SHE:300419 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	37.84	136.41	225.46	167.54	387.89	198.18
Short-Term Investments	-	-	-	-	-	25.04
Trading Asset Securities	-	-	-	38.4	150.21	391.08
Cash & Short-Term Investments	37.84	136.41	225.46	205.94	538.1	614.31
Cash Growth	-32.78%	-39.50%	9.48%	-61.73%	-12.40%	37.98%
Accounts Receivable	238.25	232.13	190.18	217.79	214.98	97.24
Other Receivables	8.5	10.42	20.63	20.14	37.64	2.96
Receivables	246.75	242.55	210.82	237.93	252.62	100.2
Inventory	51.07	51.11	99.83	137.38	492.5	486.71
Prepaid Expenses	-	0.11	0.06	-	0.33	2.32
Other Current Assets	36.8	30.82	30.95	237.39	119.38	35.51
Total Current Assets	372.47	460.99	567.11	818.63	1,403	1,239
Property, Plant & Equipment	83.82	84.05	120.96	131.01	117.75	128.18
Long-Term Investments	64.23	63.67	72.27	64.45	-	-
Goodwill	73.85	73.85	73.85	73.85	73.85	19.7
Other Intangible Assets	24.16	26.85	7.51	9.13	11.15	23.61
Long-Term Deferred Tax Assets	5.15	4.03	4.16	11.22	5.71	2.84
Long-Term Deferred Charges	0.64	0.87	1.48	1.61	0.02	0.2
Other Long-Term Assets	39.12	43.94	19.49	17.21	34.86	49.81
Total Assets	663.45	758.25	866.81	1,127	1,646	1,463
Accounts Payable	32.31	78.39	83.47	80.43	124.27	174.91
Accrued Expenses	4.64	24.91	17.42	19.5	28.61	3.09
Short-Term Debt	74.04	60.46	74.37	92.71	70	-
Current Portion of Long-Term Debt	6.61	2.02	2.02	-	-	-
Current Portion of Leases	-	3.61	3.67	3.3	0.14	-
Current Income Taxes Payable	8.17	6.51	5.71	5.1	3.65	1.14
Current Unearned Revenue	35.68	30.94	66.56	102.76	488.56	422.24
Other Current Liabilities	47.34	81.55	134.79	196.78	8.38	2.21
Total Current Liabilities	208.81	288.4	388	500.59	723.61	603.6
Long-Term Debt	20.23	17.34	18	-	-	-
Long-Term Leases	2.09	4.57	8.9	11.74	0.46	-
Long-Term Deferred Tax Liabilities	0.73	1.05	1.81	2.86	0.18	0.22
Total Liabilities	231.85	311.36	416.71	515.19	724.25	603.82
Common Stock	367.75	367.75	367.75	367.75	367.75	367.75
Additional Paid-In Capital	568.76	568.76	568.76	568.76	918.76	800.64
Retained Earnings	-504.92	-489.62	-486.41	-324.6	-364.49	-334.94
Total Common Equity	431.59	446.9	450.11	611.91	922.02	833.45
Minority Interest	-	-	-	-	-	26.12
Shareholders' Equity	431.59	446.9	450.11	611.91	922.02	859.57
Total Liabilities & Equity	663.45	758.25	866.81	1,127	1,646	1,463
Total Debt	102.98	88	106.96	107.75	70.6	-
Net Cash (Debt)	-65.13	48.4	118.49	98.19	467.51	614.31
Net Cash Growth	-	-59.15%	20.68%	-79.00%	-23.90%	37.98%
Net Cash Per Share	-0.18	0.13	0.32	0.27	1.23	1.65
Filing Date Shares Outstanding	367.75	367.75	367.75	367.75	367.75	367.75
Total Common Shares Outstanding	367.75	367.75	367.75	367.75	367.75	367.75
Working Capital	163.66	172.6	179.11	318.05	679.33	635.46
Book Value Per Share	1.17	1.22	1.22	1.66	2.51	2.27
Tangible Book Value	333.58	346.2	368.76	528.94	837.03	790.15
Tangible Book Value Per Share	0.91	0.94	1.00	1.44	2.28	2.15
Buildings	-	79.58	118.5	121.67	115.8	122.34
Machinery	-	20.63	30.27	29.09	32.43	36.62
Construction In Progress	-	-	-	-	-	2.1

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