SHE:301505 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	146.04	159.56	270.94	270.94	261.27	278.72
Short-Term Investments	-	-	168.38	-	-	-
Trading Asset Securities	378.47	439.23	230.15	-	-	-
Cash & Short-Term Investments	524.51	598.8	669.47	270.94	261.27	278.72
Cash Growth	-11.61%	-10.56%	147.09%	3.70%	-6.26%	73.91%
Accounts Receivable	261.03	289.08	302.23	247.13	197.15	178
Other Receivables	25.97	25.89	11.65	23.34	5.49	8.82
Receivables	287	314.98	313.88	270.47	202.64	186.81
Prepaid Expenses	-	0	0	0	0	0
Other Current Assets	28.91	15.41	9.31	7.27	9.43	5.42
Total Current Assets	840.42	929.18	992.66	548.69	473.34	470.95
Property, Plant & Equipment	59.18	272.37	189.86	136.97	95.99	46.47
Long-Term Investments	34.05	20.43	4.91	4.92	4.89	4.97
Goodwill	8.41	8.41	10.8	10.8	10.8	10.8
Other Intangible Assets	46.05	46.95	48.62	22.71	23.29	24.1
Long-Term Deferred Tax Assets	36.86	36.23	28.78	23.85	19.39	13.14
Long-Term Deferred Charges	2.81	3.49	3.87	7.75	6.69	6.61
Other Long-Term Assets	308.09	63.4	67.2	14.25	10.38	4.63
Total Assets	1,336	1,380	1,347	769.95	644.77	581.68
Accounts Payable	136.44	110.05	105.88	103.56	87.14	82.14
Accrued Expenses	43.01	70.99	67.99	62.22	54.42	50.54
Short-Term Debt	-	6.45	42.43	-	-	-
Current Portion of Leases	6.35	6.11	5.32	6.39	7.37	-
Current Income Taxes Payable	22.06	9.03	14.26	11.31	12.46	10.09
Current Unearned Revenue	23.55	17.28	21.29	27.42	34.62	44.91
Other Current Liabilities	26.52	57.01	44.89	47.96	17.54	14.4
Total Current Liabilities	257.93	276.93	302.07	258.85	213.54	202.08
Long-Term Debt	106.93	93.1	31.02	37.5	7.26	-
Long-Term Leases	6.41	11.78	6.27	8.23	8	-
Long-Term Deferred Tax Liabilities	1.92	2.49	1.49	1.98	-	-
Total Liabilities	373.19	384.3	340.84	306.56	228.8	202.08
Common Stock	114.4	88	88	66	66	66
Additional Paid-In Capital	568.12	591.86	591.64	114.68	114.68	114.68
Retained Earnings	298.51	312.56	322.22	279.37	232.68	195.9
Total Common Equity	959.08	992.42	1,002	460.05	413.36	376.58
Minority Interest	3.6	3.76	3.99	3.34	2.62	3.02
Shareholders' Equity	962.68	996.18	1,006	463.39	415.97	379.6
Total Liabilities & Equity	1,336	1,380	1,347	769.95	644.77	581.68
Total Debt	119.7	117.44	85.05	52.12	22.63	-
Net Cash (Debt)	404.81	481.36	584.42	218.83	238.65	278.72
Net Cash Growth	-13.92%	-17.64%	167.07%	-8.30%	-14.38%	73.91%
Net Cash Per Share	3.10	4.20	5.98	2.56	2.78	3.26
Filing Date Shares Outstanding	113.32	114.57	114.57	85.92	85.71	85.51
Total Common Shares Outstanding	113.32	114.57	114.57	85.92	85.71	85.51
Working Capital	582.49	652.26	690.59	289.84	259.8	268.87
Book Value Per Share	8.46	8.66	8.74	5.35	4.82	4.40
Tangible Book Value	904.62	937.05	942.45	426.53	379.27	341.67
Tangible Book Value Per Share	7.98	8.18	8.23	4.96	4.42	4.00
Buildings	-	41.46	41.46	18.56	18.56	16.1
Machinery	-	21.59	19.29	18.51	18.01	16.76
Construction In Progress	-	216.62	140.96	105.67	61.35	27.99

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