SHE:300472 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	10.65	13.42	79.48	55.14	59.51	24.7
Cash & Short-Term Investments	10.65	13.42	79.48	55.14	59.51	24.7
Cash Growth	-2.13%	-83.12%	44.14%	-7.34%	140.90%	-52.56%
Accounts Receivable	259.53	248.7	393.6	650.39	720.26	546.07
Other Receivables	29.81	25.02	41.78	81.44	77.71	18.16
Receivables	289.34	273.72	435.38	731.83	797.97	564.24
Inventory	176.57	181.49	208.17	160.13	133.96	204.56
Other Current Assets	37	40.29	32.73	51.74	67.24	25.53
Total Current Assets	513.57	508.92	755.76	998.84	1,059	819.03
Property, Plant & Equipment	315.19	346.44	393.12	448.19	414.43	220.82
Long-Term Investments	2	2	8.13	8.66	15.99	14.51
Goodwill	-	-	1.12	1.12	1.12	260.69
Other Intangible Assets	40.16	42.2	33.52	54.66	65.57	77.57
Long-Term Deferred Tax Assets	6.3	6.3	65.21	60.22	42.86	28.63
Long-Term Deferred Charges	0.88	0.94	1.89	2.62	2.95	0.32
Other Long-Term Assets	104.71	106.05	164.06	172.09	70.26	6.07
Total Assets	982.81	1,013	1,423	1,746	1,672	1,428
Accounts Payable	254.62	255.9	278.44	328.06	222.7	160.32
Accrued Expenses	42.88	59.66	56.24	40.02	37.99	31.33
Short-Term Debt	121.1	120.98	118.97	118.12	143.37	294.33
Current Portion of Long-Term Debt	93.71	67.66	26.49	7.5	-	-
Current Portion of Leases	-	31.88	25.25	5.57	5.49	-
Current Income Taxes Payable	25.85	-	0.45	10.2	9.19	2.18
Current Unearned Revenue	105.73	103.29	108.07	70.98	127.89	40.29
Other Current Liabilities	278.1	223.4	161.94	102.16	126.28	142.69
Total Current Liabilities	921.99	862.76	775.84	682.61	672.92	671.13
Long-Term Debt	14.16	15	58.47	92.5	-	-
Long-Term Leases	0.06	81.14	107.68	12.75	18.92	-
Long-Term Unearned Revenue	31.87	32.11	32.43	44.63	45.43	28.23
Long-Term Deferred Tax Liabilities	-	-	0	0.19	0.44	2.27
Other Long-Term Liabilities	95.3	18.7	4.74	117.69	45.51	1.54
Total Liabilities	1,063	1,010	979.16	950.37	783.22	703.18
Common Stock	275.26	275.26	275.26	266.53	266.57	206.99
Additional Paid-In Capital	1,070	1,070	1,076	1,029	1,034	633.67
Retained Earnings	-1,339	-1,257	-815.95	-473.63	-397.86	-121.95
Treasury Stock	-59.23	-59.23	-59.23	-10.02	-20.27	-21.84
Comprehensive Income & Other	-1.47	-1.47	0.02	1.08	1.38	-
Total Common Equity	-55.02	26.7	476.05	813.09	883.36	696.87
Minority Interest	-25.55	-23.56	-32.39	-17.06	5.28	27.59
Shareholders' Equity	-80.58	3.14	443.66	796.03	888.64	724.46
Total Liabilities & Equity	982.81	1,013	1,423	1,746	1,672	1,428
Total Debt	229.03	316.65	336.86	236.44	167.78	294.33
Net Cash (Debt)	-218.37	-303.23	-257.38	-181.3	-108.28	-269.63
Net Cash Per Share	-0.80	-1.10	-0.94	-0.67	-0.43	-1.32
Filing Date Shares Outstanding	275.26	275.26	275.26	266.53	266.57	206.99
Total Common Shares Outstanding	275.26	275.26	275.26	266.53	266.57	206.99
Working Capital	-408.42	-353.84	-20.09	316.22	385.76	147.89
Book Value Per Share	-0.20	0.10	1.73	3.05	3.31	3.37
Tangible Book Value	-95.18	-15.5	441.41	757.31	816.68	358.61
Tangible Book Value Per Share	-0.35	-0.06	1.60	2.84	3.06	1.73
Buildings	-	176.19	165.83	175.97	144.39	155.45
Machinery	-	242.86	129.02	80.09	79	73.09
Construction In Progress	-	3.58	160.52	252.88	235.68	50.67

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