SHE:002259 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	360.66	278.55	221.06	217.22	165.41	195.88
Cash & Short-Term Investments	360.66	278.55	221.06	217.22	165.41	195.88
Cash Growth	41.92%	26.01%	1.77%	31.32%	-15.56%	76.56%
Accounts Receivable	4.12	5.39	2.64	15.53	14.19	11.01
Other Receivables	1.76	5.13	3.67	15.9	7.33	9.79
Receivables	5.88	10.52	6.31	31.43	21.52	20.8
Inventory	16.6	24.61	21.02	20.37	29.17	18.98
Other Current Assets	7.84	5.97	11	14.32	4.19	3.49
Total Current Assets	390.98	319.66	259.39	283.34	220.28	239.16
Property, Plant & Equipment	465.68	505.94	553.77	599.51	647.43	698.03
Long-Term Investments	13.44	13.44	14.72	16.92	27.45	28.86
Other Intangible Assets	50.51	52.05	53.63	57.78	58.82	75.06
Long-Term Deferred Tax Assets	2.38	3.86	3.53	3.71	4.44	5.94
Long-Term Deferred Charges	0.01	0.01	0.01	0.01	0.04	0.12
Other Long-Term Assets	7.69	7.95	8.2	8.61	9.01	9.01
Total Assets	930.69	902.92	893.25	969.87	967.47	1,056
Accounts Payable	25.86	21.76	18.76	25.23	19.92	17.62
Accrued Expenses	54.77	58.47	62.22	75.28	176	142.81
Short-Term Debt	-	88.3	90.5	90	248.06	319.01
Current Portion of Long-Term Debt	143.87	143.69	-	152.91	38	38
Current Portion of Leases	-	0.86	0.58	0.71	80.97	102.67
Current Income Taxes Payable	8.22	6.95	3.46	9.75	7.4	30.37
Current Unearned Revenue	13.23	8.73	15.02	14.76	23.62	32.88
Other Current Liabilities	123.73	22.86	27.26	13.87	52.82	58.92
Total Current Liabilities	369.69	351.61	217.79	382.52	646.8	742.28
Long-Term Debt	-	-	176.19	124.83	150	150
Long-Term Leases	0.2	0.28	0.34	0.04	0.96	27.42
Long-Term Unearned Revenue	1.43	1.52	1.64	1.76	1.88	2
Long-Term Deferred Tax Liabilities	3.85	4.45	4.78	5.01	5.48	5.94
Other Long-Term Liabilities	275.47	280.39	235.84	207.41	38.06	59.55
Total Liabilities	650.64	638.26	636.59	721.58	843.18	987.19
Common Stock	752.33	752.33	752.33	752.33	752.33	752.33
Additional Paid-In Capital	620.42	620.42	620.42	620.63	427.75	427.75
Retained Earnings	-1,116	-1,135	-1,147	-1,146	-1,082	-1,132
Comprehensive Income & Other	14.27	16.92	19.44	13.86	16.66	10.47
Total Common Equity	271.48	254.55	245.07	240.8	114.7	58.32
Minority Interest	8.57	10.11	11.6	7.49	9.59	10.66
Shareholders' Equity	280.05	264.66	256.66	248.29	124.29	68.98
Total Liabilities & Equity	930.69	902.92	893.25	969.87	967.47	1,056
Total Debt	144.07	233.12	267.61	368.49	518	637.1
Net Cash (Debt)	216.59	45.43	-46.55	-151.27	-352.59	-441.22
Net Cash Growth	98.67%	-	-	-	-	-
Net Cash Per Share	0.29	0.06	-0.06	-0.20	-0.47	-0.59
Filing Date Shares Outstanding	752.33	752.33	752.33	752.33	752.33	752.33
Total Common Shares Outstanding	752.33	752.33	752.33	752.33	752.33	752.33
Working Capital	21.29	-31.95	41.6	-99.19	-426.51	-503.12
Book Value Per Share	0.36	0.34	0.33	0.32	0.15	0.08
Tangible Book Value	220.97	202.5	191.43	183.02	55.89	-16.74
Tangible Book Value Per Share	0.29	0.27	0.25	0.24	0.07	-0.02
Buildings	-	355.96	353.82	354.11	355.29	356.26
Machinery	-	645.46	642.83	636.5	631.8	630.27
Construction In Progress	-	24.45	23.85	23.56	25.49	30.59

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