SHE:001228 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	1,057	793.9	1,108	713.12	222.44	92.67
Trading Asset Securities	19.39	54.39	125	50	-	-
Cash & Short-Term Investments	1,076	848.28	1,233	763.12	222.44	92.67
Cash Growth	83.40%	-31.19%	61.54%	243.07%	140.04%	-27.18%
Accounts Receivable	763.63	742.18	512.84	420.39	488.05	225.63
Other Receivables	131.58	22.72	29.67	30.49	14.32	12.99
Receivables	895.21	764.9	542.52	450.88	502.37	238.62
Inventory	587.89	255.56	179.02	5.01	10.85	2.11
Other Current Assets	255.62	385.49	433.73	78.33	17.82	18.23
Total Current Assets	2,815	2,254	2,388	1,297	753.47	351.63
Property, Plant & Equipment	855.52	687.59	591.21	359.61	213.24	197.53
Long-Term Investments	119.86	114.27	173.3	44.98	3.36	2.3
Goodwill	226.31	226.31	224.22	155.44	140.07	140.62
Other Intangible Assets	391.71	387.58	383.33	287.06	168.96	167.27
Long-Term Accounts Receivable	24.05	30.49	13.09	-	-	2.37
Long-Term Deferred Tax Assets	52.59	48.1	28.71	13.33	12.12	8.35
Long-Term Deferred Charges	4.81	3.27	4.6	1.9	1.35	0.85
Other Long-Term Assets	71.63	75.08	111.67	33.35	25.78	32.57
Total Assets	4,561	3,827	3,918	2,193	1,318	903.48
Accounts Payable	571.45	686.24	1,253	188.25	292.61	119.24
Accrued Expenses	37.61	42.31	39.69	42.22	27.95	17.13
Short-Term Debt	1,530	904.99	342.53	105.08	176.02	151.29
Current Portion of Long-Term Debt	31.02	23.17	-	-	-	1.42
Current Portion of Leases	-	7.74	8.5	4.48	3.84	-
Current Income Taxes Payable	29.89	23.89	15.68	24.22	20.34	6.54
Current Unearned Revenue	170.28	77.26	111.56	6.96	5.55	0.89
Other Current Liabilities	73.51	90.7	87.96	39.16	12.76	10.35
Total Current Liabilities	2,444	1,856	1,859	410.38	539.07	306.86
Long-Term Debt	98.69	46.08	65.26	-	-	-
Long-Term Leases	119.77	50.17	56.2	12.7	8.93	-
Long-Term Deferred Tax Liabilities	54.35	55.22	59.35	28.84	15.16	15.78
Other Long-Term Liabilities	1.14	1.11	-	-	-	-
Total Liabilities	2,718	2,009	2,040	451.93	563.16	322.65
Common Stock	103.86	103.86	103.86	103.86	77.89	77.89
Additional Paid-In Capital	918.96	916.04	916.04	916.04	280.93	280.93
Retained Earnings	788.31	722.59	732.94	614.14	351.71	184.17
Treasury Stock	-101.11	-51	-	-	-	-
Comprehensive Income & Other	-	-	0.97	-	-	-
Total Common Equity	1,710	1,691	1,754	1,634	710.54	542.99
Minority Interest	133.24	126.54	124.72	107.02	44.65	37.84
Shareholders' Equity	1,843	1,818	1,879	1,741	755.19	580.84
Total Liabilities & Equity	4,561	3,827	3,918	2,193	1,318	903.48
Total Debt	1,780	1,032	472.49	122.26	188.78	152.71
Net Cash (Debt)	-703.71	-183.86	760.24	640.86	33.65	-60.04
Net Cash Growth	-	-	18.63%	1804.29%	-	-
Net Cash Per Share	-6.96	-1.80	7.30	6.74	0.43	-0.77
Filing Date Shares Outstanding	99.31	101.58	102.47	103.86	77.34	77.89
Total Common Shares Outstanding	99.31	101.58	103.86	103.86	77.34	77.89
Working Capital	370.73	397.93	529.21	886.94	214.4	44.76
Book Value Per Share	17.22	16.65	16.89	15.73	9.19	6.97
Tangible Book Value	1,092	1,078	1,146	1,192	401.51	235.1
Tangible Book Value Per Share	11.00	10.61	11.04	11.47	5.19	3.02
Buildings	-	494.74	479.32	371.6	203.15	199.97
Machinery	-	365.94	248.41	109.16	78.85	68.5
Construction In Progress	-	51.6	50.24	8.65	7.39	2.16

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