SHE:002427 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	383.95	351.92	240.76	86.51	65.88	194.88
Cash & Short-Term Investments	383.95	351.92	240.76	86.51	65.88	194.88
Cash Growth	35.89%	46.17%	178.31%	31.32%	-66.20%	-50.30%
Accounts Receivable	586.46	571.9	622.79	633.33	649.5	744.1
Other Receivables	42.73	40.21	180.68	190.66	977.3	985.99
Receivables	629.19	612.11	803.46	823.99	1,627	1,730
Inventory	269.94	272.35	273.2	233.14	305.03	264.28
Prepaid Expenses	-	2.53	2.52	2.52	2.54	0.22
Other Current Assets	118.81	106.3	91.66	120.21	127.53	129.77
Total Current Assets	1,402	1,345	1,412	1,266	2,128	2,319
Property, Plant & Equipment	831.72	920.98	866.67	1,002	1,837	2,086
Long-Term Investments	-	-	-	-	0.4	100.32
Goodwill	-	-	-	-	121.77	425.92
Other Intangible Assets	98.12	99.2	101.79	109.66	239.63	250.42
Long-Term Deferred Tax Assets	88.41	88.28	90.86	90.19	71.29	192.74
Long-Term Deferred Charges	6.33	7.39	8.82	10.24	7.92	11.09
Other Long-Term Assets	39.23	29.13	24.56	2.04	15.8	17.15
Total Assets	2,466	2,490	2,504	2,480	4,422	5,402
Accounts Payable	153.52	139.37	132.65	129	827.16	828.03
Accrued Expenses	56.54	56.57	57.29	68.36	884.67	477.9
Short-Term Debt	399.02	383.39	287.88	134.88	1,781	1,863
Current Portion of Long-Term Debt	-	0.4	25.61	1	918.78	272.99
Current Portion of Leases	-	-	-	-	291.35	64.44
Current Income Taxes Payable	14.1	6.18	6.11	6.01	5.84	5.84
Current Unearned Revenue	60.38	94.87	49.97	88.88	137.95	127.09
Other Current Liabilities	164.72	209.58	357.16	293.51	312.54	164.58
Total Current Liabilities	848.28	890.36	916.67	721.63	5,159	3,803
Long-Term Debt	404.49	384.49	376.59	446.19	555	1,275
Long-Term Leases	-	91.82	-	-	-	188.92
Long-Term Unearned Revenue	5.06	2.85	3.85	5.34	7.08	9.17
Long-Term Deferred Tax Liabilities	10.69	10.69	14.8	18.5	29.77	27.48
Other Long-Term Liabilities	248.91	181.24	236.79	239.79	25.7	42.44
Total Liabilities	1,517	1,561	1,549	1,431	5,776	5,346
Common Stock	985.43	985.43	985.43	985.43	437.97	437.97
Additional Paid-In Capital	1,888	1,888	1,888	1,888	550.01	550.01
Retained Earnings	-1,926	-1,945	-1,918	-1,825	-2,342	-931.89
Comprehensive Income & Other	0.16	0.16	0.16	0.16	0.16	-0.22
Total Common Equity	948.02	928.63	955.56	1,049	-1,354	55.87
Minority Interest	0.25	0.12	0.03	0.21	-0.7	0.1
Shareholders' Equity	948.28	928.75	955.59	1,049	-1,355	55.97
Total Liabilities & Equity	2,466	2,490	2,504	2,480	4,422	5,402
Total Debt	803.52	860.1	690.08	582.07	3,546	3,664
Net Cash (Debt)	-419.56	-508.19	-449.32	-495.56	-3,480	-3,469
Net Cash Per Share	-0.47	-0.57	-0.43	-0.50	-7.95	-7.90
Filing Date Shares Outstanding	985.43	985.43	985.43	985.43	437.97	437.97
Total Common Shares Outstanding	985.43	985.43	985.43	985.43	437.97	437.97
Working Capital	553.62	454.86	494.92	544.74	-3,031	-1,484
Book Value Per Share	0.96	0.94	0.97	1.06	-3.09	0.13
Tangible Book Value	849.91	829.43	853.77	939.11	-1,715	-620.47
Tangible Book Value Per Share	0.86	0.84	0.87	0.95	-3.92	-1.42
Buildings	-	642.01	642.39	642.39	978.38	974.71
Machinery	-	2,021	2,004	2,002	2,399	2,263
Construction In Progress	-	212.93	66.88	47.76	242.96	410.12

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