SHE:301230 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	55.32	84.52	204.3	763.64	108.44	111.28
Short-Term Investments	-	4.53	4.96	6.36	4.33	-
Trading Asset Securities	247.16	251.77	340.79	10.65	0.4	-
Cash & Short-Term Investments	302.47	340.81	550.05	780.65	113.17	111.28
Cash Growth	-16.68%	-38.04%	-29.54%	589.78%	1.71%	32.93%
Accounts Receivable	139.45	101.79	86.25	87.74	92.35	41.69
Other Receivables	4.75	3.07	2.53	0.02	0.01	-
Receivables	144.21	104.86	88.78	87.76	92.36	41.69
Inventory	71.6	69.04	61.42	51.09	46.77	60.96
Prepaid Expenses	-	-	-	1.65	-	4.99
Other Current Assets	44.59	39.6	31.08	15.39	24.91	13.23
Total Current Assets	562.88	554.32	731.32	936.53	277.21	232.14
Property, Plant & Equipment	343.39	359.83	570.23	254.66	217.62	90.3
Long-Term Investments	-	20.08	10.08	-	1.9	1.62
Other Intangible Assets	8.53	8.49	8.71	8.25	7.94	8.08
Long-Term Deferred Tax Assets	42.67	30.81	10.29	2.84	2.05	1.2
Long-Term Deferred Charges	290.24	318.97	155.33	71.06	50.62	15.03
Other Long-Term Assets	57.83	23.93	1.19	27.92	0.45	1.81
Total Assets	1,306	1,316	1,487	1,301	557.81	350.19
Accounts Payable	47.15	52.12	114.61	39.77	50.65	31.82
Accrued Expenses	37.51	34.65	32.61	34.34	31.26	18.4
Short-Term Debt	18.02	10.01	15.92	10.01	22.34	22.66
Current Portion of Leases	22.64	20.41	18.76	9.86	9.09	-
Current Income Taxes Payable	3.3	0.92	3.33	2.21	7.46	1.27
Current Unearned Revenue	7.55	5.11	4.17	2.5	7.01	2.16
Other Current Liabilities	1.83	2.19	1.81	2.18	0.85	7.13
Total Current Liabilities	138.01	125.4	191.22	100.87	128.67	83.44
Long-Term Leases	134.33	151.29	171.67	80.43	76.92	-
Long-Term Unearned Revenue	0.22	0.17	-	-	-	-
Long-Term Deferred Tax Liabilities	3.93	3.31	3.63	2.51	0.06	-
Other Long-Term Liabilities	2.87	3.57	3.1	4.56	3.72	3.57
Total Liabilities	279.36	283.73	369.62	188.38	209.37	87.01
Common Stock	139.59	139.59	107.62	76.87	57.62	57.62
Additional Paid-In Capital	771.01	766.81	798.77	824.13	146.08	134.63
Retained Earnings	168.68	179.32	211.15	211.97	144.07	70.5
Treasury Stock	-53.08	-53.08	-	-	-	-
Comprehensive Income & Other	-0.01	0.06	-	-0.08	0.66	0.43
Shareholders' Equity	1,026	1,033	1,118	1,113	348.44	263.18
Total Liabilities & Equity	1,306	1,316	1,487	1,301	557.81	350.19
Total Debt	174.99	181.71	206.35	100.3	108.35	22.66
Net Cash (Debt)	127.48	159.11	343.69	680.35	4.82	88.62
Net Cash Growth	-26.76%	-53.71%	-49.48%	14005.50%	-94.56%	52.40%
Net Cash Per Share	0.89	1.12	2.47	6.15	0.05	0.86
Filing Date Shares Outstanding	137.54	137.54	139.91	139.91	104.87	104.87
Total Common Shares Outstanding	137.54	137.54	139.91	139.91	104.87	104.87
Working Capital	424.87	428.92	540.1	835.66	148.54	148.7
Book Value Per Share	7.46	7.51	7.99	7.95	3.32	2.51
Tangible Book Value	1,018	1,024	1,109	1,105	340.5	255.1
Tangible Book Value Per Share	7.40	7.45	7.93	7.90	3.25	2.43
Buildings	-	53.88	53.88	52.56	48.86	48.54
Machinery	-	262.93	228.35	170.56	126.61	96.62
Construction In Progress	-	1.42	199.98	27.42	24.77	1.91
Order Backlog	-	311.78	308.14	365.31	236.88	-

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