SHE:300374 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	597.4	375.99	273.59	162.21	164.56	227.65
Cash & Short-Term Investments	597.4	375.99	273.59	162.21	164.56	227.65
Cash Growth	45.92%	37.43%	68.67%	-1.43%	-27.71%	294.77%
Accounts Receivable	1,856	1,894	1,246	1,017	1,049	1,111
Other Receivables	28.93	20.81	30.85	21.91	22.01	36.71
Receivables	1,885	1,914	1,277	1,039	1,071	1,148
Inventory	152.48	82.54	71.84	56.69	73.15	78.56
Prepaid Expenses	-	2.37	2.01	0.55	2.35	0.69
Other Current Assets	112.86	72.73	76.13	65.19	70.55	67.4
Total Current Assets	2,748	2,448	1,701	1,323	1,382	1,522
Property, Plant & Equipment	899.43	943.91	1,215	1,296	1,370	1,100
Long-Term Investments	0.64	0.64	2.59	10.31	11.68	12.68
Other Intangible Assets	82.17	84.58	89.44	95.37	95.29	96.13
Long-Term Accounts Receivable	34.17	31.72	9.38	5.83	6.56	-
Long-Term Deferred Tax Assets	211.43	203.66	201.13	183.63	135.33	26.22
Other Long-Term Assets	319.77	317.53	56.27	43.45	116.83	468.66
Total Assets	4,296	4,030	3,274	2,958	3,118	3,226
Accounts Payable	1,762	1,381	824.02	712.72	584.65	428.98
Accrued Expenses	5.99	248.11	219.44	6.05	3.38	11.99
Short-Term Debt	1,343	1,238	1,136	1,181	1,190	715.74
Current Portion of Long-Term Debt	-	-	-	-	10	119.54
Current Portion of Leases	-	-	-	-	0.79	60.82
Current Income Taxes Payable	1.65	0.04	-	-	-	1.81
Current Unearned Revenue	203.81	64.57	37.76	11.19	10.63	9.05
Other Current Liabilities	109.21	199.82	139.77	59.98	70.07	19.83
Total Current Liabilities	3,426	3,132	2,357	1,971	1,870	1,368
Long-Term Debt	-	-	15.44	25.22	25	215
Long-Term Leases	-	-	-	-	11.79	64.81
Long-Term Unearned Revenue	15.2	18.23	23.04	28.31	33.58	42.86
Long-Term Deferred Tax Liabilities	-	-	0.62	0.43	0.51	0.58
Other Long-Term Liabilities	40.72	38.66	15.4	1.03	5.5	-
Total Liabilities	3,482	3,189	2,412	2,026	1,946	1,691
Common Stock	245.91	245.91	245.91	245.91	245.91	245.91
Additional Paid-In Capital	951.38	926.62	882.52	782.21	761.12	761.12
Retained Earnings	-373.91	-321.79	-258.07	-95.34	164.67	528.15
Comprehensive Income & Other	-9.38	-9.38	-7.72	-1.16	-	-
Total Common Equity	814.01	841.36	862.64	931.62	1,172	1,535
Minority Interest	-	-	-	-	-	-0
Shareholders' Equity	814.01	841.36	862.64	931.62	1,172	1,535
Total Liabilities & Equity	4,296	4,030	3,274	2,958	3,118	3,226
Total Debt	1,343	1,238	1,152	1,206	1,238	1,176
Net Cash (Debt)	-745.15	-861.97	-878	-1,044	-1,073	-948.26
Net Cash Per Share	-3.04	-3.52	-3.56	-4.25	-4.37	-4.04
Filing Date Shares Outstanding	245.91	245.91	245.91	245.91	245.91	245.91
Total Common Shares Outstanding	245.91	245.91	245.91	245.91	245.91	245.91
Working Capital	-677.68	-683.8	-656.57	-647.91	-487.62	154.4
Book Value Per Share	3.31	3.42	3.51	3.79	4.76	6.24
Tangible Book Value	731.85	756.78	773.19	836.25	1,076	1,439
Tangible Book Value Per Share	2.98	3.08	3.14	3.40	4.38	5.85
Buildings	-	1,076	1,316	1,336	1,259	902.89
Machinery	-	278.72	279.65	276.07	318.76	317.64
Construction In Progress	-	12.67	11.88	9.56	18.27	16.18

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