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	2017 - 2019
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	2017 - 2019
Cash & Equivalents	254.73	403.01	506.55	311.89	321.41	127.67	Upgrade
Short-Term Investments	-	-	60.06	-	100.02	-	Upgrade
Trading Asset Securities	-	50.07	50.06	-	-	-	Upgrade
Cash & Short-Term Investments	254.73	453.08	616.66	311.89	421.44	127.67	Upgrade
Cash Growth	-18.73%	-26.53%	97.72%	-25.99%	230.10%	-16.30%	Upgrade
Accounts Receivable	561.49	331.24	324.34	271.63	199.99	144.32	Upgrade
Other Receivables	25.22	10.36	3.58	4.55	3.51	2.9	Upgrade
Receivables	586.71	341.6	327.92	276.18	203.5	147.22	Upgrade
Inventory	229.74	168.28	160	162.94	144.44	75.18	Upgrade
Other Current Assets	31.08	27.77	7.78	4.2	3.04	12.77	Upgrade
Total Current Assets	1,102	990.73	1,112	755.21	772.42	362.84	Upgrade
Property, Plant & Equipment	949.18	816.98	366.09	260.08	186.73	162.02	Upgrade
Long-Term Investments	15.59	15.79	21.2	24.23	-	-	Upgrade
Other Intangible Assets	132.7	133.39	74.12	39.06	30.2	29.83	Upgrade
Long-Term Deferred Tax Assets	32.82	23.93	12.63	5.33	5.23	3.43	Upgrade
Long-Term Deferred Charges	22.08	14.2	13.59	14.87	11.29	10.52	Upgrade
Other Long-Term Assets	40.18	19.36	17.24	36.38	3.79	1.26	Upgrade
Total Assets	2,295	2,014	1,617	1,135	1,010	569.9	Upgrade
Accounts Payable	285.37	277.17	193.75	173.08	127.26	100.71	Upgrade
Accrued Expenses	21.52	42.39	32.68	34.32	20.45	15.01	Upgrade
Short-Term Debt	289.04	109.02	78.92	75.86	34.96	-	Upgrade
Current Portion of Long-Term Debt	5.91	0.3	0.2	-	2.06	0.57	Upgrade
Current Portion of Leases	-	3.58	2.08	1.72	3.46	-	Upgrade
Current Income Taxes Payable	10.66	2.75	9.87	0.59	2.21	6.03	Upgrade
Current Unearned Revenue	4.1	0.75	0.46	0.45	0.84	1.89	Upgrade
Other Current Liabilities	34.22	9.06	7.5	8.11	1.11	2.31	Upgrade
Total Current Liabilities	650.82	445.02	325.46	294.13	192.34	126.52	Upgrade
Long-Term Debt	441.77	376.28	204.09	-	15.19	10.04	Upgrade
Long-Term Leases	18.14	20.36	8.38	0.79	2.28	-	Upgrade
Long-Term Unearned Revenue	27.71	27	15	2.67	3.8	4.73	Upgrade
Long-Term Deferred Tax Liabilities	26.41	27.3	25.99	1.58	1.79	2.32	Upgrade
Total Liabilities	1,165	895.95	578.93	299.17	215.39	143.61	Upgrade
Common Stock	106.62	106.62	106.1	106.1	106.1	79.57	Upgrade
Additional Paid-In Capital	507.94	8.31	7.53	487.41	487.41	187.53	Upgrade
Retained Earnings	400.26	390.21	320.62	242.47	200.76	159.19	Upgrade
Comprehensive Income & Other	115.14	613.28	603.14	-	-	-	Upgrade
Total Common Equity	1,130	1,118	1,037	835.98	794.27	426.29	Upgrade
Minority Interest	-	-	0.91	-	-	-	Upgrade
Shareholders' Equity	1,130	1,118	1,038	835.98	794.27	426.29	Upgrade
Total Liabilities & Equity	2,295	2,014	1,617	1,135	1,010	569.9	Upgrade
Total Debt	754.86	509.53	293.67	78.37	57.95	10.61	Upgrade
Net Cash (Debt)	-500.13	-56.46	322.99	233.52	363.49	117.06	Upgrade
Net Cash Growth	-	-	38.31%	-35.76%	210.51%	-23.25%	Upgrade
Net Cash Per Share	-4.62	-0.53	3.06	2.19	4.46	1.47	Upgrade
Filing Date Shares Outstanding	106.62	106.62	106.62	106.1	106.1	79.57	Upgrade
Total Common Shares Outstanding	106.62	106.62	106.1	106.1	106.1	79.57	Upgrade
Working Capital	451.44	545.71	786.89	461.07	580.09	236.31	Upgrade
Book Value Per Share	10.60	10.49	9.78	7.88	7.49	5.36	Upgrade
Tangible Book Value	997.26	985.03	963.27	796.91	764.07	396.46	Upgrade
Tangible Book Value Per Share	9.35	9.24	9.08	7.51	7.20	4.98	Upgrade
Buildings	-	181.02	115.14	114.53	82.23	76.4	Upgrade
Machinery	-	436.47	266.4	207.77	162.42	113.75	Upgrade
Construction In Progress	-	322	86.19	21.96	1.76	22.24	Upgrade

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