SHE:301075 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	253.44	262.13	405.27	425.76	610.93	104.49
Trading Asset Securities	80	141.68	77.57	80	-	-
Cash & Short-Term Investments	333.44	403.81	482.84	505.76	610.93	104.49
Cash Growth	-16.00%	-16.37%	-4.53%	-17.21%	484.67%	9.31%
Accounts Receivable	82.78	107.94	85.51	92.3	100.33	104.63
Other Receivables	10.5	19.55	11.2	7.88	2.28	3.7
Receivables	93.28	127.49	96.7	100.18	102.6	108.33
Inventory	65	45.85	33.13	32.77	9.82	14.83
Prepaid Expenses	-	0	0.05	0.06	0.06	-
Other Current Assets	68.53	53.61	36.23	8.66	5.64	10.81
Total Current Assets	560.25	630.75	648.95	647.43	729.05	238.46
Property, Plant & Equipment	649.92	652.8	209.8	110.68	103.41	112.12
Long-Term Investments	108.9	108.18	155.36	112.62	-	-
Goodwill	19.04	19.22	3.69	-	-	-
Other Intangible Assets	77.58	78.48	34.19	21.24	16.85	17.32
Long-Term Deferred Tax Assets	2.9	3.09	1.25	0.78	0.65	0.54
Long-Term Deferred Charges	4.29	2.84	2.7	0.33	1.46	2.58
Other Long-Term Assets	24.47	39.64	16.33	5.8	-	-
Total Assets	1,447	1,535	1,072	898.87	851.42	371.01
Accounts Payable	70.89	58.14	26.77	12.13	23.01	65.48
Accrued Expenses	3.87	9	8.58	13.09	10.46	17.34
Short-Term Debt	97.74	275.54	50.13	100.06	20	35.05
Current Portion of Long-Term Debt	70.24	115.21	11.01	-	-	-
Current Portion of Leases	-	3.03	0.6	0.29	0.48	-
Current Income Taxes Payable	0.91	1.26	2.41	1.35	2.87	4.5
Current Unearned Revenue	4.87	2.78	5.08	4.16	3.72	5.6
Other Current Liabilities	232.45	44.41	24.6	13.49	2.25	2.3
Total Current Liabilities	480.96	509.37	129.18	144.57	62.79	130.28
Long-Term Debt	197	137.5	118.08	-	-	-
Long-Term Leases	5.94	7.21	0.31	0.88	-	-
Long-Term Unearned Revenue	102.42	106.9	2.12	-	-	-
Long-Term Deferred Tax Liabilities	20.36	20.54	0.9	-	-	-
Total Liabilities	806.67	781.52	250.59	145.45	62.79	130.28
Common Stock	80	80	80	80	80	60
Additional Paid-In Capital	506.85	506.94	509.22	509.5	520.5	58.45
Retained Earnings	29.92	109.64	182.17	163.32	192.42	123.91
Treasury Stock	-20.99	-20.99	-	-	-	-
Comprehensive Income & Other	1.14	1.14	0.68	-1.3	-	-
Total Common Equity	596.91	676.73	772.06	751.53	792.92	242.36
Minority Interest	43.77	76.74	49.61	1.89	-4.28	-1.64
Shareholders' Equity	640.68	753.47	821.68	753.41	788.63	240.72
Total Liabilities & Equity	1,447	1,535	1,072	898.87	851.42	371.01
Total Debt	370.91	538.5	180.12	101.24	20.48	35.05
Net Cash (Debt)	-37.48	-134.69	302.72	404.53	590.45	69.44
Net Cash Growth	-	-	-25.17%	-31.49%	750.31%	14.74%
Net Cash Per Share	-0.48	-1.70	3.85	5.13	9.05	1.15
Filing Date Shares Outstanding	80.24	78.96	80	80	80	60
Total Common Shares Outstanding	80.24	78.96	80	80	80	60
Working Capital	79.29	121.38	519.77	502.85	666.26	108.18
Book Value Per Share	7.44	8.57	9.65	9.39	9.91	4.04
Tangible Book Value	500.29	579.04	734.19	730.29	776.06	225.05
Tangible Book Value Per Share	6.23	7.33	9.18	9.13	9.70	3.75
Buildings	-	506.96	167.55	117.46	103.71	158.86
Machinery	-	251.45	126.2	63.47	60.37	-
Construction In Progress	-	5.67	9.08	3.94	0.36	1.92

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