SHE:002046 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	1,012	1,018	723.76	658.15	607.24	726.46
Trading Asset Securities	158.37	140.27	106.94	88.69	120.56	104.96
Cash & Short-Term Investments	1,170	1,158	830.7	746.84	727.8	831.42
Cash Growth	112.17%	39.44%	11.23%	2.62%	-12.46%	7.26%
Accounts Receivable	2,259	1,387	1,031	1,130	1,058	963.3
Other Receivables	83.97	82.34	70.23	92.56	95.67	81.35
Receivables	2,343	1,469	1,101	1,223	1,154	1,045
Inventory	916.12	582.38	525.27	561.01	530.04	495.39
Prepaid Expenses	-	8.77	10.81	20.05	8.39	5.52
Other Current Assets	148.25	67.77	97.53	278.89	196.98	116.04
Total Current Assets	4,577	3,287	2,566	2,830	2,617	2,493
Property, Plant & Equipment	2,237	2,033	1,798	1,573	1,428	1,306
Long-Term Investments	211.7	212.87	160.7	178.35	191.2	222.49
Goodwill	16.46	16.46	16.46	16.46	16.46	33.85
Other Intangible Assets	210.78	217.97	221.56	377.2	401.08	400.04
Long-Term Deferred Tax Assets	126.51	106.29	80.12	70.33	58.73	53.46
Long-Term Deferred Charges	49.09	46.13	46.57	49.55	42.88	54.19
Other Long-Term Assets	347.51	273.33	277.27	157.28	170.35	173.55
Total Assets	7,777	6,192	5,166	5,252	4,926	4,737
Accounts Payable	996.05	728.44	652.85	654.56	529.49	504.06
Accrued Expenses	12.18	73.01	51.24	65.83	78.24	79.93
Short-Term Debt	120.26	165.25	288.68	232.82	345.36	480.4
Current Portion of Long-Term Debt	-	111.9	2.66	450.59	0.55	-
Current Portion of Leases	-	7.72	10.41	7.96	6.16	-
Current Income Taxes Payable	34.67	33.19	14.61	7.84	15.03	21.81
Current Unearned Revenue	75.74	44.66	51.97	165.79	169.5	93.86
Other Current Liabilities	243.51	597.63	92.86	146.03	72.24	99.97
Total Current Liabilities	1,482	1,762	1,165	1,731	1,217	1,280
Long-Term Debt	470.17	436.44	437.67	100	450	300
Long-Term Leases	18.17	9.49	23.59	30.89	29.15	-
Long-Term Unearned Revenue	128.53	142.16	91.38	122.81	139.44	106.77
Pension & Post-Retirement Benefits	1.75	1.98	2.47	2.8	3.18	3.57
Long-Term Deferred Tax Liabilities	50.99	45.44	34.68	34.54	22.03	22.62
Other Long-Term Liabilities	39.97	39.97	36.36	36.53	50.32	106.46
Total Liabilities	2,192	2,437	1,791	2,059	1,911	1,819
Common Stock	536.27	528.96	529.13	529.13	524.35	524.35
Additional Paid-In Capital	2,342	1,610	1,608	1,602	1,545	1,537
Retained Earnings	1,377	1,283	1,109	944.17	762.57	658.2
Treasury Stock	-11.54	-25.2	-39.97	-40.82	-	-
Comprehensive Income & Other	84.64	81.36	64.54	61.07	52.74	53.95
Total Common Equity	4,328	3,478	3,271	3,096	2,885	2,774
Minority Interest	1,257	276.89	104.01	97.41	130.29	143.68
Shareholders' Equity	5,585	3,755	3,375	3,193	3,015	2,917
Total Liabilities & Equity	7,777	6,192	5,166	5,252	4,926	4,737
Total Debt	608.6	730.8	763.01	822.26	831.23	780.4
Net Cash (Debt)	561.5	427.53	67.68	-75.43	-103.43	51.02
Net Cash Growth	-	531.65%	-	-	-	-
Net Cash Per Share	1.06	0.81	0.13	-0.14	-0.20	0.10
Filing Date Shares Outstanding	536.27	536.27	529.13	529.13	524.35	524.35
Total Common Shares Outstanding	536.27	528.96	529.13	529.13	524.35	524.35
Working Capital	3,095	1,525	1,400	1,098	1,400	1,213
Book Value Per Share	8.07	6.58	6.18	5.85	5.50	5.29
Tangible Book Value	4,101	3,244	3,033	2,702	2,467	2,340
Tangible Book Value Per Share	7.65	6.13	5.73	5.11	4.71	4.46
Buildings	-	732.68	805.08	714.25	693.82	-
Machinery	-	1,750	1,468	1,371	1,184	-
Construction In Progress	-	629.66	436.58	293.22	259.04	-

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