SHE:301029 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,195	1,833	1,112	1,115	744.08	581.41
Trading Asset Securities	700	300	-	-	350	-
Cash & Short-Term Investments	1,895	2,133	1,112	1,115	1,094	581.41
Cash Growth	49.66%	91.73%	-0.27%	1.96%	88.18%	-8.60%
Accounts Receivable	1,008	825.08	1,053	871.09	567.14	373.68
Other Receivables	7.51	2.79	2.5	2.46	0.49	1.68
Receivables	1,015	827.87	1,056	873.55	567.63	375.36
Inventory	461.59	466.3	471.05	602.95	392.52	236.12
Other Current Assets	16	9.84	9.89	13.55	9.98	12.04
Total Current Assets	3,388	3,437	2,649	2,606	2,064	1,205
Property, Plant & Equipment	1,269	1,044	813.13	709.21	647.62	396.12
Long-Term Investments	11.38	11.38	11.38	11.38	-	-
Other Intangible Assets	133.31	132.69	135.94	34.16	32.95	33.99
Long-Term Deferred Tax Assets	22.27	15.3	11.34	11.69	6.32	5.2
Long-Term Deferred Charges	11.41	13.56	19.46	21.72	7.76	2.1
Other Long-Term Assets	14.58	15.94	8.71	32.28	16.27	23.3
Total Assets	4,850	4,670	3,649	3,426	2,775	1,666
Accounts Payable	432.27	436.65	402.44	551.37	358.51	192.2
Accrued Expenses	55.44	68.94	66.95	59.83	57.24	50.29
Short-Term Debt	1.79	-	1.08	-	-	-
Current Portion of Leases	6.04	3.05	7.64	5.91	0.2	-
Current Income Taxes Payable	45.64	5.42	5.6	8.83	17.72	10.72
Current Unearned Revenue	28.4	26.46	36.52	53.52	60.06	37.58
Other Current Liabilities	4.99	5.92	39.57	57.59	12.05	11.25
Total Current Liabilities	574.57	546.43	559.8	737.05	505.77	302.06
Long-Term Leases	9.63	3.46	10.09	15.03	0.16	-
Long-Term Unearned Revenue	11.63	8.56	6.06	6.88	6.5	5.87
Long-Term Deferred Tax Liabilities	-	0.02	0.02	0.91	-	-
Total Liabilities	595.84	558.47	575.97	759.87	512.42	307.93
Common Stock	634.2	634.2	577.79	481.56	400.01	360
Additional Paid-In Capital	1,582	1,571	796.16	902.64	918.4	454.07
Retained Earnings	2,038	1,906	1,732	1,331	944.29	543.64
Treasury Stock	-	-	-32.74	-48.78	-	-
Shareholders' Equity	4,254	4,111	3,073	2,666	2,263	1,358
Total Liabilities & Equity	4,850	4,670	3,649	3,426	2,775	1,666
Total Debt	17.46	6.5	18.81	20.95	0.35	-
Net Cash (Debt)	1,877	2,126	1,094	1,095	1,094	581.41
Net Cash Growth	48.98%	94.43%	-0.08%	0.07%	88.11%	-8.60%
Net Cash Per Share	3.20	3.63	1.90	1.91	2.02	1.12
Filing Date Shares Outstanding	634.2	634.2	560.23	577.87	576.01	518.4
Total Common Shares Outstanding	634.2	634.2	560.23	577.87	576.01	518.4
Working Capital	2,813	2,890	2,089	1,868	1,558	902.87
Book Value Per Share	6.71	6.48	5.49	4.61	3.93	2.62
Tangible Book Value	4,120	3,979	2,937	2,632	2,230	1,324
Tangible Book Value Per Share	6.50	6.27	5.24	4.55	3.87	2.55
Buildings	-	465.05	465.05	465.05	465.05	15.41
Machinery	-	385.34	370.74	308.41	224.66	74.26
Construction In Progress	-	382.56	99.84	0.67	-	336.19

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