SHE:300053 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	236.92	134.56	286.98	282.38	394.5	396.48
Trading Asset Securities	-	94.05	18.02	40.06	65.01	130.14
Cash & Short-Term Investments	236.92	228.61	305	322.44	459.51	526.62
Cash Growth	14.01%	-25.05%	-5.41%	-29.83%	-12.74%	28.67%
Accounts Receivable	567.88	551	692.58	840.04	901.66	806.6
Other Receivables	7.08	4.31	16.15	61.42	38.92	72.94
Receivables	574.96	555.31	708.73	901.46	940.58	879.54
Inventory	256.62	236.81	183.53	219.61	314.96	391.98
Prepaid Expenses	-	0.05	0.21	0.32	0.21	0.03
Other Current Assets	17.63	20.08	26.48	18.15	32.86	67.12
Total Current Assets	1,086	1,041	1,224	1,462	1,748	1,865
Property, Plant & Equipment	595.4	641.27	682.49	727.24	719.96	691.38
Long-Term Investments	6.76	8.04	15.2	38.25	40.46	42.24
Goodwill	30.67	30.67	30.67	241.48	550.52	556.21
Other Intangible Assets	533.93	565.4	367.44	292.09	521.75	412.43
Long-Term Accounts Receivable	-	-	-	-	32.71	58.18
Long-Term Deferred Tax Assets	107.14	107.14	135.53	139.94	53.96	40.66
Long-Term Deferred Charges	73.01	64.75	265.7	223.14	200.88	255.72
Other Long-Term Assets	22.18	15.32	33.52	31.15	35.36	11.12
Total Assets	2,455	2,473	2,755	3,155	3,904	3,933
Accounts Payable	280.98	297.5	304.16	337.69	377.57	326.33
Accrued Expenses	9.5	38.05	35.44	37.68	46.8	56.25
Short-Term Debt	216.9	174.4	159.15	72.54	88.61	148.83
Current Portion of Long-Term Debt	7.59	7.98	25.23	27	-	-
Current Portion of Leases	-	2.33	2.56	1.89	3.75	-
Current Income Taxes Payable	26.97	0.7	0.46	1.34	8.43	16.26
Current Unearned Revenue	112.44	90.35	76.84	69.75	128.66	183.73
Other Current Liabilities	14.44	18.06	23.48	34.79	48.55	65.06
Total Current Liabilities	668.81	629.38	627.32	582.68	702.37	796.44
Long-Term Debt	48.11	28.64	6.7	26.9	30	-
Long-Term Leases	1.18	1.3	3.92	1.85	2	-
Long-Term Unearned Revenue	34.44	38.92	46.78	49.59	52.23	59.52
Long-Term Deferred Tax Liabilities	0.47	0.48	1.01	0.67	1.67	2.22
Other Long-Term Liabilities	0.27	0.27	0.11	-	42.42	42.21
Total Liabilities	753.28	698.99	685.85	661.69	830.68	900.4
Common Stock	696.87	696.87	696.87	696.87	702.16	702.16
Additional Paid-In Capital	1,979	1,979	1,979	1,979	2,033	2,033
Retained Earnings	-975.43	-902.94	-608.72	-183.37	388.79	346.15
Treasury Stock	-	-	-	-	-50.09	-50.09
Comprehensive Income & Other	0.75	0.64	0.66	0.51	-2.83	-0.41
Total Common Equity	1,702	1,774	2,068	2,493	3,071	3,031
Minority Interest	0.34	0.48	0.44	0.17	1.58	1.62
Shareholders' Equity	1,702	1,774	2,069	2,494	3,073	3,033
Total Liabilities & Equity	2,455	2,473	2,755	3,155	3,904	3,933
Total Debt	273.78	214.66	197.57	130.18	124.35	148.83
Net Cash (Debt)	-36.86	13.95	107.43	192.26	335.16	377.79
Net Cash Growth	-	-87.01%	-44.12%	-42.64%	-11.29%	320.83%
Net Cash Per Share	-0.05	0.02	0.15	0.27	0.48	0.54
Filing Date Shares Outstanding	696.87	696.87	696.87	696.87	696.87	696.87
Total Common Shares Outstanding	696.87	696.87	696.87	696.87	696.87	696.87
Working Capital	417.31	411.47	596.62	879.3	1,046	1,069
Book Value Per Share	2.44	2.55	2.97	3.58	4.41	4.35
Tangible Book Value	1,137	1,178	1,670	1,960	1,999	2,063
Tangible Book Value Per Share	1.63	1.69	2.40	2.81	2.87	2.96
Buildings	-	347.39	308.12	137.08	-	164.86
Machinery	-	669.38	660.21	661.96	-	696.06
Construction In Progress	-	216.58	215.12	363.24	-	168.12

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