SHE:200550 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	10,659	12,546	11,831	8,605	9,569	11,122
Trading Asset Securities	-	-	200.6	-	100.24	803.89
Cash & Short-Term Investments	10,659	12,546	12,031	8,605	9,669	11,926
Cash Growth	-5.78%	4.28%	39.82%	-11.01%	-18.92%	29.25%
Accounts Receivable	5,872	4,483	4,540	5,365	3,316	3,815
Other Receivables	44.02	63.29	77.1	103.33	370.55	86.62
Receivables	5,916	4,547	4,617	5,468	3,687	3,902
Inventory	1,879	2,055	1,560	2,129	1,975	2,087
Prepaid Expenses	-	1,200	951.66	1,363	984.17	-
Other Current Assets	1,613	147.22	218.33	302.3	539.97	1,232
Total Current Assets	20,066	20,495	19,378	17,867	16,855	19,147
Property, Plant & Equipment	6,442	6,570	6,049	6,398	6,782	6,728
Long-Term Investments	207.44	219.3	233.8	248.48	257.25	39.5
Other Intangible Assets	1,678	1,811	1,691	1,195	1,074	931.39
Long-Term Deferred Tax Assets	974.77	1,530	1,472	1,251	1,233	1,164
Long-Term Deferred Charges	224.89	188.1	283.74	477.23	111	173.47
Other Long-Term Assets	23	26.5	33.69	31.53	46.36	1.7
Total Assets	29,617	30,840	29,141	27,468	26,359	28,185
Accounts Payable	10,342	10,061	9,476	9,016	9,703	10,026
Accrued Expenses	643.59	5,226	5,324	5,196	4,824	4,099
Short-Term Debt	800	1,500	1,300	1,100	300	500
Current Portion of Long-Term Debt	79.54	0.47	13.31	0.46	0.42	0.43
Current Portion of Leases	-	85.68	80.07	72.22	77.62	10.48
Current Income Taxes Payable	154.08	-	18.7	55.23	170.08	88.14
Current Unearned Revenue	790.55	467.7	243.74	152.07	272.27	558.53
Other Current Liabilities	5,491	1,900	1,986	1,917	1,746	1,359
Total Current Liabilities	18,301	19,241	18,441	17,509	17,092	16,642
Long-Term Debt	0.7	0.94	1.39	20.86	2.09	2.56
Long-Term Leases	9.07	93.75	138.01	193.09	263.41	19
Long-Term Unearned Revenue	486.12	432	187.89	179.09	168.85	149.47
Pension & Post-Retirement Benefits	56.85	59.34	52.89	51.29	55.68	62.86
Long-Term Deferred Tax Liabilities	225.7	130.3	19.26	23.31	24	127
Other Long-Term Liabilities	270.87	287.17	315.7	250.76	197.59	195.9
Total Liabilities	19,350	20,245	19,156	18,228	17,804	17,199
Common Stock	863.21	863.21	863.21	863.21	863.21	863.21
Additional Paid-In Capital	839.44	839.44	839.44	839.44	839.44	839.44
Retained Earnings	9,745	9,611	8,664	7,555	6,869	9,296
Comprehensive Income & Other	-21.08	-21.02	-16.75	-13.48	-16.42	-11.76
Total Common Equity	11,257	11,293	10,350	9,244	8,555	10,986
Minority Interest	-990.19	-697.24	-365.27	-3.17	-	-
Shareholders' Equity	10,267	10,595	9,985	9,241	8,555	10,986
Total Liabilities & Equity	29,617	30,840	29,141	27,468	26,359	28,185
Total Debt	889.31	1,681	1,533	1,387	643.54	532.47
Net Cash (Debt)	9,770	10,865	10,498	7,218	9,026	11,393
Net Cash Growth	-7.99%	3.50%	45.44%	-20.03%	-20.78%	24.01%
Net Cash Per Share	11.34	12.59	12.16	8.36	10.46	13.20
Filing Date Shares Outstanding	862.31	863.21	863.21	863.21	863.21	891.55
Total Common Shares Outstanding	862.31	863.21	863.21	863.21	863.21	891.55
Working Capital	1,766	1,254	936.96	357.83	-237.21	2,505
Book Value Per Share	13.05	13.08	11.99	10.71	9.91	12.32
Tangible Book Value	9,579	9,481	8,659	8,049	7,482	10,055
Tangible Book Value Per Share	11.11	10.98	10.03	9.32	8.67	11.28
Buildings	-	2,196	2,054	2,213	2,745	2,301
Machinery	-	12,645	11,775	10,898	10,618	11,028
Construction In Progress	-	661.91	464.43	718.61	448.34	1,535

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