SHE:300623 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	562.42	709.39	362.06	535.46	753.26	339.3
Trading Asset Securities	40.05	20.03	521.91	896.57	1,330	761.6
Cash & Short-Term Investments	602.47	729.42	883.98	1,432	2,083	1,101
Cash Growth	-21.44%	-17.48%	-38.27%	-31.26%	89.24%	-16.48%
Accounts Receivable	1,374	921.27	484.44	672	607.97	518.55
Other Receivables	5.8	303.91	317.33	7.85	7	1.06
Receivables	1,380	1,225	801.78	679.85	614.97	519.61
Inventory	781.38	599.25	484.33	508.31	303.69	155.79
Other Current Assets	69.51	26.26	59.34	273.3	74.14	68.4
Total Current Assets	2,833	2,580	2,229	2,893	3,076	1,845
Property, Plant & Equipment	5,503	5,208	5,176	4,162	1,681	789.83
Long-Term Investments	2.81	2.84	2.91	-	-	-
Other Intangible Assets	125.52	132.87	137.41	135.46	119.53	100.27
Long-Term Deferred Tax Assets	44.22	56.4	73.83	54.48	26.36	18.38
Long-Term Deferred Charges	1.95	1.83	3.05	4.96	2.92	1.16
Other Long-Term Assets	50.43	70.41	98.76	374.25	820.14	186.59
Total Assets	8,561	8,052	7,722	7,625	5,726	2,941
Accounts Payable	1,129	893.38	925.92	883.39	452.74	289.28
Accrued Expenses	93.05	81.85	62.28	56.63	64.75	44.35
Short-Term Debt	800.66	96.58	116.09	184.46	-	-
Current Portion of Long-Term Debt	171.42	185.58	277.14	26.51	-	-
Current Portion of Leases	-	3.11	5.14	1.43	3.83	-
Current Income Taxes Payable	51.74	46.77	6.39	9.67	19.3	10.47
Current Unearned Revenue	16.16	9.21	10.15	10.68	32.09	4.44
Other Current Liabilities	141.72	77.86	18.51	43.38	57.41	64.89
Total Current Liabilities	2,404	1,394	1,422	1,216	630.11	413.42
Long-Term Debt	101.85	519.92	1,771	2,058	1,090	-
Long-Term Leases	6.74	1.21	4.8	8.5	7.08	-
Long-Term Unearned Revenue	129.56	144.74	128.46	109.51	69.08	33.25
Pension & Post-Retirement Benefits	13.53	13.53	-	-	-	-
Long-Term Deferred Tax Liabilities	0.41	0.04	0.28	0.99	1.95	0.77
Other Long-Term Liabilities	5.06	16.63	-	-	-	-
Total Liabilities	2,661	2,090	3,326	3,393	1,798	447.44
Common Stock	832.08	832.08	736.35	736.62	736.72	491
Additional Paid-In Capital	2,684	2,818	1,006	995.09	965.72	1,166
Retained Earnings	2,379	2,156	1,726	1,577	1,310	891.75
Treasury Stock	-	-	-17.31	-36.3	-50.95	-60.93
Comprehensive Income & Other	6.08	4.15	307.3	307.41	307.52	-
Total Common Equity	5,900	5,811	3,759	3,580	3,269	2,488
Minority Interest	-0.87	150.83	637.21	652.32	659.23	5.59
Shareholders' Equity	5,899	5,962	4,396	4,232	3,928	2,493
Total Liabilities & Equity	8,561	8,052	7,722	7,625	5,726	2,941
Total Debt	1,081	806.38	2,174	2,279	1,101	-
Net Cash (Debt)	-478.2	-76.97	-1,290	-846.54	982.6	1,101
Net Cash Growth	-	-	-	-	-10.75%	-16.48%
Net Cash Per Share	-0.58	-0.10	-1.65	-1.08	1.27	1.51
Filing Date Shares Outstanding	832.08	832.08	736.32	736.53	736.72	736.5
Total Common Shares Outstanding	832.08	832.08	736.35	736.62	736.72	736.5
Working Capital	429.04	1,186	807.81	1,677	2,446	1,431
Book Value Per Share	7.09	6.98	5.10	4.86	4.44	3.38
Tangible Book Value	5,775	5,678	3,621	3,444	3,150	2,388
Tangible Book Value Per Share	6.94	6.82	4.92	4.68	4.28	3.24
Buildings	-	1,540	1,060	819.23	363.21	363.89
Machinery	-	4,925	3,803	2,347	1,072	748.7
Construction In Progress	-	337.72	1,368	1,690	761.84	89.58

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