SHE:300927 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	2016 - 2019
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	2016 - 2019
Cash & Equivalents	271.64	675.81	322.4	304.83	185.44	284.9	Upgrade
Trading Asset Securities	150	-	-	-	112	-	Upgrade
Cash & Short-Term Investments	421.64	675.81	322.4	304.83	297.44	284.9	Upgrade
Cash Growth	-19.55%	109.62%	5.76%	2.48%	4.40%	343.31%	Upgrade
Accounts Receivable	257.89	195.4	98.32	99.84	100.65	90.6	Upgrade
Other Receivables	4.07	22.01	4.93	1.7	-	-	Upgrade
Receivables	261.96	217.42	103.25	101.54	100.65	90.6	Upgrade
Inventory	200.52	268.02	47.12	52.58	40.6	31.56	Upgrade
Prepaid Expenses	-	-	-	0	-	-	Upgrade
Other Current Assets	37.28	4.13	2.01	3.04	2.38	7.78	Upgrade
Total Current Assets	921.4	1,165	474.78	462	441.07	414.84	Upgrade
Property, Plant & Equipment	874.09	793.2	352.27	291.53	306.39	329.95	Upgrade
Long-Term Investments	45.39	45.94	35.79	23.03	13.01	-	Upgrade
Other Intangible Assets	135.25	126.01	104.16	12.91	13.32	14.07	Upgrade
Long-Term Deferred Tax Assets	1.72	2.22	1.82	1.62	0.88	0.86	Upgrade
Long-Term Deferred Charges	0.38	0.71	-	-	1.29	0.15	Upgrade
Other Long-Term Assets	78.23	65.63	31.71	3.18	0.82	1.28	Upgrade
Total Assets	2,056	2,199	1,001	794.28	776.79	761.14	Upgrade
Accounts Payable	331.62	269.74	120.61	49.9	50.47	125.71	Upgrade
Accrued Expenses	14.43	20.76	16.5	13.45	14.63	9.94	Upgrade
Short-Term Debt	50.03	80.06	50.04	-	-	20	Upgrade
Current Portion of Long-Term Debt	-	-	-	21.5	26	13	Upgrade
Current Portion of Leases	-	0.57	-	-	-	-	Upgrade
Current Income Taxes Payable	1.89	3.15	4	3.86	2.68	1.58	Upgrade
Current Unearned Revenue	14.31	2.92	5.22	9.09	6.07	2.93	Upgrade
Other Current Liabilities	26.62	283.85	3.66	3.73	3.14	2.3	Upgrade
Total Current Liabilities	438.9	661.05	200.03	101.53	103	175.48	Upgrade
Long-Term Debt	340.72	255.4	3.39	-	21.5	47.5	Upgrade
Long-Term Unearned Revenue	64.75	64.84	0.27	0.35	0.59	0.83	Upgrade
Long-Term Deferred Tax Liabilities	7.24	6.86	-	-	-	-	Upgrade
Other Long-Term Liabilities	242	248.07	110.77	55.38	55.38	-	Upgrade
Total Liabilities	1,094	1,236	314.46	157.26	180.47	223.81	Upgrade
Common Stock	144.36	144.36	144.36	144.36	80.2	80.2	Upgrade
Additional Paid-In Capital	223.2	223.2	223.2	223.2	287.36	287.36	Upgrade
Retained Earnings	590.53	595.31	318.51	269.45	228.76	169.77	Upgrade
Comprehensive Income & Other	4.76	-	-	-	-	-	Upgrade
Shareholders' Equity	962.86	962.88	686.07	637.01	596.32	537.33	Upgrade
Total Liabilities & Equity	2,056	2,199	1,001	794.28	776.79	761.14	Upgrade
Total Debt	390.75	336.03	53.43	21.5	47.5	80.5	Upgrade
Net Cash (Debt)	30.89	339.78	268.97	283.33	249.94	204.4	Upgrade
Net Cash Growth	-87.34%	26.33%	-5.07%	13.36%	22.28%	-	Upgrade
Net Cash Per Share	0.21	2.35	1.86	1.96	1.73	1.89	Upgrade
Filing Date Shares Outstanding	144.36	144.36	144.36	144.36	144.36	144.36	Upgrade
Total Common Shares Outstanding	144.36	144.36	144.36	144.36	144.36	144.36	Upgrade
Working Capital	482.5	504.32	274.75	360.47	338.08	239.36	Upgrade
Book Value Per Share	6.67	6.67	4.75	4.41	4.13	3.72	Upgrade
Tangible Book Value	827.61	836.86	581.91	624.1	582.99	523.26	Upgrade
Tangible Book Value Per Share	5.73	5.80	4.03	4.32	4.04	3.62	Upgrade
Buildings	-	263.97	113.67	113.44	111.52	108.61	Upgrade
Machinery	-	1,380	491.96	487.48	455.43	445.88	Upgrade
Construction In Progress	-	481.42	128.19	39.32	56.42	61.99	Upgrade

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