SHE:002992 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	277.28	235.78	295.48	289.51	529.94	759.64
Cash & Short-Term Investments	277.28	235.78	295.48	289.51	529.94	759.64
Cash Growth	15.35%	-20.20%	2.06%	-45.37%	-30.24%	94.95%
Accounts Receivable	649.56	668.9	777.52	511.19	631.62	738.03
Other Receivables	1.87	2.77	5.26	5.74	4.6	4.06
Receivables	651.43	671.68	782.78	516.93	636.22	742.1
Inventory	92.93	80.29	159.8	73.53	79.54	138.08
Prepaid Expenses	-	1.6	1.73	1.1	1.01	0.01
Other Current Assets	60.97	45.03	37.73	30.87	27.75	69.19
Total Current Assets	1,083	1,034	1,278	911.94	1,274	1,709
Property, Plant & Equipment	985.55	1,015	970.83	916.59	898.34	818.07
Long-Term Investments	43.6	43.6	43.6	20.1	16.08	-
Other Intangible Assets	90.16	92.34	129.27	132.76	134.69	35.96
Long-Term Accounts Receivable	3.95	1.57	1.57	-	-	-
Long-Term Deferred Tax Assets	9.74	8.72	5.94	2.11	12.65	28.17
Long-Term Deferred Charges	2.28	2.6	6.83	9.03	8.84	-
Other Long-Term Assets	12.6	2.99	75.64	79.16	9.42	5.92
Total Assets	2,230	2,201	2,511	2,072	2,354	2,597
Accounts Payable	617.96	651.85	803.97	562.43	654.21	680.09
Accrued Expenses	15.28	69.13	59.41	38.45	33.04	21.69
Short-Term Debt	299.38	302.42	271.95	107.86	339.15	230.25
Current Portion of Long-Term Debt	195.12	62.8	60.54	161	45.29	-
Current Portion of Leases	-	60.14	86.59	49.75	3.14	-
Current Income Taxes Payable	13.64	0.12	-	-	0	1.02
Current Unearned Revenue	0.79	6.44	19.9	5.24	0.33	0.31
Other Current Liabilities	123.03	89.8	100.81	67.34	1.2	86.72
Total Current Liabilities	1,265	1,243	1,403	992.08	1,076	1,020
Long-Term Debt	189.2	187.88	200.69	69.82	149.5	55
Long-Term Leases	30.7	21.39	75.34	62.64	10.74	-
Long-Term Unearned Revenue	1.42	2.13	3.4	5.52	7.79	9.57
Other Long-Term Liabilities	1.58	2.71	2.66	3.27	1.51	-
Total Liabilities	1,488	1,457	1,685	1,133	1,246	1,085
Common Stock	180.87	182.04	184.27	184.97	179.35	137.96
Additional Paid-In Capital	870.56	875.95	886.69	884.08	822.87	864.26
Retained Earnings	-318.28	-313.25	-236.9	-113.05	110.28	515.52
Treasury Stock	-	-17.48	-31.91	-37.6	-	-
Total Common Equity	733.15	727.25	802.14	918.39	1,113	1,518
Minority Interest	9.24	16.63	23.78	19.97	-3.91	-5.28
Shareholders' Equity	742.39	743.89	825.93	938.36	1,109	1,512
Total Liabilities & Equity	2,230	2,201	2,511	2,072	2,354	2,597
Total Debt	714.4	634.64	695.11	451.08	547.82	285.25
Net Cash (Debt)	-437.11	-398.86	-399.63	-161.56	-17.87	474.39
Net Cash Growth	-	-	-	-	-	401.20%
Net Cash Per Share	-2.59	-2.25	-2.23	-0.90	-0.10	3.07
Filing Date Shares Outstanding	180.87	182.04	184.27	184.97	179.35	179.35
Total Common Shares Outstanding	180.87	182.04	184.27	184.97	179.35	179.35
Working Capital	-182.61	-208.34	-125.66	-80.14	198.11	688.93
Book Value Per Share	4.05	3.99	4.35	4.97	6.20	8.46
Tangible Book Value	642.98	634.91	672.88	785.63	977.81	1,482
Tangible Book Value Per Share	3.55	3.49	3.65	4.25	5.45	8.26
Buildings	-	493.92	483.21	479.79	317.31	304.24
Machinery	-	1,111	854.4	867.49	823.59	691.15
Construction In Progress	-	112.7	261.78	104.38	206.94	195.92

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