SHE:301030 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	303.28	431.79	999.13	521.7	498.66	490.92
Cash & Short-Term Investments	303.28	431.79	999.13	521.7	498.66	490.92
Cash Growth	-58.42%	-56.78%	91.51%	4.62%	1.57%	5.63%
Accounts Receivable	1,767	2,610	2,685	1,461	992.32	852.75
Other Receivables	101.48	134.74	65.75	23.42	13.71	11.53
Receivables	1,868	2,745	2,751	1,485	1,006	864.28
Inventory	2,640	2,568	1,785	879.79	585.22	191.68
Other Current Assets	914.86	804.45	1,105	445.86	173.49	106.76
Total Current Assets	5,727	6,549	6,640	3,332	2,263	1,654
Property, Plant & Equipment	3,078	3,137	380.64	368.1	107.01	103.41
Long-Term Investments	6.91	0.67	0.75	0.8	0.87	-
Goodwill	-	-	-	-	2.38	2.38
Other Intangible Assets	58.93	48.06	35.47	34.31	19.61	10.44
Long-Term Accounts Receivable	-	103.09	19.46	9.96	18.12	21.72
Long-Term Deferred Tax Assets	599.04	538.32	92.11	81.15	21.63	17.38
Long-Term Deferred Charges	26.16	27.69	3.89	5.08	1.58	2
Other Long-Term Assets	94.42	78.57	592.14	0.27	-	-
Total Assets	9,590	10,482	7,765	3,832	2,435	1,811
Accounts Payable	2,410	2,586	2,411	693.9	460.32	477.42
Accrued Expenses	46.96	74.07	107.76	42.54	28.78	30.72
Short-Term Debt	1,191	1,096	1,071	1,063	645.64	300.62
Current Portion of Long-Term Debt	632.58	525.37	222.2	174.54	17.14	25.3
Current Portion of Leases	-	98.5	-	6.72	-	1.8
Current Income Taxes Payable	6.83	27.26	62.84	7.37	5.21	12.57
Current Unearned Revenue	455.08	1,209	768.29	79.96	88.74	13.33
Other Current Liabilities	707.08	712.16	106.73	43.71	7.28	2.39
Total Current Liabilities	5,449	6,329	4,750	2,112	1,253	864.15
Long-Term Debt	1,230	1,461	1,027	320.5	149.14	85.29
Long-Term Leases	1,028	1,023	-	185.23	-	0.01
Long-Term Unearned Revenue	644.13	83.97	25.63	1.12	1	0.82
Long-Term Deferred Tax Liabilities	259.68	272.9	5.84	51.03	-	-
Other Long-Term Liabilities	102.03	226.72	70.13	7.99	-	0.22
Total Liabilities	8,713	9,397	5,878	2,678	1,403	950.5
Common Stock	202.38	201.61	143.65	133.33	133.33	100
Additional Paid-In Capital	1,089	1,074	1,080	594.56	576.41	467.88
Retained Earnings	-408.95	-183.41	630.15	413.51	316.48	258.3
Treasury Stock	-41	-41	-	-	-	-
Total Common Equity	841.09	1,051	1,854	1,141	1,026	826.18
Minority Interest	36.42	34.89	33.38	12.28	5.11	34.29
Shareholders' Equity	877.51	1,086	1,887	1,154	1,031	860.47
Total Liabilities & Equity	9,590	10,482	7,765	3,832	2,435	1,811
Total Debt	4,081	4,204	2,320	1,750	811.92	413.03
Net Cash (Debt)	-3,778	-3,773	-1,321	-1,229	-313.26	77.89
Net Cash Growth	-	-	-	-	-	-47.40%
Net Cash Per Share	-21.16	-21.27	-6.75	-6.60	-1.96	0.55
Filing Date Shares Outstanding	201.25	109.98	201.11	186.67	186.67	140
Total Common Shares Outstanding	201.25	109.98	201.11	186.67	186.67	140
Working Capital	277.05	220.45	1,891	1,220	1,010	789.49
Book Value Per Share	4.18	9.55	9.22	6.11	5.50	5.90
Tangible Book Value	782.16	1,003	1,818	1,107	1,004	813.36
Tangible Book Value Per Share	3.89	9.12	9.04	5.93	5.38	5.81
Buildings	-	262.49	262.11	103.18	97.41	-
Machinery	-	1,245	96.79	76.07	28.8	-
Construction In Progress	-	596.84	61.01	23.69	-	-

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