SHE:301555 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	288.48	375.84	305.61	278.85	239.63	251.9
Trading Asset Securities	88.57	120.87	130.33	-	-	-
Cash & Short-Term Investments	377.05	496.71	435.94	278.85	239.63	251.9
Cash Growth	-8.04%	13.94%	56.33%	16.37%	-4.87%	1.84%
Accounts Receivable	1,676	1,326	1,234	1,251	1,045	549.52
Other Receivables	8.79	0.56	0.45	6.24	6.26	60.22
Receivables	1,685	1,326	1,234	1,257	1,051	609.74
Inventory	129.24	101.88	97.77	114.42	95.72	73.03
Prepaid Expenses	-	-	-	-	-	8.84
Other Current Assets	54.15	63.74	15.73	12.27	35.15	5.46
Total Current Assets	2,245	1,989	1,784	1,662	1,422	948.96
Property, Plant & Equipment	452.26	418.69	202.5	164.54	125.25	48.99
Long-Term Investments	15.14	15.59	15.71	18.85	15.24	6.76
Other Intangible Assets	49.55	49.71	50.89	72.32	44.86	45.72
Long-Term Deferred Tax Assets	4.48	12.35	7.84	4.28	3.25	0.61
Long-Term Deferred Charges	9.52	12.22	10.63	9.58	8.9	0.37
Other Long-Term Assets	16.83	9.7	4.6	1.72	1.23	0.08
Total Assets	2,793	2,507	2,076	1,934	1,621	1,051
Accounts Payable	1,150	942.99	705.25	979.11	837.1	475.63
Accrued Expenses	20.55	19.07	17.76	17	13.9	8.74
Short-Term Debt	258.89	178.07	197.19	255.52	149.8	50
Current Portion of Long-Term Debt	17.15	0.13	-	0.03	-	0.14
Current Portion of Leases	-	9.95	8.65	7.45	6.75	-
Current Income Taxes Payable	6.66	-	4.35	9.79	-	6.24
Current Unearned Revenue	1.72	1.05	1.71	1.12	1.04	-
Other Current Liabilities	96.82	159.9	36.11	57.15	63.01	38.13
Total Current Liabilities	1,552	1,311	971.01	1,327	1,072	578.89
Long-Term Debt	101.55	112.84	-	23.65	12.96	-
Long-Term Leases	16.63	19.97	23.6	21.82	28.06	-
Long-Term Deferred Tax Liabilities	-	-	5.84	6.14	3.34	-
Other Long-Term Liabilities	-	-	-	-	-	0.19
Total Liabilities	1,670	1,444	1,000	1,379	1,116	579.08
Common Stock	92.27	92.27	92.27	69.2	69.2	69.2
Additional Paid-In Capital	747.13	747.13	747.13	307.39	307.39	307.39
Retained Earnings	278.04	217.71	229.98	172.58	125.59	95.94
Comprehensive Income & Other	5.52	6	6.09	5.88	2.66	-
Total Common Equity	1,123	1,063	1,075	555.05	504.85	472.53
Minority Interest	-	-	-	-0.17	-0.16	-0.12
Shareholders' Equity	1,123	1,063	1,075	554.87	504.68	472.41
Total Liabilities & Equity	2,793	2,507	2,076	1,934	1,621	1,051
Total Debt	394.21	320.95	229.43	308.47	197.57	50.14
Net Cash (Debt)	-17.16	175.76	206.51	-29.61	42.05	201.76
Net Cash Growth	-	-14.89%	-	-	-79.16%	-11.16%
Net Cash Per Share	-0.19	1.97	2.84	-0.43	0.61	2.93
Filing Date Shares Outstanding	92.27	92.27	92.27	69.2	69.2	69.2
Total Common Shares Outstanding	92.27	92.27	92.27	69.2	69.2	69.2
Working Capital	693.36	677.66	812.74	335.19	350.31	370.07
Book Value Per Share	12.17	11.52	11.66	8.02	7.30	6.83
Tangible Book Value	1,073	1,013	1,025	482.73	459.99	426.81
Tangible Book Value Per Share	11.63	10.98	11.10	6.98	6.65	6.17
Buildings	-	20.27	20.27	20.27	20.27	-
Machinery	-	117.1	101.1	98.24	91.7	-
Construction In Progress	-	324.99	112.02	70.96	23.2	-

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