SHE:002596 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	32.73	85.47	72.24	115.61	198.05	469.57
Trading Asset Securities	2.95	-	-	-	-	-
Cash & Short-Term Investments	35.68	85.47	72.24	115.61	198.05	469.57
Cash Growth	-72.51%	18.31%	-37.51%	-41.62%	-57.82%	25.67%
Accounts Receivable	2,149	2,242	2,471	2,468	2,841	2,108
Other Receivables	102.82	107.72	179.23	305.19	245.64	247.87
Receivables	2,252	2,350	2,651	2,773	3,087	2,356
Inventory	19.43	23.38	63.01	93.23	258.01	310.33
Other Current Assets	111.06	107.35	88.91	87.31	121.25	71.8
Total Current Assets	2,418	2,566	2,875	3,069	3,664	3,208
Property, Plant & Equipment	182.39	217.16	257.13	320.99	511.84	599.56
Long-Term Investments	169.05	176.4	160.08	155.89	112.5	112.05
Goodwill	0.22	0.22	0.22	231.94	391.69	1,042
Other Intangible Assets	169.55	199.36	242.1	283.38	451.43	386.59
Long-Term Accounts Receivable	-	-	-	1.55	3.81	-
Long-Term Deferred Tax Assets	71.35	73.32	102.22	99.97	85.71	121.97
Long-Term Deferred Charges	27.95	34.45	71.2	93.84	119.53	122.19
Other Long-Term Assets	179.03	169.49	236.92	298.24	224.79	915.86
Total Assets	3,217	3,437	3,945	4,555	5,565	6,508
Accounts Payable	921.26	1,038	1,168	1,082	1,303	1,228
Accrued Expenses	91.23	147.32	167.96	162.52	73.36	65.32
Short-Term Debt	112.46	107.27	109.34	84.9	8	103.7
Current Portion of Long-Term Debt	524.16	74.77	86.52	179.8	345.65	382.56
Current Portion of Leases	-	7.77	14.82	25.97	100.91	95.87
Current Income Taxes Payable	44.34	14.52	20.06	23.57	34.62	46.17
Current Unearned Revenue	40.91	31.86	22.86	18.01	27.08	28.85
Other Current Liabilities	177.97	164.87	149.28	269.52	228.69	103.24
Total Current Liabilities	1,912	1,587	1,739	1,846	2,121	2,054
Long-Term Debt	626.91	1,093	1,185	1,148	1,205	1,057
Long-Term Leases	26.76	31	33.76	52.07	129.78	118.26
Long-Term Unearned Revenue	-	-	0.09	0.09	11.58	10.4
Long-Term Deferred Tax Liabilities	3.92	5.4	8.3	13.86	41.34	44.36
Other Long-Term Liabilities	14.13	8.92	9.93	9.57	9.21	8.86
Total Liabilities	2,584	2,724	2,976	3,069	3,518	3,293
Common Stock	1,148	1,148	1,148	1,148	1,148	1,148
Additional Paid-In Capital	1,607	1,607	1,607	1,608	1,609	1,610
Retained Earnings	-2,086	-2,005	-1,755	-1,248	-754.43	391.65
Comprehensive Income & Other	-	-	-8.59	-8.59	-8.59	-8.59
Total Common Equity	668.26	749.46	990.99	1,500	1,993	3,141
Minority Interest	-35.09	-37.23	-22.31	-13.56	54.34	74.3
Shareholders' Equity	633.17	712.23	968.68	1,486	2,047	3,215
Total Liabilities & Equity	3,217	3,437	3,945	4,555	5,565	6,508
Total Debt	1,290	1,313	1,430	1,490	1,789	1,758
Net Cash (Debt)	-1,255	-1,228	-1,357	-1,375	-1,591	-1,288
Net Cash Per Share	-1.04	-1.07	-1.18	-1.20	-1.38	-1.24
Filing Date Shares Outstanding	1,148	1,148	1,148	1,148	1,148	1,148
Total Common Shares Outstanding	1,148	1,148	1,148	1,148	1,148	1,148
Working Capital	505.36	979.7	1,136	1,223	1,543	1,154
Book Value Per Share	0.58	0.65	0.86	1.31	1.74	2.74
Tangible Book Value	498.49	549.88	748.67	984.24	1,150	1,712
Tangible Book Value Per Share	0.43	0.48	0.65	0.86	1.00	1.49
Buildings	-	242.04	247.85	249.45	358.55	495.42
Machinery	-	316.48	345.63	391.56	760.91	717.9
Construction In Progress	-	1.46	-	0.49	34.44	52.88

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