SHE:301161 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	127.9	306.57	388.72	410.85	10.22	12.02
Trading Asset Securities	4.28	24.3	10	-	-	-
Cash & Short-Term Investments	132.18	330.87	398.72	410.85	10.22	12.02
Cash Growth	-63.96%	-17.02%	-2.95%	3921.35%	-15.03%	-66.36%
Accounts Receivable	548.86	529.02	319.66	307.47	313.68	333.71
Other Receivables	6.44	3.36	1.77	0.57	0.31	-0
Receivables	555.3	532.37	321.43	308.04	313.99	333.71
Inventory	163.64	168.01	143.84	132.36	128.84	79.62
Prepaid Expenses	-	0.83	0.85	1	-	-
Other Current Assets	10.48	10.02	5.99	8.92	20.15	24.66
Total Current Assets	861.59	1,042	870.82	861.16	473.2	450.01
Property, Plant & Equipment	214.76	225.44	136.21	133.29	129.11	64.62
Goodwill	103.49	103.49	-	-	-	-
Other Intangible Assets	23.51	25.05	10.38	10.68	11.15	11.43
Long-Term Deferred Tax Assets	21.32	18.42	11.11	12.27	6.02	4.73
Long-Term Deferred Charges	14.96	15.2	1.71	0.59	2.09	0.51
Other Long-Term Assets	7.95	3.59	1.92	1.86	0.24	2.77
Total Assets	1,248	1,433	1,032	1,020	621.82	534.07
Accounts Payable	120.29	117.68	72.89	63.07	75.21	82.74
Accrued Expenses	43.2	42.95	17.38	17.83	11.53	17.27
Short-Term Debt	1.64	3.5	-	2	76.33	68.58
Current Portion of Long-Term Debt	-	-	-	-	10.06	-
Current Portion of Leases	11.29	16.1	1.57	0.76	0.83	-
Current Income Taxes Payable	7.99	4.94	-	3.64	0.75	1.63
Current Unearned Revenue	4.99	6.97	0.56	0.96	0.41	0.71
Other Current Liabilities	61.53	51.35	5.32	15.28	30.35	7.67
Total Current Liabilities	250.93	243.49	97.71	103.53	205.47	178.6
Long-Term Debt	19	19	-	-	36.63	36.63
Long-Term Leases	56.06	63.45	1.87	0.59	1.35	-
Total Liabilities	325.99	325.94	99.58	104.12	243.45	215.23
Common Stock	120	120	120	120	90	90
Additional Paid-In Capital	522.96	639.55	639.55	639.55	178.51	178.51
Retained Earnings	278.77	219.06	173.09	156.4	110.19	50.55
Comprehensive Income & Other	-0.14	-0.11	-0.08	-0.21	-0.34	-0.23
Total Common Equity	921.58	978.5	932.56	915.74	378.36	318.84
Minority Interest	-	128.86	-	-	-	-
Shareholders' Equity	921.58	1,107	932.56	915.74	378.36	318.84
Total Liabilities & Equity	1,248	1,433	1,032	1,020	621.82	534.07
Total Debt	87.99	102.05	3.44	3.35	125.21	105.21
Net Cash (Debt)	44.19	228.83	395.28	407.5	-114.99	-93.19
Net Cash Growth	-76.03%	-42.11%	-3.00%	-	-	-
Net Cash Per Share	0.37	1.89	3.30	4.15	-1.27	-1.03
Filing Date Shares Outstanding	120	120	120	120	90	90
Total Common Shares Outstanding	120	120	120	120	90	90
Working Capital	610.66	798.61	773.11	757.63	267.73	271.41
Book Value Per Share	7.68	8.15	7.77	7.63	4.20	3.54
Tangible Book Value	794.58	849.96	922.18	905.06	367.22	307.41
Tangible Book Value Per Share	6.62	7.08	7.68	7.54	4.08	3.42
Land	-	-	-	89.21	-	-
Buildings	-	89.05	88.58	-	88.42	-
Machinery	-	131.58	87.75	77.49	59.29	43.32
Construction In Progress	-	2.57	2.96	1.38	6.06	44.03

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