SHE:300056 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	16.25	44.18	25.63	65.89	110.1	247.87
Trading Asset Securities	-	-	-	2	0.01	31.45
Cash & Short-Term Investments	16.25	44.18	25.63	67.89	110.11	279.32
Cash Growth	-47.11%	72.37%	-62.25%	-38.35%	-60.58%	-13.13%
Accounts Receivable	237.99	267.1	235.15	280.31	247.47	300.85
Other Receivables	15.08	21.16	18.78	19.69	39.66	129.54
Receivables	253.07	288.26	253.94	299.99	287.13	430.4
Inventory	115.91	69.79	205.16	207.86	315.09	325.97
Prepaid Expenses	-	0	-	-	0.02	0.08
Other Current Assets	23.51	20.35	25.38	29.32	62.46	47.01
Total Current Assets	408.74	422.58	510.11	605.05	774.8	1,083
Property, Plant & Equipment	235.04	262.89	367.63	404.69	302.69	257.53
Long-Term Investments	4.68	4.64	32.77	40.24	135.93	43.4
Goodwill	55.86	55.86	101.28	129.69	-	276.77
Other Intangible Assets	24.03	25	40.81	39.73	46.66	47.35
Long-Term Deferred Tax Assets	7.63	7.33	35.75	42.22	10.4	3.52
Long-Term Deferred Charges	1.04	1.98	2.45	3.29	3.85	2.5
Other Long-Term Assets	11.19	12.15	13.13	13.29	21.6	16.34
Total Assets	748.22	792.42	1,104	1,278	1,296	1,730
Accounts Payable	160.53	169.33	149.11	207.03	151.91	172.87
Accrued Expenses	22.75	42.78	36.52	51.69	48.47	43.35
Short-Term Debt	226.94	263.1	343.09	313.75	266.02	207.27
Current Portion of Long-Term Debt	-	-	28.2	0.96	24.36	-
Current Portion of Leases	0.42	4.34	2.55	2.11	5.24	-
Current Income Taxes Payable	4.13	1.82	1.82	1.64	8.78	8.1
Current Unearned Revenue	73.11	45.81	80.22	36.21	43.43	47.69
Other Current Liabilities	103.96	52.9	47.68	61.24	33.6	48.4
Total Current Liabilities	591.84	580.08	689.2	674.63	581.81	527.69
Long-Term Debt	9.99	-	-	28.2	-	24.36
Long-Term Leases	2.54	2.71	2.01	2.91	25.95	-
Long-Term Unearned Revenue	1.9	3.07	9.24	11.7	15.07	18.58
Long-Term Deferred Tax Liabilities	3.38	3.6	5.78	6.12	2.22	2.14
Other Long-Term Liabilities	65.55	65.55	65.57	51.52	39.62	12.41
Total Liabilities	675.19	655.01	771.79	775.08	664.67	585.18
Common Stock	385.49	385.49	385.49	385.49	385.49	385.49
Additional Paid-In Capital	926.11	924.43	890.28	862.08	874.57	961.17
Retained Earnings	-1,164	-1,117	-1,008	-848.02	-765.08	-336.17
Treasury Stock	-	-	-	-	-	-31.59
Comprehensive Income & Other	0.16	0.12	2.22	2.06	2.66	2.08
Total Common Equity	147.58	192.6	269.81	401.61	497.64	980.97
Minority Interest	-74.56	-55.19	62.33	101.52	133.62	164.02
Shareholders' Equity	73.02	137.41	332.14	503.13	631.26	1,145
Total Liabilities & Equity	748.22	792.42	1,104	1,278	1,296	1,730
Total Debt	239.88	270.15	375.85	347.92	321.57	231.63
Net Cash (Debt)	-223.63	-225.97	-350.22	-280.04	-211.46	47.69
Net Cash Per Share	-0.57	-0.58	-0.92	-0.74	-0.55	0.13
Filing Date Shares Outstanding	385.49	385.49	385.49	385.49	385.49	380.4
Total Common Shares Outstanding	385.49	385.49	385.49	385.49	385.49	380.4
Working Capital	-183.09	-157.5	-179.09	-69.58	193	555.08
Book Value Per Share	0.38	0.50	0.70	1.04	1.29	2.58
Tangible Book Value	67.69	111.74	127.72	232.19	450.98	656.85
Tangible Book Value Per Share	0.18	0.29	0.33	0.60	1.17	1.73
Buildings	-	200.72	306.91	302.79	240.34	228.63
Machinery	-	367.15	423.29	405.19	279.39	286.31
Construction In Progress	-	4.87	4.73	19.42	28.31	3.29

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