SHE:301520 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	60.95	179.29	253.5	186.35	161.55	120.01
Trading Asset Securities	1,101	1,023	902.81	-	-	-
Cash & Short-Term Investments	1,162	1,203	1,156	186.35	161.55	120.01
Cash Growth	1.78%	4.02%	520.52%	15.35%	34.61%	244.24%
Accounts Receivable	176.02	176.48	135.09	92.68	57.88	41.05
Other Receivables	7.03	3.99	3.24	-	-	-
Receivables	183.06	180.47	138.33	92.68	57.88	41.05
Inventory	0.96	1.96	0.67	0.44	0.18	0.38
Other Current Assets	17.41	17.54	66.88	6.75	6.36	3
Total Current Assets	1,363	1,403	1,362	286.22	225.97	164.45
Property, Plant & Equipment	194.44	176.43	150.01	97.28	42.15	32.65
Long-Term Investments	13	3	-	-	-	-
Other Intangible Assets	10.85	11.57	12	10.09	9.48	0.79
Long-Term Deferred Tax Assets	0.53	-	0.11	1.35	1	0.53
Long-Term Deferred Charges	2.07	2.75	9.58	5.39	3.16	2.13
Other Long-Term Assets	7.1	7.32	10.7	4.28	1.88	-
Total Assets	1,591	1,604	1,545	404.6	283.63	200.55
Accounts Payable	32.25	37.83	27.02	7.86	4.75	3.79
Accrued Expenses	10	13.95	15.59	15.95	11.68	9.81
Short-Term Debt	2.07	1.6	1	-	-	-
Current Portion of Leases	-	-	-	0.03	0.12	-
Current Income Taxes Payable	0.74	0.27	0.31	1.67	3.62	2.98
Current Unearned Revenue	16.49	19.7	20.65	17.64	16.54	27.12
Other Current Liabilities	0.82	1.36	2.36	22.1	7.57	0.72
Total Current Liabilities	62.36	74.72	66.94	65.24	44.26	44.42
Long-Term Leases	-	-	-	-	0.03	-
Long-Term Unearned Revenue	10.34	7.41	6.55	2.94	2.95	1.96
Long-Term Deferred Tax Liabilities	5.69	8.31	7.1	4.8	3.51	3.15
Total Liabilities	78.39	90.44	80.58	72.98	50.75	49.53
Common Stock	66.67	66.67	66.67	50	50	50
Additional Paid-In Capital	1,039	1,037	1,037	29.79	29.79	29.79
Retained Earnings	422.02	412.12	359.92	251.83	153.1	71.23
Treasury Stock	-15.23	-2.84	-	-	-	-
Total Common Equity	1,513	1,513	1,464	331.62	232.88	151.01
Shareholders' Equity	1,513	1,513	1,464	331.62	232.88	151.01
Total Liabilities & Equity	1,591	1,604	1,545	404.6	283.63	200.55
Total Debt	2.07	1.6	1	0.03	0.15	-
Net Cash (Debt)	1,160	1,201	1,155	186.32	161.41	120.01
Net Cash Growth	1.60%	3.97%	520.08%	15.43%	34.49%	244.24%
Net Cash Per Share	17.41	17.98	21.38	3.72	3.23	2.51
Filing Date Shares Outstanding	66.26	66.67	66.67	50	49.92	50
Total Common Shares Outstanding	66.26	66.67	66.67	50	49.92	50
Working Capital	1,301	1,328	1,295	220.97	181.71	120.02
Book Value Per Share	22.83	22.70	21.96	6.63	4.67	3.02
Tangible Book Value	1,502	1,502	1,452	321.52	223.4	150.22
Tangible Book Value Per Share	22.67	22.53	21.78	6.43	4.48	3.00
Buildings	-	94.1	90.51	8.95	8.95	10.3
Machinery	-	117.62	83.24	49.03	36.97	31.35
Construction In Progress	-	1.67	-	56.93	9.16	0.56

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