SHE:300405 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	50.55	54.1	162.14	213.29	194.47	190.77	Upgrade
Trading Asset Securities	-	-	-	-	-	32.07	Upgrade
Cash & Short-Term Investments	50.55	54.1	162.14	213.29	194.47	222.85	Upgrade
Cash Growth	-10.89%	-66.64%	-23.98%	9.68%	-12.73%	-25.78%	Upgrade
Accounts Receivable	337.19	387.4	412.96	490.41	593.3	582.13	Upgrade
Other Receivables	10.07	12.72	9.68	10.26	7.77	8.14	Upgrade
Receivables	350.1	402.97	423.49	502.25	606.95	592.72	Upgrade
Inventory	154.13	131.79	177.57	191.23	211.47	198.08	Upgrade
Other Current Assets	57.02	24.76	30.41	38.37	82.52	49.1	Upgrade
Total Current Assets	611.81	613.62	793.61	945.14	1,095	1,063	Upgrade
Property, Plant & Equipment	256.85	272.07	312.37	334.71	348.23	356.44	Upgrade
Long-Term Investments	14.11	14.13	13	-	-	0.87	Upgrade
Goodwill	-	-	-	-	24.78	0.2	Upgrade
Other Intangible Assets	65.67	67.47	69.65	76.08	91.56	84.49	Upgrade
Long-Term Deferred Tax Assets	76.7	78.47	73.74	80.26	47.51	37.68	Upgrade
Long-Term Deferred Charges	2	1.84	1.35	1.01	-	-	Upgrade
Other Long-Term Assets	7.09	2.69	3.25	40.01	33.79	1.55	Upgrade
Total Assets	1,034	1,050	1,267	1,477	1,641	1,544	Upgrade
Accounts Payable	97.61	79.99	118.63	182.56	206.52	154.92	Upgrade
Accrued Expenses	2.23	5.1	6.28	8.54	14.06	37.77	Upgrade
Short-Term Debt	412.79	449	561.35	560.15	534.05	510.73	Upgrade
Current Portion of Long-Term Debt	-	-	0.4	0.67	-	-	Upgrade
Current Portion of Leases	-	-	-	-	0.04	-	Upgrade
Current Income Taxes Payable	3.78	0.01	-	0.12	1.11	0.21	Upgrade
Current Unearned Revenue	9.48	4.77	7.2	12.58	10.05	9.77	Upgrade
Other Current Liabilities	29.92	31.07	31.04	35.32	54.79	40.63	Upgrade
Total Current Liabilities	555.81	569.93	724.91	799.94	820.61	754.04	Upgrade
Long-Term Debt	29.3	0.8	-	1.38	0.2	-	Upgrade
Long-Term Unearned Revenue	17.75	19.06	20.81	22.86	24.92	26.98	Upgrade
Long-Term Deferred Tax Liabilities	-	-	1.09	1.47	3.53	2.07	Upgrade
Other Long-Term Liabilities	-	-	-	-	1.89	-	Upgrade
Total Liabilities	602.86	589.79	746.8	825.65	851.15	783.08	Upgrade
Common Stock	284.37	284.37	284.37	289.21	222.47	222.47	Upgrade
Additional Paid-In Capital	333.2	333.2	333.54	359.7	426.44	426.44	Upgrade
Retained Earnings	-189.36	-160.24	-110.41	-10.18	115.25	103.32	Upgrade
Treasury Stock	-10.01	-10.01	-	-	-	-	Upgrade
Comprehensive Income & Other	0.39	0.45	0.48	0.56	2.16	2.41	Upgrade
Total Common Equity	418.59	447.77	507.98	639.29	766.32	754.65	Upgrade
Minority Interest	12.79	12.73	12.19	12.27	23.82	6.25	Upgrade
Shareholders' Equity	431.38	460.49	520.18	651.56	790.14	760.9	Upgrade
Total Liabilities & Equity	1,034	1,050	1,267	1,477	1,641	1,544	Upgrade
Total Debt	442.09	449.8	561.75	562.19	534.28	510.73	Upgrade
Net Cash (Debt)	-391.54	-395.7	-399.61	-348.91	-339.81	-287.88	Upgrade
Net Cash Per Share	-1.38	-1.39	-1.39	-1.21	-1.17	-1.00	Upgrade
Filing Date Shares Outstanding	282.44	282.44	284.37	289.21	289.21	289.21	Upgrade
Total Common Shares Outstanding	282.44	282.44	284.37	289.21	289.21	289.21	Upgrade
Working Capital	56	43.69	68.7	145.2	274.8	308.71	Upgrade
Book Value Per Share	1.48	1.59	1.79	2.21	2.65	2.61	Upgrade
Tangible Book Value	352.92	380.3	438.34	563.21	649.98	669.96	Upgrade
Tangible Book Value Per Share	1.25	1.35	1.54	1.95	2.25	2.32	Upgrade
Buildings	-	287.01	290.93	281.78	275.99	271.01	Upgrade
Machinery	-	358.54	349.48	347.95	349.2	325.39	Upgrade
Construction In Progress	-	16.01	27.37	23.93	4.8	5.32	Upgrade

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