SHE:002094 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	300.48	591.71	749.51	1,104	1,225	1,435
Short-Term Investments	-	560.74	561.91	175.4	182.81	105.59
Trading Asset Securities	0.03	0.02	0.03	0.45	4.15	41.65
Cash & Short-Term Investments	300.51	1,152	1,311	1,280	1,412	1,582
Cash Growth	-54.87%	-12.12%	2.45%	-9.32%	-10.77%	-17.52%
Accounts Receivable	439.26	392.3	272.98	180.05	575.35	544.14
Other Receivables	152.46	140.94	123.91	243.32	73.81	104.56
Receivables	591.72	533.24	396.9	425.02	653.65	648.7
Inventory	457.04	399.93	333.28	429.59	635.6	809.24
Prepaid Expenses	-	10.76	16.11	22.85	40.45	50.15
Restricted Cash	-	-	-	11.4	16.44	-
Other Current Assets	765.78	46.79	58.34	98.96	600.06	451.65
Total Current Assets	2,115	2,143	2,116	2,268	3,358	3,542
Property, Plant & Equipment	334.84	331.13	342.51	285.3	300.49	229.75
Long-Term Investments	592.6	564.04	558.83	519.48	544.57	676.09
Goodwill	14.78	14.78	47.8	59.06	149.94	149.94
Other Intangible Assets	108.95	25.34	29.13	33.91	75.29	84.47
Long-Term Deferred Tax Assets	24.06	23.23	30.99	35.29	121.17	106.73
Long-Term Deferred Charges	1.07	1.25	3.57	7.67	8.08	5.32
Other Long-Term Assets	2.51	17.76	25.67	27.16	11.65	11.42
Total Assets	3,194	3,121	3,155	3,236	4,569	4,806
Accounts Payable	396.78	399.9	416.56	543.07	810.66	558.71
Accrued Expenses	11.71	39.24	34.74	46.03	107.8	97.24
Short-Term Debt	1,052	1,061	1,159	925.09	771.36	813.42
Current Portion of Long-Term Debt	16.34	44.07	-	-	130.19	11.06
Current Portion of Leases	-	9.52	12.71	14.51	15.93	-
Current Income Taxes Payable	22.33	7.39	7.94	2.72	18.62	2.4
Current Unearned Revenue	38.51	34.17	33.06	35.88	204.31	150.36
Other Current Liabilities	42.98	21.82	20.72	179.12	46.32	240.61
Total Current Liabilities	1,580	1,617	1,685	1,746	2,105	1,874
Long-Term Debt	4	6.01	-	-	-	130
Long-Term Leases	44.8	1.78	7.19	19.92	8.76	21.5
Long-Term Deferred Tax Liabilities	6.62	4.08	1.73	3.01	6.99	11.66
Total Liabilities	1,636	1,629	1,694	1,769	2,121	2,037
Common Stock	690.9	690.9	690.9	690.9	690.9	690.9
Additional Paid-In Capital	1,093	1,093	1,093	1,093	1,093	1,118
Retained Earnings	-211.88	-161.96	-197.07	-188.05	651.71	635.37
Comprehensive Income & Other	-26.47	-152.66	-155.01	-162.91	-212.21	21
Total Common Equity	1,546	1,470	1,432	1,433	2,224	2,465
Minority Interest	12.1	22.23	28.65	33.09	224.27	303.13
Shareholders' Equity	1,558	1,492	1,461	1,466	2,448	2,769
Total Liabilities & Equity	3,194	3,121	3,155	3,236	4,569	4,806
Total Debt	1,117	1,122	1,179	959.52	926.24	975.98
Net Cash (Debt)	-816.32	30.3	132.55	320.62	485.44	606.07
Net Cash Growth	-	-77.14%	-58.66%	-33.95%	-19.90%	-11.12%
Net Cash Per Share	-1.16	0.04	0.25	0.46	0.59	0.88
Filing Date Shares Outstanding	690.9	690.9	690.9	690.9	690.9	690.9
Total Common Shares Outstanding	690.9	690.9	690.9	690.9	690.9	690.9
Working Capital	534.72	526.3	431.35	521.54	1,253	1,668
Book Value Per Share	2.24	2.13	2.07	2.07	3.22	3.57
Tangible Book Value	1,422	1,430	1,355	1,340	1,999	2,231
Tangible Book Value Per Share	2.06	2.07	1.96	1.94	2.89	3.23
Buildings	-	439.27	426.3	323.91	290.94	-
Machinery	-	176.46	171.17	175.76	91.07	-
Construction In Progress	-	1.06	0.36	7.3	11.26	-

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