SHE:301111 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	141.59	159.1	131.11	179.21	485.35	108.13
Short-Term Investments	125.68	128.25	141.14	190.97	20.42	-
Trading Asset Securities	72.61	34.81	72.86	81.32	48.04	26.29
Cash & Short-Term Investments	339.88	322.16	345.11	451.51	553.81	134.42
Cash Growth	1.18%	-6.65%	-23.57%	-18.47%	312.00%	32.01%
Accounts Receivable	87.29	85.23	74	71.01	97.57	81.3
Other Receivables	4.64	2.69	3.34	2.01	1.94	3.89
Receivables	91.93	87.91	77.34	73.02	99.51	85.19
Inventory	88.29	90.13	83.43	70.69	51.91	55.26
Prepaid Expenses	-	0	-	-	-	-
Other Current Assets	14.88	14.99	3.78	5.73	3.62	8.17
Total Current Assets	534.99	515.2	509.66	600.95	708.84	283.04
Property, Plant & Equipment	109.01	115.24	58.59	55.94	74.55	91.48
Long-Term Investments	193.21	219.41	238.08	181.28	33.47	-
Goodwill	9	7.32	-	-	-	-
Other Intangible Assets	29.25	29.88	30.18	7.83	7.89	8.09
Long-Term Deferred Tax Assets	21.43	13.91	8.51	8.52	1.22	1.16
Long-Term Deferred Charges	27.31	28.71	0.4	-	-	-
Other Long-Term Assets	1.21	3.49	10.13	2.56	0.23	-
Total Assets	925.41	933.17	855.54	857.07	826.2	383.78
Accounts Payable	60.56	56	34.87	29.04	37.59	26.2
Accrued Expenses	6.11	12.71	11.4	17.25	9.38	9.82
Current Portion of Leases	31.16	1.29	3.87	0.16	0.93	-
Current Income Taxes Payable	6.77	1.29	0.2	9.85	5.09	0.3
Current Unearned Revenue	11.53	12.44	5.39	26.88	5.66	4.81
Other Current Liabilities	11.63	11.13	10.24	10.19	7.44	6.95
Total Current Liabilities	127.76	94.85	65.97	93.36	66.08	48.08
Long-Term Leases	44.98	70.86	10.09	-	0.16	-
Long-Term Unearned Revenue	0.45	0.7	1.28	5.04	7.45	9.21
Long-Term Deferred Tax Liabilities	-	-	-	-	1.66	3.07
Total Liabilities	173.2	166.42	77.33	98.39	75.34	60.37
Common Stock	160	160	160	160	160	120
Additional Paid-In Capital	406.94	406.94	406.94	406.94	406.94	76.67
Retained Earnings	181.27	197.4	209.23	191.73	183.91	126.73
Total Common Equity	748.21	764.34	776.17	758.67	750.85	323.41
Minority Interest	4	2.41	2.03	-0	-	-
Shareholders' Equity	752.21	766.75	778.21	758.67	750.85	323.41
Total Liabilities & Equity	925.41	933.17	855.54	857.07	826.2	383.78
Total Debt	76.15	72.15	13.95	0.16	1.09	-
Net Cash (Debt)	263.74	250.01	331.15	451.35	552.72	134.42
Net Cash Growth	-20.76%	-24.50%	-26.63%	-18.34%	311.19%	32.01%
Net Cash Per Share	1.90	1.80	2.08	2.84	4.64	1.12
Filing Date Shares Outstanding	160	160	160	160	160	120
Total Common Shares Outstanding	160	160	160	160	160	120
Working Capital	407.23	420.34	443.69	507.59	642.77	234.96
Book Value Per Share	4.68	4.78	4.85	4.74	4.69	2.70
Tangible Book Value	709.95	727.13	745.99	750.85	742.96	315.31
Tangible Book Value Per Share	4.44	4.54	4.66	4.69	4.64	2.63
Buildings	-	76.38	68.76	74.73	79.72	80.77
Machinery	-	86.7	78.07	78.59	93.14	99.72
Construction In Progress	-	-	0.72	0.72	-	-

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