SHE:000017 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	41.92	0.22	0.01	3.81	0.03	0.02
Short-Term Investments	-	80.75	54.13	50.89	33.22	19.87
Cash & Short-Term Investments	41.92	80.97	54.15	54.7	33.25	19.89
Cash Growth	166.57%	49.54%	-1.01%	64.53%	67.17%	227.74%
Accounts Receivable	230.2	233.61	196.29	251.17	46.85	55.03
Other Receivables	0.87	19.69	23.68	0.44	0.49	3.23
Receivables	231.06	253.3	219.98	251.61	47.34	58.26
Inventory	175.06	84.35	81.92	48.21	8.25	7.73
Other Current Assets	6.89	3.06	4.22	39.74	3.11	0.88
Total Current Assets	454.94	421.68	360.26	394.26	91.95	86.76
Property, Plant & Equipment	5.61	6.77	4.1	2.48	4.94	3.79
Long-Term Investments	0.83	0.83	-	-	-	-
Long-Term Deferred Tax Assets	5.13	5.17	4.91	0.12	0.06	0.79
Other Long-Term Assets	-	-	0.4	0.4	0.4	0.4
Total Assets	466.52	434.45	369.68	397.25	97.36	91.74
Accounts Payable	7.81	7.64	6.21	2.88	8.3	9.61
Accrued Expenses	1.85	1.56	8.54	37.77	2.41	2.85
Short-Term Debt	23.8	18.49	9.58	16.5	23.33	6.5
Current Portion of Leases	1.44	1.39	0.85	0.21	1.46	-
Current Income Taxes Payable	6.4	3.7	3.83	1.11	0.03	0.14
Current Unearned Revenue	0.04	4.87	0.63	0.79	0.12	15.25
Other Current Liabilities	38.76	25.46	29.61	32.25	37.49	31.75
Total Current Liabilities	80.1	63.1	59.26	91.52	73.13	66.1
Long-Term Leases	2.36	3.21	1.02	-	0.23	-
Other Long-Term Liabilities	-	-	-	0.89	-	-
Total Liabilities	82.46	66.31	60.28	92.41	73.36	66.1
Common Stock	689.18	689.18	689.18	689.18	551.35	551.35
Additional Paid-In Capital	797.71	169.87	151.72	-	-	-
Retained Earnings	-1,112	-1,143	-1,160	-1,178	-1,170	-1,168
Comprehensive Income & Other	-0.41	627.83	627.83	778.82	627.83	627.83
Total Common Equity	374.29	343.76	308.76	290.13	8.92	10.91
Minority Interest	9.77	24.38	0.64	14.72	15.08	14.74
Shareholders' Equity	384.05	368.14	309.4	304.85	24	25.64
Total Liabilities & Equity	466.52	434.45	369.68	397.25	97.36	91.74
Total Debt	27.6	23.09	11.44	16.71	25.01	6.5
Net Cash (Debt)	14.32	57.88	42.7	37.99	8.23	13.39
Net Cash Growth	-1.18%	35.54%	12.41%	361.37%	-38.50%	-
Net Cash Per Share	0.02	0.08	0.07	0.05	0.02	0.02
Filing Date Shares Outstanding	689.18	689.18	689.18	689.18	551.35	551.35
Total Common Shares Outstanding	689.18	689.18	689.18	689.18	551.35	551.35
Working Capital	374.84	358.58	301.01	302.74	18.82	20.66
Book Value Per Share	0.54	0.50	0.45	0.42	0.02	0.02
Tangible Book Value	374.29	343.76	308.76	290.13	8.92	10.91
Tangible Book Value Per Share	0.54	0.50	0.45	0.42	0.02	0.02
Buildings	-	2.96	2.96	2.96	2.96	2.96
Machinery	-	2.64	1.79	1.74	2.64	2.62

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