SHE:301153 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	896.02	1,617	1,745	1,374	579.66	690.46
Short-Term Investments	-	32.96	144.4	317.74	314.57	-
Trading Asset Securities	665	100	-	185	-	-
Cash & Short-Term Investments	1,561	1,750	1,889	1,877	894.22	690.46
Cash Growth	9.13%	-7.40%	0.69%	109.85%	29.51%	31.46%
Accounts Receivable	423.32	403.01	350.69	179.47	162.67	144.48
Other Receivables	8.82	51.16	45.87	50.26	46.08	11.68
Receivables	432.14	454.17	396.56	229.72	208.74	156.16
Inventory	60.37	52.87	44.42	53.69	33.77	42.32
Other Current Assets	48.78	6.04	7.23	30.25	36.76	59.05
Total Current Assets	2,102	2,263	2,338	2,190	1,173	947.99
Property, Plant & Equipment	7.03	8.24	11.52	10.68	13.22	1.06
Long-Term Investments	9.56	9.56	11.68	13.09	15.59	9.56
Goodwill	26.76	26.76	1.03	1.03	-	-
Other Intangible Assets	16.22	17.45	1.47	1.11	0.42	0.07
Long-Term Deferred Tax Assets	39.43	31.02	21.78	7.37	4.71	5.02
Long-Term Deferred Charges	2.45	0.74	1.77	1.89	2.76	0.08
Other Long-Term Assets	1.14	1.88	1.48	0.92	-	-
Total Assets	2,205	2,358	2,388	2,226	1,210	963.78
Accounts Payable	350.05	406.9	380.73	148.3	132.77	95.18
Accrued Expenses	23.19	60.93	88.19	86.4	85.02	64.68
Current Portion of Leases	3.27	1.91	3.23	4.17	4.2	-
Current Income Taxes Payable	5.38	6.85	15.23	15.54	5.36	0.97
Current Unearned Revenue	76.07	67.26	71.16	383.2	384.69	367.43
Other Current Liabilities	20.56	16.03	9.6	31.97	31.47	32.41
Total Current Liabilities	479.19	559.87	568.13	669.58	643.51	560.67
Long-Term Leases	1.47	2.13	3.19	3.15	6.8	-
Long-Term Deferred Tax Liabilities	-	-	0.17	0.09	-	-
Total Liabilities	480.66	562	571.49	672.82	650.31	560.67
Common Stock	352.85	349.92	194.4	108	81	81
Additional Paid-In Capital	760.39	707.51	823.56	842.73	29.94	29.94
Retained Earnings	568.97	696.2	786.17	594.58	444.13	288.08
Total Common Equity	1,682	1,754	1,804	1,545	555.07	399.02
Minority Interest	42.03	42.68	12.82	8.19	4.82	4.09
Shareholders' Equity	1,724	1,796	1,817	1,553	559.88	403.11
Total Liabilities & Equity	2,205	2,358	2,388	2,226	1,210	963.78
Total Debt	5.41	4.04	6.42	7.32	11	-
Net Cash (Debt)	1,556	1,746	1,883	1,869	883.22	690.46
Net Cash Growth	9.29%	-7.30%	0.74%	111.64%	27.92%	31.46%
Net Cash Per Share	4.30	5.01	5.34	5.95	3.37	2.63
Filing Date Shares Outstanding	352.85	349.92	349.92	349.92	262.44	262.44
Total Common Shares Outstanding	352.85	349.92	349.92	349.92	262.44	262.44
Working Capital	1,623	1,703	1,770	1,521	529.98	387.32
Book Value Per Share	4.77	5.01	5.16	4.42	2.12	1.52
Tangible Book Value	1,639	1,709	1,802	1,543	554.65	398.95
Tangible Book Value Per Share	4.65	4.89	5.15	4.41	2.11	1.52
Machinery	-	8.31	8.21	5.84	4.51	2.82

Source: S&P Global Market Intelligence. Standard template. Financial Sources.