SHE:200992 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	282.98	259.48	262.13	227.26	210.57	255.81
Trading Asset Securities	-	-	-	-	-	5
Cash & Short-Term Investments	282.98	259.48	262.13	227.26	210.57	260.81
Cash Growth	30.81%	-1.01%	15.34%	7.93%	-19.26%	40.21%
Accounts Receivable	62.19	50.52	48.42	57.83	37.81	66.26
Other Receivables	56.91	71.69	6.6	5.56	3.6	16.65
Receivables	119.1	122.21	55.02	63.4	41.4	82.91
Inventory	365.98	450.43	495.7	426.13	277.1	338.89
Prepaid Expenses	-	0.01	0.01	0.02	0.07	0.05
Other Current Assets	66.09	50.11	40.5	37.63	39.25	17.93
Total Current Assets	834.15	882.25	853.36	754.44	568.39	700.59
Property, Plant & Equipment	1,114	1,118	1,085	976.11	644.52	510
Long-Term Investments	0.62	0.88	1.41	1.98	-	-
Other Intangible Assets	58.28	59.4	60.96	62.63	12.11	12.81
Long-Term Deferred Tax Assets	1.29	1.36	1.43	1.56	1.64	1.74
Long-Term Deferred Charges	2.11	2.64	3.35	0.08	0.22	0.32
Other Long-Term Assets	61	42.94	42.86	41.63	173.25	34.15
Total Assets	2,071	2,107	2,048	1,838	1,400	1,260
Accounts Payable	95.76	170.16	124.33	134.27	50.12	69.9
Accrued Expenses	51.33	68.4	65.11	56.83	48.01	42.56
Short-Term Debt	16.02	46.01	58.01	20.02	10.01	41.27
Current Portion of Long-Term Debt	14.98	14.88	8.84	6.5	3.2	-
Current Portion of Leases	-	-	-	-	1.71	-
Current Income Taxes Payable	6.77	1.71	2.23	1.54	2.15	0.51
Current Unearned Revenue	22.38	17.1	31.26	51.26	13.22	12.45
Other Current Liabilities	31.13	26.15	21.13	19.63	9.29	10.22
Total Current Liabilities	238.36	344.41	310.9	290.07	137.72	176.9
Long-Term Debt	454.65	380.65	390.67	283.56	149.39	-
Long-Term Unearned Revenue	52.77	53.58	51.98	13.5	13.69	14.49
Pension & Post-Retirement Benefits	0.53	0.53	0.54	0.62	1.03	1.24
Long-Term Deferred Tax Liabilities	2.21	2.33	2.48	2.61	2.78	1.45
Total Liabilities	748.53	781.5	756.57	590.35	304.61	194.09
Common Stock	266.07	266.07	266.07	266.07	266.07	266.07
Additional Paid-In Capital	295.62	189.09	189.09	189.09	189.09	284.05
Retained Earnings	508.31	505.81	471.27	431.67	401.43	365.91
Comprehensive Income & Other	-2.62	106.21	103.16	100.24	76.94	-12.78
Total Common Equity	1,067	1,067	1,030	987.07	933.54	903.25
Minority Interest	255.31	258.28	261.97	261	161.99	162.27
Shareholders' Equity	1,323	1,325	1,292	1,248	1,096	1,066
Total Liabilities & Equity	2,071	2,107	2,048	1,838	1,400	1,260
Total Debt	485.64	441.55	457.51	310.08	164.32	41.27
Net Cash (Debt)	-202.67	-182.07	-195.39	-82.82	46.26	219.54
Net Cash Growth	-	-	-	-	-78.93%	63.41%
Net Cash Per Share	-0.76	-0.68	-0.73	-0.31	0.17	0.82
Filing Date Shares Outstanding	266.07	266.07	266.07	266.07	266.07	266.07
Total Common Shares Outstanding	266.07	266.07	266.07	266.07	266.07	266.07
Working Capital	595.78	537.83	542.46	464.37	430.67	523.68
Book Value Per Share	4.01	4.01	3.87	3.71	3.51	3.39
Tangible Book Value	1,009	1,008	968.64	924.45	921.43	890.44
Tangible Book Value Per Share	3.79	3.79	3.64	3.47	3.46	3.35
Buildings	-	196.08	196.07	196.05	123.13	118.6
Machinery	-	1,340	1,286	826.11	718.2	747.95
Construction In Progress	-	118.02	65.29	344.73	165.27	3.71

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