SHE:003042 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	236.78	425.23	571.58	315.81	575.93	283.47
Cash & Short-Term Investments	236.78	425.23	571.58	315.81	575.93	283.47
Cash Growth	-35.36%	-25.61%	80.99%	-45.16%	103.17%	87.47%
Accounts Receivable	433.67	314.61	210.98	350.52	224.56	206.3
Other Receivables	1.71	47.84	28.85	26.9	67.52	23.32
Receivables	435.38	362.44	239.83	377.42	292.08	229.61
Inventory	493.76	502.13	563.19	593.54	410.49	283.36
Prepaid Expenses	-	-	-	-	0.26	0.68
Other Current Assets	208.15	109.09	125.43	381.42	369.28	270.67
Total Current Assets	1,374	1,399	1,500	1,668	1,648	1,068
Property, Plant & Equipment	2,234	2,239	1,971	1,604	1,317	948.96
Other Intangible Assets	137.59	141.2	136.05	135.06	135.44	63.39
Long-Term Deferred Tax Assets	111.2	105.69	91.33	46.99	37.28	30.24
Long-Term Deferred Charges	33.31	29.2	19.31	3.16	0.78	0.65
Other Long-Term Assets	15.04	19.85	25.94	79.42	82.07	189.45
Total Assets	3,905	3,934	3,743	3,537	3,221	2,300
Accounts Payable	1,039	1,129	919.65	738.44	523.39	386.18
Accrued Expenses	39	43.83	43.93	37.28	38.61	52.74
Short-Term Debt	763.78	506.27	425.85	326.03	231.09	299.97
Current Portion of Long-Term Debt	170.41	80.1	110.17	-	45.08	40.06
Current Portion of Leases	-	0.27	-	-	-	-
Current Income Taxes Payable	3.64	0.33	0.24	2.38	8.47	4.76
Current Unearned Revenue	51.78	114.58	128.26	100.7	160.49	121.57
Other Current Liabilities	131.4	92.98	101.88	366.44	337.05	227.1
Total Current Liabilities	2,199	1,967	1,730	1,571	1,344	1,132
Long-Term Debt	244.65	417.28	369.1	240.15	240.35	166.02
Long-Term Leases	140.63	184.89	160.4	35.32	4.04	-
Long-Term Unearned Revenue	7.33	8.09	9.1	10.11	4.3	5.1
Long-Term Deferred Tax Liabilities	1.36	1.42	0.91	0.75	0.78	0.81
Total Liabilities	2,593	2,579	2,269	1,858	1,594	1,304
Common Stock	142.48	142.48	142.48	142.48	109.6	82.2
Additional Paid-In Capital	808.86	808.86	808.86	808.86	841.74	333.81
Retained Earnings	352.7	397.49	519.95	726.67	675.45	577.21
Comprehensive Income & Other	8.75	6.12	2.71	1.17	0.08	2.97
Shareholders' Equity	1,313	1,355	1,474	1,679	1,627	996.18
Total Liabilities & Equity	3,905	3,934	3,743	3,537	3,221	2,300
Total Debt	1,319	1,189	1,066	601.5	520.56	506.05
Net Cash (Debt)	-1,083	-763.58	-493.93	-285.69	55.37	-222.58
Net Cash Per Share	-7.57	-5.36	-3.46	-1.99	0.42	-2.08
Filing Date Shares Outstanding	142.48	142.48	142.48	142.48	142.48	106.86
Total Common Shares Outstanding	142.48	142.48	142.48	142.48	142.48	106.86
Working Capital	-824.62	-568.44	-229.95	96.92	303.86	-64.58
Book Value Per Share	9.21	9.51	10.35	11.79	11.42	9.32
Tangible Book Value	1,175	1,214	1,338	1,544	1,491	932.79
Tangible Book Value Per Share	8.25	8.52	9.39	10.84	10.47	8.73
Buildings	-	1,009	743.58	719.11	499.02	432.9
Machinery	-	1,726	1,369	1,388	1,070	878.94
Construction In Progress	-	410.69	601.94	207.54	335.4	161.33

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