SHE:301281 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	74.83	178.13	325.22	148.97	66.01	37.44
Short-Term Investments	-	-	210.26	-	-	-
Trading Asset Securities	251.91	254.43	150.54	-	-	-
Cash & Short-Term Investments	326.74	432.56	686.02	148.97	66.01	37.44
Cash Growth	-28.03%	-36.95%	360.50%	125.69%	76.29%	10.48%
Accounts Receivable	99.89	95.85	75.85	56.87	43.71	66.39
Other Receivables	15.33	27.11	0.65	0.31	0.69	0.54
Receivables	115.23	122.96	76.5	57.18	44.4	66.93
Inventory	151.08	128.94	108.05	67.92	86.44	70.95
Other Current Assets	40.22	6.26	8.22	8.2	6.53	1.37
Total Current Assets	633.27	690.73	878.79	282.27	203.38	176.7
Property, Plant & Equipment	569.03	477	314.2	308.83	290.27	217.61
Long-Term Investments	192.61	190.31	184.08	-	-	-
Goodwill	1.82	1.82	-	-	-	-
Other Intangible Assets	114.47	107.17	46.02	49.08	51.76	54.76
Long-Term Deferred Tax Assets	3.34	3.06	2.92	2.09	1.62	1.69
Long-Term Deferred Charges	3.03	2.39	0.73	1.73	3.15	4.45
Other Long-Term Assets	88.27	79.98	43.22	7.79	9.34	3.33
Total Assets	1,606	1,552	1,470	651.79	559.51	458.53
Accounts Payable	47.52	42.25	50.18	54.98	60.58	28.89
Accrued Expenses	12.68	44.59	39.71	29.23	23.65	24.9
Current Income Taxes Payable	4.14	1.08	0	-	4.59	7.98
Current Unearned Revenue	3.9	20.24	3.5	3.02	3.09	12.75
Other Current Liabilities	44.31	11.63	17.75	20.64	18.83	25.26
Total Current Liabilities	112.55	119.78	111.14	107.86	110.75	99.79
Long-Term Debt	97.58	45.66	-	-	-	-
Long-Term Unearned Revenue	9.15	9.27	10.53	9.04	10.11	10.39
Long-Term Deferred Tax Liabilities	15.12	17.78	17.25	15.16	7.66	6.72
Other Long-Term Liabilities	-	0.38	-	-	-	-
Total Liabilities	234.4	192.87	138.93	132.06	128.52	116.9
Common Stock	108.29	108.29	108.29	58	58	58
Additional Paid-In Capital	907.67	907.67	909.97	195.34	195.34	186.45
Retained Earnings	350.08	340.26	312.3	266.2	174.93	96.75
Comprehensive Income & Other	4.81	2.57	0.48	0.19	2.72	0.43
Total Common Equity	1,371	1,359	1,331	519.73	430.98	341.63
Minority Interest	0.6	0.81	-	-	-	-
Shareholders' Equity	1,371	1,360	1,331	519.73	430.98	341.63
Total Liabilities & Equity	1,606	1,552	1,470	651.79	559.51	458.53
Total Debt	97.58	45.66	-	-	-	-
Net Cash (Debt)	229.16	386.9	686.02	148.97	66.01	37.44
Net Cash Growth	-49.52%	-43.60%	360.50%	125.69%	76.29%	-
Net Cash Per Share	2.13	3.59	6.77	1.83	0.81	0.46
Filing Date Shares Outstanding	108.29	108.29	108.29	81.2	81.2	81.2
Total Common Shares Outstanding	108.29	108.29	108.29	81.2	81.2	81.2
Working Capital	520.73	570.95	767.65	174.4	92.64	76.91
Book Value Per Share	12.66	12.55	12.29	6.40	5.31	4.21
Tangible Book Value	1,255	1,250	1,285	470.65	379.23	286.88
Tangible Book Value Per Share	11.59	11.54	11.87	5.80	4.67	3.53
Buildings	-	216.15	213.26	208.05	186.34	152.37
Machinery	-	342.54	316.21	275.82	210.37	193.11
Construction In Progress	-	183.15	12.15	19.99	66.23	22.28

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