SHE:300946 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	139.45	115.54	117.23	124.2	73.35	76.92
Short-Term Investments	-	-	-	-	120	-
Trading Asset Securities	-	-	50.11	107.07	248.15	-
Cash & Short-Term Investments	139.45	115.54	167.34	231.27	441.49	76.92
Cash Growth	98.92%	-30.95%	-27.64%	-47.62%	474.00%	5.59%
Accounts Receivable	268.5	193.64	192.58	177.48	175.01	122.06
Other Receivables	4.72	0.37	0.15	0.13	-	-
Receivables	273.22	194.01	192.74	177.61	175.01	122.06
Inventory	407.04	375.15	323.01	262.4	217.23	161.42
Other Current Assets	23.2	25.13	38.64	44.99	28.01	42.17
Total Current Assets	842.91	709.83	721.72	716.27	861.75	402.57
Property, Plant & Equipment	732.47	711.13	667.27	438.46	212.75	159.24
Other Intangible Assets	110.16	50.16	50.05	51.3	52.34	53.05
Long-Term Deferred Tax Assets	0.3	0.37	0.35	3.29	2.79	2.36
Long-Term Deferred Charges	7.02	3.96	3.54	2.15	1.37	2.14
Other Long-Term Assets	21.86	6.56	10.77	22.19	21.43	3.53
Total Assets	1,715	1,482	1,454	1,234	1,152	622.87
Accounts Payable	137.35	141.31	170.07	111.25	111.28	80.53
Accrued Expenses	10.62	27.68	27.82	25.05	22.6	21.22
Short-Term Debt	198.04	37.5	52.42	15.76	11.67	39.82
Current Portion of Long-Term Debt	17.1	11.66	7.15	1.56	-	-
Current Portion of Leases	-	-	-	-	0.06	-
Current Income Taxes Payable	7.29	3.42	0.01	0	3.48	0.01
Current Unearned Revenue	13.48	9.53	9.13	2.15	3.05	1.85
Other Current Liabilities	16.92	1.36	2.02	1.44	5.17	3.14
Total Current Liabilities	400.8	232.46	268.62	157.22	157.31	146.58
Long-Term Debt	93.21	56.69	52.24	13.89	-	-
Long-Term Unearned Revenue	5.91	6.43	3.47	1.6	1.96	2.38
Long-Term Deferred Tax Liabilities	4.28	5.87	8.44	-	-	-
Total Liabilities	504.21	301.45	332.76	172.7	159.27	148.96
Common Stock	156.01	120.01	120.01	120.01	66.67	50
Additional Paid-In Capital	558.36	594.36	594.36	594.36	647.7	224.83
Retained Earnings	491.47	465.42	405.71	346.03	278.79	199.09
Total Common Equity	1,208	1,180	1,120	1,060	993.15	473.92
Minority Interest	2.68	0.77	0.86	0.56	-	-
Shareholders' Equity	1,211	1,181	1,121	1,061	993.15	473.92
Total Liabilities & Equity	1,715	1,482	1,454	1,234	1,152	622.87
Total Debt	308.35	105.84	111.81	31.2	11.73	39.82
Net Cash (Debt)	-168.9	9.69	55.52	200.06	429.76	37.1
Net Cash Growth	-	-82.55%	-72.25%	-53.45%	1058.54%	8.19%
Net Cash Per Share	-1.07	0.06	0.36	1.28	2.89	0.32
Filing Date Shares Outstanding	156.01	156.01	156.01	156.01	156.01	156.01
Total Common Shares Outstanding	156.01	156.01	156.01	156.01	156.01	117
Working Capital	442.11	477.37	453.1	559.05	704.44	255.99
Book Value Per Share	7.74	7.56	7.18	6.80	6.37	4.05
Tangible Book Value	1,098	1,130	1,070	1,009	940.82	420.87
Tangible Book Value Per Share	7.04	7.24	6.86	6.47	6.03	3.60
Buildings	-	268.65	263.03	90.18	34.94	34.94
Machinery	-	482.05	359.65	270.89	196.06	167.94
Construction In Progress	-	151.86	196.67	203.68	87.99	45.42

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