SHE:300425 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	137.04	254.31	98.03	233.64	330.62	339.85
Trading Asset Securities	-	-	0.54	-	-	-
Cash & Short-Term Investments	137.04	254.31	98.57	233.64	330.62	339.85
Cash Growth	32.26%	158.00%	-57.81%	-29.33%	-2.71%	-2.15%
Accounts Receivable	1,928	2,030	2,034	1,625	1,159	1,098
Other Receivables	17.92	42.27	16.39	18.18	19.93	20.76
Receivables	1,946	2,073	2,051	1,643	1,179	1,119
Inventory	283.95	285.83	307.64	312.16	346.79	288.66
Prepaid Expenses	-	-	-	-	6.17	2.46
Other Current Assets	106.54	62.08	48.93	46.31	54.88	35.52
Total Current Assets	2,473	2,675	2,506	2,235	1,917	1,785
Property, Plant & Equipment	508.1	543.2	601.82	609.77	509.55	469.32
Long-Term Investments	104.84	94.01	92.62	90.09	105.03	102.56
Goodwill	149.88	149.88	149.88	149.88	149.88	149.88
Other Intangible Assets	846.67	816.33	607.48	639.98	690.04	559.15
Long-Term Accounts Receivable	192.97	188.73	246.52	291.08	297.63	37.55
Long-Term Deferred Tax Assets	77.56	71.54	60.2	50.91	39.87	42.67
Long-Term Deferred Charges	115.79	133.21	40.28	53.62	60.2	92.09
Other Long-Term Assets	37.82	26.37	123.58	25.47	24.71	275.17
Total Assets	4,507	4,698	4,428	4,146	3,794	3,514
Accounts Payable	804.19	807.33	705.5	583.7	478.86	523.34
Accrued Expenses	19.77	76.83	106.61	122.6	106.51	106.93
Short-Term Debt	355	432	430.35	389.69	421	356
Current Portion of Long-Term Debt	128.89	123.41	83.52	40.98	65.39	104.96
Current Portion of Leases	-	14.2	23.77	23.67	8.13	-
Current Income Taxes Payable	21.32	11.74	17.19	12.23	8.82	8.62
Current Unearned Revenue	142.16	73.14	120.72	69.52	119.14	86.27
Other Current Liabilities	61.99	77.3	72.81	85.48	96.94	56.25
Total Current Liabilities	1,533	1,616	1,560	1,328	1,305	1,242
Long-Term Debt	221.72	318.23	270.21	339.43	213.91	163.08
Long-Term Leases	128.79	126.42	41.18	65.17	35.19	-
Long-Term Unearned Revenue	18.1	18.5	18.54	22.03	28.23	36.6
Long-Term Deferred Tax Liabilities	20.59	21.46	23.73	26.18	26.42	28.17
Other Long-Term Liabilities	50.51	46.49	42.13	36.49	25.88	36.58
Total Liabilities	1,973	2,147	1,956	1,817	1,634	1,507
Common Stock	682.22	682.22	675.71	675.71	675.71	675.71
Additional Paid-In Capital	509.7	509.7	498.59	492.53	486.62	486.62
Retained Earnings	1,137	1,157	1,103	974.11	819.65	678.09
Comprehensive Income & Other	21.37	21.14	20.08	22.59	21.06	19.02
Total Common Equity	2,351	2,371	2,297	2,165	2,003	1,859
Minority Interest	183.2	180.47	174.33	163.79	156.61	147.36
Shareholders' Equity	2,534	2,551	2,472	2,329	2,160	2,007
Total Liabilities & Equity	4,507	4,698	4,428	4,146	3,794	3,514
Total Debt	834.39	1,014	849.03	858.93	743.61	624.05
Net Cash (Debt)	-697.36	-759.95	-750.46	-625.29	-412.99	-284.2
Net Cash Per Share	-1.03	-1.12	-1.11	-0.93	-0.61	-0.42
Filing Date Shares Outstanding	682.22	682.22	675.71	675.71	675.71	675.71
Total Common Shares Outstanding	682.22	682.22	675.71	675.71	675.71	675.71
Working Capital	940.04	1,059	945.17	907.22	612.37	542.83
Book Value Per Share	3.45	3.47	3.40	3.20	2.96	2.75
Tangible Book Value	1,354	1,404	1,540	1,375	1,163	1,150
Tangible Book Value Per Share	1.99	2.06	2.28	2.03	1.72	1.70
Buildings	-	483.22	397.29	402.77	274.8	221.58
Machinery	-	362.66	371.28	391.33	309.9	273.97
Construction In Progress	-	7.19	148.3	94.85	160.68	175
Order Backlog	-	132.22	-	-	-	-

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