SHE:000506 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	236.56	90.56	5.23	7.82	10.17	124.57
Short-Term Investments	-	-	-	4.01	4.01	29.57
Cash & Short-Term Investments	236.56	90.56	5.23	11.83	14.18	154.13
Cash Growth	6051.99%	1633.01%	-55.84%	-16.56%	-90.80%	52.48%
Accounts Receivable	-	77.67	1.3	19.73	10.86	5.44
Other Receivables	40.74	85.21	127.92	128.76	47.51	48.04
Receivables	40.74	162.87	129.22	148.49	58.36	53.48
Inventory	113.23	69.24	83.29	188.25	180.45	577.67
Prepaid Expenses	-	-	-	0.96	0.96	-
Other Current Assets	67.45	134.48	11.67	36.62	118.96	79.93
Total Current Assets	457.98	457.16	229.4	386.15	372.93	865.2
Property, Plant & Equipment	669.41	635.85	579.34	561.26	525.89	554.61
Long-Term Investments	27.05	26.7	55.98	49.9	45.88	48.02
Other Intangible Assets	48.38	1,300	1,308	61.95	68.4	149.26
Long-Term Deferred Tax Assets	-	-	-	35.34	31.12	41.74
Other Long-Term Assets	231.7	102.62	124.3	623.1	643.81	664.3
Total Assets	1,435	2,523	2,297	1,718	1,688	2,323
Accounts Payable	109.06	82.53	70.54	124.15	149.15	134.14
Accrued Expenses	26.08	187.85	149.08	169.51	186.56	179.19
Short-Term Debt	285.25	568.37	444.15	412.27	270.36	301.33
Current Portion of Long-Term Debt	66.32	-	-	-	368.06	435.45
Current Portion of Leases	-	2.79	2.81	2.71	9.26	-
Current Income Taxes Payable	0.78	-	-	-	-	0.2
Current Unearned Revenue	13.07	89.66	30.38	74.78	60.94	533.43
Other Current Liabilities	240.06	407.93	210.04	132.23	208.64	139.68
Total Current Liabilities	740.62	1,339	906.99	915.65	1,253	1,723
Long-Term Leases	5.64	6.68	10.14	10.71	3.31	-
Long-Term Unearned Revenue	34.9	-	52.54	69.75	-	-
Long-Term Deferred Tax Liabilities	-	-	-	2.44	2.72	3
Other Long-Term Liabilities	1.33	35.61	27.91	47	27.5	23.07
Total Liabilities	782.49	1,381	997.58	1,046	1,286	1,749
Common Stock	929.02	929.02	929.02	929.02	929.02	929.02
Additional Paid-In Capital	63.2	51.26	51.26	51.26	51.26	51.26
Retained Earnings	-356.62	-438.78	-311.36	-311.47	-564.47	-435.36
Comprehensive Income & Other	4.73	-12.09	4.52	-26.5	-41.19	-10.25
Total Common Equity	640.33	529.41	673.45	642.31	374.62	534.66
Minority Interest	11.87	611.93	625.56	29.84	26.91	38.97
Shareholders' Equity	652.2	1,141	1,299	672.14	401.54	573.64
Total Liabilities & Equity	1,435	2,523	2,297	1,718	1,688	2,323
Total Debt	357.21	577.84	457.09	425.7	650.98	736.78
Net Cash (Debt)	-120.65	-487.27	-451.87	-413.86	-636.8	-582.64
Net Cash Per Share	-0.13	-0.54	-0.68	-0.45	-0.69	-0.63
Filing Date Shares Outstanding	929.02	929.02	929.02	929.02	929.02	929.02
Total Common Shares Outstanding	929.02	929.02	929.02	929.02	929.02	929.02
Working Capital	-282.64	-881.97	-677.59	-529.5	-880.03	-858.21
Book Value Per Share	0.69	0.57	0.72	0.69	0.40	0.58
Tangible Book Value	591.95	-771.02	-634.11	580.36	306.23	385.41
Tangible Book Value Per Share	0.64	-0.83	-0.68	0.62	0.33	0.41
Buildings	-	88.67	76.38	77.08	38.7	94.37
Machinery	-	428.53	433.37	405.61	330.61	362.82
Construction In Progress	-	59.03	24.17	20.27	85.11	83.52

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