SHE:301148 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	34.7	88.87	267.26	287.23	144.32	138.64
Trading Asset Securities	830.45	835.9	721.98	734.35	7.89	-
Cash & Short-Term Investments	865.15	924.77	989.24	1,022	152.2	138.64
Cash Growth	-3.15%	-6.52%	-3.17%	571.19%	9.79%	0.13%
Accounts Receivable	651.44	650.71	594.21	565.3	375.13	225.69
Other Receivables	9.03	6.62	8.21	9.03	5.91	2.49
Receivables	660.46	657.33	602.42	574.34	381.03	228.18
Inventory	188.89	178.51	212.79	221.93	223.69	207.84
Other Current Assets	28.48	27	30.87	34.27	29.25	13.18
Total Current Assets	1,743	1,788	1,835	1,852	786.17	587.83
Property, Plant & Equipment	384.68	359.28	266.67	260.67	246.66	210.81
Long-Term Investments	18.26	12.31	7.57	3.82	4.57	5.96
Other Intangible Assets	30.29	31.12	32.62	23.52	8.62	8.78
Long-Term Accounts Receivable	-	6.12	1.72	8.99	4.38	5.04
Long-Term Deferred Tax Assets	24.97	22.62	16.35	11.15	9.53	9.47
Long-Term Deferred Charges	1.88	15.74	25.78	45.9	35.35	0.36
Other Long-Term Assets	22.98	0.15	7.39	1.03	0.76	2.17
Total Assets	2,226	2,235	2,193	2,207	1,096	830.41
Accounts Payable	153.97	148.44	149.3	182.58	147.25	95.75
Accrued Expenses	24.06	33.24	35.49	32.94	42.86	30.84
Short-Term Debt	14.17	24.73	15.1	36.03	19.62	32.04
Current Portion of Long-Term Debt	21.56	32.25	15.7	15.06	14.05	0.05
Current Portion of Leases	-	1.5	1.2	1.09	1.09	-
Current Income Taxes Payable	7.05	3.53	4.38	0.51	9.42	9.58
Current Unearned Revenue	72.96	73.03	97.27	92.71	90.96	70.12
Other Current Liabilities	13.53	16.45	8.65	33.78	17.63	10.41
Total Current Liabilities	307.3	333.17	327.09	394.68	342.87	248.77
Long-Term Debt	115.97	124.57	91.15	58.11	49.52	38.27
Long-Term Leases	0.02	0.39	1.47	0.72	0.7	-
Long-Term Unearned Revenue	17.45	18.52	15.58	16.09	16.49	17.41
Long-Term Deferred Tax Liabilities	0.04	0.05	0.07	0.5	0.1	0.2
Other Long-Term Liabilities	8.4	7.85	5.73	4.69	3.89	4.5
Total Liabilities	449.19	484.54	441.09	474.8	413.58	309.15
Common Stock	116.5	116.5	116.5	116.5	87.37	87.37
Additional Paid-In Capital	1,030	1,028	1,024	1,016	43.52	31.71
Retained Earnings	628.96	614.85	610.05	597.42	551.4	402.74
Treasury Stock	-2.16	-10.34	-	-	-	-
Comprehensive Income & Other	0.96	0.38	0.11	-0.16	-0.63	-0.5
Total Common Equity	1,774	1,750	1,750	1,730	681.65	521.32
Minority Interest	2.98	0.57	1.93	2.19	0.82	-0.05
Shareholders' Equity	1,777	1,750	1,752	1,732	682.48	521.27
Total Liabilities & Equity	2,226	2,235	2,193	2,207	1,096	830.41
Total Debt	151.72	183.44	124.62	111.01	84.99	70.35
Net Cash (Debt)	713.43	741.33	864.62	910.58	67.22	68.29
Net Cash Growth	-3.87%	-14.26%	-5.05%	1254.70%	-1.57%	-43.30%
Net Cash Per Share	6.13	6.35	7.44	8.54	0.77	0.78
Filing Date Shares Outstanding	116.37	115.87	116.49	116.5	116.5	87.37
Total Common Shares Outstanding	116.37	115.87	116.5	116.5	87.37	87.37
Working Capital	1,436	1,454	1,508	1,457	443.3	339.06
Book Value Per Share	15.24	15.10	15.03	14.85	7.80	5.97
Tangible Book Value	1,744	1,719	1,718	1,707	673.03	512.54
Tangible Book Value Per Share	14.98	14.83	14.75	14.65	7.70	5.87
Buildings	-	115.74	92.07	90.79	88.72	75.35
Machinery	-	265.07	298.21	49.89	244.9	203.58
Construction In Progress	-	196.48	80.89	3.71	1.51	0.15
Order Backlog	-	292.49	-	-	-	-

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