SHE:300604 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	1,393	1,017	836.45	636.84	818.65	423.59
Trading Asset Securities	-	-	-	150.23	-	-
Cash & Short-Term Investments	1,393	1,017	836.45	787.07	818.65	423.59
Cash Growth	34.38%	21.54%	6.28%	-3.86%	93.27%	174.94%
Accounts Receivable	1,970	1,556	1,109	1,006	736.74	459.71
Other Receivables	25.58	256.41	158.32	42.35	67.39	1.9
Receivables	1,995	1,812	1,268	1,048	804.14	461.61
Inventory	3,268	2,234	2,159	1,615	887.29	435.12
Other Current Assets	356.6	31.53	20.03	13.41	22.6	30.75
Total Current Assets	7,013	5,094	4,283	3,463	2,533	1,351
Property, Plant & Equipment	1,258	1,101	715.89	465.02	191.8	150.7
Long-Term Investments	165.96	189.08	177.28	155.47	132.98	29.75
Goodwill	424.06	330.09	283.05	289.78	255.45	255.45
Other Intangible Assets	313.8	310.64	261.24	205.55	126.86	45.75
Long-Term Deferred Tax Assets	122.17	98.76	83.86	58.27	39.4	27.01
Long-Term Deferred Charges	297.17	105.47	96.78	53.82	30.28	6.86
Other Long-Term Assets	8.63	28.07	-	-	9.26	-
Total Assets	9,603	7,257	5,902	4,691	3,319	1,867
Accounts Payable	2,238	1,714	1,060	1,171	692.77	336.08
Accrued Expenses	274.71	286.85	199.1	215.78	127.8	75.48
Short-Term Debt	664.79	488.15	720.47	88.3	50.06	143.67
Current Portion of Long-Term Debt	302.65	273.95	0.89	60.15	-	-
Current Portion of Leases	-	19.11	20.36	26.69	10.09	-
Current Income Taxes Payable	20.47	9.52	4.37	27.64	10.75	0.19
Current Unearned Revenue	53.54	32.42	10.47	4.81	10.81	5.72
Other Current Liabilities	44.44	12.06	6.38	38.91	17.61	27.5
Total Current Liabilities	3,599	2,836	2,022	1,634	919.89	588.64
Long-Term Debt	1,146	687.67	322.7	90.71	-	-
Long-Term Leases	17.24	14.38	25.1	34.03	10.85	-
Long-Term Unearned Revenue	143.59	64.67	53.28	57.42	45.68	0.94
Long-Term Deferred Tax Liabilities	14.12	8.24	6.71	18.39	15.19	0.37
Other Long-Term Liabilities	-	-	1.87	4.37	3.92	2.68
Total Liabilities	4,920	3,611	2,431	1,839	995.53	592.63
Common Stock	632.72	625.14	621.59	602.75	602.75	313.79
Additional Paid-In Capital	1,509	1,347	1,344	760.9	700.62	589.27
Retained Earnings	1,992	1,190	794.34	806.4	405.75	218.81
Treasury Stock	-	-	-0.21	-0.21	-4.38	-25.68
Comprehensive Income & Other	165.29	131.8	119.24	107.16	63.11	-5.67
Total Common Equity	4,299	3,294	2,879	2,277	1,768	1,091
Minority Interest	383.63	353.06	591.7	575.68	555.33	183.44
Shareholders' Equity	4,683	3,647	3,470	2,853	2,323	1,274
Total Liabilities & Equity	9,603	7,257	5,902	4,691	3,319	1,867
Total Debt	2,131	1,483	1,090	299.88	71	143.67
Net Cash (Debt)	-738.33	-466.62	-253.06	487.18	747.65	279.91
Net Cash Growth	-	-	-	-34.84%	167.10%	135.20%
Net Cash Per Share	-1.15	-0.73	-0.39	0.79	1.23	0.46
Filing Date Shares Outstanding	632.72	625.14	621.59	602.75	602.75	596.2
Total Common Shares Outstanding	632.72	625.14	621.59	602.75	602.75	596.2
Working Capital	3,414	2,259	2,262	1,830	1,613	762.42
Book Value Per Share	6.79	5.27	4.63	3.78	2.93	1.83
Tangible Book Value	3,561	2,653	2,334	1,782	1,386	789.32
Tangible Book Value Per Share	5.63	4.24	3.76	2.96	2.30	1.32
Buildings	-	404.84	294.19	140.56	140.56	140.57
Machinery	-	302.7	185.56	136.4	85.01	56.54
Construction In Progress	-	538.92	315.89	207.71	7.55	0.97

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