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

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