SHE:003020 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	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	402.57	439.69	502.93	642.58	654.25	766.59	Upgrade
Short-Term Investments	80.6	10.67	-	-	-	-	Upgrade
Trading Asset Securities	0.11	58	61.52	0.12	0.13	-	Upgrade
Cash & Short-Term Investments	483.28	508.36	564.45	642.7	654.39	766.59	Upgrade
Cash Growth	-0.90%	-9.94%	-12.17%	-1.79%	-14.64%	243.39%	Upgrade
Accounts Receivable	390.97	415.63	295.19	321.02	318.37	285.28	Upgrade
Other Receivables	9.09	8.08	19.97	36.03	6.08	3.07	Upgrade
Receivables	400.06	423.7	315.16	357.05	324.45	288.36	Upgrade
Inventory	270.07	220.48	242.91	361.76	188.86	193.8	Upgrade
Prepaid Expenses	-	1.41	1.11	-	-	-	Upgrade
Other Current Assets	35.75	31.54	27.51	91.03	51.95	43.22	Upgrade
Total Current Assets	1,189	1,185	1,151	1,453	1,220	1,292	Upgrade
Property, Plant & Equipment	988.2	972.75	898.62	538.12	299.03	199.03	Upgrade
Long-Term Investments	193.09	194.11	180.39	14.4	20.71	-	Upgrade
Goodwill	74.44	74.44	74.44	-	-	-	Upgrade
Other Intangible Assets	101.15	105.24	113.29	83.38	89.51	31.42	Upgrade
Long-Term Deferred Tax Assets	15.43	14.51	16.13	8.58	5.86	3.37	Upgrade
Long-Term Deferred Charges	4.04	6.94	7.41	7.61	8.8	0.9	Upgrade
Other Long-Term Assets	32.19	32.49	42.26	16.76	30.9	9.33	Upgrade
Total Assets	2,598	2,586	2,484	2,121	1,674	1,536	Upgrade
Accounts Payable	373.68	347.53	301.25	460.66	242.93	280.28	Upgrade
Accrued Expenses	24.49	63.19	53.95	45.25	50.5	27.82	Upgrade
Short-Term Debt	-	50	50.05	-	-	-	Upgrade
Current Portion of Leases	6.24	4.36	4.54	10.03	-	-	Upgrade
Current Income Taxes Payable	29.41	9.08	15.53	12.71	6.05	1.92	Upgrade
Current Unearned Revenue	13.03	33.08	33.09	42.62	14.69	20.01	Upgrade
Other Current Liabilities	91.3	74.71	84.32	51.36	13.88	12.32	Upgrade
Total Current Liabilities	538.14	581.95	542.73	622.63	328.05	342.35	Upgrade
Long-Term Debt	59.64	59.65	31.01	-	-	-	Upgrade
Long-Term Leases	0.34	4.57	2.84	3.38	24.58	-	Upgrade
Long-Term Unearned Revenue	46.39	18.28	20.16	12.98	13.24	15.02	Upgrade
Long-Term Deferred Tax Liabilities	7.73	8.93	13.43	1.39	-	-	Upgrade
Other Long-Term Liabilities	-	-	-	1.16	4.66	4.66	Upgrade
Total Liabilities	652.24	673.38	610.18	641.53	370.53	362.03	Upgrade
Common Stock	190.18	191.57	159.68	122.47	92.64	92.64	Upgrade
Additional Paid-In Capital	505.93	518	551.89	554.93	526.16	522.15	Upgrade
Retained Earnings	1,103	1,038	994.95	829.51	685.11	559.2	Upgrade
Treasury Stock	-	-9.39	-20.99	-27.05	-	-	Upgrade
Total Common Equity	1,799	1,738	1,686	1,480	1,304	1,174	Upgrade
Minority Interest	146.5	174.71	187.97	-	-	-	Upgrade
Shareholders' Equity	1,945	1,913	1,873	1,480	1,304	1,174	Upgrade
Total Liabilities & Equity	2,598	2,586	2,484	2,121	1,674	1,536	Upgrade
Total Debt	66.22	118.58	88.44	13.41	24.58	-	Upgrade
Net Cash (Debt)	417.06	389.78	476	629.28	629.8	766.59	Upgrade
Net Cash Growth	-0.39%	-18.11%	-24.36%	-0.08%	-17.84%	284.83%	Upgrade
Net Cash Per Share	2.18	2.04	2.48	3.33	3.35	5.43	Upgrade
Filing Date Shares Outstanding	190.18	191.26	191.61	191.05	187.87	187.87	Upgrade
Total Common Shares Outstanding	190.18	191.57	191.61	191.05	187.87	187.87	Upgrade
Working Capital	651.01	603.54	608.42	829.92	891.59	949.61	Upgrade
Book Value Per Share	9.46	9.07	8.80	7.75	6.94	6.25	Upgrade
Tangible Book Value	1,623	1,558	1,498	1,396	1,214	1,143	Upgrade
Tangible Book Value Per Share	8.54	8.13	7.82	7.31	6.46	6.08	Upgrade
Buildings	-	547.66	395.67	140.12	127.89	125.55	Upgrade
Machinery	-	480.99	303.79	174.84	139.8	105.97	Upgrade
Construction In Progress	-	269.34	459.66	340.89	130.35	66.47	Upgrade

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