SHE:301028 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	2018 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Cash & Equivalents	182.59	362.28	525.93	789.81	705.81	259.95	Upgrade
Short-Term Investments	413.3	10.67	-	-	-	-	Upgrade
Cash & Short-Term Investments	781.61	372.95	525.93	789.81	705.81	259.95	Upgrade
Cash Growth	52.30%	-29.09%	-33.41%	11.90%	171.52%	26.37%	Upgrade
Accounts Receivable	301.45	231.68	165.26	140.92	156.75	114.1	Upgrade
Other Receivables	1.15	1.04	0.7	0.5	0.56	0.32	Upgrade
Receivables	302.6	232.72	165.95	141.42	157.31	114.43	Upgrade
Inventory	197.08	201.61	185.39	191.83	212.52	126.25	Upgrade
Prepaid Expenses	-	-	-	2.76	-	-	Upgrade
Other Current Assets	44.21	54.51	29.67	21.81	30.27	27.22	Upgrade
Total Current Assets	1,326	861.8	906.94	1,148	1,106	527.84	Upgrade
Property, Plant & Equipment	876.2	730.95	379.81	286.87	274.54	311.03	Upgrade
Long-Term Investments	-	647.63	403.35	-	-	-	Upgrade
Other Intangible Assets	41.15	41.85	43.19	43.58	18.67	17.03	Upgrade
Long-Term Deferred Tax Assets	47.25	42.56	35.62	33	29.45	17.73	Upgrade
Long-Term Deferred Charges	-	-	0	0.09	0.18	-	Upgrade
Other Long-Term Assets	499.64	122.2	120.66	130	139.76	11.89	Upgrade
Total Assets	2,790	2,447	1,890	1,641	1,569	885.53	Upgrade
Accounts Payable	354.37	349.51	259.09	168.42	208.19	175.7	Upgrade
Accrued Expenses	31.98	42.12	33.5	25.17	24.97	26.48	Upgrade
Short-Term Debt	-	-	-	-	-	9.02	Upgrade
Current Portion of Long-Term Debt	23.26	8.76	0.01	-	-	-	Upgrade
Current Income Taxes Payable	19.21	11.62	6.19	9.44	16.32	12.57	Upgrade
Current Unearned Revenue	310.97	280.98	244.35	218.59	187.2	112.13	Upgrade
Other Current Liabilities	16.17	14.51	12.05	15.7	15.53	2.97	Upgrade
Total Current Liabilities	755.96	707.51	555.19	437.32	452.2	338.88	Upgrade
Long-Term Debt	358.8	234.2	8.7	-	-	-	Upgrade
Long-Term Unearned Revenue	25.42	27.46	22.05	21.21	17.67	10.42	Upgrade
Total Liabilities	1,140	969.16	585.94	458.53	469.87	349.29	Upgrade
Common Stock	384.05	381.77	378.91	378.91	378.91	283.91	Upgrade
Additional Paid-In Capital	415.21	399.55	369.4	354.6	354.6	7.36	Upgrade
Retained Earnings	850.31	696.49	555.33	449.13	365.13	244.96	Upgrade
Shareholders' Equity	1,650	1,478	1,304	1,183	1,099	536.23	Upgrade
Total Liabilities & Equity	2,790	2,447	1,890	1,641	1,569	885.53	Upgrade
Total Debt	382.06	242.96	8.71	-	-	9.02	Upgrade
Net Cash (Debt)	399.56	129.99	517.22	789.81	705.81	250.93	Upgrade
Net Cash Growth	-0.21%	-74.87%	-34.51%	11.90%	181.28%	27.58%	Upgrade
Net Cash Per Share	1.04	0.34	1.36	2.08	2.19	0.88	Upgrade
Filing Date Shares Outstanding	384.05	381.77	378.91	378.91	378.91	283.91	Upgrade
Total Common Shares Outstanding	384.05	381.77	378.91	378.91	378.91	283.91	Upgrade
Working Capital	569.54	154.29	351.75	710.3	653.71	188.96	Upgrade
Book Value Per Share	4.30	3.87	3.44	3.12	2.90	1.89	Upgrade
Tangible Book Value	1,608	1,436	1,260	1,139	1,080	519.2	Upgrade
Tangible Book Value Per Share	4.19	3.76	3.33	3.01	2.85	1.83	Upgrade
Buildings	-	115.81	115.81	115.81	115.81	113.48	Upgrade
Machinery	-	381.32	373.08	380.12	333.81	275.91	Upgrade
Construction In Progress	-	511.7	138.45	17.5	18.65	86.12	Upgrade

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