SHE:301211 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	544.62	543.21	1,694	1,858	1,860	105.52
Trading Asset Securities	1,026	1,094	129.4	103.98	-	240
Cash & Short-Term Investments	1,570	1,637	1,824	1,962	1,860	345.52
Cash Growth	-2.92%	-10.26%	-7.05%	5.50%	438.28%	-4.77%
Accounts Receivable	56.63	75.53	75.08	127.47	161.05	114.21
Other Receivables	5.47	3.8	2.66	1.35	3.09	2.11
Receivables	62.1	79.33	77.74	128.82	164.14	116.32
Inventory	122.02	137.85	173.8	114.7	89.5	134.59
Other Current Assets	26.61	20.67	23.59	21.21	15.67	7.23
Total Current Assets	1,781	1,875	2,099	2,227	2,129	603.65
Property, Plant & Equipment	538.35	527.75	361.99	184.8	131.7	136.76
Long-Term Investments	9.58	9.64	-	-	-	-
Other Intangible Assets	67.35	68.94	71.07	73.27	66.67	61.45
Long-Term Deferred Tax Assets	2.2	2.05	2.19	2.39	1.52	1.38
Long-Term Deferred Charges	2.52	1.05	1.33	-	-	-
Other Long-Term Assets	0.38	4.61	11.03	11.47	1.24	-
Total Assets	2,401	2,489	2,547	2,499	2,330	803.25
Accounts Payable	92.14	116.04	117.71	82.62	36.13	36.88
Accrued Expenses	11.97	14.99	12.92	11.64	8.86	13.53
Current Portion of Leases	1.09	1.59	1.51	0.97	-	-
Current Income Taxes Payable	1.73	3.13	14.27	18.14	12.84	21.61
Current Unearned Revenue	12.88	11.87	15.01	69.72	6.34	14.03
Other Current Liabilities	7.84	16.76	13.73	25.82	38.84	13.04
Total Current Liabilities	127.66	164.38	175.14	208.91	103.01	99.09
Long-Term Leases	2.01	3.62	5.15	6.43	-	-
Long-Term Unearned Revenue	2.01	2.04	2.1	0.22	0.28	0.34
Long-Term Deferred Tax Liabilities	10.51	8.92	7.49	6.7	4.24	3.43
Total Liabilities	142.19	178.97	189.89	222.26	107.53	102.85
Common Stock	417.6	288	288	240	240	180
Additional Paid-In Capital	1,627	1,757	1,757	1,805	1,805	463.78
Retained Earnings	214.41	265.48	312.17	232.06	178.26	56.61
Comprehensive Income & Other	0.38	-0.3	-	-	-	-
Total Common Equity	2,259	2,310	2,357	2,277	2,223	700.39
Shareholders' Equity	2,259	2,310	2,357	2,277	2,223	700.39
Total Liabilities & Equity	2,401	2,489	2,547	2,499	2,330	803.25
Total Debt	3.1	5.22	6.66	7.4	-	-
Net Cash (Debt)	1,567	1,632	1,817	1,955	1,860	345.52
Net Cash Growth	-2.79%	-10.21%	-7.04%	5.10%	438.28%	0.79%
Net Cash Per Share	3.75	3.93	4.34	4.71	5.97	1.10
Filing Date Shares Outstanding	417.6	417.6	417.6	417.6	417.6	313.2
Total Common Shares Outstanding	417.6	417.6	417.6	417.6	417.6	313.2
Working Capital	1,653	1,710	1,924	2,018	2,026	504.57
Book Value Per Share	5.41	5.53	5.64	5.45	5.32	2.24
Tangible Book Value	2,192	2,241	2,286	2,203	2,156	638.94
Tangible Book Value Per Share	5.25	5.37	5.47	5.28	5.16	2.04
Buildings	-	257.27	114.69	107.54	103.36	96.62
Machinery	-	405.47	185.73	180.96	173.8	175.42
Construction In Progress	-	53.5	228.77	51.56	2.17	-

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