SHE:300903 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	356.94	838.66	532.8	898.26	351.29	498.31
Short-Term Investments	-	100.71	191.37	114.82	10.01	-
Trading Asset Securities	-	88.07	300.92	473.38	22.75	285.11
Cash & Short-Term Investments	356.94	1,027	1,025	1,486	384.05	783.42
Cash Growth	-57.88%	0.23%	-31.04%	287.05%	-50.98%	270.50%
Accounts Receivable	1,937	2,070	1,797	1,487	1,211	823.21
Other Receivables	12.86	17.05	15.55	21.17	28.67	6.27
Receivables	1,950	2,087	1,812	1,509	1,240	829.49
Inventory	546.71	475.96	322.51	351.85	301.85	165.22
Prepaid Expenses	-	-	-	-	0	-
Other Current Assets	305.92	183.6	108.34	102.8	119.14	18.94
Total Current Assets	3,159	3,774	3,268	3,450	2,045	1,797
Property, Plant & Equipment	2,979	3,125	3,017	2,491	1,328	389.26
Long-Term Investments	5.49	5.23	6.16	6.12	11	-
Goodwill	9.48	9.48	21.46	-	-	-
Other Intangible Assets	196.84	201.91	91.51	73.94	38.27	35.45
Long-Term Deferred Tax Assets	164.71	140.26	122.67	69.48	35.65	13.97
Long-Term Deferred Charges	77.51	85.21	90.31	26.47	12.22	4.91
Other Long-Term Assets	14.98	9.32	47.6	90.79	99.36	11.33
Total Assets	6,607	7,351	6,665	6,207	3,570	2,252
Accounts Payable	2,755	3,161	2,727	2,684	1,963	913.21
Accrued Expenses	51.94	104.95	53.91	53.13	42.96	44.74
Short-Term Debt	1,063	1,127	748.57	497.42	202.32	108.56
Current Portion of Long-Term Debt	-	158.2	73.58	45.5	-	-
Current Portion of Leases	-	27.19	31.66	26.84	24.8	-
Current Income Taxes Payable	6.85	-	1.49	8.26	4.22	6.63
Current Unearned Revenue	5.42	10.74	4.04	2.85	2.49	1.14
Other Current Liabilities	418.14	198.05	145.68	78.06	27.78	8.75
Total Current Liabilities	4,301	4,788	3,786	3,396	2,268	1,083
Long-Term Debt	200.03	262.93	255.89	174.14	-	-
Long-Term Leases	31.09	185.29	162.11	85.81	24.17	-
Long-Term Unearned Revenue	197.87	171.1	147.29	109.2	65.2	18.61
Long-Term Deferred Tax Liabilities	22.36	23.79	32.57	15.32	7.09	3.31
Other Long-Term Liabilities	110.92	49.28	46.86	43.64	-	-
Total Liabilities	4,863	5,480	4,430	3,824	2,364	1,105
Common Stock	414.69	414.69	414.69	414.69	172.34	172.34
Additional Paid-In Capital	1,613	1,617	1,603	1,603	725.11	725.11
Retained Earnings	-282.76	-163.06	180.6	348.2	309.32	249.57
Treasury Stock	-20.02	-14.72	-	-	-	-
Comprehensive Income & Other	-	-	-	-	-1.26	-
Total Common Equity	1,725	1,854	2,198	2,366	1,206	1,147
Minority Interest	18.76	16.41	36.02	16.85	-0	-
Shareholders' Equity	1,744	1,871	2,234	2,383	1,205	1,147
Total Liabilities & Equity	6,607	7,351	6,665	6,207	3,570	2,252
Total Debt	1,294	1,761	1,272	829.7	251.29	108.56
Net Cash (Debt)	-937.41	-733.08	-246.72	656.76	132.76	674.86
Net Cash Growth	-	-	-	394.69%	-80.33%	416.25%
Net Cash Per Share	-2.27	-1.77	-0.59	1.68	0.43	2.82
Filing Date Shares Outstanding	407.97	412.66	414.69	414.69	310.21	310.21
Total Common Shares Outstanding	407.97	412.66	414.69	414.69	310.21	310.21
Working Capital	-1,142	-1,013	-517.35	53.33	-222.71	714.03
Book Value Per Share	4.23	4.49	5.30	5.71	3.89	3.70
Tangible Book Value	1,519	1,643	2,085	2,292	1,167	1,112
Tangible Book Value Per Share	3.72	3.98	5.03	5.53	3.76	3.58
Buildings	-	748.49	702.72	200.56	111.57	110.3
Machinery	-	2,891	2,578	1,836	1,363	626.28
Construction In Progress	-	394.17	383.56	989.85	228.64	8.17

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