SHE:002622 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	125.29	147.69	146.39	120.11	192.34	194.41
Trading Asset Securities	-	-	0.71	3.39	-	-
Cash & Short-Term Investments	125.29	147.69	147.1	123.51	192.34	194.41
Cash Growth	-19.09%	0.40%	19.10%	-35.79%	-1.06%	85.98%
Accounts Receivable	29.18	48.21	37.3	52.06	67.89	65.53
Other Receivables	42.25	40.33	41.05	45.95	95.4	24.18
Receivables	71.43	88.54	78.35	98.01	163.29	89.71
Inventory	57.66	50.75	62.14	53.7	50.84	32.97
Prepaid Expenses	-	0.61	0.51	0.1	0.47	1.11
Other Current Assets	18.19	8.83	14.68	32.35	11.85	3.94
Total Current Assets	272.57	296.42	302.79	307.68	418.8	322.14
Property, Plant & Equipment	313.49	327.08	348.99	331.18	320.73	126.96
Long-Term Investments	482.73	487.32	488.28	608.09	640.44	724.21
Goodwill	199.67	199.67	199.67	199.67	236.37	33.21
Other Intangible Assets	46.6	48.29	47.8	48.11	53.02	38.26
Long-Term Deferred Tax Assets	46.88	47.32	49.9	70.51	52.83	57.57
Long-Term Deferred Charges	61.54	60.13	65.85	36.18	34.62	1.45
Other Long-Term Assets	30.21	31.24	32.62	33.99	35.36	36.74
Total Assets	1,454	1,497	1,536	1,635	1,792	1,341
Accounts Payable	63.89	60.3	60.11	47.92	32.28	16.61
Accrued Expenses	26.3	103.58	79.28	48.73	19.24	3.11
Short-Term Debt	190.9	191.59	120.77	125.38	131.4	319.61
Current Portion of Long-Term Debt	137.01	95.75	178.16	145.25	157.77	-
Current Portion of Leases	-	38.72	39.73	44.25	42.22	-
Current Income Taxes Payable	2.84	1.3	3.03	0.1	6.86	-
Current Unearned Revenue	117.56	124.74	154.09	172.61	157.38	16.57
Other Current Liabilities	346.8	271.1	256.58	271.75	41.66	23.71
Total Current Liabilities	885.3	887.08	891.76	855.98	588.83	379.61
Long-Term Debt	-	-	-	65.03	123.18	78.68
Long-Term Leases	141.97	151.1	161.34	126	119.29	-
Long-Term Unearned Revenue	8.33	8.66	9.11	9.56	10	10.47
Long-Term Deferred Tax Liabilities	6.96	7.6	8.54	10.06	11.29	0.72
Other Long-Term Liabilities	-	-	-	0.04	60.8	-
Total Liabilities	1,043	1,054	1,071	1,067	913.38	469.48
Common Stock	840	840	840	840	840	840
Additional Paid-In Capital	21.69	21.69	21.69	18.82	18.82	10.54
Retained Earnings	-441.4	-414.99	-377.3	-176.76	80.03	134.64
Comprehensive Income & Other	-55.92	-48.66	-51.6	-109.56	-79.75	-114.12
Total Common Equity	364.36	398.04	432.78	572.5	859.1	871.06
Minority Interest	46.77	45.01	32.36	-3.75	19.68	-0
Shareholders' Equity	411.13	443.05	465.14	568.75	878.79	871.06
Total Liabilities & Equity	1,454	1,497	1,536	1,635	1,792	1,341
Total Debt	469.88	477.15	500.01	505.91	573.86	398.29
Net Cash (Debt)	-344.59	-329.46	-352.91	-382.4	-381.52	-203.88
Net Cash Per Share	-0.41	-0.39	-0.42	-0.46	-0.45	-0.24
Filing Date Shares Outstanding	840	840	840	840	840	840
Total Common Shares Outstanding	840	840	840	840	840	840
Working Capital	-612.74	-590.65	-588.97	-548.31	-170.03	-57.48
Book Value Per Share	0.43	0.47	0.52	0.68	1.02	1.04
Tangible Book Value	118.09	150.07	185.32	324.72	569.71	799.59
Tangible Book Value Per Share	0.14	0.18	0.22	0.39	0.68	0.95
Buildings	-	179.36	179.36	179.36	179.36	143.72
Machinery	-	90.52	89.79	60.13	79.45	55.52
Construction In Progress	-	-	0.08	7.63	-	-

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