SHE:000008 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	442.44	822.83	447.88	584.82	1,118	778.48
Trading Asset Securities	-	-	-	-	-	12.25
Cash & Short-Term Investments	442.44	822.83	447.88	584.82	1,118	790.73
Cash Growth	-24.46%	83.72%	-23.42%	-47.70%	41.41%	-39.80%
Accounts Receivable	2,193	2,574	3,025	2,868	3,352	3,797
Other Receivables	82.17	70.12	189.86	91.14	105.89	117.67
Receivables	2,275	2,644	3,215	2,959	3,458	3,915
Inventory	762.86	725.93	797.19	1,055	1,116	1,083
Prepaid Expenses	-	4.57	7.4	4.24	2.25	-
Other Current Assets	203.65	257.6	405.75	455.01	414.41	388.5
Total Current Assets	3,684	4,455	4,873	5,058	6,110	6,178
Property, Plant & Equipment	1,518	1,529	1,508	1,394	1,215	482.03
Long-Term Investments	1,331	1,361	1,434	1,663	1,649	2,195
Goodwill	2,245	2,245	2,383	2,662	2,940	3,024
Other Intangible Assets	138.98	167.08	201.42	256.65	307.67	334.79
Long-Term Accounts Receivable	1.14	1.18	1.23	1.22	1.62	416.85
Long-Term Deferred Tax Assets	187.26	190.95	231.01	173.33	115.6	116.75
Long-Term Deferred Charges	1.51	4.8	4.73	14	29.35	26.21
Other Long-Term Assets	3.09	3.22	18.89	25.62	17.34	55.05
Total Assets	9,110	9,957	10,655	11,248	12,385	12,828
Accounts Payable	1,193	1,462	1,365	1,438	1,467	1,106
Accrued Expenses	41.31	166.01	174.92	158.99	135.47	167.14
Short-Term Debt	1,434	2,332	2,842	2,099	3,068	2,521
Current Portion of Long-Term Debt	272.82	117.85	549.92	905.99	5	-
Current Portion of Leases	-	33.29	60.48	48.19	26.7	-
Current Income Taxes Payable	16.15	3.03	10.54	15.44	21.46	49.89
Current Unearned Revenue	982.16	998.94	1,105	973.33	640.22	368.84
Other Current Liabilities	182.56	305.57	316.01	249.97	174.64	372.56
Total Current Liabilities	4,122	5,419	6,424	5,889	5,538	4,585
Long-Term Debt	1,704	1,143	193.63	580.11	1,383	1,362
Long-Term Leases	131.36	127.78	190.9	149.46	29.99	156.29
Long-Term Unearned Revenue	5.37	2.79	11.44	9.99	22.67	19.88
Long-Term Deferred Tax Liabilities	46.62	47.97	57.67	24.79	31.34	30.33
Other Long-Term Liabilities	82.01	108.11	123.9	114.2	43.85	6.2
Total Liabilities	6,091	6,849	7,001	6,768	7,049	6,160
Common Stock	2,716	2,716	2,716	2,781	2,781	2,781
Additional Paid-In Capital	2,627	2,641	2,620	2,792	2,788	2,791
Retained Earnings	-2,445	-2,358	-1,813	-984.75	-138.49	1,201
Treasury Stock	-	-	-	-234.98	-234.98	-234.98
Comprehensive Income & Other	32.74	31.97	28.68	23.36	7.28	6.76
Total Common Equity	2,931	3,031	3,552	4,376	5,202	6,545
Minority Interest	88.23	77.3	102.58	103.9	133.66	123.94
Shareholders' Equity	3,019	3,108	3,654	4,480	5,336	6,669
Total Liabilities & Equity	9,110	9,957	10,655	11,248	12,385	12,828
Total Debt	3,541	3,754	3,837	3,783	4,512	4,039
Net Cash (Debt)	-3,099	-2,931	-3,389	-3,198	-3,394	-3,248
Net Cash Per Share	-1.14	-1.08	-1.27	-1.17	-1.34	-1.20
Filing Date Shares Outstanding	2,716	2,716	2,716	2,716	2,716	2,716
Total Common Shares Outstanding	2,716	2,716	2,716	2,716	2,716	2,716
Working Capital	-437.47	-964.46	-1,551	-830.96	571.16	1,592
Book Value Per Share	1.08	1.12	1.31	1.61	1.92	2.41
Tangible Book Value	547.33	618.89	967.32	1,458	1,955	3,186
Tangible Book Value Per Share	0.20	0.23	0.36	0.54	0.72	1.17
Buildings	-	321.82	319.95	234.74	234.19	234.92
Machinery	-	462.45	489.86	462.08	408.5	408.54
Construction In Progress	-	889.3	805.72	837.76	746.82	31.52

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