SHE:301022 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	148.68	122.29	111.03	155.76	323.45	77.77
Trading Asset Securities	146.25	220.15	331.33	122.43	218.79	-
Cash & Short-Term Investments	294.93	342.45	442.36	278.19	542.24	77.77
Cash Growth	-29.15%	-22.59%	59.02%	-48.70%	597.22%	40.69%
Accounts Receivable	445.51	346.88	356.22	229.92	215.76	163.66
Other Receivables	1.6	3.46	1.96	4.35	3.54	2.9
Receivables	447.1	350.35	358.18	234.27	219.3	166.56
Inventory	592.29	533.62	458.18	369.57	280.44	294.01
Other Current Assets	17.55	15.09	31.03	29.87	24.85	13.43
Total Current Assets	1,352	1,242	1,290	911.9	1,067	551.77
Property, Plant & Equipment	589.63	513.3	392.66	247.19	175.53	160.94
Long-Term Investments	21.02	21.02	21.02	21.02	-	-
Other Intangible Assets	60.2	59.62	54.94	23.65	24.67	24.08
Long-Term Deferred Tax Assets	23.93	22.83	20.57	12.92	8.69	6.17
Long-Term Deferred Charges	0.23	0.33	0.6	0.09	1.05	4.01
Other Long-Term Assets	165	63.2	70.8	113.65	19.46	2.61
Total Assets	2,212	1,922	1,850	1,330	1,296	749.58
Accounts Payable	276.67	245.44	214.19	222.19	232.1	192.43
Accrued Expenses	25.83	31.23	28.21	24.05	25.13	20.93
Short-Term Debt	91.57	-	-	-	-	7.32
Current Portion of Long-Term Debt	0.22	1.33	1.02	-	-	-
Current Portion of Leases	-	2	3.96	1.81	1.15	3.33
Current Income Taxes Payable	7.71	2.53	6.71	4.09	2.89	3.83
Current Unearned Revenue	305.13	251.06	246.34	144.21	145.4	147.13
Other Current Liabilities	11.03	8.61	9.52	8.41	9.27	7.39
Total Current Liabilities	718.17	542.2	509.95	404.76	415.95	382.36
Long-Term Debt	40.44	286.23	277.82	-	-	-
Long-Term Leases	-	-	1.88	2.85	-	5
Long-Term Unearned Revenue	3.4	4.34	4.46	5.58	6.16	3.45
Long-Term Deferred Tax Liabilities	1.19	22.33	32.65	2.57	0.6	-
Other Long-Term Liabilities	32.36	22.31	17.49	15.59	12.86	10.42
Total Liabilities	795.57	877.42	844.25	431.35	435.57	401.23
Common Stock	99.48	84.76	83.2	64	64	48
Additional Paid-In Capital	993.92	588.37	541.6	555.99	555.99	119.11
Retained Earnings	305.12	271.84	277.72	273.63	238.47	177.84
Comprehensive Income & Other	17.79	99.4	103.58	5.44	2.2	3.39
Total Common Equity	1,416	1,044	1,006	899.07	860.65	348.35
Minority Interest	-	-	-	0	0	0
Shareholders' Equity	1,416	1,044	1,006	899.07	860.65	348.35
Total Liabilities & Equity	2,212	1,922	1,850	1,330	1,296	749.58
Total Debt	132.23	289.56	284.68	4.66	1.15	15.65
Net Cash (Debt)	162.7	52.89	157.68	273.53	541.09	62.12
Net Cash Growth	90.23%	-66.46%	-42.35%	-49.45%	771.04%	13.31%
Net Cash Per Share	1.91	0.63	1.89	3.29	7.43	1.00
Filing Date Shares Outstanding	99.48	84.76	83.2	83.2	83.2	62.4
Total Common Shares Outstanding	99.48	84.76	83.2	83.2	83.2	62.4
Working Capital	633.71	699.31	779.82	507.14	650.89	169.4
Book Value Per Share	14.24	12.32	12.09	10.81	10.34	5.58
Tangible Book Value	1,356	984.75	951.16	875.41	835.99	324.26
Tangible Book Value Per Share	13.63	11.62	11.43	10.52	10.05	5.20
Buildings	-	247.86	180.36	65.27	65.27	64.49
Machinery	-	401.07	317.4	191.44	166.35	157.09
Construction In Progress	-	13.15	-	66.45	9.56	-
Order Backlog	-	938	-	-	-	-

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