SHE:002357 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	147.56	192.83	234.67	79.71	106.93	139.32
Cash & Short-Term Investments	147.56	192.83	234.67	79.71	106.93	139.32
Cash Growth	33.42%	-17.83%	194.42%	-25.46%	-23.25%	42.90%
Accounts Receivable	94.27	78.69	98.91	133.04	75.43	81.58
Other Receivables	54.86	31.06	40.2	36.15	29.3	36.5
Receivables	149.12	109.75	139.11	169.2	104.73	118.08
Inventory	0.81	0.64	1.11	1.31	1.56	1.01
Prepaid Expenses	-	0	0	0.01	0.22	0.01
Other Current Assets	43.22	43.41	35.64	47.43	37.5	38.74
Total Current Assets	340.71	346.63	410.53	297.64	250.93	297.15
Property, Plant & Equipment	629.3	636.45	637.73	688.81	618.19	581.44
Long-Term Investments	1,413	1,304	1,176	1,094	1,054	1,020
Goodwill	89.76	89.76	89.76	102.76	106.27	112.07
Other Intangible Assets	166.47	171.55	178.95	188.08	204.29	210.24
Long-Term Accounts Receivable	0.19	0.16	0.53	1.43	1.78	4.54
Long-Term Deferred Tax Assets	22.24	24.19	18.63	26.89	34.58	21.05
Long-Term Deferred Charges	14.89	12.62	8.87	8.91	10.72	5.14
Other Long-Term Assets	301.59	303.51	322.48	310.59	323.48	334.83
Total Assets	2,978	2,889	2,843	2,720	2,605	2,586
Accounts Payable	99.67	75.74	93.53	72.02	69.84	85.97
Accrued Expenses	37.32	53.63	57.37	51.16	48.11	53.33
Short-Term Debt	372.87	496.53	451.45	398.68	327.93	409.07
Current Portion of Long-Term Debt	-	1	1	51	59	57
Current Portion of Leases	-	1.02	1.44	0.52	0.92	-
Current Income Taxes Payable	13.19	13.73	6.47	1.65	1.2	7.7
Current Unearned Revenue	4.48	4.83	6.76	24.32	24.1	25.84
Other Current Liabilities	417.58	300.03	347.78	344.13	295.64	275.83
Total Current Liabilities	945.11	946.5	965.8	943.49	826.73	914.76
Long-Term Debt	10.41	46.91	47.91	48.91	99.91	58.91
Long-Term Leases	2.66	12.41	58.61	72.22	25.54	-
Long-Term Unearned Revenue	126.18	133.21	143.43	151.27	153.2	188.01
Long-Term Deferred Tax Liabilities	60.31	60.39	75.84	100.13	98.04	77.48
Other Long-Term Liabilities	14.56	13.41	12.31	16.06	15.72	15.89
Total Liabilities	1,159	1,213	1,304	1,332	1,219	1,255
Common Stock	313.49	313.49	313.49	313.49	313.49	313.49
Additional Paid-In Capital	184.02	184.01	178.29	186.92	186.82	207.91
Retained Earnings	1,160	1,036	929.43	778.95	757.47	692.25
Comprehensive Income & Other	63.84	62.26	39.27	28.44	44.17	33.25
Total Common Equity	1,722	1,596	1,460	1,308	1,302	1,247
Minority Interest	97.64	80.38	79.1	79.71	83.57	84.44
Shareholders' Equity	1,819	1,676	1,540	1,388	1,386	1,331
Total Liabilities & Equity	2,978	2,889	2,843	2,720	2,605	2,586
Total Debt	385.94	557.86	560.42	571.33	513.3	524.98
Net Cash (Debt)	-238.38	-365.04	-325.75	-491.62	-406.37	-385.66
Net Cash Per Share	-0.76	-1.16	-1.04	-1.57	-1.30	-1.23
Filing Date Shares Outstanding	313.49	313.49	313.49	313.49	313.49	313.49
Total Common Shares Outstanding	313.49	313.49	313.49	313.49	313.49	313.49
Working Capital	-604.4	-599.87	-555.28	-645.84	-575.8	-617.6
Book Value Per Share	5.49	5.09	4.66	4.17	4.15	3.98
Tangible Book Value	1,465	1,334	1,192	1,017	991.4	924.59
Tangible Book Value Per Share	4.67	4.26	3.80	3.24	3.16	2.95
Buildings	-	378.66	376.66	389.42	400.59	398.16
Machinery	-	1,212	1,176	1,149	1,045	997.35
Construction In Progress	-	-	-	-	0.1	-

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