SHE:301133 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	254.73	403.01	506.55	311.89	321.41	127.67
Short-Term Investments	-	-	60.06	-	100.02	-
Trading Asset Securities	-	50.07	50.06	-	-	-
Cash & Short-Term Investments	254.73	453.08	616.66	311.89	421.44	127.67
Cash Growth	-18.73%	-26.53%	97.72%	-25.99%	230.10%	-16.30%
Accounts Receivable	561.49	331.24	324.34	271.63	199.99	144.32
Other Receivables	25.22	10.36	3.58	4.55	3.51	2.9
Receivables	586.71	341.6	327.92	276.18	203.5	147.22
Inventory	229.74	168.28	160	162.94	144.44	75.18
Other Current Assets	31.08	27.77	7.78	4.2	3.04	12.77
Total Current Assets	1,102	990.73	1,112	755.21	772.42	362.84
Property, Plant & Equipment	949.18	816.98	366.09	260.08	186.73	162.02
Long-Term Investments	15.59	15.79	21.2	24.23	-	-
Other Intangible Assets	132.7	133.39	74.12	39.06	30.2	29.83
Long-Term Deferred Tax Assets	32.82	23.93	12.63	5.33	5.23	3.43
Long-Term Deferred Charges	22.08	14.2	13.59	14.87	11.29	10.52
Other Long-Term Assets	40.18	19.36	17.24	36.38	3.79	1.26
Total Assets	2,295	2,014	1,617	1,135	1,010	569.9
Accounts Payable	285.37	277.17	193.75	173.08	127.26	100.71
Accrued Expenses	21.52	42.39	32.68	34.32	20.45	15.01
Short-Term Debt	289.04	109.02	78.92	75.86	34.96	-
Current Portion of Long-Term Debt	5.91	0.3	0.2	-	2.06	0.57
Current Portion of Leases	-	3.58	2.08	1.72	3.46	-
Current Income Taxes Payable	10.66	2.75	9.87	0.59	2.21	6.03
Current Unearned Revenue	4.1	0.75	0.46	0.45	0.84	1.89
Other Current Liabilities	34.22	9.06	7.5	8.11	1.11	2.31
Total Current Liabilities	650.82	445.02	325.46	294.13	192.34	126.52
Long-Term Debt	441.77	376.28	204.09	-	15.19	10.04
Long-Term Leases	18.14	20.36	8.38	0.79	2.28	-
Long-Term Unearned Revenue	27.71	27	15	2.67	3.8	4.73
Long-Term Deferred Tax Liabilities	26.41	27.3	25.99	1.58	1.79	2.32
Total Liabilities	1,165	895.95	578.93	299.17	215.39	143.61
Common Stock	106.62	106.62	106.1	106.1	106.1	79.57
Additional Paid-In Capital	507.94	8.31	7.53	487.41	487.41	187.53
Retained Earnings	400.26	390.21	320.62	242.47	200.76	159.19
Comprehensive Income & Other	115.14	613.28	603.14	-	-	-
Total Common Equity	1,130	1,118	1,037	835.98	794.27	426.29
Minority Interest	-	-	0.91	-	-	-
Shareholders' Equity	1,130	1,118	1,038	835.98	794.27	426.29
Total Liabilities & Equity	2,295	2,014	1,617	1,135	1,010	569.9
Total Debt	754.86	509.53	293.67	78.37	57.95	10.61
Net Cash (Debt)	-500.13	-56.46	322.99	233.52	363.49	117.06
Net Cash Growth	-	-	38.31%	-35.76%	210.51%	-23.25%
Net Cash Per Share	-4.62	-0.53	3.06	2.19	4.46	1.47
Filing Date Shares Outstanding	106.62	106.62	106.62	106.1	106.1	79.57
Total Common Shares Outstanding	106.62	106.62	106.1	106.1	106.1	79.57
Working Capital	451.44	545.71	786.89	461.07	580.09	236.31
Book Value Per Share	10.60	10.49	9.78	7.88	7.49	5.36
Tangible Book Value	997.26	985.03	963.27	796.91	764.07	396.46
Tangible Book Value Per Share	9.35	9.24	9.08	7.51	7.20	4.98
Buildings	-	181.02	115.14	114.53	82.23	76.4
Machinery	-	436.47	266.4	207.77	162.42	113.75
Construction In Progress	-	322	86.19	21.96	1.76	22.24

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