SHE:002679 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	87.75	183.22	255.45	114.5	243.68	96.99
Cash & Short-Term Investments	87.75	183.22	255.45	114.5	243.68	96.99
Cash Growth	-12.06%	-28.27%	123.09%	-53.01%	151.23%	46.23%
Accounts Receivable	145.42	107	102.87	151.89	78.61	64.12
Other Receivables	3.21	4.63	3.43	18.71	7.6	7.78
Receivables	148.64	111.63	106.3	170.6	86.2	71.9
Inventory	1,528	1,542	1,545	1,492	1,405	1,423
Other Current Assets	19.22	2.44	4.14	2.7	22.95	24.31
Total Current Assets	1,783	1,839	1,911	1,779	1,758	1,616
Property, Plant & Equipment	52.92	44.24	44.8	40.68	35.14	31.79
Long-Term Investments	60.59	60.74	64.98	62.15	62.45	62.28
Other Intangible Assets	36.83	38.21	26.34	26.74	16.72	18.51
Long-Term Deferred Tax Assets	-	-	-	0.91	0.55	0.22
Long-Term Deferred Charges	2.9	1.56	1.67	0.16	0.34	0.83
Other Long-Term Assets	12.88	3.22	1.18	8.1	40.97	43.5
Total Assets	1,950	1,987	2,050	1,918	1,914	1,773
Accounts Payable	32.31	37.77	32.25	33.33	34.16	34.7
Accrued Expenses	4.24	13.86	11.56	10.96	8.46	6.92
Short-Term Debt	90.15	110.09	110.11	260.35	318.82	248.41
Current Portion of Long-Term Debt	62.03	66.11	61.57	58.21	53.88	54.65
Current Portion of Leases	-	-	0.07	0.18	0.32	-
Current Income Taxes Payable	0.78	0.26	0.04	0.02	0.09	0.21
Current Unearned Revenue	9.82	4.14	1.93	1.96	3.03	1.24
Other Current Liabilities	25.65	25.27	24.86	28.15	22.6	18.78
Total Current Liabilities	224.98	257.51	242.39	393.16	441.35	364.92
Long-Term Debt	983.61	955.12	1,040	754.51	702.39	643.08
Long-Term Leases	-	-	-	-	0.17	-
Long-Term Unearned Revenue	2.64	3.54	4.74	5.94	7.18	8.5
Pension & Post-Retirement Benefits	0.78	0.78	0.78	0.78	-	-
Other Long-Term Liabilities	-	-	-	-	0.78	0.78
Total Liabilities	1,212	1,217	1,288	1,154	1,152	1,017
Common Stock	235.76	235.76	235.76	235.76	235.76	235.76
Additional Paid-In Capital	244.55	244.55	244.55	244.55	244.55	244.55
Retained Earnings	253.14	285.41	281.01	283.14	281.2	275.34
Total Common Equity	733.45	765.72	761.32	763.45	761.51	755.65
Minority Interest	4.06	4.29	0.29	0.31	0.33	0.35
Shareholders' Equity	737.5	770.01	761.61	763.75	761.84	756
Total Liabilities & Equity	1,950	1,987	2,050	1,918	1,914	1,773
Total Debt	1,136	1,131	1,212	1,073	1,076	946.13
Net Cash (Debt)	-1,048	-948.11	-956.73	-958.74	-831.9	-849.14
Net Cash Per Share	-3.97	-3.64	-3.58	-3.76	-3.22	-3.89
Filing Date Shares Outstanding	235.76	235.76	235.76	235.76	235.76	235.76
Total Common Shares Outstanding	235.76	235.76	235.76	235.76	235.76	235.76
Working Capital	1,558	1,581	1,669	1,386	1,316	1,251
Book Value Per Share	3.11	3.25	3.23	3.24	3.23	3.21
Tangible Book Value	696.62	727.51	734.97	736.71	744.79	737.14
Tangible Book Value Per Share	2.95	3.09	3.12	3.12	3.16	3.13
Buildings	-	34.3	32.3	25.17	19.53	19.53
Machinery	-	33.01	32.09	29.38	27.48	24.09

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