SHE:301089 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	69.56	69.23	148.55	307.09	284.22	158.22
Trading Asset Securities	185.28	250.88	190.7	240.16	220.62	-
Cash & Short-Term Investments	254.83	320.11	339.26	547.25	504.84	158.22
Cash Growth	-28.75%	-5.64%	-38.01%	8.40%	219.08%	52.49%
Accounts Receivable	132.45	151.52	235.3	205.41	103.58	92.11
Other Receivables	0.2	21.32	12.57	13.66	0.62	0.28
Receivables	132.65	172.84	247.87	219.07	104.2	92.39
Inventory	190.79	178.88	204.11	241.14	167.08	159.9
Other Current Assets	30.12	5.18	30.93	6.54	20.64	4.41
Total Current Assets	608.39	677.01	822.17	1,014	796.76	414.91
Property, Plant & Equipment	860.66	874.54	809.38	610.26	449.11	415.14
Long-Term Investments	17.95	7.95	8.37	10.86	12.54	15.62
Other Intangible Assets	79.73	81.83	84.04	84.26	84.56	71.02
Long-Term Accounts Receivable	0.27	0.26	-	-	-	-
Long-Term Deferred Tax Assets	75.47	69.58	63.71	70.36	6.51	7.66
Long-Term Deferred Charges	2.87	4	2.7	1.86	2.33	8.01
Other Long-Term Assets	44.02	43.08	48.62	51.64	41.9	14.11
Total Assets	1,689	1,758	1,839	1,843	1,394	946.48
Accounts Payable	103.41	133.21	152.55	158.58	162.94	213.38
Accrued Expenses	8.29	22.81	24.58	69.09	17.51	21.08
Short-Term Debt	-	-	-	40.03	64.5	147.41
Current Portion of Leases	0.88	0.97	-	-	4.91	18.44
Current Income Taxes Payable	2	-	0	66.05	1.31	2.37
Current Unearned Revenue	2.97	0.91	5.48	71.89	2.9	15.66
Other Current Liabilities	12.3	7.43	11.9	18.32	0.53	2.15
Total Current Liabilities	129.84	165.32	194.51	423.96	254.6	420.5
Long-Term Debt	-	-	-	-	-	4.8
Long-Term Leases	2.34	3.25	-	-	-	4.91
Long-Term Unearned Revenue	31.4	32.94	35.17	38.31	40.4	23.57
Long-Term Deferred Tax Liabilities	3.42	4.21	6.04	4.61	1.36	1.83
Total Liabilities	167.01	205.72	235.72	466.89	296.35	455.61
Common Stock	126.54	126.54	126.54	126	126	94.5
Additional Paid-In Capital	621.11	621.11	621.11	585.3	578.54	66.77
Retained Earnings	772.49	802.66	854.18	661.5	387.57	321.86
Comprehensive Income & Other	2.21	2.21	1.44	3.57	5.25	7.75
Total Common Equity	1,522	1,553	1,603	1,376	1,097	490.87
Shareholders' Equity	1,522	1,553	1,603	1,376	1,097	490.87
Total Liabilities & Equity	1,689	1,758	1,839	1,843	1,394	946.48
Total Debt	3.22	4.22	-	40.03	69.41	175.56
Net Cash (Debt)	251.61	315.89	339.26	507.22	435.43	-17.34
Net Cash Growth	-29.65%	-6.89%	-33.11%	16.49%	-	-
Net Cash Per Share	2.11	2.54	2.69	4.02	4.37	-0.18
Filing Date Shares Outstanding	126.54	126.54	126.54	126	126	94.5
Total Common Shares Outstanding	126.54	126.54	126.54	126	126	94.5
Working Capital	478.55	511.69	627.66	590.04	542.16	-5.59
Book Value Per Share	12.03	12.27	12.67	10.92	8.71	5.19
Tangible Book Value	1,443	1,471	1,519	1,292	1,013	419.85
Tangible Book Value Per Share	11.40	11.62	12.01	10.25	8.04	4.44
Buildings	-	283.94	267.66	257.26	210.62	101.8
Machinery	-	420.02	382.3	354.84	301.65	195.05
Construction In Progress	-	372.68	331.03	130.48	35.59	266.05

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