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

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