SHE:301206 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	271.31	160.29	108.81	489.04	515.72	224.97
Short-Term Investments	-	2,670	-	-	-	-
Trading Asset Securities	366.4	-	-	-	0.33	-
Cash & Short-Term Investments	637.71	2,830	108.81	489.04	516.05	224.97
Cash Growth	194.14%	2501.17%	-77.75%	-5.23%	129.38%	56.71%
Accounts Receivable	71.92	122.37	80.93	51.11	141.36	70.93
Other Receivables	6.69	277.58	6.55	12.82	21.11	8.88
Receivables	78.61	399.95	87.48	63.94	162.47	79.81
Inventory	142.75	142.71	104.33	96.77	112.16	68.21
Other Current Assets	1,412	15.05	21.2	19.62	14.95	5.68
Total Current Assets	2,271	3,388	321.81	669.37	805.62	378.67
Property, Plant & Equipment	1,082	1,047	987.27	952.98	770.61	364.31
Long-Term Investments	53.09	53.18	56.01	60.16	-	-
Other Intangible Assets	45.22	46.43	47.58	48.73	49.14	30.15
Long-Term Deferred Tax Assets	-	-	-	-	2.52	2.41
Other Long-Term Assets	1,030	270.33	3,395	3,139	6.27	5.86
Total Assets	4,482	4,805	4,808	4,870	1,634	781.39
Accounts Payable	86.98	175.7	208.57	184.31	542.47	238.85
Accrued Expenses	6.44	8.65	7.69	9.3	6.71	4.18
Current Income Taxes Payable	1.64	0	-	-	3.4	4.36
Current Unearned Revenue	7.65	4.82	5.18	4.22	11.43	11.11
Other Current Liabilities	5	54.51	2.75	9.68	0.8	0.4
Total Current Liabilities	107.7	243.67	224.2	207.51	564.81	258.89
Long-Term Unearned Revenue	2.7	3.51	4.59	0.86	0.99	1.22
Long-Term Deferred Tax Liabilities	56.57	66.87	43.61	40.78	23.03	11.36
Total Liabilities	166.97	314.04	272.4	249.14	588.83	271.48
Common Stock	202.33	202.33	202.33	202.33	101.16	101.16
Additional Paid-In Capital	3,517	3,518	3,518	3,518	72.13	72.13
Retained Earnings	655.82	788.87	815.19	900.84	872.03	336.62
Treasury Stock	-60.69	-17.6	-	-	-	-
Shareholders' Equity	4,315	4,491	4,535	4,621	1,045	509.91
Total Liabilities & Equity	4,482	4,805	4,808	4,870	1,634	781.39
Net Cash (Debt)	637.71	2,830	108.81	489.04	516.05	224.97
Net Cash Growth	194.14%	2501.17%	-77.75%	-5.23%	129.38%	56.71%
Net Cash Per Share	3.21	14.02	0.54	2.45	3.40	1.48
Filing Date Shares Outstanding	200	200.45	202.33	202.33	202.33	151.74
Total Common Shares Outstanding	200	200.45	202.33	202.33	151.74	151.74
Working Capital	2,163	3,144	97.62	461.86	240.81	119.78
Book Value Per Share	21.57	22.41	22.41	22.84	6.89	3.36
Tangible Book Value	4,270	4,445	4,488	4,572	996.19	479.77
Tangible Book Value Per Share	21.35	22.17	22.18	22.60	6.56	3.16
Buildings	-	215.87	172.81	138.83	64.98	62.02
Machinery	-	994.69	864.93	786.97	410.28	257.62
Construction In Progress	-	48.65	103.69	125.13	357.27	82.27

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