SHE:003004 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	176.27	265.71	380.28	193.12	224.67	308.71
Trading Asset Securities	-	5.32	18.1	-	35.23	16.53
Cash & Short-Term Investments	176.27	271.04	398.38	193.12	259.9	325.25
Cash Growth	-35.29%	-31.97%	106.29%	-25.69%	-20.09%	192.40%
Accounts Receivable	354.6	381.56	323.3	292.46	261.27	263.38
Other Receivables	14.36	6.5	4.84	6	9.28	5.18
Receivables	368.95	388.06	328.14	298.46	270.55	268.56
Inventory	112.69	48.61	33.39	30.4	21.22	13.86
Prepaid Expenses	-	2.23	1.3	0.55	0.77	1.1
Other Current Assets	38.94	23.2	18.81	21.49	29.09	25.06
Total Current Assets	696.85	733.14	780.02	544.02	581.52	633.83
Property, Plant & Equipment	353.4	334.44	264.39	257.48	253.52	224.46
Long-Term Investments	30.82	23.88	17.38	16.17	-	-
Goodwill	48.61	1.44	-	-	-	-
Other Intangible Assets	111.05	84.41	60.51	62.08	7.87	8.19
Long-Term Deferred Tax Assets	19.06	18.01	15.86	10.23	9.2	6.9
Long-Term Deferred Charges	1.51	0.13	0.24	0.38	1.04	0.48
Other Long-Term Assets	6.52	6.41	29.35	13.48	15.81	18.71
Total Assets	1,268	1,202	1,168	903.85	868.97	892.57
Accounts Payable	112.26	164.26	102.04	106.05	115.36	94.32
Accrued Expenses	17.57	18.31	10.09	14.69	14.89	18.65
Short-Term Debt	122.61	31.82	16	29.84	-	56
Current Income Taxes Payable	1.2	0.13	4.04	2.03	4.17	2.94
Current Unearned Revenue	44.88	4.01	2.52	13.45	4.08	1.91
Other Current Liabilities	23.61	15.6	2.15	3.47	17.53	2.92
Total Current Liabilities	322.13	234.14	136.82	169.52	156.03	176.74
Long-Term Debt	249.71	235.66	217.02	-	-	-
Long-Term Unearned Revenue	0.17	0.11	1.76	2.64	2.11	0.03
Long-Term Deferred Tax Liabilities	4.36	0.01	0.03	-	0.03	0
Other Long-Term Liabilities	2.3	-	-	-	0.06	3.51
Total Liabilities	580.75	469.92	355.63	172.17	158.23	180.28
Common Stock	81.86	81.85	81.84	81.84	81.84	81.84
Additional Paid-In Capital	358.98	358.78	358.51	360.89	360.05	364.67
Retained Earnings	226.53	230.32	297.77	289.07	268.93	253.47
Treasury Stock	-25.03	-12.6	-	-	-	-
Comprehensive Income & Other	74.18	74.23	74.31	-	-	-
Total Common Equity	716.51	732.59	812.43	731.79	710.82	699.98
Minority Interest	-29.45	-0.65	-0.31	-0.11	-0.09	12.31
Shareholders' Equity	687.06	731.94	812.12	731.69	710.73	712.29
Total Liabilities & Equity	1,268	1,202	1,168	903.85	868.97	892.57
Total Debt	374.39	267.48	233.02	29.84	-	56
Net Cash (Debt)	-198.12	3.56	165.36	163.28	259.9	269.25
Net Cash Growth	-	-97.85%	1.28%	-37.18%	-3.47%	748.49%
Net Cash Per Share	-2.43	0.04	2.04	2.01	3.18	4.27
Filing Date Shares Outstanding	80.72	81.23	81.23	81.84	81.84	81.84
Total Common Shares Outstanding	80.72	81.23	81.84	81.84	81.84	81.84
Working Capital	374.72	499.01	643.19	374.5	425.49	457.09
Book Value Per Share	8.88	9.02	9.93	8.94	8.69	8.55
Tangible Book Value	556.86	646.75	751.92	669.71	702.96	691.79
Tangible Book Value Per Share	6.90	7.96	9.19	8.18	8.59	8.45
Buildings	-	241.27	241.27	241.27	239.75	-
Machinery	-	30.52	35.75	31.86	28.01	20.96
Construction In Progress	-	100.74	18.85	7.4	-	218.35

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