SHE:300121 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	512.67	546.35	534.64	374.57	201.7	173.49
Short-Term Investments	-	-	140	35	-	-
Trading Asset Securities	140.05	208.18	343.41	85.48	-	0.5
Cash & Short-Term Investments	652.73	754.53	1,018	495.05	201.7	173.99
Cash Growth	-20.93%	-25.88%	105.64%	145.44%	15.92%	-43.13%
Accounts Receivable	1,310	1,206	1,235	1,186	843.23	770.57
Other Receivables	13.54	21.09	60.92	56.79	9.19	13.11
Receivables	1,323	1,227	1,295	1,243	852.42	783.68
Inventory	473.3	492.63	402.48	414.61	305.56	195.69
Other Current Assets	93.96	93.53	60.52	53.5	54.61	45.87
Total Current Assets	2,543	2,568	2,777	2,206	1,414	1,199
Property, Plant & Equipment	1,602	1,537	1,382	1,115	1,078	922.68
Long-Term Investments	41.58	56.64	53.04	53.91	51.5	39.87
Goodwill	14.51	14.51	-	-	-	-
Other Intangible Assets	220.12	195.6	109.76	85.94	74.2	76.51
Long-Term Deferred Tax Assets	30.73	38.81	30.86	27.23	14.67	10.13
Long-Term Deferred Charges	3.53	8.17	13.22	1.57	2.13	0.29
Other Long-Term Assets	126.2	63.59	51.84	52.35	22.21	57.38
Total Assets	4,582	4,482	4,417	3,542	2,657	2,306
Accounts Payable	284.9	322.8	439.92	461.13	380.45	366.48
Accrued Expenses	31.68	36.91	26.07	24.07	21.05	22.4
Short-Term Debt	285.05	218.05	124.14	100	254.35	220.14
Current Portion of Long-Term Debt	0.99	1.11	0.84	-	-	-
Current Portion of Leases	-	20.08	38.56	35.6	0.54	-
Current Income Taxes Payable	15.04	9.03	20.2	29.77	32.01	12.38
Current Unearned Revenue	5.03	5.32	4.34	12.49	8.64	3.85
Other Current Liabilities	4.49	47.51	8.86	9.39	9.07	6.89
Total Current Liabilities	627.17	660.81	662.92	672.46	706.12	632.14
Long-Term Debt	305	250.25	497.93	-	-	-
Long-Term Leases	-	-	20.51	59.07	1.67	-
Long-Term Unearned Revenue	33.01	35.24	24.35	24.98	19.67	17.83
Long-Term Deferred Tax Liabilities	15.92	18.21	3.65	5.87	1.59	0.08
Other Long-Term Liabilities	1.87	2.53	-	-	-	-
Total Liabilities	982.97	967.03	1,209	762.38	729.05	650.05
Common Stock	448.83	448.71	408.99	404.77	375.13	375.13
Additional Paid-In Capital	1,409	1,407	1,053	1,012	670.39	679.92
Retained Earnings	1,713	1,615	1,577	1,353	875.35	646.78
Treasury Stock	-106.34	-54.86	-2.29	-	-	-51.66
Comprehensive Income & Other	101.81	97.47	171.41	9.65	7.06	5.89
Total Common Equity	3,567	3,514	3,208	2,779	1,928	1,656
Minority Interest	32.68	1.23	0	-	-	-
Shareholders' Equity	3,599	3,515	3,208	2,779	1,928	1,656
Total Liabilities & Equity	4,582	4,482	4,417	3,542	2,657	2,306
Total Debt	591.04	489.49	681.97	194.67	256.56	220.14
Net Cash (Debt)	61.68	265.04	336.07	300.38	-54.86	-46.15
Net Cash Growth	-27.65%	-21.14%	11.88%	-	-	-
Net Cash Per Share	0.14	0.65	0.81	0.78	-0.15	-0.12
Filing Date Shares Outstanding	438.28	441.43	403.25	404.77	369.02	369.02
Total Common Shares Outstanding	438.28	441.42	408.73	404.77	369.02	369.02
Working Capital	1,916	1,907	2,114	1,533	708.16	567.09
Book Value Per Share	8.14	7.96	7.85	6.87	5.22	4.49
Tangible Book Value	3,332	3,304	3,098	2,693	1,854	1,580
Tangible Book Value Per Share	7.60	7.48	7.58	6.65	5.02	4.28
Buildings	-	903.07	694.29	691.16	643.04	535.25
Machinery	-	1,335	979.88	954.1	797.08	699.73
Construction In Progress	-	267.36	492.83	126.38	218.45	177.95

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