SHE:003003 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	118.52	128.57	220.32	93.63	249.61	62.51
Short-Term Investments	69.96	28.44	-	-	-	-
Trading Asset Securities	240.42	169.77	138.83	54.05	106.75	433.53
Cash & Short-Term Investments	428.9	326.78	359.15	147.68	356.37	496.04
Cash Growth	21.64%	-9.01%	143.19%	-58.56%	-28.16%	165.01%
Accounts Receivable	157.23	186.22	223.83	312.04	291.46	190.54
Other Receivables	17.4	6.16	7	0.4	13.95	10.89
Receivables	174.63	192.38	230.83	312.44	305.41	201.43
Inventory	155.63	169.5	204.01	265.66	323.35	220.09
Prepaid Expenses	-	0.6	0.77	0.93	5.02	6.99
Other Current Assets	71.43	51.54	63.19	146.61	104.06	108.77
Total Current Assets	830.59	740.8	857.96	873.31	1,094	1,033
Property, Plant & Equipment	598.54	619.57	646.59	639.53	641.74	431.99
Long-Term Investments	-	193.82	20.29	-	-	-
Other Intangible Assets	86.05	88.09	90.38	92.57	95	97.71
Long-Term Deferred Tax Assets	14.33	14.95	14.98	20.62	11.8	4.67
Long-Term Deferred Charges	0.77	0.42	0.37	0.68	1.47	0.11
Other Long-Term Assets	266.4	20.15	13.17	30.45	13.24	15.77
Total Assets	1,797	1,678	1,644	1,657	1,857	1,584
Accounts Payable	161.96	101.59	123.95	148.3	261.36	153.74
Accrued Expenses	11.57	16.84	16.93	13.56	12.07	22.41
Short-Term Debt	251.01	212.8	119.55	130.6	176.16	30
Current Portion of Long-Term Debt	-	-	59.87	0.16	-	-
Current Portion of Leases	0.29	0.02	0.29	1.93	5.37	-
Current Income Taxes Payable	9.5	0.74	1.07	2.32	0.24	0.08
Current Unearned Revenue	12.63	12.78	13.32	25.72	12.66	15.63
Other Current Liabilities	22.59	17.57	18.04	28.09	8.99	6.6
Total Current Liabilities	469.55	362.35	353.02	350.68	476.84	228.46
Long-Term Debt	-	-	-	59.85	127	112
Long-Term Leases	0.11	-	0.02	0.17	1.05	-
Long-Term Unearned Revenue	26.3	28.11	30.54	31.59	14.9	7.55
Long-Term Deferred Tax Liabilities	8.81	10.01	9.8	12.22	14.87	12.6
Total Liabilities	504.77	400.47	393.38	454.51	634.67	360.62
Common Stock	176.8	176.8	176.96	177	176.72	176.72
Additional Paid-In Capital	685.57	685.26	686.35	685.9	684.42	684.65
Retained Earnings	449.65	434.87	388.51	338.38	359.42	360.92
Treasury Stock	-19.63	-19.63	-1.41	-1.66	-	-
Comprehensive Income & Other	0.16	0.21	0.17	0.17	-0.15	-0.06
Total Common Equity	1,293	1,278	1,251	1,200	1,220	1,222
Minority Interest	-0.62	-0.19	-0.23	2.84	2.37	0.72
Shareholders' Equity	1,292	1,277	1,250	1,203	1,223	1,223
Total Liabilities & Equity	1,797	1,678	1,644	1,657	1,857	1,584
Total Debt	251.41	212.82	179.74	192.71	309.58	142
Net Cash (Debt)	177.49	113.96	179.41	-45.03	46.79	354.04
Net Cash Growth	-	-36.48%	-	-	-86.78%	149.02%
Net Cash Per Share	1.01	0.64	1.00	-0.27	0.27	2.47
Filing Date Shares Outstanding	174.45	174.45	176.96	141.41	176.72	176.72
Total Common Shares Outstanding	174.45	174.45	176.96	141.41	176.72	176.72
Working Capital	361.04	378.45	504.94	522.63	617.36	804.85
Book Value Per Share	7.41	7.32	7.07	8.48	6.91	6.92
Tangible Book Value	1,206	1,189	1,160	1,107	1,125	1,125
Tangible Book Value Per Share	6.92	6.82	6.56	7.83	6.37	6.36
Buildings	-	511.43	493.55	415.61	332.95	194.85
Machinery	-	297.54	320.87	334.51	306.87	220.34
Construction In Progress	-	21.89	23.04	41.53	102.13	87.92

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