SHE:300489 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	119.33	62.38	124.11	127.98	170.15	831.14
Cash & Short-Term Investments	119.33	62.38	124.11	127.98	170.15	831.14
Cash Growth	-27.61%	-49.74%	-3.02%	-24.78%	-79.53%	29144.90%
Accounts Receivable	331.02	189.04	254.08	255.65	304.1	198.83
Other Receivables	6.93	1.31	0.27	0.16	0.1	-0
Receivables	337.96	190.35	254.36	255.81	304.2	198.82
Inventory	1,305	1,232	676.64	554.2	368.77	111.18
Prepaid Expenses	-	0.67	0.42	0.21	0.7	-
Other Current Assets	98.58	110.34	81.98	153.38	138.49	256.23
Total Current Assets	1,861	1,596	1,137	1,092	982.3	1,397
Property, Plant & Equipment	2,275	2,251	1,974	1,666	1,365	457.03
Other Intangible Assets	75.14	64.69	54.69	55.37	44.77	44.77
Long-Term Deferred Tax Assets	79.69	99.68	112.1	54.47	6	1.7
Long-Term Deferred Charges	35.04	17.49	0.85	1.29	0.3	-
Other Long-Term Assets	29.86	40.12	58.22	71.13	110.19	241.87
Total Assets	4,355	4,069	3,337	2,940	2,509	2,143
Accounts Payable	926.17	724.32	474.51	235.21	170.46	48.06
Accrued Expenses	46.17	56.15	51.3	27.09	17.42	4.26
Short-Term Debt	502.09	286.12	255.35	254.41	42.09	42.09
Current Portion of Long-Term Debt	685.88	494.71	304.82	150.68	-	-
Current Portion of Leases	-	2.28	2.85	1.67	1.22	-
Current Income Taxes Payable	6.71	0.01	0.01	0	0	12.87
Current Unearned Revenue	73.66	117.66	8.43	6.8	12.3	9
Other Current Liabilities	45.1	32.44	762.86	470.09	525.89	568.18
Total Current Liabilities	2,286	1,714	1,860	1,146	769.39	684.46
Long-Term Debt	1,055	918.31	1,293	1,435	1,303	1,042
Long-Term Leases	1	457.45	48.18	3.5	3.66	-
Long-Term Unearned Revenue	51.31	56.99	55.25	40.32	35.55	37.99
Long-Term Deferred Tax Liabilities	14.67	15.12	16.29	17.16	0.08	0.09
Total Liabilities	3,408	3,162	3,273	2,642	2,112	1,765
Common Stock	137.67	137.67	137.67	136.13	136.13	136.13
Additional Paid-In Capital	744.61	718.49	178.83	173.26	157.63	142.72
Retained Earnings	-248.49	-239.49	-251.75	-10.72	103.31	99.08
Comprehensive Income & Other	-0.3	-0.36	-0.25	-0.16	0.21	-0.17
Total Common Equity	633.49	616.31	64.5	298.52	397.26	377.75
Minority Interest	313.79	291.36	-	-	-	-
Shareholders' Equity	947.28	907.68	64.5	298.52	397.26	377.75
Total Liabilities & Equity	4,355	4,069	3,337	2,940	2,509	2,143
Total Debt	2,244	2,159	1,904	1,845	1,350	1,085
Net Cash (Debt)	-2,125	-2,096	-1,780	-1,717	-1,180	-253.41
Net Cash Per Share	-15.42	-15.22	-13.00	-12.61	-8.66	-1.86
Filing Date Shares Outstanding	137.67	137.67	137.67	136.13	136.13	136.13
Total Common Shares Outstanding	137.67	137.67	137.67	136.13	136.13	136.13
Working Capital	-425.2	-117.61	-722.63	-54.38	212.91	712.91
Book Value Per Share	4.60	4.48	0.47	2.19	2.92	2.78
Tangible Book Value	558.35	551.62	9.82	243.14	352.5	332.98
Tangible Book Value Per Share	4.06	4.01	0.07	1.79	2.59	2.45
Buildings	-	-	471.04	470.19	460.18	175.29
Machinery	-	2,135	1,429	1,281	511.06	232.36
Construction In Progress	-	511.96	363.97	93.24	511.89	147.58

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