SHE:200026 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	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jan '21 Jan 1, 2021	2016 - 2020
Cash & Equivalents	602.14	514.09	504.98	315.87	211.09	352.08	Upgrade
Short-Term Investments	-	29.41	-	-	-	-	Upgrade
Cash & Short-Term Investments	602.14	543.5	504.98	315.87	211.09	352.08	Upgrade
Cash Growth	11.98%	7.63%	59.87%	49.64%	-40.05%	10.44%	Upgrade
Accounts Receivable	316.73	289.76	341.41	337.51	450.14	523.79	Upgrade
Other Receivables	58.73	3.32	4.4	7.67	5.83	6.45	Upgrade
Receivables	375.46	293.08	345.81	345.18	455.97	530.24	Upgrade
Inventory	1,826	1,984	2,101	2,141	2,050	1,932	Upgrade
Restricted Cash	-	6.15	1.2	0.72	1.72	3.41	Upgrade
Other Current Assets	121.65	124.84	130.6	120.78	133.81	136.56	Upgrade
Total Current Assets	2,925	2,952	3,083	2,924	2,853	2,954	Upgrade
Property, Plant & Equipment	439.88	476.01	465.24	474.96	497.43	352.73	Upgrade
Long-Term Investments	51.4	50.91	51.86	58.27	55.24	51.49	Upgrade
Other Intangible Assets	30.89	31.57	31.66	33.2	34.04	37.86	Upgrade
Long-Term Deferred Tax Assets	82.25	82.16	80.23	95.78	81.23	80.91	Upgrade
Long-Term Deferred Charges	90.19	110.21	122.32	144.49	163.79	130.02	Upgrade
Other Long-Term Assets	296.71	304.79	369.69	386.57	426.11	411.62	Upgrade
Total Assets	3,917	4,008	4,204	4,117	4,111	4,019	Upgrade
Accounts Payable	81.27	114.88	171.65	171.54	253.38	303.31	Upgrade
Accrued Expenses	68.43	129.54	161.9	192.36	206.68	178.16	Upgrade
Short-Term Debt	140.08	124.09	250.19	290.24	265.99	542.67	Upgrade
Current Portion of Long-Term Debt	58.12	-	-	-	3.92	0.37	Upgrade
Current Portion of Leases	-	63.54	66.4	71.55	83.03	-	Upgrade
Current Income Taxes Payable	51.26	11.54	21.28	16.75	15.66	29.49	Upgrade
Current Unearned Revenue	18.32	24.39	22.55	33.8	33.53	28.21	Upgrade
Other Current Liabilities	99.64	107.81	126.8	156.04	163.21	126.49	Upgrade
Total Current Liabilities	517.12	575.79	820.77	932.28	1,025	1,209	Upgrade
Long-Term Debt	-	-	-	-	-	4.07	Upgrade
Long-Term Leases	18.5	35.07	43.53	41.64	64.92	-	Upgrade
Long-Term Unearned Revenue	-	-	0.95	1.3	1.79	2.92	Upgrade
Long-Term Deferred Tax Liabilities	3.97	4.99	5.21	5.5	5.24	3.07	Upgrade
Total Liabilities	539.6	615.85	870.46	980.72	1,097	1,219	Upgrade
Common Stock	405.76	405.76	415.22	417.63	426.05	428.09	Upgrade
Additional Paid-In Capital	935.61	912.74	968.26	969.67	1,010	996.99	Upgrade
Retained Earnings	2,005	2,043	1,985	1,755	1,613	1,411	Upgrade
Treasury Stock	-	-12.82	-78.65	-50.76	-60.59	-61.63	Upgrade
Comprehensive Income & Other	30.37	43.62	44.45	45.17	24.2	25.48	Upgrade
Total Common Equity	3,377	3,392	3,334	3,136	3,013	2,800	Upgrade
Minority Interest	-	-	-	-	-	0.01	Upgrade
Shareholders' Equity	3,377	3,392	3,334	3,136	3,013	2,800	Upgrade
Total Liabilities & Equity	3,917	4,008	4,204	4,117	4,111	4,019	Upgrade
Total Debt	216.7	222.69	360.11	403.43	417.86	547.11	Upgrade
Net Cash (Debt)	385.43	320.8	144.86	-87.55	-206.78	-195.03	Upgrade
Net Cash Growth	249.44%	121.45%	-	-	-	-	Upgrade
Net Cash Per Share	0.95	0.78	0.35	-0.21	-0.48	-0.45	Upgrade
Filing Date Shares Outstanding	405.85	405.76	405.86	417.63	426.05	415.23	Upgrade
Total Common Shares Outstanding	405.85	405.76	405.86	417.63	426.05	415.23	Upgrade
Working Capital	2,408	2,376	2,262	1,992	1,827	1,745	Upgrade
Book Value Per Share	8.32	8.36	8.21	7.51	7.07	6.74	Upgrade
Tangible Book Value	3,346	3,360	3,302	3,103	2,979	2,762	Upgrade
Tangible Book Value Per Share	8.24	8.28	8.14	7.43	6.99	6.65	Upgrade
Machinery	-	239.25	238.7	225.08	215.45	208.28	Upgrade

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