SHE:300481 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	993.09	1,013	647.33	289.24	243.85	227.43
Short-Term Investments	-	116.33	393.81	824.86	425.59	-
Trading Asset Securities	-	-	181.02	131.25	229.8	2.7
Cash & Short-Term Investments	993.09	1,129	1,222	1,245	899.24	230.13
Cash Growth	2.76%	-7.63%	-1.86%	38.49%	290.75%	-34.22%
Accounts Receivable	446.23	428.04	430.01	510.22	419.51	273.24
Other Receivables	1.53	7.47	8.33	2.71	2.23	4.87
Receivables	447.75	435.51	438.34	512.93	421.74	278.11
Inventory	198.39	149.62	175.56	221.54	134.93	102.81
Other Current Assets	215.49	65.14	56.97	38.04	38.78	21.86
Total Current Assets	1,855	1,779	1,893	2,018	1,495	632.91
Property, Plant & Equipment	828.49	843.96	733.2	559.9	435.57	319.02
Goodwill	0.99	1.23	1.55	1.91	2.28	3.05
Other Intangible Assets	163.34	167.92	172.86	178.55	148.28	85.29
Long-Term Deferred Tax Assets	10.61	7.7	7.82	6.53	5.75	4.74
Long-Term Deferred Charges	1.95	2.16	2.56	3.15	4.8	1.77
Other Long-Term Assets	7.1	11.02	10.69	36.66	23.85	32.01
Total Assets	2,993	2,813	2,822	2,805	2,115	1,079
Accounts Payable	403.31	144.63	84.47	105.49	29.02	21.87
Accrued Expenses	7.01	22.27	20.87	27.85	19.37	17.85
Short-Term Debt	97.07	100.07	70.06	150.14	-	-
Current Portion of Long-Term Debt	14.02	101.07	4.12	4.09	-	-
Current Portion of Leases	-	-	0.45	0.01	0.43	-
Current Income Taxes Payable	8.65	4.84	5.18	14.04	6.27	4.29
Current Unearned Revenue	9.6	6.38	6.65	13.26	10.67	5.4
Other Current Liabilities	6.06	1.87	10.47	21.51	30.19	1.94
Total Current Liabilities	545.72	381.13	202.27	336.39	95.96	51.36
Long-Term Debt	15	-	151	125	-	-
Long-Term Leases	1.02	-	-	0.01	-	-
Long-Term Unearned Revenue	18.29	9.89	12.67	14.05	14.28	16.97
Long-Term Deferred Tax Liabilities	10.08	10.53	9.89	9.27	10.23	9.06
Total Liabilities	590.11	401.55	375.84	484.72	120.47	77.39
Common Stock	291.86	295.7	296.36	296.38	296.19	257.06
Additional Paid-In Capital	939.02	986.09	993.54	994.57	981.5	203.3
Retained Earnings	1,169	1,177	1,161	1,044	740.34	539.09
Treasury Stock	-	-50.91	-8.11	-16.56	-23.5	-
Comprehensive Income & Other	3.68	4.03	3.67	1.55	0.41	0.37
Total Common Equity	2,404	2,412	2,446	2,320	1,995	999.82
Minority Interest	-0.36	-0.37	-0.35	-0.31	-0.21	1.59
Shareholders' Equity	2,403	2,412	2,446	2,320	1,995	1,001
Total Liabilities & Equity	2,993	2,813	2,822	2,805	2,115	1,079
Total Debt	127.11	201.14	225.63	279.25	0.43	-
Net Cash (Debt)	865.98	927.74	996.53	966.09	898.8	230.13
Net Cash Growth	17.36%	-6.90%	3.15%	7.49%	290.56%	-34.22%
Net Cash Per Share	2.94	3.15	3.39	3.27	3.24	0.90
Filing Date Shares Outstanding	291.86	291.86	296.36	296.38	296.19	257.06
Total Common Shares Outstanding	291.86	291.86	296.36	296.38	296.19	257.06
Working Capital	1,309	1,398	1,691	1,681	1,399	581.55
Book Value Per Share	8.24	8.26	8.25	7.83	6.74	3.89
Tangible Book Value	2,239	2,243	2,272	2,140	1,844	911.49
Tangible Book Value Per Share	7.67	7.68	7.67	7.22	6.23	3.55
Buildings	-	374.44	203.96	201.48	185	119.54
Machinery	-	693.74	480.7	432.57	396.61	278.29
Construction In Progress	-	22.29	267.68	94.71	7.32	52.09

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