SHE:002238 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	886.38	1,086	988.59	1,130	871.52	1,072
Trading Asset Securities	46	-	21.43	-	50	50
Cash & Short-Term Investments	932.38	1,086	1,010	1,130	921.52	1,122
Cash Growth	-17.43%	7.48%	-10.62%	22.62%	-17.89%	-24.20%
Accounts Receivable	280.42	253.16	386.09	370.25	322.12	239.46
Other Receivables	23.31	19.54	16.13	14.56	15.16	20.01
Receivables	303.73	272.7	402.22	384.81	337.28	259.47
Inventory	84.59	43.24	29.29	27.42	40.34	61.36
Prepaid Expenses	-	5.87	0.1	0.09	0.01	0.08
Other Current Assets	115.74	46.97	79.97	26.31	22.39	40.79
Total Current Assets	1,436	1,454	1,522	1,569	1,322	1,484
Property, Plant & Equipment	1,427	1,530	1,678	1,370	1,227	1,218
Long-Term Investments	290.39	290.17	375.26	384.58	441.88	493.92
Other Intangible Assets	272.47	286.16	302.77	301.97	309.58	316.43
Long-Term Deferred Tax Assets	3.76	2.89	24.39	13.54	0.56	0.15
Long-Term Deferred Charges	137	151.35	158.24	152.83	152.42	177.97
Other Long-Term Assets	435.47	459.08	293.95	257.2	257.55	205.86
Total Assets	4,003	4,174	4,355	4,049	3,710	3,896
Accounts Payable	502.06	569.86	636.45	624.4	484.3	435.86
Accrued Expenses	23.84	83.49	124.56	119.86	112.98	132.89
Short-Term Debt	431.43	377.73	262.62	204.98	-	200.25
Current Portion of Long-Term Debt	-	-	0.07	-	-	100.12
Current Portion of Leases	19.26	23.15	25.78	28.63	27.06	-
Current Income Taxes Payable	11.03	1.98	1.24	0.51	0.46	0.97
Current Unearned Revenue	398.45	385.69	388.29	369.01	401.28	430.99
Other Current Liabilities	287.99	235.06	230.84	213.16	215.69	215.84
Total Current Liabilities	1,674	1,677	1,670	1,561	1,242	1,517
Long-Term Debt	-	-	149.96	-	-	-
Long-Term Leases	19.26	24.76	33.72	34.25	38	-
Long-Term Unearned Revenue	130.35	151.93	81.75	73.13	82.98	91.92
Long-Term Deferred Tax Liabilities	-	-	11.33	12.13	-	-
Other Long-Term Liabilities	2.36	2.47	0.81	-	-	-
Total Liabilities	1,826	1,856	1,947	1,680	1,363	1,609
Common Stock	802.56	802.56	802.56	802.56	802.56	802.56
Additional Paid-In Capital	0.73	36.91	36.91	36.91	36.91	36.91
Retained Earnings	1,320	1,426	1,509	1,465	1,434	1,373
Total Common Equity	2,123	2,266	2,349	2,304	2,274	2,212
Minority Interest	53.71	52.43	58.27	64.83	73.69	75.07
Shareholders' Equity	2,177	2,318	2,407	2,369	2,348	2,287
Total Liabilities & Equity	4,003	4,174	4,355	4,049	3,710	3,896
Total Debt	469.96	425.63	472.14	267.86	65.07	300.37
Net Cash (Debt)	462.43	659.91	537.87	862.14	856.45	821.93
Net Cash Growth	-38.48%	22.69%	-37.61%	0.66%	4.20%	-44.49%
Net Cash Per Share	0.58	0.82	0.69	1.10	1.09	1.04
Filing Date Shares Outstanding	802.56	802.56	802.56	802.56	802.56	802.56
Total Common Shares Outstanding	802.56	802.56	802.56	802.56	802.56	802.56
Working Capital	-237.63	-222.63	-148.25	8.09	79.77	-32.9
Book Value Per Share	2.65	2.82	2.93	2.87	2.83	2.76
Tangible Book Value	1,850	1,980	2,046	2,002	1,964	1,896
Tangible Book Value Per Share	2.31	2.47	2.55	2.49	2.45	2.36
Buildings	-	410.34	413.85	357.77	357.2	333.53
Machinery	-	1,521	1,244	1,183	1,139	1,128
Construction In Progress	-	72.48	390.58	279.23	140.17	205.64

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