SHE:300124 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	6,908	3,558	8,487	7,438	3,951	3,041
Short-Term Investments	2,217	448.49	103.45	-	-	-
Trading Asset Securities	2,795	1,783	671.89	2,008	2,075	1,270
Cash & Short-Term Investments	11,920	5,790	9,262	9,446	6,026	4,311
Cash Growth	164.08%	-37.49%	-1.95%	56.76%	39.78%	15.35%
Accounts Receivable	17,355	16,696	14,836	9,848	7,220	5,361
Other Receivables	538.17	381.51	321.71	223.91	108.25	75.78
Receivables	17,893	17,078	15,157	10,072	7,328	5,437
Inventory	8,512	6,956	6,248	5,482	4,214	2,420
Other Current Assets	1,376	627.66	579.87	912.19	850.09	290.91
Total Current Assets	39,700	30,451	31,247	25,913	18,418	12,458
Property, Plant & Equipment	10,110	8,188	6,822	4,826	2,870	1,962
Long-Term Investments	5,300	12,938	5,938	3,974	2,358	1,159
Goodwill	2,155	2,154	2,161	1,975	1,921	1,964
Other Intangible Assets	893.7	807.72	797.44	711.64	583.94	497.87
Long-Term Accounts Receivable	-	228.54	155.35	157.05	106.62	83.08
Long-Term Deferred Tax Assets	1,092	856.05	752.68	674.01	581.5	299.38
Long-Term Deferred Charges	309.8	434.61	309.98	172.26	164.99	121.02
Other Long-Term Assets	8,241	1,122	773.46	808.97	298.72	103.09
Total Assets	67,802	57,179	48,958	39,212	27,303	18,648
Accounts Payable	19,375	16,998	12,311	9,330	6,366	3,799
Accrued Expenses	930.56	2,203	1,841	1,538	1,220	794.86
Short-Term Debt	764.72	479.19	804.27	2,074	404.59	331.09
Current Portion of Long-Term Debt	861	712.95	1,030	989.74	830.47	-
Current Portion of Leases	-	89.22	46.24	38.79	13.49	-
Current Income Taxes Payable	380.08	144.96	127.71	13.07	44.21	106.36
Current Unearned Revenue	878.8	903.18	870.69	987.13	580.19	358.74
Other Current Liabilities	2,728	1,843	2,613	1,089	537.46	564.18
Total Current Liabilities	25,918	23,374	19,644	16,059	9,996	5,954
Long-Term Debt	2,931	2,874	2,345	1,796	597.01	1,424
Long-Term Leases	218.11	146.66	86.63	90.01	18.01	-
Long-Term Unearned Revenue	371.38	374.2	282.2	268.06	112.77	106.07
Pension & Post-Retirement Benefits	15.01	13.11	11.98	-	-	-
Long-Term Deferred Tax Liabilities	233.41	245.82	261.62	189.9	69.19	32.99
Other Long-Term Liabilities	2,017	1,722	1,325	696.38	180.5	115.19
Total Liabilities	31,704	28,750	23,957	19,100	10,974	7,632
Common Stock	2,706	2,692	2,677	2,659	2,635	1,720
Additional Paid-In Capital	9,294	6,147	5,670	4,775	4,211	2,834
Retained Earnings	22,566	19,439	16,358	12,574	9,044	6,090
Treasury Stock	-201.38	-260.93	-237.72	-205.6	-	-
Comprehensive Income & Other	12.7	-23.26	14.47	13.88	-6.44	-5.84
Total Common Equity	34,377	27,994	24,482	19,816	15,883	10,637
Minority Interest	1,721	434.75	519.1	295.66	446.39	378.2
Shareholders' Equity	36,098	28,429	25,001	20,112	16,330	11,016
Total Liabilities & Equity	67,802	57,179	48,958	39,212	27,303	18,648
Total Debt	4,775	4,302	4,312	4,989	1,864	1,755
Net Cash (Debt)	7,145	1,487	4,950	4,457	4,162	2,556
Net Cash Growth	4273.68%	-69.95%	11.05%	7.09%	62.81%	28.36%
Net Cash Per Share	2.65	0.56	1.86	1.68	1.58	0.99
Filing Date Shares Outstanding	2,680	2,694	2,689	2,658	2,632	2,580
Total Common Shares Outstanding	2,680	2,694	2,689	2,656	2,635	2,580
Working Capital	13,782	7,077	11,604	9,853	8,422	6,504
Book Value Per Share	12.83	10.39	9.10	7.46	6.03	4.12
Tangible Book Value	31,328	25,033	21,523	17,130	13,379	8,175
Tangible Book Value Per Share	11.69	9.29	8.00	6.45	5.08	3.17
Land	-	40.26	44.95	-	-	-
Buildings	-	4,176	2,772	1,779	1,349	700.94
Machinery	-	4,938	3,599	2,341	1,730	1,402
Construction In Progress	-	919.46	1,968	1,748	679.71	611.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.