Shanghai Shenda 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,709	1,912	2,168	1,834	1,399	1,422
Trading Asset Securities	0.34	55.21	0.1	0.1	71.55	21.19
Cash & Short-Term Investments	1,709	1,967	2,168	1,834	1,471	1,444
Cash Growth	-	-9.25%	18.22%	24.69%	1.87%	12.50%
Accounts Receivable	1,971	1,886	1,949	1,875	1,413	1,484
Other Receivables	63.84	79.66	72.22	73.68	96.1	90.36
Receivables	2,035	1,966	2,021	1,948	1,509	1,574
Inventory	857.48	765.68	855	760.68	869.97	779.86
Other Current Assets	312.01	353.12	368.49	350.52	366.35	338.82
Total Current Assets	4,913	5,052	5,412	4,893	4,216	4,136
Property, Plant & Equipment	3,416	3,425	3,689	3,813	3,785	3,480
Long-Term Investments	834.03	782.96	799.44	775.33	675.37	725.84
Goodwill	412.12	416.45	410.93	404.75	443.7	453.13
Other Intangible Assets	140.68	141.89	170.68	205.95	251.19	281.2
Long-Term Deferred Tax Assets	140.47	140.82	117.42	102.38	115.4	121.37
Long-Term Deferred Charges	79.8	173.44	134.83	135.19	138.48	133.66
Other Long-Term Assets	144.62	101.99	74.63	42.17	46.92	76.59
Total Assets	10,081	10,234	10,810	10,372	9,672	9,408
Accounts Payable	1,624	1,790	1,957	2,062	1,375	1,371
Accrued Expenses	304.13	383.98	339.54	626.08	362.5	272.6
Short-Term Debt	884.61	1,202	1,737	350.81	193.63	685.09
Current Portion of Long-Term Debt	320.87	162.99	183.63	2,565	223.37	1,172
Current Portion of Leases	-	122.44	113.75	125.76	116.39	-
Current Income Taxes Payable	36.08	5.03	9.14	14.95	51	27.1
Current Unearned Revenue	355.83	285.26	286.51	353.49	492.29	504.49
Other Current Liabilities	529.94	501.78	468.17	183.36	505.97	597.99
Total Current Liabilities	4,056	4,454	5,095	6,282	3,320	4,630
Long-Term Debt	1,883	1,661	1,539	130	2,157	1,567
Long-Term Leases	470.11	473.37	526.6	526.42	469.86	-
Long-Term Unearned Revenue	25.61	28.33	30.4	30.66	37.73	65.96
Pension & Post-Retirement Benefits	22.55	26.12	19.85	18.42	18.96	21.96
Long-Term Deferred Tax Liabilities	36.64	38.38	38.65	32.64	30.12	26.26
Other Long-Term Liabilities	17.5	26.94	51.81	42.55	43.1	219.53
Total Liabilities	6,511	6,709	7,301	7,063	6,077	6,531
Common Stock	1,321	1,321	1,321	1,108	1,108	852.29
Additional Paid-In Capital	1,560	1,560	1,560	1,352	1,331	722.91
Retained Earnings	487.01	504.05	446.48	793.63	996.01	965.18
Comprehensive Income & Other	-155.56	-197.83	-144.02	-142.77	-153.44	-115.65
Total Common Equity	3,213	3,187	3,184	3,111	3,281	2,425
Minority Interest	357.79	338.46	325.07	198.16	314.54	452.56
Shareholders' Equity	3,570	3,526	3,509	3,309	3,596	2,877
Total Liabilities & Equity	10,081	10,234	10,810	10,372	9,672	9,408
Total Debt	3,559	3,623	4,100	3,698	3,160	3,424
Net Cash (Debt)	-1,850	-1,655	-1,932	-1,865	-1,690	-1,981
Net Cash Per Share	-1.40	-1.25	-1.61	-1.68	-1.76	-2.32
Filing Date Shares Outstanding	1,321	1,321	1,321	1,108	1,108	852.29
Total Common Shares Outstanding	1,321	1,321	1,321	1,108	1,108	852.29
Working Capital	857.81	597.82	317.37	-1,389	896.64	-494
Book Value Per Share	2.43	2.41	2.41	2.81	2.96	2.84
Tangible Book Value	2,660	2,629	2,602	2,500	2,586	1,690
Tangible Book Value Per Share	2.01	1.99	1.97	2.26	2.33	1.98
Land	-	91.79	95.51	91.3	87.94	-
Buildings	-	1,211	1,248	1,205	1,156	-
Machinery	-	4,377	4,206	3,787	3,494	-
Construction In Progress	-	130.93	197.64	401.51	359.03	-

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