SHE:301077 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	770.58	993.45	1,044	998.12	965.82	53.1
Trading Asset Securities	302.21	135.44	0.13	5	-	70
Cash & Short-Term Investments	1,073	1,129	1,044	1,003	965.82	123.1
Cash Growth	-8.94%	8.12%	4.08%	3.86%	684.58%	32.16%
Accounts Receivable	119.14	139.4	129.73	126.48	116.41	87.98
Other Receivables	4.59	4.06	4.15	2.36	18.04	1.04
Receivables	123.73	143.46	133.88	128.85	134.45	89.02
Inventory	146.65	143.16	147.6	164.95	115.97	83.11
Prepaid Expenses	-	0.4	0.53	0.77	0.17	-
Other Current Assets	16.28	18.66	14.83	11.59	14.2	19.07
Total Current Assets	1,359	1,435	1,341	1,309	1,231	314.3
Property, Plant & Equipment	360.45	368.76	344.54	259.39	233.03	146.78
Long-Term Investments	0.16	0.06	-	2	-	-
Other Intangible Assets	71.09	71.9	73.63	64.3	42.66	43.6
Long-Term Accounts Receivable	3.62	3.09	6.08	-	-	-
Long-Term Deferred Tax Assets	3.72	4.33	3.4	2.27	2.21	1.59
Long-Term Deferred Charges	1.42	1.32	2.33	4.19	4.62	3.11
Other Long-Term Assets	6.15	4.52	6.05	6.07	23.77	10.59
Total Assets	1,806	1,889	1,777	1,647	1,537	519.97
Accounts Payable	123.19	132.71	126.36	134.94	116.33	118.95
Accrued Expenses	17.04	29.8	21.77	13.92	18.32	19.65
Short-Term Debt	434.33	438.66	299.7	189.64	30.04	30.54
Current Portion of Long-Term Debt	3.13	1.05	45.05	5	7.76	9.87
Current Portion of Leases	-	2.55	1.34	2.41	2.9	-
Current Income Taxes Payable	7.74	7.16	7.4	2.88	10.44	4.08
Current Unearned Revenue	10.65	13.51	11.62	13.37	13.72	14.76
Other Current Liabilities	19.34	20.8	22.74	19.66	43.29	32.72
Total Current Liabilities	615.42	646.24	535.99	381.83	242.8	230.57
Long-Term Debt	43.91	14.96	5	45.04	52.07	20.29
Long-Term Leases	0.99	1.83	3.35	0.24	1.59	-
Long-Term Deferred Tax Liabilities	0.61	0.76	0.96	1.15	-	-
Total Liabilities	660.94	663.78	545.3	428.26	296.46	250.86
Common Stock	170.08	120	120	120	60	45
Additional Paid-In Capital	618.08	764.6	762.64	761.99	821.34	-
Retained Earnings	358.62	394.76	350.71	337.24	359.1	224.11
Treasury Stock	-	-52.98	-	-	-	-
Comprehensive Income & Other	-1.65	-1.65	-1.7	-	-	-
Total Common Equity	1,145	1,225	1,232	1,219	1,240	269.11
Minority Interest	-	-	-	-0	-	-
Shareholders' Equity	1,145	1,225	1,232	1,219	1,240	269.11
Total Liabilities & Equity	1,806	1,889	1,777	1,647	1,537	519.97
Total Debt	482.37	459.05	354.44	242.34	94.36	60.7
Net Cash (Debt)	590.42	669.84	689.64	760.78	871.46	62.41
Net Cash Growth	-17.57%	-2.87%	-9.35%	-12.70%	1296.47%	31.52%
Net Cash Per Share	2.76	3.81	3.93	4.35	6.10	0.47
Filing Date Shares Outstanding	170.08	172.16	175.2	175.2	175.2	131.4
Total Common Shares Outstanding	170.08	172.16	175.2	175.2	175.2	131.4
Working Capital	744.03	788.32	804.94	927.45	987.81	83.72
Book Value Per Share	6.73	7.11	7.03	6.96	7.08	2.05
Tangible Book Value	1,074	1,153	1,158	1,155	1,198	225.51
Tangible Book Value Per Share	6.31	6.70	6.61	6.59	6.84	1.72
Buildings	-	215.18	139.84	139.84	75.72	75.72
Machinery	-	170.2	158.34	135.91	108.93	80.99
Construction In Progress	-	79.85	120.86	41.3	84.61	19.51

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