SHE:301326 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	216.72	286.71	301.01	216.72	160.74	132.98
Short-Term Investments	102.51	150.23	30.02	-	-	0.01
Trading Asset Securities	161.4	251.21	261	379.44	2.3	-
Cash & Short-Term Investments	480.63	688.15	592.03	596.16	163.03	132.99
Cash Growth	33.93%	16.24%	-0.69%	265.67%	22.59%	72.26%
Accounts Receivable	674.39	300.07	215.9	371.08	324.76	372.36
Other Receivables	32.88	12.46	8.79	9.08	5.58	7.38
Receivables	707.27	312.53	224.69	380.17	330.35	379.74
Inventory	197.55	77.55	79.12	101.01	87.44	77.45
Prepaid Expenses	-	-	0	0.28	0.83	2.38
Other Current Assets	43.42	22.83	23.95	21.38	20.28	8.34
Total Current Assets	1,429	1,101	919.79	1,099	601.93	600.91
Property, Plant & Equipment	687.81	371.74	309.43	274.74	232.63	78.81
Long-Term Investments	88.96	72.87	269.22	274.72	14.32	-
Goodwill	329.18	62.24	14.74	-	-	-
Other Intangible Assets	94.67	33.87	34.79	10.94	10.15	9.67
Long-Term Deferred Tax Assets	79.77	53	41.57	35.51	16.97	11.41
Long-Term Deferred Charges	50.6	12.57	17.22	22.97	16.84	9.47
Other Long-Term Assets	43.21	75.67	5.52	21.18	15.87	6.07
Total Assets	2,803	1,783	1,612	1,739	908.72	716.33
Accounts Payable	344.16	182.75	128.56	136.03	233.6	223.13
Accrued Expenses	42.36	29.52	23.75	31.52	29.75	22.33
Short-Term Debt	352.07	180.47	62.42	78.49	74.26	48.64
Current Portion of Leases	16.02	14.04	14.23	14.15	13.37	-
Current Income Taxes Payable	16.07	3.47	0	4.81	2.39	5.45
Current Unearned Revenue	0.57	0.53	2.81	2.75	-	-
Other Current Liabilities	141.93	8.44	2.5	7.25	2.67	0.27
Total Current Liabilities	913.18	419.21	234.26	274.99	356.04	299.82
Long-Term Debt	320.06	10	-	-	-	-
Long-Term Leases	54.36	18.94	25.41	37.89	45.11	-
Long-Term Unearned Revenue	12.99	9.96	9.81	7.14	7.37	5.43
Long-Term Deferred Tax Liabilities	14.72	6.42	7.38	10.03	0.34	-
Total Liabilities	1,316	464.53	276.87	330.04	408.86	305.25
Common Stock	72.71	72.19	72.19	72.19	54.09	54.09
Additional Paid-In Capital	1,107	1,080	1,073	1,073	256.88	256.88
Retained Earnings	130.15	142.72	176.43	261.11	175.27	89.9
Treasury Stock	-22.1	-13.6	-	-	-	-
Comprehensive Income & Other	-5.1	-4.13	-0.25	-0.22	-0.28	-0.22
Total Common Equity	1,282	1,277	1,321	1,406	485.97	400.65
Minority Interest	205.25	41	13.92	2.82	13.89	10.43
Shareholders' Equity	1,488	1,318	1,335	1,409	499.86	411.09
Total Liabilities & Equity	2,803	1,783	1,612	1,739	908.72	716.33
Total Debt	742.51	223.44	102.06	130.53	132.74	48.64
Net Cash (Debt)	-261.87	464.7	489.97	465.63	30.29	84.35
Net Cash Growth	-	-5.16%	5.23%	1437.05%	-64.09%	411.03%
Net Cash Per Share	-3.65	6.48	6.76	7.92	0.56	1.69
Filing Date Shares Outstanding	72.14	71.8	72.19	72.19	54.09	54.09
Total Common Shares Outstanding	72.14	71.8	72.19	72.19	54.09	54.09
Working Capital	515.69	681.85	685.53	824.01	245.89	301.09
Book Value Per Share	17.77	17.79	18.30	19.48	8.98	7.41
Tangible Book Value	858.41	1,181	1,272	1,395	475.82	390.99
Tangible Book Value Per Share	11.90	16.45	17.62	19.33	8.80	7.23
Buildings	-	73.38	73.38	73.38	0.49	0.49
Machinery	-	293.62	223.22	200.27	139.06	87.48
Construction In Progress	-	91.26	52.9	-	68.46	13.51

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