SHE:003009 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	732.36	936.94	1,210	1,290	574.71	666.24
Cash & Short-Term Investments	732.36	936.94	1,210	1,290	574.71	666.24
Cash Growth	-23.42%	-22.56%	-6.18%	124.39%	-13.74%	75.39%
Accounts Receivable	507.37	608.69	660.54	639.3	441.88	373.22
Other Receivables	8.28	33.24	19.96	11.79	8.2	2.51
Receivables	515.65	641.93	680.5	651.45	450.37	375.92
Inventory	499.61	407.95	290.68	293.55	236.59	202.12
Prepaid Expenses	-	1.66	2.7	11.54	9.2	11.22
Other Current Assets	106.68	35.4	46.83	27	14.05	22.06
Total Current Assets	1,854	2,024	2,231	2,273	1,285	1,278
Property, Plant & Equipment	953.22	899.11	664.18	566.41	434.5	338.09
Other Intangible Assets	92.27	94.18	97.12	79.55	80.93	84
Long-Term Accounts Receivable	-	50.07	-	-	-	-
Long-Term Deferred Tax Assets	26.85	20.71	13.31	16.27	4.54	3.71
Long-Term Deferred Charges	0.86	0.91	1.95	1.96	2.94	3.93
Other Long-Term Assets	50.19	22.47	50.56	39.85	59.7	29.95
Total Assets	2,978	3,111	3,058	2,977	1,868	1,737
Accounts Payable	513.15	621.92	577.57	543.51	360.69	314.9
Accrued Expenses	7.62	13.52	15.66	12.95	3.6	6.23
Short-Term Debt	114.07	138.96	200.17	200	-	70
Current Portion of Long-Term Debt	3.74	1.92	1.54	1.36	1	1
Current Portion of Leases	-	2.29	1.49	1.44	2.24	-
Current Income Taxes Payable	4.2	0.22	-	-	0.96	1.45
Current Unearned Revenue	145.34	125.46	48.05	57.58	95.13	73.97
Other Current Liabilities	40	63.34	105.39	153.69	33.6	12.9
Total Current Liabilities	828.12	967.63	949.87	970.52	497.22	480.45
Long-Term Debt	498.15	485.8	469.31	452.68	14.2	15.2
Long-Term Leases	7.97	2.05	1.77	3.2	0.3	-
Long-Term Unearned Revenue	42.38	22.19	11.92	6.82	7.92	7.85
Long-Term Deferred Tax Liabilities	8.44	8.34	9.27	10.59	-	-
Total Liabilities	1,385	1,486	1,442	1,444	519.64	503.5
Common Stock	155.4	155.39	155.39	155.39	155.39	155.39
Additional Paid-In Capital	629.24	629.15	627.23	627.17	625.97	624.17
Retained Earnings	750.67	785.96	779.13	697.57	565.53	453.75
Comprehensive Income & Other	57.31	54.83	53.8	53.21	0.99	0.43
Shareholders' Equity	1,593	1,625	1,616	1,533	1,348	1,234
Total Liabilities & Equity	2,978	3,111	3,058	2,977	1,868	1,737
Total Debt	623.93	631.01	674.28	658.67	17.74	86.2
Net Cash (Debt)	108.43	305.93	535.57	630.91	556.97	580.04
Net Cash Growth	-68.61%	-42.88%	-15.11%	13.28%	-3.98%	380.74%
Net Cash Per Share	0.70	1.97	3.35	3.91	3.60	4.60
Filing Date Shares Outstanding	155.4	155.39	155.39	155.39	155.39	155.39
Total Common Shares Outstanding	155.4	155.39	155.39	155.39	155.39	155.39
Working Capital	1,026	1,056	1,281	1,303	787.71	797.11
Book Value Per Share	10.25	10.46	10.40	9.87	8.67	7.94
Tangible Book Value	1,500	1,531	1,518	1,454	1,267	1,150
Tangible Book Value Per Share	9.66	9.85	9.77	9.36	8.15	7.40
Buildings	-	482.11	348.77	334.47	245.82	244.97
Machinery	-	550.58	457.05	375.22	237.76	222
Construction In Progress	-	120.09	67.24	27.08	98.02	0.14

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