SHE:000911 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	231.33	761.28	1,427	1,025	1,661	896.53
Cash & Short-Term Investments	231.33	761.28	1,427	1,025	1,661	896.53
Cash Growth	-61.28%	-46.66%	39.20%	-38.27%	85.23%	31.75%
Accounts Receivable	347.94	367	661.65	900.09	748.08	736.12
Other Receivables	48.89	63.02	85.26	328.99	92.68	72.98
Receivables	396.84	430.02	746.91	1,229	840.77	809.88
Inventory	257.15	388.78	327.78	581.11	381.08	678.35
Other Current Assets	362.76	281.1	227.43	203.31	429.3	421.47
Total Current Assets	1,248	1,861	2,729	3,039	3,312	2,806
Property, Plant & Equipment	1,285	1,366	1,409	1,422	2,824	1,784
Long-Term Investments	34.45	36.43	35.17	216.21	219.53	224.33
Other Intangible Assets	403.79	415.95	431.71	446.31	475.09	472.35
Long-Term Deferred Tax Assets	27.32	27.57	23.56	16.54	8.88	8.1
Long-Term Deferred Charges	39.34	45.88	51.95	59.79	486.25	518.85
Other Long-Term Assets	39.13	23.49	10.83	14.44	10.79	11.38
Total Assets	3,077	3,777	4,691	5,214	7,336	5,825
Accounts Payable	204.2	530.08	465.1	475.29	531.74	915.38
Accrued Expenses	16.32	62.58	67.87	85.12	245.96	63.49
Short-Term Debt	2,219	2,356	3,364	3,272	3,244	3,037
Current Portion of Long-Term Debt	54.38	186.68	130.52	633.85	310	-
Current Portion of Leases	-	17.37	16.26	40.13	443.59	-
Current Income Taxes Payable	19.31	4.37	4.94	1.32	9.23	5.24
Current Unearned Revenue	105.94	105.49	49.39	134.6	106.16	543
Other Current Liabilities	126.12	95.55	73	57.21	116.21	227.6
Total Current Liabilities	2,745	3,358	4,171	4,700	5,007	4,792
Long-Term Debt	63.9	127.1	210.9	131.18	107.5	432
Long-Term Leases	6.81	4.69	18.2	28.62	1,176	-
Long-Term Unearned Revenue	50.52	60.09	75.69	91.85	292.98	332.67
Long-Term Deferred Tax Liabilities	5.15	5.39	7.28	9.78	2.78	2.71
Other Long-Term Liabilities	8.36	13.79	16.05	61.7	102.04	11.78
Total Liabilities	2,880	3,569	4,499	5,023	6,689	5,571
Common Stock	400.32	400.32	400.32	400.32	400.32	324.08
Additional Paid-In Capital	1,959	1,959	1,959	1,930	1,930	1,448
Retained Earnings	-2,240	-2,236	-2,263	-2,290	-1,833	-1,650
Comprehensive Income & Other	0.28	0.15	0.17	-	-	-
Total Common Equity	120.04	124.3	96.99	40.38	497.79	121.25
Minority Interest	77.28	83.45	95.36	150.82	149.82	132.47
Shareholders' Equity	197.32	207.75	192.35	191.2	647.61	253.73
Total Liabilities & Equity	3,077	3,777	4,691	5,214	7,336	5,825
Total Debt	2,344	2,692	3,739	4,106	5,282	3,469
Net Cash (Debt)	-2,112	-1,930	-2,312	-3,081	-3,621	-2,573
Net Cash Per Share	-5.29	-4.82	-5.78	-7.70	-11.17	-8.21
Filing Date Shares Outstanding	400.32	400.32	400.32	400.32	400.32	324.08
Total Common Shares Outstanding	400.32	400.32	400.32	400.32	400.32	324.08
Working Capital	-1,497	-1,497	-1,441	-1,661	-1,696	-1,986
Book Value Per Share	0.30	0.31	0.24	0.10	1.24	0.37
Tangible Book Value	-283.75	-291.65	-334.72	-405.93	22.7	-351.09
Tangible Book Value Per Share	-0.71	-0.73	-0.84	-1.01	0.06	-1.08
Buildings	-	940.8	808.33	798.38	888.31	941.92
Machinery	-	2,480	2,388	2,398	2,919	3,050
Construction In Progress	-	24.14	198.6	84.3	6.28	-

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