SHE:002581 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	325.3	506.4	151.91	183.8	187.8	284.15
Cash & Short-Term Investments	325.3	506.4	151.91	183.8	187.8	284.15
Cash Growth	-24.14%	233.35%	-17.35%	-2.13%	-33.91%	-74.65%
Accounts Receivable	199.47	93.32	172.62	179.72	272.96	353.77
Other Receivables	113.42	52.24	78.87	18.36	13.49	16.75
Receivables	312.89	145.55	251.49	198.09	286.45	370.52
Inventory	127.32	79.64	85.31	80.04	64.33	70.87
Other Current Assets	19.35	15.41	7.99	56.43	29.88	40.62
Total Current Assets	784.85	747.01	496.71	518.36	568.45	766.16
Property, Plant & Equipment	325.51	274.74	357.84	705.47	713.76	684.72
Long-Term Investments	936.41	1,056	1,355	1,503	1,223	751.21
Other Intangible Assets	97.8	93.47	108.29	126.32	134.29	144.55
Long-Term Deferred Tax Assets	21.37	11.21	6.12	11.84	25.28	25.14
Long-Term Deferred Charges	0.21	0.32	1.41	5.2	7.78	7.72
Other Long-Term Assets	48.47	13.44	12.26	0.49	83.36	65.46
Total Assets	2,215	2,196	2,337	2,870	2,756	2,445
Accounts Payable	83.58	35.35	73.69	43.64	42.13	14.46
Accrued Expenses	7.96	20.83	22.5	19.32	31.01	32.34
Short-Term Debt	37.53	2.77	13.84	150.42	151.54	118.5
Current Portion of Leases	21.73	0.17	-	13.46	15.83	20.82
Current Income Taxes Payable	2.56	-	0.95	1.2	0.44	0.65
Current Unearned Revenue	1.05	10.46	3.59	26.86	3.43	1.21
Other Current Liabilities	32.53	13.03	19.03	109.38	14.17	18.9
Total Current Liabilities	186.94	82.61	133.61	364.28	258.54	206.87
Long-Term Debt	8.51	-	-	-	-	-
Long-Term Leases	3.07	-	0.71	1.47	9.8	27.77
Long-Term Unearned Revenue	5.49	5.49	5.49	6.71	9.74	10.96
Long-Term Deferred Tax Liabilities	9.78	9.39	7.51	7.68	8.68	8.74
Other Long-Term Liabilities	7.72	76.12	16.09	9.67	-	-
Total Liabilities	221.51	173.61	163.41	389.82	286.76	254.33
Common Stock	229.15	229.15	229.15	229.15	229.15	229.15
Additional Paid-In Capital	880.95	866.41	873.93	858.5	858.29	858.29
Retained Earnings	759.27	828.08	965.39	1,298	1,301	1,030
Total Common Equity	1,869	1,924	2,068	2,385	2,388	2,117
Minority Interest	123.74	98.67	105.26	94.94	81.11	73.43
Shareholders' Equity	1,993	2,022	2,174	2,480	2,469	2,191
Total Liabilities & Equity	2,215	2,196	2,337	2,870	2,756	2,445
Total Debt	70.84	2.94	14.55	165.35	177.16	167.09
Net Cash (Debt)	254.46	503.47	137.36	18.45	10.64	117.06
Net Cash Growth	-40.63%	266.52%	644.38%	73.50%	-90.91%	-43.55%
Net Cash Per Share	0.39	0.76	0.21	0.03	0.02	0.18
Filing Date Shares Outstanding	659.56	659.74	659.74	659.74	659.74	659.74
Total Common Shares Outstanding	659.56	659.74	659.74	659.74	659.74	659.74
Working Capital	597.91	664.4	363.1	154.08	309.91	559.3
Book Value Per Share	2.83	2.92	3.14	3.62	3.62	3.21
Tangible Book Value	1,772	1,830	1,960	2,259	2,254	1,973
Tangible Book Value Per Share	2.69	2.77	2.97	3.42	3.42	2.99
Buildings	-	393.55	486.08	639.62	612.92	426.35
Machinery	-	431.4	432.25	413.16	424.47	345.34
Construction In Progress	-	38.11	22.17	91.43	64.86	353.63

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