SHE:002397 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	334.02	309.11	356.76	290.59	403.52	526.11
Trading Asset Securities	-	1.72	-	6.02	-	-
Cash & Short-Term Investments	334.02	310.82	356.76	296.61	403.52	526.11
Cash Growth	-3.48%	-12.88%	20.28%	-26.49%	-23.30%	-4.37%
Accounts Receivable	103.55	103.85	129.74	179.36	344	356.93
Other Receivables	30.64	29.98	32.93	27.06	120.09	49.51
Receivables	134.19	133.83	162.67	206.41	464.09	406.44
Inventory	486.38	499.97	523.43	611.35	766.41	790.88
Prepaid Expenses	-	0.81	5.38	11.65	13.23	18.36
Other Current Assets	54.1	54.76	40.38	48.75	105.32	139.87
Total Current Assets	1,009	1,000	1,089	1,175	1,753	1,882
Property, Plant & Equipment	1,062	1,098	1,078	1,080	1,028	1,060
Long-Term Investments	13.06	9.06	14.04	14.93	67.63	14.41
Goodwill	48.91	48.91	48.91	48.91	48.91	48.91
Other Intangible Assets	118.5	126.13	136.88	137.33	142.99	136.04
Long-Term Deferred Tax Assets	34.85	35.26	44.16	59.71	87.05	39.7
Long-Term Deferred Charges	36.12	42.28	77.79	98.65	125.6	142.75
Other Long-Term Assets	153.36	153.23	146.47	160.84	158.14	58.99
Total Assets	2,475	2,513	2,634	2,775	3,411	3,382
Accounts Payable	522.8	584.52	781.59	720.67	710.05	772.92
Accrued Expenses	4.91	92.32	79.45	45.16	41.09	35.21
Short-Term Debt	454.35	396.28	283.39	473.35	729.02	495
Current Portion of Long-Term Debt	-	-	34.03	4.3	41.21	38.66
Current Portion of Leases	7.77	9.61	11.44	20.06	10.4	-
Current Income Taxes Payable	22.9	5.94	8.65	8.08	14.29	5.91
Current Unearned Revenue	53.4	51.22	60.61	79	60.34	49.94
Other Current Liabilities	161.16	143.59	168.15	168.05	126.73	111.35
Total Current Liabilities	1,227	1,283	1,427	1,519	1,733	1,509
Long-Term Debt	0.28	0.28	0.28	34.28	15.17	7.06
Long-Term Leases	17.16	21.11	14.43	47.64	33.5	-
Long-Term Unearned Revenue	17.58	19.69	19.87	22	20.7	18.59
Long-Term Deferred Tax Liabilities	6.03	7.48	7.42	9.89	5.13	5.68
Other Long-Term Liabilities	-	-	-	0.33	0.1	0.97
Total Liabilities	1,268	1,332	1,469	1,633	1,808	1,541
Common Stock	747.78	747.78	750.78	754.38	755.98	758.26
Additional Paid-In Capital	637.26	637.26	639.59	642.41	647	679.5
Retained Earnings	-174.24	-200.75	-225.63	-248.05	200.18	400.98
Treasury Stock	-	-	-5.94	-13.07	-16.24	-37.84
Comprehensive Income & Other	-1.12	-0.76	4.35	5.04	4.6	4
Total Common Equity	1,210	1,184	1,163	1,141	1,592	1,805
Minority Interest	-2.66	-2.8	1.96	1.5	12.01	36.21
Shareholders' Equity	1,207	1,181	1,165	1,142	1,604	1,841
Total Liabilities & Equity	2,475	2,513	2,634	2,775	3,411	3,382
Total Debt	479.56	427.28	343.57	579.62	829.31	540.72
Net Cash (Debt)	-145.54	-116.45	13.18	-283.02	-425.79	-14.61
Net Cash Per Share	-0.18	-0.14	0.02	-0.37	-0.57	-0.02
Filing Date Shares Outstanding	747.78	747.78	750.78	754.38	755.98	758.26
Total Common Shares Outstanding	747.78	747.78	750.78	754.38	755.98	758.26
Working Capital	-218.59	-283.27	-338.71	-343.9	19.41	372.68
Book Value Per Share	1.62	1.58	1.55	1.51	2.11	2.38
Tangible Book Value	1,042	1,008	977.35	954.47	1,400	1,620
Tangible Book Value Per Share	1.39	1.35	1.30	1.27	1.85	2.14
Buildings	-	1,223	1,117	981.21	973.61	1,067
Machinery	-	370.66	362.85	352.71	339.28	326.79
Construction In Progress	-	7.63	68.94	126.64	68.94	28.93

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