SHE:300016 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	352.29	257.46	748.45	766.73	895.02	1,014
Trading Asset Securities	343.64	350.77	-	-	-	-
Cash & Short-Term Investments	695.93	608.23	748.45	766.73	895.02	1,014
Cash Growth	-0.38%	-18.73%	-2.38%	-14.33%	-11.71%	308.10%
Accounts Receivable	222.6	176.36	188.55	112.67	142.52	190.37
Other Receivables	1.2	9.54	5.87	8.39	5.81	15.36
Receivables	223.81	185.9	194.42	121.06	148.33	205.73
Inventory	367.75	362.09	244.86	276.22	250.01	117.12
Other Current Assets	51.64	14.95	9.07	14	12.72	14.48
Total Current Assets	1,339	1,171	1,197	1,178	1,306	1,351
Property, Plant & Equipment	1,059	976.03	876.23	840.46	795.3	739.48
Long-Term Investments	528.45	536.76	556.06	561.19	553.2	508.43
Goodwill	46.92	46.92	-	31.82	51.23	51.23
Other Intangible Assets	152.07	160.82	128.39	125.1	138.99	138.04
Long-Term Accounts Receivable	1.47	1.43	-	-	-	-
Long-Term Deferred Tax Assets	36.73	41.33	41.38	39.32	18.15	11.07
Long-Term Deferred Charges	21.88	24.94	17.2	36.95	32.4	36.17
Other Long-Term Assets	36	18.11	3.38	5.83	8.92	12.1
Total Assets	3,222	2,978	2,819	2,819	2,904	2,848
Accounts Payable	192.12	171.32	115.12	140.9	141.13	137.03
Accrued Expenses	13.13	44.5	34.89	32.05	26.06	24.12
Short-Term Debt	195.31	140.02	175.56	107.61	79.08	143.91
Current Portion of Long-Term Debt	140.2	49	12.4	10.09	20.13	6
Current Portion of Leases	-	3.26	3.04	2.74	0.27	-
Current Income Taxes Payable	17.56	-	-	-	0.01	0.01
Current Unearned Revenue	6.01	8.76	2.01	4.45	3.8	7.95
Other Current Liabilities	38.7	38.38	16.14	4.83	15.09	24.54
Total Current Liabilities	603.04	455.23	359.17	302.67	285.56	343.54
Long-Term Debt	154	600.24	592.55	516.28	476.1	553.18
Long-Term Leases	1.97	4.8	7.17	9.98	0.14	-
Long-Term Unearned Revenue	26.15	16.84	11.74	7.89	10.45	13.76
Long-Term Deferred Tax Liabilities	67.63	70.93	62.48	58.56	45.98	45.01
Total Liabilities	852.8	1,148	1,033	895.39	818.22	955.5
Common Stock	562.87	491.95	491.93	491.96	492.72	494.49
Additional Paid-In Capital	697.91	135.34	135.22	135.3	201.27	188.53
Retained Earnings	946.03	926.45	912.79	1,019	1,042	945.96
Treasury Stock	-	-	-	-0.1	-9.06	-18.01
Comprehensive Income & Other	4.25	113.86	110.67	130.27	130.04	130.93
Total Common Equity	2,211	1,668	1,651	1,776	1,857	1,742
Minority Interest	157.92	161.9	135.69	146.88	229.03	150.17
Shareholders' Equity	2,369	1,829	1,786	1,923	2,086	1,892
Total Liabilities & Equity	3,222	2,978	2,819	2,819	2,904	2,848
Total Debt	491.48	797.32	790.72	646.71	575.72	703.09
Net Cash (Debt)	204.45	-189.09	-42.28	120.03	319.31	310.64
Net Cash Growth	-	-	-	-62.41%	2.79%	25.05%
Net Cash Per Share	0.44	-0.42	-0.09	0.21	0.66	0.64
Filing Date Shares Outstanding	562.87	491.95	491.93	491.96	492.72	494.49
Total Common Shares Outstanding	562.87	491.95	491.93	491.96	492.72	494.49
Working Capital	736.08	715.95	837.62	875.34	1,021	1,008
Book Value Per Share	3.93	3.39	3.36	3.61	3.77	3.52
Tangible Book Value	2,012	1,460	1,522	1,619	1,667	1,553
Tangible Book Value Per Share	3.57	2.97	3.09	3.29	3.38	3.14
Buildings	-	700.49	561.7	557.21	532.04	503.45
Machinery	-	567.37	503.01	470.31	400.02	288.48
Construction In Progress	-	70.26	110.39	44.99	49	87.3

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