SHE:002547 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	289.11	381.12	612.81	891.23	971.92	875.53
Short-Term Investments	-	-	-	139.29	140	194.55
Trading Asset Securities	2	-	2	3	5	19.71
Cash & Short-Term Investments	291.11	381.12	614.81	1,034	1,117	1,090
Cash Growth	-36.68%	-38.01%	-40.51%	-7.47%	2.49%	20.60%
Accounts Receivable	628.99	701.47	713.93	977.8	954.36	1,114
Other Receivables	59.3	60.14	103.02	258.67	544.09	516.2
Receivables	688.29	761.61	816.95	1,236	1,514	1,659
Inventory	472.8	448.86	389.69	485.31	434.47	460.87
Prepaid Expenses	-	5.28	4	3.19	2.22	0.65
Other Current Assets	609.13	507.87	102.48	130.87	150.18	148.32
Total Current Assets	2,061	2,105	1,928	2,889	3,218	3,359
Property, Plant & Equipment	1,736	1,850	1,699	1,490	1,651	1,398
Long-Term Investments	142.21	137.1	138.19	138.91	226.41	658.58
Goodwill	-	-	-	-	-	0.88
Other Intangible Assets	113.47	116.63	127.41	132.34	140.31	53.34
Long-Term Accounts Receivable	-	-	0.08	6.81	42.24	33.56
Long-Term Deferred Tax Assets	318.6	289.85	260.17	214.76	165.46	119.92
Long-Term Deferred Charges	30.6	39.05	36.57	25.69	60.63	43.41
Other Long-Term Assets	352.73	312.15	736.74	763.87	699.98	443.28
Total Assets	4,755	4,900	4,926	5,662	6,205	6,109
Accounts Payable	1,390	1,434	1,531	2,199	2,533	2,235
Accrued Expenses	60.32	85.55	55.63	73.49	71.94	54.44
Short-Term Debt	1,685	1,763	1,619	1,421	1,492	1,657
Current Portion of Long-Term Debt	1,117	175.03	154.03	56.58	7.57	-
Current Portion of Leases	-	857.18	26.2	3.77	11.12	-
Current Income Taxes Payable	27.4	0.46	0.11	0.05	0.13	2.71
Current Unearned Revenue	1.59	5.95	2.22	2.12	3.13	2.08
Other Current Liabilities	202.32	112.75	95.14	190.56	179.91	86.02
Total Current Liabilities	4,483	4,434	3,483	3,947	4,299	4,038
Long-Term Debt	161.43	176.62	202.55	273.97	197.64	171.89
Long-Term Leases	34.25	53.61	852.5	810.42	837.5	3.21
Long-Term Unearned Revenue	168.24	149.28	97.89	92.7	122.45	29.53
Long-Term Deferred Tax Liabilities	6.76	8.3	9.55	3.73	3.96	12.49
Other Long-Term Liabilities	43.54	6.12	6.33	1.9	22.38	71.41
Total Liabilities	4,897	4,828	4,652	5,129	5,483	4,326
Common Stock	1,128	1,128	1,128	1,128	1,128	1,128
Additional Paid-In Capital	1,434	1,434	1,434	1,434	1,434	1,434
Retained Earnings	-2,713	-2,512	-2,313	-2,065	-1,922	-889.58
Comprehensive Income & Other	-1.83	-1.33	-5.83	-6.75	-11.75	-10.17
Total Common Equity	-151.91	48.63	243.16	490.32	628.55	1,663
Minority Interest	9.51	23.96	30.96	42.47	93.36	120.52
Shareholders' Equity	-142.4	72.59	274.13	532.79	721.91	1,783
Total Liabilities & Equity	4,755	4,900	4,926	5,662	6,205	6,109
Total Debt	2,997	3,026	2,855	2,566	2,546	1,832
Net Cash (Debt)	-2,706	-2,645	-2,240	-1,532	-1,429	-742.58
Net Cash Per Share	-2.40	-2.34	-1.99	-1.36	-1.27	-0.66
Filing Date Shares Outstanding	1,128	1,128	1,128	1,128	1,128	1,128
Total Common Shares Outstanding	1,128	1,128	1,128	1,128	1,128	1,128
Working Capital	-2,422	-2,329	-1,555	-1,057	-1,081	-678.74
Book Value Per Share	-0.13	0.04	0.22	0.43	0.56	1.47
Tangible Book Value	-265.37	-68	115.76	357.98	488.24	1,608
Tangible Book Value Per Share	-0.24	-0.06	0.10	0.32	0.43	1.43
Buildings	-	909.49	906.93	908.51	907.29	414.32
Machinery	-	1,982	1,592	1,594	1,673	2,016
Construction In Progress	-	294.5	431.62	78.21	86.79	18.34

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