SHE:003011 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	355.42	272.66	235.08	373.41	327.85	414.85
Short-Term Investments	-	-	-	-	0.01	192
Trading Asset Securities	-	49.03	-	-	-	-
Cash & Short-Term Investments	355.42	321.7	235.08	373.41	327.86	606.85
Cash Growth	15.82%	36.84%	-37.05%	13.89%	-45.97%	677.79%
Accounts Receivable	291.18	267.08	308.99	378.87	316.38	156.28
Other Receivables	51.24	24.4	22.7	27.21	35.74	35.84
Receivables	342.42	291.48	331.69	406.07	352.12	192.12
Inventory	214.44	250.4	386.44	346.6	419.76	261
Prepaid Expenses	-	3.57	7.64	1.65	-	0
Other Current Assets	54.94	42.61	37.42	21.27	46.25	34.23
Total Current Assets	967.22	909.77	998.27	1,149	1,146	1,094
Property, Plant & Equipment	957.3	992.99	1,112	1,109	905.08	497.96
Long-Term Investments	51.11	46.81	47.8	48.18	34.19	-
Other Intangible Assets	139.62	147.65	153.31	136.37	136.09	55.88
Long-Term Deferred Tax Assets	5.79	5.07	3.13	3.39	5.11	3.61
Long-Term Deferred Charges	3.25	3.58	4	4.72	8.49	6.79
Other Long-Term Assets	25.53	27.54	22.22	34.09	38.38	84.03
Total Assets	2,150	2,133	2,341	2,485	2,273	1,742
Accounts Payable	162.43	159.84	239.45	284.78	267.54	229.88
Accrued Expenses	14.6	39.31	65.83	39.97	41.76	38.28
Short-Term Debt	372.06	359.79	541.29	586.7	585.87	193.31
Current Portion of Long-Term Debt	50.4	5.81	30.03	60.79	29.6	28.46
Current Portion of Leases	-	7.8	5.28	3.78	9.86	-
Current Income Taxes Payable	4.84	2.54	6.91	0.81	2.16	0.21
Current Unearned Revenue	5.42	4.53	3.06	3.28	2.9	2.13
Other Current Liabilities	24.34	7.48	19.06	9.53	15.03	9.17
Total Current Liabilities	634.08	587.1	910.91	989.65	954.72	501.43
Long-Term Debt	89.96	113.3	-	-	0.69	30.32
Long-Term Leases	12.31	14.99	9.26	35.71	45.03	-
Long-Term Deferred Tax Liabilities	-	0.75	0.15	0.04	0.11	0.23
Total Liabilities	736.35	716.15	920.33	1,025	1,001	531.98
Common Stock	102.68	102.68	102.68	102.68	102.68	73.34
Additional Paid-In Capital	719.37	718.85	719.37	718.98	718.98	748.32
Retained Earnings	659.7	630.33	641.23	656.08	473.67	398.7
Treasury Stock	-22.51	-21.55	-40	-26.22	-	-
Comprehensive Income & Other	-45.78	-13.04	-2.8	8.02	-22.55	-9.88
Shareholders' Equity	1,413	1,417	1,420	1,460	1,273	1,210
Total Liabilities & Equity	2,150	2,133	2,341	2,485	2,273	1,742
Total Debt	524.73	501.69	585.87	686.98	671.05	252.09
Net Cash (Debt)	-169.3	-179.99	-350.78	-313.57	-343.19	354.76
Net Cash Per Share	-1.44	-1.76	-3.46	-3.06	-3.33	4.26
Filing Date Shares Outstanding	101.71	101.68	101.68	100.82	102.68	102.68
Total Common Shares Outstanding	101.71	101.68	100.82	101.45	102.68	102.68
Working Capital	333.14	322.67	87.36	159.35	191.28	592.77
Book Value Per Share	13.90	13.94	14.09	14.39	12.40	11.79
Tangible Book Value	1,274	1,270	1,267	1,323	1,137	1,155
Tangible Book Value Per Share	12.52	12.49	12.57	13.04	11.07	11.25
Buildings	-	682.97	684.05	442.92	197.4	194.96
Machinery	-	602.39	647.99	469.7	420.28	347
Construction In Progress	-	55.37	47.83	363.06	386.2	55.93

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