SHE:301007 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	181.21	174.92	109.07	111.88	63.83	37.1
Cash & Short-Term Investments	181.21	174.92	109.07	111.88	63.83	37.1
Cash Growth	53.23%	60.37%	-2.51%	75.28%	72.05%	-17.96%
Accounts Receivable	192.83	194.81	213.25	180.48	132.63	135.99
Other Receivables	0.5	0.08	1.39	2.55	0.33	0.02
Receivables	193.33	194.89	214.63	183.04	132.96	136
Inventory	131.78	121.38	121.36	108.49	112.39	74.73
Other Current Assets	8.06	6.59	6.44	5.95	11.78	11.28
Total Current Assets	514.38	497.78	451.51	409.37	320.96	259.11
Property, Plant & Equipment	458.84	465.74	471.07	442.8	419.44	363.52
Goodwill	50.77	50.77	50.77	50.77	50.77	50.77
Other Intangible Assets	17.69	18.4	14.5	15	15.5	15.02
Long-Term Accounts Receivable	0.21	0.47	-	-	-	-
Long-Term Deferred Tax Assets	0.2	0.21	0.18	7.18	6.72	2.65
Long-Term Deferred Charges	0.96	1.12	5.07	4.98	2.42	-
Other Long-Term Assets	4.48	7.59	2.34	2.51	3.26	5.19
Total Assets	1,048	1,042	995.45	932.62	819.07	696.27
Accounts Payable	185.13	200.47	214.73	182.92	105.44	144.43
Accrued Expenses	4	11.88	9.64	10.61	6.96	6.85
Short-Term Debt	118.07	120.34	83.54	81	91	136.8
Current Portion of Long-Term Debt	-	-	-	-	-	4
Current Portion of Leases	1.13	1.1	-	-	-	-
Current Income Taxes Payable	3.73	0	-	0.01	0.06	0.63
Current Unearned Revenue	0.05	0.19	0.05	0.26	0.48	0.44
Other Current Liabilities	6.21	3.67	6.2	2.36	1.69	2.23
Total Current Liabilities	318.32	337.65	314.16	277.17	205.64	295.37
Long-Term Debt	-	-	-	-	-	18
Long-Term Leases	1.73	2.43	-	-	-	-
Long-Term Unearned Revenue	25.33	16.08	18.51	20.49	13.87	8.23
Long-Term Deferred Tax Liabilities	16.64	15.24	10.81	13.35	9.53	1.07
Total Liabilities	362.01	371.4	343.49	311	229.04	322.68
Common Stock	153.34	153.34	153.34	153.34	153.34	115
Additional Paid-In Capital	195.87	195.87	195.87	195.87	195.87	67.18
Retained Earnings	336.31	321.47	302.76	272.41	240.82	191.41
Shareholders' Equity	685.52	670.68	651.96	621.62	590.03	373.6
Total Liabilities & Equity	1,048	1,042	995.45	932.62	819.07	696.27
Total Debt	120.93	123.86	83.54	81	91	158.8
Net Cash (Debt)	60.27	51.06	25.53	30.88	-27.17	-121.7
Net Cash Growth	290.52%	99.96%	-17.32%	-	-	-
Net Cash Per Share	0.39	0.33	0.17	0.20	-0.20	-1.06
Filing Date Shares Outstanding	153.34	153.34	153.34	153.34	153.34	115
Total Common Shares Outstanding	153.34	153.34	153.34	153.34	153.34	115
Working Capital	196.05	160.13	137.35	132.2	115.32	-36.26
Book Value Per Share	4.47	4.37	4.25	4.05	3.85	3.25
Tangible Book Value	617.05	601.5	586.69	555.84	523.76	307.8
Tangible Book Value Per Share	4.02	3.92	3.83	3.62	3.42	2.68
Buildings	-	202.36	199.96	193.66	189.25	172.55
Machinery	-	657.63	631.74	551.61	486.72	422.2
Construction In Progress	-	9.63	16.01	29.45	8.27	3.63

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