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

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