SHE:002226 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	2,280	1,931	1,941	2,391	1,883	1,669
Short-Term Investments	-	-	-	-	-	0.02
Trading Asset Securities	376.92	359.94	285.8	343.37	291.18	195.92
Cash & Short-Term Investments	2,657	2,291	2,226	2,735	2,174	1,865
Cash Growth	20.26%	2.89%	-18.59%	25.77%	16.59%	47.72%
Accounts Receivable	5,268	4,827	4,100	3,433	3,153	2,494
Other Receivables	343.74	338.97	252.04	246.21	256.84	234.34
Receivables	5,612	5,166	4,352	3,679	3,410	2,729
Inventory	968.24	813.32	586.87	530.12	393.57	335.86
Prepaid Expenses	-	3.16	2.46	4.4	6.23	3.18
Other Current Assets	654.81	631.75	435.56	489.45	649.1	392.21
Total Current Assets	9,892	8,905	7,603	7,437	6,633	5,325
Property, Plant & Equipment	7,233	7,230	6,869	6,896	6,558	6,997
Long-Term Investments	140.88	137.25	106.17	142.33	189.61	182.57
Goodwill	1,125	1,005	689.39	718.86	730.79	812.03
Other Intangible Assets	1,036	921.37	699.65	734.99	715.58	725.59
Long-Term Accounts Receivable	-	-	-	-	-	9.98
Long-Term Deferred Tax Assets	118.16	113.59	102.18	100.13	103.74	100.02
Long-Term Deferred Charges	163.82	155.53	156.91	128.84	81.97	82.72
Other Long-Term Assets	373.04	311	523.36	428.57	272.09	194.06
Total Assets	20,082	18,778	16,749	16,587	15,285	14,429
Accounts Payable	1,846	1,488	1,253	1,139	688.84	812.72
Accrued Expenses	190.36	275.1	290.09	292.01	211.92	190.24
Short-Term Debt	637.22	1,155	506.7	469.29	503.67	268.04
Current Portion of Long-Term Debt	399.29	860.6	1,519	352.5	121.6	430.54
Current Portion of Leases	-	13.86	10.03	94.47	110.63	-
Current Income Taxes Payable	157.43	91.33	76.15	72.19	68.48	82.29
Current Unearned Revenue	143.65	206.19	147.2	75.59	97.09	51.54
Other Current Liabilities	470.96	565.34	381.51	548.12	334.16	671.95
Total Current Liabilities	3,845	4,655	4,184	3,043	2,136	2,507
Long-Term Debt	3,904	2,917	2,506	2,965	3,090	2,730
Long-Term Leases	43.21	44.53	24.48	242.92	321.86	535.4
Long-Term Unearned Revenue	128.37	109	112.84	119.16	110.97	120.43
Long-Term Deferred Tax Liabilities	88.9	85.94	48.01	46.78	58.06	44
Other Long-Term Liabilities	8.66	18.87	7.33	33.31	22.66	24.13
Total Liabilities	8,019	7,830	6,883	6,450	5,740	5,962
Common Stock	2,649	2,649	2,649	2,649	2,649	1,249
Additional Paid-In Capital	1,954	1,844	1,828	2,795	2,564	3,987
Retained Earnings	5,514	4,877	4,170	3,557	3,214	2,247
Comprehensive Income & Other	137.39	92.13	68.2	45.51	115.9	80.45
Total Common Equity	10,254	9,462	8,715	9,046	8,542	7,564
Minority Interest	1,810	1,486	1,151	1,091	1,003	903.51
Shareholders' Equity	12,064	10,948	9,866	10,137	9,545	8,467
Total Liabilities & Equity	20,082	18,778	16,749	16,587	15,285	14,429
Total Debt	4,984	4,991	4,567	4,124	4,147	3,964
Net Cash (Debt)	-2,327	-2,700	-2,340	-1,389	-1,973	-2,099
Net Cash Per Share	-0.88	-1.02	-0.88	-0.52	-0.74	-0.79
Filing Date Shares Outstanding	2,649	2,649	2,649	2,649	2,649	1,749
Total Common Shares Outstanding	2,649	2,649	2,649	2,649	2,649	1,749
Working Capital	6,047	4,250	3,419	4,394	4,497	2,818
Book Value Per Share	3.87	3.57	3.29	3.42	3.22	4.33
Tangible Book Value	8,093	7,536	7,326	7,592	7,096	6,026
Tangible Book Value Per Share	3.06	2.84	2.77	2.87	2.68	3.45
Buildings	-	2,770	2,452	2,239	1,949	1,910
Machinery	-	9,249	8,544	8,261	7,452	7,337
Construction In Progress	-	341.01	241.71	228.74	234.97	489.02

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