SHE:301413 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 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	229.37	171.33	580.4	39.48	77.74	41.4
Cash & Short-Term Investments	229.37	171.33	580.4	39.48	77.74	41.4
Cash Growth	11.95%	-70.48%	1370.10%	-49.21%	87.79%	-48.94%
Accounts Receivable	506.72	473.88	391.46	323.32	183.05	167.09
Other Receivables	7.95	5.72	9.47	6.71	3.51	2.22
Receivables	514.67	479.6	400.93	330.02	186.56	169.3
Inventory	300.87	294.82	199.66	198.32	134.15	84.45
Prepaid Expenses	-	-	-	10	1.02	0.7
Other Current Assets	19.03	15.02	15.21	25.57	3.97	5.14
Total Current Assets	1,064	960.77	1,196	603.39	403.45	300.99
Property, Plant & Equipment	912.46	847.73	794.78	692.42	95.02	83.45
Long-Term Investments	6	35.05	2.45	2.45	-	-
Other Intangible Assets	59.82	59.84	59.54	59.2	18.36	18.44
Long-Term Deferred Tax Assets	26.99	26.73	19.93	29.54	7.74	5.31
Long-Term Deferred Charges	23.95	19.18	16.42	20.15	11.3	6.84
Other Long-Term Assets	65.42	21.28	11.08	5.52	13.48	8.6
Total Assets	2,159	1,971	2,100	1,413	549.36	423.63
Accounts Payable	255.64	228.32	167.42	280.69	87.28	77.41
Accrued Expenses	24.09	43.67	49.38	36.77	22.94	19.87
Short-Term Debt	379.21	145.12	221.73	211.34	48.31	23.12
Current Portion of Long-Term Debt	59.02	156.98	58.64	31.24	-	-
Current Portion of Leases	-	4.7	7.13	5.83	-	-
Current Income Taxes Payable	7.97	3.51	-	-	2.62	5.56
Current Unearned Revenue	0.77	0.76	0.99	0.39	1.2	-
Other Current Liabilities	50.27	37.08	26.11	0.3	0.32	1.32
Total Current Liabilities	776.97	620.13	531.39	566.57	162.68	127.28
Long-Term Debt	40	52	385.25	290.84	-	-
Long-Term Leases	8.6	10.34	3.06	7.66	-	-
Long-Term Unearned Revenue	59.01	59.53	9.19	9.37	5.82	6.88
Long-Term Deferred Tax Liabilities	11.87	12.49	13.03	14.15	-	-
Other Long-Term Liabilities	11.16	10.27	10.27	0.03	0.62	-
Total Liabilities	907.62	764.77	952.18	888.61	169.12	134.15
Common Stock	98.4	98.4	75.69	56.77	56.77	55.26
Additional Paid-In Capital	698.81	698.81	721.52	196.16	195.3	166.15
Retained Earnings	453.41	409.81	349.88	269.99	128.17	68.06
Comprehensive Income & Other	0.35	-1.21	1.13	1.13	0	-0
Shareholders' Equity	1,251	1,206	1,148	524.05	380.24	289.48
Total Liabilities & Equity	2,159	1,971	2,100	1,413	549.36	423.63
Total Debt	486.84	369.14	675.8	546.91	48.31	23.12
Net Cash (Debt)	-257.46	-197.81	-95.39	-507.43	29.43	18.27
Net Cash Growth	-	-	-	-	61.04%	-67.21%
Net Cash Per Share	-2.62	-2.01	-1.30	-6.86	0.41	0.25
Filing Date Shares Outstanding	98.4	98.4	98.4	73.95	73.8	72.26
Total Common Shares Outstanding	98.4	98.4	98.4	73.95	73.8	72.26
Working Capital	286.97	340.64	664.81	36.82	240.77	173.72
Book Value Per Share	12.71	12.25	11.67	7.09	5.15	4.01
Tangible Book Value	1,191	1,146	1,089	464.85	361.88	271.03
Tangible Book Value Per Share	12.10	11.65	11.06	6.29	4.90	3.75
Buildings	-	617.06	606.37	27.1	27.1	27.1
Machinery	-	309.88	210.58	169.85	94.09	73.64
Construction In Progress	-	27.06	49.06	541.91	9.86	11.13

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