SHE:301203 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	976.57	946.55	1,077	241.81	230.22	251.6
Short-Term Investments	-	50	-	-	-	-
Trading Asset Securities	0	32	-	-	-	-
Cash & Short-Term Investments	976.57	1,029	1,077	241.81	230.22	251.6
Cash Growth	-1.65%	-4.53%	345.55%	5.04%	-8.50%	65.67%
Accounts Receivable	187.08	164.82	140.04	162.29	108.43	93.08
Other Receivables	7.2	10.88	11.53	15.56	13.88	15.28
Receivables	194.28	175.69	151.57	177.84	122.31	108.36
Inventory	1.57	14.15	2.23	2.2	1.76	8.37
Other Current Assets	2.9	4.72	10.35	11.51	4.44	1.43
Total Current Assets	1,175	1,223	1,242	433.36	358.72	369.76
Property, Plant & Equipment	245.09	239.86	211.06	165.86	90.72	38.12
Long-Term Investments	44.14	30	25	-	-	-
Other Intangible Assets	26.92	27.45	28.17	28.92	29.48	30.16
Long-Term Accounts Receivable	-	-	-	-	53.41	45.21
Long-Term Deferred Tax Assets	3.19	2.06	1.65	1.55	1.25	1.27
Long-Term Deferred Charges	-	-	-	4.73	0.2	0.35
Total Assets	1,495	1,522	1,507	634.42	533.79	484.86
Accounts Payable	32.82	36.9	33.37	36.01	25.68	44.32
Accrued Expenses	9.96	13.23	14.22	14.19	14.49	21.9
Current Portion of Leases	2.21	2.55	2.13	1.79	1.52	-
Current Income Taxes Payable	6.97	4.18	4.26	7.63	5.13	14.81
Current Unearned Revenue	0.24	2.44	1.92	-	-	0.23
Other Current Liabilities	1.21	1.38	2.17	1.47	5.49	1.51
Total Current Liabilities	53.41	60.67	58.07	61.1	52.31	82.77
Long-Term Leases	2.12	1.82	1.3	1.66	2.16	-
Long-Term Unearned Revenue	-	-	-	-	0.64	1.13
Long-Term Deferred Tax Liabilities	0	0	0.02	0.16	0.05	-
Total Liabilities	55.53	62.49	59.39	62.92	55.16	83.9
Common Stock	80	80	80	60	60	60
Additional Paid-In Capital	-	894.93	894.93	58.4	58.4	60.58
Retained Earnings	450.37	472.2	460.28	441.71	353.52	273.07
Total Common Equity	1,425	1,447	1,435	560.11	471.92	393.65
Minority Interest	14.5	12.86	12.83	11.4	6.71	7.31
Shareholders' Equity	1,440	1,460	1,448	571.5	478.63	400.96
Total Liabilities & Equity	1,495	1,522	1,507	634.42	533.79	484.86
Total Debt	4.32	4.37	3.44	3.45	3.68	-
Net Cash (Debt)	972.25	1,024	1,074	238.36	226.53	251.6
Net Cash Growth	-1.66%	-4.63%	350.55%	5.22%	-9.96%	65.67%
Net Cash Per Share	12.15	12.81	14.34	3.97	3.77	4.19
Filing Date Shares Outstanding	80	80	80	80	60	60
Total Common Shares Outstanding	80	80	80	60	60	60
Working Capital	1,122	1,162	1,183	372.27	306.42	286.99
Book Value Per Share	17.82	18.09	17.94	9.34	7.87	6.56
Tangible Book Value	1,398	1,420	1,407	531.19	442.44	363.49
Tangible Book Value Per Share	17.48	17.75	17.59	8.85	7.37	6.06
Buildings	-	22.04	22.01	35.46	35.46	35.46
Machinery	-	61.16	58.53	56.59	53.13	50.86
Construction In Progress	-	221.26	193.21	137.69	58.13	6.03

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