SHE:300173 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	209.91	243.86	378.02	310.22	556.16	337.19
Trading Asset Securities	-	-	-	80.13	0	32.78
Cash & Short-Term Investments	209.91	243.86	378.02	390.35	556.16	369.97
Cash Growth	50.08%	-35.49%	-3.16%	-29.81%	50.33%	222.80%
Accounts Receivable	544.65	828.57	790.56	805.69	813.38	674.97
Other Receivables	59.36	59.24	27.77	74.92	145.6	33.18
Receivables	604.01	887.81	818.33	880.61	958.98	708.15
Inventory	1,578	1,470	1,907	1,922	1,848	1,360
Other Current Assets	264.81	242.48	260.09	158.05	206.45	309.2
Total Current Assets	2,657	2,844	3,364	3,351	3,570	2,747
Property, Plant & Equipment	419.23	399.05	355.3	293.44	340.84	140.87
Long-Term Investments	177.95	183.26	103.64	105.95	100.51	138.66
Goodwill	384.48	384.48	384.48	384.48	399.84	479.27
Other Intangible Assets	18.17	22.81	29.01	111.9	124.33	124.67
Long-Term Accounts Receivable	-	-	-	4.87	42.96	29.15
Long-Term Deferred Tax Assets	42.73	36.45	25.05	31.33	51.96	24.89
Long-Term Deferred Charges	37.11	39.82	44.51	49.29	50.26	44.3
Other Long-Term Assets	29.78	30.8	50.74	109.14	108.48	22.85
Total Assets	3,767	3,941	4,356	4,442	4,789	3,752
Accounts Payable	631.05	576.2	820.87	958.26	1,069	680.44
Accrued Expenses	28	92.59	112.75	129.19	87.23	73.22
Short-Term Debt	278.61	665.17	775.27	785.78	895.3	320.14
Current Portion of Long-Term Debt	37.83	17.83	1.48	0.68	10.34	45.22
Current Portion of Leases	-	14.18	14.24	18.43	19.88	-
Current Income Taxes Payable	21.48	2.54	2.31	0.06	0.47	5.37
Current Unearned Revenue	988.49	987.8	1,188	1,268	1,008	763.5
Other Current Liabilities	33.69	83.07	216.28	89.77	110.36	175.52
Total Current Liabilities	2,019	2,439	3,131	3,250	3,200	2,063
Long-Term Debt	536.45	254.61	62.67	88.49	82	10.34
Long-Term Leases	81.28	92.94	91.82	109.62	146.36	-
Long-Term Unearned Revenue	12	12	13.8	14.3	3.63	19.87
Long-Term Deferred Tax Liabilities	1.78	2.19	3.04	3.14	7.56	10.86
Other Long-Term Liabilities	33.61	37.69	43.3	46.73	3.86	2.51
Total Liabilities	2,684	2,839	3,346	3,512	3,444	2,107
Common Stock	734.73	734.73	734.73	734.73	734.73	734.73
Additional Paid-In Capital	1,419	1,419	1,417	1,463	1,499	1,560
Retained Earnings	-1,214	-1,194	-1,278	-1,348	-1,042	-719.18
Comprehensive Income & Other	26.67	26.67	26.67	-	-	-
Total Common Equity	966.61	986.52	900.7	850	1,191	1,575
Minority Interest	115.67	115.27	110.05	79.58	153.99	69.52
Shareholders' Equity	1,082	1,102	1,011	929.58	1,345	1,645
Total Liabilities & Equity	3,767	3,941	4,356	4,442	4,789	3,752
Total Debt	934.17	1,045	945.49	1,003	1,154	375.71
Net Cash (Debt)	-724.26	-800.87	-567.47	-612.63	-597.72	-5.73
Net Cash Per Share	-0.96	-1.06	-0.81	-0.84	-0.81	-0.01
Filing Date Shares Outstanding	734.73	734.73	734.73	734.73	734.73	734.73
Total Common Shares Outstanding	734.73	734.73	734.73	734.73	734.73	734.73
Working Capital	637.95	404.55	232.66	101.46	369.27	683.81
Book Value Per Share	1.32	1.34	1.23	1.16	1.62	2.14
Tangible Book Value	563.96	579.24	487.22	353.62	666.88	971.43
Tangible Book Value Per Share	0.77	0.79	0.66	0.48	0.91	1.32
Buildings	-	10.81	10.81	2.44	2.44	2.44
Machinery	-	202.17	216.08	216.4	225.69	160.23
Construction In Progress	-	163.24	101.75	19.54	19.68	5.01

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