SHE:301251 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	774.45	698.91	759.05	109.64	171.44	105.42
Trading Asset Securities	56.14	154.62	158.4	-	1.93	1.14
Cash & Short-Term Investments	830.59	853.53	917.46	109.64	173.37	106.56
Cash Growth	-13.40%	-6.97%	736.79%	-36.76%	62.70%	93.84%
Accounts Receivable	539.69	343.75	294.5	263.58	263.85	173.71
Other Receivables	1.23	2.73	1.93	2.06	6.42	2.69
Receivables	540.92	346.47	296.42	265.64	270.26	176.4
Inventory	369.16	258.93	161.76	152.18	220.53	128.15
Other Current Assets	55.29	44.79	21.75	5.01	13.81	12.25
Total Current Assets	1,796	1,504	1,397	532.47	677.97	423.37
Property, Plant & Equipment	957.28	862.65	474.57	350.49	346.03	298.86
Other Intangible Assets	64.9	60.74	59.57	15.05	11.59	11.58
Long-Term Deferred Tax Assets	18.11	21.77	5.23	5.12	5.91	3.53
Long-Term Deferred Charges	11.11	9.9	4.75	3.91	3.36	1.13
Other Long-Term Assets	15.2	9.23	19.83	1.9	3.39	5.53
Total Assets	2,863	2,468	1,961	908.95	1,048	744
Accounts Payable	679.53	664.39	371	272.52	518.6	343.81
Accrued Expenses	18.62	17.73	14.32	12.73	11.77	9.43
Short-Term Debt	435.49	241.09	99.97	95.08	80.03	71.71
Current Portion of Long-Term Debt	-	-	-	0.41	-	7.3
Current Portion of Leases	0.46	3.22	3.7	5.88	17.87	38.55
Current Income Taxes Payable	2.31	0.06	1.15	0.72	3.39	4.52
Current Unearned Revenue	1.47	1.06	0.43	0	0.15	1.54
Other Current Liabilities	90.47	32.57	22.64	28.28	28.07	54.02
Total Current Liabilities	1,228	960.12	513.22	415.62	659.88	530.89
Long-Term Debt	60.04	-	-	9.6	-	0.37
Long-Term Leases	0.22	0.4	3.6	7.25	3.6	19.08
Long-Term Unearned Revenue	5.05	5.37	5.8	6.23	6.67	7.1
Long-Term Deferred Tax Liabilities	0.24	0.37	0.44	0.4	0.31	0.17
Other Long-Term Liabilities	-	-	0.19	0.38	0.38	0.38
Total Liabilities	1,294	966.26	523.25	439.48	670.85	557.98
Common Stock	134.62	134.62	134.62	100.97	100.97	86.94
Additional Paid-In Capital	1,064	1,061	1,053	210.92	206.12	64.87
Retained Earnings	337.32	285.57	247.75	157.58	70.3	34.2
Comprehensive Income & Other	32.46	20.52	2.77	-	-	-
Shareholders' Equity	1,569	1,502	1,438	469.47	377.39	186.01
Total Liabilities & Equity	2,863	2,468	1,961	908.95	1,048	744
Total Debt	496.22	244.71	107.27	118.23	101.5	137.01
Net Cash (Debt)	334.37	608.82	810.19	-8.59	71.86	-30.45
Net Cash Growth	-48.77%	-24.85%	-	-	-	-
Net Cash Per Share	2.46	4.47	7.37	-0.09	0.77	-
Filing Date Shares Outstanding	134.62	134.62	134.62	100.97	100.97	-
Total Common Shares Outstanding	134.62	134.62	134.62	100.97	100.97	-
Working Capital	567.62	543.61	884.17	116.85	18.09	-107.52
Book Value Per Share	11.65	11.16	10.68	4.65	3.74	-
Tangible Book Value	1,504	1,441	1,379	454.42	365.81	174.43
Tangible Book Value Per Share	11.17	10.70	10.24	4.50	3.62	-
Buildings	-	497.9	171.75	165.19	137.89	134.16
Machinery	-	562.14	375.61	347.24	320.51	260.77
Construction In Progress	-	59.57	133.01	4.61	9.21	2.11

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