SHE:002535 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	264.76	213.36	256.97	371.95	261.3	593.67
Cash & Short-Term Investments	264.76	213.36	256.97	371.95	261.3	593.67
Cash Growth	-12.54%	-16.97%	-30.91%	42.34%	-55.99%	12.13%
Accounts Receivable	994.97	1,075	818.79	907.33	774.76	909.8
Other Receivables	122.95	96.8	28.79	29.35	69.52	371.76
Receivables	1,118	1,172	847.58	936.67	844.28	1,282
Inventory	406.94	473.55	426.4	360.54	400.59	344.13
Prepaid Expenses	-	-	-	-	-	0.61
Other Current Assets	31.38	27.48	52.49	46.95	56.71	58.25
Total Current Assets	1,821	1,886	1,583	1,716	1,563	2,278
Property, Plant & Equipment	1,559	1,646	1,518	1,550	1,475	1,550
Long-Term Investments	410.71	416.01	535.65	590.45	590.77	457.14
Other Intangible Assets	141.78	144.72	148.66	152.64	156.53	160.21
Long-Term Accounts Receivable	-	-	-	7.72	8.86	67.17
Long-Term Deferred Tax Assets	185.06	190.97	200.69	187.13	176.29	268.65
Long-Term Deferred Charges	-	-	-	-	0.98	-
Other Long-Term Assets	3.32	4.38	2.97	4.54	0.57	16.16
Total Assets	4,121	4,288	3,989	4,209	3,972	4,798
Accounts Payable	802.64	696.3	870.02	684.27	528.18	672.54
Accrued Expenses	168.42	245.4	213.02	150.42	107.1	171.66
Short-Term Debt	945.15	1,020	937.72	1,220	1,689	1,708
Current Portion of Long-Term Debt	413.39	234.48	306.2	265.43	131.81	39.7
Current Portion of Leases	-	40.9	7.43	36.35	-	101.07
Current Income Taxes Payable	54.68	9.04	5.73	6.56	6.63	2.62
Current Unearned Revenue	103.43	43.67	23.26	105.21	20.44	33.04
Other Current Liabilities	403.83	574.75	369.56	487.37	485.33	355.7
Total Current Liabilities	2,892	2,865	2,733	2,956	2,968	3,085
Long-Term Debt	266.54	430.42	367.76	331.61	108.43	263.41
Long-Term Leases	99.15	201.28	218.14	7.43	-	107.92
Long-Term Unearned Revenue	133.4	136.59	104.67	111.4	121.35	131.31
Long-Term Deferred Tax Liabilities	3.12	-	5.68	9.27	-	-
Other Long-Term Liabilities	9.63	9.63	9.79	372.21	372.12	379.49
Total Liabilities	3,403	3,643	3,439	3,788	3,570	3,967
Common Stock	801.68	801.68	801.68	801.68	801.68	801.68
Additional Paid-In Capital	1,796	1,796	1,796	1,784	1,784	1,784
Retained Earnings	-1,889	-1,960	-2,055	-2,172	-2,191	-1,763
Total Common Equity	708.55	637.3	541.96	413.23	394.31	823.07
Minority Interest	8.75	8.35	8.05	8.05	7.34	8.07
Shareholders' Equity	717.3	645.65	550	421.28	401.65	831.14
Total Liabilities & Equity	4,121	4,288	3,989	4,209	3,972	4,798
Total Debt	1,724	1,927	1,837	1,861	1,929	2,220
Net Cash (Debt)	-1,459	-1,714	-1,580	-1,489	-1,667	-1,627
Net Cash Per Share	-1.82	-2.14	-1.97	-1.58	-2.06	-2.18
Filing Date Shares Outstanding	801.68	801.68	801.68	801.68	801.68	801.68
Total Common Shares Outstanding	801.68	801.68	801.68	801.68	801.68	801.68
Working Capital	-1,071	-978.43	-1,149	-1,240	-1,405	-806.45
Book Value Per Share	0.88	0.79	0.68	0.52	0.49	1.03
Tangible Book Value	566.77	492.59	393.3	260.59	237.78	662.86
Tangible Book Value Per Share	0.71	0.61	0.49	0.33	0.30	0.83
Buildings	-	981.04	981.04	980.64	980.48	990.81
Machinery	-	1,705	1,510	1,466	1,288	1,315
Construction In Progress	-	56.91	135.68	105.65	150.63	103.04

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