SHE:002052 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	289.33	328.41	11.03	36.65	14.64	67.72
Cash & Short-Term Investments	289.33	328.41	11.03	36.65	14.64	67.72
Cash Growth	1584.99%	2876.22%	-69.90%	150.40%	-78.39%	-33.15%
Accounts Receivable	133.76	457.87	79.5	99.99	100.06	218.14
Other Receivables	2.83	4.27	18.35	21.98	13.62	21
Receivables	136.59	462.14	97.85	121.97	113.68	239.14
Inventory	24.47	227.43	47.58	35.84	28.23	36.41
Other Current Assets	86.37	71.22	39.88	77.62	35.42	39.85
Total Current Assets	536.75	1,089	196.34	272.08	191.97	383.12
Property, Plant & Equipment	43.47	54.8	78.62	40.26	212.48	193.37
Long-Term Investments	36.54	36.54	41.52	51.68	55.91	90.33
Goodwill	2.01	2.01	4.1	1.94	-	-
Other Intangible Assets	4.77	5.09	5.52	5.95	22.3	22.64
Long-Term Deferred Charges	1.2	1.78	2.11	1.76	2.29	2.92
Other Long-Term Assets	43.32	50.23	59.9	67.58	0.78	1.01
Total Assets	668.07	1,240	388.11	441.27	485.74	693.39
Accounts Payable	74.12	804.58	36.4	31.86	35.57	84.52
Accrued Expenses	13.66	92.99	84.44	84.11	95.67	110.58
Short-Term Debt	-	107.19	121.46	96.08	141.13	123.3
Current Portion of Leases	8.51	9.81	10.57	2.55	4.21	-
Current Income Taxes Payable	8.14	1.18	0.01	0.01	0.42	0.63
Current Unearned Revenue	70.52	97.55	58.13	66	24.33	14.31
Other Current Liabilities	161.48	17.26	22.5	29.96	86.47	113.7
Total Current Liabilities	336.43	1,131	333.51	310.57	387.8	447.04
Long-Term Leases	4.65	8.14	15.32	7.14	17.59	-
Long-Term Unearned Revenue	3.27	4.33	7.18	8.91	14.13	15.24
Other Long-Term Liabilities	29.3	46.43	38.59	38.7	25.82	-
Total Liabilities	373.66	1,189	394.59	365.32	445.34	462.28
Common Stock	752.44	745.96	745.96	745.96	745.96	745.96
Additional Paid-In Capital	1,033	1,027	1,017	1,015	918.93	918.93
Retained Earnings	-1,459	-1,691	-1,760	-1,684	-1,637	-1,451
Comprehensive Income & Other	5.98	5.32	6.17	7.13	12.21	17.03
Total Common Equity	332.84	87.08	8.45	83.97	40.56	231.11
Minority Interest	-38.43	-36.91	-14.93	-8.02	-0.16	-
Shareholders' Equity	294.41	50.16	-6.48	75.95	40.4	231.11
Total Liabilities & Equity	668.07	1,240	388.11	441.27	485.74	693.39
Total Debt	13.17	125.14	147.35	105.78	162.93	123.3
Net Cash (Debt)	276.16	203.27	-136.31	-69.12	-148.29	-55.58
Net Cash Per Share	0.35	0.26	-0.18	-0.09	-0.20	-0.07
Filing Date Shares Outstanding	752.44	745.96	745.96	745.96	745.96	745.96
Total Common Shares Outstanding	752.44	745.96	745.96	745.96	745.96	745.96
Working Capital	200.32	-41.36	-137.16	-38.49	-195.83	-63.92
Book Value Per Share	0.44	0.12	0.01	0.11	0.05	0.31
Tangible Book Value	326.07	79.98	-1.17	76.07	18.26	208.47
Tangible Book Value Per Share	0.43	0.11	-0.00	0.10	0.02	0.28
Buildings	-	-	-	-	327.8	327.8
Machinery	-	89.16	91.97	63.11	109.32	107.05
Construction In Progress	-	-	3.5	0.69	0.6	0.74

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