SHE:002786 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	143.75	91.77	119.61	170.96	426.72	415.83
Cash & Short-Term Investments	143.75	91.77	119.61	170.96	426.72	415.83
Cash Growth	47.06%	-23.27%	-30.04%	-59.94%	2.62%	1.33%
Accounts Receivable	631.2	552.92	646.57	769.95	703.58	887.72
Other Receivables	20.76	33.4	28.52	30.13	6.45	45.63
Receivables	651.96	586.32	675.09	800.08	710.03	933.35
Inventory	725.12	777.31	917.25	1,132	1,286	1,285
Prepaid Expenses	-	-	-	-	-	0.05
Other Current Assets	62	50.08	53.11	34.21	94.12	98.52
Total Current Assets	1,583	1,505	1,765	2,138	2,517	2,733
Property, Plant & Equipment	1,160	1,190	1,333	1,543	1,438	1,078
Long-Term Investments	42.75	45.59	62.35	85.34	105.35	114.62
Other Intangible Assets	124.23	129.75	137.06	149.67	157.45	142.59
Long-Term Deferred Tax Assets	28.65	26.04	34.56	49.81	55.52	103.36
Long-Term Deferred Charges	14.24	18.73	23.18	35.15	38.32	49.94
Other Long-Term Assets	681.41	681.11	763.3	6.44	7.27	58.51
Total Assets	3,634	3,597	4,118	4,007	4,319	4,280
Accounts Payable	973.01	994.4	1,140	1,375	1,253	1,321
Accrued Expenses	33.65	126.45	157.76	116.85	125.14	95.54
Short-Term Debt	1,413	1,350	1,224	1,111	1,300	1,170
Current Portion of Long-Term Debt	44.38	24.4	76.56	44.66	16.52	65.23
Current Portion of Leases	-	18.78	44.4	113.45	186.52	233.08
Current Income Taxes Payable	20.11	0.85	0	0.42	-	0.09
Current Unearned Revenue	284.2	257.75	251.01	224.26	219.04	232.95
Other Current Liabilities	113.54	130.43	209.54	223.77	182.09	236.62
Total Current Liabilities	2,882	2,903	3,104	3,209	3,282	3,355
Long-Term Debt	331.49	271.39	261.46	362.7	293.67	75.35
Long-Term Leases	23.47	7.67	46.86	106.71	135.84	170.43
Long-Term Unearned Revenue	192.82	197.98	206.07	60.26	64.57	67.16
Long-Term Deferred Tax Liabilities	8.53	4.72	13.13	24.52	30.54	7.8
Other Long-Term Liabilities	-	0.17	8.78	2.15	-	-
Total Liabilities	3,438	3,385	3,640	3,766	3,807	3,676
Common Stock	495.61	495.61	495.61	495.61	495.61	381.24
Additional Paid-In Capital	595.71	595.71	591.1	591.1	585.71	175.16
Retained Earnings	-878.19	-866.97	-595.14	-839.93	-582.18	14.3
Comprehensive Income & Other	16.39	7.85	2.06	-5.55	1.06	-1.18
Total Common Equity	229.52	232.21	493.64	241.24	500.2	569.52
Minority Interest	-33.2	-20.69	-15.1	-0.17	11.95	34.26
Shareholders' Equity	196.33	211.52	478.54	241.08	512.16	603.78
Total Liabilities & Equity	3,634	3,597	4,118	4,007	4,319	4,280
Total Debt	1,812	1,672	1,654	1,739	1,932	1,714
Net Cash (Debt)	-1,668	-1,581	-1,534	-1,568	-1,506	-1,298
Net Cash Per Share	-3.06	-3.20	-3.07	-3.16	-3.21	-3.39
Filing Date Shares Outstanding	495.61	495.61	495.61	495.61	495.61	381.24
Total Common Shares Outstanding	495.61	495.61	495.61	495.61	495.61	381.24
Working Capital	-1,299	-1,398	-1,339	-1,072	-765.27	-622.67
Book Value Per Share	0.46	0.47	1.00	0.49	1.01	1.49
Tangible Book Value	105.29	102.46	356.58	91.57	342.75	426.93
Tangible Book Value Per Share	0.21	0.21	0.72	0.18	0.69	1.12
Buildings	-	893.78	884.33	615.01	569.52	274.47
Machinery	-	1,032	1,122	1,225	1,236	1,286
Construction In Progress	-	88.16	101.12	421.56	259.45	195.23

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