SHE:301248 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	217.7	272.35	535.32	668.02	213.71	363.67
Trading Asset Securities	247.03	327.5	200.2	185	67.5	-
Cash & Short-Term Investments	464.73	599.85	735.52	853.02	281.21	363.67
Cash Growth	-8.32%	-18.45%	-13.78%	203.34%	-22.68%	45.56%
Accounts Receivable	621	498.56	516.76	413.17	340.13	220.49
Other Receivables	18	23.48	26.57	14.35	14.73	14.9
Receivables	638.99	522.04	543.33	427.52	354.86	235.4
Inventory	319.89	314.14	327.6	373.27	491.96	508.81
Other Current Assets	196.43	98.36	64.74	38.86	30.1	31.87
Total Current Assets	1,620	1,534	1,671	1,693	1,158	1,140
Property, Plant & Equipment	1,029	408.11	388.64	365.74	324.79	145.43
Long-Term Investments	10	-	-	-	-	-
Goodwill	11	11	13.74	13.74	13.74	13.74
Other Intangible Assets	26.42	21.71	21.02	13.2	16.61	16.94
Long-Term Accounts Receivable	-	12.29	21.98	13.48	-	-
Long-Term Deferred Tax Assets	29.61	28.52	16.53	11.44	6.54	4.35
Long-Term Deferred Charges	52.09	28.22	13.61	0.83	0.77	1.46
Other Long-Term Assets	175.04	180.64	174.5	138.16	5.56	-
Total Assets	2,954	2,225	2,321	2,249	1,526	1,322
Accounts Payable	364.64	412.69	387.63	269.75	338.58	226.87
Accrued Expenses	7.53	53.2	54.46	41.5	36.7	26.05
Short-Term Debt	541.46	0.7	0.7	10.37	23.82	9.41
Current Portion of Long-Term Debt	63.26	3.06	1.51	1.41	-	-
Current Portion of Leases	-	2.54	2.2	2.25	2.94	4.44
Current Income Taxes Payable	24.36	0	0.03	0	-	-
Current Unearned Revenue	169.2	223.4	237.99	267.06	339.7	473.81
Other Current Liabilities	75.84	27.29	10.85	11.89	6.57	9
Total Current Liabilities	1,246	722.88	695.38	604.23	748.32	749.57
Long-Term Debt	156.45	10.12	6.44	11.83	149.24	44.85
Long-Term Leases	0.08	0.63	2.06	2.26	4.26	7.19
Long-Term Unearned Revenue	9.45	9.6	9.81	10.01	0.71	1.5
Long-Term Deferred Tax Liabilities	9.3	9.69	10.35	9.87	-	0.12
Other Long-Term Liabilities	5.11	5.11	-	-	-	-
Total Liabilities	1,427	758.04	724.03	638.19	902.54	803.23
Common Stock	153.71	153.71	153.71	102.47	76.85	76.85
Additional Paid-In Capital	1,051	1,042	1,039	1,090	203.98	203.98
Retained Earnings	289.3	269.59	364.81	378.66	342.84	237.69
Treasury Stock	-6.28	-39.83	-	-	-	-
Comprehensive Income & Other	40.12	40.12	40.12	40.12	-	-
Total Common Equity	1,528	1,466	1,597	1,611	623.67	518.51
Minority Interest	-0.72	0.78	-0.13	-0.07	-0.06	-0.07
Shareholders' Equity	1,527	1,467	1,597	1,611	623.6	518.44
Total Liabilities & Equity	2,954	2,225	2,321	2,249	1,526	1,322
Total Debt	761.25	17.05	12.91	28.12	180.27	65.89
Net Cash (Debt)	-296.51	582.8	722.61	824.91	100.94	297.78
Net Cash Growth	-	-19.35%	-12.40%	717.21%	-66.10%	30.05%
Net Cash Per Share	-1.95	3.79	4.37	5.86	0.88	2.59
Filing Date Shares Outstanding	143.31	150.66	153.71	153.71	153.71	115.28
Total Common Shares Outstanding	143.31	150.66	153.71	153.71	115.28	115.28
Working Capital	373.77	811.52	975.81	1,088	409.81	390.18
Book Value Per Share	10.66	9.73	10.39	10.48	5.41	4.50
Tangible Book Value	1,490	1,433	1,563	1,584	593.31	487.83
Tangible Book Value Per Share	10.40	9.51	10.17	10.31	5.15	4.23
Buildings	-	412.66	325.15	308.41	1.8	1.8
Machinery	-	42.76	40.79	36.12	24.68	19.58
Construction In Progress	-	4.32	56.03	41.51	306.75	123.97

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