SHE:301038 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	189.59	604.67	473.11	592.92	555.28	400.78
Cash & Short-Term Investments	370.73	604.67	473.11	592.92	555.28	400.78
Cash Growth	-8.04%	27.81%	-20.21%	6.78%	38.55%	16.27%
Accounts Receivable	1,002	917.88	915.21	897.5	840.81	745.03
Other Receivables	16.94	9.37	9.81	7.54	8.08	18.14
Receivables	1,019	927.25	925.02	905.62	850.02	763.17
Inventory	-	-	21.65	-	38.5	6.62
Prepaid Expenses	-	0	0.07	-	-	-
Other Current Assets	5.35	9.66	12.41	14.36	25.68	18.47
Total Current Assets	1,395	1,542	1,432	1,513	1,469	1,189
Property, Plant & Equipment	227.41	235.21	220.95	153.11	159.76	135.77
Long-Term Investments	34.08	33.58	32.53	27.58	20.36	15.84
Other Intangible Assets	63.28	67.78	66.13	65.62	69.29	74.56
Long-Term Deferred Tax Assets	87.43	84.51	78.81	59.94	30.41	21.2
Long-Term Deferred Charges	7.25	9.29	10.33	10.9	37	80.58
Other Long-Term Assets	32.9	0.95	-	-	-	-
Total Assets	1,847	1,973	1,841	1,830	1,786	1,517
Accounts Payable	591.79	627.84	556.29	456.3	348.49	339.28
Accrued Expenses	57.61	205.57	183.31	177.79	167.76	137.24
Short-Term Debt	10	6	6.89	13.01	3.28	-
Current Portion of Leases	-	2.88	5.46	12.56	15.4	-
Current Income Taxes Payable	74.73	2.63	5.08	11.47	13.85	-
Current Unearned Revenue	139.53	176.2	201.13	168.59	218.54	228.45
Other Current Liabilities	77.87	53.42	30.56	107.7	54.72	142.46
Total Current Liabilities	951.53	1,075	988.71	947.42	822.05	847.42
Long-Term Leases	1.33	0.92	6.21	8.15	16.15	-
Long-Term Unearned Revenue	0.07	0.15	0.51	0.94	0.3	3
Long-Term Deferred Tax Liabilities	0.57	0.58	1.71	3.05	-	-
Other Long-Term Liabilities	-	-	-	-	5.5	5.5
Total Liabilities	953.49	1,076	997.14	959.56	843.99	855.92
Common Stock	223.08	171.6	171.6	171.6	132	99
Additional Paid-In Capital	386.07	437.55	437.55	437.55	477.15	335.35
Retained Earnings	284.54	284.52	231.69	261.35	333.17	226.71
Total Common Equity	893.69	893.67	840.84	870.5	942.31	661.06
Minority Interest	-	3.04	3.04	-0	-	-
Shareholders' Equity	893.69	896.71	843.87	870.5	942.31	661.06
Total Liabilities & Equity	1,847	1,973	1,841	1,830	1,786	1,517
Total Debt	11.33	9.8	18.56	33.72	34.83	-
Net Cash (Debt)	359.4	594.87	454.55	559.2	520.45	400.78
Net Cash Growth	-9.65%	30.87%	-18.71%	7.45%	29.86%	16.27%
Net Cash Per Share	1.61	2.67	2.04	2.51	2.73	2.39
Filing Date Shares Outstanding	223.08	223.08	223.08	223.08	223.08	167.31
Total Common Shares Outstanding	223.08	223.08	223.08	223.08	223.08	167.31
Working Capital	443.29	467.04	443.55	565.48	647.43	341.61
Book Value Per Share	4.01	4.01	3.77	3.90	4.22	3.95
Tangible Book Value	830.41	825.89	774.71	804.88	873.02	586.51
Tangible Book Value Per Share	3.72	3.70	3.47	3.61	3.91	3.51
Buildings	-	227.89	192.99	10.7	10.7	10.7
Machinery	-	202.28	222.95	220.64	211.86	202.67
Construction In Progress	-	-	2.19	87.81	45.39	10.34

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