SHE:301235 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	478.28	1,048	267.94	252.29	235.62	149.43
Trading Asset Securities	-	40.05	-	405.55	-	-
Cash & Short-Term Investments	478.28	1,088	267.94	657.84	235.62	149.43
Cash Growth	132.72%	306.06%	-59.27%	179.19%	57.68%	167.21%
Accounts Receivable	1,923	1,720	1,469	1,169	727.1	503.08
Other Receivables	23.23	12.09	15.64	19.1	18.73	12.87
Receivables	1,946	1,732	1,485	1,189	745.82	515.95
Inventory	644.46	508.18	274.91	265.76	149.88	120.59
Other Current Assets	129.36	69.6	86.45	21.28	8.98	8.51
Total Current Assets	3,198	3,398	2,114	2,133	1,140	794.49
Property, Plant & Equipment	448.01	635.71	624.66	100.04	48.19	35.75
Long-Term Investments	20	10	10	-	-	-
Other Intangible Assets	66.28	67.81	66.96	33.16	18.98	19.08
Long-Term Deferred Tax Assets	85.12	78.68	56.56	46.39	29.91	25.48
Long-Term Deferred Charges	24.73	22.38	12.9	5.01	1.39	1.87
Other Long-Term Assets	201.11	13.95	5.17	50.38	-	-
Total Assets	4,043	4,226	2,890	2,368	1,239	876.67
Accounts Payable	430.13	619.24	324.36	318.39	198.98	112.72
Accrued Expenses	22.7	47	52.83	70.82	51.92	30.81
Short-Term Debt	108.9	276.96	409.55	-	112.84	48.04
Current Portion of Long-Term Debt	95.21	10.51	-	-	1	-
Current Portion of Leases	-	7.8	5.83	9.6	7.53	-
Current Income Taxes Payable	6.32	21.43	14.26	25.71	17.85	3.65
Current Unearned Revenue	564.09	429.94	222.25	235.5	196.93	131.74
Other Current Liabilities	107.32	75.83	56.85	30.38	29.44	22.89
Total Current Liabilities	1,335	1,489	1,086	690.39	616.49	349.84
Long-Term Debt	803.33	885.37	-	-	8.51	-
Long-Term Leases	6.41	9.51	12.86	7.59	5.18	0.01
Long-Term Unearned Revenue	26.82	27.39	28.15	10.46	11.22	11.98
Other Long-Term Liabilities	13.22	11.89	9.61	7.21	5.3	4.13
Total Liabilities	2,184	2,423	1,137	715.65	646.71	365.97
Common Stock	107.77	105.6	105.6	105.6	79.2	79.2
Additional Paid-In Capital	1,302	1,255	1,282	1,274	331.86	331.86
Retained Earnings	478.76	422.78	366.53	272.93	181	99.64
Treasury Stock	-70	-4.98	-	-	-	-
Comprehensive Income & Other	18.95	20.27	-	-	-	-
Total Common Equity	1,837	1,799	1,754	1,653	592.06	510.7
Minority Interest	21.62	4.84	-	-	-	-
Shareholders' Equity	1,859	1,803	1,754	1,653	592.06	510.7
Total Liabilities & Equity	4,043	4,226	2,890	2,368	1,239	876.67
Total Debt	1,014	1,190	428.23	17.19	135.06	48.05
Net Cash (Debt)	-535.57	-102.16	-160.29	640.65	100.57	101.38
Net Cash Growth	-	-	-	537.05%	-0.80%	1631.60%
Net Cash Per Share	-6.08	-0.96	-1.52	6.19	1.27	1.27
Filing Date Shares Outstanding	104.37	103.47	105.6	105.6	79.2	79.2
Total Common Shares Outstanding	104.37	105.36	105.6	105.6	79.2	79.2
Working Capital	1,864	1,909	1,028	1,443	523.81	444.64
Book Value Per Share	17.60	17.07	16.61	15.65	7.48	6.45
Tangible Book Value	1,771	1,731	1,687	1,620	573.08	491.62
Tangible Book Value Per Share	16.97	16.43	15.97	15.34	7.24	6.21
Buildings	-	587.32	578.61	38.26	38.26	-
Machinery	-	42.02	39.61	30.51	21.56	-
Construction In Progress	-	49.56	25.3	40.96	-	-
Order Backlog	-	2,753	-	-	-	-

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