SHE:301010 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	123.01	138.85	233.03	210.77	197.14	163.04
Trading Asset Securities	-	-	10.11	30.05	90.04	-
Cash & Short-Term Investments	123.01	138.85	243.14	240.82	287.18	163.04
Cash Growth	-14.02%	-42.89%	0.97%	-16.14%	76.14%	11.62%
Accounts Receivable	383.58	421.5	472.42	388.18	377.08	309.89
Other Receivables	5.36	3.31	6.41	5.68	4.24	3.87
Receivables	388.94	424.8	478.83	393.85	381.32	313.76
Inventory	617.96	587.87	696.19	653.24	565.17	348.72
Prepaid Expenses	-	1.37	1.7	0.93	0.05	4.94
Other Current Assets	99.5	84.02	93.98	68.93	55.01	27.61
Total Current Assets	1,229	1,237	1,514	1,358	1,289	858.06
Property, Plant & Equipment	179.26	192.09	210.78	216.39	154.78	118.9
Long-Term Investments	0.24	10.31	-	-	-	-
Other Intangible Assets	44.86	46.03	46.22	47.04	45.9	46.58
Long-Term Deferred Tax Assets	30.41	29.99	27.53	26.5	22.87	19.58
Long-Term Deferred Charges	9.41	6.18	5.82	2.7	2.83	2.45
Other Long-Term Assets	6.18	12.17	11.29	10.01	8.92	4.96
Total Assets	1,500	1,534	1,815	1,660	1,524	1,051
Accounts Payable	180.91	288.13	456.04	372.31	331.79	199.7
Accrued Expenses	6.16	21.05	24.89	22.55	21.18	18.64
Short-Term Debt	69.34	68.85	39.53	45.04	30.03	41.31
Current Portion of Long-Term Debt	-	0.01	5.01	-	-	-
Current Portion of Leases	10.73	0.7	0.67	0.64	0.84	-
Current Income Taxes Payable	2.56	0.24	2.84	2.37	8.77	8.51
Current Unearned Revenue	369.94	273.55	405.12	379.12	310.38	204.67
Other Current Liabilities	5.06	3.29	9.33	5.04	6.7	5.3
Total Current Liabilities	644.71	655.82	943.43	827.08	709.69	478.13
Long-Term Debt	-	10	10	-	-	-
Long-Term Leases	0.89	1	1.7	2.38	2.77	-
Long-Term Unearned Revenue	16.11	18.57	21.83	23.13	20.11	7.42
Other Long-Term Liabilities	9.37	8.7	6.82	4.32	6.95	5.72
Total Liabilities	671.07	694.09	983.78	856.91	739.52	491.27
Common Stock	108	108	108	108	108	81
Additional Paid-In Capital	396.5	396.5	396.5	396.5	396.5	266.28
Retained Earnings	317.92	329.36	321.01	293.62	275.46	208.36
Comprehensive Income & Other	6.07	5.48	5.91	4.93	4.06	3.24
Total Common Equity	828.49	839.34	831.42	803.05	784.02	558.88
Minority Interest	0.22	0.26	0.27	0.45	0.48	0.38
Shareholders' Equity	828.71	839.6	831.7	803.5	784.5	559.26
Total Liabilities & Equity	1,500	1,534	1,815	1,660	1,524	1,051
Total Debt	80.96	80.56	56.92	48.06	33.64	41.31
Net Cash (Debt)	42.05	58.3	186.22	192.75	253.54	121.73
Net Cash Growth	-19.80%	-68.70%	-3.39%	-23.97%	108.28%	20.55%
Net Cash Per Share	0.39	0.54	1.72	1.78	2.68	1.50
Filing Date Shares Outstanding	108	108	108	108	108	81
Total Common Shares Outstanding	108	108	108	108	108	81
Working Capital	584.71	581.09	570.41	530.69	579.03	379.93
Book Value Per Share	7.67	7.77	7.70	7.44	7.26	6.90
Tangible Book Value	783.63	793.31	785.2	756.01	738.12	512.3
Tangible Book Value Per Share	7.26	7.35	7.27	7.00	6.83	6.32
Buildings	-	181.22	181.22	180.89	95.06	95.04
Machinery	-	183.86	184.41	169.36	133.22	116.91
Construction In Progress	-	-	-	2.38	50.17	21.06

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