SHE:300514 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	442.45	529.74	374.66	278.51	406.35	318.55
Trading Asset Securities	-	-	-	91.34	25.13	-
Cash & Short-Term Investments	462.45	529.74	374.66	369.85	431.48	318.55
Cash Growth	-2.08%	41.39%	1.30%	-14.28%	35.45%	0.12%
Accounts Receivable	166.28	188.33	186.23	308.82	300.33	262.33
Other Receivables	3.38	2.02	1.8	3.84	4.39	9.51
Receivables	169.66	190.35	188.03	312.65	304.72	271.84
Inventory	115.19	72.07	124.1	161.06	169.87	77.06
Other Current Assets	21.69	15.17	9.5	8.11	32.86	77.77
Total Current Assets	768.98	807.32	696.29	851.68	938.93	745.22
Property, Plant & Equipment	202.95	203.79	187.54	186.94	167.7	146.91
Long-Term Investments	444.43	407.6	280.58	-	-	-
Other Intangible Assets	15.93	14.62	15.21	12.72	13.49	13.38
Long-Term Deferred Tax Assets	5.45	6.22	5.73	8.21	8.07	6.81
Long-Term Deferred Charges	11.61	16.61	19.67	18.38	15.26	14.62
Other Long-Term Assets	11.78	5.06	7.43	13.07	3.25	3.07
Total Assets	1,461	1,461	1,212	1,091	1,147	930.02
Accounts Payable	359.21	352.36	237.17	216.83	384.79	208.92
Accrued Expenses	9.39	25.74	35.37	51.44	48.03	25.76
Short-Term Debt	-	-	-	30.3	-	10
Current Portion of Long-Term Debt	-	-	-	-	-	5.38
Current Portion of Leases	2.54	3.6	1.8	2.7	4.4	-
Current Income Taxes Payable	3.89	9.66	9.29	6.44	3.58	0.53
Current Unearned Revenue	15.55	15.11	33.37	42.47	49.76	45.57
Other Current Liabilities	8.27	7.05	7.14	12.02	9.07	7.49
Total Current Liabilities	398.85	413.51	324.15	362.21	499.62	303.64
Long-Term Debt	-	-	-	-	-	30.02
Long-Term Leases	2.67	4.14	3.14	4.91	3.29	-
Long-Term Unearned Revenue	-	-	-	0.27	0.54	0.84
Long-Term Deferred Tax Liabilities	2.93	1.98	1.03	1.25	0.02	0.04
Other Long-Term Liabilities	-	-	0.51	0.51	-	-
Total Liabilities	404.45	419.63	328.83	369.15	503.47	334.55
Common Stock	200	200	200	200	200	200
Additional Paid-In Capital	113.9	113.9	113.9	113.9	113.9	113.9
Retained Earnings	742.77	727.65	569.48	407.89	329.13	281.56
Comprehensive Income & Other	0.02	0.04	0.24	0.07	0.21	0
Shareholders' Equity	1,057	1,042	883.62	721.86	643.24	595.46
Total Liabilities & Equity	1,461	1,461	1,212	1,091	1,147	930.02
Total Debt	5.22	7.73	4.94	37.91	7.69	45.4
Net Cash (Debt)	457.24	522.01	369.71	331.94	423.79	273.15
Net Cash Growth	-1.32%	41.19%	11.38%	-21.67%	55.15%	15.07%
Net Cash Per Share	2.28	2.61	1.85	1.65	2.13	1.38
Filing Date Shares Outstanding	200	200	200	200	200	200
Total Common Shares Outstanding	200	200	200	200	200	200
Working Capital	370.14	393.82	372.14	489.48	439.31	441.58
Book Value Per Share	5.28	5.21	4.42	3.61	3.22	2.98
Tangible Book Value	1,041	1,027	868.41	709.13	629.75	582.08
Tangible Book Value Per Share	5.20	5.13	4.34	3.55	3.15	2.91
Buildings	-	167.07	155.57	155.57	81.3	81.3
Machinery	-	127.63	113.07	101.27	85.89	78.25
Construction In Progress	-	9.06	11.56	5.5	63.7	48.11

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