SHE:300322 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	386.73	353.96	454.54	627.63	606.4	922.71
Cash & Short-Term Investments	386.73	353.96	454.54	627.63	606.4	922.71
Cash Growth	21.48%	-22.13%	-27.58%	3.50%	-34.28%	388.05%
Accounts Receivable	1,231	963	759.1	646.79	727.5	760.65
Other Receivables	18.71	20.68	12.12	31.47	25.27	31.45
Receivables	1,250	983.68	771.22	678.26	752.77	792.1
Inventory	511.83	383.59	277.07	313.08	328.9	393.35
Prepaid Expenses	-	-	-	-	0.11	0.01
Other Current Assets	143.36	197.52	118.56	136.09	159.02	44.65
Total Current Assets	2,291	1,919	1,621	1,755	1,847	2,153
Property, Plant & Equipment	681.92	642.32	695.53	742.18	658.26	544.8
Long-Term Investments	187.63	180.04	200	236.29	182.85	81.13
Goodwill	18.97	18.97	40.82	50.43	50.92	50.92
Other Intangible Assets	206.02	192.07	195.32	54.57	54.99	50.22
Long-Term Deferred Tax Assets	68.66	65.42	76.27	68.78	36.86	26.09
Long-Term Deferred Charges	25.33	25.92	31.27	37.46	27.59	22.69
Other Long-Term Assets	3.11	20.71	22.93	49.4	39.25	22.87
Total Assets	3,483	3,064	2,884	2,994	2,898	2,952
Accounts Payable	735.86	523.38	451.63	518.7	517.17	757.47
Accrued Expenses	66.92	71.58	58.8	60.55	40.09	38.37
Short-Term Debt	1,140	960.62	813.03	538.35	582.31	581.06
Current Portion of Long-Term Debt	6.83	99.19	109.32	114.8	43.4	26
Current Portion of Leases	-	7.01	5.64	3.83	10.18	3.7
Current Income Taxes Payable	22.72	1.44	2.91	5.18	2.63	9.53
Current Unearned Revenue	7.03	8.06	8.67	5.3	4.86	2.31
Other Current Liabilities	81.39	147.34	56.18	113.06	35.07	53.05
Total Current Liabilities	2,061	1,819	1,506	1,360	1,236	1,471
Long-Term Debt	246.11	100.45	134.62	172.46	129.98	14.15
Long-Term Leases	5.59	9.23	14.9	17.87	15.31	-
Long-Term Unearned Revenue	94.54	104.9	125.91	137.57	81.22	65.53
Long-Term Deferred Tax Liabilities	-	-	8.24	8.54	4.7	2.35
Total Liabilities	2,407	2,033	1,790	1,696	1,467	1,554
Common Stock	460.04	465.75	465.75	465.75	465.75	465.75
Additional Paid-In Capital	545.72	610.05	610.85	613.67	612.83	618.06
Retained Earnings	-10.13	-60.83	3.62	198.19	295.5	256.95
Treasury Stock	-	-50.01	-50.01	-50.01	-	-
Comprehensive Income & Other	1.65	3.41	3.85	3.41	2.63	2.54
Total Common Equity	997.28	968.36	1,034	1,231	1,377	1,343
Minority Interest	78.34	62.64	59.64	66.92	54.29	54.72
Shareholders' Equity	1,076	1,031	1,094	1,298	1,431	1,398
Total Liabilities & Equity	3,483	3,064	2,884	2,994	2,898	2,952
Total Debt	1,399	1,176	1,078	847.32	781.18	624.9
Net Cash (Debt)	-1,012	-822.53	-622.97	-219.69	-174.78	297.81
Net Cash Per Share	-2.23	-1.79	-1.34	-0.48	-0.37	0.70
Filing Date Shares Outstanding	460.04	460.81	460.81	460.81	465.75	465.75
Total Common Shares Outstanding	460.04	460.81	460.81	460.81	465.75	465.75
Working Capital	230.23	100.11	115.22	395.27	611.5	681.32
Book Value Per Share	2.17	2.10	2.24	2.67	2.96	2.88
Tangible Book Value	772.28	757.32	797.92	1,126	1,271	1,242
Tangible Book Value Per Share	1.68	1.64	1.73	2.44	2.73	2.67
Buildings	-	353.66	408.13	381.77	279.8	146.31
Machinery	-	640.77	648.35	659.86	554.21	513.4
Construction In Progress	-	71.89	24.11	40.73	103.19	151.56

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