SHE:002008 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	6,343	8,237	10,756	9,616	5,995	4,907
Short-Term Investments	-	15.01	-	-	-	-
Cash & Short-Term Investments	6,343	8,252	10,756	9,616	5,995	4,907
Cash Growth	-13.10%	-23.28%	11.86%	60.40%	22.18%	39.11%
Accounts Receivable	12,056	10,147	9,089	9,080	7,551	5,083
Other Receivables	221.53	203.64	114.82	115.73	103.64	930.81
Receivables	12,278	10,351	9,204	9,195	7,655	6,014
Inventory	5,610	3,961	4,393	4,577	5,015	3,682
Prepaid Expenses	-	11.45	14.87	10.9	17.27	5.68
Other Current Assets	528.67	444.73	294.29	250.68	232.09	200.93
Total Current Assets	24,759	23,020	24,663	23,650	18,914	14,809
Property, Plant & Equipment	6,593	6,408	5,122	4,090	3,870	3,188
Long-Term Investments	2,055	1,612	964.17	1,006	1,453	710.58
Goodwill	200.89	195.05	316.26	207.64	238.21	241.25
Other Intangible Assets	1,655	1,621	1,687	1,307	1,163	1,110
Long-Term Accounts Receivable	404.72	13.96	178.15	34.74	-	-
Long-Term Deferred Tax Assets	703.48	676.99	634.53	580.16	473.81	389.06
Long-Term Deferred Charges	226.79	301.35	239.16	345.96	287.42	303.62
Other Long-Term Assets	905.6	378.47	395.68	826.96	782.13	593.76
Total Assets	37,504	34,227	34,200	32,049	27,181	21,345
Accounts Payable	9,424	7,835	6,790	6,347	6,587	4,791
Accrued Expenses	1,247	1,448	1,523	1,634	1,632	1,348
Short-Term Debt	947.23	1,634	980.22	1,341	893.76	694.87
Current Portion of Long-Term Debt	240.29	240.34	3,697	25.44	850.29	0.98
Current Portion of Leases	-	72.06	86.58	101.77	108.37	-
Current Income Taxes Payable	286.97	43.24	21.59	147.61	248.06	76.06
Current Unearned Revenue	1,176	850.41	1,056	1,003	968.95	795.57
Other Current Liabilities	1,034	614.15	815.77	990.65	613.4	397.73
Total Current Liabilities	14,356	12,738	14,971	11,591	11,903	8,105
Long-Term Debt	3,937	3,237	2,123	4,175	2,683	2,875
Long-Term Leases	145.55	158.86	175.31	169.75	222.01	-
Long-Term Unearned Revenue	80.39	91.46	112.76	136.13	149.56	132.53
Long-Term Deferred Tax Liabilities	56.37	78.99	48.23	77.29	45.36	40.6
Other Long-Term Liabilities	442.19	425.42	390.12	387.35	121.6	93.07
Total Liabilities	19,017	16,730	17,820	16,536	15,124	11,246
Common Stock	1,030	1,052	1,052	1,052	1,067	1,067
Additional Paid-In Capital	3,118	3,488	2,926	2,733	1,038	978.56
Retained Earnings	12,892	12,388	10,903	10,293	9,315	7,528
Treasury Stock	-	-250.15	-	-	-490	-490
Comprehensive Income & Other	-68.74	-539.78	119.93	121.9	689.97	663.1
Total Common Equity	16,970	16,139	15,000	14,200	11,620	9,747
Minority Interest	1,517	1,359	1,380	1,312	436.6	352.09
Shareholders' Equity	18,487	17,498	16,380	15,512	12,056	10,099
Total Liabilities & Equity	37,504	34,227	34,200	32,049	27,181	21,345
Total Debt	5,270	5,343	7,062	5,813	4,757	3,571
Net Cash (Debt)	1,073	2,909	3,694	3,803	1,238	1,335
Net Cash Growth	-52.00%	-21.25%	-2.85%	207.28%	-7.34%	6788.18%
Net Cash Per Share	1.04	2.78	3.51	3.60	1.17	1.27
Filing Date Shares Outstanding	1,030	1,040	1,052	1,052	1,052	1,052
Total Common Shares Outstanding	1,030	1,040	1,052	1,052	1,052	1,052
Working Capital	10,403	10,283	9,692	12,058	7,011	6,704
Book Value Per Share	16.48	15.52	14.26	13.50	11.05	9.27
Tangible Book Value	15,114	14,322	12,997	12,685	10,219	8,396
Tangible Book Value Per Share	14.68	13.77	12.35	12.06	9.72	7.98
Buildings	-	4,383	3,952	3,286	3,323	1,132
Machinery	-	1,681	1,616	1,514	1,315	1,235
Construction In Progress	-	1,984	940.76	327.35	12.57	1,832

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