SHE:300255 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	247.91	236.44	230.92	797.8	543.21	481.02
Cash & Short-Term Investments	247.91	236.44	230.92	797.8	543.21	481.02
Cash Growth	-21.10%	2.39%	-71.06%	46.87%	12.93%	-14.61%
Accounts Receivable	311.9	265.74	238.08	452.99	317.09	427.22
Other Receivables	23.01	42.55	80.43	43.03	39.24	43.75
Receivables	334.91	308.29	318.52	496.02	356.33	470.97
Inventory	1,342	1,386	1,644	2,431	2,285	1,887
Prepaid Expenses	-	-	-	0.02	0.29	0.79
Other Current Assets	152.66	71.93	82.14	172.24	223.68	159.64
Total Current Assets	2,077	2,002	2,276	3,898	3,408	2,999
Property, Plant & Equipment	1,763	1,713	1,591	1,483	1,193	1,064
Long-Term Investments	-	7.5	-	1.46	5.8	18.18
Goodwill	-	-	-	1.78	3.56	3.56
Other Intangible Assets	304.28	308.13	320.55	263.82	274.06	251.6
Long-Term Deferred Tax Assets	18.24	21.89	20.97	11.78	14	19.88
Long-Term Deferred Charges	463.96	432.58	361.03	286.26	219.84	150.17
Other Long-Term Assets	30.46	36.82	26.65	89.82	71.56	65.61
Total Assets	4,658	4,523	4,596	6,036	5,190	4,573
Accounts Payable	471.37	307.47	263.38	249.81	106.49	82.35
Accrued Expenses	25.91	28.17	37.46	54.25	36.57	67.48
Short-Term Debt	1,313	887.55	967.22	1,010	1,272	1,044
Current Portion of Long-Term Debt	537.96	873.18	586.14	351.6	134.22	6.01
Current Portion of Leases	-	56.88	0.39	-	-	-
Current Income Taxes Payable	3.53	2.36	1.14	3.45	23.62	34.38
Current Unearned Revenue	7.22	14.53	20.8	47.45	65.86	60.97
Other Current Liabilities	25.02	32.65	44.4	71.65	95.31	117.04
Total Current Liabilities	2,384	2,203	1,921	1,788	1,734	1,412
Long-Term Debt	655.86	659.47	811.76	1,129	332.47	281.41
Long-Term Leases	80.21	64.44	1.26	-	-	-
Long-Term Unearned Revenue	58.29	60.01	62.48	64.8	51.02	25.37
Long-Term Deferred Tax Liabilities	0.27	0.31	0.35	0.19	0.2	0.48
Total Liabilities	3,179	2,987	2,797	2,982	2,118	1,719
Common Stock	919.06	919.06	919.06	934.97	934.97	934.97
Additional Paid-In Capital	422.74	422.74	422.74	526.84	526.84	526.84
Retained Earnings	175.7	220.52	469.99	1,794	1,800	1,567
Treasury Stock	-	-	-	-120.01	-120.01	-120.01
Comprehensive Income & Other	-0.31	-0.05	-0.13	-77.86	-73.5	-61.13
Total Common Equity	1,517	1,562	1,812	3,058	3,069	2,848
Minority Interest	-38.69	-26.52	-11.97	-4.02	3.34	5.65
Shareholders' Equity	1,479	1,536	1,800	3,054	3,072	2,853
Total Liabilities & Equity	4,658	4,523	4,596	6,036	5,190	4,573
Total Debt	2,587	2,542	2,367	2,490	1,739	1,331
Net Cash (Debt)	-2,340	-2,305	-2,136	-1,692	-1,195	-850.24
Net Cash Per Share	-2.23	-2.49	-2.32	-1.93	-1.28	-0.91
Filing Date Shares Outstanding	919.06	919.06	919.06	919.06	919.06	919.06
Total Common Shares Outstanding	919.06	919.06	919.06	919.06	919.06	919.06
Working Capital	-307.14	-200.38	354.94	2,110	1,674	1,587
Book Value Per Share	1.65	1.70	1.97	3.33	3.34	3.10
Tangible Book Value	1,213	1,254	1,491	2,792	2,791	2,592
Tangible Book Value Per Share	1.32	1.36	1.62	3.04	3.04	2.82
Buildings	-	932.88	915.66	808.9	701.24	691.37
Machinery	-	538.71	545.8	389.26	339.53	335.51
Construction In Progress	-	708.97	547.74	642.27	462.72	311.26

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