SHE:301458 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	729.34	338.36	330.74	341.55	103.4	38.59
Cash & Short-Term Investments	934.58	338.36	330.74	341.55	103.4	38.59
Cash Growth	194.22%	2.30%	-3.17%	230.32%	167.98%	-
Accounts Receivable	211.25	181.03	161.41	127.01	141.56	130.32
Other Receivables	1.21	0.64	0.15	21	3.34	5.92
Receivables	212.46	181.67	161.56	148.02	144.9	136.24
Inventory	88.55	81.3	78.64	90.78	103.75	50.28
Prepaid Expenses	-	0.39	0.99	-	0.31	0.12
Other Current Assets	55.91	97.72	34.83	18.46	8.74	5.3
Total Current Assets	1,291	699.44	606.77	598.81	361.1	230.53
Property, Plant & Equipment	552.91	483.26	392.97	245.94	242.13	142.44
Long-Term Investments	19.7	15.13	15.53	23.87	-	-
Other Intangible Assets	25.7	25.6	26.23	25.98	6.62	6.7
Long-Term Deferred Tax Assets	14.42	11.1	8.15	4.29	4.46	5.06
Long-Term Deferred Charges	13.74	16.82	13.16	12.9	9.21	8.04
Other Long-Term Assets	4.72	3.6	3.05	6.37	6.95	9.01
Total Assets	1,923	1,255	1,066	918.16	630.47	401.78
Accounts Payable	60.93	49.62	56.42	39.15	69.49	54.47
Accrued Expenses	25.52	45.54	28.2	39.33	32.28	20.39
Short-Term Debt	12.41	-	-	-	27.11	6.52
Current Portion of Long-Term Debt	9.15	0.35	0.39	0.25	2.17	2.41
Current Portion of Leases	-	10.79	9.62	-	-	-
Current Income Taxes Payable	22.65	6.39	5.35	10.56	4.6	5.73
Current Unearned Revenue	0.33	0.53	0.68	0.21	0.77	0.55
Other Current Liabilities	58.93	95.79	47.09	37.06	64.14	32.5
Total Current Liabilities	189.91	209.04	147.75	126.55	200.55	122.57
Long-Term Debt	1.24	1.44	1.92	2.37	3.31	6.17
Long-Term Leases	66.42	68.57	55.61	28.77	33.95	-
Long-Term Unearned Revenue	11.31	12.93	15.09	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	0.01	0.29	0.58
Total Liabilities	268.87	291.97	220.37	157.71	238.11	129.32
Common Stock	266.67	200	200	200	104.73	90.01
Additional Paid-In Capital	984.41	421.77	410.28	399.53	22.08	26.46
Retained Earnings	413.47	352.09	246.54	156.62	267.29	154.85
Comprehensive Income & Other	-10.73	-10.89	-11.33	4.31	-2.06	-0.76
Total Common Equity	1,654	962.97	845.49	760.46	392.04	270.57
Minority Interest	-	-	-	-	0.32	1.89
Shareholders' Equity	1,654	962.97	845.49	760.46	392.36	272.46
Total Liabilities & Equity	1,923	1,255	1,066	918.16	630.47	401.78
Total Debt	89.21	81.16	67.54	31.39	66.54	15.1
Net Cash (Debt)	845.37	257.2	263.2	310.17	36.86	23.49
Net Cash Growth	261.44%	-2.28%	-15.14%	741.38%	56.95%	-
Net Cash Per Share	3.45	1.29	1.32	1.58	0.24	0.18
Filing Date Shares Outstanding	266.67	200	200	200	156.17	128.43
Total Common Shares Outstanding	266.67	200	200	200	156.17	128.43
Working Capital	1,102	490.4	459.01	472.26	160.54	107.95
Book Value Per Share	6.20	4.81	4.23	3.80	2.51	2.11
Tangible Book Value	1,628	937.36	819.26	734.48	385.43	263.87
Tangible Book Value Per Share	6.11	4.69	4.10	3.67	2.47	2.05
Buildings	-	36.27	32.25	-	-	-
Machinery	-	334.47	317.12	-	-	-
Construction In Progress	-	210.68	126.41	-	-	-

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