SHE:200581 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,922	2,247	2,275	2,390	1,865	1,906
Short-Term Investments	-	-	-	-	-	1,925
Trading Asset Securities	1,699	1,480	2,391	2,719	6,076	3,518
Cash & Short-Term Investments	4,621	3,726	4,666	5,108	7,941	7,349
Cash Growth	-2.42%	-20.14%	-8.65%	-35.68%	8.06%	13.63%
Accounts Receivable	5,470	5,551	5,664	5,181	3,883	5,488
Other Receivables	478.53	943.05	1,043	1,304	28.35	59.5
Receivables	5,948	6,494	6,707	6,486	3,912	5,547
Inventory	2,545	2,309	2,069	2,283	3,445	2,877
Prepaid Expenses	-	146.82	173.91	364.56	204.7	200.52
Restricted Cash	-	0	-	-	31.04	57.34
Other Current Assets	1,029	632	105.02	120.55	183.24	158.98
Total Current Assets	14,143	13,308	13,721	14,362	15,718	16,191
Property, Plant & Equipment	5,047	4,910	4,583	4,321	3,343	3,126
Long-Term Investments	8,729	8,410	7,430	8,287	7,694	6,892
Goodwill	35.92	32.61	122.32	237.68	231.26	257.8
Other Intangible Assets	470.94	480.54	484.83	487.63	440.59	454.41
Long-Term Deferred Tax Assets	301.34	303.42	311.91	275.63	242.25	198.39
Long-Term Deferred Charges	20.25	22.2	24.71	28.59	15.3	15.06
Other Long-Term Assets	327.08	938.23	1,404	528.93	287.33	216.15
Total Assets	29,076	28,405	28,081	28,529	27,971	27,351
Accounts Payable	5,901	5,914	5,428	4,866	4,967	6,564
Accrued Expenses	530.62	722.37	611.73	569.84	587.12	594.17
Short-Term Debt	729.23	393.12	838.89	3,604	1,438	302.24
Current Portion of Long-Term Debt	128.81	200.01	24.96	2.24	27.77	33.27
Current Portion of Leases	-	20.69	13.12	12.04	6.32	3.62
Current Income Taxes Payable	64.32	15.11	30.18	7.85	2.32	21.46
Current Unearned Revenue	69.5	56.15	77.69	94.85	136.43	81.72
Other Current Liabilities	149.83	52.1	118.43	209.46	366.28	372.81
Total Current Liabilities	7,573	7,374	7,143	9,366	7,531	7,973
Long-Term Debt	90	108.74	309.57	250.52	13.75	18.4
Long-Term Leases	69.1	47.32	37.73	31.59	15.8	5.86
Long-Term Unearned Revenue	140.17	151.42	188.77	223.12	298.05	328.2
Pension & Post-Retirement Benefits	-	19.88	21.24	20.38	-	-
Long-Term Deferred Tax Liabilities	24.54	24.87	37.75	40.15	23.1	30.65
Other Long-Term Liabilities	189.81	166.37	164.89	162.08	126.58	200.25
Total Liabilities	8,087	7,892	7,903	10,094	8,008	8,556
Common Stock	966.79	996.99	1,002	1,009	1,009	1,009
Additional Paid-In Capital	2,726	3,159	3,246	3,319	3,239	3,243
Retained Earnings	16,216	16,033	15,565	13,830	15,325	14,266
Treasury Stock	-	-469.72	-533.29	-541.62	-270.25	-303.63
Comprehensive Income & Other	153.98	121.49	120.27	80.63	96.32	67.72
Total Common Equity	20,063	19,841	19,400	17,697	19,399	18,282
Minority Interest	925.75	672.06	778.33	738.03	564.09	512.45
Shareholders' Equity	20,989	20,513	20,178	18,435	19,963	18,794
Total Liabilities & Equity	29,076	28,405	28,081	28,529	27,971	27,351
Total Debt	1,017	769.88	1,224	3,901	1,502	363.39
Net Cash (Debt)	3,604	2,956	3,442	1,208	6,440	6,986
Net Cash Growth	-10.81%	-14.11%	185.03%	-81.25%	-7.82%	13.80%
Net Cash Per Share	3.73	3.05	3.52	0.91	6.43	7.03
Filing Date Shares Outstanding	966.79	971.99	977.16	987.52	1,009	1,009
Total Common Shares Outstanding	966.79	971.99	977.16	987.52	1,009	1,009
Working Capital	6,570	5,934	6,578	4,996	8,187	8,218
Book Value Per Share	20.75	20.41	19.85	17.92	19.23	18.12
Tangible Book Value	19,556	19,327	18,793	16,971	18,727	17,570
Tangible Book Value Per Share	20.23	19.88	19.23	17.19	18.56	17.41
Land	-	15.54	16.23	15.33	-	-
Buildings	-	2,462	2,017	1,920	1,570	-
Machinery	-	6,674	6,111	5,528	4,197	-
Construction In Progress	-	380.32	564.61	509.11	387.43	-

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