SHE:002012 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	574.38	667.62	873.71	537.7	545.92	316.82
Short-Term Investments	-	-	-	10	-	34
Trading Asset Securities	259.6	160	40.86	169.63	165.25	228
Cash & Short-Term Investments	833.99	827.62	914.57	717.34	711.17	578.82
Cash Growth	-1.24%	-9.51%	27.50%	0.87%	22.86%	49.87%
Accounts Receivable	144.66	147.52	166.6	461.65	646.52	555.46
Other Receivables	3.81	28.77	35.94	12.39	10.48	6.89
Receivables	148.47	176.28	202.54	474.04	657	562.34
Inventory	185.21	125.77	191.42	332.53	315.96	396.7
Other Current Assets	41.54	16.12	16.72	60.07	26.65	37.91
Total Current Assets	1,209	1,146	1,325	1,584	1,711	1,576
Property, Plant & Equipment	98.01	104.87	117.64	370.93	365.07	407.45
Long-Term Investments	613.97	533.14	505.36	284	258.75	191.8
Other Intangible Assets	5.2	7.41	7.67	40.17	36.58	37.72
Long-Term Deferred Tax Assets	3.31	3.66	3.03	9.96	8.04	6.54
Other Long-Term Assets	5.79	4.58	1.31	11.93	35.72	18.63
Total Assets	1,935	1,799	1,960	2,301	2,415	2,238
Accounts Payable	79.95	44.51	97.97	179.1	187.49	187.81
Accrued Expenses	8.79	13.43	11.15	86.11	96.8	77.97
Short-Term Debt	59.15	12.16	110.1	141.21	211.87	288.53
Current Portion of Long-Term Debt	6.05	4.48	12.99	45.06	-	-
Current Portion of Leases	-	1.5	1.13	2.4	7.19	-
Current Income Taxes Payable	11.06	3.12	4.81	0.92	8.98	24.04
Current Unearned Revenue	34.07	0.68	0.69	9.71	4.5	10.05
Other Current Liabilities	7.94	2.1	1.78	61.56	28.66	23.32
Total Current Liabilities	207.01	81.97	240.61	526.07	545.49	611.71
Long-Term Debt	6.72	8.96	14.94	41.54	45.06	45.07
Long-Term Leases	0.21	1.22	0.04	1.65	2.35	-
Long-Term Unearned Revenue	7.53	7.21	7.25	15.98	13.49	12.38
Long-Term Deferred Tax Liabilities	0.04	0.01	0.02	0	9.08	-
Other Long-Term Liabilities	-	-	-	1.61	0.81	0.87
Total Liabilities	221.5	99.38	262.86	586.86	616.28	670.03
Common Stock	467.63	467.63	467.63	467.63	467.63	467.63
Additional Paid-In Capital	270.36	270.36	270.36	269.98	269.95	280.12
Retained Earnings	804.49	788.94	797.68	755.82	711.74	621.95
Total Common Equity	1,542	1,527	1,536	1,493	1,449	1,370
Minority Interest	171.51	173.15	161.73	220.67	349.34	198.19
Shareholders' Equity	1,714	1,700	1,697	1,714	1,799	1,568
Total Liabilities & Equity	1,935	1,799	1,960	2,301	2,415	2,238
Total Debt	72.12	28.31	139.19	231.85	266.47	333.6
Net Cash (Debt)	761.87	799.31	775.38	485.48	444.7	245.23
Net Cash Growth	-2.72%	3.09%	59.71%	9.17%	81.34%	18.31%
Net Cash Per Share	1.63	1.71	1.63	1.00	0.95	0.53
Filing Date Shares Outstanding	467.63	467.63	467.63	467.63	467.63	467.63
Total Common Shares Outstanding	467.63	467.63	467.63	467.63	467.63	467.63
Working Capital	1,002	1,064	1,085	1,058	1,165	964.06
Book Value Per Share	3.30	3.27	3.28	3.19	3.10	2.93
Tangible Book Value	1,537	1,520	1,528	1,453	1,413	1,332
Tangible Book Value Per Share	3.29	3.25	3.27	3.11	3.02	2.85
Buildings	-	117.3	120.61	431.19	423.44	389.23
Machinery	-	166.96	169.78	947.85	869.62	916.9
Construction In Progress	-	4.69	-	19.08	33.52	49.32

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