SHE:002455 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	1,087	774.49	756.74	1,021	866.29	577.58
Cash & Short-Term Investments	1,087	774.49	756.74	1,021	866.29	577.58
Cash Growth	14.54%	2.34%	-25.86%	17.82%	49.98%	9.72%
Accounts Receivable	349.53	555.27	412.81	473.63	597.84	546.04
Other Receivables	27.7	49.77	48.09	35.22	0.67	1.26
Receivables	377.23	605.04	460.9	508.85	598.51	547.3
Inventory	1,608	1,044	1,228	1,316	727.49	429.36
Other Current Assets	195.13	71.12	46.38	180.86	289.32	274.28
Total Current Assets	3,267	2,495	2,492	3,026	2,482	1,829
Property, Plant & Equipment	8,315	8,337	8,106	6,070	4,036	2,642
Long-Term Investments	15.02	16.33	13.77	21.38	21.61	21.82
Goodwill	-	-	-	1.98	1.98	1.98
Other Intangible Assets	239.95	253.2	257.55	247.81	255.4	207.06
Long-Term Deferred Tax Assets	146.06	127.93	126.18	38.92	23.67	13.32
Long-Term Deferred Charges	340.44	382.21	393.85	345.81	-	-
Other Long-Term Assets	29.29	49.41	51.46	318.16	377.3	291.72
Total Assets	12,353	11,661	11,441	10,070	7,197	5,006
Accounts Payable	2,357	1,824	2,201	1,614	1,414	923.73
Accrued Expenses	25.83	62	50.34	38.6	32.01	20.29
Short-Term Debt	3,753	3,313	2,896	2,423	1,640	1,102
Current Portion of Long-Term Debt	-	851.45	399.8	329.84	106.18	102.5
Current Income Taxes Payable	8.46	28.31	0.24	4.25	18.44	1.56
Current Unearned Revenue	140.82	53.27	32.14	51.07	44.66	32.07
Other Current Liabilities	1,052	685.46	267.22	19.86	10.38	7.88
Total Current Liabilities	7,337	6,818	5,846	4,481	3,266	2,190
Long-Term Debt	2,166	1,930	2,421	1,961	1,049	697.98
Long-Term Leases	643.91	701.92	388.26	-	-	-
Long-Term Unearned Revenue	52.32	36.73	37.74	41.67	29.77	20.09
Long-Term Deferred Tax Liabilities	3.25	3.38	4.1	3.89	5.54	5.33
Other Long-Term Liabilities	-	-136.09	359.47	595.6	400	205.76
Total Liabilities	10,202	9,354	9,057	7,083	4,750	3,119
Common Stock	594.26	594.25	593.17	593.17	565.95	517.01
Additional Paid-In Capital	831.68	822.71	811.79	823.07	677.77	414.66
Retained Earnings	315.79	346.61	237.94	733.72	627.56	454.36
Treasury Stock	-	-	-	-	-	-64.96
Comprehensive Income & Other	216.97	217.5	219.37	222.34	35.21	113.66
Total Common Equity	1,959	1,981	1,862	2,372	1,906	1,435
Minority Interest	192.31	325.82	522.11	614.79	540.31	452.62
Shareholders' Equity	2,151	2,307	2,384	2,987	2,447	1,887
Total Liabilities & Equity	12,353	11,661	11,441	10,070	7,197	5,006
Total Debt	6,563	6,796	6,105	4,714	2,796	1,902
Net Cash (Debt)	-5,476	-6,022	-5,348	-3,693	-1,930	-1,325
Net Cash Per Share	-10.71	-9.97	-9.06	-5.98	-3.42	-2.59
Filing Date Shares Outstanding	594.26	594.25	593.17	593.17	565.95	504.25
Total Common Shares Outstanding	594.26	594.25	593.17	593.17	565.95	504.22
Working Capital	-4,069	-4,323	-3,354	-1,454	-784.18	-361.26
Book Value Per Share	3.30	3.33	3.14	4.00	3.37	2.85
Tangible Book Value	1,719	1,728	1,605	2,123	1,649	1,226
Tangible Book Value Per Share	2.89	2.91	2.71	3.58	2.91	2.43
Buildings	-	1,588	1,484	1,240	1,080	535.13
Machinery	-	5,671	4,614	3,270	2,475	1,420
Construction In Progress	-	3,267	3,663	2,871	1,521	1,553

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