SHE:301107 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	87.27	51.95	175.79	236.59	64.18	43.42
Trading Asset Securities	110.86	105.18	160.48	190	-	-
Cash & Short-Term Investments	198.13	157.13	336.27	426.59	64.18	43.42
Cash Growth	29.35%	-53.27%	-21.17%	564.68%	47.80%	-46.02%
Accounts Receivable	142.9	178.17	117.56	123.6	162.79	130.86
Other Receivables	2.78	0.95	1.72	1.49	1.92	2.66
Receivables	145.68	179.12	119.28	125.09	164.71	133.52
Inventory	116.97	135.89	99.75	120.36	147.5	104.42
Other Current Assets	13.24	11.3	9.85	5.03	5.35	2.08
Total Current Assets	474.03	483.44	565.16	677.07	381.74	283.44
Property, Plant & Equipment	217.26	209.49	222.44	265.55	225.76	136.55
Long-Term Investments	6.21	2.23	3.77	-	-	-
Other Intangible Assets	51.56	56.15	57.83	75.51	77.33	78.72
Long-Term Deferred Tax Assets	6.41	4.08	4.59	7	7.25	7.4
Long-Term Deferred Charges	0.21	-	0.01	0.07	0.88	1.73
Other Long-Term Assets	482.89	465.17	339.91	9.47	6.63	10.82
Total Assets	1,239	1,221	1,194	1,035	699.58	518.64
Accounts Payable	125.92	151.29	74.42	80.51	149.72	112.12
Accrued Expenses	7.93	17.43	13.87	13.5	14.66	12.19
Short-Term Debt	106.5	77.05	133	-	19.35	28.27
Current Portion of Long-Term Debt	-	-	-	-	3.47	-
Current Portion of Leases	0.46	0.33	0.37	0.11	0.11	-
Current Income Taxes Payable	5.68	2.86	0.27	0.02	1.6	2.37
Current Unearned Revenue	11.87	9.53	4.94	2.79	1.85	1.36
Other Current Liabilities	4.54	7.31	18.01	3.68	3.82	3.91
Total Current Liabilities	262.9	265.8	244.87	100.61	194.57	160.22
Long-Term Debt	-	-	-	-	62.02	-
Long-Term Leases	0.93	0.87	1.72	0.78	0.88	-
Long-Term Unearned Revenue	20.07	21.04	22.45	23.85	24.7	24.97
Long-Term Deferred Tax Liabilities	4.17	4.17	1.07	5.78	5.93	4.12
Total Liabilities	288.08	291.88	270.1	131.03	288.11	189.31
Common Stock	102.42	73.4	73.4	73.4	55.03	55.03
Additional Paid-In Capital	501.77	530.79	530.79	530.79	123.15	123.15
Retained Earnings	368.01	345.4	321.57	299.33	233.62	151.5
Treasury Stock	-20.07	-20	-	-	-	-
Comprehensive Income & Other	-1.62	-0.9	-0.18	0.23	-0.33	-0.35
Total Common Equity	950.51	928.68	925.58	903.75	411.47	329.33
Minority Interest	-	-	-1.98	-0.11	-	-
Shareholders' Equity	950.51	928.68	923.6	903.64	411.47	329.33
Total Liabilities & Equity	1,239	1,221	1,194	1,035	699.58	518.64
Total Debt	107.89	78.24	135.09	0.9	85.83	28.27
Net Cash (Debt)	90.24	78.89	201.18	425.69	-21.65	15.15
Net Cash Growth	20.48%	-60.79%	-52.74%	-	-	-58.83%
Net Cash Per Share	0.89	0.78	1.95	4.63	-0.28	0.20
Filing Date Shares Outstanding	101.56	101.57	102.76	102.76	77.04	77.04
Total Common Shares Outstanding	101.56	101.57	102.76	102.76	77.04	77.04
Working Capital	211.13	217.64	320.28	576.46	187.17	123.22
Book Value Per Share	9.36	9.14	9.01	8.79	5.34	4.27
Tangible Book Value	898.95	872.53	867.75	828.24	334.14	250.61
Tangible Book Value Per Share	8.85	8.59	8.44	8.06	4.34	3.25
Buildings	-	174.59	174.49	193.08	92.59	92.59
Machinery	-	174.97	159.69	135.76	127.48	109.2
Construction In Progress	-	1.29	6.09	38.29	93.94	10.31

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