SHE:300518 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	150.04	48.2	367.4	583.24	641.86	434.94
Trading Asset Securities	85.35	94.76	123.53	145.86	-	-
Cash & Short-Term Investments	235.38	142.97	490.93	729.09	641.86	434.94
Cash Growth	41.95%	-70.88%	-32.67%	13.59%	47.57%	137.43%
Accounts Receivable	2.3	6.61	11.51	13.71	73.71	47.91
Other Receivables	28.79	21.36	50.89	14.16	64.05	61.95
Receivables	31.09	27.97	62.41	27.88	137.76	109.86
Inventory	13.51	12.47	9.78	13.7	2.06	-
Other Current Assets	16.41	18.85	97.41	27.54	10.68	18.97
Total Current Assets	296.4	202.26	660.53	798.22	792.36	563.77
Property, Plant & Equipment	160.97	154.38	121.56	83.94	80.09	87.87
Long-Term Investments	74.96	66.32	123.88	327.22	266.7	130.52
Goodwill	-	-	-	-	188.55	197.84
Other Intangible Assets	395.59	395.82	396.1	382.74	0.65	1.27
Long-Term Deferred Tax Assets	24.95	20.68	20.95	48.25	45.9	14.35
Long-Term Deferred Charges	1.97	2.01	2.03	-	0.01	0.02
Other Long-Term Assets	47.73	233.03	305.86	308.87	337.77	353.58
Total Assets	1,003	1,075	1,631	1,949	1,712	1,349
Accounts Payable	32.68	32.57	28.23	32.17	14.27	2.69
Accrued Expenses	1.55	11.64	26.49	32.1	59.52	14.16
Short-Term Debt	-	20.53	79.86	-	-	50.08
Current Portion of Long-Term Debt	5.51	-	-	-	-	-
Current Portion of Leases	-	1	0.79	-	1.34	-
Current Income Taxes Payable	3.39	0.41	6.19	0.03	43.94	39.51
Current Unearned Revenue	0.05	1.19	2.68	3.45	16.63	18.56
Other Current Liabilities	14.57	34.54	45.78	150.19	243.89	216.97
Total Current Liabilities	57.74	101.9	190.03	217.94	379.59	341.97
Long-Term Leases	8.28	5.53	6.18	-	0.24	-
Long-Term Unearned Revenue	3.74	3.9	4.12	6.63	6.96	7.29
Long-Term Deferred Tax Liabilities	15.39	16.48	20.74	23.4	43.12	2.67
Other Long-Term Liabilities	28.18	27.53	30.9	32.69	54.08	108.8
Total Liabilities	113.32	155.34	251.96	280.66	484	460.73
Common Stock	199.41	199.41	199.41	142.44	101.74	101.74
Additional Paid-In Capital	482.46	482.46	505.12	536.87	579.44	487.44
Retained Earnings	69.33	97.05	413.24	677.73	640.38	431.04
Treasury Stock	-	-	-	-73.63	-141.37	-147.26
Comprehensive Income & Other	0.6	0.53	0.41	-0.44	-8.61	-6.15
Total Common Equity	751.79	779.45	1,118	1,283	1,172	866.8
Minority Interest	137.47	139.71	260.78	385.62	56.47	21.69
Shareholders' Equity	889.26	919.16	1,379	1,669	1,228	888.5
Total Liabilities & Equity	1,003	1,075	1,631	1,949	1,712	1,349
Total Debt	13.79	27.06	86.83	-	1.59	50.08
Net Cash (Debt)	221.59	115.91	404.1	729.09	640.27	384.86
Net Cash Growth	93.00%	-71.32%	-44.57%	13.87%	66.37%	1703.05%
Net Cash Per Share	1.12	0.58	2.03	3.66	3.21	2.10
Filing Date Shares Outstanding	199.41	199.41	199.41	199.41	199.41	199.41
Total Common Shares Outstanding	199.41	199.41	199.41	199.41	199.41	199.41
Working Capital	238.66	100.36	470.5	580.28	412.77	221.81
Book Value Per Share	3.77	3.91	5.61	6.43	5.88	4.35
Tangible Book Value	356.2	383.63	722.07	900.23	982.37	667.69
Tangible Book Value Per Share	1.79	1.92	3.62	4.51	4.93	3.35
Buildings	-	72.36	88.09	89.76	89.76	95.76
Machinery	-	16.94	13.93	19.22	17.65	17.52
Construction In Progress	-	92.73	42.56	6.46	-	-

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