SHE:300029 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	6.44	18.94	41.8	14.52	14.97	0.74
Cash & Short-Term Investments	6.44	18.94	41.8	14.52	14.97	0.74
Cash Growth	-58.43%	-54.68%	187.88%	-2.98%	1926.68%	-72.00%
Accounts Receivable	174.22	168.52	288.44	178.71	193.65	101.75
Other Receivables	3	3.58	4.55	13.17	7.38	2.71
Receivables	177.22	172.1	292.98	191.88	201.03	104.47
Inventory	23.21	15.83	16.27	10.75	10.32	25.44
Other Current Assets	71.53	14.53	7.01	3.62	70.19	4.68
Total Current Assets	278.4	221.41	358.06	220.77	296.5	135.32
Property, Plant & Equipment	1.61	1.01	0.81	0.49	3.18	62.42
Other Intangible Assets	0	0.01	0.01	0.01	0.02	10.39
Long-Term Accounts Receivable	3.26	3.26	4.56	5.86	6.19	-
Long-Term Deferred Tax Assets	14.55	11.5	8.98	2.93	2.19	-
Other Long-Term Assets	-	4.67	10.33	10.66	11.22	-
Total Assets	297.82	241.85	382.75	240.73	319.3	208.13
Accounts Payable	196.63	178.81	270.3	138.76	173.62	98.75
Accrued Expenses	9.25	4.13	2.73	6.59	22.27	8.56
Short-Term Debt	-	1.66	3.23	2.8	40.97	20.76
Current Portion of Leases	-	-	-	-	0.72	-
Current Income Taxes Payable	0.39	0.18	3.04	1.4	2.04	0.96
Current Unearned Revenue	63.82	16.18	18.92	15.48	23.96	37.61
Other Current Liabilities	34.19	25.27	43.61	27.34	40.13	23.59
Total Current Liabilities	304.27	226.23	341.83	192.36	303.71	190.22
Long-Term Leases	0.7	-	-	-	1.47	-
Long-Term Unearned Revenue	-	-	-	-	-	0.01
Long-Term Deferred Tax Liabilities	-	-	-	0.02	-	-
Other Long-Term Liabilities	10.78	18.87	19.62	18.51	-	-
Total Liabilities	315.75	245.1	361.45	210.9	305.19	190.23
Common Stock	200.51	200.51	200.51	200.51	200	200
Additional Paid-In Capital	841.83	841.83	838.91	838.82	835.69	834.87
Retained Earnings	-1,060	-1,045	-1,018	-1,009	-1,021	-1,017
Total Common Equity	-17.61	-2.96	21.43	29.92	14.3	18.07
Minority Interest	-0.32	-0.29	-0.14	-0.09	-0.19	-0.17
Shareholders' Equity	-17.93	-3.25	21.3	29.83	14.11	17.9
Total Liabilities & Equity	297.82	241.85	382.75	240.73	319.3	208.13
Total Debt	0.7	1.66	3.23	2.8	43.16	20.76
Net Cash (Debt)	5.74	17.28	38.57	11.72	-28.2	-20.02
Net Cash Growth	-62.94%	-55.18%	229.02%	-	-	-
Net Cash Per Share	0.03	0.09	0.19	0.06	-0.14	-0.10
Filing Date Shares Outstanding	200.51	200.51	200.51	200.51	200	200
Total Common Shares Outstanding	200.51	200.51	200.51	200.51	200	200
Working Capital	-25.87	-4.83	16.23	28.41	-7.21	-54.9
Book Value Per Share	-0.09	-0.01	0.11	0.15	0.07	0.09
Tangible Book Value	-17.61	-2.96	21.42	29.91	14.28	7.68
Tangible Book Value Per Share	-0.09	-0.01	0.11	0.15	0.07	0.04
Buildings	-	-	-	-	-	107.2
Machinery	-	4.21	3.89	3.55	9.63	27.13

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