SHE:002976 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	114.86	102.73	154.17	158.54	250.93	339.72
Trading Asset Securities	42.6	17.44	66.84	120.55	58.1	123.38
Cash & Short-Term Investments	157.46	120.17	221.01	279.09	309.03	463.09
Cash Growth	59.04%	-45.63%	-20.81%	-9.69%	-33.27%	312.95%
Accounts Receivable	726.08	832.66	633.22	580.81	251.18	241.2
Other Receivables	4.05	0.12	0.19	0.15	11.02	1.27
Receivables	730.13	832.78	633.41	580.96	262.2	242.46
Inventory	485.04	403.7	329.8	280.75	170.94	119.07
Prepaid Expenses	-	0	0	-	-	-
Other Current Assets	40.2	40.75	84.42	113.48	13.94	15.31
Total Current Assets	1,413	1,397	1,269	1,254	756.11	839.94
Property, Plant & Equipment	660.15	691.25	637.01	477.99	319.66	216.2
Long-Term Investments	22.61	35.75	0.65	-	-	-
Goodwill	85.13	85.34	85.69	86.01	4.9	1.2
Other Intangible Assets	99.8	82.08	57.84	60.14	35.38	36.26
Long-Term Deferred Tax Assets	50.55	28.95	16.96	12.07	5.64	4.22
Long-Term Deferred Charges	15.81	14.56	14.51	4.37	2.32	1.51
Other Long-Term Assets	32.54	31.29	33.74	16.17	8.73	7.16
Total Assets	2,379	2,367	2,115	1,911	1,133	1,106
Accounts Payable	653.33	787.86	655.92	514.86	203.02	185.48
Accrued Expenses	38.6	57.77	41.76	43.08	19.14	17.62
Short-Term Debt	314.74	148.25	144.08	94.89	5	12.71
Current Portion of Long-Term Debt	207.02	171.18	7.25	41.74	20.09	10.05
Current Portion of Leases	-	9.89	7.96	8.61	3.48	-
Current Income Taxes Payable	19.21	5.72	4.74	10.36	1.02	0.59
Current Unearned Revenue	9.29	5.59	0.91	0.58	5.63	0.89
Other Current Liabilities	82.19	10.84	15.93	18.88	3.35	63.65
Total Current Liabilities	1,324	1,197	878.54	733.01	260.74	290.99
Long-Term Debt	184.98	107.54	160.27	181.42	60	50
Long-Term Leases	4.63	10.59	18.81	21.6	10.85	-
Long-Term Unearned Revenue	13.07	11.45	13.48	6.26	4.97	2.97
Long-Term Deferred Tax Liabilities	3.32	3.71	3.54	9.34	6.89	6.98
Other Long-Term Liabilities	-	116.66	112.88	109.22	-	-
Total Liabilities	1,530	1,447	1,188	1,061	343.44	350.95
Common Stock	121.17	121.17	120.65	120	120	100
Additional Paid-In Capital	398.22	347.52	349.96	333.29	436.24	461.81
Retained Earnings	327.47	306.45	349.86	298.18	231.45	195.82
Comprehensive Income & Other	-13.91	-2.01	2.31	1.6	-2.97	-1.97
Total Common Equity	832.95	773.12	822.79	753.07	784.73	755.66
Minority Interest	16.09	146.47	104.76	97.14	4.57	-0.13
Shareholders' Equity	849.04	919.59	927.54	850.21	789.29	755.54
Total Liabilities & Equity	2,379	2,367	2,115	1,911	1,133	1,106
Total Debt	711.37	447.44	338.36	348.27	99.42	72.76
Net Cash (Debt)	-553.91	-327.27	-117.36	-69.17	209.61	390.33
Net Cash Growth	-	-	-	-	-46.30%	248.07%
Net Cash Per Share	-4.30	-2.71	-0.98	-0.57	1.75	3.44
Filing Date Shares Outstanding	121.17	121.17	120.65	120	120	120
Total Common Shares Outstanding	121.17	121.17	120.65	120	120	120
Working Capital	88.45	200.31	390.1	521.28	495.37	548.95
Book Value Per Share	6.87	6.38	6.82	6.28	6.54	6.30
Tangible Book Value	648.02	605.7	679.25	606.92	744.45	718.21
Tangible Book Value Per Share	5.35	5.00	5.63	5.06	6.20	5.99
Buildings	-	302.41	290.03	167.06	86.24	83.25
Machinery	-	523.53	406.03	330.8	284.03	233.58
Construction In Progress	-	119.28	128.6	120.97	77.48	11.65

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