SHE:003005 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	171.15	1,065	830.14	816.93	676.97	929.29
Trading Asset Securities	876.7	96.47	6.68	16.7	260.44	150
Cash & Short-Term Investments	1,048	1,162	836.83	833.64	937.4	1,079
Cash Growth	36.34%	38.84%	0.38%	-11.07%	-13.15%	292.55%
Accounts Receivable	257.25	329.41	273.8	317.14	371.86	298.11
Other Receivables	27.01	25.01	33.17	32	40.76	70.53
Receivables	284.26	354.42	306.97	349.13	412.62	368.64
Inventory	178.98	127.66	141.49	110.37	143.69	161.94
Other Current Assets	37.08	33.45	31.08	24.21	16.28	19.78
Total Current Assets	1,548	1,677	1,316	1,317	1,510	1,630
Property, Plant & Equipment	429.51	428.48	409.39	389.58	292.33	116.7
Long-Term Investments	22.63	22.72	23.32	26.09	22.73	6.72
Goodwill	1.72	1.72	-	-	-	-
Other Intangible Assets	89.17	91.76	85.82	84.89	85.71	87.45
Long-Term Accounts Receivable	13.57	16.37	9.35	16.1	17.36	23.33
Long-Term Deferred Tax Assets	28.28	28.7	24.92	19.78	14.58	9.96
Long-Term Deferred Charges	25.68	13.51	4.73	2.74	0.01	0.82
Other Long-Term Assets	-	-	-	-	1.38	0.34
Total Assets	2,159	2,281	1,874	1,857	1,944	1,875
Accounts Payable	164.2	209.34	227.51	224.13	269.73	256.23
Accrued Expenses	13.67	64.93	63.8	54.55	63.7	71
Short-Term Debt	-	-	-	-	29.45	15
Current Portion of Leases	9.32	6.91	6.01	5.26	5.37	-
Current Income Taxes Payable	24.93	4.48	0.08	1.88	6.54	0.9
Current Unearned Revenue	103.61	70.48	55.97	59.14	80.03	134.96
Other Current Liabilities	30.79	26.53	24.75	4.06	4.07	5.61
Total Current Liabilities	346.51	382.68	378.11	349.02	458.9	483.71
Long-Term Leases	11.63	11.47	3.52	5.61	2.92	-
Long-Term Deferred Tax Liabilities	-	2.77	1.55	1.7	-	-
Other Long-Term Liabilities	3.36	-	-	20.41	20.22	15.81
Total Liabilities	361.49	396.92	383.18	376.74	482.04	499.52
Common Stock	231.39	165.28	148.4	148.4	106	106
Additional Paid-In Capital	1,009	1,075	740.65	740.65	783.05	783.05
Retained Earnings	556.81	643.3	600.61	590.49	572.16	484.9
Total Common Equity	1,797	1,884	1,490	1,480	1,461	1,374
Minority Interest	-	-	1.05	0.25	0.84	1.51
Shareholders' Equity	1,797	1,884	1,491	1,480	1,462	1,375
Total Liabilities & Equity	2,159	2,281	1,874	1,857	1,944	1,875
Total Debt	20.94	18.38	9.53	10.86	37.75	15
Net Cash (Debt)	1,027	1,143	827.3	822.77	899.66	1,064
Net Cash Growth	36.69%	38.22%	0.55%	-8.55%	-15.47%	344.99%
Net Cash Per Share	3.78	5.45	3.98	4.75	4.33	6.30
Filing Date Shares Outstanding	231.39	231.39	207.76	207.76	207.76	207.76
Total Common Shares Outstanding	231.39	231.39	207.76	207.76	207.76	207.76
Working Capital	1,202	1,295	938.25	968.33	1,051	1,146
Book Value Per Share	7.77	8.14	7.17	7.12	7.03	6.61
Tangible Book Value	1,706	1,790	1,404	1,395	1,375	1,287
Tangible Book Value Per Share	7.37	7.74	6.76	6.71	6.62	6.19
Buildings	-	401.12	369.15	132.42	132.42	87.9
Machinery	-	38.58	31.06	28.52	29.55	18.94
Construction In Progress	-	15.16	31.84	241.23	138.72	23.08
Order Backlog	-	450	-	-	-	-

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