SHE:002872 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	278.48	270.42	192.71	278.25	338.68	291.73
Short-Term Investments	-	-	-	-	-	40
Trading Asset Securities	-	-	-	-	82	-
Cash & Short-Term Investments	278.48	270.42	192.71	278.25	420.68	331.73
Cash Growth	14.59%	40.32%	-30.74%	-33.86%	26.81%	-7.71%
Accounts Receivable	117.34	158.01	181.16	195.01	240.01	581.25
Other Receivables	155.38	159.58	170.94	186.77	80.85	61.17
Receivables	272.73	317.59	352.11	381.78	320.87	642.43
Inventory	110.44	106.8	136.22	130.87	124.58	288.58
Other Current Assets	19.63	7.63	10	25.18	54.08	48.19
Total Current Assets	681.28	702.44	691.04	816.08	920.21	1,311
Property, Plant & Equipment	1,415	1,464	1,581	1,613	1,638	1,761
Long-Term Investments	44.54	43.39	50.25	52.46	50	13.53
Goodwill	-	-	-	-	-	3.64
Other Intangible Assets	277.41	285.9	311.77	319.5	327.14	368.72
Long-Term Deferred Tax Assets	78.71	77.58	68.07	64.97	69.15	97.81
Long-Term Deferred Charges	19.48	23.4	16.33	11.74	14.51	27.49
Other Long-Term Assets	132.66	139.07	92.43	92.64	101.44	62.88
Total Assets	2,649	2,736	2,811	2,971	3,120	3,646
Accounts Payable	42.71	46.47	77.34	55.31	126.45	297.18
Accrued Expenses	6.96	14.34	10.28	25.27	14.52	14.8
Short-Term Debt	103.12	80.28	117.34	89.59	132.42	395.55
Current Portion of Long-Term Debt	-	49.5	82.98	143.45	49.59	-
Current Portion of Leases	-	0.83	1.62	2.18	2.71	-
Current Income Taxes Payable	6.44	0.53	0.46	3.19	0.5	1.55
Current Unearned Revenue	21.22	23.36	38.42	46.73	25.65	14.61
Other Current Liabilities	157.74	144.01	126.12	189.68	120.72	185.97
Total Current Liabilities	338.19	359.31	454.55	555.39	472.55	909.66
Long-Term Debt	224.28	234.54	118.8	89.65	219.42	190.71
Long-Term Leases	1.73	2.45	4.84	4.3	9.65	-
Long-Term Unearned Revenue	107.82	115.42	127.79	126.34	131.46	150.97
Long-Term Deferred Tax Liabilities	3.91	4.07	4.47	2.84	2.81	1.09
Other Long-Term Liabilities	3.24	6	4.8	4.54	4.9	3.8
Total Liabilities	679.17	721.8	715.25	783.06	840.79	1,256
Common Stock	318	318	318	318	318	318
Additional Paid-In Capital	1,401	1,401	1,401	1,401	1,401	1,401
Retained Earnings	235.38	280.72	368.12	461.2	551.76	619.57
Comprehensive Income & Other	7.47	6.18	4.58	2.8	2.89	2.01
Total Common Equity	1,962	2,006	2,091	2,183	2,273	2,340
Minority Interest	8.21	8.64	4.18	4.82	5.81	49.35
Shareholders' Equity	1,970	2,014	2,096	2,188	2,279	2,390
Total Liabilities & Equity	2,649	2,736	2,811	2,971	3,120	3,646
Total Debt	329.14	367.61	325.58	329.17	413.78	586.26
Net Cash (Debt)	-50.65	-97.19	-132.86	-50.92	6.89	-254.53
Net Cash Per Share	-0.16	-0.31	-0.42	-0.16	0.02	-0.80
Filing Date Shares Outstanding	318	318	318	318	318	318
Total Common Shares Outstanding	318	318	318	318	318	318
Working Capital	343.09	343.12	236.49	260.69	447.65	401.27
Book Value Per Share	6.17	6.31	6.58	6.86	7.15	7.36
Tangible Book Value	1,684	1,720	1,780	1,863	1,946	1,968
Tangible Book Value Per Share	5.30	5.41	5.60	5.86	6.12	6.19
Buildings	-	1,676	1,663	1,420	1,402	1,176
Machinery	-	535.34	533.41	516.98	520.48	506.6
Construction In Progress	-	33.8	81.96	291.84	252.61	655.75

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