SHE:002514 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	20.7	51.55	88.62	233.93	85.58	115.02
Trading Asset Securities	-	4.5	4.5	4.5	4.5	4.5
Cash & Short-Term Investments	20.7	56.05	93.12	238.43	90.08	119.52
Cash Growth	-46.59%	-39.81%	-60.95%	164.69%	-24.63%	-10.19%
Accounts Receivable	202.31	286.77	521.4	454.89	318.04	303.9
Other Receivables	14.14	46.37	14.86	12.04	34.81	25.93
Receivables	216.45	333.14	536.25	466.93	352.85	329.83
Inventory	97.34	105.52	326.3	137.95	173.61	192.01
Other Current Assets	111.45	111.33	154.56	56.53	69.23	66.77
Total Current Assets	445.95	606.04	1,110	899.84	685.76	708.13
Property, Plant & Equipment	1,011	1,021	984.93	635.07	575.66	614.42
Long-Term Investments	27.16	27.12	60.17	53.38	26.32	19.01
Other Intangible Assets	84.11	87.05	93.42	100.56	53.54	59.9
Long-Term Deferred Tax Assets	55.73	51.96	90.76	80.07	56.42	49.64
Long-Term Deferred Charges	14.91	17.52	23.18	4.27	2.29	2.45
Other Long-Term Assets	61.14	66	532.33	570.07	6.06	12.11
Total Assets	1,700	1,877	2,895	2,343	1,406	1,466
Accounts Payable	310.03	367.91	532.28	297.64	300.71	274.17
Accrued Expenses	21.41	24.04	23.69	22.62	12.74	17.15
Short-Term Debt	372.38	372.07	505.65	321.84	262.46	318.87
Current Portion of Long-Term Debt	71.92	5.01	36.93	1.47	0.06	-
Current Portion of Leases	-	74.34	124.68	39.47	60.28	-
Current Income Taxes Payable	5.66	0.29	0.14	20.57	5.3	0.27
Current Unearned Revenue	16.85	14.38	23.08	5.81	4.75	39.25
Other Current Liabilities	73.12	145.86	22.72	57.75	23.38	56.41
Total Current Liabilities	871.37	1,004	1,269	767.17	669.68	706.12
Long-Term Debt	23.36	25.85	34.8	52.29	41.75	43.53
Long-Term Leases	0.28	74.98	159.79	46.48	50.09	81.63
Long-Term Unearned Revenue	46.97	48.57	52.18	49.92	-	-
Long-Term Deferred Tax Liabilities	0.07	0.15	3.54	2.08	0.69	1.03
Other Long-Term Liabilities	635.11	545.37	133.46	-	-	-
Total Liabilities	1,577	1,699	1,653	917.95	762.22	832.3
Common Stock	720.03	720.03	720.03	720.03	554.03	554.03
Additional Paid-In Capital	588.31	588.18	589.91	587.39	269.36	269.36
Retained Earnings	-1,176	-1,121	-353.93	-155.95	-186.19	-198.52
Comprehensive Income & Other	-9.54	-9.35	-7.6	-8.23	-8.16	-4.67
Total Common Equity	123.18	177.7	948.41	1,143	629.04	620.2
Minority Interest	-	-	293.69	282.06	14.8	13.15
Shareholders' Equity	123.18	177.7	1,242	1,425	643.84	633.35
Total Liabilities & Equity	1,700	1,877	2,895	2,343	1,406	1,466
Total Debt	467.94	552.25	861.85	461.56	414.65	444.02
Net Cash (Debt)	-447.24	-496.2	-768.73	-223.13	-324.57	-324.5
Net Cash Per Share	-0.62	-0.69	-1.07	-0.36	-0.59	-0.59
Filing Date Shares Outstanding	720.03	720.03	720.03	720.03	554.03	554.03
Total Common Shares Outstanding	720.03	720.03	720.03	720.03	554.03	554.03
Working Capital	-425.42	-397.86	-158.93	132.67	16.08	2.01
Book Value Per Share	0.17	0.25	1.32	1.59	1.14	1.12
Tangible Book Value	39.08	90.65	854.99	1,043	575.5	560.3
Tangible Book Value Per Share	0.05	0.13	1.19	1.45	1.04	1.01
Buildings	-	238.09	238.09	238.09	238.09	179.84
Machinery	-	293.11	274.15	199.53	182.94	195.52
Construction In Progress	-	675.28	504.82	114.54	2.25	91.85

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