SHE:002967 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	608.58	1,025	1,460	1,266	1,564	322.9
Trading Asset Securities	30.07	30	-	38.51	6.46	-
Cash & Short-Term Investments	638.65	1,055	1,460	1,304	1,571	322.9
Cash Growth	-33.12%	-27.73%	11.92%	-16.95%	386.41%	-38.58%
Accounts Receivable	2,284	1,873	1,641	1,485	1,240	1,076
Other Receivables	65.62	60.22	60.51	46.05	53.31	70.47
Receivables	2,349	1,934	1,702	1,531	1,293	1,146
Inventory	74.68	30.94	39.83	23.16	14.79	5.11
Other Current Assets	167.03	245.25	100.37	67.25	85.15	84.02
Total Current Assets	3,230	3,265	3,302	2,925	2,963	1,558
Property, Plant & Equipment	2,329	2,399	2,073	1,861	1,583	1,183
Long-Term Investments	67.43	69.36	77.82	80.76	100.43	69.05
Goodwill	220.04	166.53	199.13	249.8	213.07	209.35
Other Intangible Assets	143.79	148.47	155.2	156.52	154.38	55.18
Long-Term Deferred Tax Assets	127.13	112.9	98.95	84.46	61.67	69.43
Long-Term Deferred Charges	88.59	57.09	55.75	64.99	83.3	87.57
Other Long-Term Assets	351.2	336.37	109.8	131.24	120.82	113.77
Total Assets	6,557	6,555	6,071	5,554	5,280	3,346
Accounts Payable	507.39	511.17	401.17	415.03	374.62	266.58
Accrued Expenses	132.27	188.74	133.62	138.17	123.85	137.14
Short-Term Debt	645.51	961.33	754.02	534.97	492.12	655.6
Current Portion of Long-Term Debt	139.77	71.21	22.53	22.58	7	12.44
Current Portion of Leases	-	83.77	95	149.95	193.13	146.89
Current Income Taxes Payable	36.55	18.37	4.64	7.81	19.14	14.88
Current Unearned Revenue	192.23	152.26	172.6	106.63	107.92	68.34
Other Current Liabilities	269.1	312.26	88.68	117.41	86.46	92.8
Total Current Liabilities	1,923	2,299	1,672	1,493	1,404	1,395
Long-Term Debt	820.14	579.21	439.98	180.57	87.93	15.55
Long-Term Leases	117.8	114.13	158.34	201.53	230.03	87.17
Long-Term Unearned Revenue	102.57	106.61	103.56	86.06	67.44	58.13
Long-Term Deferred Tax Liabilities	51.43	37.94	24.13	22.54	20.27	23.98
Other Long-Term Liabilities	-	-	-	5.92	-	-
Total Liabilities	3,015	3,137	2,398	1,989	1,810	1,580
Common Stock	583.25	583.25	575.23	575.23	575.23	529.07
Additional Paid-In Capital	2,062	2,051	1,982	1,982	1,982	542.38
Retained Earnings	1,239	1,168	1,043	929.53	831.86	649.69
Treasury Stock	-455.4	-457.81	-	-	-	-
Comprehensive Income & Other	-10.13	-8.53	-3.94	4.54	21.03	-5.61
Total Common Equity	3,419	3,336	3,596	3,491	3,410	1,716
Minority Interest	123.08	81.76	76.94	73.94	60.34	50.76
Shareholders' Equity	3,542	3,418	3,673	3,565	3,470	1,766
Total Liabilities & Equity	6,557	6,555	6,071	5,554	5,280	3,346
Total Debt	1,723	1,810	1,470	1,090	1,010	917.66
Net Cash (Debt)	-1,085	-754.69	-10.13	214.73	560.38	-594.76
Net Cash Growth	-	-	-	-61.68%	-	-
Net Cash Per Share	-1.92	-1.31	-0.02	0.37	1.02	-1.11
Filing Date Shares Outstanding	560.39	560.39	575.23	575.23	575.23	529.07
Total Common Shares Outstanding	560.39	560.39	575.23	575.23	575.23	529.07
Working Capital	1,307	965.77	1,629	1,433	1,559	163.36
Book Value Per Share	6.10	5.95	6.25	6.07	5.93	3.24
Tangible Book Value	3,055	3,021	3,241	3,085	3,042	1,451
Tangible Book Value Per Share	5.45	5.39	5.63	5.36	5.29	2.74
Buildings	-	1,015	174.74	174.14	166.56	143.61
Machinery	-	2,815	2,521	2,279	1,920	1,570
Construction In Progress	-	-	476.75	179.77	23.39	0.18

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