SHE:300198 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	16.67	12.29	46.74	92.9	108.63	320.36
Trading Asset Securities	-	-	-	-	-	20.23
Cash & Short-Term Investments	16.67	12.29	46.74	92.9	108.63	340.59
Cash Growth	-66.97%	-73.70%	-49.68%	-14.48%	-68.11%	34.11%
Accounts Receivable	731.04	675.8	671.5	584.46	559.17	443.43
Other Receivables	56.42	50.83	44.91	51.95	147.63	113.85
Receivables	787.45	726.63	716.42	636.41	706.8	557.28
Inventory	31.42	35.02	42.92	69.84	94.22	119.57
Other Current Assets	29.7	32.74	38.37	51.66	87.91	95.85
Total Current Assets	865.24	806.69	844.45	850.8	997.56	1,113
Property, Plant & Equipment	204.33	219.88	263.74	303.75	336.04	371.6
Long-Term Investments	54.51	57.52	56.81	474.78	509.95	476.49
Other Intangible Assets	41.28	43.52	46.46	50.83	60.38	89.45
Long-Term Accounts Receivable	-	964.76	1,240	-	-	-
Long-Term Deferred Tax Assets	21.09	21.27	24.15	80.62	139.47	118.5
Long-Term Deferred Charges	0.68	0.82	0.98	1.15	1.62	2.53
Other Long-Term Assets	867.18	14.01	20.99	1,519	1,505	1,577
Total Assets	2,054	2,128	2,497	3,281	3,550	3,749
Accounts Payable	324.64	343.06	527.07	471.11	469.9	573.59
Accrued Expenses	32.36	74.69	68.33	82.07	28.14	13.85
Short-Term Debt	362.2	362.23	377.16	613.3	567.36	537.84
Current Portion of Long-Term Debt	426.92	224.16	122.45	116.58	112.54	69.65
Current Portion of Leases	-	1.4	0.68	13.5	20.71	10.63
Current Income Taxes Payable	25.92	11.42	3.11	5.36	2.92	13.46
Current Unearned Revenue	8.93	12.05	8.56	7.64	24.41	65.88
Other Current Liabilities	226.74	201.73	204.11	169.25	185.96	261.62
Total Current Liabilities	1,408	1,231	1,311	1,479	1,412	1,547
Long-Term Debt	501.28	650.69	669.45	580.58	618.75	618.25
Long-Term Leases	-	-	-	2.78	13.61	14.73
Long-Term Unearned Revenue	0.44	0.53	0.8	4.88	9.64	10.95
Long-Term Deferred Tax Liabilities	0.15	0.2	-	29.14	37.72	38.57
Other Long-Term Liabilities	130.61	121.08	89.15	110.94	59.36	40.1
Total Liabilities	2,040	2,003	2,071	2,207	2,151	2,269
Common Stock	1,032	1,032	1,032	1,032	1,032	1,032
Additional Paid-In Capital	63.52	63.52	63.52	63.52	67.65	63.52
Retained Earnings	-1,078	-969.16	-661.98	-35.23	272.54	354.24
Comprehensive Income & Other	0.95	1.05	0.54	0.55	0.06	0.13
Total Common Equity	18.5	126.96	433.63	1,060	1,372	1,449
Minority Interest	-4.4	-1.73	-7.06	13.87	26.94	30.7
Shareholders' Equity	14.11	125.24	426.57	1,074	1,399	1,480
Total Liabilities & Equity	2,054	2,128	2,497	3,281	3,550	3,749
Total Debt	1,290	1,238	1,170	1,327	1,333	1,251
Net Cash (Debt)	-1,274	-1,226	-1,123	-1,234	-1,224	-910.51
Net Cash Per Share	-1.23	-1.19	-1.09	-1.20	-1.19	-0.88
Filing Date Shares Outstanding	1,032	1,032	1,032	1,032	1,032	1,032
Total Common Shares Outstanding	1,032	1,032	1,032	1,032	1,032	1,032
Working Capital	-542.47	-424.04	-467.02	-628.01	-414.37	-433.24
Book Value Per Share	0.02	0.12	0.42	1.03	1.33	1.41
Tangible Book Value	-22.78	83.44	387.17	1,010	1,311	1,360
Tangible Book Value Per Share	-0.02	0.08	0.38	0.98	1.27	1.32
Buildings	-	210.88	210.88	210.88	227.47	-
Machinery	-	263.71	329.28	349.07	343.16	-
Construction In Progress	-	32.11	40.94	31.45	31.85	-

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