SHE:300575 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	567.96	466.89	427.77	481.61	402.27	685.68
Trading Asset Securities	29.75	29.75	42.28	46.09	46.76	92.75
Cash & Short-Term Investments	597.71	496.63	470.05	527.7	449.03	778.43
Cash Growth	14.03%	5.66%	-10.93%	17.52%	-42.32%	56.71%
Accounts Receivable	812.65	677.56	348.94	600.95	457.28	265.4
Other Receivables	2.12	0.8	1.2	12.22	0.76	8.69
Receivables	814.77	678.36	350.14	613.17	458.04	274.1
Inventory	613.33	522.29	429.61	484.07	360.56	186.41
Other Current Assets	114.88	109.4	102.69	177.17	169.54	115.09
Total Current Assets	2,141	1,807	1,352	1,802	1,437	1,354
Property, Plant & Equipment	2,343	2,369	2,284	1,983	1,475	1,057
Long-Term Investments	11.85	12.13	-	74.36	47.45	1.24
Goodwill	29.88	29.88	29.88	28.61	-	-
Other Intangible Assets	145.29	146.99	150.93	109.63	91.69	93.95
Long-Term Deferred Tax Assets	30.25	31.34	15.56	19.32	11.2	7.97
Long-Term Deferred Charges	10.25	11.14	15.88	10.1	13.09	15.86
Other Long-Term Assets	12.29	5.02	7.51	13.38	78.69	9.85
Total Assets	4,723	4,412	3,856	4,040	3,155	2,540
Accounts Payable	655.01	632.38	454.34	878.94	666.7	354.65
Accrued Expenses	50.45	58.21	55.7	68.27	53.84	48.89
Short-Term Debt	769.62	569.88	326.04	143.3	218.37	217.42
Current Portion of Long-Term Debt	128.62	111.32	143.01	37.02	19.5	48.39
Current Income Taxes Payable	5.8	3.39	2.97	23.99	14.25	0.51
Current Unearned Revenue	27.41	30.64	11.13	6.21	34.81	35.25
Other Current Liabilities	270.81	139.88	51.46	81.42	61.55	87.49
Total Current Liabilities	1,908	1,546	1,045	1,239	1,069	792.6
Long-Term Debt	697.08	597.1	497.03	705.13	394.7	271.66
Long-Term Unearned Revenue	40.37	43.76	45.3	33.4	25.3	12.57
Long-Term Deferred Tax Liabilities	1.69	1.95	2.29	6.02	2.74	3.61
Total Liabilities	2,647	2,189	1,589	1,984	1,492	1,080
Common Stock	476.99	464.76	464.76	310.06	207.02	138.05
Additional Paid-In Capital	234.85	198.8	198.8	357.16	453.61	506.16
Retained Earnings	1,293	1,454	1,498	1,409	1,051	892.63
Treasury Stock	-37.08	-	-	-29.97	-55.18	-79.34
Comprehensive Income & Other	6.64	4.25	2.77	-	-	-
Total Common Equity	1,974	2,122	2,165	2,046	1,656	1,458
Minority Interest	102.26	101.56	102.44	10.22	6.46	2.27
Shareholders' Equity	2,076	2,224	2,267	2,057	1,663	1,460
Total Liabilities & Equity	4,723	4,412	3,856	4,040	3,155	2,540
Total Debt	1,595	1,278	966.08	885.45	632.57	537.47
Net Cash (Debt)	-997.6	-781.66	-496.04	-357.75	-183.54	240.96
Net Cash Growth	-	-	-	-	-	939.54%
Net Cash Per Share	-2.39	-2.00	-1.06	-0.77	-0.40	0.52
Filing Date Shares Outstanding	476.99	464.76	464.76	465.09	465.79	465.92
Total Common Shares Outstanding	476.99	464.76	464.76	465.09	465.79	465.92
Working Capital	232.99	261	307.82	562.98	368.14	561.44
Book Value Per Share	4.14	4.57	4.66	4.40	3.56	3.13
Tangible Book Value	1,799	1,945	1,984	1,908	1,565	1,364
Tangible Book Value Per Share	3.77	4.19	4.27	4.10	3.36	2.93
Buildings	-	927.66	846	668.36	410.92	391.14
Machinery	-	2,175	1,811	1,431	1,033	836.82
Construction In Progress	-	260.67	395.98	524.99	517.7	214.99

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