SHE:301368 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	179.67	165.6	328.56	629.96	46.39	62.62
Trading Asset Securities	-	-	10.18	-	-	-
Cash & Short-Term Investments	179.67	165.6	338.74	629.96	46.39	62.62
Cash Growth	23.14%	-51.11%	-46.23%	1257.97%	-25.92%	68.71%
Accounts Receivable	196.21	179.05	156.66	102.21	145.99	104.49
Other Receivables	1.7	0.32	4.08	2.25	0.31	0.27
Receivables	197.91	179.37	160.74	104.46	146.3	104.76
Inventory	171.3	146.29	119.34	98.21	128.4	72.74
Other Current Assets	24.43	16.28	6.19	10.15	14.34	5.64
Total Current Assets	573.31	507.54	625.01	842.79	335.43	245.76
Property, Plant & Equipment	767.59	620.46	449.64	367.61	276.4	169.58
Long-Term Investments	32.55	31.8	30.81	-	-	-
Other Intangible Assets	107.59	109.06	60.78	62.66	64.25	65.79
Long-Term Deferred Tax Assets	4.83	2.16	1.53	1.38	1.76	1.32
Other Long-Term Assets	10.53	43.93	55.87	-	7.04	12.43
Total Assets	1,498	1,315	1,224	1,274	684.87	494.87
Accounts Payable	237.17	244.89	226.74	176.88	272.73	174.7
Accrued Expenses	10.76	14.22	13.1	8.76	12.51	9.39
Short-Term Debt	212.4	60.9	-	36.11	37.09	35.09
Current Portion of Leases	0.92	0.99	-	-	-	-
Current Income Taxes Payable	2.43	-	-	-	2.34	2.21
Current Unearned Revenue	1.3	2.12	2.61	2.4	1.44	2.69
Other Current Liabilities	8.93	5.9	5.49	3.98	0.78	0.11
Total Current Liabilities	473.91	329.01	247.94	228.13	326.89	224.19
Long-Term Debt	34.66	-	-	82.18	29.27	5
Long-Term Leases	3	4.43	-	-	-	-
Long-Term Unearned Revenue	16.01	4.83	5.39	2.39	2.24	-
Long-Term Deferred Tax Liabilities	-	0	-	0.46	-	-
Total Liabilities	527.58	338.28	253.33	313.16	358.4	229.19
Common Stock	120.1	120.1	120.1	120.1	90	90
Additional Paid-In Capital	664.62	664.62	664.62	664.62	104.82	104.82
Retained Earnings	185.21	192.22	185.64	176.56	131.66	70.87
Comprehensive Income & Other	0.28	-0.26	-0.05	-	-	-
Shareholders' Equity	970.22	976.68	970.31	961.28	326.48	265.68
Total Liabilities & Equity	1,498	1,315	1,224	1,274	684.87	494.87
Total Debt	250.98	66.32	-	118.29	66.36	40.09
Net Cash (Debt)	-71.31	99.28	338.74	511.68	-19.97	22.53
Net Cash Growth	-	-70.69%	-33.80%	-	-	-
Net Cash Per Share	-0.67	0.83	2.81	5.70	-0.22	0.25
Filing Date Shares Outstanding	120.1	120.1	120.1	120.1	90	90
Total Common Shares Outstanding	120.1	120.1	120.1	120.1	90	90
Working Capital	99.4	178.53	377.07	614.66	8.54	21.57
Book Value Per Share	8.08	8.13	8.08	8.00	3.63	2.95
Tangible Book Value	862.62	867.63	909.53	898.62	262.23	199.89
Tangible Book Value Per Share	7.18	7.22	7.57	7.48	2.91	2.22
Buildings	-	206.6	203.68	196.77	72.28	58.67
Machinery	-	460.69	320.33	291.56	274.59	184.47
Construction In Progress	-	153.78	93.46	18.37	45.55	19.27

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