SHE:300975 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	621.43	497.98	453.63	312.74	361.48	141.35
Trading Asset Securities	0.11	0.75	5.48	25.82	84.51	13.27
Cash & Short-Term Investments	621.54	498.73	459.12	338.56	445.99	154.62
Cash Growth	82.89%	8.63%	35.61%	-24.09%	188.44%	-8.88%
Accounts Receivable	3,759	2,652	1,807	1,753	1,790	1,054
Other Receivables	47.43	47.08	29.95	45.21	45.46	41.69
Receivables	3,807	2,699	1,837	1,799	1,836	1,095
Inventory	1,303	1,161	877.28	885.38	663.67	355.46
Prepaid Expenses	-	0.42	0.4	0.34	0.33	-
Other Current Assets	1,058	959.58	384.34	778	148.56	107.11
Total Current Assets	6,789	5,319	3,559	3,801	3,094	1,713
Property, Plant & Equipment	278.8	288.99	307.54	259.52	118.8	26.21
Long-Term Investments	162.57	166.23	161.03	102.37	43.39	-
Other Intangible Assets	27.51	28.81	24.16	24.25	25.01	24.35
Long-Term Deferred Tax Assets	102	77.27	59.71	51.03	36.27	22.05
Long-Term Deferred Charges	0.63	0.85	1.79	2.31	1.39	0.65
Other Long-Term Assets	1.3	0.26	5.38	5.18	5.22	2.12
Total Assets	7,362	5,881	4,118	4,246	3,325	1,788
Accounts Payable	922.63	826.04	510.21	411.75	313.26	269.8
Accrued Expenses	55.45	96.18	79.83	64.5	79.15	39.59
Short-Term Debt	2,949	1,753	880.09	930.56	1,320	326.43
Current Portion of Long-Term Debt	-	-	0.29	0.2	-	-
Current Portion of Leases	6.05	5.83	6.38	5.83	4.74	-
Current Income Taxes Payable	91.86	17.02	6.39	18.9	25.55	16.31
Current Unearned Revenue	875.31	854.11	404.93	579.1	18.27	13.09
Other Current Liabilities	115.25	92.44	42.15	88.26	4.21	1.59
Total Current Liabilities	5,016	3,645	1,930	2,099	1,766	666.8
Long-Term Debt	-	5.31	387.71	374.65	5.24	-
Long-Term Leases	4.43	6.38	11.93	14.02	2.5	-
Long-Term Unearned Revenue	7.97	8.18	8.47	6.85	6.85	-
Long-Term Deferred Tax Liabilities	38.89	33.74	32.36	30.39	21.6	15.53
Other Long-Term Liabilities	2.02	1.94	1.6	1.86	1.55	2.26
Total Liabilities	5,069	3,700	2,372	2,527	1,803	684.59
Common Stock	687.01	687.01	630.41	630	420	369.6
Additional Paid-In Capital	435.94	435.94	85.86	80.26	290.25	109.56
Retained Earnings	1,159	1,026	962.57	942.52	825.34	625.18
Treasury Stock	-25.48	-25.48	-15.02	-	-	-
Comprehensive Income & Other	21.28	41.51	52.99	50.5	-14.26	-1.3
Total Common Equity	2,278	2,165	1,717	1,703	1,521	1,103
Minority Interest	15.17	15.91	29	15.45	-0.03	0.43
Shareholders' Equity	2,293	2,181	1,746	1,719	1,521	1,103
Total Liabilities & Equity	7,362	5,881	4,118	4,246	3,325	1,788
Total Debt	2,959	1,771	1,286	1,325	1,333	326.43
Net Cash (Debt)	-2,338	-1,272	-827.29	-986.69	-886.82	-171.81
Net Cash Per Share	-3.40	-1.91	-1.31	-1.57	-1.47	-0.31
Filing Date Shares Outstanding	683.38	683.38	628.53	630	630	630
Total Common Shares Outstanding	683.38	683.38	628.53	630	630	554.4
Working Capital	1,773	1,674	1,628	1,702	1,329	1,046
Book Value Per Share	3.33	3.17	2.73	2.70	2.41	1.99
Tangible Book Value	2,250	2,136	1,693	1,679	1,496	1,079
Tangible Book Value Per Share	3.29	3.13	2.69	2.67	2.38	1.95
Buildings	-	294.25	294.12	147.37	34.49	26.89
Machinery	-	18.96	18.97	12.92	9.01	7.91
Construction In Progress	-	-	-	94.42	78.78	-

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