SHE:002545 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	3,763	3,345	2,462	2,457	1,411	1,097
Trading Asset Securities	360	328.28	308.68	285.66	614.23	1,020
Cash & Short-Term Investments	4,123	3,673	2,771	2,742	2,025	2,116
Cash Growth	51.99%	32.56%	1.05%	35.40%	-4.29%	58.45%
Accounts Receivable	636.9	809.11	762.26	755.3	665.05	772.31
Other Receivables	111.15	112.91	116.22	169.35	140	146.67
Receivables	748.05	922.02	878.48	924.65	805.05	918.98
Inventory	762.21	633.88	752.76	1,068	1,168	750.39
Prepaid Expenses	-	19.08	45.73	6.29	3.8	0.5
Other Current Assets	144.68	32.42	87.72	88.77	85.79	48.22
Total Current Assets	5,778	5,281	4,536	4,830	4,088	3,834
Property, Plant & Equipment	2,626	2,771	3,058	2,920	2,470	2,659
Long-Term Investments	1,035	1,124	972.12	917.06	768.5	918.64
Goodwill	434.4	434.4	434.4	434.4	434.4	434.4
Other Intangible Assets	3,317	3,393	3,491	3,553	3,616	3,632
Long-Term Deferred Tax Assets	74.32	74.39	85.29	55.29	26.36	36.45
Long-Term Deferred Charges	338.81	394.16	365.76	287.82	253.31	223.33
Other Long-Term Assets	386.5	102.9	45.57	38.55	51.65	31.81
Total Assets	13,990	13,574	12,987	13,036	11,708	11,769
Accounts Payable	769.99	745.51	816.93	564.76	424.63	482.45
Accrued Expenses	40.04	248.39	75.58	43.74	39.62	38.45
Short-Term Debt	829.26	1,120	811.12	1,603	1,012	1,385
Current Portion of Long-Term Debt	138.69	167.11	430.51	128.86	102.97	96.95
Current Portion of Leases	-	3.41	3.19	3.07	4.14	-
Current Income Taxes Payable	579.45	225.75	317.44	188.36	112.41	85.24
Current Unearned Revenue	131.09	99.01	128.9	145.77	201.97	150.71
Other Current Liabilities	166.67	282.16	136.19	161.87	76.19	49.55
Total Current Liabilities	2,655	2,891	2,720	2,839	1,974	2,289
Long-Term Debt	630.86	540.32	471.33	464.48	441.07	202.37
Long-Term Leases	6.39	1.8	1.9	4.9	0.28	-
Long-Term Unearned Revenue	5.32	5.08	2.12	0.82	2	2
Long-Term Deferred Tax Liabilities	1,237	1,224	1,211	1,258	1,327	1,438
Other Long-Term Liabilities	1.64	1.65	0.35	0.33	0.29	0.28
Total Liabilities	4,536	4,664	4,406	4,568	3,745	3,931
Common Stock	1,244	1,244	1,244	1,244	1,244	1,244
Additional Paid-In Capital	4,611	4,611	4,611	4,611	4,611	4,613
Retained Earnings	3,335	2,880	2,689	2,566	2,052	1,773
Comprehensive Income & Other	252.96	163.47	24.73	35.56	31.65	191.81
Total Common Equity	9,444	8,899	8,569	8,457	7,939	7,822
Minority Interest	10.34	10.68	11.58	11.58	24.06	16.37
Shareholders' Equity	9,454	8,910	8,581	8,468	7,963	7,838
Total Liabilities & Equity	13,990	13,574	12,987	13,036	11,708	11,769
Total Debt	1,605	1,832	1,718	2,204	1,561	1,685
Net Cash (Debt)	2,518	1,841	1,053	538.33	464.53	431.63
Net Cash Growth	76.91%	74.82%	95.60%	15.89%	7.62%	25497.47%
Net Cash Per Share	2.02	1.48	0.85	0.43	0.37	0.35
Filing Date Shares Outstanding	1,244	1,244	1,244	1,244	1,244	1,244
Total Common Shares Outstanding	1,244	1,244	1,244	1,244	1,244	1,244
Working Capital	3,123	2,389	1,816	1,991	2,113	1,546
Book Value Per Share	7.59	7.15	6.89	6.80	6.38	6.29
Tangible Book Value	5,692	5,072	4,644	4,470	3,888	3,756
Tangible Book Value Per Share	4.58	4.08	3.73	3.59	3.13	3.02
Buildings	-	1,875	1,883	1,721	1,605	1,625
Machinery	-	1,749	1,735	1,347	1,223	1,236
Construction In Progress	-	284.79	397.06	776.64	335.16	326.1

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