SHE:301287 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	797.43	867.12	1,054	333.32	239.09	233.94
Short-Term Investments	52.03	51.16	-	-	-	-
Trading Asset Securities	341.88	329.44	-	-	-	-
Cash & Short-Term Investments	1,191	1,248	1,054	333.32	239.09	233.94
Cash Growth	15.55%	18.43%	216.08%	39.41%	2.20%	-
Accounts Receivable	79.16	134.77	93.55	89.14	84.98	118.41
Other Receivables	7.54	7.66	5.29	5.15	9.2	5.83
Receivables	86.69	142.43	98.83	94.29	94.18	124.23
Inventory	113.12	94.24	91.04	99.57	146.69	122.6
Prepaid Expenses	-	1.17	1.67	0.11	0.11	0.28
Other Current Assets	72.2	6.19	6.01	10.06	9.53	13.71
Total Current Assets	1,463	1,492	1,251	537.35	489.6	494.76
Property, Plant & Equipment	83.01	83.32	79.17	82.77	90.88	80.12
Long-Term Investments	21.8	21.8	21.8	21.8	21.8	21.8
Other Intangible Assets	53.47	54.76	54.13	55.26	27.89	28.36
Long-Term Accounts Receivable	0.39	0.42	0.48	0.73	0.56	0.22
Long-Term Deferred Tax Assets	9.3	10.92	10.01	9.32	6.13	5.48
Long-Term Deferred Charges	0.25	0.18	0.26	0.35	0.32	-
Other Long-Term Assets	-	-	1.36	-	0.5	0.26
Total Assets	1,632	1,663	1,418	707.58	637.68	631.01
Accounts Payable	155.24	174.83	108.44	90.06	105.95	152.36
Accrued Expenses	9.6	18.52	16.35	16.83	17.41	20.48
Short-Term Debt	217.04	170.12	10.01	58.21	8.91	45.96
Current Portion of Long-Term Debt	4.67	12.71	17.4	9.01	-	0.18
Current Portion of Leases	-	2.83	2.36	1.73	0.7	-
Current Income Taxes Payable	24.84	20.16	16.14	18.13	7.27	16.85
Current Unearned Revenue	14.62	18.54	13.85	16.7	15.7	32.63
Other Current Liabilities	7.58	46.79	98.31	2.74	70.74	41.82
Total Current Liabilities	433.6	464.5	282.85	213.41	226.67	310.28
Long-Term Debt	-	-	-	16.7	51.68	51.04
Long-Term Leases	1.27	2.53	8.19	7.11	8.08	-
Long-Term Unearned Revenue	30.13	30.95	30.97	63.76	28.22	25.17
Long-Term Deferred Tax Liabilities	8.77	8.19	3.71	1.69	2.92	2.43
Other Long-Term Liabilities	0.29	0.73	0.99	0.63	0.16	0.59
Total Liabilities	474.06	506.92	326.71	303.31	317.73	389.52
Common Stock	66.67	66.67	66.67	50	50	50
Additional Paid-In Capital	714.28	715.08	715.08	141.28	141.28	141.28
Retained Earnings	376.57	365.19	300.63	203.71	119.44	41.21
Total Common Equity	1,158	1,147	1,082	394.99	310.72	232.5
Minority Interest	-	9.29	9.25	9.28	9.24	8.99
Shareholders' Equity	1,158	1,156	1,092	404.27	319.96	241.49
Total Liabilities & Equity	1,632	1,663	1,418	707.58	637.68	631.01
Total Debt	222.98	188.2	37.96	92.77	69.37	97.18
Net Cash (Debt)	968.37	1,060	1,016	240.55	169.72	136.75
Net Cash Growth	8.15%	4.32%	322.20%	41.73%	24.11%	-
Net Cash Per Share	14.58	15.91	17.39	4.82	3.39	2.74
Filing Date Shares Outstanding	66.67	66.67	66.67	50	50	50
Total Common Shares Outstanding	66.67	66.67	66.67	50	50	50
Working Capital	1,030	1,027	968.27	323.94	262.93	184.48
Book Value Per Share	17.36	17.20	16.23	7.90	6.21	4.65
Tangible Book Value	1,104	1,092	1,028	339.73	282.83	204.13
Tangible Book Value Per Share	16.56	16.38	15.42	6.79	5.66	4.08
Buildings	-	86.28	85.99	85	81.63	80.7
Machinery	-	64.75	62.69	60.41	59.69	51.15
Construction In Progress	-	16.4	0.84	0.71	3.15	1.4

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