81	597.81
Machinery	-	341.88	349.37	349.96	223.48	217.02
Construction In Progress	-	-	-	-	5.34	-

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