SHE:301295 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	626.82	555.08	672.74	20.22	14.98	22.85
Trading Asset Securities	6.13	20.01	-	-	-	-
Cash & Short-Term Investments	632.95	575.1	672.74	20.22	14.98	22.85
Cash Growth	12.13%	-14.51%	3227.17%	34.94%	-34.43%	49.26%
Accounts Receivable	250.44	278.56	161.34	176.27	184.82	163.61
Other Receivables	4.53	4.84	5.43	3.18	2.35	1.31
Receivables	254.97	283.41	166.77	179.45	187.17	164.93
Inventory	171.86	151	107.98	82.6	105.34	60.19
Other Current Assets	12.09	7.58	8.03	12.03	6.47	1.66
Total Current Assets	1,072	1,017	955.52	294.3	313.97	249.64
Property, Plant & Equipment	201.8	206.83	207.31	198.11	175.87	140.67
Other Intangible Assets	30.72	24.81	21.62	21.93	17.2	17.49
Long-Term Deferred Tax Assets	0	0	0	0	0	0.19
Other Long-Term Assets	6.08	6.47	0.69	0.63	5.79	1.89
Total Assets	1,310	1,255	1,185	514.97	512.83	409.87
Accounts Payable	203.58	245.74	172.23	148.37	215.45	165.97
Accrued Expenses	14.56	19.35	19.33	16.2	24.61	19.94
Short-Term Debt	119.24	5.35	-	10.01	5.93	17.29
Current Portion of Long-Term Debt	-	-	-	0.42	-	-
Current Portion of Leases	1.25	1.67	0.73	-	-	-
Current Income Taxes Payable	1.09	0.09	-	0.02	0.22	7.01
Current Unearned Revenue	3.31	7.59	5.67	2.43	3.63	4.59
Other Current Liabilities	0.21	1.43	0.6	0.18	0.4	0.28
Total Current Liabilities	343.24	281.22	198.57	177.64	250.24	215.09
Long-Term Leases	-	-	0.71	-	-	-
Long-Term Unearned Revenue	11.19	13.29	16.16	14.82	6.76	8.32
Long-Term Deferred Tax Liabilities	1.89	2.83	3.13	3.37	2.37	-
Total Liabilities	356.32	297.35	218.58	195.82	259.38	223.41
Common Stock	100.8	100.8	72	54	54	54
Additional Paid-In Capital	598.1	598.1	626.9	40.88	40.88	40.79
Retained Earnings	255.25	258.95	267.66	224.27	158.57	91.67
Shareholders' Equity	954.15	957.86	966.56	319.15	253.45	186.46
Total Liabilities & Equity	1,310	1,255	1,185	514.97	512.83	409.87
Total Debt	120.49	7.02	1.44	10.43	5.93	17.29
Net Cash (Debt)	512.46	568.07	671.3	9.79	9.05	5.56
Net Cash Growth	-8.98%	-15.38%	6758.27%	8.13%	62.89%	-
Net Cash Per Share	4.96	5.62	7.58	0.13	0.12	0.08
Filing Date Shares Outstanding	100.8	100.8	100.8	75.6	75.6	75.6
Total Common Shares Outstanding	100.8	100.8	100.8	75.6	75.6	75.6
Working Capital	728.62	735.87	756.95	116.66	63.72	34.54
Book Value Per Share	9.47	9.50	9.59	4.22	3.35	2.47
Tangible Book Value	923.43	933.05	944.94	297.22	236.25	168.97
Tangible Book Value Per Share	9.16	9.26	9.37	3.93	3.12	2.24
Buildings	-	81.91	80.8	76.84	75.44	70.34
Machinery	-	224.07	203.16	170.88	139.53	112.04
Construction In Progress	-	21.47	20.99	29.48	20.21	1.34

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