SHE:300712 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	350.88	459.1	727.83	437.16	528.09	354.83
Trading Asset Securities	-	-	-	-	1.23	0.91
Cash & Short-Term Investments	350.88	459.1	727.83	437.16	529.32	355.74
Cash Growth	7.72%	-36.92%	66.49%	-17.41%	48.79%	31.92%
Accounts Receivable	1,894	1,967	1,799	1,546	1,349	1,241
Other Receivables	300.86	358.21	326.31	312.38	46.49	13.84
Receivables	2,195	2,326	2,125	1,858	1,395	1,255
Inventory	272.19	418.14	193.71	144.76	156.61	147.77
Prepaid Expenses	-	-	-	-	0.88	-
Other Current Assets	107.52	42.75	28.14	23.52	276.02	86.57
Total Current Assets	2,925	3,246	3,075	2,464	2,358	1,845
Property, Plant & Equipment	661.48	661.85	617.85	547.56	406.55	230.62
Long-Term Investments	285.38	276.92	319.36	282.52	170.49	45.46
Goodwill	18.86	8.84	9.68	9.68	11.97	11.97
Other Intangible Assets	41.07	44.73	51	37.02	40.54	34.86
Long-Term Accounts Receivable	-	53.54	145.77	-	-	-
Long-Term Deferred Tax Assets	51.06	66.9	73.4	37.64	27.38	15.31
Long-Term Deferred Charges	7.73	3.86	1.18	0.69	0.28	0.6
Other Long-Term Assets	142.4	41.51	26.01	4.44	10.74	4.72
Total Assets	4,133	4,404	4,319	3,383	3,026	2,188
Accounts Payable	925.51	1,450	1,301	1,186	785.58	415.02
Accrued Expenses	23.61	49.93	50.08	35.72	43.46	27.6
Short-Term Debt	1,136	826.52	806.65	359.19	719.02	615.44
Current Portion of Long-Term Debt	-	185.09	79.69	66.12	4.08	-
Current Portion of Leases	-	4.45	5.92	7.64	0.99	-
Current Income Taxes Payable	8.45	0.45	0.63	5.45	6.77	9.62
Current Unearned Revenue	76.12	52.72	76.78	86.72	164.14	65.22
Other Current Liabilities	448.55	189.72	101.38	41.16	48.25	12.55
Total Current Liabilities	2,618	2,759	2,422	1,788	1,772	1,145
Long-Term Debt	84.52	181.02	220.77	150.04	52.62	-
Long-Term Leases	14.96	18.09	31.11	18.24	2.92	-
Long-Term Unearned Revenue	22.5	23.28	24.25	24.25	24.25	-
Long-Term Deferred Tax Liabilities	27.63	40.63	53.61	20.62	5.41	4.29
Other Long-Term Liabilities	66.93	58.78	133.43	-	-	-
Total Liabilities	2,835	3,081	2,885	2,001	1,857	1,150
Common Stock	187.55	187.55	187.55	185.25	182.1	182.1
Additional Paid-In Capital	631.64	632.29	631.97	616.6	537.69	466.4
Retained Earnings	544.51	516.62	498.86	463.06	397.36	374.8
Treasury Stock	-83.34	-55.05	-	-	-	-
Comprehensive Income & Other	7.93	9.67	71.9	74.28	-0.3	0.16
Total Common Equity	1,288	1,291	1,390	1,339	1,117	1,023
Minority Interest	10.1	32.1	43.98	43.07	51.71	15.2
Shareholders' Equity	1,298	1,323	1,434	1,382	1,169	1,039
Total Liabilities & Equity	4,133	4,404	4,319	3,383	3,026	2,188
Total Debt	1,236	1,215	1,144	601.23	779.63	615.44
Net Cash (Debt)	-884.7	-756.07	-416.31	-164.07	-250.31	-259.7
Net Cash Per Share	-4.70	-4.03	-2.24	-0.88	-1.34	-1.43
Filing Date Shares Outstanding	184.06	185.22	187.11	185.25	182.1	182.1
Total Common Shares Outstanding	184.06	185.22	187.55	185.25	182.1	182.1
Working Capital	306.96	486.81	653.17	675.87	585.84	699.4
Book Value Per Share	7.00	6.97	7.41	7.23	6.13	5.62
Tangible Book Value	1,228	1,237	1,330	1,292	1,064	976.63
Tangible Book Value Per Share	6.67	6.68	7.09	6.98	5.84	5.36
Land	-	27.58	-	-	-	-
Buildings	-	297.37	251.46	235.71	231.79	233.24
Machinery	-	284.45	101.79	62.61	75.15	64.03
Construction In Progress	-	86.35	327.79	289.63	172.77	-

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