SHE:301500 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	785.26	1,106	384.56	213.74	272.25	175.78
Short-Term Investments	-	-	-	-	12.59	40.99
Trading Asset Securities	-	-	0.75	-	-	110.87
Cash & Short-Term Investments	785.26	1,106	385.31	213.74	284.84	327.64
Cash Growth	-27.44%	187.04%	80.27%	-24.96%	-13.06%	-25.70%
Accounts Receivable	94.06	169.17	105.9	86.47	143.83	169.76
Other Receivables	188.5	245.06	293.52	262.95	223.88	96.16
Receivables	282.56	414.22	399.42	349.42	367.7	265.93
Inventory	4,924	4,123	3,288	2,083	2,002	1,151
Other Current Assets	463.8	228	310.98	151.39	160.17	64.67
Total Current Assets	6,455	5,872	4,383	2,798	2,814	1,809
Property, Plant & Equipment	6,145	6,224	5,737	4,246	2,480	1,406
Long-Term Investments	53.86	51.82	51.09	52.86	51.91	16.19
Other Intangible Assets	390.28	389.12	398.52	350.49	237.45	181.26
Long-Term Accounts Receivable	-	-	-	-	7.25	-
Long-Term Deferred Tax Assets	19.66	22.43	13.5	12.84	7.69	7.3
Long-Term Deferred Charges	3.41	4.78	4.88	8.08	10.65	12.48
Other Long-Term Assets	31.99	13.46	16.74	121.48	212.93	127.27
Total Assets	13,100	12,577	10,606	7,589	5,822	3,559
Accounts Payable	1,486	403.83	60.73	274.63	325.57	97.42
Accrued Expenses	42.54	141.91	101.93	70.95	68.75	40.66
Short-Term Debt	3,672	3,689	2,430	1,990	1,298	410.96
Current Portion of Long-Term Debt	619.04	521.85	190.41	120.86	-	-
Current Portion of Leases	-	21.98	1.82	33.52	93.32	-
Current Income Taxes Payable	19.95	0.36	0.41	8.83	0.41	48.55
Current Unearned Revenue	107.87	40.57	6.09	17.23	19.98	62.49
Other Current Liabilities	88.04	904.75	1,080	837.74	507.63	372.23
Total Current Liabilities	6,035	5,724	3,871	3,354	2,313	1,032
Long-Term Debt	1,982	1,946	2,087	629.79	-	-
Long-Term Leases	72.32	97.28	22.23	65.7	226.28	-
Long-Term Unearned Revenue	67.93	59.69	58.98	57.93	61.78	46.87
Long-Term Deferred Tax Liabilities	2.9	3.09	3.39	3.34	-	-
Total Liabilities	8,160	7,831	6,043	4,110	2,601	1,079
Common Stock	562.94	402.1	400.01	360	360	360
Additional Paid-In Capital	1,500	1,652	1,633	783.51	937.09	937.09
Retained Earnings	2,529	2,381	2,252	2,072	1,860	1,140
Treasury Stock	-17.52	-17.79	-	-	-	-
Comprehensive Income & Other	113.47	100.7	95.97	93.47	68.48	45.25
Total Common Equity	4,687	4,517	4,382	3,309	3,225	2,483
Minority Interest	251.86	228.72	181.08	169.24	-4.67	-2.76
Shareholders' Equity	4,939	4,746	4,563	3,478	3,221	2,480
Total Liabilities & Equity	13,100	12,577	10,606	7,589	5,822	3,559
Total Debt	6,345	6,276	4,731	2,840	1,617	410.96
Net Cash (Debt)	-5,560	-5,170	-4,346	-2,626	-1,332	-83.32
Net Cash Per Share	-9.89	-9.23	-8.39	-5.21	-2.64	-0.17
Filing Date Shares Outstanding	562.94	562.94	560.01	504	504.02	504
Total Common Shares Outstanding	562.94	562.94	560.01	504	504.02	504
Working Capital	419.74	147.16	511.85	-556.04	501.16	776.53
Book Value Per Share	8.33	8.02	7.82	6.57	6.40	4.93
Tangible Book Value	4,297	4,128	3,983	2,959	2,988	2,302
Tangible Book Value Per Share	7.63	7.33	7.11	5.87	5.93	4.57
Buildings	-	3,188	2,587	934.16	808.91	-
Machinery	-	3,024	1,501	993.08	859.89	-
Construction In Progress	-	893.1	2,207	2,703	1,070	-

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