SHE:002856 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	57.68	90.05	85.93	30.75	72.13	145.14
Cash & Short-Term Investments	57.68	90.05	85.93	30.75	72.13	145.14
Cash Growth	-15.79%	4.80%	179.45%	-57.37%	-50.30%	-4.37%
Accounts Receivable	1,043	1,207	1,373	1,601	1,140	1,247
Other Receivables	15.05	13.02	16.24	32.55	60.49	98.74
Receivables	1,058	1,220	1,389	1,634	1,200	1,345
Inventory	21.32	24.62	25.35	20.08	21.8	38.33
Other Current Assets	79.26	77.15	79.35	77.13	63.97	64.49
Total Current Assets	1,216	1,412	1,580	1,762	1,358	1,593
Property, Plant & Equipment	29.85	47.27	69.95	90.87	57.78	51.52
Long-Term Investments	48.85	49.62	55.48	56.56	56.47	59.46
Goodwill	30.69	30.69	39.83	50.76	-	-
Other Intangible Assets	27.84	32.82	37.7	36.95	1.52	2.98
Long-Term Accounts Receivable	0.54	1.6	1.67	1.92	0.29	-
Long-Term Deferred Tax Assets	193.84	194.3	196.08	181.16	124.31	71.01
Long-Term Deferred Charges	0.95	5.98	8.22	1.03	3.03	0.81
Other Long-Term Assets	158.18	149.19	179.99	69.02	-	-
Total Assets	1,707	1,923	2,169	2,250	1,602	1,779
Accounts Payable	755.29	927	969.12	972.67	494.77	552.97
Accrued Expenses	33.05	52.57	54.65	48.42	31.69	34.78
Short-Term Debt	651.33	566.08	501.04	315.42	233.97	263.96
Current Portion of Long-Term Debt	55.52	56.91	26.48	9.94	1.5	-
Current Portion of Leases	-	7.69	8.11	11.08	3.21	-
Current Income Taxes Payable	16.1	0.49	1.72	0.46	0.46	6.02
Current Unearned Revenue	20.72	14.64	19.37	55.04	45.84	2.79
Other Current Liabilities	82.95	163.23	137.42	151.94	88.61	87.27
Total Current Liabilities	1,615	1,789	1,718	1,565	900.05	947.8
Long-Term Debt	9.85	0.28	45.19	78.19	28.55	-
Long-Term Leases	3.05	16.61	25.68	35.99	6.92	-
Long-Term Deferred Tax Liabilities	0.27	0.27	0.3	0.64	-	-
Other Long-Term Liabilities	0.63	6.97	4.02	6.54	0.56	2.29
Total Liabilities	1,629	1,813	1,793	1,686	936.08	950.09
Common Stock	135.31	135.31	135.31	135.31	135.31	135.31
Additional Paid-In Capital	470.07	448.49	448.49	448.49	448.49	448.49
Retained Earnings	-535.86	-491.6	-234.55	-61.03	81.54	242.58
Comprehensive Income & Other	13.58	14.09	6.24	12.04	0.12	2.69
Total Common Equity	83.1	106.29	355.5	534.81	665.46	829.08
Minority Interest	-4.67	4.2	20.15	28.83	-	-
Shareholders' Equity	78.43	110.5	375.64	563.64	665.46	829.08
Total Liabilities & Equity	1,707	1,923	2,169	2,250	1,602	1,779
Total Debt	719.75	647.57	606.49	450.62	274.15	263.96
Net Cash (Debt)	-662.07	-557.52	-520.57	-419.87	-202.02	-118.82
Net Cash Per Share	-4.89	-4.12	-3.84	-3.03	-1.49	-0.93
Filing Date Shares Outstanding	135.31	135.31	135.31	135.31	135.31	135.31
Total Common Shares Outstanding	135.31	135.31	135.31	135.31	135.31	135.31
Working Capital	-398.49	-376.85	-138.08	196.73	458.09	645.58
Book Value Per Share	0.61	0.79	2.63	3.95	4.92	6.13
Tangible Book Value	24.58	42.79	277.97	447.1	663.94	826.1
Tangible Book Value Per Share	0.18	0.32	2.05	3.30	4.91	6.11
Buildings	-	30.57	39.18	41.26	41.26	41.13
Machinery	-	19.84	26.57	26.69	25.27	25.28
Construction In Progress	-	-	-	2.27	1.13	2.82

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