SHE:300875 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	83.48	217.82	388.18	484.73	714.5	488.41
Trading Asset Securities	66.8	89.11	47.2	8.31	100.05	400.72
Cash & Short-Term Investments	150.28	306.93	435.37	493.03	814.55	889.14
Cash Growth	-55.25%	-29.50%	-11.70%	-39.47%	-8.39%	590.69%
Accounts Receivable	209.56	185.09	211.6	221.93	171.55	248.87
Other Receivables	21.58	10.05	8.7	14.59	7.54	6.04
Receivables	231.15	195.14	220.3	236.52	179.09	254.91
Inventory	286.48	178.25	198.55	192.61	48.57	19.45
Other Current Assets	130.1	63.61	48.83	54.08	14.23	8.6
Total Current Assets	798	743.93	903.05	976.24	1,056	1,172
Property, Plant & Equipment	318.61	309.46	331.84	321.91	247.72	203.26
Long-Term Investments	117.32	111.67	67.34	67.38	31.99	9.4
Goodwill	82.3	48.34	138.03	188.8	182.08	17.89
Other Intangible Assets	59.92	64.7	74.41	81.18	76.39	49.8
Long-Term Accounts Receivable	-	4.58	3.24	2.45	-	-
Long-Term Deferred Tax Assets	17.71	17.37	16.8	12.11	9.89	2.75
Long-Term Deferred Charges	7.04	6.75	6.13	7.77	6.73	1.5
Other Long-Term Assets	5.46	1.23	10.03	22.19	23.48	1.82
Total Assets	1,406	1,308	1,551	1,680	1,635	1,459
Accounts Payable	131.63	65.01	51.81	42.68	28.83	16.74
Accrued Expenses	9.58	33.03	40.89	47.17	22.63	10.24
Short-Term Debt	34	8.51	2.57	3	1.6	-
Current Portion of Leases	5.59	5.24	4.81	4.93	3.91	-
Current Income Taxes Payable	1.78	1.11	3.07	9.77	6.13	5.87
Current Unearned Revenue	80.31	71.17	56.83	53.85	10.89	6.7
Other Current Liabilities	100.48	77.95	42.04	101.91	135.71	49.73
Total Current Liabilities	363.37	262.01	202.02	263.32	209.69	89.29
Long-Term Leases	11.91	5.01	8.46	13.23	10.43	-
Long-Term Unearned Revenue	7.2	8.06	8.04	8.03	6.48	5.21
Long-Term Deferred Tax Liabilities	0.73	1.08	1.85	2.45	2.58	0.11
Total Liabilities	383.21	276.17	220.37	287.02	229.18	94.61
Common Stock	99.83	99.83	99.83	99.83	76.8	76.8
Additional Paid-In Capital	975.01	975.08	982.95	981.96	1,005	1,005
Retained Earnings	-119.89	-96.7	181.56	249.46	289.93	282.03
Treasury Stock	-16.88	-16.88	-	-	-	-
Comprehensive Income & Other	5.9	4.13	1.96	0.25	-	-
Total Common Equity	943.99	965.47	1,266	1,332	1,372	1,364
Minority Interest	79.15	66.38	64.2	61.5	33.95	0.18
Shareholders' Equity	1,023	1,032	1,331	1,393	1,406	1,364
Total Liabilities & Equity	1,406	1,308	1,551	1,680	1,635	1,459
Total Debt	51.49	18.76	15.84	21.16	15.94	-
Net Cash (Debt)	98.78	288.17	419.54	471.87	798.62	889.14
Net Cash Growth	-68.50%	-31.31%	-11.09%	-40.91%	-10.18%	816.86%
Net Cash Per Share	1.02	2.90	4.20	4.60	7.73	10.66
Filing Date Shares Outstanding	99.13	99.13	99.83	99.83	99.83	99.83
Total Common Shares Outstanding	99.13	99.13	99.83	99.83	99.83	99.83
Working Capital	434.63	481.92	701.04	712.93	846.76	1,083
Book Value Per Share	9.52	9.74	12.68	13.34	13.74	13.66
Tangible Book Value	801.77	852.43	1,054	1,062	1,113	1,296
Tangible Book Value Per Share	8.09	8.60	10.56	10.63	11.15	12.98
Buildings	-	305.41	300.03	205.01	184.73	184.73
Machinery	-	46.84	57.95	48.92	36.01	21.67
Construction In Progress	-	0.28	0.68	76.25	27.24	0.89

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