SHE:002923 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	211.46	206.51	213.86	221.03	250.3	251.68
Trading Asset Securities	0.06	0.07	0.05	0.06	0.09	44.01
Cash & Short-Term Investments	211.52	206.58	213.91	221.09	250.39	295.69
Cash Growth	11.24%	-3.43%	-3.25%	-11.70%	-15.32%	-10.89%
Accounts Receivable	230.67	213.41	212.11	202.31	160	158.57
Other Receivables	5.72	4.92	3.95	4.03	36.23	3.94
Receivables	236.39	218.34	216.07	206.34	196.23	162.51
Inventory	406.86	442.01	415.45	440.86	335.53	302
Other Current Assets	14.81	18.83	21.3	77.95	25.99	17.58
Total Current Assets	869.58	885.75	866.73	946.25	808.14	777.78
Property, Plant & Equipment	1,115	1,209	1,250	1,224	972.57	581.99
Long-Term Investments	-	-	0.5	0.5	0.5	0.5
Other Intangible Assets	63.25	64.42	66.05	67.62	69	65.47
Long-Term Deferred Tax Assets	9.72	10.35	10.67	10.8	8.61	11.64
Long-Term Deferred Charges	9.78	13.66	19.93	12.81	13.31	14.89
Other Long-Term Assets	5.9	10.55	14.27	25.23	37.31	61.48
Total Assets	2,073	2,194	2,228	2,287	1,909	1,514
Accounts Payable	150.3	223.36	153.79	213.41	152.5	91.34
Accrued Expenses	35.11	112.39	115.96	178.09	162.56	138.94
Short-Term Debt	133.36	25.04	60.54	62.94	33	58.03
Current Portion of Long-Term Debt	82.27	106.05	68.82	25.28	-	9.12
Current Portion of Leases	-	2.22	2.11	1.75	2.52	-
Current Income Taxes Payable	13.3	-	2.26	11.47	0.14	2.24
Current Unearned Revenue	11.04	12.46	10.89	46.68	14.29	13
Other Current Liabilities	118.42	42.65	31.93	50.11	57.86	48.11
Total Current Liabilities	543.8	524.16	446.31	589.74	422.87	360.78
Long-Term Debt	334.62	361.67	433.87	377.49	250	2.23
Long-Term Leases	2.74	5.56	7.48	0.98	1.08	-
Long-Term Unearned Revenue	140.57	146.52	157.57	120.99	119.74	109.21
Long-Term Deferred Tax Liabilities	0.97	1.73	2.31	0.57	-	-
Other Long-Term Liabilities	3.59	1.89	1.07	1.18	3.6	3.32
Total Liabilities	1,026	1,042	1,049	1,091	797.28	475.54
Common Stock	334.89	334.89	334.89	239.21	185.71	185.91
Additional Paid-In Capital	183.18	183.18	183.18	278.87	346.23	354.39
Retained Earnings	529.11	634.03	661.08	677.91	594.08	528.45
Treasury Stock	-	-	-	-	-13.86	-30.52
Comprehensive Income & Other	-0	0	-0	-	-	-
Shareholders' Equity	1,047	1,152	1,179	1,196	1,112	1,038
Total Liabilities & Equity	2,073	2,194	2,228	2,287	1,909	1,514
Total Debt	552.99	500.54	572.82	468.43	286.61	69.38
Net Cash (Debt)	-341.47	-293.96	-358.91	-247.33	-36.22	226.32
Net Cash Growth	-	-	-	-	-	-25.13%
Net Cash Per Share	-1.02	-0.88	-1.07	-0.73	-0.11	0.68
Filing Date Shares Outstanding	334.89	334.89	334.89	334.89	337.99	338.36
Total Common Shares Outstanding	334.89	334.89	334.89	334.89	337.99	338.36
Working Capital	325.78	361.59	420.42	356.5	385.27	417.01
Book Value Per Share	3.13	3.44	3.52	3.57	3.29	3.07
Tangible Book Value	983.94	1,088	1,113	1,128	1,043	972.76
Tangible Book Value Per Share	2.94	3.25	3.32	3.37	3.09	2.87
Buildings	-	526.75	495.64	399.88	258.75	215.19
Machinery	-	1,173	966.81	848.89	518.23	477.97
Construction In Progress	-	60.3	207.91	295.77	450.37	93.04

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