SHE:301068 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	281.77	217.14	147.07	104.6	138.97	40.94
Cash & Short-Term Investments	281.77	217.14	147.07	104.6	138.97	40.94
Cash Growth	219.10%	47.64%	40.61%	-24.73%	239.45%	-52.02%
Accounts Receivable	640.53	569.78	580.5	488.2	441.77	431.6
Other Receivables	9.34	6.65	8.47	7.47	7.92	10.14
Receivables	649.87	576.43	588.96	495.66	449.68	441.75
Inventory	51.4	39.95	23.9	26.66	30.22	10.04
Other Current Assets	32.51	23.3	25.83	29.62	28.96	26.74
Total Current Assets	1,016	856.82	785.77	656.54	647.84	519.47
Property, Plant & Equipment	457.23	391.55	423.44	449.02	447.45	360.25
Goodwill	30.68	30.68	39.66	28.8	-	-
Other Intangible Assets	84.01	42.75	43.81	44.4	45.37	46.34
Long-Term Deferred Tax Assets	25.89	24.33	35.2	49.92	39.71	19.47
Long-Term Deferred Charges	24.09	6.06	6.58	3.22	0.02	0.05
Other Long-Term Assets	-	0.53	-	0.01	1.83	2.74
Total Assets	1,637	1,353	1,334	1,232	1,182	948.33
Accounts Payable	75.98	58.48	100	114.98	169.97	142.73
Accrued Expenses	25.58	19	16.86	17.29	20.6	11.86
Short-Term Debt	395.08	258.72	244.26	149.76	111.16	77.35
Current Portion of Leases	16.55	1.18	2.23	1.26	-	-
Current Income Taxes Payable	16.62	6.91	5.62	7.77	1.05	23.22
Current Unearned Revenue	34.88	6.18	8.08	5.06	5.24	5.8
Other Current Liabilities	3.8	3.16	3.77	7.11	1.59	1.12
Total Current Liabilities	568.49	353.64	380.82	303.23	309.61	262.09
Long-Term Debt	127.95	-	-	-	-	134.32
Long-Term Leases	13.52	3.73	1.25	2.23	-	-
Long-Term Unearned Revenue	112.03	117.49	124.5	120.11	111.07	98.34
Long-Term Deferred Tax Liabilities	0.02	0.02	0.03	19.16	19.57	2.83
Other Long-Term Liabilities	2.69	1.07	1.06	1.23	1.17	0.4
Total Liabilities	824.7	475.95	507.65	445.95	441.41	497.99
Common Stock	141.32	108.92	84	84	84	63
Additional Paid-In Capital	258.81	365.7	385.94	385.94	385.94	167.44
Retained Earnings	409.4	419.45	354.25	315.58	270.4	218.8
Treasury Stock	-20	-20	-	-	-	-
Comprehensive Income & Other	1.06	0.54	0.44	0.44	0.46	1.1
Total Common Equity	790.59	874.61	824.63	785.96	740.8	450.34
Minority Interest	22.16	2.17	2.18	-	-	-
Shareholders' Equity	812.75	876.78	826.8	785.96	740.8	450.34
Total Liabilities & Equity	1,637	1,353	1,334	1,232	1,182	948.33
Total Debt	553.11	263.64	247.73	153.25	111.16	211.67
Net Cash (Debt)	-271.34	-46.5	-100.66	-48.65	27.81	-170.73
Net Cash Per Share	-1.92	-0.33	-0.71	-0.34	0.24	-1.61
Filing Date Shares Outstanding	139.74	140.02	141.96	141.96	141.96	106.47
Total Common Shares Outstanding	139.74	140.02	141.96	141.96	141.96	106.47
Working Capital	447.06	503.18	404.94	353.31	338.23	257.38
Book Value Per Share	5.66	6.25	5.81	5.54	5.22	4.23
Tangible Book Value	675.9	801.18	741.16	712.76	695.43	404
Tangible Book Value Per Share	4.84	5.72	5.22	5.02	4.90	3.79
Buildings	-	306.31	306.77	308.73	292.34	-
Machinery	-	214.84	213.71	202.74	186.84	47.38
Construction In Progress	-	1.28	0.93	1.86	2.02	337.62

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