SHE:001390 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	228.18	173.47	107.4	63.76	52.1	27.55
Cash & Short-Term Investments	377.18	173.47	107.4	63.76	52.1	27.55
Cash Growth	-	61.52%	68.43%	22.39%	89.11%	-15.44%
Accounts Receivable	592.17	306.2	283.58	246.48	159.93	152.98
Other Receivables	5.83	5.73	3.22	4.31	0.46	5.99
Receivables	598	311.93	286.79	250.79	160.39	158.97
Inventory	671.89	570.67	475.86	361.31	308.8	255.37
Prepaid Expenses	-	-	0.3	0.24	0.23	0.23
Other Current Assets	297.26	158.8	121.71	56.03	50.7	38.66
Total Current Assets	1,944	1,215	992.06	732.14	572.22	480.78
Property, Plant & Equipment	166.61	174.06	195.35	199.67	137.7	143.19
Long-Term Investments	1.2	1.2	1.2	1.2	1.2	1.2
Other Intangible Assets	13.58	13.89	14.29	14.48	14.82	15.17
Long-Term Deferred Charges	6.81	8.17	0.88	2.06	2.19	2.36
Other Long-Term Assets	15.35	-	-	0.02	13.1	13.91
Total Assets	2,148	1,412	1,204	949.56	741.23	656.62
Accounts Payable	257.42	234.51	131.7	80.96	25	20.39
Accrued Expenses	1.38	1.88	3.01	6.09	2.74	1.52
Short-Term Debt	130.9	158.12	246.52	204.36	161.06	168.78
Current Portion of Long-Term Debt	25.94	89.49	7.46	23.98	0.07	-
Current Income Taxes Payable	2.05	1.13	-	-	-	-
Current Unearned Revenue	68.51	2.06	2.27	2.38	0.8	4.66
Other Current Liabilities	12.23	1.65	4.33	2.25	3.88	9.64
Total Current Liabilities	498.42	488.84	395.28	320.02	193.54	205
Long-Term Debt	58.75	6	62.4	5	19.94	-
Long-Term Unearned Revenue	3.35	3.65	0.6	0.81	1.03	1.25
Other Long-Term Liabilities	-	-	-	-	-	0.48
Total Liabilities	560.53	498.48	458.28	325.83	214.51	206.72
Common Stock	200	150	150	150	150	150
Additional Paid-In Capital	628.38	143.37	143.37	143.37	143.37	143.37
Retained Earnings	758.96	620.34	452.14	330.36	233.35	156.54
Shareholders' Equity	1,587	913.7	745.51	623.73	526.72	449.9
Total Liabilities & Equity	2,148	1,412	1,204	949.56	741.23	656.62
Total Debt	215.59	253.6	316.38	233.34	181.07	168.78
Net Cash (Debt)	161.59	-80.13	-208.98	-169.58	-128.97	-141.23
Net Cash Per Share	0.97	-0.53	-1.39	-1.14	-0.86	-1.00
Filing Date Shares Outstanding	200	150	150	150	150	141.83
Total Common Shares Outstanding	200	150	150	150	150	141.83
Working Capital	1,446	726.03	596.78	412.12	378.68	275.79
Book Value Per Share	7.94	6.09	4.97	4.16	3.51	3.17
Tangible Book Value	1,574	899.82	731.21	609.25	511.89	434.73
Tangible Book Value Per Share	7.87	6.00	4.87	4.06	3.41	3.07
Buildings	-	-	254.19	190.46	171.9	167.45
Machinery	-	-	33.64	32.82	29.81	29.54
Construction In Progress	-	-	0.66	56.31	1.08	1.7

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