SHE:300815 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	948.09	800	1,121	1,018	1,158	1,321
Cash & Short-Term Investments	948.09	800	1,121	1,018	1,158	1,321
Cash Growth	4.69%	-28.64%	10.15%	-12.13%	-12.30%	124.82%
Accounts Receivable	4,715	4,284	3,320	2,345	1,592	1,132
Other Receivables	472.49	500.05	461.76	363.51	286.01	296.12
Receivables	5,187	4,784	3,782	2,709	1,878	1,428
Inventory	83.99	86.05	40.03	43.87	15.53	8.55
Prepaid Expenses	-	-	-	-	-	44.41
Other Current Assets	202.82	198.77	156.52	129.7	118.73	62.83
Total Current Assets	6,422	5,868	5,100	3,900	3,171	2,865
Property, Plant & Equipment	1,580	1,685	1,161	1,066	961.78	730.49
Long-Term Investments	50.26	87.76	87.63	385.91	378.05	319.12
Goodwill	239.84	223.98	225.87	152.25	48.12	-
Other Intangible Assets	811.35	484.9	218.41	251.41	283.41	318.95
Long-Term Deferred Tax Assets	150.02	105.97	76.21	63.54	29.95	18.53
Long-Term Deferred Charges	66.11	148.67	103.5	76.11	65.69	57.08
Other Long-Term Assets	626.51	502.94	369.17	223.42	284.41	238.81
Total Assets	9,946	9,108	7,341	6,119	5,222	4,548
Accounts Payable	938.21	1,023	809.91	572.7	445	370.75
Accrued Expenses	458.34	603.83	530.54	444.17	376.24	315.57
Short-Term Debt	2,095	1,386	909.08	718	514.5	617.46
Current Portion of Long-Term Debt	186.51	128.59	183.07	108	54.74	90.14
Current Portion of Leases	-	36.03	37.97	42.63	49.56	-
Current Income Taxes Payable	135.02	146.61	89.58	82.43	69.5	65
Current Unearned Revenue	87.54	20.25	11.09	22.67	22.07	12.3
Other Current Liabilities	133.86	128.69	128.74	46.33	27.51	20.57
Total Current Liabilities	4,035	3,474	2,700	2,037	1,559	1,492
Long-Term Debt	452.86	481.39	263.47	132.5	240.5	132.15
Long-Term Leases	57.79	109.87	51.18	70.35	99.19	-
Long-Term Unearned Revenue	57.7	24.13	-	-	-	-
Long-Term Deferred Tax Liabilities	45.15	36.57	26.1	20.5	22.98	21.6
Other Long-Term Liabilities	319.5	325.28	242.92	218.49	207.78	198.26
Total Liabilities	4,968	4,451	3,284	2,479	2,130	1,844
Common Stock	398.59	398.59	398.59	332.16	276.8	138.4
Additional Paid-In Capital	713.05	713.05	698.39	772.09	823.67	957.66
Retained Earnings	3,302	3,020	2,525	2,203	1,780	1,463
Total Common Equity	4,414	4,132	3,622	3,308	2,881	2,559
Minority Interest	564.52	524.86	435.98	332.64	212.12	145.39
Shareholders' Equity	4,978	4,657	4,058	3,640	3,093	2,704
Total Liabilities & Equity	9,946	9,108	7,341	6,119	5,222	4,548
Total Debt	2,792	2,142	1,445	1,071	958.5	839.74
Net Cash (Debt)	-1,844	-1,342	-323.69	-53.68	199.76	480.97
Net Cash Growth	-	-	-	-	-58.47%	-
Net Cash Per Share	-4.62	-3.36	-0.81	-0.13	0.50	1.23
Filing Date Shares Outstanding	398.59	398.59	398.59	398.59	398.59	398.59
Total Common Shares Outstanding	398.59	398.59	398.59	398.59	398.59	398.59
Working Capital	2,387	2,395	2,400	1,863	1,612	1,373
Book Value Per Share	11.07	10.37	9.09	8.30	7.23	6.42
Tangible Book Value	3,362	3,423	3,177	2,904	2,549	2,240
Tangible Book Value Per Share	8.44	8.59	7.97	7.29	6.40	5.62
Buildings	-	671.31	113.2	159.63	159.6	-
Machinery	-	2,055	1,934	1,341	1,036	-
Construction In Progress	-	-	12.77	-	-	-

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