SHE:002652 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	21.43	31.23	2.96	43.26	44.33	185.75
Trading Asset Securities	-	-	69.9	10.1	0	-
Cash & Short-Term Investments	21.43	31.23	72.86	53.36	44.33	185.75
Cash Growth	-4.33%	-57.14%	36.54%	20.37%	-76.13%	13.45%
Accounts Receivable	83.24	101.04	118.18	134.32	143.7	241.77
Other Receivables	34.17	39.08	50.13	65.53	311.8	345.45
Receivables	117.42	140.12	168.31	199.84	455.5	587.22
Inventory	37.22	37.45	45.55	48.13	45.4	48.17
Prepaid Expenses	-	0.38	-	-	0.68	-
Other Current Assets	7.86	3.56	4.56	6.87	14.59	2.61
Total Current Assets	183.92	212.75	291.28	308.21	560.5	823.75
Property, Plant & Equipment	64.89	70.2	83.27	96.55	110.73	126.58
Long-Term Investments	143.23	143.23	133.11	137.18	26.09	29.75
Other Intangible Assets	8.51	8.68	9.39	9.66	9.93	10.06
Long-Term Deferred Tax Assets	27.65	25.55	24.71	20.39	11.35	3.19
Long-Term Deferred Charges	0.05	0.25	0.58	0.97	1.48	2.44
Other Long-Term Assets	19.62	22.1	23.27	26.33	28.74	29.81
Total Assets	447.87	482.75	565.62	599.3	748.81	1,026
Accounts Payable	12.35	17.83	14.55	13.59	12.83	410.89
Accrued Expenses	3.16	11.46	10.92	6.34	6.82	12.61
Short-Term Debt	171.29	172.82	212.75	334.98	431.17	268.6
Current Portion of Leases	-	0.1	0.16	0.15	0.14	-
Current Income Taxes Payable	0.95	0.01	0.4	0.27	1.32	1.52
Current Unearned Revenue	2.02	3.07	0.58	1.3	1.12	8.36
Other Current Liabilities	1.44	5.17	63.8	12.93	15.61	2.9
Total Current Liabilities	191.2	210.45	303.15	369.56	469.01	704.88
Long-Term Leases	-	-	0.17	0.32	0.47	-
Long-Term Deferred Tax Liabilities	5.92	5.93	2.95	1.99	0	-
Total Liabilities	197.11	216.38	306.27	371.88	469.48	704.88
Common Stock	512.06	512.06	512.06	512.06	512.06	512.06
Additional Paid-In Capital	8.96	8.96	8.96	8.96	10.04	10.04
Retained Earnings	-270.26	-254.66	-261.67	-293.6	-257.39	-201.41
Total Common Equity	250.76	266.37	259.36	227.42	264.72	320.7
Minority Interest	-	-	-	-	14.61	-
Shareholders' Equity	250.76	266.37	259.36	227.42	279.33	320.7
Total Liabilities & Equity	447.87	482.75	565.62	599.3	748.81	1,026
Total Debt	171.29	172.91	213.08	335.45	431.78	268.6
Net Cash (Debt)	-149.85	-141.68	-140.22	-282.09	-387.46	-82.85
Net Cash Per Share	-0.29	-0.28	-0.27	-0.55	-0.76	-0.16
Filing Date Shares Outstanding	512.06	512.06	512.06	512.06	512.06	512.06
Total Common Shares Outstanding	512.06	512.06	512.06	512.06	512.06	512.06
Working Capital	-7.27	2.29	-11.87	-61.36	91.49	118.87
Book Value Per Share	0.49	0.52	0.51	0.44	0.52	0.63
Tangible Book Value	242.25	257.69	249.97	217.76	254.78	310.64
Tangible Book Value Per Share	0.47	0.50	0.49	0.43	0.50	0.61
Buildings	-	127.68	135.41	135.41	135.41	139.3
Machinery	-	89.83	89.32	88.7	88.32	88.64

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