SHE:301113 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	102.76	80.53	311.9	387.5	619.24	31.45
Trading Asset Securities	52	142.97	-	-	7.06	25
Cash & Short-Term Investments	154.77	223.5	311.9	387.5	626.3	56.45
Cash Growth	-28.11%	-28.34%	-19.51%	-38.13%	1009.39%	10.24%
Accounts Receivable	18.8	40.02	30.14	21.02	78.44	82.61
Other Receivables	1.94	1.8	1.47	0.73	4.5	2.41
Receivables	20.74	41.82	31.61	21.75	82.94	85.03
Inventory	108.28	99.98	35.41	24.35	53.78	29.52
Other Current Assets	6.15	6.91	4.49	4.3	3.53	11.55
Total Current Assets	289.93	372.21	383.42	437.9	766.56	182.55
Property, Plant & Equipment	281.48	295.49	283.48	192.92	37.64	35.48
Long-Term Investments	79.61	76.6	65.06	46.39	-	-
Other Intangible Assets	69.7	70.9	72.31	73.87	6.58	6.76
Long-Term Deferred Tax Assets	4.09	4.11	0.87	0.28	1.11	1.17
Other Long-Term Assets	0.27	0.12	1.08	0.01	0.02	0.02
Total Assets	725.09	819.44	806.23	751.38	811.91	225.99
Accounts Payable	23	63.13	64.4	30.38	42.51	47.61
Accrued Expenses	5.91	12.78	10.29	9.78	13.75	9.41
Current Portion of Leases	0.04	0.05	-	-	0.19	-
Current Income Taxes Payable	2.05	1.47	0.37	1.47	4.02	5.17
Current Unearned Revenue	3.48	3.82	2.89	1.88	3.68	3.23
Other Current Liabilities	0.02	0.12	0.11	0.06	0.09	0.14
Total Current Liabilities	34.49	81.37	78.06	43.56	64.24	65.56
Long-Term Leases	-	0.02	-	-	0.19	-
Long-Term Unearned Revenue	1.36	1.51	1.8	2.1	-	-
Long-Term Deferred Tax Liabilities	0.73	0.61	-	0.22	0.01	-
Other Long-Term Liabilities	2.11	2.59	2.1	-	-	-
Total Liabilities	38.69	86.1	81.96	45.89	64.44	65.56
Common Stock	91	70	70	70	70	52.5
Additional Paid-In Capital	471.23	491.95	491.95	491.95	491.95	16.21
Retained Earnings	124.17	171.39	162.32	143.55	185.52	91.72
Shareholders' Equity	686.4	733.33	724.26	705.49	747.47	160.43
Total Liabilities & Equity	725.09	819.44	806.23	751.38	811.91	225.99
Total Debt	0.04	0.07	-	-	0.38	-
Net Cash (Debt)	154.73	223.43	311.9	387.5	625.91	56.45
Net Cash Growth	-28.12%	-28.37%	-19.51%	-38.09%	1008.72%	10.24%
Net Cash Per Share	1.77	2.46	3.45	4.26	9.19	0.83
Filing Date Shares Outstanding	91	91	89.08	91	91	68.25
Total Common Shares Outstanding	91	91	89.08	91	91	68.25
Working Capital	255.44	290.84	305.36	394.34	702.32	117
Book Value Per Share	7.54	8.06	8.13	7.75	8.21	2.35
Tangible Book Value	616.7	662.43	651.95	631.62	740.88	153.68
Tangible Book Value Per Share	6.78	7.28	7.32	6.94	8.14	2.25
Buildings	-	266.4	250.05	28.45	28.45	25.77
Machinery	-	86.96	51.18	46.26	37.11	34.73
Construction In Progress	-	1.54	23.32	151.51	0.15	-

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