SHE:002146 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	2,166	2,807	5,231	9,204	19,699	31,597
Trading Asset Securities	-	17	149.71	199.34	326.23	-
Cash & Short-Term Investments	2,166	2,824	5,381	9,404	20,025	31,597
Cash Growth	-34.76%	-47.52%	-42.78%	-53.04%	-36.62%	4.09%
Accounts Receivable	4,195	4,087	5,143	5,229	6,491	5,410
Other Receivables	16,268	22,129	31,534	35,757	36,236	32,794
Receivables	20,463	26,216	36,677	40,987	42,727	38,204
Inventory	95,028	110,727	135,886	168,211	192,556	187,562
Other Current Assets	8,372	4,088	5,942	8,258	9,470	9,347
Total Current Assets	126,029	143,854	183,885	226,859	264,778	266,710
Property, Plant & Equipment	4,759	5,480	7,353	8,295	9,690	7,341
Long-Term Investments	6,387	4,146	8,222	8,404	11,824	9,818
Goodwill	156.81	153.41	155.55	153.45	157.45	157.45
Other Intangible Assets	1,222	1,282	1,459	1,538	1,696	1,285
Long-Term Deferred Tax Assets	2,881	2,851	2,724	2,210	2,864	1,823
Long-Term Deferred Charges	232.97	248.46	276.41	386.57	419.39	282.99
Other Long-Term Assets	1,585	3,747	1,782	1,805	1,347	1,194
Total Assets	143,253	161,762	205,857	249,651	292,775	288,611
Accounts Payable	26,044	27,061	28,791	28,028	31,980	33,513
Accrued Expenses	6,900	8,770	6,642	4,966	5,044	6,193
Short-Term Debt	76.55	94.03	69.62	1,850	813.03	5,550
Current Portion of Long-Term Debt	26,653	25,763	16,923	24,046	24,599	20,164
Current Portion of Leases	-	1,474	373.95	665.99	622.63	-
Current Income Taxes Payable	6,519	3,177	4,666	2,513	1,852	2,768
Current Unearned Revenue	21,516	35,109	61,017	103,553	109,945	83,160
Other Current Liabilities	25,292	27,586	33,195	38,808	38,110	36,484
Total Current Liabilities	113,001	129,034	151,679	204,430	212,965	187,832
Long-Term Debt	14,094	13,531	24,152	16,634	30,079	47,385
Long-Term Leases	592.79	1,066	2,561	2,326	2,537	-
Long-Term Unearned Revenue	393.08	409.07	430.85	459.72	558.11	597.31
Long-Term Deferred Tax Liabilities	243.51	392.32	663.63	720.71	1,214	1,032
Other Long-Term Liabilities	3.73	3.73	3.73	3.73	3.73	3.73
Total Liabilities	128,327	144,436	179,489	224,575	247,357	236,850
Common Stock	4,348	4,348	4,348	4,348	4,348	4,348
Additional Paid-In Capital	4,453	4,422	4,410	4,517	4,325	4,482
Retained Earnings	3,111	6,209	14,653	14,268	30,766	37,244
Comprehensive Income & Other	-30.75	-124.06	179.75	157.09	403.35	264.77
Total Common Equity	11,882	14,855	23,591	23,291	39,843	46,340
Minority Interest	3,044	2,471	2,777	1,786	5,575	5,422
Shareholders' Equity	14,926	17,327	26,368	25,077	45,418	51,761
Total Liabilities & Equity	143,253	161,762	205,857	249,651	292,775	288,611
Total Debt	41,416	41,928	44,079	45,522	58,651	73,099
Net Cash (Debt)	-39,251	-39,104	-38,698	-36,118	-38,626	-41,503
Net Cash Per Share	-8.95	-8.98	-9.05	-8.31	-8.89	-9.57
Filing Date Shares Outstanding	4,348	4,348	4,348	4,348	4,348	4,348
Total Common Shares Outstanding	4,348	4,348	4,348	4,348	4,348	4,348
Working Capital	13,028	14,821	32,207	22,428	51,812	78,879
Book Value Per Share	2.73	3.42	5.43	5.36	9.16	10.66
Tangible Book Value	10,503	13,420	21,976	21,599	37,989	44,897
Tangible Book Value Per Share	2.42	3.09	5.05	4.97	8.74	10.33
Buildings	-	6,105	6,928	7,091	7,620	7,629
Machinery	-	817.35	901.78	726.69	959.79	927.94
Construction In Progress	-	366.54	702.58	700.46	698.9	560.99

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