SHE:300505 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	706.16	736.43	771.9	285.2	260	403.55
Trading Asset Securities	-	-	30.1	-	-	-
Cash & Short-Term Investments	706.16	736.43	801.99	285.2	260	403.55
Cash Growth	0.95%	-8.18%	181.20%	9.69%	-35.57%	49.52%
Accounts Receivable	347.27	332.08	374.81	122.72	97.9	38.95
Other Receivables	18.81	20.59	35.18	12.75	2.25	1.09
Receivables	366.08	352.67	409.99	135.47	100.16	40.03
Inventory	765.8	678.19	468.36	851.82	396.73	189.38
Other Current Assets	123.19	45.63	81.83	73.71	97.33	90.06
Total Current Assets	1,961	1,813	1,762	1,346	854.21	723.03
Property, Plant & Equipment	1,539	1,577	1,552	1,495	1,342	1,065
Other Intangible Assets	188.01	166.58	169.11	153.07	91.85	93.94
Long-Term Deferred Tax Assets	0.87	0.84	23.23	0.66	0.48	0.34
Other Long-Term Assets	145.96	51.96	47.4	61.39	57.12	56.48
Total Assets	3,836	3,609	3,554	3,057	2,345	1,938
Accounts Payable	187.13	196.75	191.8	314.09	260.14	247.27
Accrued Expenses	20.15	35.04	30.36	32.98	23.18	11.46
Short-Term Debt	423.28	341.14	443.67	328.38	98.28	40.46
Current Portion of Long-Term Debt	113.17	227.71	74.09	121.66	27	60
Current Portion of Leases	-	0.03	0.03	0.02	0.58	-
Current Income Taxes Payable	22.86	6.77	3.24	10.23	14.48	-
Current Unearned Revenue	47.09	32.18	22.95	56.38	77.89	14.47
Other Current Liabilities	72.76	65.61	125.5	39.87	8.25	29.88
Total Current Liabilities	886.44	905.23	891.64	903.61	509.81	403.53
Long-Term Debt	116.7	102.12	210.75	263.84	278.37	477.99
Long-Term Leases	0.57	0.5	0.53	0.7	-	-
Long-Term Deferred Tax Liabilities	6.73	6.74	7.55	0.13	-	-
Total Liabilities	1,010	1,015	1,110	1,168	788.18	881.52
Common Stock	274.87	274.87	274.87	224.69	149.79	130.68
Additional Paid-In Capital	1,282	1,282	1,282	663.49	738.38	389
Retained Earnings	1,206	984.4	838.58	930.04	612.96	432.61
Comprehensive Income & Other	1.91	-0.53	3.29	0.1	0.79	94.78
Total Common Equity	2,765	2,541	2,399	1,818	1,502	1,047
Minority Interest	59.88	53.76	44.62	70.15	55.15	9.7
Shareholders' Equity	2,825	2,595	2,443	1,888	1,557	1,057
Total Liabilities & Equity	3,836	3,609	3,554	3,057	2,345	1,938
Total Debt	653.72	671.5	729.06	714.6	404.23	578.45
Net Cash (Debt)	52.44	64.93	72.94	-429.4	-144.24	-174.9
Net Cash Growth	-18.41%	-10.97%	-	-	-	-
Net Cash Per Share	0.19	0.24	0.30	-1.91	-0.72	-0.90
Filing Date Shares Outstanding	274.87	274.87	274.87	224.69	224.69	196.03
Total Common Shares Outstanding	274.87	274.87	274.87	224.69	224.69	196.03
Working Capital	1,075	907.69	870.54	442.58	344.4	319.5
Book Value Per Share	10.06	9.24	8.73	8.09	6.68	5.34
Tangible Book Value	2,577	2,374	2,230	1,665	1,410	953.13
Tangible Book Value Per Share	9.38	8.64	8.11	7.41	6.28	4.86
Buildings	-	999.56	953.61	824.85	597.47	177.3
Machinery	-	1,174	1,169	992.3	872.37	600.85
Construction In Progress	-	186.81	72.92	194.53	280.02	612.49

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