SHE:301273 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	99.05	146.9	350.24	473.93	41.57	43.78
Trading Asset Securities	7	68.18	-	100	-	-
Cash & Short-Term Investments	106.05	215.08	350.24	573.93	41.57	43.78
Cash Growth	-57.95%	-38.59%	-38.98%	1280.55%	-5.04%	25.26%
Accounts Receivable	338.09	356.86	397.74	322.25	270.73	244.11
Other Receivables	17.55	39.81	23.91	9.92	5.9	5.37
Receivables	355.63	396.67	421.65	332.17	276.64	249.48
Inventory	192.09	118.69	101.73	108.58	151.18	114.44
Other Current Assets	53.2	12.27	7.03	13.97	16.07	8.61
Total Current Assets	706.97	742.71	880.65	1,029	485.46	416.31
Property, Plant & Equipment	385.95	353.14	269.58	119.81	103.64	93.63
Long-Term Investments	14.67	-	-	12.54	4.99	1.38
Goodwill	3.71	3.71	3.71	-	-	-
Other Intangible Assets	59.58	61.3	63.95	64.05	64.33	10.98
Long-Term Accounts Receivable	2.34	6.94	5.91	11.09	14.24	15.45
Long-Term Deferred Tax Assets	24.39	18.49	12.43	11.29	9.43	5.21
Long-Term Deferred Charges	4.93	4.47	4.28	3.36	3.34	2.63
Other Long-Term Assets	8.07	17.05	16.82	21.24	0.1	-
Total Assets	1,211	1,208	1,257	1,272	685.53	545.6
Accounts Payable	83.51	68.11	75.86	58.03	45.9	39.52
Accrued Expenses	12.42	22.96	20.91	19.62	24.83	20.27
Short-Term Debt	25.54	9.95	2.59	47.64	83.42	48.04
Current Portion of Leases	1.34	2.29	5.35	-	-	-
Current Income Taxes Payable	3.1	0.51	3.54	1.58	5.16	2.36
Current Unearned Revenue	73.74	60.75	45.62	56.59	104.66	97.66
Other Current Liabilities	21.24	20.09	24.77	46.77	47.34	72.39
Total Current Liabilities	220.9	184.66	178.64	230.25	311.31	280.25
Long-Term Leases	1.56	2.46	2.46	7.96	5.7	-
Long-Term Unearned Revenue	45.73	40.43	47.67	31.17	22.84	7.23
Long-Term Deferred Tax Liabilities	0.02	0.05	0.05	0.3	0.69	0.73
Other Long-Term Liabilities	8.71	7.69	10.03	13.29	11.97	8.24
Total Liabilities	276.92	235.3	238.84	282.97	352.52	296.45
Common Stock	71.64	71.64	71.64	71.64	53.73	53.73
Additional Paid-In Capital	657.74	662.04	660.91	659.77	71.96	70.82
Retained Earnings	192.21	231.07	277.44	257.67	207.32	124.59
Total Common Equity	921.59	964.76	1,010	989.08	333.01	249.14
Minority Interest	12.1	7.74	8.5	-	-	-
Shareholders' Equity	933.69	972.5	1,018	989.08	333.01	249.14
Total Liabilities & Equity	1,211	1,208	1,257	1,272	685.53	545.6
Total Debt	28.45	14.7	10.4	55.6	89.12	48.04
Net Cash (Debt)	77.6	200.38	339.84	518.33	-47.55	-4.27
Net Cash Growth	-65.61%	-41.04%	-34.44%	-	-	-
Net Cash Per Share	1.08	2.80	4.74	9.16	-0.89	-0.08
Filing Date Shares Outstanding	71.64	71.64	71.64	71.64	53.73	53.73
Total Common Shares Outstanding	71.64	71.64	71.64	71.64	53.73	53.73
Working Capital	486.07	558.05	702.01	798.41	174.14	136.06
Book Value Per Share	12.86	13.47	14.10	13.81	6.20	4.64
Tangible Book Value	858.31	899.75	942.33	925.03	268.68	238.16
Tangible Book Value Per Share	11.98	12.56	13.15	12.91	5.00	4.43
Buildings	-	210.43	51.91	51.91	51.91	51.4
Machinery	-	173.17	123.03	81.85	81.09	75.9
Construction In Progress	-	28.26	136.7	23.44	9.33	5.98

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