SHE:003043 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 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	543.64	241.05	555.45	657.37	175.76	93.55
Trading Asset Securities	79.54	300.42	230.34	301.08	-	18
Cash & Short-Term Investments	623.18	541.47	785.8	958.46	175.76	111.55
Cash Growth	-15.68%	-31.09%	-18.01%	445.32%	57.56%	56.70%
Accounts Receivable	496.19	397.6	164.84	183.7	141.57	154.6
Other Receivables	8.73	11.82	4.5	3.99	0.58	1.99
Receivables	504.92	409.43	169.34	187.69	142.15	156.59
Inventory	337.03	388.41	93.71	103.81	51.36	47.11
Other Current Assets	43.55	41.37	3.22	4.3	5.89	2.4
Total Current Assets	1,509	1,381	1,052	1,254	375.16	317.66
Property, Plant & Equipment	582.94	572.39	316.85	146.55	79.46	84.03
Long-Term Investments	24	493.94	26	12	-	-
Goodwill	260.27	260.27	-	-	-	-
Other Intangible Assets	84.86	93.34	27.21	27.75	18.21	19.19
Long-Term Accounts Receivable	-	5.82	-	-	-	-
Long-Term Deferred Tax Assets	21.06	15.78	8.84	4.31	3.96	3.34
Long-Term Deferred Charges	6.63	4.26	1.41	1.17	4.23	4.01
Other Long-Term Assets	402.03	77.97	98.93	61.87	0.67	0.89
Total Assets	2,890	2,904	1,531	1,508	481.7	429.11
Accounts Payable	303.4	306.28	83.25	135.13	61.02	58.83
Accrued Expenses	24.73	37.91	19.59	27.92	13.03	9.63
Short-Term Debt	-	-	-	-	-	10.01
Current Portion of Leases	5.51	5.13	5.51	2.44	-	-
Current Income Taxes Payable	16.6	8.26	3.49	8.97	2.63	2.51
Current Unearned Revenue	231.83	293.4	0.75	0.74	0.7	0.19
Other Current Liabilities	40.39	45.58	1	6.55	4.5	1.91
Total Current Liabilities	622.45	696.55	113.59	181.74	81.88	83.09
Long-Term Debt	256.5	263.17	243.04	224.11	-	-
Long-Term Leases	16.02	19.35	24.28	7.96	-	-
Long-Term Deferred Tax Liabilities	13.64	22.29	10.88	10.47	-	-
Other Long-Term Liabilities	3.24	3.82	-	-	-	-
Total Liabilities	911.84	1,005	391.8	424.28	81.88	83.09
Common Stock	133.99	95.03	80	80	60	60
Additional Paid-In Capital	1,058	1,059	493.63	493.6	164.01	164.01
Retained Earnings	551.26	529.1	468.36	412.24	174.92	121.1
Treasury Stock	-16.76	-24.89	-	-	-	-
Comprehensive Income & Other	89.34	97.3	96.58	96.8	-	-
Total Common Equity	1,816	1,756	1,139	1,083	398.93	345.11
Minority Interest	162.59	143.74	0.94	0.98	0.89	0.92
Shareholders' Equity	1,979	1,899	1,140	1,084	399.82	346.03
Total Liabilities & Equity	2,890	2,904	1,531	1,508	481.7	429.11
Total Debt	278.02	287.65	272.84	234.5	-	10.01
Net Cash (Debt)	345.16	253.82	512.96	723.95	175.76	101.54
Net Cash Growth	-23.52%	-50.52%	-29.14%	311.90%	73.10%	98.37%
Net Cash Per Share	2.19	2.13	4.45	6.47	2.10	1.20
Filing Date Shares Outstanding	133.99	133.04	112	111.97	84	84.33
Total Common Shares Outstanding	133.99	133.04	112	111.97	84	84.33
Working Capital	886.23	684.13	938.47	1,073	293.28	234.57
Book Value Per Share	13.55	13.20	10.17	9.67	4.75	4.09
Tangible Book Value	1,471	1,402	1,111	1,055	380.72	325.92
Tangible Book Value Per Share	10.98	10.54	9.92	9.42	4.53	3.87
Buildings	-	427.13	59.48	59.48	60.39	60.39
Machinery	-	169.7	145.27	141.96	113.3	108.58
Construction In Progress	-	86.82	202.65	49.35	0.03	0.03

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