SHE:002968 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	383.1	599.88	615.82	600.05	670.45	676.51
Cash & Short-Term Investments	383.1	599.88	615.82	600.05	670.45	676.51
Cash Growth	0.79%	-2.59%	2.63%	-10.50%	-0.90%	9.54%
Accounts Receivable	923.16	766.15	689.5	481.08	321.21	202.96
Other Receivables	149.4	140.78	142.35	132.74	122.01	86.21
Receivables	1,073	906.93	831.86	613.81	443.22	289.17
Inventory	9.66	7.93	10.54	3.38	6.75	2.36
Prepaid Expenses	-	0.37	0.43	0	0.03	-
Other Current Assets	34.82	22.09	25.36	19	12.87	5.64
Total Current Assets	1,500	1,537	1,484	1,236	1,133	973.67
Property, Plant & Equipment	186.58	188.72	253.86	215.18	180.26	143.64
Long-Term Investments	10.32	44.54	53.36	46.87	32.91	32.91
Goodwill	127.79	127.79	127.79	69.78	40.21	36.89
Other Intangible Assets	88.95	95.52	33.14	5.87	6.84	5.17
Long-Term Accounts Receivable	-	0.98	-	-	-	-
Long-Term Deferred Tax Assets	8.1	6.76	3.52	5.62	7.17	4.19
Long-Term Deferred Charges	1.37	1.02	1.96	2.58	3.01	0.15
Other Long-Term Assets	106.41	93.33	94.57	88.11	49.99	44.03
Total Assets	2,030	2,096	2,052	1,670	1,454	1,241
Accounts Payable	229.85	308.7	270.44	124.95	96.06	81.79
Accrued Expenses	223.67	258.91	271.64	191.1	198.69	168.3
Short-Term Debt	0.78	0.78	4.58	1.57	-	-
Current Portion of Long-Term Debt	17.41	2.99	2.37	0.35	-	-
Current Portion of Leases	-	17.69	14.07	20.17	9.27	3.38
Current Income Taxes Payable	34.95	11.29	10.42	15.5	16.46	15.26
Current Unearned Revenue	22.39	31.82	39.1	35.23	33.1	26.14
Other Current Liabilities	125.93	147.29	165.26	116.78	79.1	77.04
Total Current Liabilities	654.97	779.47	777.88	505.64	432.67	371.92
Long-Term Debt	30.97	30.84	24.5	0.23	-	-
Long-Term Leases	13.15	15.51	16.86	20.64	23.37	5.44
Long-Term Unearned Revenue	6.83	7.05	7.34	7.62	7.91	8.2
Long-Term Deferred Tax Liabilities	5.47	5.46	5.34	4.91	2.38	1.85
Total Liabilities	711.39	838.33	831.92	539.03	466.32	387.41
Common Stock	226.28	226.28	227.76	229.09	162.68	107.46
Additional Paid-In Capital	367.09	368.04	389.42	414.28	449.34	461.64
Retained Earnings	665.21	602.85	574.94	482.87	378.17	271.21
Treasury Stock	-17.07	-15.19	-23.2	-34.08	-26.11	-
Comprehensive Income & Other	24.48	24.74	24.81	24.91	9.99	9.99
Total Common Equity	1,266	1,207	1,194	1,117	974.08	850.3
Minority Interest	52.28	50.82	26.57	14.14	13.31	2.94
Shareholders' Equity	1,318	1,258	1,220	1,131	987.39	853.24
Total Liabilities & Equity	2,030	2,096	2,052	1,670	1,454	1,241
Total Debt	62.31	67.8	62.39	42.95	32.64	8.82
Net Cash (Debt)	320.79	532.08	553.43	557.1	637.81	667.69
Net Cash Growth	2.48%	-3.86%	-0.66%	-12.65%	-4.47%	8.11%
Net Cash Per Share	1.43	2.35	2.45	2.46	2.80	2.94
Filing Date Shares Outstanding	226.28	226.28	227.76	229.09	227.75	225.67
Total Common Shares Outstanding	226.28	226.28	227.76	229.09	227.75	225.67
Working Capital	845.17	757.75	706.14	730.6	700.65	601.75
Book Value Per Share	5.59	5.33	5.24	4.88	4.28	3.77
Tangible Book Value	1,049	983.4	1,033	1,041	927.02	808.24
Tangible Book Value Per Share	4.64	4.35	4.53	4.55	4.07	3.58
Buildings	-	128.66	128.66	124.49	120.71	120.2
Machinery	-	144.03	139.92	99.48	64.48	45.32
Construction In Progress	-	0.61	50.99	21.73	10.85	6.27

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.