SHE:301162 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	265.3	501.86	730.75	799.76	82.7	22.45
Trading Asset Securities	443.77	140.45	10.02	-	50.02	75.38
Cash & Short-Term Investments	709.07	642.31	740.77	799.76	132.72	97.83
Cash Growth	27.64%	-13.29%	-7.38%	502.61%	35.66%	57.30%
Accounts Receivable	487.17	395.99	314.83	250.91	199.24	160.36
Other Receivables	15.84	8.02	10.67	3.96	3.06	2.28
Receivables	503	404.01	325.5	254.86	202.3	162.64
Inventory	97.25	106.27	84.12	80.71	68.15	59.9
Other Current Assets	85.81	37.15	8.23	2.27	6.43	2.31
Total Current Assets	1,395	1,190	1,159	1,138	409.6	322.69
Property, Plant & Equipment	640.81	399.82	63.62	16.03	13.23	2.58
Long-Term Investments	281.84	151.13	139.97	74.91	-	-
Other Intangible Assets	7.86	8.68	1.23	0.28	0.36	0.34
Long-Term Accounts Receivable	-	5.43	3.47	2.88	3.64	2.8
Long-Term Deferred Tax Assets	10.48	9.98	10.21	5.35	3.47	2.53
Long-Term Deferred Charges	28.97	16.99	17.71	0.89	1.21	1.39
Other Long-Term Assets	7.34	11.9	3.79	0.54	-	0.49
Total Assets	2,372	1,794	1,399	1,238	431.51	332.82
Accounts Payable	249.78	189.96	132.71	102.79	98.22	79.83
Accrued Expenses	17.24	43.61	38.66	28.58	19.44	17.64
Short-Term Debt	37.53	32.11	-	-	-	-
Current Portion of Long-Term Debt	-	0.96	-	-	-	-
Current Portion of Leases	35.66	19.9	15.82	3.38	3.3	-
Current Income Taxes Payable	15.75	1.44	1.78	1.85	4.55	2.5
Current Unearned Revenue	89.87	96.11	81.63	74.83	50.54	40.04
Other Current Liabilities	44.23	66.96	22.77	18.05	7.05	5.53
Total Current Liabilities	490.06	451.04	293.37	229.47	183.09	145.54
Long-Term Debt	72.79	17.8	-	-	-	-
Long-Term Leases	237.21	129.83	30.2	1.66	2.02	-
Long-Term Deferred Tax Liabilities	1.95	1.82	1.87	1.3	0	0.06
Total Liabilities	802.01	600.49	325.44	232.43	185.11	145.6
Common Stock	132.58	100.15	99.25	70.89	53.16	53.16
Additional Paid-In Capital	1,092	751.08	715.88	722.68	24.35	24.35
Retained Earnings	304.9	300.21	251.28	206.02	170.84	111.67
Comprehensive Income & Other	-	5.87	5.84	5.5	-2	-2
Total Common Equity	1,529	1,157	1,072	1,005	246.35	187.17
Minority Interest	41.24	35.85	0.91	0.95	0.04	0.05
Shareholders' Equity	1,570	1,193	1,073	1,006	246.39	187.22
Total Liabilities & Equity	2,372	1,794	1,399	1,238	431.51	332.82
Total Debt	383.18	200.59	46.03	5.04	5.32	-
Net Cash (Debt)	325.89	441.72	694.74	794.72	127.4	97.83
Net Cash Growth	-27.71%	-36.42%	-12.58%	523.81%	30.22%	58.61%
Net Cash Per Share	2.65	3.66	5.70	7.21	1.42	1.10
Filing Date Shares Outstanding	132.58	120.18	119.1	119.1	89.31	89.31
Total Common Shares Outstanding	132.58	120.18	119.1	119.1	89.31	89.31
Working Capital	905.08	738.69	865.24	908.14	226.51	177.15
Book Value Per Share	11.53	9.63	9.00	8.44	2.76	2.10
Tangible Book Value	1,521	1,149	1,071	1,005	245.99	186.83
Tangible Book Value Per Share	11.47	9.56	8.99	8.44	2.75	2.09
Machinery	-	359.51	28.69	18.07	13.23	7.46
Construction In Progress	-	27.73	12.95	-	-	-

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