SHE:300409 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	2,431	2,689	4,203	1,538	1,005	393.25
Trading Asset Securities	213	650	-	-	-	23.55
Cash & Short-Term Investments	2,644	3,339	4,203	1,538	1,005	416.8
Cash Growth	-13.65%	-20.56%	173.19%	53.01%	141.22%	0.85%
Accounts Receivable	1,330	1,450	2,257	1,964	1,881	1,084
Other Receivables	320.59	75.61	95.13	70.74	98.88	33.14
Receivables	1,651	1,526	2,353	2,035	1,980	1,117
Inventory	2,601	2,597	1,835	2,146	1,740	925.39
Prepaid Expenses	-	2.72	4.88	-	-	-
Other Current Assets	471.87	452.19	365.32	651.88	264.3	136.38
Total Current Assets	7,368	7,917	8,761	6,371	4,990	2,596
Property, Plant & Equipment	4,770	4,848	4,404	3,803	1,741	1,225
Long-Term Investments	247.7	214.21	343.08	199.46	201.25	213.88
Goodwill	418.48	418.48	444.39	450.49	450.49	449.6
Other Intangible Assets	525.66	538.67	555.24	560.03	364.17	197.2
Long-Term Deferred Tax Assets	216.33	204.74	169.22	139.71	73.85	58.6
Long-Term Deferred Charges	17.76	22.55	7.23	5.34	4.37	4.49
Other Long-Term Assets	361.66	148.67	185.05	174.17	164.81	89.98
Total Assets	13,926	14,312	14,869	11,703	7,990	4,835
Accounts Payable	943.67	1,116	1,154	1,425	944.01	622.54
Accrued Expenses	250.68	129.06	130.09	128.49	192.49	78.99
Short-Term Debt	2,133	2,741	2,309	2,210	1,413	823.72
Current Portion of Long-Term Debt	348.78	317.68	253.48	231.98	122.03	130.9
Current Portion of Leases	-	3.08	4.19	6.48	8.13	-
Current Income Taxes Payable	-	109.57	91.95	47.9	56.23	6.45
Current Unearned Revenue	28.28	9.98	30.22	30.09	22.79	22.69
Other Current Liabilities	168.41	186.81	225.22	99.97	214.41	94.33
Total Current Liabilities	3,873	4,613	4,198	4,180	2,973	1,780
Long-Term Debt	1,335	2,154	3,379	976.59	247.93	424.55
Long-Term Leases	-	3.22	7.29	11.34	12.94	-
Long-Term Unearned Revenue	158.89	156.52	176.22	150.8	132.55	129.78
Long-Term Deferred Tax Liabilities	4.93	5.82	8.35	10.28	9.55	11.89
Total Liabilities	5,371	6,933	7,769	5,329	3,376	2,346
Common Stock	782.25	688.99	581.67	581.33	578.83	460.01
Additional Paid-In Capital	5,940	4,809	3,825	3,591	2,740	1,315
Retained Earnings	1,346	1,070	1,129	1,186	1,129	595.15
Treasury Stock	-109.36	-109.36	-	-	-	-
Comprehensive Income & Other	71.81	289.98	491.99	52.76	44.48	109.41
Total Common Equity	8,031	6,749	6,028	5,412	4,492	2,479
Minority Interest	523.81	630.5	1,072	962.41	122.13	9.99
Shareholders' Equity	8,555	7,379	7,100	6,374	4,614	2,489
Total Liabilities & Equity	13,926	14,312	14,869	11,703	7,990	4,835
Total Debt	3,816	5,219	5,953	3,437	1,804	1,379
Net Cash (Debt)	-1,172	-1,881	-1,750	-1,898	-798.42	-962.37
Net Cash Per Share	-1.67	-3.24	-3.14	-3.30	-1.45	-2.07
Filing Date Shares Outstanding	770.83	677.57	487.75	581.33	578.83	460.01
Total Common Shares Outstanding	770.83	677.57	487.75	581.33	578.83	460.01
Working Capital	3,495	3,304	4,563	2,191	2,017	816.38
Book Value Per Share	10.42	9.96	12.36	9.31	7.76	5.39
Tangible Book Value	7,087	5,792	5,028	4,401	3,677	1,832
Tangible Book Value Per Share	9.19	8.55	10.31	7.57	6.35	3.98
Buildings	-	2,625	2,031	1,698	814.64	721.47
Machinery	-	2,690	2,356	1,697	1,017	854.26
Construction In Progress	-	753.47	942.03	1,130	458.68	118.86

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