SHE:002009 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	523.07	751.53	939.96	847.66	950.77	855.96
Trading Asset Securities	140.15	138.98	38.69	162.31	38.42	166.97
Cash & Short-Term Investments	663.23	890.51	978.65	1,010	989.19	1,023
Cash Growth	-14.07%	-9.01%	-3.10%	2.10%	-3.30%	-10.02%
Accounts Receivable	1,711	1,791	1,985	2,131	1,909	1,899
Other Receivables	131.42	125.33	130.21	75.77	148.24	154.12
Receivables	1,842	1,916	2,115	2,207	2,057	2,053
Inventory	564.4	570.12	729.89	1,359	1,083	877.54
Prepaid Expenses	-	-	-	-	-	17.49
Other Current Assets	198.15	273.91	200.17	268.03	202.97	161.62
Total Current Assets	3,268	3,651	4,024	4,844	4,332	4,133
Property, Plant & Equipment	951.24	939.53	1,180	1,175	894.65	788.87
Long-Term Investments	475.53	434.37	377.59	385.89	129.09	122.41
Goodwill	361.18	361.18	380.88	396.13	421.86	421.86
Other Intangible Assets	211.42	211.24	244.37	319.52	356.6	337.52
Long-Term Deferred Tax Assets	144.74	145.09	128.99	54.23	43.26	40.77
Long-Term Deferred Charges	34.2	34.33	73.28	66.02	37.16	52.93
Other Long-Term Assets	63.7	63.57	83.19	22.36	8.83	24.77
Total Assets	5,510	5,840	6,492	7,264	6,223	5,922
Accounts Payable	1,266	1,379	1,630	1,875	1,641	1,666
Accrued Expenses	33.96	64.89	70.85	87.41	88.46	88.46
Short-Term Debt	1,263	1,334	1,036	1,849	1,497	1,516
Current Portion of Long-Term Debt	409.55	306.74	482.46	114.45	97.83	67.23
Current Portion of Leases	-	3	6.71	5.46	25.71	-
Current Income Taxes Payable	8.31	10.68	1.14	10.82	8.86	8.25
Current Unearned Revenue	118.54	217.59	193.02	157.05	217.11	188.82
Other Current Liabilities	124.29	206.69	322.19	288.86	199.88	95.12
Total Current Liabilities	3,223	3,523	3,742	4,388	3,776	3,631
Long-Term Debt	154.49	326.25	482.53	505.96	185.78	115
Long-Term Leases	5.33	4.6	27.92	7.12	5.57	43.61
Long-Term Unearned Revenue	51.37	45.41	44.15	54.8	56.58	48.06
Long-Term Deferred Tax Liabilities	4.8	4.99	12.02	5.88	1.44	1.05
Other Long-Term Liabilities	63.7	-	-	1	-	-
Total Liabilities	3,503	3,904	4,309	4,963	4,025	3,838
Common Stock	402.23	402.23	407.77	380.72	379.3	370.55
Additional Paid-In Capital	974.66	978.41	924.49	632.79	718.37	661.82
Retained Earnings	600.84	533.64	796.59	1,217	1,029	896.99
Treasury Stock	-	-	-32.95	-48	-52.15	-
Comprehensive Income & Other	24.74	21.46	14.2	9.11	1.37	2.7
Total Common Equity	2,002	1,936	2,110	2,191	2,076	1,932
Minority Interest	4.72	0.65	73.12	109.72	122.12	151.55
Shareholders' Equity	2,007	1,936	2,183	2,301	2,198	2,084
Total Liabilities & Equity	5,510	5,840	6,492	7,264	6,223	5,922
Total Debt	1,832	1,975	2,035	2,482	1,812	1,742
Net Cash (Debt)	-1,169	-1,084	-1,056	-1,472	-822.79	-719.36
Net Cash Per Share	-2.99	-2.68	-2.77	-3.95	-2.24	-1.89
Filing Date Shares Outstanding	402.23	402.23	407.77	380.72	379.3	370.55
Total Common Shares Outstanding	402.23	402.23	407.77	380.72	379.3	370.55
Working Capital	44.89	128.33	281.84	456.19	556.4	502.18
Book Value Per Share	4.98	4.81	5.17	5.76	5.47	5.21
Tangible Book Value	1,430	1,363	1,485	1,476	1,298	1,173
Tangible Book Value Per Share	3.55	3.39	3.64	3.88	3.42	3.16
Buildings	-	752.88	1,014	874.3	841.3	801.51
Machinery	-	1,053	1,110	973.62	887.96	846.09
Construction In Progress	-	73.46	50.53	340.33	150.93	53.19

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