SHE:300978 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	472.62	498.86	491.11	786.11	800.72	809.21
Trading Asset Securities	280.55	180.53	81.76	30.82	228.97	21.72
Cash & Short-Term Investments	753.18	679.39	572.87	816.93	1,030	830.93
Cash Growth	1.13%	18.59%	-29.88%	-20.66%	23.92%	72.16%
Accounts Receivable	671.01	731.03	735.14	558.56	569.05	325.73
Other Receivables	25.74	32.59	25.92	30.82	37	23.32
Receivables	696.75	763.62	761.05	589.37	606.05	349.05
Inventory	189.51	219.44	255.86	228.44	316.33	180.82
Prepaid Expenses	-	-	-	-	-	0.26
Other Current Assets	28.79	27.94	37.48	29.72	20.52	12.81
Total Current Assets	1,668	1,690	1,627	1,664	1,973	1,374
Property, Plant & Equipment	661.05	698.05	730.66	634.24	464.87	279.75
Long-Term Investments	80.89	80.98	81.01	80.9	-	-
Goodwill	45.37	45.37	45.37	45.37	45.37	19.85
Other Intangible Assets	128.33	137.75	146.46	149.59	158.16	79.36
Long-Term Deferred Tax Assets	80.44	77.7	76.25	74.74	33.82	18.22
Long-Term Deferred Charges	29.52	32.03	33.81	44.65	17.69	9.91
Other Long-Term Assets	6.42	5.91	16.48	27.27	6.79	2.13
Total Assets	2,700	2,768	2,757	2,721	2,699	1,783
Accounts Payable	431.41	551.13	575.78	337.57	335.01	179.74
Accrued Expenses	50.1	69.42	89.36	60.51	84.46	68.72
Short-Term Debt	327.06	152.89	108.97	411.33	324.74	149.47
Current Portion of Long-Term Debt	10.11	70.59	27.84	15.6	70.94	-
Current Portion of Leases	-	10.7	18.32	23.44	19.11	-
Current Income Taxes Payable	18.54	6.34	5.04	1.96	2.63	6.7
Current Unearned Revenue	15.03	11.81	12.85	23.17	12.33	16.17
Other Current Liabilities	61.37	52.7	95.83	141.53	209.25	13.3
Total Current Liabilities	913.62	925.59	933.99	1,015	1,058	434.1
Long-Term Debt	8.4	61.29	112.81	40.04	10.1	12
Long-Term Leases	30.69	26.38	36.78	54.76	64.94	0.32
Long-Term Unearned Revenue	16.43	19.44	18.18	21.6	25.29	22.88
Long-Term Deferred Tax Liabilities	17.57	16.03	19.05	24.76	14.53	0.93
Other Long-Term Liabilities	-	-	2.55	-	-	-
Total Liabilities	986.71	1,049	1,123	1,156	1,173	470.23
Common Stock	422.7	422.7	422.7	422.7	422.7	380.2
Additional Paid-In Capital	751.29	750.04	748.16	772.45	770.9	510.54
Retained Earnings	471.63	489.24	444.35	367.04	323.79	419.29
Comprehensive Income & Other	0.15	0.15	0.15	0.05	-0.49	-0.34
Total Common Equity	1,646	1,662	1,615	1,562	1,517	1,310
Minority Interest	67.78	57.31	18.57	2.72	9.07	3.19
Shareholders' Equity	1,714	1,719	1,634	1,565	1,526	1,313
Total Liabilities & Equity	2,700	2,768	2,757	2,721	2,699	1,783
Total Debt	376.27	321.86	304.72	545.17	489.83	161.79
Net Cash (Debt)	376.91	357.52	268.15	271.76	539.87	669.14
Net Cash Growth	31.20%	33.33%	-1.33%	-49.66%	-19.32%	65.75%
Net Cash Per Share	0.90	0.86	0.63	0.64	1.30	1.75
Filing Date Shares Outstanding	422.7	422.7	422.7	422.7	422.7	380.2
Total Common Shares Outstanding	422.7	422.7	422.7	422.7	422.7	380.2
Working Capital	754.61	764.8	693.27	649.36	914.14	939.79
Book Value Per Share	3.89	3.93	3.82	3.70	3.59	3.44
Tangible Book Value	1,472	1,479	1,424	1,367	1,313	1,210
Tangible Book Value Per Share	3.48	3.50	3.37	3.23	3.11	3.18
Buildings	-	512.67	491.73	182.63	182.63	-
Machinery	-	543.59	527.91	491.41	459.58	-
Construction In Progress	-	3.28	15.86	231.27	53.2	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.