SHE:301551 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,221	1,193	1,778	1,407	1,232	210.5
Trading Asset Securities	1.71	-	13.1	43.22	43.34	679.69
Cash & Short-Term Investments	1,222	1,193	1,792	1,450	1,276	890.19
Cash Growth	-46.88%	-33.42%	23.58%	13.65%	43.30%	70.20%
Accounts Receivable	119.3	210.03	151.69	138.39	146.5	400.72
Other Receivables	1.15	0.07	0.27	-	-	-
Receivables	120.45	210.11	151.96	138.39	146.5	400.72
Inventory	0.61	0.64	0.6	1.78	2.19	0.45
Other Current Assets	26.79	46.21	14.51	11.64	42.2	18.88
Total Current Assets	1,370	1,450	1,959	1,602	1,467	1,310
Property, Plant & Equipment	67.87	83.65	71.21	65.49	46.39	44.71
Long-Term Investments	0.91	1,015	0.65	104.94	101.99	1.72
Other Intangible Assets	47.68	47.17	27.77	40.42	13.66	14.4
Long-Term Deferred Charges	4.45	7.04	9.34	0.22	-	0.8
Other Long-Term Assets	1,236	9.31	13.11	12.37	-	0.47
Total Assets	2,727	2,612	2,081	1,825	1,629	1,372
Accounts Payable	148.36	107.07	128.21	108.9	79.08	95.5
Accrued Expenses	13.24	20.22	34.62	54	58.5	49.67
Current Portion of Leases	0.86	1.12	2.59	0.79	2.3	-
Current Income Taxes Payable	2.17	-	-	-	-	-
Current Unearned Revenue	3.53	2.3	2.91	2.9	1.44	4.48
Other Current Liabilities	0.29	19.02	20.98	54.39	22.14	21.94
Total Current Liabilities	168.44	149.74	189.3	220.99	163.45	171.59
Long-Term Leases	0.27	0.14	2.01	0.79	1.5	-
Long-Term Unearned Revenue	0.58	1.33	2.33	-	0.37	1.77
Other Long-Term Liabilities	-	-	-	-	-	1.39
Total Liabilities	169.29	151.21	193.64	221.78	165.32	174.75
Common Stock	400.01	400.01	360	360	360	360
Additional Paid-In Capital	977.76	977.76	667.68	667.68	667.68	667.68
Retained Earnings	1,180	1,083	859.41	575.53	435.6	169.9
Shareholders' Equity	2,558	2,461	1,887	1,603	1,463	1,198
Total Liabilities & Equity	2,727	2,612	2,081	1,825	1,629	1,372
Total Debt	1.13	1.27	4.6	1.58	3.8	-
Net Cash (Debt)	1,221	1,192	1,787	1,448	1,272	890.19
Net Cash Growth	-46.90%	-33.32%	23.40%	13.86%	42.88%	70.20%
Net Cash Per Share	3.05	3.22	4.96	4.02	3.53	2.58
Filing Date Shares Outstanding	400.01	400.01	360	360	360	360
Total Common Shares Outstanding	400.01	400.01	360	360	360	360
Working Capital	1,202	1,300	1,769	1,381	1,303	1,139
Book Value Per Share	6.40	6.15	5.24	4.45	4.06	3.33
Tangible Book Value	2,510	2,414	1,859	1,563	1,450	1,183
Tangible Book Value Per Share	6.28	6.03	5.16	4.34	4.03	3.29
Buildings	-	48.25	45.32	42.74	42.74	42.74
Machinery	-	128.22	96.08	79.66	48.9	45.46

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