SHE:300675 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	121.21	206.92	177.68	163.73	224.4	291.17
Trading Asset Securities	-	-	-	-	-	0.01
Cash & Short-Term Investments	121.21	206.92	177.68	163.73	224.4	291.18
Cash Growth	24.38%	16.46%	8.52%	-27.03%	-22.93%	14.35%
Accounts Receivable	529.3	547.12	496.31	492.58	441.75	405.55
Other Receivables	4.82	1.69	8.84	1.19	1.07	1.53
Receivables	534.12	548.8	505.15	493.77	442.82	407.08
Inventory	0.06	0.06	0.06	0.07	0.1	0.1
Prepaid Expenses	-	0.17	0.15	0.53	1	4.72
Other Current Assets	7.03	10.8	12.77	15.32	13.41	25.25
Total Current Assets	662.42	766.76	695.82	673.41	681.74	728.32
Property, Plant & Equipment	87.48	104.05	126.62	131.51	529.91	440.65
Long-Term Investments	-	1.42	1.15	3.55	3.43	3.61
Other Intangible Assets	20.65	24.53	28.63	32.8	84.63	91.14
Long-Term Deferred Tax Assets	18.89	17.14	15.9	13.8	19.64	21.26
Long-Term Deferred Charges	5.56	6.47	3.68	4.37	12.76	21.57
Other Long-Term Assets	556	571.1	571.52	522.79	5.32	3.42
Total Assets	1,351	1,491	1,443	1,382	1,337	1,310
Accounts Payable	114.7	158.02	204.36	209.46	212.42	214.36
Accrued Expenses	-1.53	20.71	13.68	35.26	44.2	52.07
Short-Term Debt	220.6	328.25	230.49	119.58	120.12	110.1
Current Portion of Long-Term Debt	48.69	24.98	12.34	12.37	6.09	-
Current Portion of Leases	-	9.39	11.44	10.44	21.99	-
Current Income Taxes Payable	3.99	1.1	4.2	5.01	3.93	9.15
Current Unearned Revenue	8.3	7.53	9.49	16.31	15.63	23.25
Other Current Liabilities	43.99	56.53	57.48	76.88	52.32	92.71
Total Current Liabilities	438.73	606.52	543.49	485.31	476.69	501.64
Long-Term Debt	337.7	232.27	229.52	241.6	243.59	228
Long-Term Leases	5.3	10.44	22.38	21.51	11.85	-
Long-Term Unearned Revenue	6.46	7.31	6.58	6.74	43.72	53.2
Long-Term Deferred Tax Liabilities	0.21	0.21	0.29	0.26	0.29	0.32
Other Long-Term Liabilities	0.23	0.23	-	-	-	-
Total Liabilities	788.63	856.98	802.26	755.42	776.13	783.17
Common Stock	146.67	146.67	146.67	146.67	146.67	146.67
Additional Paid-In Capital	127.88	127.88	131.14	127.54	127.54	127.54
Retained Earnings	251.64	323.01	326.48	319.11	260.64	229.33
Comprehensive Income & Other	7.6	7.6	7.6	7.6	-	-
Total Common Equity	533.79	605.16	611.89	600.92	534.85	503.54
Minority Interest	28.57	29.33	29.17	25.89	26.43	23.25
Shareholders' Equity	562.36	634.49	641.06	626.81	561.28	526.8
Total Liabilities & Equity	1,351	1,491	1,443	1,382	1,337	1,310
Total Debt	612.3	605.34	506.18	405.5	403.63	338.1
Net Cash (Debt)	-491.09	-398.42	-328.5	-241.76	-179.23	-46.92
Net Cash Per Share	-3.35	-2.72	-2.24	-1.65	-1.22	-0.32
Filing Date Shares Outstanding	146.67	146.67	146.67	146.67	146.67	146.67
Total Common Shares Outstanding	146.67	146.67	146.67	146.67	146.67	146.67
Working Capital	223.69	160.24	152.32	188.1	205.05	226.68
Book Value Per Share	3.64	4.13	4.17	4.10	3.65	3.43
Tangible Book Value	513.14	580.63	583.26	568.12	450.22	412.41
Tangible Book Value Per Share	3.50	3.96	3.98	3.87	3.07	2.81
Buildings	-	106.57	105.75	105.75	105.75	105.75
Machinery	-	177.95	171.71	162.17	142.97	128.73
Construction In Progress	-	-	-	-	394.65	331.19

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