SHE:000403 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	Jan '21 Jan 1, 2021
Cash & Equivalents	575.9	1,321	1,429	1,001	885.67	102.83
Trading Asset Securities	658.87	282.7	423.34	422.44	234.21	-
Cash & Short-Term Investments	1,235	1,604	1,853	1,423	1,120	102.83
Cash Growth	-29.62%	-13.43%	30.18%	27.09%	989.09%	-7.32%
Accounts Receivable	768.44	668.99	592.77	891.08	581.12	314.17
Other Receivables	7.53	48.2	42.34	49.71	12.83	5.75
Receivables	775.98	717.19	635.11	940.79	593.95	319.93
Inventory	1,731	1,233	909.37	623.69	738.97	441.76
Prepaid Expenses	-	0.06	0.3	0.14	0	1.76
Other Current Assets	33.35	24.63	28.6	59.12	16.53	6.44
Total Current Assets	3,775	3,579	3,426	3,047	2,469	872.71
Property, Plant & Equipment	2,063	1,999	1,554	1,297	1,103	410.91
Long-Term Investments	6	6	-	-	-	-
Goodwill	2,615	2,615	2,615	2,615	2,615	-
Other Intangible Assets	190.25	200.33	212.59	192.52	200.05	65.46
Long-Term Deferred Tax Assets	33.06	29.43	49.04	49.09	27.35	11.75
Long-Term Deferred Charges	223.03	153.55	79.47	89.7	67.42	36.04
Other Long-Term Assets	669.88	664.24	694.87	692.81	605.82	282.85
Total Assets	9,575	9,246	8,630	7,982	7,088	1,680
Accounts Payable	127.19	224.26	154.35	158.37	158.7	38.32
Accrued Expenses	28.76	334.84	372.84	373.49	239.21	171.81
Short-Term Debt	758.64	310.49	250.57	275.1	113.52	332.41
Current Portion of Long-Term Debt	63.44	17.06	21.22	8.63	-	-
Current Portion of Leases	-	5.06	6.67	7.14	7.05	5.28
Current Income Taxes Payable	43.23	19.07	39.72	43.08	24.22	18.31
Current Unearned Revenue	3.15	6.36	10.76	25.91	11.54	5.2
Other Current Liabilities	262.16	39.84	66.06	67.58	88.04	74.19
Total Current Liabilities	1,287	956.97	922.19	959.31	642.29	645.51
Long-Term Debt	197.26	303.22	196.08	52.89	-	20.02
Long-Term Leases	12.69	18.6	21.48	29.59	20.89	22.33
Long-Term Unearned Revenue	37.08	26.84	35.6	40.08	49.24	15.95
Long-Term Deferred Tax Liabilities	12.79	14.13	24.26	30.33	36.52	-
Other Long-Term Liabilities	9.63	9	9	9	11.14	9
Total Liabilities	1,556	1,329	1,209	1,121	760.07	712.82
Common Stock	950.4	731.07	733	732.39	732.92	492.43
Additional Paid-In Capital	4,539	-	-	4,779	4,779	52.56
Retained Earnings	2,537	2,435	1,946	1,392	846.23	455.3
Treasury Stock	-	-	-43.17	-36.22	-32	-34.98
Comprehensive Income & Other	0.05	4,758	4,793	0.04	-0	-
Total Common Equity	8,026	7,925	7,429	6,868	6,326	965.32
Minority Interest	-6.78	-7.15	-6.79	-6.4	2.07	1.59
Shareholders' Equity	8,019	7,918	7,422	6,861	6,328	966.91
Total Liabilities & Equity	9,575	9,246	8,630	7,982	7,088	1,680
Total Debt	1,032	654.44	496.02	373.36	141.46	380.04
Net Cash (Debt)	202.74	949.39	1,357	1,050	978.42	-277.21
Net Cash Growth	-82.50%	-30.02%	29.22%	7.30%	-	-
Net Cash Per Share	0.22	1.00	1.43	1.10	1.06	-0.43
Filing Date Shares Outstanding	950.4	950.4	950.06	952.1	952.8	951.65
Total Common Shares Outstanding	950.4	950.4	950.34	952.1	952.8	640.17
Working Capital	2,488	2,622	2,504	2,088	1,827	227.2
Book Value Per Share	8.44	8.34	7.82	7.21	6.64	1.51
Tangible Book Value	5,221	5,110	4,601	4,060	3,511	899.86
Tangible Book Value Per Share	5.49	5.38	4.84	4.26	3.68	1.41
Buildings	-	1,180	833.6	701.14	583.25	261.01
Machinery	-	1,184	961.1	920.37	729.45	324.38
Construction In Progress	-	513.36	582.7	385.73	334.38	32.73

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