SHE:301202 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	333.46	168.7	41.85	50.72	81.09	40.57
Short-Term Investments	-	398.86	539.24	-	-	-
Trading Asset Securities	222	25	-	-	-	-
Cash & Short-Term Investments	555.46	592.55	581.09	50.72	81.09	40.57
Cash Growth	200.01%	1.97%	1045.64%	-37.45%	99.89%	10.01%
Accounts Receivable	347.58	473.33	281.83	235.16	303.09	218.33
Other Receivables	6.41	16.16	5.39	3.27	2.91	0.68
Receivables	353.99	489.49	287.22	238.43	306	219.01
Inventory	204.65	193.17	155.07	117.26	126.41	94.54
Prepaid Expenses	-	-	-	5.46	-	-
Other Current Assets	32.81	18.8	6.21	6.67	11.77	12.26
Total Current Assets	1,147	1,294	1,030	418.54	525.27	366.37
Property, Plant & Equipment	468.49	360.15	328.56	297.85	296.72	298.26
Other Intangible Assets	128.26	59.38	59.38	48.99	46.22	47.35
Long-Term Deferred Tax Assets	3.17	3.63	1.32	2.94	2.08	1.76
Long-Term Deferred Charges	4.86	6.08	5.25	0.48	0.46	0.11
Other Long-Term Assets	76.59	89.04	71.67	98.26	118.86	126.67
Total Assets	1,828	1,812	1,496	867.07	989.59	840.53
Accounts Payable	269.23	318.32	132.8	110.31	170.73	181.19
Accrued Expenses	23.09	43.75	29.04	28.53	30.89	22.9
Short-Term Debt	235.95	191.96	84.98	196.02	242.06	134.66
Current Portion of Long-Term Debt	-	-	12.14	5.21	10.01	30.04
Current Portion of Leases	6.88	6.68	4.16	2.8	2.82	-
Current Income Taxes Payable	10.12	2.89	6.05	1.39	5.07	2.65
Current Unearned Revenue	7.56	4.89	8.23	7.79	17.92	13.36
Other Current Liabilities	58.05	8.38	12.32	15.08	22.31	23.29
Total Current Liabilities	610.86	576.86	289.72	367.13	501.82	408.1
Long-Term Debt	1	-	8.81	55.17	105.06	115.09
Long-Term Leases	20.77	10.39	7.5	5.98	4.49	-
Long-Term Unearned Revenue	4.11	4.55	4.04	4.57	3.28	2.58
Long-Term Deferred Tax Liabilities	0.62	0.84	1.34	1.42	1.05	1.14
Total Liabilities	637.36	592.64	311.4	434.27	615.69	526.91
Common Stock	136.4	136.4	136.4	102.3	102.3	102.3
Additional Paid-In Capital	712.07	712.07	712.07	2.78	2.78	2.78
Retained Earnings	344.13	369.99	333.33	325.97	268.17	208.52
Comprehensive Income & Other	-1.69	1.18	2.57	1.74	0.66	0.03
Shareholders' Equity	1,191	1,220	1,184	432.79	373.9	313.63
Total Liabilities & Equity	1,828	1,812	1,496	867.07	989.59	840.53
Total Debt	264.59	209.03	117.58	265.18	364.43	279.79
Net Cash (Debt)	290.87	383.53	463.51	-214.45	-283.34	-239.23
Net Cash Growth	490.66%	-17.26%	-	-	-	-
Net Cash Per Share	2.13	2.82	3.89	-2.11	-2.77	-2.34
Filing Date Shares Outstanding	136.4	136.4	136.4	102.3	102.3	102.3
Total Common Shares Outstanding	136.4	136.4	136.4	102.3	102.3	102.3
Working Capital	536.04	717.15	739.87	51.41	23.45	-41.73
Book Value Per Share	8.73	8.94	8.68	4.23	3.65	3.07
Tangible Book Value	1,063	1,160	1,125	383.8	327.68	266.28
Tangible Book Value Per Share	7.79	8.51	8.25	3.75	3.20	2.60
Buildings	-	241.29	240.59	220.75	205.09	204.02
Machinery	-	284.23	245.19	202.17	194.14	169.95
Construction In Progress	-	12.33	0.56	6.01	-	7.92

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