SHE:301191 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	738.68	954.57	1,005	1,221	192.77	226.11
Trading Asset Securities	771.95	391.06	246	3.03	-	2.8
Cash & Short-Term Investments	1,511	1,346	1,251	1,224	192.77	228.91
Cash Growth	15.09%	7.54%	2.24%	534.91%	-15.79%	102.62%
Accounts Receivable	283.12	272.6	375.42	238.21	455.08	220.94
Other Receivables	17	10.1	11.48	11.7	9.53	4.12
Receivables	300.12	282.69	386.9	249.91	464.61	225.06
Inventory	753.95	375.19	411.78	594.14	792.83	458.93
Other Current Assets	56	13.03	3.36	10.08	11.59	9.95
Total Current Assets	2,621	2,017	2,053	2,078	1,462	922.86
Property, Plant & Equipment	298.35	257.88	275.69	285.17	193.75	96.06
Other Intangible Assets	5.78	4.27	4.33	5.09	4.19	3.67
Long-Term Deferred Tax Assets	26.31	8.32	7.45	5.05	6.04	3.5
Long-Term Deferred Charges	1.48	4.65	9.01	8.31	-	-
Other Long-Term Assets	50.73	23.84	11.6	5.48	10.67	4.42
Total Assets	3,003	2,316	2,361	2,387	1,676	1,030
Accounts Payable	1,159	429.88	499.44	525.77	979.33	580.83
Accrued Expenses	24.77	31.51	37.34	32.45	34.58	23.76
Short-Term Debt	-	-	-	-	49.5	64.5
Current Portion of Leases	38.11	14.62	36.31	30.89	50.33	6.9
Current Income Taxes Payable	1.79	0	0.03	1.05	5.28	3.55
Current Unearned Revenue	1.51	0.17	0.37	0.31	0.03	0.14
Other Current Liabilities	10.88	22.53	33.38	122.93	9.53	1.44
Total Current Liabilities	1,236	498.72	606.86	713.41	1,129	681.11
Long-Term Leases	78.32	66.6	62.46	79.81	31.03	7.31
Long-Term Unearned Revenue	28.73	32.85	21.94	14.07	14.32	8.43
Total Liabilities	1,343	598.17	691.25	807.29	1,174	696.86
Common Stock	69.34	69.34	69.34	53.34	40	40
Additional Paid-In Capital	909.91	909.91	909.91	925.91	57.87	57.87
Retained Earnings	717.55	739.74	691.58	600.55	404.63	235.77
Total Common Equity	1,662	1,719	1,671	1,580	502.5	333.64
Minority Interest	-1.86	-1.65	-0.66	-	-	-
Shareholders' Equity	1,661	1,717	1,670	1,580	502.5	333.64
Total Liabilities & Equity	3,003	2,316	2,361	2,387	1,676	1,030
Total Debt	116.43	81.22	98.76	110.71	130.87	78.71
Net Cash (Debt)	1,394	1,264	1,153	1,113	61.9	150.2
Net Cash Growth	14.03%	9.71%	3.54%	1698.34%	-58.79%	32.95%
Net Cash Per Share	20.15	18.19	16.61	17.95	1.19	2.89
Filing Date Shares Outstanding	68.43	69.34	69.34	69.34	52	52
Total Common Shares Outstanding	68.43	69.34	69.34	69.34	52	52
Working Capital	1,385	1,518	1,446	1,365	333.21	241.74
Book Value Per Share	24.29	24.79	24.10	22.78	9.66	6.42
Tangible Book Value	1,657	1,715	1,667	1,575	498.31	329.97
Tangible Book Value Per Share	24.21	24.73	24.03	22.71	9.58	6.35
Machinery	-	312.62	295.71	279.22	219.29	139.31

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