SHE:301009 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	728.61	613.7	863.06	689.46	884.04	339.25
Short-Term Investments	-	-	-	-	-	20
Trading Asset Securities	257.13	250.05	-	-	-	100
Cash & Short-Term Investments	985.75	863.75	863.06	689.46	884.04	459.25
Cash Growth	28.29%	0.08%	25.18%	-22.01%	92.50%	108.38%
Accounts Receivable	198.17	226.15	196.3	264.29	176.93	226.55
Other Receivables	2.88	4.31	5.16	5.32	4.91	6.74
Receivables	201.05	230.47	201.46	269.61	181.84	233.29
Inventory	152.2	141.88	114.82	182.42	153.95	127.75
Prepaid Expenses	-	-	-	-	1.95	1.06
Other Current Assets	37.01	39.56	25.39	17.04	32.01	28.14
Total Current Assets	1,376	1,276	1,205	1,159	1,254	849.49
Property, Plant & Equipment	657.19	686.73	663.37	670.41	694.84	536.05
Long-Term Investments	11.21	16.87	9.7	0.25	0.25	0.25
Other Intangible Assets	79.92	81.68	82.51	84.86	86.99	50.76
Long-Term Deferred Tax Assets	10.57	11.36	10.06	8.19	2.07	5.89
Long-Term Deferred Charges	15.96	17.1	20.44	21.21	23.45	13.58
Other Long-Term Assets	-	0.16	1.21	5.19	24.24	37.95
Total Assets	2,151	2,090	1,992	1,949	2,086	1,494
Accounts Payable	450.8	480.96	439.02	429.92	528.46	653.31
Accrued Expenses	18.25	33.94	28.85	28.82	27.79	27.82
Short-Term Debt	199.78	100.13	2.78	-	-	99.18
Current Portion of Leases	3.91	3.7	3.39	1.35	1.54	-
Current Income Taxes Payable	6.46	0.01	1.26	3.5	0	17.88
Current Unearned Revenue	4.29	5.9	6.01	7.05	5.99	5.36
Other Current Liabilities	8.24	3.03	4	3.9	2.9	2.13
Total Current Liabilities	691.73	627.67	485.3	474.54	566.67	805.68
Long-Term Leases	5.71	8.18	11.88	3.29	5.07	-
Long-Term Unearned Revenue	41.78	42.2	45.22	39.05	6.84	6.74
Total Liabilities	739.23	678.06	542.4	516.88	578.59	812.42
Common Stock	271.86	271.86	271.86	271.86	271.86	203.89
Additional Paid-In Capital	723.24	723.24	723.24	723.24	723.24	29.66
Retained Earnings	398.01	388.68	377.64	357.46	419.62	379.87
Treasury Stock	-49.69	-49.69	-	-	-	-
Comprehensive Income & Other	-9.91	-0.01	-0.01	-0	0.01	0.01
Total Common Equity	1,334	1,334	1,373	1,353	1,415	613.43
Minority Interest	78.11	77.43	76.88	79.2	92.32	68.12
Shareholders' Equity	1,412	1,412	1,450	1,432	1,507	681.55
Total Liabilities & Equity	2,151	2,090	1,992	1,949	2,086	1,494
Total Debt	209.41	112.01	18.05	4.64	6.61	99.18
Net Cash (Debt)	776.34	751.74	845.01	684.82	877.44	360.07
Net Cash Growth	2.77%	-11.04%	23.39%	-21.95%	143.68%	100.55%
Net Cash Per Share	3.01	2.89	2.93	2.54	3.75	1.77
Filing Date Shares Outstanding	266.42	266.42	268.51	271.86	271.86	203.89
Total Common Shares Outstanding	266.42	266.42	271.86	271.86	271.86	203.89
Working Capital	684.27	647.99	719.42	683.99	687.12	43.81
Book Value Per Share	5.01	5.01	5.05	4.98	5.20	3.01
Tangible Book Value	1,254	1,252	1,290	1,268	1,328	562.67
Tangible Book Value Per Share	4.71	4.70	4.75	4.66	4.88	2.76
Buildings	-	339.85	299.52	299.19	295.64	212.67
Machinery	-	588.05	525.39	56.77	565.38	434.07
Construction In Progress	-	83.45	107.12	93.89	31.61	50.24

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