SHE:300611 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	299.25	192.93	220.48	189.52	142.75	59.06
Trading Asset Securities	0.23	0.16	0.2	0.29	0.43	-
Cash & Short-Term Investments	299.48	193.09	220.68	189.81	143.18	59.06
Cash Growth	13.70%	-12.50%	16.26%	32.57%	142.42%	-29.49%
Accounts Receivable	670.68	681.09	628.69	437.5	400.5	333.09
Other Receivables	6.75	7.67	3.64	3.25	8.26	7.11
Receivables	677.42	688.76	632.32	440.75	408.77	340.21
Inventory	365.43	286.55	283.09	260.31	219.39	149.93
Prepaid Expenses	-	-	-	0.22	7.96	0.64
Other Current Assets	22.66	32.17	14	37.55	34.77	26.82
Total Current Assets	1,365	1,201	1,150	928.64	814.06	576.66
Property, Plant & Equipment	792.67	756.47	820.67	870.56	801.51	460.67
Long-Term Investments	22.44	19.09	-	-	-	-
Goodwill	10.78	10.78	10.78	31.73	59.05	59.05
Other Intangible Assets	163.45	110.56	113.45	116.82	122.58	64.21
Long-Term Deferred Tax Assets	6.73	7.2	4.7	8.7	13.03	6.82
Long-Term Deferred Charges	2.73	3.6	4.4	3.07	0.84	0.22
Other Long-Term Assets	41.36	62.41	7.72	9.62	24.28	15.7
Total Assets	2,405	2,171	2,112	1,969	1,835	1,183
Accounts Payable	310.64	364.25	387.25	318.64	271.71	210.79
Accrued Expenses	37.98	47.94	39.48	36.53	28.12	22.34
Short-Term Debt	386.01	255.98	300.04	201.99	188.01	171.72
Current Portion of Long-Term Debt	172.09	55.97	56.61	28.88	8.01	30.05
Current Portion of Leases	-	1.86	2.08	1.31	0.54	-
Current Income Taxes Payable	12.49	3.73	0.76	1.7	0	1.48
Current Unearned Revenue	3.74	2.79	4.44	5.02	3.32	2.13
Other Current Liabilities	27.74	7.17	5.57	10.86	19.34	6.57
Total Current Liabilities	950.68	739.69	796.22	604.94	519.06	445.09
Long-Term Debt	95.65	230.76	205	261.62	388.51	63.1
Long-Term Leases	6.73	2.17	0.42	1.35	0.34	-
Long-Term Unearned Revenue	33.93	25.41	24.55	26.23	23.43	21.27
Long-Term Deferred Tax Liabilities	0.77	0.44	0.83	0.26	0.23	0.76
Total Liabilities	1,088	998.46	1,027	894.39	931.57	530.22
Common Stock	211.07	211.07	211.07	211.07	178.96	178.95
Additional Paid-In Capital	558.08	547.84	547.84	547.37	257.61	259.77
Retained Earnings	451.61	359.82	263.53	229.15	275.66	263.98
Treasury Stock	-	-30.01	-30.01	-	-13.66	-50.08
Comprehensive Income & Other	8.12	-1.16	-	-	100.86	0.51
Total Common Equity	1,229	1,088	992.44	987.6	799.44	653.13
Minority Interest	88.51	84.65	92.35	87.15	104.33	-0.02
Shareholders' Equity	1,317	1,172	1,085	1,075	903.77	653.11
Total Liabilities & Equity	2,405	2,171	2,112	1,969	1,835	1,183
Total Debt	660.47	546.74	564.14	495.15	585.41	264.86
Net Cash (Debt)	-360.98	-353.65	-343.47	-305.34	-442.24	-205.8
Net Cash Per Share	-1.71	-1.69	-1.60	-1.62	-2.60	-1.18
Filing Date Shares Outstanding	211.07	208.1	208.1	211.07	177.46	173.45
Total Common Shares Outstanding	211.07	208.1	208.1	211.07	177.46	173.45
Working Capital	414.31	460.88	353.87	323.7	295	131.57
Book Value Per Share	5.82	5.23	4.77	4.68	4.50	3.77
Tangible Book Value	1,055	966.22	868.21	839.05	617.82	529.87
Tangible Book Value Per Share	5.00	4.64	4.17	3.98	3.48	3.05
Buildings	-	463.86	477.7	470.04	407.97	177.84
Machinery	-	1,397	1,343	1,233	1,148	431.36
Construction In Progress	-	9.55	20.74	81.85	81.6	87.96

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