SHE:002900 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	641.63	794.07	991.16	1,203	529.83	661.45
Trading Asset Securities	93.31	48.08	57.75	91.25	581.68	360.79
Cash & Short-Term Investments	734.94	842.15	1,049	1,294	1,112	1,022
Cash Growth	-12.57%	-19.71%	-18.93%	16.41%	8.73%	-14.33%
Accounts Receivable	94.41	221.19	99.46	124.6	132.98	157.85
Other Receivables	6.26	13.36	1.73	0.99	0.64	2.85
Receivables	100.67	234.55	101.19	125.59	133.62	160.7
Inventory	256.37	307.67	208.79	161.16	156.55	186.51
Other Current Assets	95.85	87.59	77.54	43.01	25.51	70.71
Total Current Assets	1,188	1,472	1,436	1,624	1,427	1,440
Property, Plant & Equipment	1,468	1,402	1,082	882.45	925.35	867.29
Long-Term Investments	708.36	711.73	708.99	646.87	604.5	14.91
Goodwill	1.34	1.34	1.34	0.5	9.44	9.44
Other Intangible Assets	123.03	112.95	113.37	61.1	62.5	66.42
Long-Term Deferred Tax Assets	35.82	25.22	23.08	24.68	25.84	23.89
Long-Term Deferred Charges	75.72	66.38	57.96	38.4	10.69	56.85
Other Long-Term Assets	9.34	8.88	20.22	-	-	3.8
Total Assets	3,609	3,800	3,443	3,278	3,066	2,483
Accounts Payable	303.03	323.48	182.13	120.84	105.16	90.01
Accrued Expenses	9.28	39.68	78.79	99.3	107.57	129.46
Short-Term Debt	782.82	575.96	275.27	220.22	270.28	269.78
Current Portion of Long-Term Debt	37.58	217.45	201.54	10.17	0.06	-
Current Portion of Leases	-	3.35	3.42	3.4	4.46	-
Current Income Taxes Payable	2.36	0.32	0.04	0.01	0.02	0.27
Current Unearned Revenue	15.74	17.77	43.25	54.79	21.06	19.42
Other Current Liabilities	69.21	79.72	60.61	89	27.99	79.89
Total Current Liabilities	1,220	1,258	845.03	597.73	536.61	588.84
Long-Term Debt	217.35	134.19	229.83	417.78	204.84	-
Long-Term Leases	3.16	4.68	8.33	5.14	8.03	-
Long-Term Unearned Revenue	131.79	103.91	79.03	83.86	88.96	88.71
Long-Term Deferred Tax Liabilities	131.96	135.8	132.54	120.95	110.61	13.63
Total Liabilities	1,704	1,636	1,295	1,225	949.04	691.18
Common Stock	316.36	316.36	316.39	316.6	316.6	316.6
Additional Paid-In Capital	1,093	1,090	1,082	1,043	1,073	1,073
Retained Earnings	494.52	766.64	771.23	729.21	797.94	471.77
Treasury Stock	-0.02	-13.14	-29.54	-47.79	-85.77	-85.77
Total Common Equity	1,904	2,160	2,140	2,041	2,101	1,775
Minority Interest	1.4	4.03	7.73	11.32	15.02	16.3
Shareholders' Equity	1,905	2,164	2,148	2,052	2,116	1,792
Total Liabilities & Equity	3,609	3,800	3,443	3,278	3,066	2,483
Total Debt	1,041	935.63	718.38	656.73	487.67	269.78
Net Cash (Debt)	-305.98	-93.47	330.54	637.17	623.84	752.46
Net Cash Growth	-	-	-48.12%	2.14%	-17.09%	-25.74%
Net Cash Per Share	-0.98	-0.30	1.08	2.11	2.01	2.31
Filing Date Shares Outstanding	312.1	298.74	278.39	309.78	309.78	309.78
Total Common Shares Outstanding	312.1	298.74	278.39	309.78	309.78	309.78
Working Capital	-32.18	214.23	591.4	1,026	890.58	851.32
Book Value Per Share	6.10	7.23	7.69	6.59	6.78	5.73
Tangible Book Value	1,779	2,046	2,026	1,979	2,030	1,699
Tangible Book Value Per Share	5.70	6.85	7.28	6.39	6.55	5.49
Buildings	-	913.01	644.88	635.65	640.66	603.42
Machinery	-	1,056	799.09	737.21	716.18	579.06
Construction In Progress	-	162.84	269.26	58.34	45.31	153.26

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