SHE:301270 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	238.14	215.18	189.7	290.78	57.19	137.23
Trading Asset Securities	87.4	339.58	585.13	587.04	186.33	40.17
Cash & Short-Term Investments	325.54	554.76	774.83	877.82	243.53	177.4
Cash Growth	-39.46%	-28.40%	-11.73%	260.46%	37.28%	33.38%
Accounts Receivable	16.95	18.25	15.78	18.57	20.37	22.89
Other Receivables	7.18	2.45	3.14	8.62	7.15	3.84
Receivables	24.13	38.7	36.92	27.2	27.52	26.72
Inventory	1.34	1.34	1.46	1.95	3.54	0.83
Other Current Assets	4.98	9.89	14.15	2.39	3.83	4.35
Total Current Assets	355.98	604.69	827.37	909.35	278.42	209.3
Property, Plant & Equipment	211.88	209.48	65.8	7.36	10.23	4.68
Long-Term Investments	234.3	163.75	21.6	5	-	-
Goodwill	157.83	157.83	162.7	160.65	160.65	160.65
Other Intangible Assets	49.75	53.6	52.14	39.14	36.05	35.16
Long-Term Accounts Receivable	2.69	2.57	2.99	1.28	0.96	1.49
Long-Term Deferred Tax Assets	4.68	5.38	4.78	2.76	2.37	2.47
Long-Term Deferred Charges	-	-	0	0.06	8.15	3.01
Other Long-Term Assets	12.93	16.7	12.55	16.34	13.95	12.34
Total Assets	1,030	1,214	1,150	1,142	510.79	429.12
Accounts Payable	49.7	48.2	48.52	35.55	26.78	24.27
Accrued Expenses	3.71	3.74	8.58	7.3	9.79	9.86
Current Portion of Leases	1.14	1.72	0.8	3.22	3.11	-
Current Income Taxes Payable	-	1.98	2.12	1.62	5.3	3.11
Current Unearned Revenue	8.76	8.69	5.47	5.46	6.6	3.58
Other Current Liabilities	0.77	143.56	2.54	0.92	0.86	0.62
Total Current Liabilities	64.08	207.89	68.03	54.07	52.43	41.45
Long-Term Leases	0.81	0.34	0.44	0.51	2.98	-
Long-Term Unearned Revenue	0.53	0.53	0.53	-	3.19	4.33
Long-Term Deferred Tax Liabilities	1.45	2.01	1.99	0.21	0.15	0.17
Other Long-Term Liabilities	0.87	0.84	1.23	0.8	1.09	0.71
Total Liabilities	67.74	211.61	72.22	55.59	59.85	46.66
Common Stock	100	100	100	100	75	75
Additional Paid-In Capital	805.64	805.64	797.98	796.34	240.07	238.29
Retained Earnings	160.75	161.7	187.27	195.83	140.48	72.58
Treasury Stock	-54.66	-54.66	-	-	-	-
Comprehensive Income & Other	-37.18	0.29	-0.17	-	-	-
Total Common Equity	974.55	1,013	1,085	1,092	455.55	385.87
Minority Interest	-12.23	-10.58	-7.36	-5.8	-4.61	-3.4
Shareholders' Equity	962.32	1,002	1,078	1,086	450.94	382.46
Total Liabilities & Equity	1,030	1,214	1,150	1,142	510.79	429.12
Total Debt	1.95	2.06	1.25	3.73	6.09	-
Net Cash (Debt)	323.59	552.7	773.58	874.09	237.44	177.4
Net Cash Growth	-39.54%	-28.55%	-11.50%	268.13%	33.84%	33.38%
Net Cash Per Share	3.34	5.62	7.74	10.49	3.17	2.37
Filing Date Shares Outstanding	98	98	100	100	75	75
Total Common Shares Outstanding	98	98	100	100	75	75
Working Capital	291.9	396.8	759.34	855.29	225.98	167.86
Book Value Per Share	9.94	10.34	10.85	10.92	6.07	5.14
Tangible Book Value	766.97	801.54	870.23	892.37	258.84	190.06
Tangible Book Value Per Share	7.83	8.18	8.70	8.92	3.45	2.53
Buildings	-	202.58	56.88	-	-	-
Machinery	-	18.89	15.75	11.75	10.66	9.88

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