SHE:300929 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	71.58	70.81	76.89	176.91	226.85	122.93
Trading Asset Securities	9.08	15.08	40.13	48.14	50.21	-
Cash & Short-Term Investments	80.66	85.89	117.02	225.06	277.06	122.93
Cash Growth	-17.25%	-26.60%	-48.00%	-18.77%	125.37%	13.32%
Accounts Receivable	468.98	424.8	426.49	430.57	496.08	590.09
Other Receivables	56.14	49.83	60.33	79.04	66.9	19.63
Receivables	525.12	474.63	486.83	509.61	562.98	609.72
Inventory	69.98	59.55	56.36	62.75	56.75	43.06
Other Current Assets	36.45	41.42	31.65	39.54	75.71	90.61
Total Current Assets	712.2	661.5	691.86	836.95	972.5	866.32
Property, Plant & Equipment	225.33	227.88	217.62	93.62	83.88	68.65
Long-Term Investments	85.01	83.6	77.55	74.75	73.61	86.82
Other Intangible Assets	267.92	281.71	288.21	297.95	218.76	23.99
Long-Term Accounts Receivable	-	10.39	2.89	5.04	11.58	4.21
Long-Term Deferred Tax Assets	29.9	23.96	17.75	18.86	14.85	14.17
Long-Term Deferred Charges	2.81	4.33	5.54	7.42	3.66	8.88
Other Long-Term Assets	464.98	480.26	478.07	489.28	427.6	313.1
Total Assets	1,788	1,774	1,779	1,824	1,806	1,386
Accounts Payable	250.86	267.22	321.54	328.31	362.55	364.43
Accrued Expenses	0.06	13.22	12.08	13.62	8.21	17.19
Short-Term Debt	120.91	83.86	75.08	103.19	130.38	112.45
Current Portion of Long-Term Debt	102.29	63.22	41.96	41.02	27.42	34.92
Current Portion of Leases	-	0.41	0.28	0.69	0.78	10.1
Current Income Taxes Payable	2.02	0.08	1.8	0.8	4.39	6.08
Current Unearned Revenue	19.7	15.53	6.64	32.86	18.19	12.78
Other Current Liabilities	5.53	3.29	1.66	3.61	10.75	3.99
Total Current Liabilities	501.37	446.84	461.04	524.09	562.68	561.94
Long-Term Debt	420.97	466.39	425.16	411.57	399.09	271.8
Long-Term Leases	0.21	0.17	0.03	0.02	0.6	2.66
Long-Term Unearned Revenue	13.12	13.71	13.57	8.76	5.88	6.98
Long-Term Deferred Tax Liabilities	2.51	0.61	1.22	6.34	5.15	3.58
Other Long-Term Liabilities	35.04	30.16	27.94	23.24	18.01	14.35
Total Liabilities	973.21	957.87	928.96	974.03	991.41	861.32
Common Stock	132.13	132.13	132.13	132.13	82.58	61.93
Additional Paid-In Capital	348.82	346.8	346.8	346.8	396.47	179.77
Retained Earnings	318.17	320.02	364.39	363.2	330.09	276.99
Comprehensive Income & Other	5.68	5.68	1.38	0.48	0.8	-
Total Common Equity	804.81	804.63	844.7	842.61	809.95	518.69
Minority Interest	10.14	11.12	5.82	7.25	5.09	6.13
Shareholders' Equity	814.95	815.75	850.52	849.86	815.04	524.82
Total Liabilities & Equity	1,788	1,774	1,779	1,824	1,806	1,386
Total Debt	644.37	614.05	542.5	556.49	558.28	431.93
Net Cash (Debt)	-563.72	-528.15	-425.48	-331.43	-281.22	-309
Net Cash Per Share	-3.39	-4.05	-3.28	-2.50	-2.15	-3.11
Filing Date Shares Outstanding	132.13	132.13	132.13	132.13	132.13	132.13
Total Common Shares Outstanding	132.13	132.13	132.13	132.13	132.13	99.09
Working Capital	210.83	214.66	230.81	312.86	409.82	304.38
Book Value Per Share	6.09	6.09	6.39	6.38	6.13	5.23
Tangible Book Value	536.88	522.93	556.49	544.66	591.19	494.69
Tangible Book Value Per Share	4.06	3.96	4.21	4.12	4.47	4.99
Buildings	-	214.24	139.45	52.69	52.69	52.69
Machinery	-	89.11	62.27	54.96	60.3	59.64
Construction In Progress	-	-	77.95	40.2	21.97	0.27

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