SHE:300530 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	188.15	268.58	318.61	205.29	210.39	192.24
Trading Asset Securities	-	-	60	-	-	-
Cash & Short-Term Investments	188.15	268.58	378.61	205.29	210.39	192.24
Cash Growth	-33.41%	-29.06%	84.43%	-2.42%	9.44%	-42.98%
Accounts Receivable	73.23	107.69	72.68	239.46	63.22	57.91
Other Receivables	20.29	48.93	102.16	4.83	5.84	4.38
Receivables	93.52	156.62	174.84	244.29	69.05	62.29
Inventory	225.3	141.98	96.13	178.93	51.11	19.62
Other Current Assets	56.74	91.35	29.79	33.14	45.26	31.41
Total Current Assets	563.71	658.53	679.38	661.65	375.81	305.55
Property, Plant & Equipment	424.54	467.17	524.43	415.47	1,014	353.31
Long-Term Investments	190.47	201.48	308.41	313.48	211.18	211.28
Goodwill	1.52	1.52	0.17	0.17	0.17	0.17
Other Intangible Assets	22.55	26.44	35.63	53.79	116.92	97.21
Long-Term Deferred Tax Assets	3.15	3.17	1.37	1.31	0.55	0.45
Long-Term Deferred Charges	92.83	99.1	119.15	125.64	109.48	72.65
Other Long-Term Assets	-	3.37	4.06	6.09	6.84	53.55
Total Assets	1,299	1,461	1,673	1,578	1,835	1,094
Accounts Payable	394.61	353.16	120.19	250.63	114.17	48.25
Accrued Expenses	3.75	10.18	11.61	22.79	17.84	17.1
Short-Term Debt	80.1	20.01	20.02	461.72	332.29	310.25
Current Portion of Long-Term Debt	52.81	11.71	58.07	-	-	-
Current Portion of Leases	-	2.88	22.29	11.92	33.7	-
Current Income Taxes Payable	0.54	-	-	0.05	0.43	1.38
Current Unearned Revenue	53.63	13.84	8.1	11.93	1.41	1.39
Other Current Liabilities	156.77	340.39	622.39	376.72	230.52	139.56
Total Current Liabilities	742.2	752.18	862.66	1,136	730.37	517.93
Long-Term Debt	386.1	425.29	399.48	139	-	-
Long-Term Leases	63.11	63.48	148.69	131.12	584.5	-
Long-Term Unearned Revenue	8.72	9.69	10.99	18.13	331.65	260.47
Long-Term Deferred Tax Liabilities	-	-	-	0.01	0.13	-
Other Long-Term Liabilities	3.59	3.39	3.26	1.59	0.29	-
Total Liabilities	1,204	1,254	1,425	1,426	1,647	778.4
Common Stock	171.95	171.95	171.95	158.14	158.14	158.41
Additional Paid-In Capital	957.91	953.66	600.8	307.92	152.44	150.73
Retained Earnings	-1,076	-962.8	-568.34	-359.37	-122.73	1.62
Treasury Stock	-	-	-	-	-	-1.97
Total Common Equity	53.56	162.81	204.42	106.69	187.84	308.8
Minority Interest	41.49	43.94	43.11	45.29	-	6.97
Shareholders' Equity	95.05	206.75	247.52	151.98	187.84	315.77
Total Liabilities & Equity	1,299	1,461	1,673	1,578	1,835	1,094
Total Debt	582.12	523.37	648.55	743.76	950.49	310.25
Net Cash (Debt)	-393.96	-254.79	-269.94	-538.47	-740.1	-118.01
Net Cash Per Share	-2.29	-1.48	-1.60	-3.41	-4.69	-0.75
Filing Date Shares Outstanding	171.95	171.95	171.95	158.14	158.14	158.41
Total Common Shares Outstanding	171.95	171.95	171.95	158.14	158.14	158.41
Working Capital	-178.49	-93.66	-183.29	-474.11	-354.55	-212.37
Book Value Per Share	0.31	0.95	1.19	0.67	1.19	1.95
Tangible Book Value	29.49	134.85	168.61	52.72	70.75	211.42
Tangible Book Value Per Share	0.17	0.78	0.98	0.33	0.45	1.33
Buildings	-	-	-	52.7	52.7	59.97
Machinery	-	473.58	195.38	132.52	86.88	58.02
Construction In Progress	-	5.53	218.34	141.36	299.15	263.28

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