SHE:002531 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	600.33	998.6	822.64	1,163	738.52	710.46
Trading Asset Securities	-	100	5.03	14.4	-	-
Cash & Short-Term Investments	600.33	1,099	827.67	1,178	738.52	710.46
Cash Growth	-11.34%	32.73%	-29.72%	59.46%	3.95%	-43.73%
Accounts Receivable	4,794	4,846	5,443	4,975	4,714	4,112
Other Receivables	123.9	92.9	113.41	83.81	82.5	70.4
Receivables	4,918	4,939	5,557	5,059	4,796	4,182
Inventory	2,539	2,578	2,275	1,244	975.72	1,123
Other Current Assets	906.98	808.7	931.78	711.67	527.02	618.79
Total Current Assets	8,964	9,425	9,591	8,193	7,038	6,634
Property, Plant & Equipment	13,190	11,751	11,074	9,575	7,544	6,716
Long-Term Investments	361.66	375.6	381.6	298.05	427.24	468.63
Goodwill	1,905	1,905	1,905	-	-	-
Other Intangible Assets	1,051	1,010	891.61	525.46	373.39	322.96
Long-Term Accounts Receivable	-	-	-	-	50.91	263.03
Long-Term Deferred Tax Assets	420.19	307.99	207.4	152.32	111.26	96.5
Long-Term Deferred Charges	170.49	184.83	232.51	172.13	118.54	111.25
Other Long-Term Assets	296.48	137.05	26.97	966.93	37.45	135.67
Total Assets	26,359	25,097	24,311	19,883	15,700	14,748
Accounts Payable	2,719	2,754	3,952	2,693	1,634	2,202
Accrued Expenses	30.93	42.63	65.56	130.08	116.02	77.82
Short-Term Debt	2,600	2,107	1,815	2,695	2,117	2,405
Current Portion of Long-Term Debt	2,007	1,943	1,456	962.65	305.87	369.27
Current Portion of Leases	-	108.65	146.25	61.16	221.44	-
Current Income Taxes Payable	73.26	10.59	29.31	51.54	54.08	74.95
Current Unearned Revenue	610.87	644.04	389.88	129.15	201.36	239.43
Other Current Liabilities	186.56	175.14	107.3	37.7	63.34	44.47
Total Current Liabilities	8,227	7,785	7,961	6,760	4,714	5,413
Long-Term Debt	7,329	6,505	6,509	3,925	2,160	2,203
Long-Term Leases	665.28	716.85	829.6	857.38	942.48	235.25
Long-Term Unearned Revenue	9.29	9.54	9.68	9.42	1.53	-
Long-Term Deferred Tax Liabilities	36.88	58.63	67.8	17.58	32.92	6.88
Total Liabilities	16,267	15,076	15,377	11,569	7,850	7,858
Common Stock	1,797	1,797	1,797	1,803	1,803	1,779
Additional Paid-In Capital	1,463	1,463	1,493	1,674	1,682	1,706
Retained Earnings	5,700	5,666	5,596	4,801	4,317	3,302
Treasury Stock	-	-	-	-26.66	-26.66	-80.46
Comprehensive Income & Other	25.35	-0.84	-0.16	1.19	1.91	-26.1
Total Common Equity	8,984	8,924	8,886	8,252	7,776	6,680
Minority Interest	1,107	1,097	47.8	61.05	73.66	209.67
Shareholders' Equity	10,092	10,021	8,933	8,313	7,850	6,890
Total Liabilities & Equity	26,359	25,097	24,311	19,883	15,700	14,748
Total Debt	12,600	11,381	10,756	8,501	5,747	5,213
Net Cash (Debt)	-12,000	-10,282	-9,928	-7,323	-5,008	-4,502
Net Cash Per Share	-6.46	-5.53	-5.49	-4.08	-2.79	-2.57
Filing Date Shares Outstanding	1,797	1,797	1,797	1,797	1,797	1,797
Total Common Shares Outstanding	1,797	1,797	1,797	1,797	1,797	1,762
Working Capital	737.3	1,639	1,630	1,432	2,324	1,221
Book Value Per Share	5.00	4.97	4.94	4.59	4.33	3.79
Tangible Book Value	6,028	6,009	6,088	7,727	7,403	6,357
Tangible Book Value Per Share	3.35	3.34	3.39	4.30	4.12	3.61
Buildings	-	3,305	2,761	1,832	1,356	-
Machinery	-	10,982	9,514	7,174	5,069	-
Construction In Progress	-	517.76	1,148	2,397	908.97	-

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