SHE:002178 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	179.4	202.51	357.72	373.47	392.85	378.57
Trading Asset Securities	11.08	-	-	-	13.94	33
Cash & Short-Term Investments	190.48	202.51	357.72	373.47	406.8	411.57
Cash Growth	39.27%	-43.39%	-4.22%	-8.19%	-1.16%	-0.95%
Accounts Receivable	493.48	518.56	555.05	656.57	714.47	672.54
Other Receivables	57.69	58.37	65.32	75.4	78.05	85.77
Receivables	551.17	576.93	620.37	731.97	792.51	775.63
Inventory	43.59	42.22	59.91	73.99	68.15	45.23
Other Current Assets	85.71	82.83	65	24.74	31.11	36.22
Total Current Assets	870.96	904.5	1,103	1,204	1,299	1,269
Property, Plant & Equipment	94.25	111.76	124.09	114.02	99.13	127.27
Long-Term Investments	71.58	35.98	40	62.94	148.31	146.44
Other Intangible Assets	55.72	72.3	76.64	56.7	45.77	49.42
Long-Term Accounts Receivable	11.63	14.95	14	13.86	-	-
Long-Term Deferred Tax Assets	72.44	79.56	75.37	72.53	63.41	64.08
Long-Term Deferred Charges	27.18	22.89	8.94	45.74	44.73	27.1
Other Long-Term Assets	166.59	170.11	164.2	61.13	70.39	42.44
Total Assets	1,370	1,412	1,606	1,631	1,770	1,725
Accounts Payable	494	498.9	537.44	630.55	605.16	594.07
Accrued Expenses	10.15	62.76	62.2	67.88	38.49	37.42
Short-Term Debt	125.1	95.1	128.92	136.18	130.45	102.91
Current Portion of Long-Term Debt	5.08	2.76	23.11	16.01	40.26	10.76
Current Portion of Leases	-	4.02	4.45	1.87	4.38	-
Current Income Taxes Payable	3.02	0.32	1.5	0.56	0.26	2.02
Current Unearned Revenue	46.92	53.13	69.27	101.36	79.45	75.45
Other Current Liabilities	61.81	41.15	78.06	77.03	123.46	131.54
Total Current Liabilities	746.08	758.15	904.97	1,031	1,022	954.16
Long-Term Debt	6.6	4.38	0.12	19.2	9.73	37.49
Long-Term Leases	2.23	12.33	16.11	-	1.96	-
Long-Term Unearned Revenue	0.35	0.35	-	0.13	0.61	1.88
Long-Term Deferred Tax Liabilities	4.1	3.75	4.48	0.28	-	-
Other Long-Term Liabilities	62.82	62.82	46.78	-	-	-
Total Liabilities	822.18	841.77	972.45	1,051	1,034	993.53
Common Stock	712.15	712.15	712.15	712.15	712.15	712.15
Additional Paid-In Capital	232.67	232.67	232.67	226.85	230.08	233.27
Retained Earnings	-508.75	-515.95	-494.65	-517.16	-370.84	-379.85
Total Common Equity	436.07	428.88	450.17	421.84	571.38	565.58
Minority Interest	112.1	141.4	183.8	158.21	164.73	166.3
Shareholders' Equity	548.17	570.28	633.97	580.05	736.11	731.88
Total Liabilities & Equity	1,370	1,412	1,606	1,631	1,770	1,725
Total Debt	139.01	118.59	172.72	173.26	186.77	151.16
Net Cash (Debt)	51.47	83.92	185	200.22	220.03	260.41
Net Cash Growth	260.56%	-54.64%	-7.60%	-9.01%	-15.51%	-11.63%
Net Cash Per Share	0.07	0.12	0.25	0.29	0.24	0.36
Filing Date Shares Outstanding	712.15	712.15	712.15	712.15	712.15	712.15
Total Common Shares Outstanding	712.15	712.15	712.15	712.15	712.15	712.15
Working Capital	124.87	146.35	198.03	172.75	276.66	314.5
Book Value Per Share	0.61	0.60	0.63	0.59	0.80	0.79
Tangible Book Value	380.35	356.58	373.54	365.15	525.61	516.16
Tangible Book Value Per Share	0.53	0.50	0.52	0.51	0.74	0.72
Buildings	-	52.59	40.21	54.19	34.15	53.67
Machinery	-	158.53	209.32	182.37	169.32	155.44
Construction In Progress	-	5.35	11.32	14.36	6.83	13.41

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