SHE:300172 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	569.04	117.1	263.89	148.09	48.1	136.97
Trading Asset Securities	360.7	629.65	455.33	508.32	594.51	448.31
Cash & Short-Term Investments	929.74	746.74	719.21	656.41	642.62	585.28
Cash Growth	41.48%	3.83%	9.57%	2.15%	9.80%	4.01%
Accounts Receivable	904.4	954.09	1,041	938.72	854.7	809.79
Other Receivables	23.08	17.04	16	20.68	20.96	24.02
Receivables	927.48	971.13	1,057	959.4	875.66	833.81
Inventory	104.53	96.56	61.59	73.06	35.84	47.16
Prepaid Expenses	46.64	47.65	57.29	63.31	78.64	-
Other Current Assets	39.65	23.41	38.94	40.08	35.15	93.45
Total Current Assets	2,048	1,886	1,934	1,792	1,668	1,560
Property, Plant & Equipment	139.43	145.38	153.77	169.64	194.11	240.41
Long-Term Investments	72.75	69.83	65.85	59.74	56.36	53.62
Goodwill	-	-	-	-	42.08	42.08
Other Intangible Assets	508.73	558.98	684.74	787.51	759.16	702.73
Long-Term Accounts Receivable	-	-	-	-	-	41.29
Long-Term Deferred Tax Assets	28.32	33.41	31.13	27.74	24.69	22.84
Other Long-Term Assets	22.4	22.77	22.45	40.44	35.21	10.86
Total Assets	2,820	2,716	2,892	2,877	2,780	2,674
Accounts Payable	460.72	496.25	566.76	589.33	506.34	460.5
Accrued Expenses	1	2.81	3.33	6.06	7.79	30.03
Short-Term Debt	2	4	61.06	54.05	37.04	5.01
Current Portion of Long-Term Debt	2.56	5.07	35.54	92.05	16.23	10.9
Current Income Taxes Payable	8.6	5.29	4.74	6.93	3.55	9.93
Current Unearned Revenue	202.4	107.32	104.45	103.9	43.16	95.91
Other Current Liabilities	46.67	48.46	40.48	31.39	21.87	17.11
Total Current Liabilities	723.96	669.21	816.36	883.71	635.98	629.37
Long-Term Debt	75	75	150.78	101.1	277.57	268.5
Long-Term Unearned Revenue	30.29	32.98	40.63	43.09	49.49	56.43
Long-Term Deferred Tax Liabilities	5.39	5.1	5.32	5.68	6.47	7
Other Long-Term Liabilities	0.85	1.42	1.62	12.82	13.7	11.51
Total Liabilities	835.49	783.71	1,015	1,046	983.21	972.8
Common Stock	676.71	676.71	676.71	676.71	676.71	520.71
Additional Paid-In Capital	43.54	43.54	44.34	44.34	44.34	200.17
Retained Earnings	1,218	1,163	1,109	1,057	1,015	934.14
Treasury Stock	-	-	-	-	-	-14.01
Total Common Equity	1,938	1,883	1,830	1,778	1,736	1,641
Minority Interest	45.81	48.98	47.19	52.78	60.58	59.7
Shareholders' Equity	1,984	1,932	1,877	1,831	1,796	1,701
Total Liabilities & Equity	2,820	2,716	2,892	2,877	2,780	2,674
Total Debt	79.56	84.08	247.37	247.21	330.84	284.4
Net Cash (Debt)	850.18	662.67	471.84	409.2	311.78	300.87
Net Cash Growth	48.99%	40.44%	15.31%	31.25%	3.62%	-2.10%
Net Cash Per Share	1.26	0.98	0.71	0.59	0.47	0.44
Filing Date Shares Outstanding	676.71	676.71	676.71	676.71	676.71	676.92
Total Common Shares Outstanding	676.71	676.71	676.71	676.71	676.71	676.92
Working Capital	1,324	1,216	1,118	908.54	1,032	930.33
Book Value Per Share	2.86	2.78	2.70	2.63	2.56	2.42
Tangible Book Value	1,430	1,324	1,145	990.63	934.49	896.2
Tangible Book Value Per Share	2.11	1.96	1.69	1.46	1.38	1.32
Buildings	-	163.48	164.04	95.67	102.3	102.11
Machinery	-	83.65	83.73	81.37	69.71	68.4
Construction In Progress	-	0.32	0.32	73.99	94.39	133
Order Backlog	-	1,222	-	-	-	-

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