SHE:002034 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	701.32	675.73	410.53	874.13	1,019	1,764
Trading Asset Securities	-	-	10	10	-	-
Cash & Short-Term Investments	701.32	675.73	420.53	884.13	1,019	1,764
Cash Growth	-0.41%	60.69%	-52.44%	-13.21%	-42.25%	109.13%
Accounts Receivable	1,619	1,559	1,423	1,124	924.35	665.34
Other Receivables	135.26	73.98	77.21	166.55	75.31	66.53
Receivables	1,754	1,633	1,500	1,290	999.67	731.88
Inventory	57.49	78.66	115.05	169.05	19.52	10.33
Prepaid Expenses	-	0.34	0.38	0.28	0.44	0.18
Other Current Assets	51.95	50.52	55.9	56.6	61.1	69.71
Total Current Assets	2,565	2,438	2,092	2,400	2,099	2,576
Property, Plant & Equipment	5,778	5,965	6,065	5,847	4,735	4,743
Long-Term Investments	44.57	53.74	40.4	37.41	28.99	1.93
Goodwill	-	-	-	14.62	-	-
Other Intangible Assets	5,671	5,834	6,156	6,111	5,734	4,586
Long-Term Accounts Receivable	-	-	-	2.25	-	-
Long-Term Deferred Tax Assets	52.09	51.29	48.96	28.41	28.79	17.37
Long-Term Deferred Charges	31.1	29.43	2.66	2.94	3.05	3.53
Other Long-Term Assets	115.32	108.63	107.85	44	65.68	78.6
Total Assets	14,257	14,480	14,513	14,488	12,695	12,007
Accounts Payable	908.44	1,066	1,248	1,427	1,256	1,073
Accrued Expenses	91.03	185.72	163.92	151.73	117.18	56.03
Short-Term Debt	412.25	275.24	177.17	160.19	30.04	80.08
Current Portion of Long-Term Debt	555.88	562.15	518.86	432.69	366.95	310.79
Current Portion of Leases	-	26.87	27.61	36.08	46.82	-
Current Income Taxes Payable	140.96	83.5	68.54	44.89	48.43	35.93
Current Unearned Revenue	42.14	41.54	24.83	11.51	26.92	52.38
Other Current Liabilities	108.27	119.07	97.41	113.23	89.34	146.52
Total Current Liabilities	2,259	2,360	2,326	2,377	1,982	1,755
Long-Term Debt	4,272	4,834	5,120	5,241	4,670	4,813
Long-Term Leases	12.08	27.8	54.75	83.86	120.22	-
Long-Term Unearned Revenue	155.44	160.26	144.74	154.52	135.18	141.66
Long-Term Deferred Tax Liabilities	19.18	18.6	19.03	24.28	10.3	10.96
Other Long-Term Liabilities	330.01	312.64	318.08	341.88	349.36	499.24
Total Liabilities	7,048	7,714	7,983	8,222	7,267	7,220
Common Stock	433.98	426.21	429.5	429.5	429.49	421.37
Additional Paid-In Capital	2,896	2,782	2,846	2,779	2,710	2,534
Retained Earnings	3,765	3,343	2,997	2,701	2,117	1,658
Treasury Stock	-151.63	-24.75	-	-	-12.65	-25.31
Comprehensive Income & Other	141.64	156.46	162.73	158.12	156.13	172.08
Total Common Equity	7,085	6,682	6,435	6,068	5,400	4,760
Minority Interest	124.54	84.36	95.12	197.93	27.79	27.05
Shareholders' Equity	7,210	6,767	6,530	6,265	5,428	4,787
Total Liabilities & Equity	14,257	14,480	14,513	14,488	12,695	12,007
Total Debt	5,252	5,726	5,899	5,954	5,234	5,204
Net Cash (Debt)	-4,551	-5,051	-5,478	-5,069	-4,215	-3,440
Net Cash Per Share	-8.85	-9.77	-11.73	-10.73	-8.75	-8.23
Filing Date Shares Outstanding	424.52	425.81	429.5	429.5	429.49	421.37
Total Common Shares Outstanding	424.52	424.64	429.5	429.5	429.49	421.37
Working Capital	306.26	77.81	-233.98	23.28	117.42	821.41
Book Value Per Share	16.69	15.74	14.98	14.13	12.57	11.30
Tangible Book Value	1,415	848.43	278.37	-58.28	-333.56	173.57
Tangible Book Value Per Share	3.33	2.00	0.65	-0.14	-0.78	0.41
Buildings	-	3,905	3,610	3,085	2,519	-
Machinery	-	3,912	3,663	150.3	2,649	-
Construction In Progress	-	194.97	529.39	795.79	547.91	-

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