SHE:300021 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	1,024	1,688	1,151	1,142	1,358	933.08
Short-Term Investments	-	-	-	-	-	194.67
Trading Asset Securities	2.33	31.67	0.01	54.45	6.06	4.82
Cash & Short-Term Investments	1,027	1,720	1,151	1,196	1,364	1,133
Cash Growth	-24.24%	49.46%	-3.79%	-12.33%	20.47%	39.16%
Accounts Receivable	4,738	4,561	3,723	2,703	2,540	1,868
Other Receivables	121.72	96.18	99.03	145.7	135.54	154.7
Receivables	4,860	4,658	3,822	2,848	2,676	2,023
Inventory	364.21	329.06	365.34	384.02	452.85	504.96
Other Current Assets	248.15	147.27	95.79	122.78	129.7	137.41
Total Current Assets	6,498	6,854	5,433	4,551	4,623	3,798
Property, Plant & Equipment	444.92	464.81	610.23	602.95	503.37	782.14
Long-Term Investments	586	522.21	422.07	385	330.36	249.46
Goodwill	105.82	105.82	102.2	93.19	94.26	81.25
Other Intangible Assets	433.48	455.34	323.99	195.7	143.01	140.96
Long-Term Accounts Receivable	-	160.47	231.16	171.77	5.93	17.52
Long-Term Deferred Tax Assets	87.82	92.25	88.21	67.44	46.61	37.5
Long-Term Deferred Charges	55.46	36.64	33.44	67.03	33.48	16.31
Other Long-Term Assets	982.02	657.34	709.28	816.78	544.92	383.26
Total Assets	9,194	9,349	7,954	6,951	6,325	5,506
Accounts Payable	3,122	3,355	2,401	1,895	1,492	1,300
Accrued Expenses	18.98	115.14	178.25	120.35	121.34	104.53
Short-Term Debt	1,335	1,116	785.86	611.65	1,003	868.95
Current Portion of Long-Term Debt	257.5	242.04	200.16	68.55	19.95	3.23
Current Portion of Leases	-	22.58	11.38	0.12	3.7	-
Current Income Taxes Payable	34.99	21.9	24.28	17.74	44.02	30.88
Current Unearned Revenue	248.25	366.08	152.67	225.63	180.93	167.62
Other Current Liabilities	292.8	252.32	163.51	202.14	196.85	123.31
Total Current Liabilities	5,309	5,492	3,917	3,141	3,061	2,599
Long-Term Debt	859.53	1,296	1,459	1,225	1,110	729.27
Long-Term Leases	19.15	33.23	75.19	73.32	21.2	-
Long-Term Unearned Revenue	71.23	68.67	123.51	80.33	65.99	65.47
Long-Term Deferred Tax Liabilities	3.32	3.09	7.43	4.02	4.39	4.2
Other Long-Term Liabilities	125.93	124.09	84.83	68.74	10.99	151.61
Total Liabilities	6,389	7,016	5,667	4,593	4,274	3,549
Common Stock	1,022	853.75	858.06	862.3	801.07	797.36
Additional Paid-In Capital	1,032	493.02	507.51	488.41	238.14	252.78
Retained Earnings	527.85	569.65	514.25	550.31	556.17	499.63
Treasury Stock	-69.82	-30.24	-20.3	-30.92	-32.41	-49.98
Comprehensive Income & Other	10.41	165.35	163.25	158.03	158.04	158.89
Total Common Equity	2,523	2,052	2,023	2,028	1,721	1,659
Minority Interest	282.56	280.89	264.25	330.24	329.76	298.17
Shareholders' Equity	2,805	2,332	2,287	2,358	2,051	1,957
Total Liabilities & Equity	9,194	9,349	7,954	6,951	6,325	5,506
Total Debt	2,471	2,710	2,531	1,979	2,158	1,601
Net Cash (Debt)	-1,445	-989.61	-1,381	-782.59	-793.37	-468.87
Net Cash Per Share	-1.66	-1.15	-1.62	-0.92	-1.00	-0.57
Filing Date Shares Outstanding	903.1	848.95	868.13	917.08	794.61	787.56
Total Common Shares Outstanding	903.1	848.95	868.13	917.08	794.61	787.56
Working Capital	1,189	1,362	1,516	1,410	1,562	1,199
Book Value Per Share	2.79	2.42	2.33	2.21	2.17	2.11
Tangible Book Value	1,984	1,490	1,597	1,739	1,484	1,436
Tangible Book Value Per Share	2.20	1.76	1.84	1.90	1.87	1.82
Buildings	-	399.08	476.24	468.32	395.14	391.91
Machinery	-	264	261.15	262.9	263.38	246.08
Construction In Progress	-	17.36	62.57	58.73	40.65	337.23

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