SHE:002571 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	216.89	181.46	184.6	161.4	235.39	261.2
Cash & Short-Term Investments	216.89	181.46	184.6	161.4	235.39	261.2
Cash Growth	23.09%	-1.70%	14.38%	-31.43%	-9.88%	23.97%
Accounts Receivable	187.41	299.63	185.11	173.34	165.32	144.18
Other Receivables	5.61	6.73	10.2	14.26	9.02	13.39
Receivables	193.01	306.36	195.31	187.6	174.34	157.57
Inventory	571.77	644.11	484.94	531.69	443.24	314.03
Prepaid Expenses	-	0.59	0.32	0.29	0.26	0.51
Other Current Assets	60.14	53.94	67.85	48.29	44.39	25.13
Total Current Assets	1,042	1,186	933.02	929.27	897.62	758.44
Property, Plant & Equipment	1,575	1,624	1,387	1,177	966.95	660.23
Long-Term Investments	152.03	302.59	345.55	352.31	429	452.79
Other Intangible Assets	246.69	251.33	257.48	265.42	173.1	76.08
Long-Term Deferred Tax Assets	5.21	5.61	6.87	8.03	9.2	10.32
Long-Term Deferred Charges	0.96	0.99	2.55	3.42	4.69	0.68
Other Long-Term Assets	55.42	23.85	140.61	60.1	109.21	40
Total Assets	3,077	3,395	3,073	2,796	2,590	1,999
Accounts Payable	782.01	906.79	670.57	586.61	531.05	267.18
Accrued Expenses	24.15	49.37	36.63	37.92	33.15	31.01
Short-Term Debt	387.33	344.47	357.8	301.07	150.6	130.69
Current Portion of Long-Term Debt	147.81	150.82	50.82	97.57	21.62	-
Current Portion of Leases	-	0.1	0.36	0.47	1.07	-
Current Income Taxes Payable	24.53	2.75	2.2	0.04	8.57	4.35
Current Unearned Revenue	35.18	42.13	33.67	27.3	21.18	23.5
Other Current Liabilities	161.13	218.65	145.04	185.66	129.38	38.59
Total Current Liabilities	1,562	1,715	1,297	1,237	896.64	495.32
Long-Term Debt	474.76	542.23	521.5	139.69	132.36	20.24
Long-Term Leases	0.37	-	0.11	54.22	69.19	-
Long-Term Unearned Revenue	20.93	17.74	15.86	18.09	18.24	5.68
Long-Term Deferred Tax Liabilities	8.01	8.01	4.5	5.33	6.22	6.05
Other Long-Term Liabilities	8.13	28.06	8.42	-	-	2.25
Total Liabilities	2,074	2,311	1,847	1,454	1,123	529.55
Common Stock	391.95	391.95	391.95	391.95	391.95	391.95
Additional Paid-In Capital	898.46	906.13	906.63	905.38	909.57	909.58
Retained Earnings	-315.37	-232.79	-59.62	25.89	135.83	89.33
Comprehensive Income & Other	1.43	5.46	-9.97	-3.64	4.88	48.42
Total Common Equity	976.47	1,071	1,229	1,320	1,442	1,439
Minority Interest	25.89	13.08	-3.26	22.37	24.89	29.71
Shareholders' Equity	1,002	1,084	1,226	1,342	1,467	1,469
Total Liabilities & Equity	3,077	3,395	3,073	2,796	2,590	1,999
Total Debt	1,010	1,038	930.59	593.02	374.84	150.93
Net Cash (Debt)	-793.38	-856.16	-745.98	-431.63	-139.46	110.27
Net Cash Growth	-	-	-	-	-	-25.81%
Net Cash Per Share	-2.02	-2.18	-1.90	-1.10	-0.36	0.28
Filing Date Shares Outstanding	391.95	391.95	391.95	391.95	391.95	391.95
Total Common Shares Outstanding	391.95	391.95	391.95	391.95	391.95	391.95
Working Capital	-520.33	-528.62	-364.08	-307.36	0.98	263.12
Book Value Per Share	2.49	2.73	3.14	3.37	3.68	3.67
Tangible Book Value	729.78	819.42	971.51	1,054	1,269	1,363
Tangible Book Value Per Share	1.86	2.09	2.48	2.69	3.24	3.48
Buildings	-	913.7	633.56	686.71	343.43	298.95
Machinery	-	1,294	862.02	777.88	667.21	631.47
Construction In Progress	-	144.57	526.3	266.85	437.78	186.54

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