SHE:002513 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	1,114	408.13	457.34	24	84.57	331.46
Cash & Short-Term Investments	1,114	408.13	457.34	24	84.57	331.46
Cash Growth	242.02%	-10.76%	1805.42%	-71.62%	-74.49%	18.21%
Accounts Receivable	497.23	432.97	532.28	97.86	78.67	53.53
Other Receivables	103.67	113.7	207.84	77.23	187.04	236.3
Receivables	600.89	546.67	740.12	182.4	272.79	294.04
Inventory	361.42	182.44	167.77	98.05	132.7	129.76
Prepaid Expenses	-	-	-	0.88	-	0.04
Other Current Assets	222.6	170.31	210.44	54.94	55.98	67.64
Total Current Assets	2,299	1,308	1,576	360.27	546.04	822.94
Property, Plant & Equipment	1,930	1,754	1,526	868.19	935.6	1,256
Long-Term Investments	13.21	9.1	8.89	7.44	4.89	3.56
Other Intangible Assets	61.34	61.74	58.58	43.59	46.86	49.46
Long-Term Accounts Receivable	-	-	-	-	-	42
Long-Term Deferred Tax Assets	229.55	205.82	126.77	96.52	170.16	119.2
Long-Term Deferred Charges	8.74	0.81	0.53	0	0.02	0.15
Other Long-Term Assets	101.45	79.71	90.84	95.21	20.31	18.1
Total Assets	4,643	3,419	3,400	1,476	1,728	2,311
Accounts Payable	2,105	1,334	1,213	543.16	631.68	629.1
Accrued Expenses	18.41	29.93	30.83	34.24	23.52	13.23
Short-Term Debt	220.59	169.15	212.64	117.7	97.02	172.32
Current Portion of Long-Term Debt	92.62	33.77	-	-	-	-
Current Portion of Leases	-	0.89	0.67	0.57	0.33	145.43
Current Income Taxes Payable	7.91	0.9	19.78	0.25	0.24	-
Current Unearned Revenue	110.25	143.61	126.28	52.4	57.86	33.85
Other Current Liabilities	1,035	620.37	914.37	288.6	234.59	140
Total Current Liabilities	3,590	2,333	2,517	1,037	1,045	1,134
Long-Term Debt	389.33	422.64	408.46	-	-	-
Long-Term Leases	10.9	9.93	0.47	0.13	0.29	-
Long-Term Unearned Revenue	217.42	208.23	114.11	6.16	8.96	13.41
Long-Term Deferred Tax Liabilities	3.18	2.17	2.12	2.21	2.62	0.04
Other Long-Term Liabilities	205.1	130.21	106.3	72.54	4.21	3.77
Total Liabilities	4,416	3,106	3,149	1,118	1,061	1,151
Common Stock	355.56	375.28	373.94	373.94	340.09	340.09
Additional Paid-In Capital	2,135	2,136	1,898	1,902	1,825	1,825
Retained Earnings	-2,481	-2,403	-2,151	-1,819	-1,498	-1,007
Treasury Stock	-27.86	-78.75	-101.55	-101.55	-	-
Comprehensive Income & Other	3.84	3.26	5.48	1.74	-0.25	1.83
Total Common Equity	-14.13	32.54	25.22	357.59	666.64	1,160
Minority Interest	240.92	280.04	225.43	-0	-	-
Shareholders' Equity	226.79	312.58	250.66	357.59	666.64	1,160
Total Liabilities & Equity	4,643	3,419	3,400	1,476	1,728	2,311
Total Debt	713.44	636.37	622.24	118.4	97.64	317.75
Net Cash (Debt)	400.84	-228.23	-164.9	-94.4	-13.07	13.71
Net Cash Per Share	1.06	-0.62	-0.44	-0.25	-0.04	0.04
Filing Date Shares Outstanding	355.56	375.28	373.94	372.3	340.09	340.09
Total Common Shares Outstanding	355.56	375.28	373.94	372.3	340.09	340.09
Working Capital	-1,291	-1,026	-941.8	-676.64	-499.2	-310.99
Book Value Per Share	-0.04	0.09	0.07	0.96	1.96	3.41
Tangible Book Value	-75.47	-29.2	-33.35	314	619.78	1,110
Tangible Book Value Per Share	-0.21	-0.08	-0.09	0.84	1.82	3.27
Buildings	-	1,278	866.63	667.45	686.42	766.14
Machinery	-	1,395	938.68	1,295	1,458	1,472
Construction In Progress	-	5.29	542.38	14.01	5.05	143.5

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