SHE:002769 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	309.76	338.73	2,634	3,736	844.48	3,726
Trading Asset Securities	10.4	26.11	5.16	5.41	0.65	13.37
Cash & Short-Term Investments	320.15	364.84	2,639	3,741	845.14	3,739
Cash Growth	-34.90%	-86.17%	-29.47%	342.70%	-77.40%	-13.24%
Accounts Receivable	156.86	175.18	203.55	405.2	705.51	877.02
Other Receivables	1,930	7,677	2,588	2,368	1,706	832.53
Receivables	2,087	7,852	2,792	2,773	2,411	1,710
Inventory	20.99	56.85	91.49	42.13	145.1	111.49
Prepaid Expenses	-	0.24	3.53	15.11	6.8	10.64
Other Current Assets	80.6	88.79	95	115.42	115.94	227.45
Total Current Assets	2,508	8,363	5,621	6,687	3,524	5,798
Property, Plant & Equipment	468.41	313.49	216.56	61.32	18.6	9.24
Long-Term Investments	146.21	146.21	151.29	153.57	133.57	133.25
Other Intangible Assets	1.41	0.64	1.02	1.32	1.99	2.13
Long-Term Accounts Receivable	-	2.9	21.85	33.67	47.61	71.32
Long-Term Deferred Tax Assets	89.9	107.59	106.44	107.07	76.63	85.64
Long-Term Deferred Charges	2.23	5.55	8.59	-	-	-
Other Long-Term Assets	5.77	4.65	3.43	12.46	4	-
Total Assets	3,222	8,944	6,130	7,057	3,807	6,100
Accounts Payable	119.81	115.23	140.64	85.4	167.49	152
Accrued Expenses	0.84	83.5	62.69	66.99	83.36	106.06
Short-Term Debt	47.95	232.31	2,146	3,339	1,102	3,661
Current Portion of Long-Term Debt	17.6	9.3	4.4	0.42	-	-
Current Portion of Leases	-	9.56	14.06	12.16	10.71	-
Current Income Taxes Payable	68.42	0.12	0.16	0.17	0.68	26.78
Current Unearned Revenue	36.25	64.47	19.68	44.39	63.64	185.24
Other Current Liabilities	1,729	7,263	2,434	2,095	898.37	513.95
Total Current Liabilities	2,019	7,778	4,822	5,643	2,327	4,645
Long-Term Debt	46.2	40.74	14.57	0.88	-	-
Long-Term Leases	16.62	13.72	19.28	27.73	1.56	-
Long-Term Deferred Tax Liabilities	7.38	7.78	2.7	3.72	0.16	-
Other Long-Term Liabilities	-	0.94	1.56	2.24	3.62	6.12
Total Liabilities	2,090	7,841	4,860	5,678	2,332	4,651
Common Stock	373.32	373.32	373.32	373.32	373.32	373.32
Additional Paid-In Capital	253.04	253.04	255.87	255.08	255.03	255.03
Retained Earnings	603.11	567.12	651.7	752.01	841.96	819.47
Treasury Stock	-39.15	-39.15	-	-	-	-
Comprehensive Income & Other	-7.28	-8.54	-2.03	-5.85	2.69	1.32
Total Common Equity	1,183	1,146	1,279	1,375	1,473	1,449
Minority Interest	-50.3	-42.24	-9.05	4.27	1.71	0.13
Shareholders' Equity	1,133	1,104	1,270	1,379	1,475	1,449
Total Liabilities & Equity	3,222	8,944	6,130	7,057	3,807	6,100
Total Debt	128.36	305.63	2,199	3,380	1,115	3,661
Net Cash (Debt)	191.79	59.2	440.48	361.64	-269.51	78.72
Net Cash Growth	53.73%	-86.56%	21.80%	-	-	-
Net Cash Per Share	0.53	0.16	1.19	0.96	-0.73	0.21
Filing Date Shares Outstanding	366.49	366.49	368.54	373.32	373.32	373.32
Total Common Shares Outstanding	366.49	366.49	373.32	373.32	373.32	373.32
Working Capital	489.01	585.7	798.72	1,044	1,198	1,154
Book Value Per Share	3.23	3.13	3.43	3.68	3.95	3.88
Tangible Book Value	1,182	1,145	1,278	1,373	1,471	1,447
Tangible Book Value Per Share	3.22	3.12	3.42	3.68	3.94	3.88
Buildings	-	6.37	6.37	6.37	6.37	6.37
Machinery	-	263.62	146.43	22.12	14.62	14.58
Construction In Progress	-	48.64	50.36	7.74	-	-

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