SHE:002675 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	1,045	755.97	644.42	1,022	826.61	715.79
Trading Asset Securities	114.07	148.54	20.12	27.33	129.27	118.04
Cash & Short-Term Investments	1,159	904.51	664.53	1,049	955.88	833.83
Cash Growth	21.35%	36.11%	-36.65%	9.74%	14.64%	-20.35%
Accounts Receivable	987.35	936.24	794.08	883.53	875.48	1,005
Other Receivables	25.1	15.86	10.96	62.13	19.06	13.53
Receivables	1,012	952.1	805.04	945.66	894.55	1,018
Inventory	630.48	646.22	903.86	1,078	952.53	974.03
Other Current Assets	76.83	64.81	104.25	120.05	96.81	118.92
Total Current Assets	2,879	2,568	2,478	3,193	2,900	2,945
Property, Plant & Equipment	2,537	2,335	2,147	1,964	1,616	1,286
Long-Term Investments	391.55	356.05	212.92	191.1	243.37	124.71
Goodwill	2,496	2,501	2,544	2,330	2,373	2,600
Other Intangible Assets	285.42	252.54	219.44	226.06	191.41	192.88
Long-Term Deferred Tax Assets	111.21	94.89	88.03	63.71	58.61	54.28
Long-Term Deferred Charges	423.18	363.02	243	133.24	177.03	142.82
Other Long-Term Assets	162.66	164.82	150.37	76.69	96.54	47.53
Total Assets	9,285	8,635	8,082	8,177	7,656	7,393
Accounts Payable	578.85	588.41	876.02	1,332	1,052	719.08
Accrued Expenses	105.21	281.49	240.55	255.3	216.99	93.07
Short-Term Debt	336.45	490.23	372.97	391.47	365.96	457.06
Current Portion of Long-Term Debt	68.54	64.65	147.6	46.66	156.37	-
Current Portion of Leases	-	9.34	11.39	4.99	3.69	-
Current Income Taxes Payable	105.68	47.96	53.46	56.61	36.14	20.96
Current Unearned Revenue	131.33	106.01	114.25	108.82	68.47	56.39
Other Current Liabilities	360.42	165.87	135.48	197.72	143.11	550.44
Total Current Liabilities	1,686	1,754	1,952	2,393	2,043	1,897
Long-Term Debt	347.81	301.86	249.21	232.6	520.36	448.53
Long-Term Leases	157.14	33.88	11.07	7.53	2.89	-
Long-Term Unearned Revenue	193.23	196.79	236.97	240.27	47.33	61.07
Long-Term Deferred Tax Liabilities	15.62	17.41	18.1	18.63	16.76	18.72
Other Long-Term Liabilities	1,440	959.32	219.66	2.22	2.22	2.22
Total Liabilities	3,840	3,263	2,687	2,895	2,633	2,428
Common Stock	824.6	824.6	824.6	824.6	802.21	802.21
Additional Paid-In Capital	1,771	1,998	2,341	2,402	2,317	2,321
Retained Earnings	1,767	1,643	1,603	1,517	1,290	1,332
Comprehensive Income & Other	10.53	14.84	6.86	4.84	-11.78	13.11
Total Common Equity	4,373	4,480	4,775	4,749	4,397	4,468
Minority Interest	1,072	891.02	620.22	533.66	626.35	497.33
Shareholders' Equity	5,445	5,371	5,396	5,282	5,024	4,966
Total Liabilities & Equity	9,285	8,635	8,082	8,177	7,656	7,393
Total Debt	909.93	899.96	792.23	683.25	1,049	905.6
Net Cash (Debt)	249.18	4.55	-127.7	365.7	-93.39	-71.77
Net Cash Growth	125.85%	-	-	-	-	-
Net Cash Per Share	0.30	0.01	-0.15	0.45	-0.12	-0.09
Filing Date Shares Outstanding	824.6	824.6	824.6	824.6	802.21	802.21
Total Common Shares Outstanding	824.6	824.6	824.6	824.6	802.21	802.21
Working Capital	1,192	813.69	525.96	799.34	856.82	1,048
Book Value Per Share	5.30	5.43	5.79	5.76	5.48	5.57
Tangible Book Value	1,592	1,727	2,012	2,193	1,833	1,675
Tangible Book Value Per Share	1.93	2.09	2.44	2.66	2.28	2.09
Buildings	-	1,490	1,196	1,119	869.32	672.58
Machinery	-	1,162	943.15	870.18	747.8	694.36
Construction In Progress	-	567.91	780.03	641.37	561.05	409.59

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