SHE:300829 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	181.15	201.04	205.23	262.31	215.34	138.78
Trading Asset Securities	230.96	288	369.9	-	0.04	180
Cash & Short-Term Investments	412.11	489.04	575.13	262.31	215.38	318.78
Cash Growth	-24.88%	-14.97%	119.25%	21.79%	-32.44%	981.63%
Accounts Receivable	143.82	145.66	116.43	139.8	105.34	72.62
Other Receivables	8.5	6.53	5.98	3.31	6.68	5.26
Receivables	152.32	152.19	122.41	143.12	112.02	77.87
Inventory	236.85	303.83	401.94	239.64	245.54	130.46
Prepaid Expenses	-	-	0.16	0.78	0.68	0.82
Other Current Assets	93.46	65.72	51.84	34.04	54.2	30.29
Total Current Assets	894.74	1,011	1,151	679.88	627.81	558.21
Property, Plant & Equipment	2,388	2,158	1,804	1,583	1,276	993.11
Long-Term Investments	17.74	17.74	17.74	17.74	17.74	17.74
Other Intangible Assets	126.32	122.15	143.84	156.99	140.62	144.44
Long-Term Deferred Tax Assets	17.24	16.53	10.15	14.64	14.11	15.4
Long-Term Deferred Charges	0.46	2.21	3.43	2.79	-	-
Other Long-Term Assets	61.78	134.15	271.26	51.58	104.1	22.22
Total Assets	3,506	3,461	3,402	2,506	2,180	1,751
Accounts Payable	202.8	195.28	242.14	181.51	220	176.12
Accrued Expenses	8.4	15.51	16.25	14.68	14.45	12.31
Short-Term Debt	335.7	284	190	388	295.88	61.41
Current Portion of Long-Term Debt	96.47	297.16	28.58	-	-	2
Current Portion of Leases	-	8.1	22.09	9.75	9.04	-
Current Income Taxes Payable	5.61	7.37	2.66	-	0.5	0.16
Current Unearned Revenue	14.06	13.2	13.85	21.31	37.52	26.51
Other Current Liabilities	42.5	31.73	38.25	60.88	40.52	31.68
Total Current Liabilities	705.54	852.36	553.82	676.13	617.91	310.18
Long-Term Debt	294.37	686.15	1,015	175.63	-	-
Long-Term Leases	2.61	7.89	23.41	14.95	25.37	-
Long-Term Unearned Revenue	74.67	73.68	78.95	66.8	78.13	78.51
Long-Term Deferred Tax Liabilities	46.94	33.85	29.25	30.6	27	26.06
Total Liabilities	1,124	1,654	1,700	964.12	748.4	414.76
Common Stock	227.28	192.25	180.65	180.65	180.65	112.91
Additional Paid-In Capital	1,310	767.66	604.76	604.76	604.78	672.58
Retained Earnings	948.11	825.58	806.7	741.34	622.66	516.06
Treasury Stock	-70.19	-30.05	-	-	-	-
Comprehensive Income & Other	0.86	84.09	112.14	-0.36	-0.58	-0.21
Total Common Equity	2,416	1,840	1,704	1,526	1,408	1,301
Minority Interest	-34.54	-32.2	-3.18	15.83	24.44	35.03
Shareholders' Equity	2,382	1,807	1,701	1,542	1,432	1,336
Total Liabilities & Equity	3,506	3,461	3,402	2,506	2,180	1,751
Total Debt	729.16	1,283	1,279	588.33	330.29	63.41
Net Cash (Debt)	-317.04	-794.26	-704.02	-326.02	-114.91	255.36
Net Cash Per Share	-1.57	-4.24	-3.88	-1.80	-0.64	1.54
Filing Date Shares Outstanding	222.62	188.71	180.66	180.65	180.65	180.65
Total Common Shares Outstanding	222.62	190.17	180.65	180.65	180.65	180.65
Working Capital	189.2	158.43	597.65	3.75	9.9	248.03
Book Value Per Share	10.85	9.67	9.43	8.45	7.79	7.20
Tangible Book Value	2,290	1,717	1,560	1,369	1,267	1,157
Tangible Book Value Per Share	10.29	9.03	8.64	7.58	7.01	6.40
Buildings	-	648.54	630.35	580.46	520.03	479.95
Machinery	-	1,143	1,116	1,143	965.91	830.87
Construction In Progress	-	1,031	611.21	355.86	190.31	95.75

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