SHE:301137 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	292.07	546.87	540.49	611.24	141.99	186.5
Trading Asset Securities	116	-	-	-	-	-
Cash & Short-Term Investments	408.07	546.87	540.49	611.24	141.99	186.5
Cash Growth	-11.91%	1.18%	-11.58%	330.47%	-23.86%	18.17%
Accounts Receivable	681.89	676.67	543.97	532.59	480.2	429.82
Other Receivables	3.34	2.52	1.64	2.77	-	0.66
Receivables	685.22	679.19	545.61	535.36	480.2	430.48
Inventory	435.09	367.75	280.64	282.72	276.15	209.69
Prepaid Expenses	-	0.64	0.53	0.37	4.62	-
Other Current Assets	89.18	58.33	57.63	42.35	95.76	126.89
Total Current Assets	1,618	1,653	1,425	1,472	998.73	953.56
Property, Plant & Equipment	580.85	563.45	497.58	427.36	362.61	285.91
Other Intangible Assets	121.31	122.96	95.81	99.31	108.85	112.7
Long-Term Accounts Receivable	0.11	0.11	0.11	-	-	-
Long-Term Deferred Tax Assets	24.18	21.15	12.42	9.31	6.3	6.18
Long-Term Deferred Charges	2.55	0.13	-	-	0.07	0.16
Other Long-Term Assets	70.34	43.8	38.59	26.77	1	4.88
Total Assets	2,417	2,404	2,069	2,035	1,478	1,363
Accounts Payable	301.06	260.51	242.09	233.3	319.37	387.78
Accrued Expenses	22.34	40.41	25.42	27.59	34.53	30.76
Short-Term Debt	214.23	327.49	248.5	223.87	260.7	155.75
Current Portion of Long-Term Debt	18.82	12.56	-	5.01	-	-
Current Portion of Leases	-	2.06	1.77	-	2.17	-
Current Income Taxes Payable	4.83	1.2	1.2	1.76	0.92	8.26
Current Unearned Revenue	44.27	21.35	24.4	25.31	26.91	30.74
Other Current Liabilities	210.64	160.68	159.43	196.31	164.31	183
Total Current Liabilities	816.2	826.27	702.81	713.16	808.92	796.29
Long-Term Debt	69.44	63	-	-	24.1	-
Long-Term Leases	4.2	1.66	2.92	-	-	-
Long-Term Unearned Revenue	65.77	67.65	23.83	25.28	20.99	22.76
Long-Term Deferred Tax Liabilities	0.5	0.5	0.35	0.12	0.27	0.42
Other Long-Term Liabilities	2.75	2.75	-	-	-	-
Total Liabilities	958.85	961.82	729.91	738.55	854.27	819.47
Common Stock	181.81	181.81	181.81	181.81	136.36	136.36
Additional Paid-In Capital	842.75	842.75	842.64	842.43	246.75	245.43
Retained Earnings	338.21	323.87	306.08	264.27	233.67	156.76
Comprehensive Income & Other	8.25	10.2	8.96	7.72	6.51	5.37
Total Common Equity	1,371	1,359	1,339	1,296	623.29	543.92
Minority Interest	87.01	83.94	-	-	-	-
Shareholders' Equity	1,458	1,443	1,339	1,296	623.29	543.92
Total Liabilities & Equity	2,417	2,404	2,069	2,035	1,478	1,363
Total Debt	306.69	406.77	253.19	228.89	286.96	155.75
Net Cash (Debt)	101.38	140.11	287.3	382.35	-144.97	30.74
Net Cash Growth	-55.12%	-51.23%	-24.86%	-	-	-32.35%
Net Cash Per Share	0.55	0.76	1.59	2.24	-1.06	0.22
Filing Date Shares Outstanding	181.81	181.81	181.81	181.81	136.36	136.36
Total Common Shares Outstanding	181.81	181.81	181.81	181.81	136.36	136.36
Working Capital	801.36	826.52	722.09	758.87	189.81	157.27
Book Value Per Share	7.54	7.47	7.37	7.13	4.57	3.99
Tangible Book Value	1,250	1,236	1,244	1,197	514.44	431.23
Tangible Book Value Per Share	6.87	6.80	6.84	6.58	3.77	3.16
Buildings	-	269.08	223.05	167.86	144.75	119.72
Machinery	-	473.57	361.12	321.49	294.63	254.49
Construction In Progress	-	86.84	91.92	99.36	83.83	50.95

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