SHE:300311 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	176.23	261.5	195.04	230.9	197.52	374.1
Trading Asset Securities	162.65	110.5	40.03	44.95	72.92	73.3
Cash & Short-Term Investments	338.88	372	235.07	275.85	270.44	447.41
Cash Growth	60.95%	58.25%	-14.78%	2.00%	-39.55%	38.72%
Accounts Receivable	156.84	240.41	325.94	386.07	350.27	392.93
Other Receivables	11.69	13.21	16.09	36.05	47.03	14.06
Receivables	168.53	253.62	342.03	422.12	397.3	406.99
Inventory	95.96	100.54	143.86	217.64	333.39	171.53
Other Current Assets	63.96	46.12	77.31	90.25	75.69	47.62
Total Current Assets	667.33	772.28	798.27	1,006	1,077	1,074
Property, Plant & Equipment	222.06	199.31	193.42	186.81	171.75	176.39
Long-Term Investments	181.65	191.34	190.11	206.5	209.22	196.84
Goodwill	-	-	-	-	-	42.7
Other Intangible Assets	54.1	53.08	57.42	61.75	66	14.91
Long-Term Accounts Receivable	6.94	9.02	4.05	6.21	4.9	4.12
Long-Term Deferred Tax Assets	22.82	22.82	22.83	22.8	27.63	28.58
Long-Term Deferred Charges	1.93	2.79	3.19	0.27	0.07	1.99
Other Long-Term Assets	57.97	71.17	74.35	76.19	78.03	136.16
Total Assets	1,215	1,322	1,344	1,566	1,634	1,675
Accounts Payable	164.62	201.94	213.23	287.05	298.92	295.72
Accrued Expenses	18.96	55.7	83.9	69.72	67.92	91.97
Short-Term Debt	35	43	19.51	54.8	5	75
Current Portion of Leases	0.89	2.86	3.14	3.86	1.52	-
Current Income Taxes Payable	28.06	24.63	24.63	26.58	23.56	24.01
Current Unearned Revenue	239.5	194.11	160.46	147.08	255.1	142.69
Other Current Liabilities	6	9.37	21.01	29.98	38.08	33.71
Total Current Liabilities	493.03	531.62	525.87	619.08	690.1	663.1
Long-Term Leases	-	0.45	3.51	2.49	3.95	-
Long-Term Unearned Revenue	76.06	79.57	72.37	65.35	49.02	44.39
Long-Term Deferred Tax Liabilities	8.02	8.02	5.05	0.02	0.14	0.05
Other Long-Term Liabilities	0.02	-	-	20	20	-
Total Liabilities	577.13	619.66	606.8	706.94	763.21	707.55
Common Stock	673.63	673.63	673.63	673.63	673.63	673.63
Additional Paid-In Capital	149.12	146.8	161.05	157.22	157.22	157.22
Retained Earnings	-252.47	-175.48	-135.85	-11.83	-11.65	78.56
Comprehensive Income & Other	20.94	8.46	10.04	-	-	-6.36
Total Common Equity	591.22	653.41	708.87	819.02	819.2	903.05
Minority Interest	46.45	48.74	27.97	40.43	52.01	64.64
Shareholders' Equity	637.67	702.15	736.84	859.45	871.21	967.69
Total Liabilities & Equity	1,215	1,322	1,344	1,566	1,634	1,675
Total Debt	35.89	46.31	26.16	61.15	10.47	75
Net Cash (Debt)	302.99	325.69	208.91	214.7	259.97	372.41
Net Cash Growth	84.81%	55.90%	-2.70%	-17.42%	-30.19%	47.47%
Net Cash Per Share	0.45	0.48	0.31	0.32	0.39	0.55
Filing Date Shares Outstanding	673.63	673.63	673.63	673.63	673.63	673.63
Total Common Shares Outstanding	673.63	673.63	673.63	673.63	673.63	673.63
Working Capital	174.3	240.66	272.4	386.78	386.71	410.45
Book Value Per Share	0.88	0.97	1.05	1.22	1.22	1.34
Tangible Book Value	537.12	600.33	651.45	757.27	753.2	845.44
Tangible Book Value Per Share	0.80	0.89	0.97	1.12	1.12	1.26
Buildings	-	119.43	131.29	131.29	131.29	137.27
Machinery	-	81.12	80	83.49	75.41	89.04
Construction In Progress	-	76.28	54.48	41.26	25.96	16.29

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