SHE:000153 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	241.97	250.82	319.91	353.14	282.98	275.34
Short-Term Investments	-	-	-	80.69	-	-
Trading Asset Securities	-	-	-	-	-	6.99
Cash & Short-Term Investments	241.97	250.82	319.91	433.83	282.98	282.33
Cash Growth	0.23%	-21.59%	-26.26%	53.30%	0.23%	-21.71%
Accounts Receivable	1,134	967.25	841.9	756.44	721.33	733.57
Other Receivables	42.46	63.55	53.51	59.94	96.8	77.54
Receivables	1,176	1,031	895.41	816.38	818.13	811.11
Inventory	579.46	593.11	573.58	699.15	654.87	527.15
Prepaid Expenses	-	1.16	2.92	3.61	6.18	3.52
Other Current Assets	94.48	89.47	111.1	124.44	108.36	114.18
Total Current Assets	2,092	1,965	1,903	2,077	1,871	1,738
Property, Plant & Equipment	1,747	1,664	1,514	1,462	1,290	1,044
Long-Term Investments	509.57	480.43	362.45	371.45	329.51	319.66
Goodwill	7.92	7.92	7.92	7.92	7.92	11.51
Other Intangible Assets	239.36	242.29	203.73	170.24	162.4	156.47
Long-Term Deferred Tax Assets	62.48	58.99	60.24	39.98	37.67	21.01
Long-Term Deferred Charges	101.66	98.84	117.64	106.32	94.66	80.81
Other Long-Term Assets	208.73	181.22	222.58	234.26	266.08	264.38
Total Assets	4,968	4,699	4,391	4,469	4,059	3,636
Accounts Payable	1,005	656.22	746.11	722.74	619.21	712.29
Accrued Expenses	60.82	484.26	454.29	481.71	408.2	363.56
Short-Term Debt	493.31	479.33	344.29	410.91	435.42	462.42
Current Portion of Long-Term Debt	169.71	271.26	128.81	119.4	54.18	120.17
Current Portion of Leases	-	20.64	19.71	17.47	21.48	-
Current Income Taxes Payable	28.19	28.23	33.64	32.85	29.48	33.47
Current Unearned Revenue	67.3	63.18	89.39	257.13	149.17	120.12
Other Current Liabilities	480.67	184.98	197.41	302.43	223.1	253.15
Total Current Liabilities	2,305	2,188	2,014	2,345	1,940	2,065
Long-Term Debt	273.83	196.13	174.75	168.85	86	27.04
Long-Term Leases	15.09	17.31	20.21	20.71	28.86	-
Long-Term Unearned Revenue	219.42	227.2	238.05	151.92	150.88	77.26
Long-Term Deferred Tax Liabilities	29	24.3	25.85	28.35	31.12	18.75
Other Long-Term Liabilities	-	-	-	-	50.62	-
Total Liabilities	2,842	2,653	2,472	2,714	2,288	2,188
Common Stock	464.77	464.77	332.03	332.11	312.14	312.14
Additional Paid-In Capital	458.14	454.48	573.06	536.06	695.55	495.55
Retained Earnings	1,096	1,042	931.21	805.14	681.93	553.69
Comprehensive Income & Other	82.58	58.07	53.11	55.18	52.17	52.11
Total Common Equity	2,102	2,020	1,889	1,728	1,742	1,413
Minority Interest	24.43	26.34	29.42	26.27	29.55	34.49
Shareholders' Equity	2,126	2,046	1,919	1,755	1,771	1,448
Total Liabilities & Equity	4,968	4,699	4,391	4,469	4,059	3,636
Total Debt	951.95	984.67	687.76	737.34	625.93	609.62
Net Cash (Debt)	-709.97	-733.85	-367.86	-303.51	-342.95	-327.3
Net Cash Per Share	-1.53	-1.58	-0.79	-0.68	-0.78	-0.75
Filing Date Shares Outstanding	464.77	464.77	464.84	464.96	437	437
Total Common Shares Outstanding	464.77	464.77	464.84	464.96	437	437
Working Capital	-213.15	-222.74	-110.72	-267.23	-69.72	-326.89
Book Value Per Share	4.52	4.35	4.06	3.72	3.99	3.23
Tangible Book Value	1,854	1,769	1,678	1,550	1,571	1,246
Tangible Book Value Per Share	3.99	3.81	3.61	3.33	3.60	2.85
Buildings	-	963.1	880.3	855.42	641.93	637.62
Machinery	-	1,117	894.08	873.71	834.86	672.28
Construction In Progress	-	445.12	524.13	439.38	458.25	368.9

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