SHE:000159 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	619.49	515.92	325.18	135.4	113.34	57.13
Cash & Short-Term Investments	619.49	515.92	325.18	135.4	113.34	57.13
Cash Growth	63.87%	58.66%	140.16%	19.46%	98.40%	-88.30%
Accounts Receivable	658.27	575.51	515.48	269.01	315.94	25.8
Other Receivables	8.32	126.92	12.19	7.81	210.22	43.9
Receivables	666.58	702.42	527.67	276.82	526.16	69.7
Inventory	124.42	75.08	759.85	802.21	738.91	701.51
Other Current Assets	336.07	299.28	395.67	303.97	27.81	551.62
Total Current Assets	1,747	1,593	2,008	1,518	1,406	1,380
Property, Plant & Equipment	914.8	895.6	616.55	482.05	490.16	356.47
Long-Term Investments	73.56	73.56	73.56	73.56	734.47	629.69
Goodwill	755.03	755.03	809.59	809.59	809.59	54.56
Other Intangible Assets	50.37	52.24	52.31	52.25	54.04	66.15
Long-Term Deferred Tax Assets	35.78	36.03	31.24	25.63	39.78	17.63
Long-Term Deferred Charges	2.78	2.27	20.98	22.47	30.91	27.73
Other Long-Term Assets	18.49	19.35	100.42	104.59	123.86	147.2
Total Assets	3,597	3,427	3,713	3,089	3,689	2,679
Accounts Payable	370.45	441.98	250.54	95.21	99.24	39.62
Accrued Expenses	16.19	18.41	28.21	16.28	18.44	16.83
Short-Term Debt	857.09	612.88	329.41	163.8	515.59	108
Current Portion of Long-Term Debt	-	28.25	6.56	-	82.8	7
Current Portion of Leases	43.23	49.8	59.4	4.4	-	-
Current Income Taxes Payable	14.64	24.87	22.3	41.02	7.79	1.54
Current Unearned Revenue	55.98	53.68	58.57	21.45	23.07	14.31
Other Current Liabilities	99.69	71.84	356.8	34.5	543.1	177.57
Total Current Liabilities	1,457	1,302	1,112	376.66	1,290	364.87
Long-Term Debt	30	-	28.2	-	-	120
Long-Term Leases	63.07	92.73	123.06	88.83	43.81	-
Long-Term Unearned Revenue	-	-	0.13	0.25	0.38	0.5
Long-Term Deferred Tax Liabilities	9.03	10.13	8.92	10.44	90.98	-
Total Liabilities	1,559	1,405	1,272	476.18	1,425	485.38
Common Stock	480.69	480.69	480.69	480.69	480.69	480.69
Additional Paid-In Capital	222.02	222.02	209.2	372.89	374.7	373.12
Retained Earnings	1,382	1,362	1,801	1,724	1,425	1,407
Comprehensive Income & Other	-46.89	-42.63	-49.97	-50.81	-58.95	-50.29
Total Common Equity	2,038	2,022	2,441	2,527	2,222	2,211
Minority Interest	-0.23	-0.18	-0.07	85.81	42.18	-16.68
Shareholders' Equity	2,038	2,022	2,441	2,612	2,264	2,194
Total Liabilities & Equity	3,597	3,427	3,713	3,089	3,689	2,679
Total Debt	993.39	783.66	546.62	257.03	642.2	235
Net Cash (Debt)	-373.9	-267.75	-221.44	-121.63	-528.86	-177.87
Net Cash Per Share	-0.75	-0.56	-0.46	-0.25	-1.10	-0.37
Filing Date Shares Outstanding	480.69	480.69	480.69	480.69	480.69	480.69
Total Common Shares Outstanding	480.69	480.69	480.69	480.69	480.69	480.69
Working Capital	289.29	290.99	896.58	1,142	116.19	1,015
Book Value Per Share	4.24	4.21	5.08	5.26	4.62	4.60
Tangible Book Value	1,233	1,215	1,579	1,665	1,358	2,090
Tangible Book Value Per Share	2.56	2.53	3.29	3.46	2.83	4.35
Buildings	-	307.23	312.97	281.5	277.85	257.57
Machinery	-	408.36	402.27	303.13	297.06	258.59
Construction In Progress	-	458.46	152.34	115.45	124.01	86.36

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