SHE:300424 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	211.41	250.56	365.23	309.26	242.81	476.99
Trading Asset Securities	-	-	-	-	0	-
Cash & Short-Term Investments	211.41	250.56	365.23	309.26	242.81	476.99
Cash Growth	-2.90%	-31.40%	18.10%	27.37%	-49.09%	5.13%
Accounts Receivable	728.99	667.94	711.01	686.43	641.13	560.54
Other Receivables	21.98	6.78	12.85	10.02	7.77	6.16
Receivables	750.97	674.72	723.86	727.54	648.9	566.7
Inventory	649.4	488.53	483.08	395.34	412.85	411.85
Prepaid Expenses	-	0.02	0.02	1.23	1.65	1.53
Other Current Assets	72.5	77.21	80.39	102.58	34.18	50.35
Total Current Assets	1,684	1,491	1,653	1,536	1,340	1,507
Property, Plant & Equipment	515.47	521.13	506.4	460.15	467.76	335.22
Long-Term Investments	55.8	54.93	41.33	63.79	69.74	82.61
Goodwill	40.8	36.84	38.47	36.33	35.34	39.28
Other Intangible Assets	141.08	140.77	158.06	176.8	155.25	141.73
Long-Term Deferred Tax Assets	94.51	84.18	66.31	51.28	45.16	43.2
Long-Term Deferred Charges	15.02	7.81	19.77	10.88	44.8	51.37
Other Long-Term Assets	17.45	19.66	7.85	15.32	14.16	25.09
Total Assets	2,564	2,356	2,491	2,378	2,195	2,249
Accounts Payable	365.41	323.48	345.79	307.21	311.28	274.28
Accrued Expenses	76.41	168.04	146.85	145.99	107.8	100.98
Short-Term Debt	243.96	269.19	365	413.78	329.14	361.31
Current Portion of Long-Term Debt	462.19	130.73	76.67	75.77	31.62	26.87
Current Portion of Leases	-	18.68	7.7	34.95	8.22	-
Current Income Taxes Payable	109.21	3.69	3.01	2.36	1.8	1.61
Current Unearned Revenue	99.3	82.16	116.01	177.51	134.29	152.31
Other Current Liabilities	24.52	33.15	34.2	35.66	31.92	30.58
Total Current Liabilities	1,381	1,029	1,095	1,193	956.06	947.93
Long-Term Debt	237.29	425.58	456.4	296.19	384.46	574.14
Long-Term Leases	111.32	114.22	130.35	109.78	98.52	0.87
Long-Term Unearned Revenue	10.17	6.52	6.3	8.72	7.71	9.57
Long-Term Deferred Tax Liabilities	0.51	0.95	0.85	1.06	-	-
Other Long-Term Liabilities	-	2.98	2.98	2.98	3.07	-
Total Liabilities	1,740	1,579	1,692	1,612	1,450	1,533
Common Stock	245.43	245.43	239.9	239.89	239.89	239.86
Additional Paid-In Capital	300.53	300.47	213.88	213.86	214.98	213.67
Retained Earnings	197.43	179.8	277.59	255.95	231.79	208.66
Comprehensive Income & Other	46.75	26.59	49.81	45.31	46.99	37.32
Total Common Equity	790.13	752.29	781.17	755.01	733.65	699.51
Minority Interest	33.98	24.68	17.5	10.74	11.39	17.29
Shareholders' Equity	824.11	776.97	798.67	765.75	745.04	716.79
Total Liabilities & Equity	2,564	2,356	2,491	2,378	2,195	2,249
Total Debt	1,055	958.41	1,036	930.47	851.96	963.18
Net Cash (Debt)	-843.35	-707.85	-670.88	-621.21	-609.15	-486.2
Net Cash Per Share	-3.44	-2.94	-2.80	-2.59	-2.54	-2.03
Filing Date Shares Outstanding	245.43	245.43	239.9	239.89	239.89	239.88
Total Common Shares Outstanding	245.43	245.43	239.9	239.89	239.89	239.86
Working Capital	303.28	461.92	557.37	342.72	384.32	559.48
Book Value Per Share	3.22	3.07	3.26	3.15	3.06	2.92
Tangible Book Value	608.25	574.69	584.64	541.88	543.06	518.49
Tangible Book Value Per Share	2.48	2.34	2.44	2.26	2.26	2.16
Buildings	-	225.46	224.71	205.81	205.81	205.81
Machinery	-	552.94	533	471.07	458.43	411.9
Construction In Progress	-	6.22	5.75	9.41	7.84	5.39

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