SHE:300013 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	53.86	95.25	43.89	107.91	59.43	79.19
Cash & Short-Term Investments	53.86	95.25	43.89	107.91	59.43	79.19
Cash Growth	-7.49%	117.00%	-59.33%	81.57%	-24.95%	-51.53%
Accounts Receivable	159.06	126.61	138.22	193.17	245.88	318.47
Other Receivables	6.55	10.78	12.26	15.67	32.03	57.16
Receivables	165.61	137.39	150.49	208.83	277.91	375.63
Inventory	3.58	3.64	2.31	2.88	2.54	28.57
Other Current Assets	46.99	13.78	13.66	12.01	14	41.39
Total Current Assets	270.04	250.06	210.36	331.64	353.87	524.78
Property, Plant & Equipment	170.37	200.3	222.87	305.98	361.33	313.38
Long-Term Investments	88.88	77.22	80.46	68.63	99.89	80.84
Other Intangible Assets	21.05	23.82	24.97	27.73	32.34	110.58
Long-Term Accounts Receivable	-	-	-	0.01	0	6.63
Long-Term Deferred Tax Assets	9.32	9.16	10.46	7.23	6.56	20.58
Long-Term Deferred Charges	7.11	6.88	10.66	16.68	22.03	52.03
Other Long-Term Assets	-	-	-	1.52	5.82	0.05
Total Assets	566.77	567.44	559.77	759.41	881.85	1,109
Accounts Payable	89.26	89.35	101.2	109.66	163.12	194.83
Accrued Expenses	22.07	31.23	30.68	37.91	41.83	58.94
Short-Term Debt	126.06	-	210.46	170.51	192.78	328.95
Current Portion of Long-Term Debt	-	-	-	35	10	10.58
Current Portion of Leases	29.11	37.68	40.49	56.25	65.45	-
Current Income Taxes Payable	4.57	3.26	0.68	1.27	3.31	4.55
Current Unearned Revenue	7.32	3.73	3.98	4.73	1.54	24.51
Other Current Liabilities	17.38	120.2	223.73	10.66	4.05	44.2
Total Current Liabilities	295.77	285.45	611.2	425.98	482.08	666.55
Long-Term Debt	-	-	-	20.05	30	90.57
Long-Term Leases	53.62	59.13	59.94	108.01	143.91	-
Long-Term Unearned Revenue	-	-	-	-	-	8.53
Long-Term Deferred Tax Liabilities	0.58	0.58	1	1.06	0.53	0.61
Other Long-Term Liabilities	1.65	1.65	1.65	159.66	179.46	93.35
Total Liabilities	351.61	346.81	673.78	714.77	835.98	859.63
Common Stock	558.36	558.36	446.69	446.69	446.69	446.69
Additional Paid-In Capital	1,056	1,056	757.56	757.56	757.56	757.56
Retained Earnings	-1,413	-1,408	-1,335	-1,179	-1,177	-987.88
Comprehensive Income & Other	-5.69	-5.71	-5.74	-5.73	-5.26	-2.49
Total Common Equity	195.86	200.9	-136.67	19.61	21.68	213.88
Minority Interest	19.3	19.74	22.65	25.03	24.18	35.37
Shareholders' Equity	215.16	220.64	-114.02	44.64	45.86	249.25
Total Liabilities & Equity	566.77	567.44	559.77	759.41	881.85	1,109
Total Debt	208.79	96.82	310.88	389.82	442.14	430.1
Net Cash (Debt)	-154.93	-1.57	-266.99	-281.91	-382.71	-350.91
Net Cash Per Share	-0.32	-0.00	-0.60	-0.64	-0.85	-0.78
Filing Date Shares Outstanding	558.36	558.36	446.69	446.69	446.69	446.69
Total Common Shares Outstanding	558.36	558.36	446.69	446.69	446.69	446.69
Working Capital	-25.72	-35.39	-400.84	-94.34	-128.21	-141.78
Book Value Per Share	0.35	0.36	-0.31	0.04	0.05	0.48
Tangible Book Value	174.81	177.08	-161.63	-8.12	-10.66	103.29
Tangible Book Value Per Share	0.31	0.32	-0.36	-0.02	-0.02	0.23
Buildings	-	95.85	95.96	95.7	95.76	294.55
Machinery	-	185.63	191.65	167.9	162.07	188.42
Construction In Progress	-	-	-	37.28	39.66	35.8

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