SHE:002851 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	1,626	1,301	595.51	519.63	491.81	548.82
Short-Term Investments	269.96	353.47	-	44.21	-	-
Trading Asset Securities	475.1	179.87	737.35	1,187	531.19	1,019
Cash & Short-Term Investments	2,371	1,835	1,333	1,751	1,023	1,567
Cash Growth	50.02%	37.64%	-23.88%	71.15%	-34.73%	97.38%
Accounts Receivable	2,837	2,986	2,717	2,048	1,597	1,327
Other Receivables	33	26.75	26.77	76.93	125.47	71.44
Receivables	2,870	3,013	2,744	2,125	1,722	1,398
Inventory	2,510	2,416	1,918	1,911	1,653	844.96
Other Current Assets	274.49	179.08	146.48	85	55.84	18.93
Total Current Assets	8,025	7,442	6,141	5,872	4,454	3,829
Property, Plant & Equipment	2,813	2,451	1,936	1,274	862.63	541.92
Long-Term Investments	1,333	1,357	1,354	663.05	392.36	362.25
Goodwill	61.84	61.84	73.46	98.5	55.2	33.62
Other Intangible Assets	297.43	283.9	289.43	292.74	258.62	234.93
Long-Term Deferred Tax Assets	234.51	186.47	93.63	86.77	50.03	42.15
Long-Term Deferred Charges	42.41	47.47	43.91	-	31.26	17.01
Other Long-Term Assets	288.2	154.84	182.34	177.69	108.94	145.18
Total Assets	13,096	11,986	10,113	8,465	6,213	5,206
Accounts Payable	3,913	3,722	3,273	2,644	2,419	1,724
Accrued Expenses	185.73	348.32	354.24	242.87	187.26	165.53
Short-Term Debt	912.35	1,094	324.39	397.37	181.86	97.11
Current Portion of Long-Term Debt	207.61	18.79	19.47	0.8	-	-
Current Portion of Leases	-	43.35	48	29.2	18.36	-
Current Income Taxes Payable	72.96	44.37	38.72	5.71	11.58	13.37
Current Unearned Revenue	123.28	64.81	53.81	49.95	39.42	32.97
Other Current Liabilities	218.67	168.22	70.37	72.92	56.7	24.32
Total Current Liabilities	5,633	5,504	4,182	3,443	2,914	2,058
Long-Term Debt	933.6	243.3	1,253	1,027	-	10.01
Long-Term Leases	84.96	65.82	99.72	69.51	47.32	-
Long-Term Unearned Revenue	27.96	24.18	15.19	22.59	34.54	28.98
Long-Term Deferred Tax Liabilities	-	-	8.39	58.48	16.4	7.65
Other Long-Term Liabilities	37.87	33.15	15.09	12.78	8.57	7.84
Total Liabilities	6,718	5,870	5,573	4,633	3,021	2,112
Common Stock	550.07	545.63	501.1	497.57	497.57	501.91
Additional Paid-In Capital	2,643	2,565	1,144	1,039	1,019	1,216
Retained Earnings	3,155	2,970	2,643	2,038	1,644	1,355
Treasury Stock	-70.95	-70.47	-69.99	-69.99	-	-
Comprehensive Income & Other	-9.23	4.32	199.39	199.19	-4.09	-3.63
Total Common Equity	6,267	6,014	4,417	3,704	3,157	3,069
Minority Interest	110.6	100.72	123.5	127.7	34.71	24.8
Shareholders' Equity	6,378	6,115	4,541	3,832	3,192	3,094
Total Liabilities & Equity	13,096	11,986	10,113	8,465	6,213	5,206
Total Debt	2,139	1,465	1,744	1,524	247.54	107.12
Net Cash (Debt)	232.32	369.34	-411.49	227.34	775.47	1,460
Net Cash Growth	-	-	-	-70.68%	-46.89%	104.52%
Net Cash Per Share	0.43	0.70	-0.78	0.45	1.55	3.06
Filing Date Shares Outstanding	545.66	542.6	498.16	494.48	497.57	501.91
Total Common Shares Outstanding	545.66	542.6	498.01	494.48	497.57	501.91
Working Capital	2,392	1,938	1,959	2,429	1,539	1,772
Book Value Per Share	11.49	11.08	8.87	7.49	6.34	6.12
Tangible Book Value	5,908	5,669	4,054	3,313	2,843	2,801
Tangible Book Value Per Share	10.83	10.45	8.14	6.70	5.71	5.58
Buildings	-	1,135	758.77	423.37	313.8	238.74
Machinery	-	1,218	957	731.6	526.9	377.84
Construction In Progress	-	599.15	524.06	352.48	206.64	133.13

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