SHE:300385 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	186.41	225.7	267.96	268.8	269.79	260.92
Short-Term Investments	-	-	-	-	20	100
Trading Asset Securities	-	54.73	77.04	68	56	65
Cash & Short-Term Investments	186.41	280.42	345	336.8	345.79	425.92
Cash Growth	-29.99%	-18.72%	2.44%	-2.60%	-18.81%	25.13%
Accounts Receivable	699.77	1,029	1,280	1,159	1,049	942.53
Other Receivables	16.09	19.29	24.26	17.43	8.58	19.88
Receivables	715.86	1,048	1,305	1,176	1,057	962.41
Inventory	487.17	472.71	370.97	413.07	846.16	954.11
Other Current Assets	50.21	41.07	74.53	66.99	57.91	121.72
Total Current Assets	1,440	1,842	2,095	1,993	2,307	2,464
Property, Plant & Equipment	438.39	475.61	571.02	606.85	619.66	672.58
Long-Term Investments	9.61	9.17	9.3	9.17	23.77	22.41
Goodwill	202.81	202.81	382.7	382.7	486.56	486.56
Other Intangible Assets	118.98	122.23	129.33	134.77	139.15	145.5
Long-Term Deferred Tax Assets	71.18	70.42	63.2	43.87	32.08	31.9
Long-Term Deferred Charges	5.02	8.06	13.73	14.84	16.23	10.35
Other Long-Term Assets	4.43	4.43	4.58	-	-	4.18
Total Assets	2,290	2,735	3,269	3,185	3,625	3,838
Accounts Payable	574.59	845.47	893.87	826.33	944.6	918.85
Accrued Expenses	14.03	40.47	81.48	64.27	45.09	36.31
Short-Term Debt	525.61	373.8	288.23	222.28	324.6	484
Current Portion of Long-Term Debt	312.01	436.98	254.61	48.1	10.1	45
Current Income Taxes Payable	3.12	1.48	2.78	6.64	1.47	1.39
Current Unearned Revenue	315.86	294.4	221.26	106.09	504.59	608.34
Other Current Liabilities	64.86	65.79	168.47	274.83	84	32.61
Total Current Liabilities	1,810	2,058	1,911	1,549	1,914	2,126
Long-Term Debt	249.48	281.98	527.57	644.68	446.76	282.08
Long-Term Unearned Revenue	6.95	8.04	9.5	10.95	12.65	14.44
Long-Term Deferred Tax Liabilities	0.18	0.19	0.21	0.2	0.2	0.21
Other Long-Term Liabilities	76.17	77.48	37.61	144.3	109.45	411.97
Total Liabilities	2,143	2,426	2,486	2,349	2,484	2,835
Common Stock	333.15	333.15	333.15	333.15	333.15	333.15
Additional Paid-In Capital	284.37	284.37	284.37	284.37	387.62	387.62
Retained Earnings	-522.7	-365.02	99.31	146.09	262.68	140.83
Comprehensive Income & Other	-12.41	-12.41	-12.41	-12.41	-	-
Total Common Equity	82.41	240.09	704.42	751.2	983.45	861.6
Minority Interest	64.8	68.59	79.11	85.59	157.54	140.84
Shareholders' Equity	147.21	308.68	783.54	836.79	1,141	1,002
Total Liabilities & Equity	2,290	2,735	3,269	3,185	3,625	3,838
Total Debt	1,087	1,093	1,070	915.06	781.45	811.08
Net Cash (Debt)	-900.7	-812.33	-725.4	-578.26	-435.67	-385.16
Net Cash Per Share	-2.70	-2.44	-2.18	-1.74	-1.31	-1.16
Filing Date Shares Outstanding	333.15	333.15	333.15	333.15	333.15	333.15
Total Common Shares Outstanding	333.15	333.15	333.15	333.15	333.15	333.15
Working Capital	-370.43	-216.35	184.55	444.7	392.6	337.66
Book Value Per Share	0.25	0.72	2.11	2.25	2.95	2.59
Tangible Book Value	-239.38	-84.95	192.39	233.73	357.74	229.55
Tangible Book Value Per Share	-0.72	-0.25	0.58	0.70	1.07	0.69
Buildings	-	534.65	550.57	550.57	550.57	559.08
Machinery	-	303.84	303.78	301.19	298.11	302.26
Construction In Progress	-	1.44	25.87	8.44	1.35	6.72

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