SHE:301518 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	345.32	385.57	370.62	114.89	156.7	138.34
Trading Asset Securities	-	185.25	573.93	-	-	-
Cash & Short-Term Investments	345.32	570.82	944.54	114.89	156.7	138.34
Cash Growth	-31.37%	-39.57%	722.16%	-26.69%	13.28%	60.31%
Accounts Receivable	225.37	236.07	188.7	158.81	225.52	201.74
Other Receivables	0.08	0.05	0.03	0.02	0.03	0.02
Receivables	225.45	236.11	188.73	158.83	225.54	201.76
Inventory	137.34	118.71	151.27	99.44	85.87	77.24
Prepaid Expenses	-	-	-	6.7	2.55	1.56
Other Current Assets	85.84	25.27	26.36	15.99	10.22	29.88
Total Current Assets	793.95	950.91	1,311	395.85	480.89	448.77
Property, Plant & Equipment	1,611	541.72	370.92	242.73	273.9	252.44
Other Intangible Assets	142.23	146.45	40.22	42.95	23.23	23.79
Long-Term Deferred Tax Assets	10	7.08	3.52	3.36	6.87	7.66
Other Long-Term Assets	70.35	106.84	3.17	13.61	0.23	0.07
Total Assets	2,628	1,753	1,729	698.51	785.12	732.74
Accounts Payable	622.13	185.48	136.9	55.54	51.18	29.6
Accrued Expenses	7.86	11.86	24.04	21.63	40.5	41.39
Short-Term Debt	12.22	40.53	27.03	41.2	202.61	262.32
Current Portion of Long-Term Debt	4.73	-	5.45	1.31	-	-
Current Portion of Leases	-	1.09	0.48	0.46	0.08	-
Current Income Taxes Payable	7.49	4.95	6.4	0	6.59	12.35
Current Unearned Revenue	29.9	23.93	32.1	19.96	10.61	12.8
Other Current Liabilities	29.14	36.8	26.95	24.18	47.8	35.86
Total Current Liabilities	713.47	304.63	259.35	164.29	359.38	394.32
Long-Term Debt	419.67	-	-	16.33	-	-
Long-Term Leases	-	0.73	0.08	0.56	-	-
Long-Term Unearned Revenue	14.67	15.99	11.98	13.15	12.2	13.4
Long-Term Deferred Tax Liabilities	0.03	0.05	-	-	-	-
Other Long-Term Liabilities	7.98	11.54	11.3	-	-	-
Total Liabilities	1,156	332.95	282.71	194.33	371.59	407.73
Common Stock	140.18	140.18	140.18	105.13	105.13	105.13
Additional Paid-In Capital	837.52	835.09	834.04	42.99	41.94	40.97
Retained Earnings	512.45	459.62	471.55	355.48	266.09	178.55
Treasury Stock	-18.21	-15.02	-	-	-	-
Comprehensive Income & Other	0.02	0	-	0.37	-	-
Total Common Equity	1,472	1,420	1,446	503.96	413.16	324.64
Minority Interest	0.1	0.18	0.25	0.21	0.37	0.37
Shareholders' Equity	1,472	1,420	1,446	504.18	413.53	325.01
Total Liabilities & Equity	2,628	1,753	1,729	698.51	785.12	732.74
Total Debt	436.61	42.36	33.04	59.87	202.7	262.32
Net Cash (Debt)	-91.29	528.46	911.5	55.02	-45.99	-123.98
Net Cash Growth	-	-42.02%	1556.72%	-	-	-
Net Cash Per Share	-0.65	3.73	7.62	0.52	-0.44	-1.18
Filing Date Shares Outstanding	139.14	139.33	140.18	105.13	105.13	105.13
Total Common Shares Outstanding	139.14	139.33	140.18	105.13	105.13	105.13
Working Capital	80.48	646.27	1,052	231.56	121.5	54.44
Book Value Per Share	10.58	10.19	10.31	4.79	3.93	3.09
Tangible Book Value	1,330	1,273	1,406	461.01	389.94	300.85
Tangible Book Value Per Share	9.56	9.14	10.03	4.39	3.71	2.86
Buildings	-	178.07	176.08	143.43	142.63	139.21
Machinery	-	561.44	549.69	424.97	420.9	359.56
Construction In Progress	-	205.14	7.38	4.78	0.96	0.7

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