SHE:000420 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,299	1,029	677.24	894.57	741.01	888.61
Short-Term Investments	-	-	-	-	-	72.26
Cash & Short-Term Investments	1,299	1,029	677.24	894.57	741.01	960.87
Cash Growth	31.17%	51.98%	-24.30%	20.72%	-22.88%	-0.08%
Accounts Receivable	868.33	975.66	912.24	751.04	479.1	508.77
Other Receivables	31.18	32.52	39.76	58.6	30.61	11.77
Receivables	899.52	1,008	952	809.65	509.71	520.55
Inventory	816.01	683.92	675.25	455.88	794.8	730.86
Prepaid Expenses	-	2.78	2.72	2.28	-	-
Other Current Assets	467.11	180.38	115.13	203.83	187.88	158.73
Total Current Assets	3,482	2,905	2,422	2,366	2,233	2,371
Property, Plant & Equipment	8,726	7,903	6,802	6,760	5,631	5,537
Long-Term Investments	763.26	786.95	801.82	843.62	489.59	343.32
Other Intangible Assets	353.64	360.54	243.22	212.87	221.26	232.85
Long-Term Deferred Tax Assets	85.11	93.36	91.37	71.2	71.29	70.01
Long-Term Deferred Charges	174.94	178.81	183.39	90.69	3.92	0.43
Other Long-Term Assets	114.54	450.65	142.17	169.31	121.73	133.8
Total Assets	13,699	12,678	10,686	10,514	8,773	8,688
Accounts Payable	2,817	2,631	1,985	2,492	2,339	1,900
Accrued Expenses	1.22	21.96	28.42	79.53	101.4	192.39
Short-Term Debt	3,762	2,905	2,399	1,970	2,127	2,359
Current Portion of Long-Term Debt	684.53	300.72	207.87	291.36	403.15	258.11
Current Portion of Leases	-	66.81	67.16	117.41	58.24	132.09
Current Income Taxes Payable	17.56	1.08	-	-	-	3.05
Current Unearned Revenue	47.47	42.39	28.82	16.34	72.52	103.32
Other Current Liabilities	51.62	65.67	77.6	104.03	98.84	33.32
Total Current Liabilities	7,381	6,035	4,793	5,070	5,200	4,982
Long-Term Debt	1,119	1,443	1,248	774.6	501.5	482.5
Long-Term Leases	253.59	279.75	256.8	310.33	83.55	81.49
Long-Term Unearned Revenue	23.69	24.24	25.28	28.45	29.51	30.46
Other Long-Term Liabilities	-	4.19	-	-	-	-
Total Liabilities	8,777	7,786	6,323	6,184	5,815	5,576
Common Stock	2,459	2,459	2,459	2,459	2,168	2,168
Additional Paid-In Capital	2,347	2,347	2,347	2,347	1,456	1,517
Retained Earnings	-383.24	-415.89	-443.6	-475.78	-661.82	-583.39
Total Common Equity	4,423	4,390	4,363	4,331	2,963	3,102
Minority Interest	498.71	501.17	-	-	-4.97	10.41
Shareholders' Equity	4,922	4,892	4,363	4,331	2,958	3,112
Total Liabilities & Equity	13,699	12,678	10,686	10,514	8,773	8,688
Total Debt	5,819	4,995	4,179	3,464	3,174	3,314
Net Cash (Debt)	-4,520	-3,966	-3,501	-2,569	-2,433	-2,353
Net Cash Per Share	-1.85	-1.62	-1.43	-1.12	-1.12	-1.09
Filing Date Shares Outstanding	2,459	2,459	2,465	2,459	2,168	2,168
Total Common Shares Outstanding	2,459	2,459	2,465	2,459	2,168	2,168
Working Capital	-3,900	-3,131	-2,371	-2,704	-2,967	-2,611
Book Value Per Share	1.80	1.79	1.77	1.76	1.37	1.43
Tangible Book Value	4,069	4,030	4,120	4,118	2,742	2,869
Tangible Book Value Per Share	1.66	1.64	1.67	1.67	1.26	1.32
Buildings	-	2,628	2,217	2,212	1,982	1,752
Machinery	-	8,086	7,361	6,495	5,758	4,825
Construction In Progress	-	909.24	426.83	613.4	254.43	1,002

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