SHE:003023 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	718.88	901.76	1,032	798.05	703.93	863.18
Trading Asset Securities	222.66	169.04	30.34	40.43	118.57	-
Cash & Short-Term Investments	941.53	1,071	1,063	838.49	822.5	863.18
Cash Growth	-10.86%	0.77%	26.73%	1.94%	-4.71%	191.63%
Accounts Receivable	34.62	94.26	107.91	174.55	114.06	165.47
Other Receivables	10.56	10.61	9.77	10.42	10.26	12.91
Receivables	45.17	104.87	117.67	184.97	124.32	178.38
Inventory	634.44	559.37	443.96	496.33	546.6	439.39
Prepaid Expenses	-	-	-	-	2.25	2.02
Other Current Assets	36.63	15.69	21.91	24.66	18.44	10.28
Total Current Assets	1,658	1,751	1,646	1,544	1,514	1,493
Property, Plant & Equipment	358.55	363.13	363.31	353.76	331.77	309.19
Long-Term Investments	7.98	7.98	8.19	8.5	1.5	-
Other Intangible Assets	58.22	59.77	62.75	61.24	62.71	64.48
Long-Term Deferred Tax Assets	8.76	6.5	5.03	5.65	5.08	5.33
Long-Term Deferred Charges	0.53	1.24	1.74	1.64	2.48	4.55
Other Long-Term Assets	7.96	9.37	8.16	6.24	2.93	5.16
Total Assets	2,100	2,199	2,095	1,981	1,921	1,882
Accounts Payable	137.25	220.45	156.53	146.92	196.88	149.63
Accrued Expenses	25.69	118.33	126.82	109.02	80.83	127.39
Short-Term Debt	11.94	3.17	-	-	-	8.02
Current Portion of Leases	1.29	0.66	1.16	-	1.33	-
Current Income Taxes Payable	5.53	2.69	4.4	5.12	1.17	1.18
Current Unearned Revenue	269.76	226.64	249.69	231.57	217.28	249.25
Other Current Liabilities	59.14	44.01	44.78	42.76	40.02	41.61
Total Current Liabilities	510.6	615.95	583.39	535.39	537.5	577.07
Long-Term Leases	1.5	0.17	0.6	1.49	0.67	-
Long-Term Unearned Revenue	1.78	1.92	2.09	2.27	2.45	1.05
Long-Term Deferred Tax Liabilities	0.09	0.33	0.45	0.55	0.4	0.6
Total Liabilities	513.98	618.37	586.53	539.69	541.02	578.72
Common Stock	105.34	105.34	105.34	105.34	81.03	81.03
Additional Paid-In Capital	419.69	419.69	419.69	419.69	443.71	433.4
Retained Earnings	1,016	1,015	948.57	881.48	819.24	740.78
Comprehensive Income & Other	6.47	6.11	4.06	3.75	3.07	2.35
Total Common Equity	1,548	1,546	1,478	1,410	1,347	1,258
Minority Interest	37.9	34.38	31.16	31.5	32.52	45.68
Shareholders' Equity	1,586	1,580	1,509	1,442	1,380	1,303
Total Liabilities & Equity	2,100	2,199	2,095	1,981	1,921	1,882
Total Debt	14.73	4	1.76	1.49	2.01	8.02
Net Cash (Debt)	926.8	1,067	1,061	837	820.49	855.16
Net Cash Growth	-12.18%	0.56%	26.75%	2.01%	-4.05%	196.94%
Net Cash Per Share	8.80	10.13	10.07	7.96	7.77	10.81
Filing Date Shares Outstanding	105.34	105.34	105.34	105.34	105.34	105.34
Total Common Shares Outstanding	105.34	105.34	105.34	105.34	105.34	105.34
Working Capital	1,147	1,135	1,063	1,009	976.62	916.19
Book Value Per Share	14.69	14.68	14.03	13.39	12.79	11.94
Tangible Book Value	1,490	1,486	1,415	1,349	1,284	1,193
Tangible Book Value Per Share	14.14	14.11	13.43	12.81	12.19	11.33
Buildings	-	440.67	398.2	393.32	390.94	362.15
Machinery	-	160.91	153.66	150.35	143.61	119.9
Construction In Progress	-	28.81	67.19	43.96	7.9	20.41

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