SHE:002134 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	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	141.72	135.23	140.89	88.15	157.01	98.01	Upgrade
Trading Asset Securities	-	-	-	-	0.03	-	Upgrade
Cash & Short-Term Investments	141.72	135.23	140.89	88.15	157.04	98.01	Upgrade
Cash Growth	8.58%	-4.02%	59.82%	-43.87%	60.23%	12.83%	Upgrade
Accounts Receivable	485.02	396.05	330.54	187.32	224.86	170.02	Upgrade
Other Receivables	11.01	2.86	3.04	1.08	7.32	1.27	Upgrade
Receivables	496.02	398.91	333.58	188.4	232.19	171.29	Upgrade
Inventory	173.23	154.57	119.16	75.39	93.39	55.12	Upgrade
Other Current Assets	45.11	39.13	13.8	3.5	3.2	5.15	Upgrade
Total Current Assets	856.08	727.84	607.44	355.44	485.82	329.58	Upgrade
Property, Plant & Equipment	1,030	996.9	650.53	358.72	275.16	245.16	Upgrade
Long-Term Investments	6.65	7.43	8.08	9.57	9.06	8.4	Upgrade
Goodwill	131.48	131.48	131.48	-	-	-	Upgrade
Other Intangible Assets	70.48	78.15	82.01	15.37	10.23	9.81	Upgrade
Long-Term Deferred Tax Assets	3.9	4.74	-	0.75	1.07	0.81	Upgrade
Long-Term Deferred Charges	0.64	1.19	-	-	-	-	Upgrade
Other Long-Term Assets	9.79	7.03	23.02	20.31	6.58	1.3	Upgrade
Total Assets	2,109	1,955	1,503	760.16	787.91	595.06	Upgrade
Accounts Payable	611.08	605.1	452.67	273.16	323.01	142.36	Upgrade
Accrued Expenses	22.16	34.36	47.78	7.98	10.48	7.61	Upgrade
Short-Term Debt	-	12.4	25.62	-	-	25.03	Upgrade
Current Portion of Long-Term Debt	50.31	60.38	8.4	0.01	-	-	Upgrade
Current Portion of Leases	-	2.44	4.75	-	-	-	Upgrade
Current Income Taxes Payable	3.46	2.4	3.02	-	0.04	0.03	Upgrade
Current Unearned Revenue	3.66	2.21	2.86	3	1.77	1.11	Upgrade
Other Current Liabilities	28.33	16.83	29.52	10.26	16.84	10.44	Upgrade
Total Current Liabilities	718.99	736.13	574.61	294.43	352.14	186.57	Upgrade
Long-Term Debt	575.19	433.19	160.26	15.21	-	-	Upgrade
Long-Term Leases	6.35	8.17	18.04	-	-	-	Upgrade
Long-Term Unearned Revenue	18.78	10.15	7.45	8.08	9.21	10.35	Upgrade
Long-Term Deferred Tax Liabilities	8.01	8.97	10.69	0.22	0.2	0.04	Upgrade
Other Long-Term Liabilities	-	-	-	0.04	0.32	0.05	Upgrade
Total Liabilities	1,327	1,197	771.06	317.97	361.87	197.01	Upgrade
Common Stock	245.85	245.85	245.85	245.85	245.85	245.85	Upgrade
Additional Paid-In Capital	302.29	297.92	302.27	302.27	302.27	302.27	Upgrade
Retained Earnings	-31.76	-46.87	-80.74	-107.16	-123.22	-150.15	Upgrade
Treasury Stock	-9.01	-16.5	-16.5	-	-	-	Upgrade
Comprehensive Income & Other	0.6	0.6	0.6	1.23	1.14	0.23	Upgrade
Total Common Equity	507.98	480.99	451.48	442.19	426.04	398.2	Upgrade
Minority Interest	274.1	277.17	280.02	-	-	-0.15	Upgrade
Shareholders' Equity	782.08	758.16	731.51	442.19	426.04	398.06	Upgrade
Total Liabilities & Equity	2,109	1,955	1,503	760.16	787.91	595.06	Upgrade
Total Debt	631.85	516.58	217.06	15.22	-	25.03	Upgrade
Net Cash (Debt)	-490.13	-381.36	-76.17	72.93	157.04	72.99	Upgrade
Net Cash Growth	-	-	-	-53.56%	115.17%	-15.98%	Upgrade
Net Cash Per Share	-2.07	-1.69	-0.32	0.32	0.64	0.34	Upgrade
Filing Date Shares Outstanding	307.81	244.18	244.18	245.85	245.85	245.85	Upgrade
Total Common Shares Outstanding	307.81	244.18	244.18	245.85	245.85	245.85	Upgrade
Working Capital	137.09	-8.3	32.82	61.01	133.67	143.01	Upgrade
Book Value Per Share	1.65	1.97	1.85	1.80	1.73	1.62	Upgrade
Tangible Book Value	306.02	271.36	237.99	426.82	415.81	388.39	Upgrade
Tangible Book Value Per Share	0.99	1.11	0.97	1.74	1.69	1.58	Upgrade
Buildings	-	701.19	170.52	163.63	163.63	163.62	Upgrade
Machinery	-	700.56	545.79	414.8	527.44	527.96	Upgrade
Construction In Progress	-	74.46	378.98	168.13	92.93	81.9	Upgrade

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