SHE:301171 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	2,459	2,469	1,559	1,837	1,236	985.19
Trading Asset Securities	682.21	526.66	688.4	322.16	-	-
Cash & Short-Term Investments	3,141	2,995	2,247	2,159	1,236	985.19
Cash Growth	7.93%	33.30%	4.09%	74.69%	25.43%	26.07%
Accounts Receivable	982.27	800.78	888.58	791.04	1,023	675.14
Other Receivables	1,507	1,468	1,074	1,642	1,447	941.27
Receivables	2,489	2,268	1,963	2,433	2,470	1,616
Inventory	0.65	0.77	-	-	-	-
Prepaid Expenses	-	0.01	0.1	-	0.15	0.18
Other Current Assets	147.07	117.28	51.65	70.11	50.14	37.82
Total Current Assets	5,778	5,382	4,262	4,662	3,756	2,640
Property, Plant & Equipment	30.73	33.98	90.34	107.97	123.38	5.01
Long-Term Investments	257.19	183.46	165.21	135.39	79.55	66.3
Goodwill	35.62	35.62	35.62	-	-	-
Other Intangible Assets	55.55	56.38	43.84	4.15	4.06	4.23
Long-Term Deferred Tax Assets	65.95	50.92	49.28	33.33	24.34	18.32
Long-Term Deferred Charges	8.62	11.58	16.66	17.25	9.12	-
Other Long-Term Assets	20.59	17.79	8.47	3.78	43.84	27.87
Total Assets	6,252	5,771	4,671	4,964	4,040	2,761
Accounts Payable	444.62	429.56	290.96	302.38	562.52	397.56
Accrued Expenses	37.76	1,058	599.78	1,105	1,322	816.46
Short-Term Debt	520.95	511.72	100.09	50.06	149.51	-
Current Portion of Leases	8.36	7.93	12.99	25.02	12.81	-
Current Income Taxes Payable	119.58	69.89	81.99	78.4	76.1	69.13
Current Unearned Revenue	90.3	56.66	58.22	81.33	51	18.61
Other Current Liabilities	1,236	15.2	20.12	17.39	43.3	3.85
Total Current Liabilities	2,458	2,149	1,164	1,659	2,217	1,306
Long-Term Leases	18.93	22.02	88.53	99.75	112.24	-
Long-Term Unearned Revenue	0.94	2.2	3.59	4.99	6.52	8.83
Long-Term Deferred Tax Liabilities	13.43	14.47	11.55	14.97	12.5	8.93
Other Long-Term Liabilities	-	-	-	-	-	0
Total Liabilities	2,491	2,188	1,268	1,779	2,348	1,323
Common Stock	471.89	471.89	471.89	471.89	396.38	396.38
Additional Paid-In Capital	1,720	1,667	1,674	1,672	550.39	550.39
Retained Earnings	1,519	1,371	1,202	1,014	751.51	493.03
Treasury Stock	-10.05	-10.05	-	-	-	-
Comprehensive Income & Other	42.02	66.63	44.2	26.41	-6.17	-1.83
Total Common Equity	3,743	3,566	3,393	3,184	1,692	1,438
Minority Interest	17.32	18.1	10.57	0.73	-	-
Shareholders' Equity	3,761	3,584	3,403	3,185	1,692	1,438
Total Liabilities & Equity	6,252	5,771	4,671	4,964	4,040	2,761
Total Debt	548.23	541.67	201.61	174.84	274.56	-
Net Cash (Debt)	2,593	2,454	2,045	1,984	961.16	985.19
Net Cash Growth	14.43%	19.95%	3.10%	106.41%	-2.44%	26.07%
Net Cash Per Share	5.50	5.19	4.34	4.69	2.42	2.48
Filing Date Shares Outstanding	471.15	471.15	471.89	471.89	396.38	397.81
Total Common Shares Outstanding	471.15	471.15	471.89	471.89	396.38	397.81
Working Capital	3,320	3,233	3,098	3,003	1,539	1,334
Book Value Per Share	7.94	7.57	7.19	6.75	4.27	3.61
Tangible Book Value	3,652	3,474	3,313	3,180	1,688	1,434
Tangible Book Value Per Share	7.75	7.37	7.02	6.74	4.26	3.60
Machinery	-	22.6	22.44	23.73	21.99	12.56

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