SHE:002573 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	772.05	918.86	1,191	1,570	1,597	514.78
Short-Term Investments	-	-	-	-	50	-
Trading Asset Securities	56.96	7.05	68.79	8.74	125.32	27.47
Cash & Short-Term Investments	829.02	925.9	1,260	1,579	1,772	542.25
Cash Growth	-29.22%	-26.49%	-20.22%	-10.91%	226.78%	27.29%
Accounts Receivable	5,844	5,372	5,693	5,163	5,038	2,876
Other Receivables	753.96	760.89	809.35	608.69	542.42	483.96
Receivables	6,598	6,133	6,502	5,772	5,580	3,360
Inventory	1,401	1,743	1,385	1,715	1,207	1,061
Other Current Assets	796.91	754.16	983.14	1,033	861.97	765.65
Total Current Assets	9,625	9,557	10,130	10,099	9,421	5,729
Property, Plant & Equipment	5,978	6,329	6,437	6,091	5,068	5,460
Long-Term Investments	837.52	841.84	785.67	778.79	850.43	674.47
Goodwill	679	679	679	679	328.26	94.76
Other Intangible Assets	5,570	5,853	4,776	4,603	4,669	2,461
Long-Term Accounts Receivable	661.07	692.32	745.85	667.26	734.06	-
Long-Term Deferred Tax Assets	275.53	269.27	307.65	206.23	167.52	179.12
Long-Term Deferred Charges	62.97	63.02	81.47	100.13	86.07	82.44
Other Long-Term Assets	573.69	510.35	614.05	451.05	262.4	1,766
Total Assets	24,263	24,795	24,557	23,675	21,587	16,447
Accounts Payable	2,551	2,507	2,301	2,258	2,598	1,593
Accrued Expenses	321.05	383.63	353.88	436.69	534.55	77.13
Short-Term Debt	4,272	3,997	2,918	2,491	1,960	1,276
Current Portion of Long-Term Debt	2,107	1,882	1,927	1,709	1,040	-
Current Portion of Leases	-	31.68	32.69	38.83	24.05	-
Current Income Taxes Payable	-	25.85	69.9	65.03	45.55	206.43
Current Unearned Revenue	857.7	1,008	734.86	1,014	961.36	716.51
Other Current Liabilities	995.24	1,069	862.97	721.14	619.96	1,797
Total Current Liabilities	11,104	10,904	9,201	8,734	7,784	5,666
Long-Term Debt	4,618	5,300	6,466	6,299	6,093	3,457
Long-Term Leases	129.23	142.43	197.92	246.2	101.13	-
Long-Term Unearned Revenue	546.08	549.14	553.12	549.35	539.41	450.17
Long-Term Deferred Tax Liabilities	108.91	111.72	85.56	55.41	29.28	4.97
Other Long-Term Liabilities	343.92	312.42	220.02	166.85	143.95	139.55
Total Liabilities	16,850	17,320	16,723	16,051	14,690	9,718
Common Stock	1,415	1,424	1,434	1,434	1,404	1,081
Additional Paid-In Capital	1,443	1,464	1,489	1,483	1,397	2,397
Retained Earnings	3,104	3,085	3,603	3,633	3,325	2,950
Treasury Stock	-	-32.71	-96.91	-101.54	-	-
Comprehensive Income & Other	-21.33	-23.04	-24.1	-36.91	-37.16	-33.95
Total Common Equity	5,942	5,918	6,405	6,412	6,089	6,394
Minority Interest	1,471	1,557	1,429	1,212	807.13	335.54
Shareholders' Equity	7,413	7,474	7,834	7,624	6,896	6,730
Total Liabilities & Equity	24,263	24,795	24,557	23,675	21,587	16,447
Total Debt	11,126	11,354	11,542	10,785	9,218	4,733
Net Cash (Debt)	-10,297	-10,428	-10,283	-9,206	-7,446	-4,191
Net Cash Per Share	-7.32	-7.42	-7.20	-6.54	-5.63	-3.88
Filing Date Shares Outstanding	1,415	1,424	1,434	1,385	1,404	1,081
Total Common Shares Outstanding	1,415	1,424	1,434	1,385	1,404	1,081
Working Capital	-1,479	-1,347	929.67	1,365	1,637	62.61
Book Value Per Share	4.20	4.15	4.47	4.63	4.34	5.91
Tangible Book Value	-307.49	-614.37	949.92	1,130	1,092	3,838
Tangible Book Value Per Share	-0.22	-0.43	0.66	0.82	0.78	3.55
Buildings	-	2,655	2,110	1,304	1,146	911.74
Machinery	-	6,597	6,350	5,787	5,549	5,219
Construction In Progress	-	780.15	1,019	1,361	351.74	1,047

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