SHE:301008 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	566.96	537.93	794.15	382.97	440.34	46.99
Trading Asset Securities	290.68	239.58	81	80.56	110.16	-
Cash & Short-Term Investments	857.64	777.51	875.15	463.53	550.5	46.99
Cash Growth	11.54%	-11.16%	88.80%	-15.80%	1071.60%	63.32%
Accounts Receivable	521.91	579.82	555.32	581.11	449.72	376.02
Other Receivables	2.91	2.89	0.95	0.21	0.46	0.24
Receivables	524.81	582.71	556.28	581.32	450.18	376.25
Inventory	207.64	152.23	149.94	125.56	123.52	75.34
Other Current Assets	9.85	4.65	3.15	3.48	1.58	2.11
Total Current Assets	1,600	1,517	1,585	1,174	1,126	500.69
Property, Plant & Equipment	455.31	435.21	355.3	251.13	207.45	145.86
Goodwill	-	13.59	-	-	-	-
Other Intangible Assets	61.95	64.53	64.73	64.26	31.77	30.48
Long-Term Deferred Tax Assets	6.43	6.24	6.38	6.49	5.14	4.08
Long-Term Deferred Charges	23.19	5.15	3.28	2.16	1.82	2.32
Other Long-Term Assets	17.51	9.84	7.28	6.36	6.65	8.34
Total Assets	2,194	2,052	2,021	1,504	1,379	691.77
Accounts Payable	549.02	465.12	367.13	357.78	340.64	241.86
Accrued Expenses	29.71	39.66	33.11	28.48	25.54	22.51
Short-Term Debt	54.95	40.03	115.24	63.75	39.55	30.54
Current Portion of Leases	1.37	1.72	1.33	2.04	-	-
Current Income Taxes Payable	5.5	2.3	6.24	1.73	2.57	6.39
Current Unearned Revenue	2.69	2.66	1.99	1.06	2.53	3.99
Other Current Liabilities	26.01	14.22	9.79	5.28	2.22	0.74
Total Current Liabilities	669.24	565.7	534.82	460.13	413.06	306.04
Long-Term Debt	-	333.48	326.16	-	-	-
Long-Term Leases	1.43	3.7	4.38	5.71	-	-
Long-Term Unearned Revenue	23.71	18.04	19.19	8.02	5.98	3.4
Long-Term Deferred Tax Liabilities	-	0.34	-	1.49	-	-
Total Liabilities	694.38	921.26	884.56	475.34	419.04	309.44
Common Stock	130.96	111.93	80	80	66.67	50
Additional Paid-In Capital	1,086	695.99	719.59	721.33	732.92	202.87
Retained Earnings	297.62	283.71	278.68	224.77	157.5	129.46
Treasury Stock	-24.77	-24.77	-	-	-	-
Comprehensive Income & Other	6.94	57.45	55.66	-	-	-
Total Common Equity	1,496	1,124	1,134	1,026	957.09	382.33
Minority Interest	3.34	6.08	3	2.86	2.49	-
Shareholders' Equity	1,500	1,130	1,137	1,029	959.58	382.33
Total Liabilities & Equity	2,194	2,052	2,021	1,504	1,379	691.77
Total Debt	57.75	378.93	447.11	71.5	39.55	30.54
Net Cash (Debt)	799.89	398.58	428.04	392.03	510.95	16.45
Net Cash Growth	124.16%	-6.88%	9.19%	-23.27%	3006.22%	-
Net Cash Per Share	6.77	3.57	3.84	3.50	5.23	0.20
Filing Date Shares Outstanding	129.76	110.73	112	112	112	84
Total Common Shares Outstanding	129.76	110.73	112	112	112	84
Working Capital	930.71	951.4	1,050	713.77	712.73	194.65
Book Value Per Share	11.53	10.15	10.12	9.16	8.55	4.55
Tangible Book Value	1,434	1,046	1,069	961.84	925.32	351.85
Tangible Book Value Per Share	11.05	9.45	9.55	8.59	8.26	4.19
Buildings	-	274.16	174.2	150.64	98.67	98.67
Machinery	-	319.91	249.82	191.7	162.28	125.15
Construction In Progress	-	42.52	90.23	33.75	49.56	4.34

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