SHE:301138 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	712.05	400.78	488.77	825.67	893.36	122.7
Trading Asset Securities	-	140	-	-	12.75	-
Cash & Short-Term Investments	712.05	540.78	488.77	825.67	906.11	122.7
Cash Growth	80.22%	10.64%	-40.80%	-8.88%	638.49%	41.44%
Accounts Receivable	126.34	139.37	100.71	99.33	105.73	90.49
Other Receivables	6.29	3.21	2.39	2.31	4.13	5.94
Receivables	132.63	142.58	103.09	101.64	109.86	96.43
Inventory	479.12	369.6	319.75	322.45	255.03	222.85
Other Current Assets	60.65	193.59	176.28	26.75	30.53	23.69
Total Current Assets	1,384	1,247	1,088	1,277	1,302	465.67
Property, Plant & Equipment	278.24	289.73	194.49	102.65	99.7	94.29
Long-Term Investments	31.35	31.9	87.08	4.99	-	-
Other Intangible Assets	10.45	11.15	10.32	10.03	9.5	9.86
Long-Term Accounts Receivable	4.99	6.47	8.02	-	-	2
Long-Term Deferred Tax Assets	11.83	10.6	8.27	7.84	7.24	7.14
Long-Term Deferred Charges	3.49	2.08	1.52	1.76	1.06	0.65
Other Long-Term Assets	20.09	7.61	49.28	55.36	13.1	7.01
Total Assets	1,745	1,606	1,447	1,459	1,432	586.61
Accounts Payable	128.84	117.7	96.84	93.26	101.03	92.23
Accrued Expenses	27.19	36.99	29.39	28.94	25.87	24.03
Short-Term Debt	-	1.19	1.19	1.19	1.19	-
Current Portion of Leases	3.48	3.66	3.43	2.95	3.77	0.31
Current Income Taxes Payable	13.36	8.97	2.47	3.5	2.6	3.03
Current Unearned Revenue	307.49	237.68	190	162.7	142.73	98.28
Other Current Liabilities	46.08	52.32	19.7	15.75	16.19	12.77
Total Current Liabilities	526.43	458.52	343.01	308.29	293.37	230.65
Long-Term Leases	19.78	22.82	4.84	7.79	10.54	0.13
Long-Term Unearned Revenue	1.05	1.27	1.55	1.84	1.67	1.9
Other Long-Term Liabilities	-	-	13.14	12.32	13.61	12.79
Total Liabilities	547.26	482.6	362.55	330.24	319.19	245.47
Common Stock	120	120	120	120	120	90
Additional Paid-In Capital	736.29	736.29	736.29	736.28	736.28	89.12
Retained Earnings	305.25	246.49	205.23	249.27	236.74	139.45
Comprehensive Income & Other	13.5	12.16	14.43	12.87	6.73	6.93
Total Common Equity	1,175	1,115	1,076	1,118	1,100	325.51
Minority Interest	22.6	8.52	8.38	10.5	13.19	15.64
Shareholders' Equity	1,198	1,123	1,084	1,129	1,113	341.14
Total Liabilities & Equity	1,745	1,606	1,447	1,459	1,432	586.61
Total Debt	23.25	27.68	9.45	11.93	15.51	0.44
Net Cash (Debt)	688.79	513.1	479.32	813.74	890.61	122.26
Net Cash Growth	76.73%	7.05%	-41.10%	-8.63%	628.46%	46.64%
Net Cash Per Share	5.71	4.26	3.98	6.75	9.94	1.35
Filing Date Shares Outstanding	120	120	120	120	120	90
Total Common Shares Outstanding	120	120	120	120	120	90
Working Capital	858.02	788.03	744.88	968.23	1,008	235.02
Book Value Per Share	9.79	9.29	8.97	9.32	9.16	3.62
Tangible Book Value	1,165	1,104	1,066	1,108	1,090	315.65
Tangible Book Value Per Share	9.70	9.20	8.88	9.24	9.09	3.51
Buildings	-	105.49	59.5	59.5	59.5	59.5
Machinery	-	272.71	187.45	164.4	145.8	139.72
Construction In Progress	-	33.95	72.2	0.86	0.04	-

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