SHE:002862 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	64.33	99.28	69.52	135.18	175.81	194.37
Trading Asset Securities	-	-	-	-	6.44	1.31
Cash & Short-Term Investments	64.33	99.28	69.52	135.18	182.25	195.68
Cash Growth	69.98%	42.81%	-48.57%	-25.82%	-6.87%	9.12%
Accounts Receivable	138.97	145.24	111.12	103.5	99.52	57.48
Other Receivables	3.04	6.88	3.91	5.07	4.34	3.05
Receivables	142.01	152.13	115.02	108.57	103.86	60.53
Inventory	127.62	97.63	91.96	102.91	104.78	110.94
Prepaid Expenses	-	-	-	0.82	-	-
Other Current Assets	43.88	19.94	16.93	24.79	45.98	50.43
Total Current Assets	377.84	368.98	293.44	372.28	436.87	417.57
Property, Plant & Equipment	250.81	223.18	201.67	169.68	163.52	171.01
Long-Term Investments	12.88	35.26	81.54	111.5	23.13	37.37
Other Intangible Assets	40.15	40.98	42.08	43.2	44.33	45.46
Long-Term Deferred Tax Assets	0.06	0.05	0.05	0.04	1.32	2.31
Other Long-Term Assets	25.75	51.26	11.22	7.54	0.67	1.88
Total Assets	707.49	719.71	630.02	704.25	669.84	675.61
Accounts Payable	25.77	31.35	31.88	20.14	23.63	25.16
Accrued Expenses	4.4	7.32	6.36	5.22	4.66	4.69
Short-Term Debt	195.23	133.09	113.8	100.12	100.14	106.15
Current Portion of Long-Term Debt	12.75	24.7	16.08	3.55	17.6	0.79
Current Portion of Leases	-	7.01	0.08	0.15	0.29	-
Current Income Taxes Payable	0.65	0.12	0.26	0.11	0.22	0.24
Current Unearned Revenue	0.76	3.57	0.07	2.16	8.44	2.95
Other Current Liabilities	0.3	12.82	14.36	62.33	0.69	0.83
Total Current Liabilities	239.86	219.98	182.89	193.77	155.68	140.81
Long-Term Debt	51.57	26.69	38.5	37.5	-	0.59
Long-Term Leases	15.98	8.28	-	0.08	0.29	-
Long-Term Unearned Revenue	0.01	0.06	0.12	0.18	0.24	0.3
Long-Term Deferred Tax Liabilities	-	2.11	-	-	-	0.13
Other Long-Term Liabilities	-	-	-	-	0.4	7
Total Liabilities	307.43	257.11	221.5	231.53	156.62	148.83
Common Stock	168	120	120	120	120	120
Additional Paid-In Capital	251.78	299.78	267.31	267.8	267.8	267.8
Retained Earnings	-19.63	42.76	33.23	97.32	137.79	138.77
Treasury Stock	-	-	-12	-12.5	-12.5	-
Comprehensive Income & Other	-0.08	-0.13	-0.03	0.06	0.12	0.21
Total Common Equity	400.07	462.4	408.51	472.69	513.21	526.78
Minority Interest	-	0.19	-	0.03	-	-
Shareholders' Equity	400.07	462.6	408.51	472.71	513.21	526.78
Total Liabilities & Equity	707.49	719.71	630.02	704.25	669.84	675.61
Total Debt	275.54	199.77	168.46	141.4	118.33	107.53
Net Cash (Debt)	-211.2	-100.49	-98.94	-6.22	63.91	88.14
Net Cash Growth	-	-	-	-	-27.49%	-30.99%
Net Cash Per Share	-1.04	-0.60	-0.60	-0.04	0.47	0.52
Filing Date Shares Outstanding	168	168	166.32	166.32	166.32	168
Total Common Shares Outstanding	168	168	166.32	166.32	166.32	168
Working Capital	137.97	149	110.55	178.5	281.18	276.76
Book Value Per Share	2.38	2.75	2.46	2.84	3.09	3.14
Tangible Book Value	359.92	421.43	366.43	429.48	468.88	481.32
Tangible Book Value Per Share	2.14	2.51	2.20	2.58	2.82	2.87
Buildings	-	181.61	170.88	166.68	158.65	158.65
Machinery	-	129.88	115.24	96.16	120.82	113.93
Construction In Progress	-	29.05	33.14	6.42	-	-

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