SHE:301005 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	50.17	62.63	28.51	56.84	44.49	34.88
Trading Asset Securities	87.45	108.53	206.22	202.92	345.23	4
Cash & Short-Term Investments	137.62	171.16	234.74	259.76	389.72	38.88
Cash Growth	-27.63%	-27.08%	-9.63%	-33.35%	902.47%	-18.23%
Accounts Receivable	330.21	257.92	212.51	200.68	117.92	124.86
Other Receivables	2.57	11.9	11.75	15.62	18.28	4.1
Receivables	332.79	269.82	224.26	216.3	136.21	128.96
Inventory	260.39	235.24	169.33	155.99	113.81	84.53
Prepaid Expenses	-	-	-	0.8	-	-
Other Current Assets	19.71	8.42	5.13	30.2	1.97	4.43
Total Current Assets	750.51	684.64	633.46	663.06	641.71	256.8
Property, Plant & Equipment	424.96	444.84	431.07	347.02	189.89	98.02
Goodwill	10.4	10.4	15.41	47.78	-	-
Other Intangible Assets	40.69	42.28	43.26	45.08	31.44	32.65
Long-Term Deferred Tax Assets	6.14	6.45	4.97	5.25	2	2.48
Long-Term Deferred Charges	8.77	11.21	10.21	3.74	2.48	3.03
Other Long-Term Assets	4.83	3.3	3.07	23.19	12.79	1.67
Total Assets	1,246	1,203	1,141	1,135	880.31	394.65
Accounts Payable	267.4	228.69	148.17	143.57	80.5	73.76
Accrued Expenses	16.1	24.75	20.99	18.68	14.21	11.84
Short-Term Debt	148.83	138.11	90.09	55.05	5.01	28.03
Current Portion of Long-Term Debt	4.86	0.21	-	-	-	-
Current Portion of Leases	-	5.91	5.33	3.88	0.65	0.04
Current Income Taxes Payable	5.66	0.75	0.97	1.89	1.56	3.42
Current Unearned Revenue	1.02	0.71	1.01	0.56	0.77	1.37
Other Current Liabilities	7.38	17.59	16.9	20.5	0.44	6.75
Total Current Liabilities	451.25	416.72	283.47	244.12	103.14	125.21
Long-Term Debt	-	9.8	-	-	-	-
Long-Term Leases	17.69	21.15	23.94	21.71	3.19	-
Long-Term Unearned Revenue	1.23	1.35	-	-	-	0.08
Long-Term Deferred Tax Liabilities	0.37	0.77	1.96	1.32	-	-
Other Long-Term Liabilities	0.58	0.58	-	-	-	-
Total Liabilities	471.11	450.36	309.37	267.16	106.34	125.29
Common Stock	134.27	134.86	104.5	104.16	57.13	42.85
Additional Paid-In Capital	441.47	446.25	500.63	503.95	531.76	91.59
Retained Earnings	238.53	216.74	216.28	218.66	185.08	134.93
Treasury Stock	-45.09	-50.47	-25.6	-15.6	-	-
Total Common Equity	769.17	747.39	795.8	811.17	773.97	269.36
Minority Interest	6.02	5.39	36.29	56.8	-	-
Shareholders' Equity	775.2	752.78	832.08	867.96	773.97	269.36
Total Liabilities & Equity	1,246	1,203	1,141	1,135	880.31	394.65
Total Debt	171.38	175.17	119.35	80.63	8.85	28.08
Net Cash (Debt)	-33.76	-4.01	115.38	179.12	380.87	10.8
Net Cash Growth	-	-	-35.58%	-52.97%	3427.58%	-65.88%
Net Cash Per Share	-0.25	-0.03	0.83	1.33	3.24	0.11
Filing Date Shares Outstanding	132.85	133.45	134.57	135.41	133.68	100.26
Total Common Shares Outstanding	132.85	133.45	135.85	135.41	133.68	100.26
Working Capital	299.26	267.93	349.99	418.94	538.56	131.58
Book Value Per Share	5.79	5.60	5.86	5.99	5.79	2.69
Tangible Book Value	718.08	694.7	737.13	718.3	742.53	236.71
Tangible Book Value Per Share	5.41	5.21	5.43	5.30	5.55	2.36
Buildings	-	238.22	217.93	163.74	14.51	14.51
Machinery	-	314.23	278.01	14.14	113.46	101.3
Construction In Progress	-	17.73	25.56	40.24	130.85	47.59

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