SHE:001279 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	558.5	321.61	131.87	187.95	61.2	18
Trading Asset Securities	100.23	110	-	-	3.02	0.26
Cash & Short-Term Investments	658.74	431.61	131.87	187.95	64.22	18.26
Cash Growth	336.10%	227.29%	-29.84%	192.65%	251.69%	14.69%
Accounts Receivable	477.85	465.31	458.55	474.47	488.3	375.17
Other Receivables	3.87	10.19	5.27	6.79	7.2	1.04
Receivables	481.72	475.51	463.82	481.26	495.5	376.21
Inventory	155.93	200.64	171.94	176.44	169.71	108.98
Prepaid Expenses	-	-	4.16	1.95	0.57	-
Other Current Assets	31.61	6.24	16.62	22.02	9.19	1.44
Total Current Assets	1,328	1,114	788.42	869.61	739.2	504.89
Property, Plant & Equipment	167.79	130.09	131.05	137.52	152.2	132.76
Long-Term Investments	16.98	13.08	10.52	9	8.66	0.07
Other Intangible Assets	12.35	12.6	11.97	12.27	10.61	10.69
Long-Term Deferred Tax Assets	3.13	2.77	2.95	2.98	2.66	2.46
Long-Term Deferred Charges	1.96	2.86	4.8	6.96	2.78	1.48
Other Long-Term Assets	129.37	8.62	1.61	4.1	2.95	5.01
Total Assets	1,660	1,284	951.32	1,042	919.05	657.36
Accounts Payable	558.36	121.28	101.23	201.5	99.22	134.16
Accrued Expenses	4.29	19.58	17.88	23.76	21.73	7.81
Short-Term Debt	34.69	-	40.03	118.4	157.49	30.79
Current Portion of Leases	4.91	2.87	2.76	2.77	3.07	-
Current Income Taxes Payable	2.09	1.89	4.47	1.56	2.1	3.08
Current Unearned Revenue	5.84	7.69	15.63	12.61	16.48	2.74
Other Current Liabilities	29.07	148.2	196.19	215.64	257.2	262.68
Total Current Liabilities	639.26	301.51	378.19	576.23	557.29	441.27
Long-Term Leases	10.46	4.1	7.36	1.99	4.45	-
Long-Term Unearned Revenue	2.13	2.48	2.95	3.46	4.01	2.95
Total Liabilities	651.84	308.09	388.5	581.69	565.75	444.22
Common Stock	160	160	120	120	120	43.25
Additional Paid-In Capital	491.51	485.09	194.3	185.73	177.17	0.5
Retained Earnings	356.4	330.84	248.52	155.02	56.13	169.39
Shareholders' Equity	1,008	975.93	562.82	460.76	353.3	213.15
Total Liabilities & Equity	1,660	1,284	951.32	1,042	919.05	657.36
Total Debt	50.05	6.97	50.16	123.16	165.01	30.79
Net Cash (Debt)	608.68	424.64	81.71	64.78	-100.79	-12.53
Net Cash Growth	491.15%	419.66%	26.13%	-	-	-
Net Cash Per Share	3.89	3.35	0.68	0.54	-0.89	-0.29
Filing Date Shares Outstanding	160	160	120	120	120	43.25
Total Common Shares Outstanding	160	160	120	120	120	43.25
Working Capital	688.75	812.49	410.23	293.38	181.9	63.62
Book Value Per Share	6.30	6.10	4.69	3.84	2.94	4.93
Tangible Book Value	995.56	963.33	550.86	448.49	342.69	202.46
Tangible Book Value Per Share	6.22	6.02	4.59	3.74	2.86	4.68
Buildings	-	75.16	75.16	75.37	75.37	55.95
Machinery	-	160.98	148.65	146.22	154.49	133.93
Construction In Progress	-	5.86	3.95	1.45	1.38	13.15

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