SHE:002985 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	264.93	404.99	752.49	714.63	1,145	722.12
Trading Asset Securities	-	-	30.09	-	-	-
Cash & Short-Term Investments	264.93	404.99	782.58	714.63	1,145	722.12
Cash Growth	28.49%	-48.25%	9.51%	-37.59%	58.57%	129.73%
Accounts Receivable	1,546	1,712	1,999	1,970	1,670	1,194
Other Receivables	3.76	3.64	3.16	1.28	0.69	0.69
Receivables	1,550	1,716	2,002	1,971	1,671	1,195
Inventory	1,002	889.63	719.96	543.77	364.54	217.12
Other Current Assets	48.42	56.31	75.63	53.58	21.94	12.58
Total Current Assets	2,866	3,067	3,581	3,283	3,203	2,147
Property, Plant & Equipment	570.12	610	617.83	523.68	380.88	280.59
Long-Term Investments	-	-	-	-	3.5	-
Goodwill	185.13	185.13	194.27	194.27	194.27	194.07
Other Intangible Assets	51.66	52.79	54.68	56.44	57.27	56.92
Long-Term Deferred Tax Assets	94.75	91.84	70.22	49.28	42.91	30.76
Long-Term Deferred Charges	10.59	12.31	19.98	22.19	13.11	7.97
Other Long-Term Assets	45.02	22.76	38.31	61.14	52.93	8.46
Total Assets	3,823	4,041	4,576	4,190	3,947	2,725
Accounts Payable	729.29	580.24	527.32	382.36	308.36	201.44
Accrued Expenses	12.66	7.35	23.31	40.41	53.9	46.03
Short-Term Debt	-	33.65	-	-	28.4	10.07
Current Portion of Long-Term Debt	8.91	6.22	-	-	-	-
Current Portion of Leases	-	10.19	12.06	9.56	6.16	-
Current Income Taxes Payable	9.2	5.84	4.61	4.26	64.05	33.18
Current Unearned Revenue	4.78	5.78	4.4	1.32	68.67	0.88
Other Current Liabilities	316.03	480.43	80.41	79.29	690.88	111.56
Total Current Liabilities	1,081	1,130	652.12	517.19	1,220	403.16
Long-Term Debt	-	292.5	-	-	-	-
Long-Term Leases	32.44	33.91	41.58	53.29	22.9	-
Long-Term Unearned Revenue	45.65	46.48	47.58	48.68	50.02	51.36
Long-Term Deferred Tax Liabilities	0.41	0.36	0.08	0.27	-	-
Other Long-Term Liabilities	-26.57	-26	-	-	-	-
Total Liabilities	1,133	1,477	741.36	619.43	1,293	454.52
Common Stock	331.85	331.85	331.85	331.85	255.27	150.16
Additional Paid-In Capital	836.44	836.44	1,436	1,434	1,267	1,265
Retained Earnings	1,420	1,301	1,391	1,173	909.28	637.13
Comprehensive Income & Other	27.78	27.63	27.24	23.52	19.76	16.05
Total Common Equity	2,617	2,496	3,185	2,963	2,452	2,069
Minority Interest	73.74	67.95	649.25	607.74	202.39	202.3
Shareholders' Equity	2,690	2,564	3,835	3,570	2,654	2,271
Total Liabilities & Equity	3,823	4,041	4,576	4,190	3,947	2,725
Total Debt	41.35	376.47	53.64	62.85	57.46	10.07
Net Cash (Debt)	223.58	28.53	728.94	651.77	1,088	712.05
Net Cash Growth	-	-96.09%	11.84%	-40.07%	52.75%	126.52%
Net Cash Per Share	0.69	0.09	2.21	1.97	3.27	2.34
Filing Date Shares Outstanding	331.85	331.85	331.85	331.85	331.85	331.85
Total Common Shares Outstanding	331.85	331.85	331.85	331.85	331.85	331.85
Working Capital	1,785	1,937	2,928	2,766	1,982	1,743
Book Value Per Share	7.88	7.52	9.60	8.93	7.39	6.23
Tangible Book Value	2,380	2,259	2,936	2,712	2,200	1,818
Tangible Book Value Per Share	7.17	6.81	8.85	8.17	6.63	5.48
Buildings	-	87.57	50.85	50.85	48.59	46.5
Machinery	-	798.2	705.97	585.49	380.27	226.21
Construction In Progress	-	34.27	111.18	60.31	122.5	167.54

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