SHE:002275 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	1,078	1,050	1,058	1,266	1,478	1,362
Short-Term Investments	-	-	43.4	-	-	25.21
Trading Asset Securities	636.3	626.15	304.69	161.24	221.77	355.34
Cash & Short-Term Investments	1,714	1,676	1,406	1,427	1,699	1,742
Cash Growth	20.93%	19.17%	-1.45%	-16.03%	-2.47%	38.93%
Accounts Receivable	356.21	527.3	458.33	542.51	413.03	367.38
Other Receivables	132.33	118.06	4.39	57.58	9.1	13.59
Receivables	488.54	645.36	462.72	600.09	422.13	380.97
Inventory	230.93	208.29	255.96	244.9	284.15	194.37
Other Current Assets	73.48	35.18	71.17	25.06	48.4	62.1
Total Current Assets	2,507	2,565	2,196	2,297	2,454	2,380
Property, Plant & Equipment	1,096	1,111	1,155	1,227	1,313	1,300
Long-Term Investments	148.56	296.89	299.09	132.61	4.21	4.2
Goodwill	5.7	5.7	5.7	5.7	5.7	5.7
Other Intangible Assets	136.39	141.55	153.56	168.28	178.36	166.55
Long-Term Deferred Tax Assets	10.13	10.2	9.33	8.53	11.35	8.83
Long-Term Deferred Charges	97.33	102.44	117.04	125.76	128.8	16.79
Other Long-Term Assets	298.46	-	-	-	0.03	0.04
Total Assets	4,300	4,232	3,936	3,965	4,096	3,882
Accounts Payable	87.3	191.55	201.38	133.92	180.24	91.56
Accrued Expenses	14.36	184.85	160.61	160.45	123.86	101.77
Short-Term Debt	378.5	325.26	274.2	140.01	251.68	150.08
Current Portion of Long-Term Debt	84.66	103.3	104.54	107.57	33.04	6.31
Current Portion of Leases	-	14.72	14.72	11.81	9.52	9.81
Current Income Taxes Payable	50.99	38.63	25.95	71.79	38.13	27.17
Current Unearned Revenue	23.84	98.06	75.99	170.01	132.79	163.65
Other Current Liabilities	162.08	39.11	36.45	51.38	59.98	38.97
Total Current Liabilities	801.72	995.46	893.83	846.94	829.23	589.31
Long-Term Debt	144.58	121.5	73.92	128.03	226.93	233.35
Long-Term Leases	28.17	28.86	60.95	78.45	87.93	5.14
Long-Term Unearned Revenue	66.98	63.15	89.04	97.85	111.22	94.9
Long-Term Deferred Tax Liabilities	0.08	0.15	-	0.33	0.73	0.58
Other Long-Term Liabilities	13.32	13.32	1.34	-	-	-
Total Liabilities	1,055	1,222	1,119	1,152	1,256	923.27
Common Stock	587.57	587.57	587.57	587.57	590.2	590.2
Additional Paid-In Capital	672.09	672.09	669.24	638.76	685.78	690.25
Retained Earnings	1,961	1,781	1,583	1,573	1,767	1,884
Treasury Stock	-	-	-	-	-204	-204
Comprehensive Income & Other	24.49	-31.12	-22.72	14.13	0.64	-1.14
Shareholders' Equity	3,245	3,010	2,817	2,813	2,840	2,959
Total Liabilities & Equity	4,300	4,232	3,936	3,965	4,096	3,882
Total Debt	635.9	593.63	528.33	465.88	609.1	404.68
Net Cash (Debt)	1,078	1,082	877.86	961.07	1,090	1,338
Net Cash Growth	19.51%	23.27%	-8.66%	-11.86%	-18.50%	34.86%
Net Cash Per Share	1.86	1.85	1.50	1.63	1.90	2.32
Filing Date Shares Outstanding	587.57	587.57	587.57	587.57	575.27	575.27
Total Common Shares Outstanding	587.57	587.57	587.57	587.57	575.27	575.27
Working Capital	1,705	1,569	1,302	1,450	1,625	1,791
Book Value Per Share	5.52	5.12	4.79	4.79	4.94	5.14
Tangible Book Value	3,103	2,863	2,658	2,639	2,656	2,787
Tangible Book Value Per Share	5.28	4.87	4.52	4.49	4.62	4.84
Buildings	-	1,000	993.15	997.12	1,053	1,029
Machinery	-	773.59	775.06	76.86	76.54	563.54
Construction In Progress	-	69.54	21.24	61.66	105.26	299.65

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