SHE:001299 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	169.84	346.07	930.44	745.31	127.08	82.32
Short-Term Investments	-	267	-	-	-	130
Trading Asset Securities	329.61	361.96	99.07	222.48	263.15	100.26
Accounts Receivable	21.93	9.59	19.82	22.33	17.32	12.68
Other Receivables	0.98	1.02	0.8	1.14	0.92	1.59
Inventory	14.47	13.52	14.18	12.32	18.72	21.98
Prepaid Expenses	-	35.8	34.76	-	28.44	27.05
Other Current Assets	311.21	41.1	37.44	43.8	11.23	10.1
Total Current Assets	848.05	1,076	1,137	1,047	466.85	385.97
Property, Plant & Equipment	581.37	535.03	471.27	445.47	431.7	415.25
Other Intangible Assets	34.57	34.56	32.67	26.26	27.3	28.25
Long-Term Investments	121.32	118.5	109.58	95.39	93.36	75.24
Long-Term Deferred Tax Assets	1.5	1.44	1.25	0.95	0.52	0.27
Other Long-Term Assets	0.93	0.94	2.38	3.49	1.83	1.91
Total Assets	1,589	1,767	1,754	1,619	1,022	906.89
Accounts Payable	39.42	36.22	35.9	41.03	24.77	28.83
Accrued Expenses	7.24	10.18	7.36	9.55	6.44	6.53
Current Unearned Revenue	301.68	349.51	341.13	280.75	262.03	247.8
Current Portion of Leases	2.47	1.74	0.42	1.22	1.19	-
Current Income Taxes Payable	5.27	6.77	5.92	7.12	4.4	5.97
Other Current Liabilities	40.02	48.71	44.22	43.38	37.68	35.9
Total Current Liabilities	396.1	453.12	434.94	383.06	336.5	325.02
Long-Term Leases	1.89	4.14	0.4	0.49	1.63	-
Long-Term Unearned Revenue	9.05	9.45	5.49	5.53	3.9	4.15
Long-Term Deferred Tax Liabilities	0.03	-	0.39	0.03	-	-
Other Long-Term Liabilities	-	-	-	0.94	0.26	-
Total Liabilities	407.07	466.71	441.23	390.05	342.29	329.17
Common Stock	242.64	187.58	187.58	187.58	140.68	140.68
Additional Paid-In Capital	453.11	508.17	508.17	508.17	98.85	98.85
Retained Earnings	512.26	629.37	598.08	516.27	422.09	320.6
Treasury Stock	-46.29	-46.29	-	-	-	-
Comprehensive Income & Other	19.88	19.78	16.83	14.76	15.34	17.6
Total Common Equity	1,182	1,299	1,311	1,227	676.96	577.73
Minority Interest	-	1.23	1.77	2.11	2.32	-
Shareholders' Equity	1,182	1,300	1,312	1,229	679.28	577.73
Total Liabilities & Equity	1,589	1,767	1,754	1,619	1,022	906.89
Total Debt	4.36	5.88	0.82	1.72	2.82	-
Net Cash (Debt)	495.09	969.15	1,029	966.07	387.4	312.58
Net Cash Growth	-17.08%	-5.79%	6.48%	149.37%	23.94%	35.71%
Net Cash Per Share	1.74	4.01	4.26	4.97	2.11	1.70
Filing Date Shares Outstanding	238.59	238.59	243.85	243.85	183.27	182.88
Total Common Shares Outstanding	238.59	238.59	243.85	243.85	183.27	182.88
Working Capital	451.95	622.94	701.58	664.32	130.35	60.95
Book Value Per Share	4.95	5.44	5.37	5.03	3.69	3.16
Tangible Book Value	1,147	1,264	1,278	1,201	649.66	549.47
Tangible Book Value Per Share	4.81	5.30	5.24	4.92	3.54	3.00
Buildings	-	86.71	86.28	85.83	83.91	82.39
Machinery	-	73.56	73.22	70.79	69.18	60.38
Construction In Progress	-	75.23	39.79	11.38	15.36	21.3

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