SHE:002548 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	295.26	337.81	754.38	1,284	807.27	1,202
Trading Asset Securities	7.67	-	0.16	-	55.73	0.1
Cash & Short-Term Investments	302.92	337.81	754.54	1,284	863	1,202
Cash Growth	-38.64%	-55.23%	-41.24%	48.80%	-28.19%	128.45%
Accounts Receivable	211.98	67.8	104.85	105.8	78.82	146.76
Other Receivables	67.17	71.9	114.42	199.41	112.4	77.16
Receivables	279.15	139.69	219.28	305.22	191.22	223.91
Inventory	771.93	711.45	684.39	737.96	871.25	970.72
Prepaid Expenses	-	0.73	0.87	2.36	3.36	4.61
Other Current Assets	50.77	36.88	14.8	43.72	44.48	160.2
Total Current Assets	1,405	1,227	1,674	2,373	1,973	2,561
Property, Plant & Equipment	3,680	3,830	3,950	4,160	4,300	2,601
Long-Term Investments	38.21	32.08	26.94	85.16	69.92	110.38
Goodwill	33.35	35.42	34.74	35.21	98.29	298.63
Other Intangible Assets	109.55	115.03	124.36	131.09	242.87	238.65
Long-Term Deferred Tax Assets	93.26	78.52	73.29	73.88	51.9	67.91
Long-Term Deferred Charges	37.18	43.37	46.85	44.27	51.73	130.38
Other Long-Term Assets	54.29	49.49	52.88	74.99	109.71	149.2
Total Assets	5,451	5,410	5,983	6,978	6,897	6,157
Accounts Payable	409.78	420.74	473.64	398.16	603.5	449.18
Accrued Expenses	31.23	97.08	111.31	96.56	187.24	121.98
Short-Term Debt	1,766	1,454	1,533	1,297	986.63	914.17
Current Portion of Long-Term Debt	505.91	402.81	453.85	486.01	240.29	-
Current Portion of Leases	-	150.41	182.85	197.79	64.32	-
Current Income Taxes Payable	8.25	3.13	2.62	2.76	3.74	7.1
Current Unearned Revenue	27.78	20.1	18.34	35.19	73.5	102.39
Other Current Liabilities	354.25	248.63	475.46	933.27	654.96	715.21
Total Current Liabilities	3,104	2,797	3,251	3,447	2,814	2,310
Long-Term Debt	596.17	643.03	815.03	900.17	1,310	619.45
Long-Term Leases	182.99	285.78	249.1	369.91	334.61	-
Long-Term Unearned Revenue	84.69	77.24	71.84	67.07	60.68	36.86
Long-Term Deferred Tax Liabilities	4.14	4.21	4.51	9.68	8.25	13.17
Other Long-Term Liabilities	-	-	40	3	34.21	119
Total Liabilities	3,972	3,807	4,431	4,797	4,562	3,099
Common Stock	828.17	805.09	804.55	806.1	690.73	691.05
Additional Paid-In Capital	2,037	2,011	1,971	1,973	1,816	1,643
Retained Earnings	-1,394	-1,302	-1,332	-672.32	-692.3	323.49
Treasury Stock	-45.47	-	-	-14.21	-30.1	-51.36
Comprehensive Income & Other	-	-	37.66	37.69	37.76	37.84
Total Common Equity	1,425	1,514	1,481	2,131	1,822	2,644
Minority Interest	54.36	88.58	71.45	51	512.99	414.1
Shareholders' Equity	1,479	1,603	1,552	2,182	2,335	3,058
Total Liabilities & Equity	5,451	5,410	5,983	6,978	6,897	6,157
Total Debt	3,051	2,936	3,233	3,251	2,936	1,534
Net Cash (Debt)	-2,749	-2,599	-2,479	-1,967	-2,073	-331.77
Net Cash Per Share	-4.25	-3.45	-3.16	-2.97	-3.09	-0.60
Filing Date Shares Outstanding	828.17	805.09	804.55	806.1	690.73	521.63
Total Common Shares Outstanding	828.17	805.09	804.55	806.1	690.73	521.63
Working Capital	-1,699	-1,571	-1,577	-1,074	-840.88	251.26
Book Value Per Share	1.72	1.88	1.84	2.64	2.64	5.07
Tangible Book Value	1,282	1,364	1,322	1,964	1,481	2,107
Tangible Book Value Per Share	1.55	1.69	1.64	2.44	2.14	4.04
Buildings	-	3,062	2,739	2,090	1,960	1,522
Machinery	-	1,015	906.42	771.2	756.8	579.91
Construction In Progress	-	132.91	583.69	1,297	1,372	552.55

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