SHE:300254 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	128.98	149.52	132	263.95	107.26	188.44
Cash & Short-Term Investments	128.98	149.52	132	263.95	107.26	188.44
Cash Growth	-26.92%	13.27%	-49.99%	146.09%	-43.08%	24.50%
Accounts Receivable	200.83	176.7	119.5	107.67	132.18	201.19
Other Receivables	20.42	17.62	13.58	8.44	10.58	34.39
Receivables	221.25	194.32	133.09	116.11	142.76	235.58
Inventory	135.89	132.79	120.83	103.26	108.38	122.44
Prepaid Expenses	-	2.49	2.49	-	-	-
Other Current Assets	31.83	21.75	18.14	24.72	17.49	32.45
Total Current Assets	517.95	500.87	406.55	508.03	375.89	578.91
Property, Plant & Equipment	302.29	306.56	297.52	356.42	386.14	398.68
Long-Term Investments	102.49	101.19	101.72	86.03	90.92	82.83
Goodwill	311.99	311.99	316.25	320.35	339.93	359.53
Other Intangible Assets	174.05	188.05	194.13	204.22	220.55	255.01
Long-Term Deferred Tax Assets	22.29	27.62	20.17	10.92	12.11	30.09
Long-Term Deferred Charges	34.46	24.05	19.16	19.88	15.67	5.09
Other Long-Term Assets	84.24	87.41	77.56	78.57	85.6	90.38
Total Assets	1,550	1,548	1,433	1,584	1,527	1,801
Accounts Payable	74.18	52.62	36.79	40.89	47.35	68.22
Accrued Expenses	12.87	44.46	50.68	54.27	57.01	58.76
Short-Term Debt	132.92	127.94	67.43	57.67	91.03	100.53
Current Portion of Long-Term Debt	174.63	-	-	33.84	93.73	98.86
Current Portion of Leases	-	-	-	1.9	5.85	-
Current Income Taxes Payable	23.94	9.51	1.97	4.65	3.58	-
Current Unearned Revenue	30.79	25.66	22.95	38.23	22.95	30.36
Other Current Liabilities	116.13	310.6	242.54	368.23	78.53	133.17
Total Current Liabilities	565.45	570.81	422.37	599.68	400.03	489.9
Long-Term Debt	194.5	153.3	139.9	174.52	33.04	106.56
Long-Term Leases	24.23	30.32	18.89	20.99	5.94	-
Long-Term Unearned Revenue	16.53	17.43	15.32	15.38	16.16	10.67
Long-Term Deferred Tax Liabilities	43.1	44.44	47.49	40.53	40.99	66.67
Other Long-Term Liabilities	128.87	133.24	10.68	3.61	286.07	254.11
Total Liabilities	972.67	949.55	654.64	854.7	782.23	927.91
Common Stock	256.17	248.32	241.62	241.62	227.97	227.97
Additional Paid-In Capital	301.89	349.58	623.91	623.91	533.47	539.72
Retained Earnings	-200.88	-223.21	-265.4	-290.59	-172.03	-80.6
Treasury Stock	-62.97	-31.69	-	-	-	-
Total Common Equity	294.21	343	600.13	574.94	589.41	687.1
Minority Interest	282.88	255.18	178.3	154.77	155.17	185.51
Shareholders' Equity	577.09	598.18	778.43	729.71	744.58	872.61
Total Liabilities & Equity	1,550	1,548	1,433	1,584	1,527	1,801
Total Debt	526.27	311.56	226.22	288.92	229.59	305.95
Net Cash (Debt)	-397.3	-162.05	-94.21	-24.97	-122.33	-117.51
Net Cash Per Share	-1.63	-0.67	-0.39	-0.11	-0.54	-0.55
Filing Date Shares Outstanding	256.17	248.32	241.62	241.62	227.97	227.97
Total Common Shares Outstanding	256.17	248.32	241.62	241.62	227.97	227.97
Working Capital	-47.5	-69.94	-15.82	-91.65	-24.14	89.01
Book Value Per Share	1.15	1.38	2.48	2.38	2.59	3.01
Tangible Book Value	-191.83	-157.04	89.75	50.36	28.93	72.56
Tangible Book Value Per Share	-0.75	-0.63	0.37	0.21	0.13	0.32
Buildings	-	210.74	217.38	230.56	231.09	232.29
Machinery	-	359	347.77	384.06	357.17	333.13
Construction In Progress	-	15.28	6.64	44.6	73.93	86.27

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