SHE:003013 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	593.67	931.2	1,324	1,377	1,401	1,376
Trading Asset Securities	29.5	50.13	-	-	-	-
Cash & Short-Term Investments	623.17	981.34	1,324	1,377	1,401	1,376
Cash Growth	-18.00%	-25.86%	-3.91%	-1.68%	1.83%	3.59%
Accounts Receivable	2,605	2,228	1,965	1,455	1,309	1,035
Other Receivables	31.98	31.75	41.36	35.95	40.7	47.98
Receivables	2,637	2,260	2,006	1,490	1,350	1,083
Inventory	717.18	644.62	561.28	478.67	480.82	398.55
Prepaid Expenses	-	-	-	-	-	1.76
Other Current Assets	88.01	97.98	124.78	157.17	177.22	269.53
Total Current Assets	4,065	3,984	4,016	3,504	3,409	3,128
Property, Plant & Equipment	938.87	1,010	698.29	470.11	297.91	157.4
Long-Term Investments	164.6	183.81	143.69	112.26	107.99	103.41
Other Intangible Assets	583.58	593.64	611.17	627.03	642.04	654.46
Long-Term Deferred Tax Assets	260.85	234.94	185.27	146.64	120.62	80.09
Long-Term Deferred Charges	20.75	26.95	9.58	13.88	13.2	16.84
Other Long-Term Assets	114.24	102.81	102.44	29.91	36.58	37.15
Total Assets	6,148	6,136	5,767	4,903	4,627	4,177
Accounts Payable	1,065	1,029	739.24	538.02	471.55	392.1
Accrued Expenses	381.9	543.29	610	587.66	456.39	415.26
Short-Term Debt	650.34	320.49	296.24	-	-	-
Current Portion of Leases	23.74	24.85	24.54	32.95	44.36	-
Current Income Taxes Payable	106.03	108.41	81.89	39.21	26.94	4.82
Current Unearned Revenue	552.21	929.84	1,320	1,348	1,540	1,427
Other Current Liabilities	317.22	294.43	203.01	122.85	116.38	93.89
Total Current Liabilities	3,097	3,250	3,275	2,669	2,656	2,333
Long-Term Leases	34.59	45.89	33.22	42.07	29.36	-
Long-Term Unearned Revenue	4.71	2	2.62	0.42	0.59	1.49
Long-Term Deferred Tax Liabilities	2.75	1.34	1.54	2.04	-	-
Total Liabilities	3,139	3,300	3,312	2,713	2,686	2,334
Common Stock	408.33	408.33	400.01	400.01	400.01	400.01
Additional Paid-In Capital	970.76	961.02	857.52	857.61	857.34	857.03
Retained Earnings	1,602	1,451	1,155	903.22	663.39	570.86
Treasury Stock	-65.54	-69.53	-	-	-	-
Total Common Equity	2,915	2,751	2,413	2,161	1,921	1,828
Minority Interest	94.28	85.17	41.67	29.21	20.48	15.34
Shareholders' Equity	3,009	2,836	2,454	2,190	1,941	1,843
Total Liabilities & Equity	6,148	6,136	5,767	4,903	4,627	4,177
Total Debt	708.67	391.23	353.99	75.01	73.72	-
Net Cash (Debt)	-85.51	590.1	969.55	1,302	1,327	1,376
Net Cash Growth	-	-39.14%	-25.55%	-1.87%	-3.53%	3.59%
Net Cash Per Share	-0.21	1.48	2.42	3.26	3.31	3.75
Filing Date Shares Outstanding	408.33	408.33	400.01	400.01	400.01	400.01
Total Common Shares Outstanding	408.33	408.33	400.01	400.01	400.01	400.01
Working Capital	968.63	733.44	741.22	834.77	752.84	795.37
Book Value Per Share	7.14	6.74	6.03	5.40	4.80	4.57
Tangible Book Value	2,332	2,157	1,801	1,534	1,279	1,173
Tangible Book Value Per Share	5.71	5.28	4.50	3.83	3.20	2.93
Buildings	-	704.1	117.66	117.66	111.82	111.82
Machinery	-	142.49	131.24	134.78	116.45	110.89
Construction In Progress	-	88.74	478.22	222.99	59.52	-

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