SHE:301303 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	348	327.04	191.65	154.69	123.22	59.48
Short-Term Investments	-	100.57	100.8	-	-	-
Trading Asset Securities	326	410.23	307.42	27.5	22.99	74.9
Cash & Short-Term Investments	673.99	837.84	599.87	182.19	146.21	134.38
Cash Growth	18.23%	39.67%	229.25%	24.61%	8.80%	95.99%
Accounts Receivable	1,436	1,262	1,026	813.41	652.63	554.17
Other Receivables	-	-	8.79	-	-	-
Receivables	1,436	1,262	1,035	813.41	652.63	554.17
Inventory	370.39	297.78	243.44	236.58	195.42	130.39
Other Current Assets	228.56	54.31	46.4	36.82	24.16	24.62
Total Current Assets	2,709	2,452	1,925	1,269	1,018	843.56
Property, Plant & Equipment	621.07	487.17	416.09	280.05	144.08	101.84
Long-Term Investments	185.42	1,201	1,317	134.66	123.04	143.92
Goodwill	6.41	6.41	-	-	-	-
Other Intangible Assets	100.99	87.35	68.52	70.34	46.4	9.45
Long-Term Accounts Receivable	1.27	-	-	5.78	10.14	17
Long-Term Deferred Tax Assets	12.12	11.23	7.34	20.96	14.8	11.01
Long-Term Deferred Charges	0.07	0.26	0.57	1.42	1.09	1.79
Other Long-Term Assets	928.57	32.17	16.24	7.69	35.1	5.1
Total Assets	4,564	4,277	3,750	1,790	1,393	1,134
Accounts Payable	582.25	412.78	386.31	388.43	290.68	246.22
Accrued Expenses	104.88	123.25	94.1	89.48	73.33	72.72
Short-Term Debt	285.34	229.94	20.95	130.12	111.84	104.01
Current Portion of Long-Term Debt	-	78.1	-	-	-	-
Current Portion of Leases	2.63	2.68	-	11	3.45	-
Current Income Taxes Payable	46.07	37.09	31.02	20.62	15.95	9.58
Current Unearned Revenue	32.13	22.35	6.39	10.23	15.34	11.94
Other Current Liabilities	25.94	22.28	12.28	48.5	15.99	15.96
Total Current Liabilities	1,079	928.47	551.06	698.38	526.57	460.42
Long-Term Debt	23.98	-	80.07	73.78	14.39	9.02
Long-Term Leases	3.09	3.56	-	-	7.13	-
Long-Term Unearned Revenue	37.11	34.95	25.16	22.15	17.77	4.41
Long-Term Deferred Tax Liabilities	-	-	-	13.72	5.28	5.4
Total Liabilities	1,143	966.97	656.3	808.04	571.13	479.25
Common Stock	408.8	408.8	292	219	219	219
Additional Paid-In Capital	1,728	1,728	1,844	59.29	59.29	59.29
Retained Earnings	1,228	1,122	943.95	694.3	537.02	374.6
Total Common Equity	3,365	3,258	3,080	972.59	815.31	652.89
Minority Interest	55.68	52.37	13.97	9.26	6.62	1.53
Shareholders' Equity	3,421	3,310	3,094	981.86	821.93	654.42
Total Liabilities & Equity	4,564	4,277	3,750	1,790	1,393	1,134
Total Debt	315.04	314.27	101.02	214.9	136.81	113.03
Net Cash (Debt)	358.96	523.57	498.85	-32.71	9.4	21.35
Net Cash Growth	46.53%	4.96%	-	-	-55.97%	-60.14%
Net Cash Per Share	0.87	1.27	1.27	-0.11	0.03	0.16
Filing Date Shares Outstanding	408.8	408.8	408.8	408.8	306.6	306.6
Total Common Shares Outstanding	408.8	408.8	408.8	306.6	306.6	306.6
Working Capital	1,629	1,524	1,373	570.62	491.84	383.14
Book Value Per Share	8.23	7.97	7.53	3.17	2.66	2.13
Tangible Book Value	3,258	3,164	3,011	902.25	768.9	643.44
Tangible Book Value Per Share	7.97	7.74	7.37	2.94	2.51	2.10
Buildings	-	330.05	271.1	49.19	48.71	31.02
Machinery	-	274.82	220.01	175.88	129.97	110.62
Construction In Progress	-	58.76	47.87	137.45	19.72	6.41

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