SHE:300478 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	12.28	8.37	4.44	16.84	23.24	1	Upgrade
Cash & Short-Term Investments	12.28	8.37	4.44	16.84	23.24	1	Upgrade
Cash Growth	99.65%	88.54%	-73.63%	-27.54%	2234.57%	-99.12%	Upgrade
Accounts Receivable	151.89	143.4	151.74	116.03	158.75	121.89	Upgrade
Other Receivables	0.59	0.37	3.86	4.27	11	24.17	Upgrade
Receivables	152.48	143.76	155.59	120.3	169.76	146.06	Upgrade
Inventory	51.1	26.38	19.96	24.12	19.66	29.03	Upgrade
Other Current Assets	16.15	5.82	1.78	4.86	0.92	4.04	Upgrade
Total Current Assets	232.02	184.34	181.77	166.12	213.59	180.12	Upgrade
Property, Plant & Equipment	136.86	121.38	135.22	140.64	165.38	189.49	Upgrade
Other Intangible Assets	22.99	23.43	24.02	24.64	30.32	31.13	Upgrade
Other Long-Term Assets	-	-	0.23	2.48	2.1	2.13	Upgrade
Total Assets	391.87	329.15	341.24	333.87	411.39	402.87	Upgrade
Accounts Payable	28.88	24.13	27.95	19.45	31.58	31.27	Upgrade
Accrued Expenses	2.71	4.11	4.21	8.85	7.8	6.17	Upgrade
Short-Term Debt	281.7	230.27	215.24	222.94	207.23	205.37	Upgrade
Current Income Taxes Payable	0.93	-	-	0	0	-	Upgrade
Current Unearned Revenue	0.26	0.49	0.05	0.08	0.1	1.1	Upgrade
Other Current Liabilities	7.46	1.45	1.52	13.93	20.51	0.87	Upgrade
Total Current Liabilities	321.95	260.45	248.97	265.25	267.22	244.78	Upgrade
Long-Term Unearned Revenue	0.77	0.77	-	-	-	-	Upgrade
Other Long-Term Liabilities	-	-	-	-	61.12	93.78	Upgrade
Total Liabilities	328	261.21	248.97	265.25	328.34	338.56	Upgrade
Common Stock	126.67	126.67	126.67	126.67	128.75	126.67	Upgrade
Additional Paid-In Capital	188.92	188.92	188.92	188.92	190	180.14	Upgrade
Retained Earnings	-264.23	-247.65	-223.32	-246.97	-225.31	-240.13	Upgrade
Treasury Stock	-	-	-	-	-10.38	-	Upgrade
Total Common Equity	51.36	67.94	92.27	68.62	83.06	66.69	Upgrade
Minority Interest	12.51	-	-	-	-	-2.38	Upgrade
Shareholders' Equity	63.87	67.94	92.27	68.62	83.06	64.31	Upgrade
Total Liabilities & Equity	391.87	329.15	341.24	333.87	411.39	402.87	Upgrade
Total Debt	286.99	230.27	215.24	222.94	207.23	205.37	Upgrade
Net Cash (Debt)	-274.71	-221.9	-210.8	-206.1	-183.98	-204.37	Upgrade
Net Cash Per Share	-2.17	-1.75	-1.66	-1.63	-1.49	-1.62	Upgrade
Filing Date Shares Outstanding	126.67	126.67	126.67	126.67	128.75	126.67	Upgrade
Total Common Shares Outstanding	126.67	126.67	126.67	126.67	128.75	126.67	Upgrade
Working Capital	-89.93	-76.1	-67.2	-99.13	-53.63	-64.65	Upgrade
Book Value Per Share	0.41	0.54	0.73	0.54	0.65	0.53	Upgrade
Tangible Book Value	28.38	44.51	68.25	43.99	52.74	35.55	Upgrade
Tangible Book Value Per Share	0.22	0.35	0.54	0.35	0.41	0.28	Upgrade
Buildings	-	122.46	122.29	119.99	140	139.82	Upgrade
Machinery	-	99.26	105.86	94.94	98.01	118.16	Upgrade
Construction In Progress	-	0.41	0.1	5.55	4.23	1.92	Upgrade

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