SHE:301489 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	253.77	273.38	437.58	78.5	77.5	102.07
Trading Asset Securities	30	50.13	50	-	-	-
Cash & Short-Term Investments	283.77	323.52	487.58	78.5	77.5	102.07
Cash Growth	0.36%	-33.65%	521.09%	1.29%	-24.07%	215.02%
Accounts Receivable	364.28	328.42	200.18	184.78	144.94	137.23
Other Receivables	8.65	7.78	2.86	3.27	16.59	13.75
Receivables	372.93	336.19	203.03	188.05	161.53	150.99
Inventory	249.84	181.16	103.87	93.61	94.83	69.3
Other Current Assets	12.79	5.39	6.17	10.72	6.07	6.83
Total Current Assets	919.33	846.26	800.66	370.88	339.94	329.18
Property, Plant & Equipment	581.64	564.72	363.6	262.11	144.11	59.68
Long-Term Investments	0.36	-	-	-	-	-
Goodwill	17.13	17.13	1.67	1.67	1.67	1.67
Other Intangible Assets	57.67	62.03	17.54	17.62	17.82	1.48
Long-Term Accounts Receivable	9.49	2.7	-	-	-	-
Long-Term Deferred Tax Assets	11.92	10.74	2.47	1.94	1.98	2.14
Long-Term Deferred Charges	9.4	6.46	5.5	8.08	9.43	5.44
Other Long-Term Assets	10.01	10.56	6.81	7.13	8.13	15.39
Total Assets	1,617	1,521	1,198	669.42	523.07	414.98
Accounts Payable	313.55	321.27	153.86	94.76	64.09	72.32
Accrued Expenses	12.89	25.61	9.36	6.96	7.39	4.84
Short-Term Debt	100.06	80.41	10.79	9.55	57.65	10.95
Current Portion of Leases	12.94	6.77	5.3	5.74	-	-
Current Income Taxes Payable	5.16	5.91	2.83	-	2.31	4.81
Current Unearned Revenue	4.11	0.73	0.09	0.05	0.01	0.03
Other Current Liabilities	7.36	0.44	0.21	0.17	6.83	1.39
Total Current Liabilities	456.07	441.15	182.43	117.24	138.28	94.35
Long-Term Debt	25.5	-	-	121.12	10.01	-
Long-Term Leases	22.52	30.64	5.31	11.05	16.37	-
Long-Term Unearned Revenue	5.56	6.53	4.55	1.91	2.23	1.82
Long-Term Deferred Tax Liabilities	2.83	3.08	2.93	3.2	-	-
Other Long-Term Liabilities	1.16	-	-	0.1	-	-
Total Liabilities	513.63	481.4	195.22	254.64	166.9	96.17
Common Stock	80.75	57.68	57.68	43.26	43.26	43.26
Additional Paid-In Capital	645.47	665.9	667.38	148.43	148.43	148.43
Retained Earnings	359.04	309.97	272.17	217.59	159.05	122.43
Comprehensive Income & Other	-1.63	0.57	-0	-0	0.01	0
Total Common Equity	1,084	1,034	997.23	409.28	350.75	314.12
Minority Interest	19.67	5.07	5.79	5.51	5.43	4.69
Shareholders' Equity	1,103	1,039	1,003	414.79	356.17	318.81
Total Liabilities & Equity	1,617	1,521	1,198	669.42	523.07	414.98
Total Debt	161.03	117.82	21.4	147.47	84.03	10.95
Net Cash (Debt)	122.74	205.69	466.18	-68.97	-6.53	91.12
Net Cash Growth	-39.23%	-55.88%	-	-	-	749.95%
Net Cash Per Share	1.52	2.55	7.32	-1.14	-0.11	1.65
Filing Date Shares Outstanding	80.75	80.75	80.75	60.57	60.57	60.57
Total Common Shares Outstanding	80.75	80.75	80.75	60.57	60.57	60.57
Working Capital	463.26	405.11	618.22	253.64	201.65	234.83
Book Value Per Share	13.42	12.81	12.35	6.76	5.79	5.19
Tangible Book Value	1,009	954.97	978.01	389.99	331.26	310.98
Tangible Book Value Per Share	12.49	11.83	12.11	6.44	5.47	5.13
Buildings	-	348.01	-	-	-	-
Machinery	-	253.92	178.64	158.19	126.53	75.8
Construction In Progress	-	6.34	234.68	131.67	23.62	1.45

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