SHE:301525 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	2,117	2,279	2,477	500.61	406.36	572.08
Trading Asset Securities	-	-	-	-	-	80
Cash & Short-Term Investments	2,117	2,279	2,477	500.61	406.36	652.08
Cash Growth	-10.81%	-8.00%	394.84%	23.20%	-37.68%	149.45%
Accounts Receivable	702.32	695.16	718.97	649.06	555.04	376.09
Other Receivables	3.83	57.88	42.35	26.34	6.95	1.52
Receivables	706.15	753.04	761.32	675.4	561.99	377.61
Inventory	276.75	342.49	349.05	390.24	324.5	185.07
Other Current Assets	78.49	7.3	8.72	9.67	7.13	3.97
Total Current Assets	3,178	3,382	3,596	1,576	1,300	1,219
Property, Plant & Equipment	627.65	467.5	241.49	139.38	91.79	58.3
Other Intangible Assets	71.32	72.42	74.41	71.27	3.16	3.13
Long-Term Deferred Tax Assets	17.56	26.44	27.39	29.37	23.83	17.83
Long-Term Deferred Charges	0.63	3.63	9.41	13.94	8.96	8.3
Other Long-Term Assets	24.31	5.66	2.44	3.65	2.82	3.51
Total Assets	3,920	3,958	3,951	1,834	1,431	1,310
Accounts Payable	572.84	676.63	786.33	901.63	720.77	442.47
Accrued Expenses	20.17	44.25	41.6	48.5	38.85	20.84
Current Portion of Long-Term Debt	-	-	-	14.1	14.12	-
Current Portion of Leases	5.28	10.95	11.57	11.62	11.97	-
Current Income Taxes Payable	15.92	5.74	5.88	8.15	8.11	1.87
Current Unearned Revenue	4.59	5.68	3.97	7.88	10.29	5.69
Other Current Liabilities	20.05	21.04	12.76	9.94	13.26	7.92
Total Current Liabilities	638.85	764.3	862.12	1,002	817.38	478.79
Long-Term Debt	-	-	-	58	72	-
Long-Term Leases	9	12.98	19.54	23.61	12.5	-
Long-Term Unearned Revenue	2.09	2.78	4.12	6.15	8.18	8.46
Other Long-Term Liabilities	9.03	8.63	8.34	9.61	5.17	3.13
Total Liabilities	658.96	788.69	894.12	1,099	915.23	490.39
Common Stock	94.31	94.31	94.31	70.72	70.72	70.72
Additional Paid-In Capital	2,363	2,363	2,358	263.02	262.52	466.58
Retained Earnings	803.4	711.79	604.84	388.46	177.13	122.29
Comprehensive Income & Other	0.11	0	-	-	-	-
Total Common Equity	3,261	3,169	3,057	722.2	510.38	659.59
Minority Interest	-	-	-	12.14	4.94	159.81
Shareholders' Equity	3,261	3,169	3,057	734.34	515.32	819.41
Total Liabilities & Equity	3,920	3,958	3,951	1,834	1,431	1,310
Total Debt	14.28	23.93	31.11	107.32	110.59	-
Net Cash (Debt)	2,102	2,255	2,446	393.29	295.77	652.08
Net Cash Growth	-10.11%	-7.80%	521.96%	32.97%	-54.64%	149.45%
Net Cash Per Share	22.20	23.86	31.09	5.56	4.18	11.02
Filing Date Shares Outstanding	94.31	94.31	94.31	70.72	70.72	70.72
Total Common Shares Outstanding	94.31	94.31	94.31	70.72	70.72	70.72
Working Capital	2,539	2,618	2,734	574.09	482.61	739.94
Book Value Per Share	34.57	33.60	32.42	10.21	7.22	9.33
Tangible Book Value	3,189	3,097	2,983	650.93	507.22	656.47
Tangible Book Value Per Share	33.82	32.83	31.63	9.20	7.17	9.28
Machinery	-	198.98	182.69	170.13	131.42	110.41
Construction In Progress	-	359.58	126.23	16.89	2.73	0.76

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.