SHE:002778 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	350.71	34.36	107.35	132.52	188.6	258.57
Short-Term Investments	-	-	-	7.33	-	-
Cash & Short-Term Investments	350.71	34.36	107.35	139.85	188.6	258.57
Cash Growth	492.10%	-67.99%	-23.24%	-25.85%	-27.06%	221.53%
Accounts Receivable	311.17	443.4	702.89	685.42	721.97	597.19
Receivables	311.17	443.4	702.89	685.42	721.97	597.19
Inventory	33.79	8.18	112.18	110.84	192.3	172.92
Other Current Assets	118.56	626.98	106.79	33.22	23.41	28.52
Total Current Assets	814.22	1,113	1,029	969.34	1,126	1,057
Property, Plant & Equipment	55.53	15.76	207.48	254.6	261.98	269.82
Long-Term Investments	-	-	2.17	-	-	-
Goodwill	21.14	21.14	103.22	173.21	190.1	190.1
Other Intangible Assets	1.16	1.48	26.36	27.6	28.74	29.94
Long-Term Deferred Tax Assets	9.27	7.7	28.38	27.62	14.1	9.81
Long-Term Deferred Charges	1.69	1.97	30.57	16.78	20.77	23.9
Other Long-Term Assets	2	-	-	0.68	0.7	0.2
Total Assets	905.01	1,161	1,427	1,470	1,643	1,581
Accounts Payable	154.28	196	260.66	295.24	283.8	207.15
Accrued Expenses	7.06	24.28	39.31	22.21	40.51	42.7
Short-Term Debt	10.01	119.44	180.71	120.14	120.11	105.12
Current Portion of Long-Term Debt	43.22	47.38	10.4	149.31	1	-
Current Portion of Leases	-	3.7	-	0.91	0.86	-
Current Income Taxes Payable	14.27	2.53	1.22	3.89	17.35	15.79
Current Unearned Revenue	80.57	17.6	41.85	12.03	28.42	16.21
Other Current Liabilities	3.28	151.44	76.38	14.44	201.06	153.83
Total Current Liabilities	312.7	562.37	610.53	618.18	693.11	540.81
Long-Term Debt	176.5	256.5	303.5	155.5	111	112
Long-Term Leases	8.36	9.76	-	-	0.9	-
Long-Term Unearned Revenue	-	1.5	1.64	1.87	-	-
Long-Term Deferred Tax Liabilities	-	-	2.07	-	-	-
Other Long-Term Liabilities	-	-	-	26.37	189.27	315.46
Total Liabilities	497.57	830.13	917.74	801.92	994.29	968.26
Common Stock	124.75	124.75	124.75	124.75	124.75	89.11
Additional Paid-In Capital	66.53	66.53	66.53	66.53	1.3	1.3
Retained Earnings	124.56	61.54	231.82	386.44	440.54	399.68
Total Common Equity	315.84	252.82	423.1	577.72	566.59	490.09
Minority Interest	91.61	78.02	86.55	90.19	81.78	122.61
Shareholders' Equity	407.45	330.84	509.65	667.91	648.37	612.7
Total Liabilities & Equity	905.01	1,161	1,427	1,470	1,643	1,581
Total Debt	238.09	436.79	494.6	425.87	233.87	217.12
Net Cash (Debt)	112.61	-402.43	-387.25	-286.02	-45.27	41.45
Net Cash Growth	-	-	-	-	-	664.91%
Net Cash Per Share	0.90	-3.21	-3.11	-2.26	-0.36	0.33
Filing Date Shares Outstanding	124.75	124.75	124.75	125.49	124.75	124.75
Total Common Shares Outstanding	124.75	124.75	124.75	125.49	124.75	124.75
Working Capital	501.52	550.55	418.68	351.16	433.16	516.39
Book Value Per Share	2.53	2.03	3.39	4.60	4.54	3.93
Tangible Book Value	293.54	230.2	293.52	376.91	347.75	270.05
Tangible Book Value Per Share	2.35	1.85	2.35	3.00	2.79	2.16
Buildings	-	1.82	120.96	122.29	118.93	119.1
Machinery	-	17.26	282.5	289.39	276.76	259.18
Construction In Progress	-	-	-	20.12	23.64	30.69

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