SHE:301086 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	517.45	235.53	289.74	615.36	548.77	80.16
Trading Asset Securities	427.96	496.75	517.62	403.51	715.75	-
Cash & Short-Term Investments	945.41	732.28	807.35	1,019	1,265	80.16
Cash Growth	19.92%	-9.30%	-20.76%	-19.43%	1477.46%	21.17%
Accounts Receivable	498.01	376.96	425.8	439.58	274.2	268.56
Other Receivables	26.32	29.98	4.97	4.98	2.67	3.55
Receivables	524.33	406.94	430.77	444.55	276.87	272.11
Inventory	143.77	119.68	76.59	105.31	82.24	69.73
Prepaid Expenses	-	-	-	-	0.17	0.09
Other Current Assets	91.83	159.39	35.69	16.69	19.93	17.28
Total Current Assets	1,705	1,418	1,350	1,585	1,644	439.37
Property, Plant & Equipment	1,077	1,057	944.91	616.14	348.74	148.39
Long-Term Investments	54.53	46.79	41.1	10.72	-	-
Goodwill	25.67	25.67	25.67	25.67	25.67	25.67
Other Intangible Assets	71.15	72.32	72.89	76.25	79.41	69.89
Long-Term Accounts Receivable	1.1	1.68	2.39	-	-	-
Long-Term Deferred Tax Assets	29.1	27.11	24.93	19.09	12.03	6.99
Long-Term Deferred Charges	7.97	5.03	1.41	1.6	3.96	6.17
Other Long-Term Assets	24.86	15.88	5.84	16.86	13.35	7.57
Total Assets	2,997	2,670	2,470	2,352	2,127	704.06
Accounts Payable	483.72	378.79	228.22	304.8	163.22	170.89
Accrued Expenses	15.33	45.41	33.33	53.14	35.43	34.1
Short-Term Debt	294.58	115.9	94.07	30	101.36	78.05
Current Portion of Long-Term Debt	20.88	15.67	9.58	-	-	-
Current Portion of Leases	-	3.2	3.63	3.66	11.27	-
Current Income Taxes Payable	52.36	12.08	14.02	21.74	16.1	18.67
Current Unearned Revenue	18.8	19.41	8.19	13.04	2.54	0.36
Other Current Liabilities	12.37	2.45	3.26	1.05	2.93	17.95
Total Current Liabilities	898.03	592.9	394.3	427.43	332.85	320.03
Long-Term Debt	155	114.83	141.26	24.72	-	23.57
Long-Term Leases	3.73	5.16	3.58	2.91	5.77	-
Long-Term Unearned Revenue	6.05	7.39	9.56	9.92	6.95	8.02
Long-Term Deferred Tax Liabilities	-	0.02	-	-	0.26	0.01
Other Long-Term Liabilities	-	-	-	0.77	0.68	5.89
Total Liabilities	1,063	720.3	548.71	465.76	346.5	357.52
Common Stock	90	90	90	60	60	45
Additional Paid-In Capital	1,373	1,373	1,374	1,400	1,394	91.62
Retained Earnings	488.93	479.27	450.55	422.69	324.34	207.55
Total Common Equity	1,932	1,942	1,914	1,882	1,779	344.17
Minority Interest	2.36	7.8	6.4	3.57	1.81	2.37
Shareholders' Equity	1,934	1,950	1,921	1,886	1,780	346.54
Total Liabilities & Equity	2,997	2,670	2,470	2,352	2,127	704.06
Total Debt	474.19	254.75	252.13	61.29	118.4	101.62
Net Cash (Debt)	471.22	477.53	555.22	957.58	1,146	-21.46
Net Cash Growth	3.88%	-13.99%	-42.02%	-16.45%	-	-
Net Cash Per Share	5.26	5.31	17.78	10.64	16.09	-0.32
Filing Date Shares Outstanding	89.66	90	90	90	90	67.5
Total Common Shares Outstanding	89.66	90	90	90	90	67.5
Working Capital	807.31	825.39	956.1	1,158	1,311	119.35
Book Value Per Share	21.55	21.58	21.27	20.92	19.76	5.10
Tangible Book Value	1,835	1,844	1,816	1,781	1,674	248.61
Tangible Book Value Per Share	20.47	20.49	20.18	19.78	18.59	3.68
Buildings	-	697.42	252.47	100.21	75.11	-
Machinery	-	248.53	220.3	174.49	141.1	-
Construction In Progress	-	252.78	570.66	405.07	154.14	-

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