SHE:301196 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	508.93	440.92	304	472.41	82.17	45.5
Short-Term Investments	-	359.62	203.78	204.04	-	-
Trading Asset Securities	486.96	425.09	838.98	1,209	149.91	200.86
Cash & Short-Term Investments	995.89	1,226	1,347	1,885	232.08	246.36
Cash Growth	34.09%	-8.99%	-28.57%	712.41%	-5.79%	111.30%
Accounts Receivable	550.74	499.46	406.81	227.69	209.61	227.24
Other Receivables	69.99	46.75	28.69	8.67	16.47	10.54
Receivables	620.73	546.21	435.5	236.36	226.08	237.78
Inventory	460.48	398.98	295.27	235.04	250.34	197.75
Prepaid Expenses	-	-	-	0.67	-	-
Other Current Assets	424.43	29.16	10.17	9.25	14.31	7.6
Total Current Assets	2,502	2,200	2,088	2,367	722.82	689.48
Property, Plant & Equipment	1,066	1,015	958.77	818.53	575.14	399.24
Long-Term Investments	232.29	443.62	429.06	40.58	31.39	21.92
Goodwill	7.36	7.36	15.68	-	-	-
Other Intangible Assets	208.25	118.79	92.14	89.56	72.22	71.81
Long-Term Deferred Tax Assets	44.68	26.8	18.51	10.13	7.51	3.5
Long-Term Deferred Charges	33.74	30.06	17.93	10.79	11.49	10.55
Other Long-Term Assets	91.4	77.31	76.12	46.29	46.46	36
Total Assets	4,230	3,919	3,696	3,383	1,467	1,232
Accounts Payable	428.48	337.79	228.28	163.12	160.83	170.34
Accrued Expenses	74.82	97.63	76.96	62.13	52.88	46.19
Short-Term Debt	-	-	2	-	-	-
Current Portion of Long-Term Debt	14.7	6.19	5.18	3.92	-	-
Current Portion of Leases	-	8.37	3.75	3.02	1.84	-
Current Income Taxes Payable	11.81	14.63	20.05	0.65	7.16	7.43
Current Unearned Revenue	87.25	74.58	65.57	47.37	50.94	39.31
Other Current Liabilities	36.61	26.08	33.61	4.93	5.36	2.64
Total Current Liabilities	653.66	565.27	435.4	285.13	279.02	265.9
Long-Term Debt	36.11	37.05	41.32	41.64	2.22	1.93
Long-Term Leases	29.41	6.81	5.87	3.32	4.81	-
Long-Term Unearned Revenue	57.2	61.3	30.93	30.34	16.86	2.2
Long-Term Deferred Tax Liabilities	71.16	62.53	53.77	40.43	27.33	15.95
Other Long-Term Liabilities	0.56	1.57	-	-	-	-
Total Liabilities	848.1	734.53	567.28	400.85	330.24	285.98
Common Stock	125.26	124.8	124.8	124.8	93.6	93.6
Additional Paid-In Capital	2,344	2,326	2,316	2,280	555.42	555.42
Retained Earnings	836.01	688.98	643.05	562.35	473.77	281.98
Treasury Stock	-	-11.4	-	-	-	-
Comprehensive Income & Other	4.82	-8.59	-0.68	-3.95	-5.02	0.79
Total Common Equity	3,310	3,120	3,083	2,963	1,118	931.78
Minority Interest	71.1	64.67	45.66	18.56	19.02	14.74
Shareholders' Equity	3,381	3,184	3,129	2,982	1,137	946.52
Total Liabilities & Equity	4,230	3,919	3,696	3,383	1,467	1,232
Total Debt	80.22	58.42	58.12	51.89	8.87	1.93
Net Cash (Debt)	915.67	1,167	1,289	1,834	223.21	244.43
Net Cash Growth	34.64%	-9.42%	-29.72%	721.44%	-8.68%	129.53%
Net Cash Per Share	7.35	9.40	10.33	14.69	2.38	2.61
Filing Date Shares Outstanding	125.26	124.37	124.8	124.8	93.6	93.6
Total Common Shares Outstanding	125.26	124.37	124.8	124.8	93.6	93.6
Working Capital	1,848	1,635	1,652	2,082	443.8	423.58
Book Value Per Share	26.43	25.08	24.70	23.74	11.94	9.95
Tangible Book Value	3,095	2,993	2,975	2,874	1,046	859.97
Tangible Book Value Per Share	24.71	24.07	23.84	23.03	11.17	9.19
Buildings	-	610.64	531.1	496.37	194.7	196.14
Machinery	-	856.43	647.02	455.74	392.67	335.65
Construction In Progress	-	41.91	114.92	115.4	194.08	43.89

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