SHE:001239 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	426.33	338.75	618.21	20.4	68.3	92.16
Trading Asset Securities	222.36	270.19	-	2.24	4.86	-
Cash & Short-Term Investments	648.69	608.94	618.21	22.65	73.16	92.16
Cash Growth	27.34%	-1.50%	2629.80%	-69.05%	-20.61%	43.98%
Accounts Receivable	1,531	1,559	694.24	437.29	314.6	320.94
Other Receivables	7.17	6.85	4.16	4.55	5.78	6.12
Receivables	1,538	1,566	698.41	441.84	320.38	327.06
Inventory	910.62	674.08	330.6	313.24	355.55	256.42
Prepaid Expenses	-	-	-	-	-	0.08
Other Current Assets	65.94	126.27	16.18	7.4	8.7	40.39
Total Current Assets	3,163	2,975	1,663	785.13	757.8	716.11
Property, Plant & Equipment	659.76	661.02	328.13	305.53	281.72	241.08
Other Intangible Assets	138.78	143.78	40.11	41.41	43.26	43.27
Long-Term Accounts Receivable	-	112.92	73.21	77.42	63.58	62.27
Long-Term Deferred Tax Assets	29.48	24	10.27	10.15	9.78	7.23
Long-Term Deferred Charges	4.46	6.06	2.47	2.46	3.12	-
Other Long-Term Assets	139.04	18.4	11	6.32	11.37	6.91
Total Assets	4,135	3,941	2,129	1,228	1,171	1,077
Accounts Payable	487.76	546.76	208.37	167.33	200.1	276.72
Accrued Expenses	24.01	43.91	22.19	27.18	18.36	28.41
Short-Term Debt	324	324.32	98.08	24.62	70.43	289.5
Current Portion of Long-Term Debt	149.25	256.44	116.88	247.38	4.15	0.44
Current Portion of Leases	-	-	2.93	2.79	4.56	2.39
Current Income Taxes Payable	31.31	12.33	17.6	1.42	18.57	8.87
Current Unearned Revenue	2.96	2.66	0.45	1.09	1.21	4.96
Other Current Liabilities	215.24	166.12	17.51	12.75	52.74	66.23
Total Current Liabilities	1,235	1,353	484.01	484.56	370.12	677.52
Long-Term Debt	727.98	540.28	350.32	177.01	330.12	45.1
Long-Term Leases	-	-	5.43	8.69	11.18	0.96
Long-Term Unearned Revenue	73.34	53.85	41.23	46.17	51.11	43.62
Long-Term Deferred Tax Liabilities	42.18	54.48	19.41	12.92	0.53	-
Other Long-Term Liabilities	2.72	15.76	4.98	3.64	5.03	2.85
Total Liabilities	2,081	2,017	905.38	732.98	768.09	770.05
Common Stock	240	240	240	180	180	180
Additional Paid-In Capital	779.49	779.49	779.49	203.29	203.29	56.35
Retained Earnings	354.79	282.84	203.76	112.54	19.23	70.61
Comprehensive Income & Other	3.86	4.44	-0.06	-0.39	0.02	-0.13
Total Common Equity	1,378	1,307	1,223	495.44	402.55	306.83
Minority Interest	675.64	617.41	-	-	-	-
Shareholders' Equity	2,054	1,924	1,223	495.44	402.55	306.83
Total Liabilities & Equity	4,135	3,941	2,129	1,228	1,171	1,077
Total Debt	1,201	1,121	573.64	460.48	420.44	338.39
Net Cash (Debt)	-552.54	-512.11	44.57	-437.84	-347.28	-246.23
Net Cash Per Share	-2.30	-2.13	0.25	-2.43	-1.93	-
Filing Date Shares Outstanding	240	240	240	180	180	-
Total Common Shares Outstanding	240	240	240	180	180	-
Working Capital	1,928	1,622	1,179	300.58	387.68	38.59
Book Value Per Share	5.74	5.44	5.10	2.75	2.24	-
Tangible Book Value	1,239	1,163	1,183	454.02	359.29	263.56
Tangible Book Value Per Share	5.16	4.85	4.93	2.52	2.00	-
Buildings	-	415.7	148.34	138.6	137.83	122.84
Machinery	-	806.24	381.35	353.61	312.77	275.14
Construction In Progress	-	15.32	26.17	9.29	2.09	8.06

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