SHE:300135 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	150.9	207.12	263.88	708.86	660.43	735.11
Short-Term Investments	-	61.63	1.63	5.05	6	6
Trading Asset Securities	-	0	0.16	47.98	20.43	30.19
Cash & Short-Term Investments	150.9	268.75	265.67	761.89	686.85	771.29
Cash Growth	-59.17%	1.16%	-65.13%	10.93%	-10.95%	-11.42%
Accounts Receivable	288.69	324.34	449.93	459.13	409.85	454.53
Other Receivables	26.91	17.86	42.19	56.6	163.94	182.32
Receivables	315.6	342.2	492.12	515.74	573.79	636.85
Inventory	248.17	149.24	217.8	117.33	206.08	202.62
Other Current Assets	536.61	149.99	346.2	215.49	165.69	174.3
Total Current Assets	1,251	910.17	1,322	1,610	1,632	1,785
Property, Plant & Equipment	125.77	316.31	333.7	542.34	587.37	642.59
Long-Term Investments	38	3.12	3.14	3.14	-	-
Goodwill	-	-	-	8.7	13.55	13.55
Other Intangible Assets	68.89	70.62	79.48	82.04	84.81	83.26
Long-Term Deferred Tax Assets	73.72	66.22	64.98	61.54	40.11	32.06
Long-Term Deferred Charges	9.29	13.3	9.13	4.28	6.25	1.11
Other Long-Term Assets	39.66	335.1	481.37	47.25	58.66	63.62
Total Assets	1,607	1,715	2,294	2,360	2,423	2,621
Accounts Payable	33.13	87.37	152.88	209.44	114.98	117.17
Accrued Expenses	2.53	19.17	16.11	15.2	18.35	9.2
Short-Term Debt	563.18	608.61	930.84	972.08	870.67	969.69
Current Portion of Long-Term Debt	-	-	13.29	56.96	56.7	-
Current Portion of Leases	2.15	1.22	3.09	1.38	3.27	54.57
Current Income Taxes Payable	6.75	1.41	9.72	4.79	3.25	2.53
Current Unearned Revenue	47.14	32.54	93.76	39.42	22.56	28.16
Other Current Liabilities	22.98	19.06	69.06	34.08	75.07	34.54
Total Current Liabilities	677.85	769.37	1,289	1,333	1,165	1,216
Long-Term Leases	3.55	-	62.28	26.27	84.67	139.99
Long-Term Unearned Revenue	3.84	4.44	5.17	4.5	5.67	6.77
Long-Term Deferred Tax Liabilities	2.15	0.99	3.79	10.62	8.87	10.66
Other Long-Term Liabilities	-	-	-	3	0.46	0.82
Total Liabilities	687.4	774.8	1,360	1,378	1,265	1,374
Common Stock	921.6	921.6	921.6	921.6	921.6	921.6
Additional Paid-In Capital	35.26	35.26	35.26	35.26	35.26	35.26
Retained Earnings	3.31	22.66	0.36	45.04	216.85	299.59
Treasury Stock	-15.52	-15.52	-	-	-	-
Comprehensive Income & Other	0.67	0.68	-3.26	-3.23	-3.74	-2.87
Total Common Equity	945.32	964.67	953.95	998.67	1,170	1,254
Minority Interest	-26.11	-24.62	-20.37	-16.66	-11.33	-6.44
Shareholders' Equity	919.21	940.05	933.58	982.01	1,159	1,247
Total Liabilities & Equity	1,607	1,715	2,294	2,360	2,423	2,621
Total Debt	568.87	609.83	1,010	1,057	1,015	1,164
Net Cash (Debt)	-417.97	-341.08	-743.83	-294.79	-328.45	-392.96
Net Cash Per Share	-0.45	-0.37	-0.82	-0.32	-0.36	-0.40
Filing Date Shares Outstanding	915.6	915.6	921.6	921.6	921.6	921.6
Total Common Shares Outstanding	915.6	915.6	921.6	921.6	921.6	921.6
Working Capital	573.42	140.8	33.02	277.1	467.56	569.2
Book Value Per Share	1.03	1.05	1.04	1.08	1.27	1.36
Tangible Book Value	876.43	894.05	874.47	907.92	1,072	1,157
Tangible Book Value Per Share	0.96	0.98	0.95	0.99	1.16	1.26
Buildings	-	164.15	153.84	158.19	158.19	157.74
Machinery	-	532.34	577.42	825.79	867.75	868.4
Construction In Progress	-	0.55	3.25	4.35	1.57	6.86

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