SHE:301315 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	464.62	651.56	540.2	218.48	190.2	187.27
Trading Asset Securities	427.39	245.15	330.02	-	-	-
Cash & Short-Term Investments	892.01	896.71	870.22	218.48	190.2	187.27
Cash Growth	14.16%	3.04%	298.31%	14.87%	1.57%	16.99%
Accounts Receivable	56.98	90.74	87.78	62.34	46.69	40.37
Other Receivables	0.65	13	1.94	3.33	0	0.02
Receivables	57.62	103.74	89.72	65.67	46.69	40.39
Inventory	18.84	53.36	79.53	86.48	79.02	67.31
Prepaid Expenses	-	1.67	0.62	1.07	1.46	0.72
Other Current Assets	17.54	2.35	11.09	6.79	6.3	4.18
Total Current Assets	986.02	1,058	1,051	378.49	323.67	299.87
Property, Plant & Equipment	45.69	47.66	52.77	54.21	71.75	39.86
Other Intangible Assets	0.48	-	-	-	0.06	0.31
Long-Term Deferred Tax Assets	0.37	1.11	0.61	0.46	0.48	0.47
Long-Term Deferred Charges	0.32	0.39	0.46	-	-	-
Other Long-Term Assets	14.65	16.12	18.08	20.03	8.46	23.95
Total Assets	1,049	1,123	1,123	453.19	404.44	364.45
Accounts Payable	7.95	50.39	34.23	37.36	25.16	13.81
Accrued Expenses	0.88	5.83	12.49	12.44	10.87	15.93
Current Portion of Leases	0.31	0.14	0.33	0.11	0.3	-
Current Income Taxes Payable	1.32	0.78	0.01	0.81	0.01	0.01
Current Unearned Revenue	20.51	31.79	61.25	63.75	70.34	73.13
Other Current Liabilities	1.13	3.34	4.55	2.03	2.16	1.13
Total Current Liabilities	32.1	92.28	112.85	116.5	108.85	104
Long-Term Leases	0.2	-	0.14	0.12	-	-
Long-Term Unearned Revenue	-	-	0.03	0.08	0.29	0.54
Long-Term Deferred Tax Liabilities	-	-	-	-	0.29	0.31
Total Liabilities	32.3	92.28	113.02	116.71	109.43	104.84
Common Stock	88	88	88	66	66	66
Additional Paid-In Capital	665.37	665.37	665.37	71.92	71.92	71.92
Retained Earnings	264.7	278.41	257.5	199.23	157.53	121.4
Comprehensive Income & Other	-0.91	-0.99	-0.79	-0.66	-0.43	0.29
Total Common Equity	1,017	1,031	1,010	336.49	295.01	259.61
Minority Interest	0.02	0.05	-	-	-	-
Shareholders' Equity	1,017	1,031	1,010	336.49	295.01	259.61
Total Liabilities & Equity	1,049	1,123	1,123	453.19	404.44	364.45
Total Debt	0.51	0.14	0.46	0.24	0.3	-
Net Cash (Debt)	891.5	896.57	869.76	218.24	189.9	187.27
Net Cash Growth	14.12%	3.08%	298.53%	14.92%	1.41%	16.99%
Net Cash Per Share	10.13	10.19	11.29	3.30	2.89	2.82
Filing Date Shares Outstanding	88	88	88	66	66	66
Total Common Shares Outstanding	88	88	88	66	66	66
Working Capital	953.92	965.56	938.33	261.99	214.83	195.87
Book Value Per Share	11.56	11.71	11.48	5.10	4.47	3.93
Tangible Book Value	1,017	1,031	1,010	336.49	294.95	259.3
Tangible Book Value Per Share	11.55	11.71	11.48	5.10	4.47	3.93
Buildings	-	87.56	87.56	85.31	116.62	63.59
Machinery	-	7.37	7.06	7.91	6.95	5.91

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