SHE:002267 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	740.65	1,097	819.5	1,046	1,151	1,173
Short-Term Investments	-	-	-	-	-	5.4
Cash & Short-Term Investments	742.34	1,097	819.5	1,046	1,151	1,179
Cash Growth	-16.61%	33.89%	-21.64%	-9.10%	-2.40%	28.39%
Accounts Receivable	94.19	112.52	158.78	268.68	393.66	592.77
Other Receivables	21.85	16.19	16.82	12.55	27.81	15.22
Receivables	116.04	128.72	175.61	281.24	421.47	608
Inventory	294.52	308.41	284.11	188.47	216.86	201.38
Prepaid Expenses	-	5.93	6.09	14.58	1.25	0.29
Other Current Assets	133.72	308.01	299.72	363.14	228.08	260.45
Total Current Assets	1,287	1,848	1,585	1,893	2,018	2,249
Property, Plant & Equipment	11,076	11,232	10,914	9,612	9,542	9,300
Long-Term Investments	560.59	601.22	596.49	479.59	452.15	718.07
Goodwill	121.31	117.42	124.45	144.92	151.72	166.87
Other Intangible Assets	723.33	699.83	669.76	623.01	622.31	573.08
Long-Term Deferred Tax Assets	46.26	47.2	43.57	40.76	41.99	42.84
Long-Term Deferred Charges	12.27	14.11	17.74	135.55	97.63	4.83
Other Long-Term Assets	138.11	88.22	110.77	98.51	67.41	264.3
Total Assets	13,964	14,649	14,061	13,027	12,993	13,319
Accounts Payable	1,403	1,256	1,237	1,767	1,777	2,081
Accrued Expenses	262.47	286.82	249.97	234.75	201.74	209.56
Short-Term Debt	515.71	1,017	1,022	1,264	613.52	1,141
Current Portion of Long-Term Debt	853.05	713.59	1,055	949.32	340.37	795.64
Current Portion of Leases	-	9.55	10.35	0.51	2.96	-
Current Income Taxes Payable	18.37	23.55	25.48	29.61	13.48	17.8
Current Unearned Revenue	856.61	1,205	1,177	762.37	715.33	683.43
Other Current Liabilities	582.08	976.93	230.43	256.5	608.55	260.72
Total Current Liabilities	4,491	5,489	5,008	5,264	4,272	5,189
Long-Term Debt	2,517	2,359	1,037	913.73	1,887	1,195
Long-Term Leases	5.02	5.58	14.97	6.72	1.72	332.35
Long-Term Unearned Revenue	55.35	57.3	55.25	237.46	186.82	193.2
Long-Term Deferred Tax Liabilities	4.41	2.47	2.64	2.58	2.67	1.42
Other Long-Term Liabilities	6.54	6.54	5.54	-	5.54	5.54
Total Liabilities	7,080	7,920	6,123	6,425	6,356	6,917
Common Stock	1,112	1,112	1,112	1,112	1,112	1,112
Additional Paid-In Capital	906.93	904.69	2,342	1,262	1,246	1,246
Retained Earnings	4,218	4,133	3,853	3,643	3,702	3,503
Comprehensive Income & Other	344.45	277.41	336.89	303.68	303.92	286.92
Total Common Equity	6,581	6,427	7,644	6,320	6,364	6,148
Minority Interest	303.13	301.94	293.93	282.16	273.27	254.59
Shareholders' Equity	6,884	6,729	7,938	6,603	6,637	6,403
Total Liabilities & Equity	13,964	14,649	14,061	13,027	12,993	13,319
Total Debt	3,891	4,105	3,140	3,135	2,846	3,464
Net Cash (Debt)	-3,148	-3,007	-2,321	-2,089	-1,695	-2,285
Net Cash Per Share	-2.83	-2.70	-2.09	-1.88	-1.52	-2.05
Filing Date Shares Outstanding	1,112	1,112	1,112	1,112	1,112	1,112
Total Common Shares Outstanding	1,112	1,112	1,112	1,112	1,112	1,112
Working Capital	-3,205	-3,641	-3,423	-3,371	-2,254	-2,940
Book Value Per Share	5.92	5.78	6.87	5.68	5.72	5.53
Tangible Book Value	5,736	5,610	6,850	5,552	5,590	5,408
Tangible Book Value Per Share	5.16	5.04	6.16	4.99	5.03	4.86
Buildings	-	1,688	1,531	1,391	1,278	1,037
Machinery	-	3,170	2,581	1,944	1,894	1,736
Construction In Progress	-	1,103	1,500	1,407	1,310	949.3

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