SHE:002199 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	48.37	56.04	56.68	42.19	175.31	110.98
Cash & Short-Term Investments	48.37	56.04	56.68	42.19	175.31	110.98
Cash Growth	-13.42%	-1.14%	34.34%	-75.93%	57.96%	-10.11%
Accounts Receivable	98.3	90.75	73.26	78.03	95.31	105.34
Other Receivables	0.06	0.19	0.46	0.45	0.16	0.66
Receivables	98.36	90.94	73.72	78.48	95.48	106
Inventory	64.23	72.11	65.06	84.4	97.69	66.43
Other Current Assets	6.96	10.39	7.44	3.35	7.86	8.37
Total Current Assets	217.91	229.47	202.9	208.43	376.34	291.78
Property, Plant & Equipment	221.18	247.72	298.94	322.29	280.63	221.9
Long-Term Investments	0.9	0.9	0.9	11.19	0.9	0.9
Other Intangible Assets	6.48	7.36	8.76	3.61	3.04	2.96
Long-Term Deferred Charges	2.18	3.46	5.4	5.18	4.63	4.45
Other Long-Term Assets	0.02	-	0.32	1.25	4.58	3.23
Total Assets	448.67	488.91	517.23	551.94	670.12	525.22
Accounts Payable	105.74	106.41	59.7	77.24	115.15	75.6
Accrued Expenses	1.7	3.19	2.99	2.39	2.64	1.67
Short-Term Debt	34.03	23.02	40.04	22.05	10.01	-
Current Portion of Long-Term Debt	49.57	21.6	20.1	10.06	5.07	-
Current Portion of Leases	-	3.59	3.72	3.73	3.57	-
Current Income Taxes Payable	1.54	-	-	-	-	-
Current Unearned Revenue	0.17	0.2	0.26	0.46	0.13	0
Other Current Liabilities	23.65	22.68	12.97	9.97	28.43	28.45
Total Current Liabilities	216.39	180.7	139.8	125.89	165	105.72
Long-Term Debt	27.9	63.34	54.78	35	45	-
Long-Term Leases	0.48	0.86	4.46	8.18	8.96	-
Long-Term Unearned Revenue	13.19	14.17	16.49	15.84	14.81	14.97
Total Liabilities	257.97	259.07	215.53	184.91	233.77	120.7
Common Stock	243.44	243.44	243.44	243.44	243.44	243.44
Additional Paid-In Capital	515.56	515.56	515.56	515.56	515.56	515.56
Retained Earnings	-571.83	-532.7	-459.24	-392.65	-323.54	-354.48
Comprehensive Income & Other	3.53	3.54	1.95	-	-	-
Total Common Equity	190.7	229.84	301.7	366.35	435.46	404.52
Minority Interest	-	-	-	0.68	0.88	-
Shareholders' Equity	190.7	229.84	301.7	367.03	436.34	404.52
Total Liabilities & Equity	448.67	488.91	517.23	551.94	670.12	525.22
Total Debt	111.99	112.42	123.11	79.01	72.62	-
Net Cash (Debt)	-63.62	-56.38	-66.43	-36.82	102.69	110.98
Net Cash Growth	-	-	-	-	-7.47%	-9.92%
Net Cash Per Share	-0.26	-0.23	-0.27	-0.15	0.43	0.42
Filing Date Shares Outstanding	243.44	243.44	243.44	243.44	243.44	243.44
Total Common Shares Outstanding	243.44	243.44	243.44	243.44	243.44	243.44
Working Capital	1.52	48.78	63.1	82.54	211.34	186.06
Book Value Per Share	0.78	0.94	1.24	1.50	1.79	1.66
Tangible Book Value	184.22	222.48	292.94	362.74	432.42	401.57
Tangible Book Value Per Share	0.76	0.91	1.20	1.49	1.78	1.65
Buildings	-	80.66	80.23	80.23	37.04	37.24
Machinery	-	570.38	570.16	527.99	505.98	475.31
Construction In Progress	-	4.13	18.09	55.26	60.53	20.87

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