SHE:301232 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	521.36	343.11	309.85	151.93	179.17	142.61
Trading Asset Securities	154.58	307.65	433.66	-	-	-
Cash & Short-Term Investments	675.94	650.76	743.51	151.93	179.17	142.61
Cash Growth	6.16%	-12.47%	389.37%	-15.20%	25.64%	0.88%
Accounts Receivable	1,785	1,437	1,222	905.43	626.99	524.59
Other Receivables	15.17	13.1	14.84	23.15	17.65	8.74
Receivables	1,800	1,450	1,237	928.57	644.64	533.33
Inventory	468.65	360.62	352.31	305.6	297.24	209.32
Prepaid Expenses	-	-	-	4.73	3.31	0.47
Other Current Assets	160.62	154.49	79.76	24.57	61.72	30.2
Total Current Assets	3,105	2,616	2,412	1,415	1,186	915.93
Property, Plant & Equipment	1,024	809.79	413.59	307.09	236.13	160.88
Other Intangible Assets	80.45	82.05	83.5	85.12	28.84	1.33
Long-Term Deferred Tax Assets	32.51	31.3	20.98	8.24	5.07	4.33
Long-Term Deferred Charges	39.5	32.27	19.69	13.19	8.02	7.45
Other Long-Term Assets	34.49	30.52	76.8	12.93	55.81	5
Total Assets	4,316	3,602	3,027	1,842	1,520	1,095
Accounts Payable	1,276	970.92	589.48	324.09	307.85	280.7
Accrued Expenses	21.26	30.6	35.32	44.26	50.04	54.55
Short-Term Debt	618.37	433.36	405.22	403.22	296.4	98.72
Current Portion of Long-Term Debt	273.18	123.79	106.04	54	2	2
Current Portion of Leases	-	25.9	30.68	62.38	52.14	27.58
Current Income Taxes Payable	13.06	1.76	1.09	2.04	3	12.78
Current Unearned Revenue	6.81	2.87	2.81	0.63	0.85	0.54
Other Current Liabilities	66.51	54.28	38.74	36.73	54.79	65.56
Total Current Liabilities	2,275	1,643	1,209	927.36	767.08	542.44
Long-Term Debt	356.76	327.74	140.49	112.18	55.08	27
Long-Term Leases	208.46	165.77	46.87	40.83	34.21	14.14
Long-Term Unearned Revenue	77.1	77.4	78.38	78.07	77.91	4.34
Long-Term Deferred Tax Liabilities	-	-	-	4.29	-	-
Other Long-Term Liabilities	-	-	1.01	-	-	-
Total Liabilities	2,917	2,214	1,476	1,163	934.28	587.92
Common Stock	75.16	75.16	53.69	40.22	40.22	40.22
Additional Paid-In Capital	1,006	1,002	1,024	185.88	185.88	185.88
Retained Earnings	339.61	293.62	461.7	448.39	358.88	281.22
Comprehensive Income & Other	-0.46	2.83	-0.38	-	-	-
Total Common Equity	1,411	1,374	1,539	674.49	584.97	507.31
Minority Interest	-12.97	13.65	11.69	4.75	0.69	-0.3
Shareholders' Equity	1,398	1,388	1,551	679.23	585.66	507.01
Total Liabilities & Equity	4,316	3,602	3,027	1,842	1,520	1,095
Total Debt	1,457	1,077	729.3	672.61	439.83	169.43
Net Cash (Debt)	-780.83	-425.8	14.21	-520.68	-260.67	-26.83
Net Cash Per Share	-10.33	-5.66	0.22	-9.25	-4.63	-0.48
Filing Date Shares Outstanding	75.16	75.16	75.16	56.3	56.3	56.3
Total Common Shares Outstanding	75.16	75.16	75.16	56.3	56.3	56.3
Working Capital	830.02	972.67	1,203	488.04	418.99	373.49
Book Value Per Share	18.78	18.28	20.47	11.98	10.39	9.01
Tangible Book Value	1,331	1,292	1,455	589.37	556.14	505.98
Tangible Book Value Per Share	17.71	17.19	19.36	10.47	9.88	8.99
Buildings	-	85.7	5.38	4.51	4.13	4.23
Machinery	-	513.29	444.28	332.6	169.7	117.74
Construction In Progress	-	171.27	10.2	2.5	6.1	-

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