SHE:300680 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	Jan '21 Jan 1, 2021
Cash & Equivalents	282.67	342.14	380.67	346.24	89.29	82.32
Short-Term Investments	-	42.42	-	-	-	50
Trading Asset Securities	411.69	332.16	353.43	300.65	30.1	75
Cash & Short-Term Investments	694.36	716.72	734.1	646.89	119.39	207.32
Cash Growth	3.33%	-2.37%	13.48%	441.83%	-42.41%	241.49%
Accounts Receivable	829.64	943.72	807.8	534.92	395.58	288.61
Other Receivables	10.45	0.34	0.34	14.4	15.67	5.16
Receivables	840.09	944.06	808.14	549.31	411.24	293.78
Inventory	493.07	463.08	381.58	313.01	240.6	153.36
Other Current Assets	176.81	61.79	56.2	57.77	25.57	30.72
Total Current Assets	2,204	2,186	1,980	1,567	796.81	685.18
Property, Plant & Equipment	1,205	1,175	1,086	892.87	528.72	408.09
Long-Term Investments	301.93	195.32	47.05	24.8	20.69	15.54
Goodwill	198.46	159.4	159.4	159.4	159.4	159.4
Other Intangible Assets	98.67	101.19	105.09	108.82	56.34	50.68
Long-Term Deferred Tax Assets	13.41	14.49	11.15	10.28	4.08	3.2
Long-Term Deferred Charges	120.09	108.65	91.44	48.06	43.67	30.23
Other Long-Term Assets	67.65	60.22	31.09	61.1	73.7	38.56
Total Assets	4,210	4,000	3,511	2,872	1,683	1,391
Accounts Payable	796.84	834.56	632.79	385.24	302.44	208.57
Accrued Expenses	18.3	21.11	19.24	13.87	13.72	16.13
Short-Term Debt	680.95	694.64	711.73	546.04	293.6	178.29
Current Portion of Long-Term Debt	323.55	213.02	100.55	73.39	42.62	10
Current Portion of Leases	-	-	0.16	0.48	-	-
Current Income Taxes Payable	5.09	6.13	5.91	0.61	5.11	2.43
Current Unearned Revenue	1.06	0.5	0.46	1.05	3.11	1.06
Other Current Liabilities	13.54	11.61	6.9	8.92	7.47	21.74
Total Current Liabilities	1,839	1,782	1,478	1,030	668.08	438.21
Long-Term Debt	200.2	186.1	234.2	117	37.5	80
Long-Term Unearned Revenue	14.98	16.82	15.7	18.19	21.38	10.09
Long-Term Deferred Tax Liabilities	26.22	13.72	8.5	8.53	2.76	3.34
Other Long-Term Liabilities	1.6	0.55	0.7	0.67	1.68	0.58
Total Liabilities	2,082	1,999	1,737	1,174	731.41	532.22
Common Stock	227.72	231.02	231.02	231.02	201.85	144.18
Additional Paid-In Capital	-	1,137	1,134	1,131	456.72	514.39
Retained Earnings	763.78	598.9	420.19	296.47	241.08	157.85
Treasury Stock	-38.08	-38.08	-51.99	-	-	-
Comprehensive Income & Other	1,028	-0.82	-0.37	0.07	0.03	-0
Total Common Equity	1,981	1,928	1,733	1,659	899.68	816.42
Minority Interest	145.88	73.25	41.28	39.42	52.32	42.24
Shareholders' Equity	2,127	2,001	1,774	1,698	952	858.66
Total Liabilities & Equity	4,210	4,000	3,511	2,872	1,683	1,391
Total Debt	1,205	1,094	1,047	736.92	373.72	268.29
Net Cash (Debt)	-510.34	-377.04	-312.54	-90.03	-254.33	-60.96
Net Cash Per Share	-2.24	-1.65	-1.36	-0.44	-1.25	-0.32
Filing Date Shares Outstanding	225.69	228.26	228.26	231.02	201.85	201.85
Total Common Shares Outstanding	225.69	228.26	228.26	231.02	201.85	201.85
Working Capital	365	404.08	502.27	537.38	128.73	246.97
Book Value Per Share	8.78	8.45	7.59	7.18	4.46	4.04
Tangible Book Value	1,684	1,667	1,468	1,391	683.95	606.34
Tangible Book Value Per Share	7.46	7.30	6.43	6.02	3.39	3.00
Buildings	-	502.86	304.28	211.05	175.73	175.73
Machinery	-	933.57	760.07	573.86	366.86	295.99
Construction In Progress	-	115.55	310.27	331.75	165.88	80.38

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