SHE:002518 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	469.05	492.3	1,552	1,730	416.41	550.52
Short-Term Investments	371.57	366.3	54.34	-	-	-
Trading Asset Securities	672.64	597.02	240.05	216.45	1,122	890.81
Cash & Short-Term Investments	1,513	1,456	1,847	1,946	1,539	1,441
Cash Growth	50.74%	-21.17%	-5.12%	26.46%	6.77%	3.40%
Accounts Receivable	1,605	1,623	1,522	1,349	1,001	972.56
Other Receivables	17.21	25.87	21.29	9.64	72.09	33.1
Receivables	1,623	1,649	1,543	1,359	1,073	1,006
Inventory	1,050	1,049	1,100	957.56	675.99	324.33
Other Current Assets	103.71	35.4	22.85	74.68	26.92	17.87
Total Current Assets	4,290	4,188	4,513	4,337	3,315	2,789
Property, Plant & Equipment	1,362	1,315	1,238	1,153	1,104	866.49
Long-Term Investments	69.43	1,183	630.11	246.87	83.37	126.04
Goodwill	5.15	5.15	5.15	5.15	5.15	0.48
Other Intangible Assets	254.25	257.65	254.72	225.2	229.95	159.97
Long-Term Accounts Receivable	-	14.01	10.76	-	-	-
Long-Term Deferred Tax Assets	108.48	109.77	121.84	104.55	81.98	74.21
Long-Term Deferred Charges	19.78	24.66	25.67	31.08	14.51	10.49
Other Long-Term Assets	1,186	86.9	84.07	117.08	116.3	107.34
Total Assets	7,295	7,185	6,883	6,220	4,951	4,134
Accounts Payable	1,749	1,679	1,616	1,818	1,348	885.13
Accrued Expenses	47.98	147.99	133.63	151.35	135.79	132.04
Short-Term Debt	50	274.36	112.54	64.84	31.89	30
Current Portion of Leases	-	4.69	3.77	3.48	4.97	-
Current Income Taxes Payable	92.94	37.41	89.91	96.7	21.89	22.7
Current Unearned Revenue	257.42	282.15	186.67	203.64	108.35	69.45
Other Current Liabilities	73.15	40.3	139.51	20.16	17.34	13.22
Total Current Liabilities	2,271	2,466	2,282	2,358	1,668	1,153
Long-Term Leases	15.05	17.55	14.66	15.97	15.56	-
Long-Term Unearned Revenue	52.61	56.94	46.45	54.12	37.07	44.14
Long-Term Deferred Tax Liabilities	0.38	0.52	0.52	0.63	1.68	0.53
Other Long-Term Liabilities	218.04	211.79	228.84	178.56	125.53	123.98
Total Liabilities	2,557	2,753	2,573	2,608	1,848	1,321
Common Stock	582.23	582.23	586.88	582.45	582.45	582.45
Additional Paid-In Capital	535.59	535.59	634.13	503.42	503.42	503.42
Retained Earnings	3,574	3,262	3,131	2,489	1,978	1,722
Treasury Stock	-	-	-103.53	-2	-2	-2
Comprehensive Income & Other	-37.87	-30.9	-26.67	-26.48	0.12	0.13
Total Common Equity	4,654	4,349	4,222	3,547	3,062	2,806
Minority Interest	84.96	82.9	88.29	66.08	40.53	7.43
Shareholders' Equity	4,739	4,432	4,310	3,613	3,103	2,813
Total Liabilities & Equity	7,295	7,185	6,883	6,220	4,951	4,134
Total Debt	65.05	296.61	130.97	84.28	52.42	30
Net Cash (Debt)	1,448	1,159	1,716	1,862	1,486	1,411
Net Cash Growth	76.10%	-32.44%	-7.85%	25.25%	5.32%	1.24%
Net Cash Per Share	2.52	2.00	2.94	3.20	2.55	2.42
Filing Date Shares Outstanding	582.23	582.23	588.4	582.23	582.23	582.23
Total Common Shares Outstanding	582.23	582.23	588.4	582.23	582.23	582.23
Working Capital	2,019	1,722	2,231	1,979	1,647	1,637
Book Value Per Share	7.99	7.47	7.18	6.09	5.26	4.82
Tangible Book Value	4,394	4,086	3,962	3,316	2,827	2,645
Tangible Book Value Per Share	7.55	7.02	6.73	5.70	4.86	4.54
Buildings	-	858.38	846.46	732.31	703.37	408.13
Machinery	-	849.38	808.08	731.47	668.18	612.19
Construction In Progress	-	227.67	123.71	130.5	119.09	196.01

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