SHE:002538 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	147.92	249.63	170.92	1,022	785.88	1,113
Short-Term Investments	509.97	113.41	33.09	189.24	-	-
Trading Asset Securities	350.26	400.05	551.05	492.37	668.8	1,005
Cash & Short-Term Investments	1,008	763.09	755.06	1,704	1,455	2,118
Cash Growth	42.04%	1.06%	-55.68%	17.12%	-31.32%	123.23%
Accounts Receivable	144.37	426.64	81.68	170.66	106.87	143.87
Other Receivables	7.33	36.48	36.06	103.1	63.89	34.66
Receivables	151.7	463.13	117.74	273.76	260.76	178.53
Inventory	1,361	915.93	954.76	815.21	1,369	479.43
Other Current Assets	452.9	370.32	286.01	220.68	200.97	605.82
Total Current Assets	2,974	2,512	2,114	3,013	3,286	3,382
Property, Plant & Equipment	1,545	1,564	1,682	1,808	1,956	1,630
Long-Term Investments	-	529.74	799.56	352.31	413.73	525.74
Goodwill	308.69	308.69	308.69	308.69	308.69	21.14
Other Intangible Assets	1,281	1,204	1,222	1,223	1,240	384.2
Long-Term Deferred Tax Assets	13.93	30.82	41.93	32.87	24.21	19.4
Long-Term Deferred Charges	130.28	142.19	154.71	204.04	250.94	22.09
Other Long-Term Assets	121.89	92.54	4.74	0.4	13.02	24.18
Total Assets	6,375	6,385	6,328	6,943	7,492	6,098
Accounts Payable	154.2	199.36	250.9	473.97	607.83	333.63
Accrued Expenses	24.87	72.12	63.8	79.6	61.89	107.05
Short-Term Debt	-	-	-	100.09	392.32	400.37
Current Portion of Long-Term Debt	-	-	50.05	160.23	100.36	3.5
Current Income Taxes Payable	9.9	15.82	28.16	20.45	29.46	14.74
Current Unearned Revenue	322.15	293.16	237.17	233.91	335.32	244.74
Other Current Liabilities	297.49	279.57	263.78	182.4	364.04	85.44
Total Current Liabilities	808.6	860.02	893.87	1,251	1,891	1,189
Long-Term Debt	-	-	-	50	250	681.65
Long-Term Unearned Revenue	23.27	29.38	37.71	45.8	53.58	61.61
Long-Term Deferred Tax Liabilities	172.4	179.17	188.66	197.37	207.11	7.63
Other Long-Term Liabilities	4	4	-	53.34	51.39	-
Total Liabilities	1,008	1,073	1,120	1,597	2,453	1,940
Common Stock	853.56	853.56	853.56	853.56	853.56	718.15
Additional Paid-In Capital	2,077	2,077	2,077	2,077	2,077	1,373
Retained Earnings	2,435	2,382	2,275	2,415	2,106	1,829
Comprehensive Income & Other	1.61	0.44	2.01	0.99	1.65	151.28
Total Common Equity	5,366	5,312	5,207	5,346	5,038	4,072
Minority Interest	-	-	-	-	-	86
Shareholders' Equity	5,366	5,312	5,207	5,346	5,038	4,158
Total Liabilities & Equity	6,375	6,385	6,328	6,943	7,492	6,098
Total Debt	-	-	50.05	310.33	742.68	1,086
Net Cash (Debt)	1,008	763.09	705.01	1,393	712	1,033
Net Cash Growth	42.04%	8.24%	-49.41%	95.71%	-31.05%	1895.99%
Net Cash Per Share	1.18	0.89	0.83	1.63	0.84	1.33
Filing Date Shares Outstanding	853.56	853.56	853.56	853.56	853.56	718.15
Total Common Shares Outstanding	853.56	853.56	853.56	853.56	853.56	718.15
Working Capital	2,165	1,652	1,220	1,763	1,394	2,192
Book Value Per Share	6.29	6.22	6.10	6.26	5.90	5.67
Tangible Book Value	3,777	3,799	3,676	3,814	3,490	3,667
Tangible Book Value Per Share	4.43	4.45	4.31	4.47	4.09	5.11
Buildings	-	1,968	1,958	1,942	1,773	1,458
Machinery	-	1,216	1,211	1,241	1,209	1,078
Construction In Progress	-	120.06	120.49	103.86	265.85	139.45

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