SHE:301314 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	53.86	125.91	87.86	227.22	136.9	114.43
Short-Term Investments	26.93	133.77	147.69	-	-	-
Trading Asset Securities	332.32	376.91	193.65	-	20	-
Cash & Short-Term Investments	413.1	636.59	429.2	227.22	156.9	114.43
Cash Growth	-40.26%	48.32%	88.89%	44.82%	37.11%	627.71%
Accounts Receivable	111.94	125.75	163.36	145.6	180.01	139.4
Other Receivables	3.08	0.88	1.2	1.04	1.67	0.82
Receivables	115.02	126.63	164.57	146.65	181.68	140.22
Inventory	39.14	24.01	21.56	25.74	35.42	21.96
Prepaid Expenses	-	0.07	0.21	-	0.26	-
Other Current Assets	191.63	4.45	5.59	2.53	0.87	1.56
Total Current Assets	758.9	791.75	621.13	402.14	375.12	278.17
Property, Plant & Equipment	182.19	142.23	83.92	90.4	128.23	83.78
Long-Term Investments	218.6	210.79	418.79	21.23	20.95	12.37
Other Intangible Assets	17.55	17.95	18.4	18.94	-	0.03
Long-Term Deferred Tax Assets	6.19	7.98	8.17	11.35	15.12	9.51
Long-Term Deferred Charges	0.58	1.18	1.18	0.47	0.65	0.79
Other Long-Term Assets	-	-	6.25	70.21	-	-
Total Assets	1,184	1,172	1,158	614.75	540.07	384.66
Accounts Payable	65.29	49.89	17.65	10.09	20.83	17.03
Accrued Expenses	7.49	13.89	17.78	30	38.71	22.76
Short-Term Debt	-	-	-	-	-	1.83
Current Portion of Leases	2.83	3.27	1.95	2.91	2.89	-
Current Income Taxes Payable	1.14	2.08	5.69	13.96	10.52	12.68
Current Unearned Revenue	11.06	6.99	9.03	12.48	13.22	4.19
Other Current Liabilities	10.12	3.97	7.42	12.66	14.09	17.7
Total Current Liabilities	97.92	80.09	59.53	82.11	100.25	76.19
Long-Term Leases	4.61	5.52	3.07	3.55	5.25	-
Long-Term Unearned Revenue	0.82	1.81	2.98	0.89	1.92	4.16
Long-Term Deferred Tax Liabilities	4.6	7.38	10.69	16.94	21.35	13.26
Total Liabilities	107.96	94.8	76.27	103.48	128.77	93.6
Common Stock	55.25	55.25	55.25	31.88	31.88	31.88
Additional Paid-In Capital	686.29	683.67	680.09	104.23	104.23	104.23
Retained Earnings	305.09	305.71	307.7	332.04	228.89	104.09
Total Common Equity	1,047	1,045	1,043	468.14	365	240.2
Minority Interest	29.41	32.46	38.54	43.12	46.3	50.87
Shareholders' Equity	1,076	1,077	1,082	511.26	411.3	291.06
Total Liabilities & Equity	1,184	1,172	1,158	614.75	540.07	384.66
Total Debt	7.44	8.79	5.01	6.46	8.14	1.83
Net Cash (Debt)	405.66	627.79	424.18	220.76	148.76	112.6
Net Cash Growth	-40.73%	48.00%	92.15%	48.40%	32.11%	-
Net Cash Per Share	7.35	11.22	8.08	5.33	3.59	2.89
Filing Date Shares Outstanding	55.25	55.25	55.25	55.25	41.44	41.44
Total Common Shares Outstanding	55.25	55.25	55.25	41.44	41.44	41.44
Working Capital	660.97	711.66	561.61	320.03	274.87	201.98
Book Value Per Share	18.94	18.91	18.88	11.30	8.81	5.80
Tangible Book Value	1,029	1,027	1,025	449.2	365	240.16
Tangible Book Value Per Share	18.63	18.58	18.55	10.84	8.81	5.80
Machinery	-	227.55	232.77	234.1	228.65	141.63
Construction In Progress	-	92.06	18.86	0.56	2.81	6.76

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