SHE:002234 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	563.84	622.12	587.85	777.75	656.03	745.17
Short-Term Investments	-	0.78	9.67	3.76	14.52	0.33
Trading Asset Securities	-	-	40.07	221.32	294.97	-
Cash & Short-Term Investments	563.84	622.91	637.59	1,003	965.52	745.51
Cash Growth	-27.33%	-2.30%	-36.42%	3.86%	29.51%	-23.25%
Accounts Receivable	73.8	78.32	74.26	68.56	57.34	30.81
Other Receivables	15.3	5.43	6.6	5.23	4.67	3.96
Receivables	89.1	83.75	80.86	73.79	62.01	34.78
Inventory	571.88	598.26	574.27	550.39	493.74	374.87
Prepaid Expenses	-	-	-	0.03	0.01	0.01
Other Current Assets	24.23	25.21	25.47	30.37	49.55	48.16
Total Current Assets	1,249	1,330	1,318	1,657	1,571	1,203
Property, Plant & Equipment	2,142	2,157	2,047	1,868	1,813	1,544
Long-Term Investments	170.54	189.57	220.14	263.21	294.85	309.16
Other Intangible Assets	105.6	107.91	105.21	88.75	89.64	92.19
Long-Term Deferred Tax Assets	0.34	0.39	0.1	0.03	0.02	0.03
Long-Term Deferred Charges	1.95	2.96	4.72	6.72	2.98	91.61
Other Long-Term Assets	34.69	50.95	60.46	70.68	69.9	82.98
Total Assets	3,705	3,839	3,756	3,955	3,841	3,323
Accounts Payable	231.39	182.26	197.11	114.1	116.85	80
Accrued Expenses	33.43	37.22	36.62	34.02	40.04	82.38
Short-Term Debt	1,299	1,410	1,099	996.23	422.35	419.15
Current Portion of Long-Term Debt	-	1.6	-	-	-	-
Current Portion of Leases	42.62	6.96	4.09	2.17	1.79	-
Current Income Taxes Payable	4.12	0.03	0.01	-	-	-
Current Unearned Revenue	9.6	9.91	11.16	8.46	7.52	11.49
Other Current Liabilities	9.15	11.42	17.17	18	15.65	13.78
Total Current Liabilities	1,629	1,659	1,365	1,173	604.2	606.8
Long-Term Debt	95.44	28.39	-	-	-	-
Long-Term Leases	88.54	33.15	21.9	20.86	17.19	-
Long-Term Unearned Revenue	103.31	95.8	92.91	91.64	92.05	87.25
Long-Term Deferred Tax Liabilities	0.33	0.39	0.1	-	-	-
Total Liabilities	1,916	1,817	1,480	1,285	713.45	694.05
Common Stock	348.96	348.96	348.96	348.96	348.96	302.05
Additional Paid-In Capital	1,382	1,382	1,382	1,382	1,382	868.24
Retained Earnings	77.12	307.47	556.6	942.91	1,395	1,452
Comprehensive Income & Other	0.07	0.07	-	-	-	-
Total Common Equity	1,808	2,038	2,287	2,674	3,126	2,622
Minority Interest	-19.83	-16.52	-11.84	-4.33	2.02	6.53
Shareholders' Equity	1,788	2,022	2,276	2,669	3,128	2,629
Total Liabilities & Equity	3,705	3,839	3,756	3,955	3,841	3,323
Total Debt	1,525	1,480	1,125	1,019	441.33	419.15
Net Cash (Debt)	-961.27	-856.93	-487.54	-16.43	524.19	326.36
Net Cash Growth	-	-	-	-	60.62%	-53.87%
Net Cash Per Share	-2.75	-2.44	-1.40	-0.05	1.54	1.08
Filing Date Shares Outstanding	348.96	348.96	348.96	348.96	348.96	302.05
Total Common Shares Outstanding	348.96	348.96	348.96	348.96	348.96	302.05
Working Capital	-379.76	-329.01	-47.11	484.42	966.62	596.53
Book Value Per Share	5.18	5.84	6.55	7.66	8.96	8.68
Tangible Book Value	1,702	1,930	2,182	2,585	3,036	2,530
Tangible Book Value Per Share	4.88	5.53	6.25	7.41	8.70	8.38
Buildings	-	1,657	1,506	1,424	1,339	1,088
Machinery	-	1,544	1,436	1,373	1,221	1,092
Construction In Progress	-	294.85	320.78	182.31	229.7	284.68

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