SHE:002878 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	316.96	612.43	1,027	465.42	433.92	376.04
Short-Term Investments	-	-	-	-	18	-
Trading Asset Securities	50	-	-	-	-	20
Cash & Short-Term Investments	366.96	612.43	1,027	465.42	451.92	396.04
Cash Growth	9.64%	-40.36%	120.63%	2.99%	14.11%	13.66%
Accounts Receivable	657.31	860.5	796.44	705.85	699.55	542.54
Other Receivables	25.86	3.56	3.72	4.94	13.71	13.76
Receivables	683.16	864.06	800.16	710.79	713.26	556.29
Inventory	370.92	280.08	252.56	172.86	176.93	128.88
Other Current Assets	265.36	228.11	234.06	146.05	153.92	138.99
Total Current Assets	1,686	1,985	2,314	1,495	1,496	1,220
Property, Plant & Equipment	321.27	330.19	43.92	58.63	45.48	13.1
Long-Term Investments	22.57	22.58	26.64	24.98	16.45	16.19
Goodwill	-	-	170.67	170.67	170.67	170.67
Other Intangible Assets	15.42	13.6	16.57	15.42	13.05	15.19
Long-Term Deferred Tax Assets	48.57	28.3	13.26	5.24	2.18	2.44
Long-Term Deferred Charges	18.44	15.94	4.78	4.49	2.62	1.69
Other Long-Term Assets	25.36	22.93	61.09	21.06	16.94	15.54
Total Assets	2,138	2,418	2,651	1,796	1,763	1,455
Accounts Payable	172.05	322.34	304.77	222.13	355.22	205.94
Accrued Expenses	50.32	128.33	128.92	131.66	123.19	75.95
Short-Term Debt	416.98	444.39	529.81	284.13	251.05	201.77
Current Portion of Long-Term Debt	-	6.02	-	-	-	-
Current Portion of Leases	-	13.05	15.54	22.66	14.96	-
Current Income Taxes Payable	42.03	0.27	3.1	6.87	10.96	11.44
Current Unearned Revenue	74.83	66.19	61.65	43.7	51.43	52.14
Other Current Liabilities	25.08	20.11	19.63	24.57	7.05	43.75
Total Current Liabilities	781.29	1,001	1,063	735.72	813.85	590.97
Long-Term Debt	18	22.5	-	-	-	-
Long-Term Leases	5.51	9.3	10.11	21.15	15.4	-
Long-Term Unearned Revenue	0.6	0.6	1.02	0.42	-	-
Long-Term Deferred Tax Liabilities	0.12	0.12	1.18	1.64	1.39	1.63
Other Long-Term Liabilities	18.27	28.58	-	-	-	-
Total Liabilities	823.79	1,062	1,076	758.93	830.64	592.6
Common Stock	261.99	261.95	260.99	223.17	221.41	221.53
Additional Paid-In Capital	848.03	845.82	834.04	245.92	198.82	189.93
Retained Earnings	191.54	258.38	455.51	543.44	456.34	420.47
Treasury Stock	-13.52	-27.34	-	-	-0.17	-1.72
Comprehensive Income & Other	-1.37	-1.36	2.1	3.19	0.2	-
Total Common Equity	1,287	1,337	1,553	1,016	876.6	830.2
Minority Interest	27.58	18.98	22.2	20.96	56.17	32.21
Shareholders' Equity	1,314	1,356	1,575	1,037	932.77	862.41
Total Liabilities & Equity	2,138	2,418	2,651	1,796	1,763	1,455
Total Debt	440.49	495.26	555.46	327.93	281.41	201.77
Net Cash (Debt)	-73.52	117.17	471.39	137.48	170.51	194.27
Net Cash Growth	-	-75.14%	242.87%	-19.37%	-12.23%	0.53%
Net Cash Per Share	-0.25	0.45	2.19	0.62	0.78	0.89
Filing Date Shares Outstanding	261.99	261.95	260.99	223.17	221.3	216.05
Total Common Shares Outstanding	261.99	261.95	260.99	223.17	221.3	216.05
Working Capital	905.11	983.98	1,250	759.41	682.18	629.23
Book Value Per Share	4.91	5.11	5.95	4.55	3.96	3.84
Tangible Book Value	1,271	1,324	1,365	829.64	692.88	644.35
Tangible Book Value Per Share	4.85	5.05	5.23	3.72	3.13	2.98
Buildings	-	148.17	-	-	-	-
Machinery	-	53.6	39.91	36.65	31.36	26.97

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