SHE:300930 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	84.56	25.07	82.85	280.19	38.92	31.18
Short-Term Investments	-	-	-	-	30	-
Trading Asset Securities	-	-	-	-	264	-
Cash & Short-Term Investments	84.56	25.07	82.85	280.19	332.92	31.18
Cash Growth	167.04%	-69.74%	-70.43%	-15.84%	967.67%	-47.24%
Accounts Receivable	206.61	192.1	131.77	111.67	232.89	194.91
Other Receivables	0.16	0.16	1.13	0.01	0.16	-
Receivables	206.77	192.27	132.9	111.68	233.05	194.91
Inventory	211.08	106.47	65.51	23.95	30.9	30.75
Other Current Assets	50.83	42.6	26.12	10.24	0.6	1.7
Total Current Assets	553.25	366.41	307.38	426.05	597.47	258.54
Property, Plant & Equipment	848.17	728.24	487.32	272.12	122.9	82.63
Long-Term Investments	35.1	35.36	35.41	25.53	25.53	25.53
Other Intangible Assets	111.07	112.7	115.08	116.01	30.7	31.39
Long-Term Deferred Tax Assets	13.27	6.05	5.45	1.2	0.2	0.04
Long-Term Deferred Charges	0.72	0.63	-	-	-	-
Other Long-Term Assets	-	17.26	1.4	5.9	-	-
Total Assets	1,562	1,267	952.04	846.8	776.79	398.13
Accounts Payable	125.19	105.54	58.13	26.65	38.46	32.9
Accrued Expenses	4.83	11.07	8.88	4.94	4.67	3.4
Short-Term Debt	264.3	170.14	-	-	-	-
Current Portion of Long-Term Debt	154.6	1.05	-	-	-	-
Current Income Taxes Payable	9.97	1.14	4.17	2.25	9.86	2.65
Current Unearned Revenue	1.8	0.71	1.61	0.81	4.17	6.03
Other Current Liabilities	0.44	0.36	1.11	1.25	0.62	0.83
Total Current Liabilities	561.13	290.01	73.9	35.91	57.77	45.81
Long-Term Debt	-	59	-	-	-	-
Long-Term Unearned Revenue	83.61	36.26	37.68	10.9	0.6	0.6
Total Liabilities	644.74	385.27	111.59	46.81	58.37	46.41
Common Stock	100	100	100	100	100	75
Additional Paid-In Capital	395.25	395.25	395.25	395.25	395.25	139.82
Retained Earnings	421.51	386.06	345.11	304.6	223.04	136.84
Comprehensive Income & Other	0.08	0.08	0.09	0.14	0.13	0.06
Shareholders' Equity	916.85	881.39	840.45	799.99	718.42	351.72
Total Liabilities & Equity	1,562	1,267	952.04	846.8	776.79	398.13
Total Debt	418.9	230.19	-	-	-	-
Net Cash (Debt)	-334.34	-205.12	82.85	280.19	332.92	31.18
Net Cash Growth	-	-	-70.43%	-15.84%	967.67%	72.74%
Net Cash Per Share	-3.35	-2.05	0.84	2.82	3.39	0.42
Filing Date Shares Outstanding	100	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100	75
Working Capital	-7.89	76.4	233.48	390.14	539.7	212.73
Book Value Per Share	9.17	8.81	8.40	8.00	7.18	4.69
Tangible Book Value	805.77	768.69	725.37	683.98	687.72	320.33
Tangible Book Value Per Share	8.06	7.69	7.25	6.84	6.88	4.27
Buildings	-	267.04	127.05	69.74	41.5	35.55
Machinery	-	288.03	172.36	71.41	70.63	72.3
Construction In Progress	-	256.44	250.81	196.17	71.11	30.76

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