SHE:300911 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	265.55	925.51	1,455	1,019	961.12	838.56
Trading Asset Securities	793.13	260.87	-	-	280.24	200
Cash & Short-Term Investments	1,059	1,186	1,455	1,019	1,241	1,039
Cash Growth	-16.41%	-18.48%	42.80%	-17.90%	19.53%	266.41%
Accounts Receivable	53.1	162.86	123.35	56.27	70.3	25.34
Other Receivables	2.38	18.96	1.3	10	9.13	5.86
Receivables	55.49	181.82	124.66	66.27	79.44	31.2
Inventory	62.11	81.62	88.23	97.81	105.75	62.27
Prepaid Expenses	-	0.01	4.98	-	2.22	1.52
Other Current Assets	35.88	8.87	15.5	20.91	26.01	15.97
Total Current Assets	1,212	1,459	1,689	1,204	1,455	1,150
Property, Plant & Equipment	713.79	788.92	560.34	448.84	228.81	159.87
Long-Term Investments	67.99	20.99	17.92	24.34	21.82	18.79
Other Intangible Assets	85.47	91.9	71.31	70.33	71.15	68.24
Long-Term Deferred Tax Assets	42.23	38.61	27.81	36.98	25.19	9.3
Long-Term Deferred Charges	2.63	1.12	6.52	9.2	4.25	-
Other Long-Term Assets	9.23	0.64	2.88	42.33	3.22	4.79
Total Assets	2,134	2,401	2,375	1,836	1,809	1,411
Accounts Payable	236.42	329.62	260.6	315.81	367.73	205.83
Accrued Expenses	5.55	37.28	40.09	30.81	60.11	45.01
Short-Term Debt	-	0.49	-	-	-	-
Current Portion of Long-Term Debt	3.92	0.08	0.04	-	-	-
Current Portion of Leases	-	1.29	1.25	2.35	2.47	-
Current Income Taxes Payable	3.54	13.2	7.57	16.07	23.71	6.83
Current Unearned Revenue	22.81	48.19	27.89	35.61	58.31	66.55
Other Current Liabilities	38.2	22	26.39	45.8	64.18	20.64
Total Current Liabilities	310.45	452.16	363.84	446.44	576.51	344.86
Long-Term Debt	409.97	460.41	435.72	-	-	-
Long-Term Leases	1.99	1.69	-	1.25	3.44	-
Long-Term Unearned Revenue	72.57	79.22	43.84	41.4	36.23	37.07
Long-Term Deferred Tax Liabilities	-	-	-	3.41	3.03	2.58
Total Liabilities	904.95	993.48	843.4	492.5	619.22	384.51
Common Stock	183.33	138.46	106.75	107.4	108.09	106.67
Additional Paid-In Capital	677.6	640.34	670.12	677.29	693.69	647.1
Retained Earnings	346.08	594.33	673.28	558.7	413.84	257.62
Treasury Stock	-50	-50	-	-19.1	-42.81	-
Comprehensive Income & Other	71.53	84.27	81.91	19.33	17.19	14.61
Total Common Equity	1,229	1,407	1,532	1,344	1,190	1,026
Shareholders' Equity	1,229	1,407	1,532	1,344	1,190	1,026
Total Liabilities & Equity	2,134	2,401	2,375	1,836	1,809	1,411
Total Debt	415.88	463.97	437.02	3.6	5.91	-
Net Cash (Debt)	642.8	722.42	1,018	1,016	1,235	1,039
Net Cash Growth	-20.50%	-29.06%	0.27%	-17.80%	18.96%	266.41%
Net Cash Per Share	3.53	4.01	5.64	5.62	6.84	7.48
Filing Date Shares Outstanding	181.58	177.72	180.41	181.5	182.68	180.27
Total Common Shares Outstanding	181.58	177.72	180.41	181.5	182.68	180.27
Working Capital	901.71	1,007	1,325	757.67	878.27	804.66
Book Value Per Share	6.77	7.92	8.49	7.40	6.51	5.69
Tangible Book Value	1,143	1,316	1,461	1,273	1,119	957.76
Tangible Book Value Per Share	6.30	7.40	8.10	7.02	6.12	5.31
Buildings	-	461.57	448.69	293.67	122.76	122.23
Machinery	-	491.56	227.43	141.58	121.13	93.45
Construction In Progress	-	8.27	12.92	106.67	58.38	9.25

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