SHE:301155 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	587.43	922.81	985.25	1,557	3,535	337.71
Cash & Short-Term Investments	587.43	922.81	985.25	1,557	3,535	337.71
Cash Growth	-38.97%	-6.34%	-36.74%	-55.94%	946.63%	-10.34%
Accounts Receivable	2,862	1,306	1,763	2,072	2,075	905.18
Other Receivables	69.37	74.47	14.47	18.83	13.4	7.43
Receivables	2,931	1,381	1,778	2,091	2,089	912.61
Inventory	1,586	2,053	867.3	636.22	260.34	1,581
Other Current Assets	402.19	656.55	384.84	144.45	71.12	397.36
Total Current Assets	5,507	5,013	4,015	4,429	5,955	3,229
Property, Plant & Equipment	2,524	2,424	1,771	1,108	579.45	440.92
Long-Term Investments	1,547	1,447	1,346	1,160	160.17	19.5
Other Intangible Assets	333.33	299.31	306.28	243.84	82.91	62.6
Long-Term Deferred Tax Assets	138.54	150.92	91.52	64.57	37.41	31.2
Long-Term Deferred Charges	5.08	5.25	4.9	6.71	9.64	12.84
Other Long-Term Assets	158.86	180.3	190.78	85.5	90.77	87.97
Total Assets	10,215	9,520	7,726	7,097	6,915	3,884
Accounts Payable	1,519	1,408	1,164	1,118	718.69	1,197
Accrued Expenses	21.28	28.38	23.49	24.13	28.03	27.94
Short-Term Debt	971.55	840.27	345.19	100.01	135.18	353.38
Current Portion of Long-Term Debt	442.24	248.19	290.25	-	6.09	11.19
Current Portion of Leases	-	107.53	77.08	53.79	59.1	-
Current Income Taxes Payable	35.92	4.93	2.08	18.36	99.31	56.38
Current Unearned Revenue	355.69	681.08	72.4	15.12	34.93	695.78
Other Current Liabilities	259.19	185.51	86.36	8.73	146.73	155.18
Total Current Liabilities	3,605	3,504	2,061	1,338	1,228	2,496
Long-Term Debt	499.48	258.89	-	-	45	84
Long-Term Leases	1.66	0.27	29.72	56.98	6.34	-
Long-Term Unearned Revenue	64.17	64.5	47.16	49.12	49.72	34.85
Long-Term Deferred Tax Liabilities	52.06	46.03	-	0.04	-	-
Total Liabilities	4,222	3,874	2,138	1,445	1,329	2,615
Common Stock	217.39	217.39	217.39	217.39	217.39	163.04
Additional Paid-In Capital	3,134	3,134	3,134	3,134	3,166	98.27
Retained Earnings	2,243	1,916	1,850	1,960	1,949	835.67
Comprehensive Income & Other	156.51	138.09	143.48	99.77	18.14	-
Total Common Equity	5,751	5,406	5,345	5,411	5,350	1,097
Minority Interest	241.43	240.62	243.08	241.52	235.31	171.51
Shareholders' Equity	5,993	5,646	5,588	5,652	5,586	1,268
Total Liabilities & Equity	10,215	9,520	7,726	7,097	6,915	3,884
Total Debt	1,915	1,455	742.24	210.79	251.71	448.57
Net Cash (Debt)	-1,327	-532.34	243.01	1,347	3,283	-110.87
Net Cash Growth	-	-	-81.95%	-58.98%	-	-
Net Cash Per Share	-6.00	-2.42	1.13	6.18	19.58	-0.68
Filing Date Shares Outstanding	217.39	217.39	217.39	217.39	217.39	163.04
Total Common Shares Outstanding	217.39	217.39	217.39	217.39	217.39	163.04
Working Capital	1,902	1,509	1,954	3,090	4,726	732.32
Book Value Per Share	26.46	24.87	24.59	24.89	24.61	6.73
Tangible Book Value	5,418	5,106	5,039	5,167	5,268	1,034
Tangible Book Value Per Share	24.92	23.49	23.18	23.77	24.23	6.34
Buildings	-	1,353	836.08	487.52	212.01	179.21
Machinery	-	1,179	729.42	536.51	350.46	326.62
Construction In Progress	-	265.35	414.61	186.93	128.03	21.32

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