SHE:301053 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	260.82	380.2	176.28	264.52	297.02	142.61
Cash & Short-Term Investments	285.82	380.2	176.28	264.52	297.02	142.61
Cash Growth	-18.66%	115.68%	-33.36%	-10.94%	108.27%	97.18%
Accounts Receivable	255.34	204.38	182.13	173.37	119.14	99.77
Other Receivables	6.81	6.33	5.52	3.19	3.02	3.29
Receivables	262.15	210.71	187.65	176.56	122.15	103.06
Inventory	257.78	248.64	206.73	159.21	263.49	124.72
Other Current Assets	25.07	18.92	13.38	5.8	7.47	12.77
Total Current Assets	830.82	858.47	584.04	606.08	690.12	383.16
Property, Plant & Equipment	491.29	432.03	374.97	256.71	250.1	204.52
Long-Term Investments	0.48	0.48	0.48	0.48	-	-
Other Intangible Assets	64.7	65.88	67.5	34.41	35.17	35.94
Long-Term Deferred Tax Assets	4.96	0.85	6.81	5.11	3.95	3.35
Long-Term Deferred Charges	0.64	0.92	1.32	0.5	0.74	0.41
Other Long-Term Assets	4.83	8.38	7.88	3.28	2.99	0.12
Total Assets	1,398	1,367	1,043	906.57	983.07	627.49
Accounts Payable	240.31	190.07	246.63	208.87	223.04	187.53
Accrued Expenses	19.44	29.88	27.65	21.67	23.31	18.05
Short-Term Debt	17.51	20.38	21.85	5.42	-	-
Current Portion of Leases	1.1	1.22	0.71	1.24	0.89	-
Current Income Taxes Payable	7.57	6.31	1.47	1.79	4.14	5.39
Current Unearned Revenue	144.22	130.18	72.9	60.69	162.88	120.33
Other Current Liabilities	28.28	41.68	9.95	9.53	27.6	15.33
Total Current Liabilities	458.43	419.72	381.16	309.2	441.86	346.64
Long-Term Debt	191.65	219.56	25.73	-	-	10.01
Long-Term Leases	1.62	1.66	2.32	3.52	3.42	0.92
Long-Term Unearned Revenue	7.52	7.9	6.03	7.35	8.67	9.79
Other Long-Term Liabilities	6.11	15.14	23.96	0.35	-	-
Total Liabilities	665.34	663.98	439.19	320.42	453.95	367.36
Common Stock	84.22	81.75	81.75	81.75	81.75	61.31
Additional Paid-In Capital	234.59	176.5	176.86	176.13	176.13	13.08
Retained Earnings	361.21	371.33	329.51	319.38	269.67	184.4
Comprehensive Income & Other	46.27	57.88	0.13	-0	-0.11	0.23
Total Common Equity	726.3	687.47	588.25	577.25	527.43	259.03
Minority Interest	6.08	15.58	15.54	8.9	1.69	1.1
Shareholders' Equity	732.38	703.04	603.79	586.16	529.13	260.13
Total Liabilities & Equity	1,398	1,367	1,043	906.57	983.07	627.49
Total Debt	211.88	242.82	50.6	10.17	4.31	10.93
Net Cash (Debt)	73.95	137.38	125.68	254.34	292.7	131.68
Net Cash Growth	-45.26%	9.32%	-50.59%	-13.11%	122.28%	82.59%
Net Cash Per Share	0.91	1.68	1.51	3.11	4.29	2.16
Filing Date Shares Outstanding	84.22	81.75	81.75	81.75	81.75	61.31
Total Common Shares Outstanding	84.22	81.75	81.75	81.75	81.75	61.31
Working Capital	372.39	438.75	202.88	296.89	248.27	36.52
Book Value Per Share	8.62	8.41	7.20	7.06	6.45	4.22
Tangible Book Value	661.6	621.58	520.76	542.84	492.27	223.09
Tangible Book Value Per Share	7.86	7.60	6.37	6.64	6.02	3.64
Buildings	-	240.51	161.73	150.71	150.33	-
Machinery	-	194.22	182.59	134.09	129.89	-
Construction In Progress	-	145.83	156.21	74.01	53.4	-

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