SHE:300111 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	519.22	567.37	879.15	233.19	206.09	225.64
Trading Asset Securities	-	-	-	-	0	-
Cash & Short-Term Investments	519.22	567.37	879.15	233.19	206.09	225.64
Cash Growth	-18.48%	-35.46%	277.01%	13.15%	-8.67%	53.82%
Accounts Receivable	47.11	73.81	65.26	105.64	121.2	74.22
Other Receivables	41.96	2.84	2.87	0.94	94.91	2.37
Receivables	89.08	76.65	68.13	106.58	216.11	76.59
Inventory	150.04	142.83	118.02	112.27	75.18	74.36
Other Current Assets	0.91	1.04	17.49	2.82	1.2	6.79
Total Current Assets	759.24	787.9	1,083	454.86	498.58	383.37
Property, Plant & Equipment	87.12	95.97	95.33	101.69	107.19	160.14
Long-Term Investments	52.16	51.18	1.06	0.99	0.76	0.44
Other Intangible Assets	44.98	47.31	51.22	46.95	16.71	16.63
Long-Term Deferred Tax Assets	3.33	2.6	1.82	0.34	0.4	0.04
Long-Term Deferred Charges	15.23	13.69	7.93	10.12	7.14	3.2
Other Long-Term Assets	7.16	0.47	1.9	1.31	0.87	0.62
Total Assets	969.22	999.12	1,242	616.25	631.63	564.44
Accounts Payable	90.65	117.47	97.65	109.99	78.66	106.92
Accrued Expenses	5.92	9.26	10.49	12.82	9.52	7.27
Short-Term Debt	3.09	4.86	45.72	30.28	-	-
Current Portion of Leases	-	0.87	0.91	1.03	0.93	-
Current Income Taxes Payable	1.55	-	0	0.53	2.36	0.82
Current Unearned Revenue	0.74	1.07	3.86	3.64	1.06	1.92
Other Current Liabilities	2.41	2.59	235.74	3.72	62.07	71
Total Current Liabilities	104.36	136.13	394.37	162.01	154.61	187.93
Long-Term Leases	-	-	0.87	1.79	-	-
Long-Term Unearned Revenue	2.21	3.51	0.6	1.11	1.62	32.91
Other Long-Term Liabilities	36.51	36.51	36.68	36.51	65.15	72.55
Total Liabilities	143.08	176.14	432.52	201.41	221.38	293.39
Common Stock	1,287	1,287	1,287	1,120	1,120	1,120
Additional Paid-In Capital	536.06	536.06	536.06	332.76	332.76	249.46
Retained Earnings	-1,128	-1,130	-1,138	-1,159	-1,158	-1,212
Comprehensive Income & Other	-7.25	-7.34	-7.44	-7.51	-7.54	-7.56
Total Common Equity	687.64	686.24	678.33	285.79	286.9	150.17
Minority Interest	138.51	136.74	131.2	129.04	123.35	120.89
Shareholders' Equity	826.15	822.98	809.53	414.84	410.25	271.06
Total Liabilities & Equity	969.22	999.12	1,242	616.25	631.63	564.44
Total Debt	3.09	5.74	47.51	33.1	0.93	-
Net Cash (Debt)	516.12	561.63	831.64	200.09	205.16	225.64
Net Cash Growth	-17.65%	-32.47%	315.63%	-2.47%	-9.08%	965.03%
Net Cash Per Share	0.42	0.43	0.65	0.18	0.18	0.20
Filing Date Shares Outstanding	1,287	1,287	1,287	1,120	1,120	1,120
Total Common Shares Outstanding	1,287	1,287	1,287	1,120	1,120	1,120
Working Capital	654.88	651.77	688.42	292.84	343.97	195.44
Book Value Per Share	0.53	0.53	0.53	0.26	0.26	0.13
Tangible Book Value	642.66	638.93	627.11	238.84	270.19	133.53
Tangible Book Value Per Share	0.50	0.50	0.49	0.21	0.24	0.12
Buildings	-	90.96	91.24	91.24	91.24	94.68
Machinery	-	173.97	168.98	151.06	143.28	229.71
Construction In Progress	-	18.8	10.02	20.53	21.72	17.12

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