SHE:300867 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	141.24	159.39	87.01	363.32	99.58	256.93
Short-Term Investments	-	0.5	-	-	-	-
Trading Asset Securities	76.2	4.95	49.35	16.51	263.54	703.5
Accounts Receivable	1,390	1,359	1,144	869.44	880.06	444.25
Other Receivables	30.83	10.14	7.42	13.31	11.94	6.81
Inventory	54.76	56.08	60.26	60.54	46.22	25.51
Other Current Assets	199.45	200.33	224.01	246.47	219.76	170.51
Total Current Assets	1,892	1,791	1,572	1,570	1,521	1,608
Property, Plant & Equipment	716.3	608.94	556.57	552.63	517.39	2,242
Other Intangible Assets	5,463	5,609	5,726	5,666	5,284	2,843
Long-Term Investments	16.88	19.6	18.52	402.62	325.5	27.04
Long-Term Deferred Tax Assets	96.33	89.68	60.08	39.95	30.77	27.57
Long-Term Deferred Charges	87.09	93.49	101.08	98.63	84.63	83.54
Other Long-Term Assets	509.33	490.91	469.22	80.8	57.12	103.22
Total Assets	8,781	8,702	8,504	8,410	7,820	6,934
Accounts Payable	366.03	556.34	717.62	713.02	759.89	754.3
Accrued Expenses	34.17	49.57	40.03	40.64	34.65	41.77
Short-Term Debt	125.17	156.23	145.89	57.56	25.84	-
Current Portion of Long-Term Debt	704.46	700.4	669.46	584.04	440.51	385.52
Current Unearned Revenue	1.79	1.7	0.55	-	-	-
Current Portion of Leases	-	1.71	1.7	1.66	0.19	-
Current Income Taxes Payable	53.98	36.35	32.73	23.14	18.45	18.6
Other Current Liabilities	68.38	7.43	6.67	7.13	9.48	22.29
Total Current Liabilities	1,354	1,510	1,615	1,427	1,289	1,222
Long-Term Debt	3,376	3,358	3,253	3,489	3,207	2,736
Long-Term Leases	6	7.42	9.28	11.25	3.37	-
Long-Term Unearned Revenue	41.59	42.8	35.38	35.1	27.85	19.44
Long-Term Deferred Tax Liabilities	26	23.07	21.83	24.86	22.77	0.45
Other Long-Term Liabilities	101.65	85.98	71.45	55.48	42.53	228.64
Total Liabilities	4,905	5,027	5,005	5,043	4,592	4,207
Common Stock	271.74	271.74	271.74	271.74	271.74	271.74
Additional Paid-In Capital	1,413	1,413	1,413	1,414	1,414	1,402
Retained Earnings	2,163	1,970	1,803	1,675	1,543	1,054
Comprehensive Income & Other	24.32	16.07	7.58	0.69	-	-
Total Common Equity	3,872	3,671	3,495	3,361	3,228	2,727
Minority Interest	4.1	3.81	2.78	5.77	0.08	-0.01
Shareholders' Equity	3,877	3,675	3,498	3,367	3,228	2,727
Total Liabilities & Equity	8,781	8,702	8,504	8,410	7,820	6,934
Total Debt	4,211	4,224	4,079	4,144	3,676	3,121
Net Cash (Debt)	-3,994	-4,059	-3,943	-3,764	-3,313	-2,161
Net Cash Per Share	-14.70	-14.94	-14.51	-13.85	-12.19	-9.54
Filing Date Shares Outstanding	271.74	271.74	271.74	271.74	271.74	271.74
Total Common Shares Outstanding	271.74	271.74	271.74	271.74	271.74	271.74
Working Capital	538.23	281	-42.46	142.39	232.09	385.04
Book Value Per Share	14.25	13.51	12.86	12.37	11.88	10.04
Tangible Book Value	-1,591	-1,937	-2,231	-2,305	-2,056	-116.07
Tangible Book Value Per Share	-5.85	-7.13	-8.21	-8.48	-7.56	-0.43
Buildings	-	294.37	294.13	292.67	283.02	279.2
Machinery	-	371.42	363.39	344.83	315.07	298.36
Construction In Progress	-	108.81	34.99	19.17	8.18	1,735

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