SHE:002175 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	356.3	151.62	113.71	124.21	77.14	71.85
Cash & Short-Term Investments	356.3	151.62	113.71	124.21	77.14	71.85
Cash Growth	101.47%	33.34%	-8.45%	61.01%	7.37%	346.78%
Accounts Receivable	65.5	60.54	42.09	48.8	41.78	49.47
Other Receivables	6.73	5.52	3.71	0.65	0.59	15.74
Receivables	72.23	66.06	45.79	49.45	42.36	65.21
Inventory	94.88	82.82	82.4	92.35	86.46	63.39
Other Current Assets	6.47	5.53	12.79	5.04	6.31	7.05
Total Current Assets	529.88	306.03	254.7	271.05	212.27	207.5
Property, Plant & Equipment	365.56	363.68	399.24	335.2	324.05	326.1
Long-Term Investments	2.14	2.2	0.92	-	-	-
Goodwill	1.84	1.84	1.84	-	-	-
Other Intangible Assets	34.78	35.45	37.09	38.64	37.88	35.74
Long-Term Accounts Receivable	2.44	0.86	0.83	-	-	-
Long-Term Deferred Tax Assets	6.71	6.13	6.21	6.75	9.96	11.29
Long-Term Deferred Charges	26.53	31.47	13.65	8.76	7.47	2.52
Other Long-Term Assets	13.54	13.54	-	-	24.87	31.8
Total Assets	983.41	761.2	714.47	660.4	616.51	614.96
Accounts Payable	57.31	49.09	36.44	32.74	35.71	51.78
Accrued Expenses	2.31	11.56	9.78	13.93	9.27	821.45
Short-Term Debt	43.02	10.01	8.5	-	50.3	275.1
Current Portion of Long-Term Debt	22.13	20.02	-	-	-	24
Current Portion of Leases	-	9.71	10.26	0.67	0.72	-
Current Income Taxes Payable	2.29	0.99	2	4.78	2.39	7.39
Current Unearned Revenue	10.35	12.22	10.8	7.62	7.69	8.74
Other Current Liabilities	7.93	7.06	10.22	7.99	5.94	8.71
Total Current Liabilities	145.34	120.67	88.02	67.73	112.02	1,197
Long-Term Debt	-	9.21	-	-	-	-
Long-Term Leases	16.54	22	30.11	1.39	2.07	-
Long-Term Unearned Revenue	14.44	14.98	15.82	16.67	17.99	18.97
Long-Term Deferred Tax Liabilities	0.34	0.01	0.02	-	-	-
Other Long-Term Liabilities	0.54	-	2.35	86.46	159.54	303.24
Total Liabilities	177.2	166.87	136.31	172.25	291.63	1,519
Common Stock	1,277	1,277	1,277	1,277	1,277	753.78
Additional Paid-In Capital	1,042	830.35	830.35	830.35	819.59	384.32
Retained Earnings	-1,464	-1,465	-1,482	-1,496	-1,603	-1,995
Treasury Stock	-45.5	-45.5	-45.5	-92.52	-138.36	-
Comprehensive Income & Other	-	-	-	-30	-30	-47.04
Total Common Equity	808.94	596.46	579.85	488.89	324.88	-904.43
Minority Interest	-2.73	-2.13	-1.69	-0.74	-	-
Shareholders' Equity	806.21	594.33	578.16	488.15	324.88	-904.43
Total Liabilities & Equity	983.41	761.2	714.47	660.4	616.51	614.96
Total Debt	81.7	70.95	48.87	2.06	53.09	299.1
Net Cash (Debt)	274.6	80.67	64.83	122.15	24.05	-227.25
Net Cash Growth	225.34%	24.43%	-46.92%	407.95%	-	-
Net Cash Per Share	0.21	0.06	0.05	0.10	0.02	-0.18
Filing Date Shares Outstanding	1,277	1,277	1,277	1,277	1,277	753.78
Total Common Shares Outstanding	1,277	1,277	1,277	1,277	1,277	753.78
Working Capital	384.54	185.36	166.68	203.32	100.25	-989.66
Book Value Per Share	0.63	0.47	0.45	0.38	0.25	-1.20
Tangible Book Value	772.33	559.17	540.92	450.26	287	-940.16
Tangible Book Value Per Share	0.60	0.44	0.42	0.35	0.22	-1.25
Buildings	-	321.33	321.33	324.41	292.4	292.93
Machinery	-	182.19	170	154.91	154.08	151.19
Construction In Progress	-	-	21.69	-	7.14	-

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