SHE:301098 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	196.67	234.06	532.4	245.76	207.26	160.72
Trading Asset Securities	89.91	180.37	-	-	125.22	-
Cash & Short-Term Investments	286.57	414.43	532.4	245.76	332.48	160.72
Cash Growth	-11.52%	-22.16%	116.63%	-26.08%	106.87%	-15.55%
Accounts Receivable	2,422	2,605	2,385	2,086	1,938	1,514
Other Receivables	109.37	102.86	53.14	39.46	27.77	33.08
Receivables	2,532	2,708	2,438	2,125	1,966	1,547
Inventory	133.85	133.74	119.35	63.27	68.09	54.89
Other Current Assets	32.82	19.43	10.58	17.85	20.6	28.58
Total Current Assets	2,985	3,275	3,101	2,452	2,387	1,792
Property, Plant & Equipment	40.71	31.57	38.87	28.43	17.76	14.36
Long-Term Investments	35.67	43.83	29.77	20.62	-	-
Other Intangible Assets	17.23	17.68	17.74	1.8	1.73	1.88
Long-Term Deferred Tax Assets	98.31	80.38	69.42	93.12	70.73	54.96
Long-Term Deferred Charges	4.46	6.15	1.25	1.78	0.92	0.65
Other Long-Term Assets	98.72	98.06	88.86	45.89	56.23	48.88
Total Assets	3,281	3,553	3,346	2,644	2,534	1,912
Accounts Payable	992.12	1,109	1,062	1,012	1,030	849.82
Accrued Expenses	5.33	155.38	124.14	109.9	96.43	89.81
Short-Term Debt	369.94	525.21	401.21	246.77	202.38	150.27
Current Portion of Long-Term Debt	-	2.5	6.51	4.01	14.03	-
Current Portion of Leases	0.71	1.5	2.76	1.92	2.77	-
Current Income Taxes Payable	145.87	20.59	22.24	34.12	35.73	29.87
Current Unearned Revenue	63.23	41.71	49.23	42.94	27.31	30.97
Other Current Liabilities	118.96	26.12	1.5	67.71	69.01	63.03
Total Current Liabilities	1,696	1,882	1,670	1,519	1,478	1,214
Long-Term Debt	327.54	317.36	488.61	6.01	10.02	24.05
Long-Term Leases	6.53	5.99	8.67	-	1.01	-
Long-Term Deferred Tax Liabilities	0.25	0.27	0.08	0.09	0.05	-
Other Long-Term Liabilities	2.16	1.69	1.27	0.08	-	0.3
Total Liabilities	2,033	2,207	2,168	1,526	1,489	1,238
Common Stock	183.94	183.93	158.4	105.6	105.6	79.2
Additional Paid-In Capital	609.47	598.08	432.34	485.12	485.12	225.24
Retained Earnings	425.56	531.04	523.11	512.45	447.82	362.94
Treasury Stock	-25.79	-13.41	-	-	-	-
Comprehensive Income & Other	28.12	28.12	42.45	0.12	0.13	0.67
Total Common Equity	1,221	1,328	1,156	1,103	1,039	668.05
Minority Interest	27.23	18.22	21.95	14.69	6.52	6.15
Shareholders' Equity	1,249	1,346	1,178	1,118	1,045	674.2
Total Liabilities & Equity	3,281	3,553	3,346	2,644	2,534	1,912
Total Debt	704.72	852.57	907.76	258.71	230.21	174.31
Net Cash (Debt)	-418.15	-438.14	-375.36	-12.95	102.27	-13.6
Net Cash Per Share	-2.37	-2.80	-2.30	-0.08	0.84	-0.11
Filing Date Shares Outstanding	180.44	180.43	156.27	158.4	158.4	118.8
Total Common Shares Outstanding	180.44	180.43	158.4	158.4	158.4	118.8
Working Capital	1,289	1,394	1,431	932.54	908.91	577.81
Book Value Per Share	6.77	7.36	7.30	6.97	6.56	5.62
Tangible Book Value	1,203	1,310	1,139	1,101	1,037	666.17
Tangible Book Value Per Share	6.67	7.26	7.19	6.95	6.55	5.61
Buildings	-	26	25.84	25.84	16.59	16.59
Machinery	-	21.47	22.86	22.04	18.87	18.66
Construction In Progress	-	5.28	5.86	2.41	-	-

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