SHE:300450 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	5,460	4,230	3,669	6,169	2,865	2,738
Short-Term Investments	-	106.18	128.39	214.76	270.63	-
Trading Asset Securities	1,117	432.28	60.02	301.11	3,188	323.28
Cash & Short-Term Investments	6,577	4,768	3,857	6,685	6,324	3,061
Cash Growth	113.31%	23.62%	-42.30%	5.70%	106.59%	23.15%
Accounts Receivable	10,321	11,094	12,871	9,273	6,178	4,240
Other Receivables	92.04	98.52	102.51	99.18	47.54	27.04
Receivables	10,413	11,192	12,973	9,372	6,225	4,267
Inventory	14,862	13,580	13,207	12,405	7,776	2,874
Other Current Assets	1,406	1,031	652.28	513.27	324.4	111.33
Total Current Assets	33,259	30,571	30,690	28,975	20,650	10,314
Property, Plant & Equipment	2,959	2,774	1,977	1,630	1,523	791.03
Long-Term Investments	5	5	-	-	-	-
Goodwill	1,087	1,087	1,087	1,087	1,088	1,089
Other Intangible Assets	551.32	622.49	602.15	524.24	303.33	156.67
Long-Term Deferred Tax Assets	594.04	680.73	472.66	299.48	125.48	85.85
Long-Term Deferred Charges	584.07	442.13	462.06	459.63	309.08	224.15
Other Long-Term Assets	-	0.22	2.86	1.98	0.75	1.39
Total Assets	39,040	36,183	35,293	32,977	24,000	12,662
Accounts Payable	8,198	6,946	8,959	9,945	9,271	3,976
Accrued Expenses	467.05	721.64	903.43	778.27	539.35	370.88
Short-Term Debt	305.72	1,667	184.17	-	33	348.15
Current Portion of Long-Term Debt	655.31	119.58	-	-	-	-
Current Portion of Leases	-	120.94	130.69	107.09	139.81	-
Current Income Taxes Payable	73.86	16.9	51.01	143.46	71.87	28.69
Current Unearned Revenue	13,295	11,597	12,573	10,131	3,863	1,904
Other Current Liabilities	315.68	475.7	188.99	304.32	236.57	358.71
Total Current Liabilities	23,311	21,665	22,990	21,410	14,154	6,987
Long-Term Debt	2,383	2,477	-	-	-	-
Long-Term Leases	410.18	275.73	309.9	306.64	319.46	-
Long-Term Unearned Revenue	117.62	97.76	73.12	62.03	53.69	54.79
Long-Term Deferred Tax Liabilities	116.84	88.43	72.91	73.55	3.94	5.43
Total Liabilities	26,338	24,603	23,446	21,852	14,531	7,047
Common Stock	1,566	1,566	1,566	1,566	1,564	907.32
Additional Paid-In Capital	4,162	4,133	4,130	3,859	3,884	2,007
Retained Earnings	7,357	6,258	6,505	5,571	4,034	2,721
Treasury Stock	-346.26	-350.02	-350.02	-	-9.44	-20.65
Comprehensive Income & Other	3.96	-9.61	-2.98	128.22	-3	0.13
Total Common Equity	12,743	11,598	11,848	11,125	9,469	5,615
Minority Interest	-41.66	-18.15	-0.87	-	-	-
Shareholders' Equity	12,702	11,579	11,847	11,125	9,469	5,615
Total Liabilities & Equity	39,040	36,183	35,293	32,977	24,000	12,662
Total Debt	3,754	4,659	624.76	413.73	492.27	348.15
Net Cash (Debt)	2,823	108.61	3,232	6,271	5,832	2,713
Net Cash Growth	-	-96.64%	-48.45%	7.53%	114.95%	160.67%
Net Cash Per Share	1.81	0.07	2.06	4.01	4.72	1.92
Filing Date Shares Outstanding	1,555	1,555	1,555	1,566	1,564	1,452
Total Common Shares Outstanding	1,555	1,555	1,555	1,566	1,564	1,452
Working Capital	9,949	8,906	7,700	7,566	6,496	3,327
Book Value Per Share	8.19	7.46	7.62	7.10	6.06	3.87
Tangible Book Value	11,105	9,888	10,160	9,514	8,078	4,369
Tangible Book Value Per Share	7.14	6.36	6.53	6.07	5.17	3.01
Land	-	11.73	12.96	12.2	-	-
Buildings	-	1,802	881.65	775.18	596.12	596.12
Machinery	-	727.86	665.14	609.02	511.1	316.11
Construction In Progress	-	423.92	439.3	178.07	214.88	58.5

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