SHE:002795 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	269.77	209.38	233.21	333.19	131.91	111.85
Trading Asset Securities	0.02	-	0.07	0.01	0.34	1.96
Cash & Short-Term Investments	269.79	209.38	233.28	333.2	132.25	113.81
Cash Growth	23.85%	-10.24%	-29.99%	151.95%	16.20%	-42.43%
Accounts Receivable	164.54	152.77	128.55	95.58	177.88	119.76
Other Receivables	3.16	42.39	41.11	20.28	11.52	12.95
Receivables	167.69	195.16	169.66	115.85	189.41	132.71
Inventory	140.09	152.15	193.32	212.04	238.29	190.04
Other Current Assets	66.96	27.97	96.05	10.37	5.97	7.74
Total Current Assets	644.54	584.66	692.31	671.46	565.91	444.3
Property, Plant & Equipment	737.97	803.19	949.52	586.3	604.1	434.21
Long-Term Investments	-	10.01	-	-	-	8.8
Goodwill	13.34	13.34	100.82	124.55	160.32	141.66
Other Intangible Assets	61.32	63.48	95.37	68.17	67.25	67.19
Long-Term Accounts Receivable	-	-	-	-	-	1.69
Long-Term Deferred Tax Assets	7.93	9.77	5.58	4.56	6.42	6.54
Long-Term Deferred Charges	26.88	31.47	34.37	34.77	34.67	18.84
Other Long-Term Assets	20.61	1.21	1.72	59.9	67.94	62.72
Total Assets	1,513	1,517	1,880	1,550	1,507	1,186
Accounts Payable	315.4	304.5	417.25	156.79	164.4	85.81
Accrued Expenses	35.65	42.72	48.45	44.03	42.77	20.44
Short-Term Debt	165.33	283.12	140.36	186.7	239.06	284.93
Current Portion of Long-Term Debt	117.68	93.2	36.12	2.02	33.09	44.2
Current Portion of Leases	-	10.89	11.94	10.16	9.72	-
Current Income Taxes Payable	9.97	3.77	6.89	7.22	2.81	10.17
Current Unearned Revenue	5.09	3.43	3.79	4.3	3	3
Other Current Liabilities	227.47	50.22	118.61	73.14	27.39	9.89
Total Current Liabilities	876.59	791.83	783.41	484.35	522.24	458.45
Long-Term Debt	30	19.9	76	78	16.5	66
Long-Term Leases	166.09	175.86	176.48	122.49	133.61	-
Long-Term Unearned Revenue	8.67	8.88	9.18	9.45	9.71	9.98
Long-Term Deferred Tax Liabilities	26.46	28.17	30.42	31.53	27.96	10.53
Total Liabilities	1,108	1,025	1,075	725.81	710.03	544.96
Common Stock	445.75	445.75	445.75	309.58	207.18	200
Additional Paid-In Capital	364.26	364.26	362.34	384.61	365.09	263.11
Retained Earnings	-341.22	-280.76	16.5	172.61	198.5	177.35
Treasury Stock	-11.61	-11.61	-31.83	-63.74	-	-
Comprehensive Income & Other	1.18	0.51	0.44	0.39	-0.21	-1.32
Total Common Equity	458.37	518.16	793.21	803.45	770.55	639.14
Minority Interest	-53.58	-25.65	10.99	20.46	26.01	1.83
Shareholders' Equity	404.79	492.51	804.2	823.91	796.56	640.97
Total Liabilities & Equity	1,513	1,517	1,880	1,550	1,507	1,186
Total Debt	479.1	582.95	440.9	399.37	431.98	395.14
Net Cash (Debt)	-209.31	-373.57	-207.62	-66.16	-299.73	-281.33
Net Cash Per Share	-0.48	-0.85	-0.48	-0.15	-0.69	-0.67
Filing Date Shares Outstanding	445.75	445.75	445.75	433.41	406.06	392
Total Common Shares Outstanding	445.75	445.75	445.75	433.41	406.06	392
Working Capital	-232.06	-207.17	-91.1	187.12	43.67	-14.15
Book Value Per Share	1.03	1.16	1.78	1.85	1.90	1.63
Tangible Book Value	383.7	441.33	597.02	610.72	542.99	430.29
Tangible Book Value Per Share	0.86	0.99	1.34	1.41	1.34	1.10
Buildings	-	433.65	405.55	347.27	347.27	347.27
Machinery	-	500.73	544.72	259.68	250.63	193.78
Construction In Progress	-	13.18	47.51	27.06	6.67	7.33

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