SHE:200030 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	1,947	2,100	1,958	2,293	2,731	1,559
Trading Asset Securities	232.8	234.76	221.24	198.82	124.03	253.94
Cash & Short-Term Investments	2,180	2,335	2,180	2,492	2,856	1,813
Cash Growth	62.84%	7.11%	-12.52%	-12.74%	57.48%	17.17%
Accounts Receivable	5,947	5,399	4,702	2,903	3,144	4,321
Other Receivables	122.14	128.38	143.73	224.78	220.51	534.66
Receivables	6,069	5,528	4,846	3,127	3,364	4,855
Inventory	1,429	1,311	1,244	1,339	1,143	1,041
Prepaid Expenses	-	2.46	1.31	6.16	21.26	4.47
Other Current Assets	305.86	158.1	178.95	175.25	126.56	131.07
Total Current Assets	9,983	9,334	8,450	7,139	7,510	7,845
Property, Plant & Equipment	3,739	3,749	3,575	3,417	3,407	2,872
Long-Term Investments	3,691	3,563	3,606	3,467	2,783	2,483
Goodwill	11.66	10.42	10.42	10.42	10.42	10.42
Other Intangible Assets	563.18	553.11	599.52	645.35	684.92	678.83
Long-Term Accounts Receivable	3.19	4.41	4.32	12.13	-	-
Long-Term Deferred Tax Assets	389.68	383.15	318.67	254.46	198.1	213.22
Long-Term Deferred Charges	54.58	200.48	151.11	117.14	120.18	81.59
Other Long-Term Assets	428.05	237.15	261.86	217.11	146.54	277.67
Total Assets	18,863	18,035	16,977	15,280	14,861	14,461
Accounts Payable	6,409	6,121	5,603	4,371	4,204	4,134
Accrued Expenses	72.78	512.68	435.95	385.03	431.18	502.32
Short-Term Debt	136.89	75.59	25.52	109.1	44.71	45
Current Portion of Long-Term Debt	-	300.02	683.35	23.68	-	-
Current Portion of Leases	-	30	29.16	28.36	33.69	43.62
Current Income Taxes Payable	87.7	25.61	7.37	1.82	3.88	22.95
Current Unearned Revenue	51.93	37.4	21.89	17.8	8.27	14.41
Other Current Liabilities	1,063	266.14	264.36	275.45	379.32	371.03
Total Current Liabilities	7,821	7,369	7,070	5,212	5,105	5,133
Long-Term Debt	511.92	596.74	300.86	710.14	248.76	176.97
Long-Term Leases	143.35	137.33	150.89	149.7	163.32	10.19
Long-Term Unearned Revenue	401.32	435.57	458.36	491.6	539.98	573.07
Pension & Post-Retirement Benefits	1.57	25.79	28.38	29.52	30.43	-
Long-Term Deferred Tax Liabilities	110.51	113.57	97.24	81.71	52.76	35.26
Other Long-Term Liabilities	72.9	76.91	68.71	133.88	208.73	258.27
Total Liabilities	9,062	8,755	8,175	6,809	6,349	6,187
Common Stock	1,720	1,742	1,742	1,811	1,811	1,811
Additional Paid-In Capital	497.11	493.2	489.14	544.21	545.89	518.49
Retained Earnings	5,836	5,763	5,516	5,558	5,572	5,253
Treasury Stock	-	-130	-130	-474.89	-474.89	-344.89
Comprehensive Income & Other	95.74	66.17	54.11	33.93	18.33	25.16
Total Common Equity	8,149	7,934	7,671	7,471	7,472	7,263
Minority Interest	1,652	1,347	1,131	1,000	1,040	1,012
Shareholders' Equity	9,801	9,280	8,802	8,471	8,512	8,275
Total Liabilities & Equity	18,863	18,035	16,977	15,280	14,861	14,461
Total Debt	792.16	1,140	1,190	1,021	490.47	275.79
Net Cash (Debt)	1,388	1,195	989.83	1,471	2,365	1,537
Net Cash Growth	330.19%	20.73%	-32.70%	-37.82%	53.83%	33.28%
Net Cash Per Share	0.80	0.69	0.57	0.85	1.35	0.89
Filing Date Shares Outstanding	1,720	1,720	1,720	1,720	1,720	1,742
Total Common Shares Outstanding	1,720	1,720	1,720	1,720	1,720	1,742
Working Capital	2,163	1,965	1,379	1,927	2,405	2,712
Book Value Per Share	4.74	4.61	4.46	4.34	4.34	4.17
Tangible Book Value	7,574	7,370	7,061	6,816	6,777	6,573
Tangible Book Value Per Share	4.40	4.29	4.11	3.96	3.94	3.77
Buildings	-	1,758	1,618	1,599	1,629	-
Machinery	-	5,022	4,533	4,431	4,175	-
Construction In Progress	-	318.12	492.79	311.69	198.78	-

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