SHE:002277 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	149.13	224.77	367.43	356.69	478.86	1,155	Upgrade
Trading Asset Securities	-	-	-	-	-	60	Upgrade
Cash & Short-Term Investments	149.13	224.77	367.43	356.69	478.86	1,215	Upgrade
Cash Growth	-25.12%	-38.83%	3.01%	-25.51%	-60.60%	24.61%	Upgrade
Accounts Receivable	15.62	5.93	31.76	20.14	117.35	187.61	Upgrade
Other Receivables	226.77	254.92	292.66	311.15	155.52	177.96	Upgrade
Receivables	242.39	319.35	385.43	397.28	339.37	397.07	Upgrade
Inventory	2,253	2,291	2,551	2,581	3,064	3,024	Upgrade
Prepaid Expenses	-	0.04	0.39	0.53	1.48	1.83	Upgrade
Other Current Assets	202.87	118.64	121.6	124.97	217.95	207.4	Upgrade
Total Current Assets	2,847	2,954	3,426	3,461	4,102	4,845	Upgrade
Property, Plant & Equipment	4,384	4,600	4,469	4,837	5,128	3,825	Upgrade
Long-Term Investments	4,084	3,920	3,546	3,240	2,898	2,731	Upgrade
Goodwill	-	-	-	-	-	26.63	Upgrade
Other Intangible Assets	266.48	275.43	285.97	296.18	307.2	319.99	Upgrade
Long-Term Deferred Tax Assets	362.32	378.56	342.94	393.12	44.89	51.43	Upgrade
Long-Term Deferred Charges	992.04	1,026	1,076	1,126	1,180	1,959	Upgrade
Other Long-Term Assets	1,633	1,641	1,587	1,600	1,659	2,378	Upgrade
Total Assets	14,754	15,012	14,902	15,184	15,563	16,364	Upgrade
Accounts Payable	596.08	700.01	734.24	842.09	937.23	863.29	Upgrade
Accrued Expenses	14.21	69.18	78.13	55.72	94.54	90.91	Upgrade
Short-Term Debt	2,547	2,549	2,483	2,084	2,030	2,703	Upgrade
Current Portion of Long-Term Debt	1,200	926.54	494.83	446.93	784.34	1,029	Upgrade
Current Portion of Leases	-	162.83	161.17	171.09	99.09	-	Upgrade
Current Income Taxes Payable	7.41	0.77	2.68	2.11	7.34	8.83	Upgrade
Current Unearned Revenue	495.78	548.14	639	547.35	585.91	603.97	Upgrade
Other Current Liabilities	439.13	408.18	359.52	449.17	485.05	679.52	Upgrade
Total Current Liabilities	5,300	5,365	4,953	4,598	5,024	5,979	Upgrade
Long-Term Debt	551	695.36	1,277	1,718	1,866	1,650	Upgrade
Long-Term Leases	1,621	1,567	1,377	1,533	1,596	174.53	Upgrade
Long-Term Unearned Revenue	1.76	1.88	2.04	1.15	1.19	1.25	Upgrade
Long-Term Deferred Tax Liabilities	324.57	340.84	304.97	353.66	-	-	Upgrade
Other Long-Term Liabilities	65.82	122.17	103.13	101.26	156.68	1,068	Upgrade
Total Liabilities	7,864	8,092	8,016	8,306	8,643	8,873	Upgrade
Common Stock	1,394	1,394	1,394	1,394	1,394	1,394	Upgrade
Additional Paid-In Capital	724.04	724.04	723.49	721.57	707.8	1,083	Upgrade
Retained Earnings	4,629	4,577	4,561	4,513	4,481	4,429	Upgrade
Comprehensive Income & Other	-24.36	40.3	1.13	10.79	3.31	-1.11	Upgrade
Total Common Equity	6,723	6,736	6,680	6,640	6,587	6,905	Upgrade
Minority Interest	166.58	184.27	205.43	238.31	333.52	585.36	Upgrade
Shareholders' Equity	6,889	6,920	6,885	6,878	6,920	7,491	Upgrade
Total Liabilities & Equity	14,754	15,012	14,902	15,184	15,563	16,364	Upgrade
Total Debt	5,919	5,901	5,793	5,953	6,375	5,557	Upgrade
Net Cash (Debt)	-5,770	-5,676	-5,425	-5,597	-5,896	-4,341	Upgrade
Net Cash Per Share	-4.12	-4.05	-3.91	-4.06	-4.24	-3.12	Upgrade
Filing Date Shares Outstanding	1,394	1,394	1,394	1,394	1,394	1,394	Upgrade
Total Common Shares Outstanding	1,394	1,394	1,394	1,394	1,394	1,394	Upgrade
Working Capital	-2,453	-2,411	-1,527	-1,138	-921.59	-1,134	Upgrade
Book Value Per Share	4.82	4.83	4.79	4.76	4.72	4.95	Upgrade
Tangible Book Value	6,456	6,461	6,394	6,343	6,279	6,559	Upgrade
Tangible Book Value Per Share	4.63	4.63	4.59	4.55	4.50	4.70	Upgrade
Buildings	-	3,754	3,624	3,441	3,470	3,462	Upgrade
Machinery	-	741.96	742.87	1,593	720.67	658.45	Upgrade
Construction In Progress	-	-	0.52	182.84	182.54	318.98	Upgrade

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