SHE:002775 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	324.13	426.59	267.19	220.72	243.62	1,364
Short-Term Investments	-	-	-	-	-	0.1
Cash & Short-Term Investments	324.13	426.59	267.19	220.72	243.62	1,365
Cash Growth	-16.33%	59.66%	21.05%	-9.40%	-82.15%	32.61%
Accounts Receivable	1,979	2,001	2,323	1,840	1,604	1,954
Other Receivables	67.09	66.8	64.99	45.84	47.94	78.55
Receivables	2,046	2,068	2,388	1,885	1,652	2,033
Inventory	416.56	343.95	353.34	272.62	317.1	379.83
Prepaid Expenses	-	-	-	0.11	0.11	0.28
Other Current Assets	151.96	83.23	63.54	50.16	49.32	30.39
Total Current Assets	2,939	2,922	3,073	2,429	2,262	3,808
Property, Plant & Equipment	760.75	427.86	571.71	524.11	460.78	283.81
Long-Term Investments	51.68	52.6	52.57	53.65	55.29	61.89
Goodwill	51.94	51.59	48.6	29.9	31.74	51.54
Other Intangible Assets	66.39	70.63	84.48	89.6	95.26	100.16
Long-Term Accounts Receivable	-	321.29	389.69	579.57	935.08	813.6
Long-Term Deferred Tax Assets	379.59	386.33	379.63	367.62	305.61	36.53
Long-Term Deferred Charges	88.75	138.15	129.54	107.14	119.93	94.82
Other Long-Term Assets	2,246	1,819	1,167	834.07	286.3	144.06
Total Assets	6,584	6,189	5,896	5,015	4,552	5,394
Accounts Payable	1,682	2,373	2,395	1,860	1,812	1,208
Accrued Expenses	7.58	52.51	30.33	26.56	18.02	25.86
Short-Term Debt	1,654	1,417	1,313	1,276	603.67	363.81
Current Portion of Long-Term Debt	400.19	187.49	118.99	66.07	34	17
Current Portion of Leases	-	1.96	13.88	14.95	0.29	-
Current Income Taxes Payable	3.51	0.91	1.28	1.94	1.03	12.6
Current Unearned Revenue	71.21	29.72	20.44	42.18	43.59	54.68
Other Current Liabilities	106.02	258.33	186.43	172.91	172.43	115.66
Total Current Liabilities	3,925	4,320	4,079	3,461	2,685	1,798
Long-Term Debt	2,088	1,550	1,356	1,211	1,213	1,067
Long-Term Leases	81.19	14.19	8.11	6.74	-	-
Long-Term Unearned Revenue	-	5.68	5.5	0.14	-	0.6
Long-Term Deferred Tax Liabilities	2.35	4.32	1.98	2.24	0.01	0.02
Other Long-Term Liabilities	80.45	48.33	86.14	99.93	51.54	0.18
Total Liabilities	6,178	5,943	5,538	4,782	3,950	2,866
Common Stock	636.23	603.36	612.77	512.77	512.77	512.76
Additional Paid-In Capital	1,354	1,224	1,280	1,095	1,095	1,095
Retained Earnings	-1,722	-1,734	-1,616	-1,467	-1,099	813.95
Treasury Stock	-	-	-64.3	-64.34	-64.62	-65.3
Comprehensive Income & Other	101.88	119.2	100.32	100.15	102.2	110.07
Total Common Equity	370.42	212.08	312.1	176.58	546.4	2,466
Minority Interest	36.31	33.83	46.38	56.32	56.2	61.93
Shareholders' Equity	406.73	245.92	358.48	232.9	602.6	2,528
Total Liabilities & Equity	6,584	6,189	5,896	5,015	4,552	5,394
Total Debt	4,224	3,170	2,811	2,576	1,851	1,448
Net Cash (Debt)	-3,900	-2,744	-2,543	-2,355	-1,607	-83.59
Net Cash Per Share	-6.32	-4.42	-4.26	-4.61	-3.13	-0.14
Filing Date Shares Outstanding	636.23	603.36	603.33	603.32	503.28	503.17
Total Common Shares Outstanding	636.23	603.36	603.33	503.32	503.28	503.17
Working Capital	-986.41	-1,399	-1,007	-1,032	-422.91	2,010
Book Value Per Share	0.58	0.33	0.52	0.35	1.09	4.90
Tangible Book Value	252.08	89.86	179.01	57.08	419.4	2,315
Tangible Book Value Per Share	0.40	0.12	0.30	0.11	0.83	4.60
Buildings	-	255.58	21.73	21.73	21.73	21.73
Machinery	-	79.91	17.03	22.14	23.2	22.77
Construction In Progress	-	110.47	517.12	492.49	442.56	263.57

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