SHE:301307 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	433.09	539.54	428.98	573.18	214.18	332.64
Trading Asset Securities	37.02	-	296.62	-	-	-
Cash & Short-Term Investments	470.11	539.54	725.61	573.18	214.18	332.64
Cash Growth	-16.64%	-25.64%	26.59%	167.61%	-35.61%	181.42%
Accounts Receivable	1,339	1,337	935.95	1,052	887.38	620.49
Other Receivables	11.55	15.91	15.64	25.51	22.96	26.65
Receivables	1,351	1,353	951.59	1,077	910.34	647.14
Inventory	845.71	742.4	592.24	582.62	410.01	362.6
Other Current Assets	40.18	88.01	21.09	16.26	13.44	32.28
Total Current Assets	2,707	2,723	2,291	2,249	1,548	1,375
Property, Plant & Equipment	4,167	3,661	2,941	2,235	1,456	1,345
Long-Term Investments	-	-	-	-	0.5	0.5
Goodwill	1.04	1.04	1.04	1.04	1.04	1.04
Other Intangible Assets	163.16	161.45	162.75	126.17	99.04	102.69
Long-Term Accounts Receivable	12.83	14.05	15.68	28.03	30.21	2.74
Long-Term Deferred Tax Assets	157.01	90.98	39.15	90.98	43.08	53.45
Long-Term Deferred Charges	249.61	204.01	171.12	122.48	102.89	82.76
Other Long-Term Assets	111.41	272.57	76.69	70.36	111.58	15.28
Total Assets	7,568	7,128	5,697	4,923	3,392	2,978
Accounts Payable	1,831	1,735	1,366	1,586	846.72	305.23
Accrued Expenses	78.75	102.16	80.02	86.5	83.47	71.59
Short-Term Debt	790.1	750.78	333.21	576.34	569.21	883.22
Current Portion of Long-Term Debt	526.96	323.62	147.78	73.39	52.64	50.2
Current Portion of Leases	-	15.17	14.76	38.78	55.49	61.53
Current Income Taxes Payable	29.94	-	4.63	0.05	0.05	0.18
Current Unearned Revenue	18.21	22.62	8.65	13.4	7.84	10.37
Other Current Liabilities	26.87	5.23	4.69	5.26	4	5.59
Total Current Liabilities	3,302	2,955	1,960	2,380	1,619	1,388
Long-Term Debt	1,109	824.57	234.57	685.39	192.45	154.98
Long-Term Leases	92.53	113.83	102.44	125.82	109.86	57.27
Long-Term Unearned Revenue	200.79	150.04	131.31	120.67	110.29	109.92
Long-Term Deferred Tax Liabilities	2.53	2.56	1.98	56.82	30.43	36.05
Total Liabilities	4,706	4,046	2,430	3,369	2,062	1,746
Common Stock	210.6	210.6	210.6	157.6	157.6	157.6
Additional Paid-In Capital	2,584	2,584	2,584	1,060	1,060	1,060
Retained Earnings	64.57	279.31	468.41	332.54	108.62	9.3
Comprehensive Income & Other	-1.48	4.07	-	-	-	-
Total Common Equity	2,858	3,078	3,263	1,550	1,326	1,227
Minority Interest	4.34	4.57	4.3	4.33	3.95	4.89
Shareholders' Equity	2,862	3,082	3,267	1,554	1,330	1,232
Total Liabilities & Equity	7,568	7,128	5,697	4,923	3,392	2,978
Total Debt	2,518	2,028	832.76	1,500	979.66	1,207
Net Cash (Debt)	-2,048	-1,488	-107.15	-926.53	-765.47	-874.56
Net Cash Per Share	-9.65	-7.07	-0.56	-5.88	-4.86	-7.15
Filing Date Shares Outstanding	210.6	210.6	210.6	157.6	157.6	157.6
Total Common Shares Outstanding	210.6	210.6	210.6	157.6	157.6	157.6
Working Capital	-595.24	-231.55	330.6	-130.7	-71.46	-13.24
Book Value Per Share	13.57	14.61	15.49	9.83	8.41	7.78
Tangible Book Value	2,693	2,915	3,099	1,423	1,226	1,123
Tangible Book Value Per Share	12.79	13.84	14.72	9.03	7.78	7.13
Land	-	5.89	-	-	-	-
Buildings	-	1,469	957.83	561.1	552.63	550.65
Machinery	-	3,340	2,725	2,062	1,484	1,186
Construction In Progress	-	160.18	322.25	419.39	104.21	36.49

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