SHE:301001 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	221.49	424.52	424.44	364.88	386.71	116.18
Trading Asset Securities	232.71	50.22	-	211.66	170.71	-
Cash & Short-Term Investments	454.21	474.74	424.44	576.54	557.42	116.18
Cash Growth	-1.58%	11.85%	-26.38%	3.43%	379.78%	48.59%
Accounts Receivable	92.53	124.08	155.06	204.19	249.24	202.66
Other Receivables	7.69	14.21	29.1	55.39	50.83	28.66
Receivables	100.22	138.28	184.17	259.58	300.07	231.32
Inventory	51.73	47.4	72.56	137.98	149.79	122.58
Other Current Assets	7.52	21.19	26.48	17.31	12.51	10.27
Total Current Assets	613.68	681.62	707.64	991.41	1,020	480.35
Property, Plant & Equipment	218.63	221.97	233.51	21.86	37.53	1.39
Other Intangible Assets	1.38	1.74	2.6	0.31	0.29	0.11
Long-Term Deferred Tax Assets	3.15	3.67	5.66	10.13	4.82	3.51
Long-Term Deferred Charges	1.24	1.74	1.95	3.59	5.86	1.65
Total Assets	838.08	910.74	951.36	1,027	1,068	487.01
Accounts Payable	15.96	16.44	28.39	57.09	87.22	47.41
Accrued Expenses	16.84	36.79	42.06	79.58	66.1	39.77
Short-Term Debt	9.12	-	-	41.39	35.67	22
Current Portion of Long-Term Debt	2.99	3.22	4.49	-	-	-
Current Portion of Leases	-	2.54	6.34	11.39	17	-
Current Income Taxes Payable	6.68	2.53	0.28	5.32	8.15	16.73
Current Unearned Revenue	0.4	0.3	0.35	1.3	0.57	0.47
Other Current Liabilities	-	1.18	8.84	2.82	1.52	21.49
Total Current Liabilities	51.99	62.99	90.76	198.88	216.24	147.88
Long-Term Debt	-	21.57	34.45	-	-	-
Long-Term Leases	5.11	5.06	9.3	9.12	18.93	-
Long-Term Deferred Tax Liabilities	0.01	-	-	0.05	-	-
Total Liabilities	57.11	89.62	134.51	208.05	235.17	147.88
Common Stock	80	80	80	80	80	60
Additional Paid-In Capital	492.09	492.09	492.09	492.09	492.09	66.06
Retained Earnings	217.05	246.68	243.29	246.25	261.87	213.36
Comprehensive Income & Other	1.83	2.35	1.47	0.91	-0.84	-0.29
Total Common Equity	780.97	821.12	816.85	819.26	833.12	339.13
Shareholders' Equity	780.97	821.12	816.85	819.26	833.12	339.13
Total Liabilities & Equity	838.08	910.74	951.36	1,027	1,068	487.01
Total Debt	17.22	32.39	54.59	61.9	71.6	22
Net Cash (Debt)	436.98	442.36	369.85	514.64	485.81	94.18
Net Cash Growth	4.62%	19.60%	-28.13%	5.93%	415.83%	206.38%
Net Cash Per Share	5.49	5.61	4.73	6.08	6.83	1.57
Filing Date Shares Outstanding	79.66	80	80	80	80	60
Total Common Shares Outstanding	79.66	80	80	80	80	60
Working Capital	561.68	618.63	616.89	792.53	803.54	332.47
Book Value Per Share	9.80	10.26	10.21	10.24	10.41	5.65
Tangible Book Value	779.58	819.38	814.25	818.95	832.83	339.02
Tangible Book Value Per Share	9.79	10.24	10.18	10.24	10.41	5.65
Buildings	-	219.04	219.04	-	-	-
Machinery	-	9.07	10.02	11.41	10.32	11.02
Construction In Progress	-	0.42	0.07	1.36	-	-

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