SHE:002227 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	29.4	132.33	147.33	257.34	158.59	71.73
Trading Asset Securities	-	-	-	-	200.03	-
Cash & Short-Term Investments	29.4	132.33	147.33	257.34	358.61	71.73
Cash Growth	-68.86%	-10.18%	-42.75%	-28.24%	399.92%	1.19%
Accounts Receivable	163.36	188.18	167.55	144.9	188.79	234.8
Other Receivables	50.47	48.04	46.1	32.81	12.97	15.23
Receivables	213.83	236.21	213.64	177.71	201.75	250.02
Inventory	201.08	185.65	190.23	187.42	186.11	205.44
Other Current Assets	14.07	10.11	13.2	7.42	40.36	44.29
Total Current Assets	458.38	564.31	564.4	629.89	786.85	571.49
Property, Plant & Equipment	818.02	822.66	720.77	684.28	662.15	572.07
Long-Term Investments	7	7	37	37	37	7
Other Intangible Assets	42.66	46.31	44.29	31.59	29.87	32.97
Long-Term Deferred Tax Assets	87.36	84.71	78.77	75.71	66.98	66.9
Long-Term Deferred Charges	17.78	16.97	21.18	26.16	27.78	21.56
Other Long-Term Assets	71.39	72.94	74.99	77.05	82.69	71.74
Total Assets	1,503	1,615	1,541	1,562	1,693	1,344
Accounts Payable	82.65	104.39	76.17	60.33	71.79	107.8
Accrued Expenses	12.84	31.33	30.63	25.03	19.44	22.19
Short-Term Debt	81.03	92.68	57.24	47.82	90.29	51.65
Current Portion of Long-Term Debt	45.82	36.2	36.27	36.44	36.31	12.65
Current Portion of Leases	-	9.28	6.65	5.04	5.83	-
Current Income Taxes Payable	4.84	0.31	0.24	0.42	0.99	2.27
Current Unearned Revenue	69.68	56.41	51.68	35.84	32.97	27.56
Other Current Liabilities	30.68	95.03	22.86	17.21	38.68	29.12
Total Current Liabilities	327.55	425.63	281.73	228.13	296.31	253.25
Long-Term Debt	136.4	93.4	129.4	165.4	201.4	230.54
Long-Term Leases	50.41	51.01	32.5	22.81	24.01	-
Long-Term Unearned Revenue	19.69	24.39	26.93	34.02	25.81	31.3
Long-Term Deferred Tax Liabilities	16.7	16.83	12.26	10.58	4.68	5.08
Other Long-Term Liabilities	-	-	-	-	-	1.41
Total Liabilities	550.77	611.26	482.82	460.94	552.21	521.58
Common Stock	247.81	247.81	247.81	247.81	247.81	220.6
Additional Paid-In Capital	641.83	641.83	641.83	641.83	641.83	316.42
Retained Earnings	65.18	114.71	167.57	210.66	250.63	283.34
Comprehensive Income & Other	-0.15	-0.16	-0.15	-0.13	-0.05	-0.07
Total Common Equity	954.66	1,004	1,057	1,100	1,140	820.28
Minority Interest	-2.83	-0.54	1.53	0.58	0.88	1.87
Shareholders' Equity	951.83	1,004	1,059	1,101	1,141	822.15
Total Liabilities & Equity	1,503	1,615	1,541	1,562	1,693	1,344
Total Debt	313.66	282.56	262.06	277.5	357.84	294.85
Net Cash (Debt)	-284.26	-150.23	-114.73	-20.16	0.77	-223.12
Net Cash Per Share	-1.15	-0.61	-0.46	-0.08	0.00	-1.01
Filing Date Shares Outstanding	247.81	247.81	247.81	247.81	247.81	220.6
Total Common Shares Outstanding	247.81	247.81	247.81	247.81	247.81	220.6
Working Capital	130.83	138.68	282.67	401.76	490.54	318.24
Book Value Per Share	3.85	4.05	4.27	4.44	4.60	3.72
Tangible Book Value	912	957.87	1,013	1,069	1,110	787.31
Tangible Book Value Per Share	3.68	3.87	4.09	4.31	4.48	3.57
Buildings	-	177.95	170.29	170.29	166.66	179.27
Machinery	-	348.17	278.14	286.89	257.48	196.28
Construction In Progress	-	380.43	348.5	313.01	294.32	265.9

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