SHE:001229 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	461.17	407.91	526.39	491.73	34.5	64.64
Trading Asset Securities	20	143.31	90.86	145.3	57	103.5
Cash & Short-Term Investments	481.17	551.22	617.25	637.04	91.5	168.14
Cash Growth	-10.23%	-10.70%	-3.11%	596.22%	-45.58%	76.55%
Accounts Receivable	67.57	85.37	80.53	69.27	68.72	46.13
Other Receivables	1.27	1.45	1.85	1.67	1.27	1.16
Receivables	68.84	86.82	82.38	70.93	69.99	47.29
Inventory	28.21	28.08	27.27	34.91	28.85	21.59
Other Current Assets	21.41	13.05	10.11	3.75	5.06	1.61
Total Current Assets	599.64	679.17	737.02	746.63	195.4	238.64
Property, Plant & Equipment	199.23	154.99	154.63	74.96	30.99	18.59
Other Intangible Assets	139.08	131.09	155.45	159.29	163.12	3.63
Long-Term Deferred Tax Assets	2.83	3.81	2.77	2.09	1.71	1.38
Long-Term Deferred Charges	8.34	7	0.59	0.51	0.47	0.99
Other Long-Term Assets	94.09	91.63	0.36	-	-	-
Total Assets	1,043	1,068	1,051	983.47	391.68	263.22
Accounts Payable	10.3	12.19	12.28	8.51	6.81	1.93
Accrued Expenses	3.88	16.16	19.66	16.36	17.62	15.07
Short-Term Debt	-	-	-	-	9.95	-
Current Portion of Long-Term Debt	-	-	-	0.06	-	-
Current Portion of Leases	1.36	1.29	2.4	2.98	3.49	-
Current Income Taxes Payable	7.17	3.11	2.98	4.55	6.88	5.87
Current Unearned Revenue	24.74	2.53	4.07	8.36	6.56	8.71
Other Current Liabilities	20.43	38.04	34.28	21.04	4.01	0.86
Total Current Liabilities	67.87	73.32	75.67	61.87	55.33	32.44
Long-Term Leases	0.95	0.57	1.51	1.07	2.12	-
Other Long-Term Liabilities	1.22	1.05	0.89	1.27	1.63	1.21
Total Liabilities	70.03	74.93	78.07	64.2	59.08	33.65
Common Stock	100	100	100	100	75	75
Additional Paid-In Capital	575.91	575.91	575.91	569.53	92.65	86.43
Retained Earnings	297.05	316.85	296.84	249.74	164.95	68.14
Shareholders' Equity	973.17	992.76	972.75	919.27	332.6	229.57
Total Liabilities & Equity	1,043	1,068	1,051	983.47	391.68	263.22
Total Debt	2.3	1.86	3.91	4.11	15.56	-
Net Cash (Debt)	478.87	549.37	613.34	632.92	75.94	168.14
Net Cash Growth	-10.30%	-10.43%	-3.09%	733.42%	-54.83%	76.55%
Net Cash Per Share	4.78	5.49	6.13	7.61	1.01	2.23
Filing Date Shares Outstanding	100	100	100	100	75	75
Total Common Shares Outstanding	100	100	100	100	75	75
Working Capital	531.77	605.85	661.34	684.76	140.07	206.2
Book Value Per Share	9.73	9.93	9.73	9.19	4.43	3.06
Tangible Book Value	833.87	861.67	817.3	759.98	169.48	225.95
Tangible Book Value Per Share	8.34	8.62	8.17	7.60	2.26	3.01
Buildings	-	126.94	17.68	17.68	17.68	17.68
Machinery	-	13.85	6.8	6.15	6.03	5.46
Construction In Progress	-	22.46	134.27	54.29	7.58	-

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