SHE:300401 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	1,241	1,284	1,503	554.91	502.09	1,161
Trading Asset Securities	300.98	140.25	-	-	0.4	200
Cash & Short-Term Investments	1,542	1,425	1,503	554.91	502.49	1,361
Cash Growth	8.02%	-5.20%	170.83%	10.43%	-63.08%	124.67%
Accounts Receivable	235.66	157.74	92.78	169.66	90.46	74.41
Other Receivables	4.07	0.73	0.8	1.21	0.41	1.55
Receivables	239.73	158.47	93.57	170.87	90.87	75.96
Inventory	744.1	838.23	780.04	545.87	429.94	319.9
Other Current Assets	37.23	47.99	85.56	115.37	88.07	39.28
Total Current Assets	2,563	2,469	2,462	1,387	1,111	1,796
Property, Plant & Equipment	2,971	2,787	2,455	2,432	2,119	1,418
Other Intangible Assets	216.17	182.73	172.23	165.77	165.87	180.17
Long-Term Accounts Receivable	-	0.03	-	-	-	-
Long-Term Deferred Tax Assets	31.91	36.27	40.41	19.76	11.51	21.87
Long-Term Deferred Charges	53.96	26.52	24.52	25.46	16.61	7.44
Other Long-Term Assets	77.56	110.86	106.01	101.97	105.67	146.19
Total Assets	5,913	5,613	5,261	4,132	3,530	3,570
Accounts Payable	336.04	340.54	327.87	443.02	329.59	158.64
Accrued Expenses	28.49	63.14	50.42	60.83	47.21	36.23
Short-Term Debt	594.27	462.79	408.68	532.39	414.37	240.36
Current Portion of Long-Term Debt	-	198.16	254.51	-	-	-
Current Portion of Leases	-	0.1	-	-	0.2	-
Current Income Taxes Payable	32.22	23.41	16.56	18.5	15.32	10.99
Current Unearned Revenue	11.13	21.26	19.55	55.03	34.87	9.45
Other Current Liabilities	242.83	165.27	186.08	199.29	56.78	122.99
Total Current Liabilities	1,245	1,275	1,264	1,309	898.34	578.65
Long-Term Debt	1,183	1,054	923.27	-	-	-
Long-Term Unearned Revenue	28.52	30.33	42.52	63.6	68.86	112.15
Long-Term Deferred Tax Liabilities	38.53	34.99	44.66	0.37	0.06	-
Other Long-Term Liabilities	-	-	93.33	186.66	279.99	-
Total Liabilities	2,495	2,394	2,367	1,560	1,247	690.8
Common Stock	543.47	543.47	551.01	551.01	551.01	551.01
Additional Paid-In Capital	-	-	-	-	2	1,031
Retained Earnings	2,669	2,497	2,226	2,111	1,830	1,403
Treasury Stock	-	-26.86	-140.42	-53.72	-100	-100
Comprehensive Income & Other	205.5	204.58	256.07	-36.37	-	-
Total Common Equity	3,418	3,218	2,893	2,572	2,283	2,885
Minority Interest	-0.01	-0	-	-	-	-6.23
Shareholders' Equity	3,418	3,218	2,893	2,572	2,283	2,879
Total Liabilities & Equity	5,913	5,613	5,261	4,132	3,530	3,570
Total Debt	1,777	1,715	1,586	532.39	414.57	240.36
Net Cash (Debt)	-235.74	-290.6	-83.59	22.52	87.93	1,121
Net Cash Growth	-	-	-	-74.39%	-92.15%	219.47%
Net Cash Per Share	-0.41	-0.49	-0.14	0.04	0.16	2.21
Filing Date Shares Outstanding	543.47	534.68	542.23	559.82	543.33	543.33
Total Common Shares Outstanding	543.47	534.68	542.23	559.82	543.33	543.33
Working Capital	1,318	1,195	1,198	77.97	213.04	1,217
Book Value Per Share	6.29	6.02	5.34	4.59	4.20	5.31
Tangible Book Value	3,202	3,036	2,721	2,406	2,117	2,705
Tangible Book Value Per Share	5.89	5.68	5.02	4.30	3.90	4.98
Buildings	-	1,473	1,377	1,180	490.73	377.95
Machinery	-	1,149	938.79	844.74	360.6	327.79
Construction In Progress	-	661.13	504.59	672.13	1,479	991.11

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