SHE:300535 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	48.36	97.67	68.66	59.66	45.84	59.33
Cash & Short-Term Investments	48.36	97.67	68.66	59.66	45.84	59.33
Cash Growth	-36.79%	42.25%	15.08%	30.16%	-22.75%	-23.36%
Accounts Receivable	305.58	349.32	322.99	291.98	333.16	313.43
Other Receivables	-	-	-	17.51	24.08	13.71
Receivables	305.58	349.32	322.99	309.49	357.24	327.14
Inventory	192.75	174.22	193.57	209.64	228.76	161.33
Prepaid Expenses	-	-	-	-	0.01	-
Other Current Assets	80.6	78.15	31.43	15.47	19.16	27.82
Total Current Assets	627.28	699.36	616.66	594.27	651	575.63
Property, Plant & Equipment	608.28	534.31	576.57	479.65	448.79	431.47
Long-Term Investments	63.76	65.96	93.36	88.83	58.95	-
Goodwill	-	-	2.17	-	-	-
Other Intangible Assets	111.27	99.23	111.89	101.6	103.49	49.12
Long-Term Deferred Tax Assets	5.62	4.67	4.88	3.51	5.99	6.17
Long-Term Deferred Charges	0.52	1.31	3.48	3.55	4.78	-
Other Long-Term Assets	2.98	6.28	7.18	20.25	4.44	18.96
Total Assets	1,420	1,411	1,416	1,292	1,277	1,081
Accounts Payable	66.81	87.2	90.61	82.49	109.4	86.53
Accrued Expenses	29.09	25.54	26.12	14.88	23.31	17.54
Short-Term Debt	299.58	310.84	271.84	229.64	145.76	50
Current Portion of Leases	0.18	0.57	0.58	-	-	-
Current Income Taxes Payable	18.34	14.98	15.07	11.83	11.85	15.37
Current Unearned Revenue	2.49	2.3	6.04	3.34	3.02	1.14
Other Current Liabilities	9.72	6.47	8.08	9.78	22.31	25.4
Total Current Liabilities	426.21	447.9	418.35	351.94	315.64	195.98
Long-Term Leases	0.14	0.3	0.17	-	-	-
Long-Term Unearned Revenue	5.98	6.93	8.96	8.62	5.29	4.86
Long-Term Deferred Tax Liabilities	3.58	3.75	3.95	1.45	1.36	1.41
Total Liabilities	435.91	458.88	431.43	362.01	322.29	202.25
Common Stock	104.8	104.8	104.8	104.22	104.22	103.93
Additional Paid-In Capital	360.83	360.83	360.83	353.52	353.06	341.24
Retained Earnings	475.75	449.11	467.88	439.46	451.73	395.28
Treasury Stock	-	-	-	-0.27	-8.51	-17.62
Comprehensive Income & Other	4.6	2.53	5.26	3.93	-2.22	-0.76
Total Common Equity	945.98	917.27	938.77	900.84	898.28	822.07
Minority Interest	37.82	34.96	45.99	28.8	56.87	57.02
Shareholders' Equity	983.81	952.23	984.77	929.64	955.15	879.09
Total Liabilities & Equity	1,420	1,411	1,416	1,292	1,277	1,081
Total Debt	299.9	311.71	272.6	229.64	145.76	50
Net Cash (Debt)	-251.54	-214.04	-203.94	-169.97	-99.92	9.33
Net Cash Growth	-	-	-	-	-	-87.94%
Net Cash Per Share	-2.40	-2.04	-1.95	-1.64	-0.97	0.09
Filing Date Shares Outstanding	104.8	104.8	104.8	104.8	104.22	103.93
Total Common Shares Outstanding	104.8	104.8	104.8	104.8	104.22	103.93
Working Capital	201.08	251.47	198.32	242.33	335.35	379.65
Book Value Per Share	9.03	8.75	8.96	8.60	8.62	7.91
Tangible Book Value	834.72	818.05	824.72	799.25	794.79	772.95
Tangible Book Value Per Share	7.96	7.81	7.87	7.63	7.63	7.44
Buildings	-	329.52	325.24	286.67	284.5	281.17
Machinery	-	279.55	332.59	274.58	265.42	252.41
Construction In Progress	-	148.35	134.57	84.7	37.66	7.95

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