SHE:300876 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	42.12	79.43	181.04	405.7	243.03	137.34
Short-Term Investments	-	-	80	50	80	106
Trading Asset Securities	2	-	5	55	180	264
Cash & Short-Term Investments	44.12	79.43	266.04	510.7	503.03	507.34
Cash Growth	-65.10%	-70.14%	-47.91%	1.52%	-0.85%	359.73%
Accounts Receivable	151.88	155.62	129.2	94.37	68.9	66.42
Other Receivables	6.77	0.29	1.87	1.59	1.13	-
Receivables	158.65	155.92	131.07	95.96	70.02	66.42
Inventory	85	94.42	45	69.85	36.69	26.4
Prepaid Expenses	-	-	-	0.2	0.57	-
Other Current Assets	52.77	94.51	59.16	35.24	64.26	47.68
Total Current Assets	340.53	424.27	501.26	711.96	674.57	647.85
Property, Plant & Equipment	812.17	752.46	715.23	307.79	98.97	67.4
Long-Term Investments	2.06	1.93	24.89	5.83	1.15	-
Goodwill	3.28	3.28	12.84	-	-	-
Other Intangible Assets	214.12	218.26	60.06	48.82	59.23	60.57
Long-Term Deferred Tax Assets	0.05	0.11	3.28	2.38	1.51	1.06
Long-Term Deferred Charges	7.39	8.34	8.64	9.88	11.63	5.49
Other Long-Term Assets	401.47	260.51	141.69	150.22	93.43	2.54
Total Assets	1,781	1,669	1,468	1,237	940.49	784.9
Accounts Payable	58.51	52.35	51.82	11.44	10.67	3.48
Accrued Expenses	9.71	14.57	11.31	9.75	8.93	5.99
Short-Term Debt	171.49	346.96	91.59	40.98	74.23	1.25
Current Portion of Long-Term Debt	18.06	8.21	3.88	0.2	-	-
Current Income Taxes Payable	2.52	0.09	3.8	5.75	2	4.28
Current Unearned Revenue	4.66	5.57	7.52	7.99	10.35	2.25
Other Current Liabilities	32.36	47.29	5.23	1.23	2.36	5.69
Total Current Liabilities	297.31	475.05	175.13	77.34	108.54	22.94
Long-Term Debt	559.97	305.55	309.24	252.99	19	-
Long-Term Unearned Revenue	4.08	4.81	5.78	5.9	4.83	3.83
Long-Term Deferred Tax Liabilities	4.74	4.97	8.62	10.31	-	-
Total Liabilities	866.11	790.38	498.78	346.54	132.37	26.77
Common Stock	99.32	96	96	96	96	96
Additional Paid-In Capital	550.74	457.4	457.97	454.77	454.56	454.56
Retained Earnings	146.22	197.35	281.01	278.73	257.56	207.57
Treasury Stock	-12	-12	-	-	-	-
Comprehensive Income & Other	42.47	61.17	61.17	61.19	-	-
Total Common Equity	826.75	799.93	896.15	890.69	808.12	758.14
Minority Interest	88.22	78.85	72.95	-0.35	-	-
Shareholders' Equity	914.96	878.78	969.1	890.33	808.12	758.14
Total Liabilities & Equity	1,781	1,669	1,468	1,237	940.49	784.9
Total Debt	749.52	660.72	404.71	294.17	93.23	1.25
Net Cash (Debt)	-705.4	-581.29	-138.67	216.53	409.8	506.09
Net Cash Growth	-	-	-	-47.16%	-19.03%	785.80%
Net Cash Per Share	-7.38	-6.08	-1.44	2.25	4.27	6.32
Filing Date Shares Outstanding	96.04	95.32	96	96	96	96
Total Common Shares Outstanding	96.04	95.32	96	96	96	96
Working Capital	43.22	-50.77	326.13	634.62	566.03	624.91
Book Value Per Share	8.61	8.39	9.33	9.28	8.42	7.90
Tangible Book Value	609.35	578.39	823.26	841.86	748.89	697.56
Tangible Book Value Per Share	6.34	6.07	8.58	8.77	7.80	7.27
Buildings	-	386.16	337.21	10.25	10.25	10.25
Machinery	-	423.75	141.92	78.91	79.05	61.74
Construction In Progress	-	54.09	306.97	258.1	43.41	22.55

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