SHE:002496 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	40.32	28.51	72.97	57.97	155.67	426.43
Trading Asset Securities	-	-	-	-	2	2.75
Cash & Short-Term Investments	40.32	28.51	72.97	57.97	157.67	429.18
Cash Growth	-14.38%	-60.93%	25.88%	-63.23%	-63.26%	46.91%
Accounts Receivable	18.56	87.49	56.85	111.66	143.39	355.02
Other Receivables	58.49	100.4	92.08	224.4	285.53	44.49
Receivables	77.04	187.89	148.93	336.06	428.91	399.51
Inventory	74.55	57.48	98.78	83.04	128.03	642.47
Prepaid Expenses	-	2.18	-	-	-	-
Other Current Assets	130.31	51.55	63.11	65.55	53.37	88.32
Total Current Assets	322.22	327.61	383.8	542.62	767.97	1,559
Property, Plant & Equipment	400.36	392.1	480.79	507.53	583.93	1,952
Long-Term Investments	1,425	1,438	1,705	1,953	2,082	908.1
Goodwill	6.96	-	-	-	-	-
Other Intangible Assets	71.15	68.76	111.35	113.81	124.85	222.21
Long-Term Deferred Tax Assets	17.83	18.85	35.42	114.18	130.32	192.95
Long-Term Deferred Charges	24.37	25.79	18.56	29.14	28.89	78.55
Other Long-Term Assets	0.31	2.93	14.48	8.48	45.86	58.68
Total Assets	2,268	2,274	2,749	3,269	3,764	4,972
Accounts Payable	97.52	162.61	216.36	313.19	357.15	545.78
Accrued Expenses	10.12	130.03	103.25	115.74	103.15	86.79
Short-Term Debt	259.2	348.1	559.16	486.63	612.34	1,270
Current Portion of Long-Term Debt	4.02	3	3	3	-	22.4
Current Portion of Leases	-	0.93	0.88	0.84	-	-
Current Income Taxes Payable	75.64	71.44	71.45	78.58	72.11	96.04
Current Unearned Revenue	109.24	38.19	38.76	44.92	40.99	138.48
Other Current Liabilities	260.29	105.74	8.21	17.74	18.41	28.95
Total Current Liabilities	816.03	860.05	1,001	1,061	1,204	2,189
Long-Term Debt	45.6	36.06	39.06	42.07	-	-
Long-Term Leases	1.11	1.84	2.78	3.66	-	-
Long-Term Unearned Revenue	12.12	12.72	25.21	26.47	29.51	40.75
Long-Term Deferred Tax Liabilities	20.47	19.33	20.14	86.1	88.44	155.06
Other Long-Term Liabilities	92.4	72.09	242.89	201.14	221.28	212.83
Total Liabilities	987.73	1,002	1,331	1,420	1,543	2,597
Common Stock	1,508	1,508	1,508	1,508	1,508	1,508
Additional Paid-In Capital	709.66	709.66	709.66	712.81	712.81	851.13
Retained Earnings	-884.99	-881.76	-726.67	-259.34	195.61	-112.13
Comprehensive Income & Other	-7.71	-7.11	-4.21	-2.4	-4.13	202.86
Total Common Equity	1,325	1,328	1,486	1,959	2,412	2,449
Minority Interest	-44.56	-56.17	-68.07	-109.79	-191.24	-74.42
Shareholders' Equity	1,280	1,272	1,418	1,849	2,221	2,375
Total Liabilities & Equity	2,268	2,274	2,749	3,269	3,764	4,972
Total Debt	309.94	389.94	604.89	536.19	612.34	1,293
Net Cash (Debt)	-269.61	-361.43	-531.91	-478.22	-454.67	-863.32
Net Cash Per Share	-0.17	-0.23	-0.35	-0.32	-0.30	-0.58
Filing Date Shares Outstanding	1,508	1,508	1,508	1,508	1,508	1,508
Total Common Shares Outstanding	1,508	1,508	1,508	1,508	1,508	1,508
Working Capital	-493.81	-532.44	-617.28	-518.02	-436.17	-629.07
Book Value Per Share	0.88	0.88	0.99	1.30	1.60	1.62
Tangible Book Value	1,246	1,260	1,375	1,845	2,287	2,227
Tangible Book Value Per Share	0.83	0.84	0.91	1.22	1.52	1.48
Buildings	-	545.48	597.58	614.93	689.81	-
Machinery	-	172.78	248.62	239.48	237.54	-
Construction In Progress	-	0.65	11.31	8.67	8.79	-

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