SHE:200468 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021
Cash & Equivalents	76.52	292.6	178.29	173.86	188.67	209.85
Trading Asset Securities	-	-	-	-	20	-
Cash & Short-Term Investments	76.52	292.6	178.29	173.86	208.67	209.85
Cash Growth	5.72%	64.11%	2.55%	-16.68%	-0.56%	-19.68%
Accounts Receivable	389.53	328.6	357.46	362.98	389.14	543.62
Other Receivables	8.35	6.86	8.1	11.72	3.67	28.48
Receivables	397.89	335.46	365.56	374.69	392.81	572.1
Inventory	85.14	87.14	122.7	166.44	186.53	199.64
Other Current Assets	10.05	3.45	13.68	22.51	43.37	21.17
Total Current Assets	569.59	718.65	680.23	737.51	831.38	1,003
Property, Plant & Equipment	84.44	88.2	93.76	97.92	118.09	122.61
Long-Term Investments	11.15	11.15	11.15	11.16	11.16	11.16
Other Intangible Assets	11.33	11.67	19.63	20.49	21.11	21.26
Long-Term Deferred Charges	2.6	2.08	2.3	3.95	4.97	5.54
Other Long-Term Assets	5.13	6.27	19.17	20.35	6.85	4.27
Total Assets	684.25	838.02	826.24	891.39	993.57	1,168
Accounts Payable	280.34	359.46	407.26	470.87	539.62	679.18
Accrued Expenses	12.68	30.19	26.07	29.79	25.9	29.92
Short-Term Debt	95.14	128.13	69.86	112.84	199	65
Current Portion of Long-Term Debt	87.07	86.99	-	-	-	-
Current Portion of Leases	-	1.07	-	-	2.66	9.18
Current Income Taxes Payable	0.29	1.43	2.06	2.75	0.77	5.3
Current Unearned Revenue	9.41	24.79	16.72	15.05	18.88	28.52
Other Current Liabilities	49.8	39.19	44.43	53.46	62.12	50.04
Total Current Liabilities	534.74	671.25	566.41	684.76	848.94	867.14
Long-Term Debt	70	70	176.01	105.8	-	-
Long-Term Leases	0.84	0.84	-	-	-	4.04
Total Liabilities	605.58	742.09	742.42	790.56	848.94	871.17
Common Stock	215	215	215	215	215	215
Additional Paid-In Capital	201.32	137.79	137.79	137.79	197.86	137.79
Retained Earnings	-408.93	-393.75	-405.13	-388.25	-340.86	-202.09
Treasury Stock	-3	-3	-	-	-	-
Comprehensive Income & Other	-1.85	58.31	57.46	57.46	-6.82	38.93
Total Common Equity	2.53	14.35	5.11	22	65.19	189.62
Minority Interest	76.13	81.58	78.71	78.84	79.44	106.81
Shareholders' Equity	78.67	95.93	83.82	100.83	144.63	296.44
Total Liabilities & Equity	684.25	838.02	826.24	891.39	993.57	1,168
Total Debt	253.05	287.03	245.88	218.64	201.66	78.22
Net Cash (Debt)	-176.53	5.57	-67.58	-44.77	7.01	131.63
Net Cash Growth	-	-	-	-	-94.67%	-
Net Cash Per Share	-0.78	0.02	-0.32	-0.21	0.03	0.60
Filing Date Shares Outstanding	212.9	212.9	215	215	215	215
Total Common Shares Outstanding	212.9	212.9	215	215	215	215
Working Capital	34.85	47.4	113.82	52.75	-17.57	135.62
Book Value Per Share	0.01	0.07	0.02	0.10	0.30	0.88
Tangible Book Value	-8.8	2.68	-14.52	1.5	44.08	168.36
Tangible Book Value Per Share	-0.04	0.01	-0.07	0.01	0.21	0.78
Buildings	-	103.09	121.83	121.88	151.66	134.12
Machinery	-	85.06	90.61	89.56	82.37	81.08
Construction In Progress	-	-	0.01	-	0.29	22.45

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