SHE:002755 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	1,385	1,411	1,047	772.71	1,166	1,369
Trading Asset Securities	1,091	683.28	713.83	839.08	522.39	100
Cash & Short-Term Investments	2,476	2,095	1,761	1,612	1,688	1,469
Cash Growth	18.86%	18.96%	9.25%	-4.51%	14.90%	14.14%
Accounts Receivable	293.43	231.83	181.24	323.03	581.86	968.27
Other Receivables	8.41	13.02	49.88	25.21	16.29	24.79
Receivables	301.84	244.85	231.12	348.23	598.15	993.06
Inventory	126.88	196.99	167.49	141.53	141.84	168.74
Other Current Assets	36.96	31.59	27	36.56	59.14	16.01
Total Current Assets	2,941	2,568	2,186	2,138	2,487	2,647
Property, Plant & Equipment	423.21	474.03	478.4	547.14	658.33	706.66
Long-Term Investments	48.33	118.72	118.21	107.57	105.18	77.36
Other Intangible Assets	547.22	146.34	98.34	95.77	97.69	84.91
Long-Term Deferred Tax Assets	24.66	24.62	25.73	25.85	28.69	26.9
Long-Term Deferred Charges	409.57	676.78	563.46	453.7	342.02	257.47
Other Long-Term Assets	41.72	38.97	53.26	46.22	5.75	7.89
Total Assets	4,436	4,048	3,524	3,414	3,725	3,808
Accounts Payable	40.95	59.98	38.29	39.08	65.72	95.29
Accrued Expenses	9.74	40.84	43.6	119.56	133.48	299.13
Short-Term Debt	47	62	114.02	45.03	-	20.01
Current Portion of Leases	2.33	4.06	3.03	3.45	2.61	-
Current Income Taxes Payable	20.29	2.05	3.59	2.13	7.54	13.14
Current Unearned Revenue	230.95	108.51	15.88	11.68	15.26	31.18
Other Current Liabilities	732.08	543.53	213.14	102.81	177.11	231.23
Total Current Liabilities	1,083	820.96	431.55	323.74	401.71	689.99
Long-Term Leases	3.85	6.62	6.75	8.92	11.52	-
Long-Term Unearned Revenue	60.32	60.66	64.72	55.81	68.93	69.41
Long-Term Deferred Tax Liabilities	17.15	17.15	10.18	12.56	15.08	15.49
Total Liabilities	1,165	905.39	513.2	401.03	497.24	774.89
Common Stock	928.16	928.16	928.16	928.16	928.16	928.16
Additional Paid-In Capital	164.17	136.94	136.94	50.73	0.94	1.49
Retained Earnings	2,101	1,989	1,828	1,977	2,295	2,101
Comprehensive Income & Other	11.97	8.95	6.58	7.25	-5.9	-3.7
Total Common Equity	3,205	3,063	2,900	2,963	3,219	3,027
Minority Interest	66.73	79.59	110.7	50.37	8.82	6.06
Shareholders' Equity	3,272	3,142	3,011	3,013	3,228	3,033
Total Liabilities & Equity	4,436	4,048	3,524	3,414	3,725	3,808
Total Debt	53.18	72.67	123.8	57.41	14.13	20.01
Net Cash (Debt)	2,423	2,022	1,637	1,554	1,674	1,449
Net Cash Growth	22.34%	23.52%	5.32%	-7.14%	15.51%	12.58%
Net Cash Per Share	2.52	2.14	1.76	1.65	1.81	1.57
Filing Date Shares Outstanding	928.16	928.16	928.16	928.16	928.16	928.16
Total Common Shares Outstanding	928.16	928.16	928.16	928.16	928.16	928.16
Working Capital	1,858	1,747	1,755	1,814	2,085	1,957
Book Value Per Share	3.45	3.30	3.12	3.19	3.47	3.26
Tangible Book Value	2,658	2,916	2,802	2,867	3,121	2,942
Tangible Book Value Per Share	2.86	3.14	3.02	3.09	3.36	3.17
Buildings	-	385.96	375.5	371.29	437.94	436.85
Machinery	-	804.36	744.21	767.2	776.51	764.36
Construction In Progress	-	23.51	36.07	29.8	19.71	15.72

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