SHE:301126 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	508.8	619.85	649.4	543	748.07	228.98	Upgrade
Trading Asset Securities	-	-	-	100	-	-	Upgrade
Cash & Short-Term Investments	508.8	619.85	649.4	643	748.07	228.98	Upgrade
Cash Growth	26.42%	-4.55%	1.00%	-14.05%	226.70%	41.28%	Upgrade
Accounts Receivable	2,183	1,817	1,693	1,538	1,447	1,225	Upgrade
Other Receivables	276.06	98.33	98	118.06	110.83	89.91	Upgrade
Receivables	2,459	1,915	1,791	1,656	1,558	1,315	Upgrade
Inventory	921.38	858.29	629.11	433.21	250.28	286.59	Upgrade
Prepaid Expenses	-	4.21	1.62	2.55	0.18	-	Upgrade
Other Current Assets	370.45	314.13	243.29	276.96	90.49	69.79	Upgrade
Total Current Assets	4,260	3,711	3,314	3,011	2,647	1,900	Upgrade
Property, Plant & Equipment	959.76	964.08	719.81	529.1	285.59	232.01	Upgrade
Long-Term Investments	65.7	123.6	122.53	20	-	-	Upgrade
Goodwill	1,269	1,117	717.93	174.41	-	-	Upgrade
Other Intangible Assets	130.13	135.72	138.17	103.55	25.83	26.25	Upgrade
Long-Term Deferred Tax Assets	55.85	42.73	30.09	13.77	9.79	7.66	Upgrade
Long-Term Deferred Charges	46.28	48.34	36.96	30.46	18.48	5.57	Upgrade
Other Long-Term Assets	11.23	35.01	198.1	48.72	7.82	0.86	Upgrade
Total Assets	6,797	6,178	5,278	3,931	2,994	2,173	Upgrade
Accounts Payable	1,039	707.18	496.21	367.64	413.7	327.96	Upgrade
Accrued Expenses	32.56	50.7	43.97	39.51	26.92	26.24	Upgrade
Short-Term Debt	2,237	1,884	1,521	1,198	589.25	585.53	Upgrade
Current Portion of Long-Term Debt	377.76	299.09	65.16	86.6	4	13.67	Upgrade
Current Portion of Leases	-	83.3	48.09	26.99	9.91	-	Upgrade
Current Income Taxes Payable	40.35	22.22	17.32	25.49	30.34	21.66	Upgrade
Current Unearned Revenue	61.42	71.89	21.16	10.97	76.13	58.61	Upgrade
Other Current Liabilities	119.59	185.72	341.21	59.01	14.67	10.65	Upgrade
Total Current Liabilities	3,907	3,305	2,555	1,814	1,165	1,044	Upgrade
Long-Term Debt	863.78	885.85	833.75	211.46	106.14	86.12	Upgrade
Long-Term Leases	148.01	133.49	105.62	87.24	44.11	-	Upgrade
Long-Term Unearned Revenue	15.65	0.04	0.09	-	-	-	Upgrade
Long-Term Deferred Tax Liabilities	5.63	5.51	1.98	1.18	-	-	Upgrade
Total Liabilities	4,940	4,329	3,496	2,114	1,315	1,130	Upgrade
Common Stock	205.4	205.4	206.51	206.51	206.51	154.88	Upgrade
Additional Paid-In Capital	980.94	980.94	989.84	994.55	994.55	476.71	Upgrade
Retained Earnings	556.22	567.9	549.58	521.27	478.09	410.51	Upgrade
Comprehensive Income & Other	2.54	2.54	1.3	-	-	-	Upgrade
Total Common Equity	1,745	1,757	1,747	1,722	1,679	1,042	Upgrade
Minority Interest	111.53	91.92	34.42	94.9	-	-	Upgrade
Shareholders' Equity	1,857	1,849	1,782	1,817	1,679	1,042	Upgrade
Total Liabilities & Equity	6,797	6,178	5,278	3,931	2,994	2,173	Upgrade
Total Debt	3,626	3,286	2,574	1,610	753.41	685.32	Upgrade
Net Cash (Debt)	-3,118	-2,666	-1,925	-967.4	-5.34	-456.34	Upgrade
Net Cash Per Share	-15.17	-13.04	-9.54	-4.73	-0.03	-2.96	Upgrade
Filing Date Shares Outstanding	205.4	205.4	206.51	206.51	206.51	154.88	Upgrade
Total Common Shares Outstanding	205.4	205.4	206.51	206.51	206.51	154.88	Upgrade
Working Capital	352.19	406.8	759.51	1,197	1,482	855.87	Upgrade
Book Value Per Share	8.50	8.55	8.46	8.34	8.13	6.73	Upgrade
Tangible Book Value	346.4	503.76	891.13	1,444	1,653	1,016	Upgrade
Tangible Book Value Per Share	1.69	2.45	4.32	6.99	8.01	6.56	Upgrade
Buildings	-	696.23	413.71	368.48	255.49	245.15	Upgrade
Machinery	-	219.73	149.73	115.06	34.84	27.71	Upgrade
Construction In Progress	-	25.63	151.68	26.4	1.64	10.01	Upgrade

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