Shanghai Shunho New Materials Technology Co.,Ltd. (SHE:002565)

SHE:002565 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	768.94	858.09	702.33	479.58	346.86	548.56
Trading Asset Securities	75.02	42.12	19.86	24.03	33.96	36.32
Cash & Short-Term Investments	843.96	900.21	722.19	503.61	380.82	584.88
Cash Growth	9.92%	24.65%	43.40%	32.24%	-34.89%	-9.11%
Accounts Receivable	322.15	434.39	441.39	527.72	518.19	564.25
Other Receivables	14.27	12.54	13.36	15.85	9.98	18.6
Receivables	336.42	446.93	454.75	543.58	528.17	582.85
Inventory	263.22	297.05	420.04	385.95	423.12	515.52
Prepaid Expenses	-	1.09	0.81	1.22	1.69	1.7
Other Current Assets	23.84	17.89	32.87	173.24	29.73	31.31
Total Current Assets	1,467	1,663	1,631	1,608	1,364	1,716
Property, Plant & Equipment	448.13	483.35	575.88	629.93	731.74	677.46
Long-Term Investments	396.25	314.74	342.67	359.25	329.23	312.54
Goodwill	48.99	48.99	48.99	48.99	48.99	48.99
Other Intangible Assets	52.68	54.02	94.12	97.48	131.27	135.99
Long-Term Deferred Tax Assets	83.44	84.11	79.87	86.14	85.06	86.69
Long-Term Deferred Charges	5.13	3.2	6.11	6.02	10.22	14.38
Other Long-Term Assets	136.42	144.19	69.33	69.91	172	28.85
Total Assets	2,638	2,796	2,848	2,905	2,872	3,021
Accounts Payable	334.48	477.94	532.12	487.47	431.53	431.37
Accrued Expenses	16.55	44.84	35.67	43.24	32.33	45.27
Short-Term Debt	2	12.5	44.02	72.61	85.83	234.93
Current Portion of Long-Term Debt	36.01	49.7	0.1	47.63	45.17	5.16
Current Portion of Leases	-	16.3	14.06	15.12	19.52	-
Current Income Taxes Payable	11.29	3.96	3.91	3.36	2.92	4.41
Current Unearned Revenue	19.13	13.09	8.84	13.59	6.67	1.42
Other Current Liabilities	30.49	29.1	22.62	86.62	16.19	14.26
Total Current Liabilities	449.95	647.43	661.33	769.63	640.17	736.82
Long-Term Debt	110	29.7	79.7	58	80	125
Long-Term Leases	15.43	20.07	18.7	20.63	35.92	-
Long-Term Unearned Revenue	12.58	13.91	15.88	14.5	3.39	3.68
Long-Term Deferred Tax Liabilities	0.05	0.05	2.04	3.12	4.73	3.74
Other Long-Term Liabilities	1.24	1	-	-	-	13.29
Total Liabilities	589.25	712.17	777.65	865.88	764.21	882.53
Common Stock	1,060	1,060	1,060	1,060	1,060	1,060
Additional Paid-In Capital	482.43	489.97	494.86	494.86	494.86	495.58
Retained Earnings	378.77	352.71	334.93	306.53	366.82	395.11
Treasury Stock	-46.09	-	-	-	-	-0.87
Comprehensive Income & Other	-10.11	-10.56	5.17	4.73	0.24	-1.55
Total Common Equity	1,865	1,892	1,895	1,866	1,922	1,948
Minority Interest	184.24	191.5	175.03	173.33	185.94	190.21
Shareholders' Equity	2,049	2,084	2,070	2,039	2,108	2,139
Total Liabilities & Equity	2,638	2,796	2,848	2,905	2,872	3,021
Total Debt	163.44	128.27	156.57	213.98	266.44	365.09
Net Cash (Debt)	680.53	771.94	565.62	289.63	114.39	219.8
Net Cash Growth	7.80%	36.48%	95.29%	153.20%	-47.96%	1.25%
Net Cash Per Share	0.60	0.68	0.60	0.29	0.12	0.21
Filing Date Shares Outstanding	1,060	1,060	1,060	1,060	1,060	1,060
Total Common Shares Outstanding	1,060	1,060	1,060	1,060	1,060	1,060
Working Capital	1,017	1,016	969.33	837.96	723.38	979.44
Book Value Per Share	1.76	1.79	1.79	1.76	1.81	1.84
Tangible Book Value	1,763	1,789	1,752	1,720	1,742	1,763
Tangible Book Value Per Share	1.66	1.69	1.65	1.62	1.64	1.66
Buildings	-	343.16	414.06	418.11	406.8	367.7
Machinery	-	868.39	885.41	941.09	991.51	1,010
Construction In Progress	-	3.16	7.65	12.09	83	62.72

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