SHE:002469 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	646.19	474.14	1,120	1,075	1,373	1,443
Short-Term Investments	242.51	633.66	261.11	180.96	-	-
Trading Asset Securities	-	251.63	100.4	200.21	-	-
Cash & Short-Term Investments	888.71	1,359	1,481	1,457	1,373	1,443
Cash Growth	32.98%	-8.23%	1.70%	6.05%	-4.85%	81.78%
Accounts Receivable	519.69	441.71	531.14	598.72	872.33	764.11
Other Receivables	21.14	14.67	16.86	24.55	13.46	7.56
Receivables	540.83	456.38	548	623.26	885.79	771.67
Inventory	285.93	243.74	200.54	178.56	139.66	144.5
Other Current Assets	140.03	112.73	40.96	140.37	111.21	45.68
Total Current Assets	1,856	2,172	2,271	2,399	2,510	2,405
Property, Plant & Equipment	563.74	544.51	576.93	557.25	583.18	404.61
Long-Term Investments	952.69	767.58	484.17	235.87	1.38	2.68
Goodwill	-	-	19.25	19.25	19.25	19.25
Other Intangible Assets	97.03	102.42	108.94	107.48	120.23	130.57
Long-Term Deferred Tax Assets	18.65	19.8	19.74	18.59	19.83	27.1
Long-Term Deferred Charges	-	-	-	-	0.09	0.97
Other Long-Term Assets	2.95	20.08	1.97	9.14	12.82	14.43
Total Assets	3,491	3,627	3,482	3,346	3,267	3,005
Accounts Payable	491.7	307.16	257.99	305.13	278.66	243.33
Accrued Expenses	20.71	55.97	44.45	46.32	57.22	40.14
Short-Term Debt	20	150	-	-	-	-
Current Portion of Leases	20.78	17.72	17.67	16.69	16.01	-
Current Income Taxes Payable	10.71	22.69	17.86	9.87	13	29.21
Current Unearned Revenue	86.83	110.81	158.85	116.12	140.68	88.57
Other Current Liabilities	21.33	20.66	31.64	26.64	53.03	160.14
Total Current Liabilities	672.06	685.01	528.45	520.78	558.59	561.39
Long-Term Leases	43.25	57.05	70.79	81.72	90.4	-
Long-Term Unearned Revenue	4.2	-	-	-	-	2.08
Long-Term Deferred Tax Liabilities	7.06	7.55	9.95	12.63	15.06	26.17
Other Long-Term Liabilities	8.28	9.75	11.81	15.1	18.19	24.24
Total Liabilities	734.84	759.36	621.01	630.23	682.24	613.89
Common Stock	648.86	648.86	648.86	648.86	648.86	648.86
Additional Paid-In Capital	645.72	645.72	645.72	645.72	645.72	607.96
Retained Earnings	1,306	1,413	1,409	1,289	1,178	897.42
Comprehensive Income & Other	22.1	17.12	14.09	11.44	8.21	9.6
Total Common Equity	2,623	2,724	2,718	2,595	2,480	2,164
Minority Interest	132.59	143.1	142.73	120.58	104.25	227.12
Shareholders' Equity	2,756	2,867	2,861	2,716	2,585	2,391
Total Liabilities & Equity	3,491	3,627	3,482	3,346	3,267	3,005
Total Debt	84.03	224.78	88.46	98.41	106.41	-
Net Cash (Debt)	804.68	1,135	1,393	1,358	1,267	1,443
Net Cash Growth	36.35%	-18.54%	2.56%	7.19%	-12.22%	82.47%
Net Cash Per Share	1.23	1.73	2.12	2.08	1.95	2.83
Filing Date Shares Outstanding	648.86	648.86	648.86	648.86	648.86	648.86
Total Common Shares Outstanding	648.86	648.86	648.86	648.86	648.86	648.86
Working Capital	1,183	1,487	1,742	1,878	1,951	1,844
Book Value Per Share	4.04	4.20	4.19	4.00	3.82	3.33
Tangible Book Value	2,526	2,622	2,590	2,469	2,341	2,014
Tangible Book Value Per Share	3.89	4.04	3.99	3.80	3.61	3.10
Buildings	-	337.54	337.39	331.88	331.89	257.87
Machinery	-	749.71	744.12	633.02	643.33	583.22
Construction In Progress	-	37.01	11.04	44.61	5.37	14.06

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