SHE:300509 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	870.7	645.6	379.67	383.2	441.36	500.52
Trading Asset Securities	0.84	-	19.35	42.65	120.94	4.17
Cash & Short-Term Investments	871.54	645.6	399.02	425.85	562.3	504.68
Cash Growth	57.00%	61.80%	-6.30%	-24.27%	11.42%	63.79%
Accounts Receivable	134.77	144.35	144.08	141.96	125.2	133.46
Other Receivables	5.74	13.59	4.49	4.12	3.69	2.27
Receivables	140.51	157.94	148.56	146.08	128.89	135.73
Inventory	1,212	1,244	1,170	878.93	826.18	591.99
Prepaid Expenses	-	0.02	1.99	1.96	1.7	-
Other Current Assets	44.89	29.4	42.55	94.61	45.66	56.56
Total Current Assets	2,269	2,076	1,762	1,547	1,565	1,289
Property, Plant & Equipment	125.34	131.96	132.8	150.74	171.9	186.25
Long-Term Investments	19.4	15.4	13	13	-	-
Other Intangible Assets	27.73	29.71	36.28	38.21	38.72	34.13
Long-Term Deferred Tax Assets	15.35	12.21	14.86	12.5	10.59	11.18
Long-Term Deferred Charges	5.32	2.48	1.36	1.25	2.88	3.62
Other Long-Term Assets	121.9	135.08	120.98	128.84	132.81	137.51
Total Assets	2,584	2,403	2,081	1,892	1,922	1,662
Accounts Payable	470.66	498.36	401.35	285.74	332.76	282.51
Accrued Expenses	40.24	36.95	37.85	35.86	31.47	26.88
Short-Term Debt	264.47	157.24	108.87	166.13	195.26	135.47
Current Portion of Long-Term Debt	11.05	1.12	-	-	-	-
Current Portion of Leases	-	4.46	6.75	2.28	2.48	-
Current Income Taxes Payable	9.83	0.11	2.95	8.79	10.78	5.17
Current Unearned Revenue	1,020	984.17	788.88	635.67	571.92	465.38
Other Current Liabilities	39.58	32.78	38.5	38.79	61.34	44.8
Total Current Liabilities	1,856	1,715	1,385	1,173	1,206	960.22
Long-Term Debt	69	58.93	-	-	-	-
Long-Term Leases	-	-	-	7.98	10.34	-
Long-Term Unearned Revenue	10.68	12.51	14.94	17.38	19.91	22.5
Long-Term Deferred Tax Liabilities	-	-	-	-	3.23	-
Total Liabilities	1,936	1,787	1,400	1,199	1,240	982.71
Common Stock	296.4	296.4	296.4	296.4	296.4	296.4
Additional Paid-In Capital	90.08	90.08	90.08	90.08	90.08	90.08
Retained Earnings	306.4	271.37	261.68	273.97	269.46	246.75
Comprehensive Income & Other	-75.34	-73.54	-40.86	-39.44	-38.97	-23.52
Total Common Equity	617.54	584.31	607.31	621.01	616.97	609.72
Minority Interest	31.22	32.4	73.65	72.33	65.14	69.22
Shareholders' Equity	648.76	616.71	680.95	693.34	682.11	678.94
Total Liabilities & Equity	2,584	2,403	2,081	1,892	1,922	1,662
Total Debt	344.52	221.75	115.62	176.39	208.08	135.47
Net Cash (Debt)	527.02	423.86	283.39	249.46	354.21	369.21
Net Cash Growth	51.47%	49.56%	13.61%	-29.58%	-4.06%	52.78%
Net Cash Per Share	1.78	1.40	0.97	0.88	1.22	1.27
Filing Date Shares Outstanding	296.4	296.4	296.4	296.4	296.4	296.4
Total Common Shares Outstanding	296.4	296.4	296.4	296.4	296.4	296.4
Working Capital	413.4	361.29	376.62	374.17	358.7	328.75
Book Value Per Share	2.08	1.97	2.05	2.10	2.08	2.06
Tangible Book Value	589.81	554.6	571.03	582.8	578.26	575.59
Tangible Book Value Per Share	1.99	1.87	1.93	1.97	1.95	1.94
Buildings	-	101.99	110.01	109.47	109.47	110.83
Machinery	-	197.94	207.54	206.05	202.66	206.6
Construction In Progress	-	17.52	2.44	-	-	1.03

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