SHE:000931 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	187.95	151.39	191.49	121.41	170.2	206.64
Trading Asset Securities	2.17	2.17	2.76	4.7	4.97	5.96
Cash & Short-Term Investments	190.12	153.57	194.25	126.11	175.16	212.6
Cash Growth	-2.50%	-20.95%	54.03%	-28.01%	-17.61%	-17.70%
Accounts Receivable	1,167	1,080	1,062	927.31	989.4	1,129
Other Receivables	46.69	54.76	22.97	21.84	56.34	59.46
Receivables	1,214	1,135	1,085	949.15	1,046	1,188
Inventory	202.07	214.34	279.11	248.18	228.3	479.54
Prepaid Expenses	-	3.19	3.33	1.54	1.43	-
Other Current Assets	135.1	102.93	156.62	133.41	132.33	115.44
Total Current Assets	1,741	1,609	1,719	1,458	1,583	1,996
Property, Plant & Equipment	1,249	1,247	1,274	1,333	1,343	894.29
Long-Term Investments	5.28	5.33	5.55	-0.23	12	12.22
Goodwill	224.37	224.36	220.49	211	211	212.2
Other Intangible Assets	117.24	128.53	112.46	121.84	127.72	137.54
Long-Term Accounts Receivable	-	-	-	16.95	17.71	-
Long-Term Deferred Tax Assets	102.37	99.67	118.08	128.85	24.92	25.13
Long-Term Deferred Charges	101.86	110.51	80.24	108.1	107.29	99.73
Other Long-Term Assets	275.19	288.09	250.07	265.24	270.5	77.91
Total Assets	3,816	3,712	3,780	3,643	3,697	3,455
Accounts Payable	387.35	414.82	302.43	325.12	362.3	343.29
Accrued Expenses	32.65	72.87	79.02	91.55	107.75	78.97
Short-Term Debt	510.44	424.54	391.41	400	453.15	500.47
Current Portion of Long-Term Debt	60.82	12.12	113.26	13.75	79.25	-
Current Portion of Leases	-	34.44	56.79	46.06	71.43	-
Current Income Taxes Payable	67.08	23.32	19.15	20.72	19.65	15.09
Current Unearned Revenue	81.4	93.85	138.16	95.65	132.28	33.64
Other Current Liabilities	230.62	303.67	421.89	313.19	186.35	384.45
Total Current Liabilities	1,370	1,380	1,522	1,306	1,412	1,356
Long-Term Debt	88	70.5	52.5	159.75	57.5	136.75
Long-Term Leases	299.61	301.93	328.91	370.49	345.32	-
Long-Term Unearned Revenue	32.83	32.96	17.65	18.25	21.85	29.57
Long-Term Deferred Tax Liabilities	68.3	71.88	87.14	100.1	4.52	5.2
Other Long-Term Liabilities	90.52	48.18	35.14	11.92	42.37	16.82
Total Liabilities	1,950	1,905	2,043	1,967	1,884	1,544
Common Stock	753.13	753.13	753.13	753.13	753.13	753.13
Additional Paid-In Capital	1,576	1,576	1,576	1,576	1,576	1,576
Retained Earnings	-663.86	-713.35	-766.94	-815.28	-716.25	-602.33
Comprehensive Income & Other	-27.43	-27.43	-27.43	-27.43	-27.43	-27.36
Total Common Equity	1,638	1,588	1,535	1,486	1,585	1,699
Minority Interest	228.63	218.63	201.35	190.22	228.01	211.37
Shareholders' Equity	1,866	1,807	1,736	1,677	1,813	1,911
Total Liabilities & Equity	3,816	3,712	3,780	3,643	3,697	3,455
Total Debt	958.88	843.53	942.88	990.04	1,007	637.22
Net Cash (Debt)	-768.75	-689.96	-748.62	-863.93	-831.49	-424.62
Net Cash Per Share	-1.02	-0.92	-0.99	-1.15	-1.10	-0.56
Filing Date Shares Outstanding	753.13	753.13	753.13	753.13	753.13	753.13
Total Common Shares Outstanding	753.13	753.13	753.13	753.13	753.13	753.13
Working Capital	370.65	228.94	196.54	152.35	170.8	640.14
Book Value Per Share	2.17	2.11	2.04	1.97	2.11	2.26
Tangible Book Value	1,296	1,235	1,202	1,154	1,247	1,350
Tangible Book Value Per Share	1.72	1.64	1.60	1.53	1.66	1.79
Buildings	-	966.23	1,004	988.46	968.01	808.96
Machinery	-	558.49	529.09	504.22	474.88	449.73
Construction In Progress	-	101.97	36.37	39.78	53.45	134.83

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