SHE:002048 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	1,913	2,831	3,221	3,196	3,853	3,276
Short-Term Investments	-	-	917.3	631.43	250	-
Trading Asset Securities	-	5.71	252.88	-	-	-
Cash & Short-Term Investments	1,913	2,837	4,391	3,828	4,103	3,276
Cash Growth	-22.96%	-35.39%	14.71%	-6.72%	25.24%	78.87%
Accounts Receivable	9,047	9,374	7,956	6,508	5,243	4,428
Other Receivables	35.93	78.34	117.45	62.85	66.8	100.29
Receivables	9,083	9,452	8,073	6,571	5,310	4,528
Inventory	2,466	3,068	2,965	2,562	2,225	2,128
Other Current Assets	596.37	627.75	535.32	458.8	370.31	410.74
Total Current Assets	14,058	15,985	15,964	13,419	12,008	10,343
Property, Plant & Equipment	6,134	7,361	6,028	4,818	4,336	3,770
Long-Term Investments	2,710	2,515	2,570	2,510	3,314	3,003
Goodwill	939.83	943.44	749.25	835.68	933.75	932.2
Other Intangible Assets	555.46	566.1	554.4	438.37	470.65	428.47
Long-Term Accounts Receivable	239.35	208.71	1.71	-	-	-
Long-Term Deferred Tax Assets	564.35	570.89	426.26	338.07	304.73	201.26
Long-Term Deferred Charges	621.63	763.42	786.65	635.91	422.9	371.7
Other Long-Term Assets	251.79	243.33	160.09	56.04	58.26	54.64
Total Assets	26,075	29,156	27,240	23,051	21,849	19,105
Accounts Payable	8,988	9,813	8,617	6,939	5,439	4,678
Accrued Expenses	510.84	842.06	677.77	627.65	621.62	580.77
Short-Term Debt	724.36	1,364	1,131	735.09	1,473	539.01
Current Portion of Long-Term Debt	134.32	32.64	41.66	-	-	-
Current Portion of Leases	-	199.16	154.46	125.12	83.4	-
Current Income Taxes Payable	280.93	136.97	111.39	87.7	61.08	123.23
Current Unearned Revenue	389.18	363.97	274.85	181.34	171.39	114.08
Other Current Liabilities	887.78	1,387	405.28	162.57	127.85	186.31
Total Current Liabilities	11,916	14,140	11,414	8,859	7,978	6,222
Long-Term Debt	126	44.73	66.2	56.75	-	39.41
Long-Term Leases	433.13	775.14	458.56	305.88	429.53	15.7
Long-Term Unearned Revenue	123.62	133.06	122.49	80.99	84.08	85.57
Pension & Post-Retirement Benefits	-	117.93	122.06	105.53	146.59	176.26
Long-Term Deferred Tax Liabilities	494.43	467.22	432.86	333.74	507.68	420.57
Other Long-Term Liabilities	388.39	544.42	772.63	620.59	498.77	441.96
Total Liabilities	13,481	16,222	13,388	10,362	9,645	7,401
Common Stock	813.83	814.1	814.1	814.1	814.1	626.23
Additional Paid-In Capital	2,726	2,796	3,912	3,979	4,003	2,643
Retained Earnings	6,771	7,064	6,625	5,778	4,977	6,035
Treasury Stock	-14.67	-5.03	-5.03	-5.03	-	-
Comprehensive Income & Other	948.32	825.76	862.56	536.54	1,063	1,025
Total Common Equity	11,245	11,494	12,209	11,102	10,857	10,330
Minority Interest	1,348	1,440	1,642	1,586	1,347	1,374
Shareholders' Equity	12,594	12,934	13,852	12,688	12,204	11,704
Total Liabilities & Equity	26,075	29,156	27,240	23,051	21,849	19,105
Total Debt	1,418	2,416	1,852	1,223	1,986	594.12
Net Cash (Debt)	494.99	420.82	2,539	2,605	2,117	2,682
Net Cash Growth	-20.92%	-83.42%	-2.54%	23.04%	-21.07%	166.25%
Net Cash Per Share	0.61	0.52	3.13	3.20	3.38	4.29
Filing Date Shares Outstanding	812.74	814.64	800.11	1,324	814.1	626.23
Total Common Shares Outstanding	812.74	814.64	800.11	1,324	814.1	626.23
Working Capital	2,143	1,845	4,551	4,560	4,030	4,121
Book Value Per Share	13.84	14.11	15.26	8.38	13.34	16.49
Tangible Book Value	9,750	9,985	10,905	9,828	9,453	8,969
Tangible Book Value Per Share	12.00	12.26	13.63	7.42	11.61	14.32
Land	-	11.46	11.46	9.6	9.6	9.6
Buildings	-	2,959	2,643	2,214	2,169	2,064
Machinery	-	8,956	7,754	6,255	5,715	5,345
Construction In Progress	-	1,705	1,345	796.98	466.91	418.22

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