SHE:300194 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	982.87	846.31	991.84	688.53	981.13	853.39
Trading Asset Securities	80.01	30	5.05	15.21	20.86	75.67
Cash & Short-Term Investments	1,063	876.32	996.89	703.74	1,002	929.05
Cash Growth	9.68%	-12.10%	41.66%	-29.77%	7.85%	7.83%
Accounts Receivable	243.4	255.39	359.39	433.24	393.02	370.1
Other Receivables	6.92	31.31	23.8	18.92	19.66	17.89
Receivables	250.32	286.71	383.19	452.16	412.68	387.98
Inventory	680.99	850.97	707.8	719.75	631.92	590.17
Prepaid Expenses	-	-	-	-	-	0.34
Other Current Assets	63.01	51.7	38.36	51.42	38.6	41.76
Total Current Assets	2,057	2,066	2,126	1,927	2,085	1,949
Property, Plant & Equipment	1,706	1,767	1,736	1,696	1,446	1,222
Long-Term Investments	1,264	1,216	1,183	1,072	752.43	699.42
Goodwill	261.18	261.18	261.18	485.69	508.66	709.72
Other Intangible Assets	426.17	441.2	401.71	383.81	382.37	1,015
Long-Term Deferred Tax Assets	70.15	60.54	65.81	101.86	49.15	40.16
Long-Term Deferred Charges	111.35	105.37	138.52	176.2	170.25	135.89
Other Long-Term Assets	71.44	61.6	63.37	35.35	312.58	201.07
Total Assets	5,967	5,979	5,976	5,878	5,706	5,973
Accounts Payable	283.4	436.39	379.48	385.07	289.77	216.04
Accrued Expenses	24.14	116.73	225.43	253.93	232.76	225.46
Short-Term Debt	459.77	333.32	349.11	406.34	642.15	477.5
Current Portion of Long-Term Debt	15.01	177.32	54.06	2.51	-	-
Current Portion of Leases	-	1.11	0.98	0.58	-	19.91
Current Income Taxes Payable	25.94	4.46	15.52	6.62	9	12.46
Current Unearned Revenue	26.3	54.09	51.25	61.96	57.15	56.21
Other Current Liabilities	109.13	103.58	119.22	170.04	57.66	53.95
Total Current Liabilities	943.69	1,227	1,195	1,287	1,288	1,062
Long-Term Debt	420.7	193.54	487.14	303.7	263.88	124.21
Long-Term Leases	0.08	0.49	1.57	1.06	-	-
Long-Term Unearned Revenue	101.38	109.91	92.36	98.06	75.03	53.09
Long-Term Deferred Tax Liabilities	47.31	49.5	51.09	64.35	35.92	31.64
Other Long-Term Liabilities	0.01	0.01	0.01	177.27	177.27	147.25
Total Liabilities	1,513	1,580	1,827	1,932	1,841	1,418
Common Stock	1,190	1,190	1,190	1,190	1,190	1,190
Additional Paid-In Capital	2,237	2,237	2,237	2,227	2,227	2,231
Retained Earnings	1,035	952.26	731.91	559.53	354.92	711.32
Comprehensive Income & Other	-9.75	16.74	-13.98	-31.58	-37.96	-31.74
Total Common Equity	4,452	4,396	4,145	3,945	3,734	4,100
Minority Interest	1.86	2.25	3.92	1.38	131.75	454.87
Shareholders' Equity	4,454	4,398	4,149	3,946	3,866	4,555
Total Liabilities & Equity	5,967	5,979	5,976	5,878	5,706	5,973
Total Debt	895.57	705.78	892.86	714.2	906.03	621.62
Net Cash (Debt)	167.31	170.54	104.03	-10.45	95.96	307.43
Net Cash Growth	-35.11%	63.93%	-	-	-68.79%	-58.79%
Net Cash Per Share	0.15	0.15	0.09	-0.01	0.08	0.26
Filing Date Shares Outstanding	1,190	1,190	1,190	1,190	1,190	1,190
Total Common Shares Outstanding	1,190	1,190	1,190	1,190	1,190	1,190
Working Capital	1,113	838.7	931.19	640.01	796.7	887.77
Book Value Per Share	3.74	3.69	3.48	3.32	3.14	3.45
Tangible Book Value	3,765	3,693	3,482	3,076	2,843	2,376
Tangible Book Value Per Share	3.16	3.10	2.93	2.59	2.39	2.00
Buildings	-	1,246	1,191	875.88	871.16	724.77
Machinery	-	1,765	1,615	1,347	1,225	1,072
Construction In Progress	-	114.23	155.84	695.25	441.2	427.73

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