SHE:002156 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	5,641	4,232	4,468	4,242	4,181	4,121
Trading Asset Securities	-	-	3.61	136.99	-	1,130
Cash & Short-Term Investments	5,641	4,232	4,471	4,379	4,181	5,251
Cash Growth	8.77%	-5.36%	2.11%	4.74%	-20.39%	136.05%
Accounts Receivable	4,513	5,854	4,028	4,740	2,391	1,874
Other Receivables	106.56	442.79	442.59	93.12	4.67	5.82
Receivables	4,619	6,297	4,471	4,833	2,395	1,879
Inventory	4,171	3,347	3,142	3,477	2,112	1,449
Prepaid Expenses	-	0.02	0.03	0.02	0.01	0.71
Other Current Assets	681.57	129.48	99.66	445.04	457.29	290.1
Total Current Assets	15,113	14,005	12,184	13,133	9,145	8,871
Property, Plant & Equipment	25,603	21,727	19,476	19,535	15,645	10,300
Long-Term Investments	2,073	1,048	522.47	483.19	228.33	179.65
Goodwill	1,181	1,151	1,117	1,095	964.39	1,006
Other Intangible Assets	550.26	344.81	327.05	359.26	318.35	352.26
Long-Term Deferred Tax Assets	301.45	332.64	432.78	521.69	366.9	270.36
Long-Term Deferred Charges	342.27	355.53	296.26	13.4	7.13	21.2
Other Long-Term Assets	309.76	375.36	522.01	494.62	425.31	231.08
Total Assets	45,474	39,340	34,878	35,635	27,101	21,231
Accounts Payable	6,351	5,699	3,815	6,032	4,068	2,563
Accrued Expenses	231.05	608.4	477.28	536.76	531.14	271.7
Short-Term Debt	2,924	3,543	3,860	4,249	3,636	3,564
Current Portion of Long-Term Debt	4,898	4,087	3,966	1,615	1,248	503.4
Current Portion of Leases	-	24.43	5.7	80.05	109.84	98.71
Current Income Taxes Payable	97.09	13.56	5.1	5.03	4.6	4.41
Current Unearned Revenue	67.14	103.22	275.48	567.5	412.17	47.1
Other Current Liabilities	1,974	1,246	582.62	661.8	249.18	169.67
Total Current Liabilities	16,542	15,324	12,987	13,748	10,258	7,221
Long-Term Debt	11,017	7,371	6,003	6,026	4,207	2,449
Long-Term Leases	-	-	-	-	79.79	138.34
Long-Term Unearned Revenue	518.45	590.41	565.56	400.82	388.07	290.89
Long-Term Deferred Tax Liabilities	488.08	343.51	196.58	262.88	166.57	87.22
Other Long-Term Liabilities	100.06	-	431.98	638.36	978.92	1,029
Total Liabilities	28,665	23,629	20,184	21,076	16,079	11,216
Common Stock	1,518	1,518	1,517	1,513	1,329	1,329
Additional Paid-In Capital	9,460	9,463	9,437	9,371	6,849	6,823
Retained Earnings	4,141	3,597	2,937	2,915	2,415	1,480
Treasury Stock	-	-	-21.3	-35.65	-50	-50
Comprehensive Income & Other	61.47	113.43	46.89	68.73	-101.19	-3.92
Total Common Equity	15,180	14,691	13,917	13,832	10,442	9,579
Minority Interest	1,628	1,020	776.7	727.85	580.41	436.37
Shareholders' Equity	16,808	15,711	14,694	14,559	11,022	10,015
Total Liabilities & Equity	45,474	39,340	34,878	35,635	27,101	21,231
Total Debt	18,839	15,025	13,834	11,970	9,280	6,753
Net Cash (Debt)	-13,198	-10,793	-9,363	-7,591	-5,100	-1,502
Net Cash Per Share	-8.76	-7.17	-6.08	-5.60	-3.84	-1.27
Filing Date Shares Outstanding	1,518	1,518	1,514	1,507	1,323	1,323
Total Common Shares Outstanding	1,518	1,518	1,514	1,507	1,323	1,323
Working Capital	-1,430	-1,319	-803	-614.63	-1,113	1,649
Book Value Per Share	10.00	9.68	9.19	9.18	7.89	7.24
Tangible Book Value	13,449	13,195	12,473	12,377	9,159	8,220
Tangible Book Value Per Share	8.86	8.69	8.24	8.21	6.92	6.21
Buildings	-	4,500	3,428	3,406	2,794	2,039
Machinery	-	31,153	27,038	22,992	18,665	14,010
Construction In Progress	-	3,679	3,542	4,370	2,420	1,263

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