SHE:301556 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	417.6	501.28	436.15	314.58	281.82	174.84
Short-Term Investments	43.01	50.93	-	-	-	-
Trading Asset Securities	-	-	32.01	70.71	70.89	117.2
Cash & Short-Term Investments	460.62	552.21	468.16	385.29	352.71	292.04
Cash Growth	73.53%	17.95%	21.51%	9.24%	20.78%	50.39%
Accounts Receivable	168.88	109.27	62.02	53.32	46.67	43.16
Other Receivables	9.02	6.8	8.89	11.17	13.82	12.2
Receivables	177.9	116.07	70.91	64.48	60.49	55.36
Inventory	37.43	51.88	46.91	57.18	50.72	59.63
Other Current Assets	85.12	17.69	13.95	14.22	5.96	4.77
Total Current Assets	761.07	737.85	599.93	521.18	469.89	411.8
Property, Plant & Equipment	182.94	174.34	163.01	124.75	77.66	49.99
Long-Term Investments	199.34	227.26	-	-	-	-
Goodwill	6.61	6.61	6.61	6.61	6.61	6.61
Other Intangible Assets	43.22	44.62	45.5	46.79	46.9	49.55
Long-Term Deferred Tax Assets	5.31	5.66	4.46	3.84	5.1	4.42
Long-Term Deferred Charges	-	-	6.96	5.54	1.51	0.28
Total Assets	1,198	1,196	826.47	708.7	607.66	522.65
Accounts Payable	103.76	99.96	74.54	66.13	63.11	62.86
Accrued Expenses	19.42	36.18	34.54	36.73	33.17	23.4
Short-Term Debt	-	-	10	-	-	-
Current Portion of Leases	-	-	0.6	2.32	2.16	-
Current Income Taxes Payable	11.93	7.58	7.4	9.38	4.32	9.22
Current Unearned Revenue	60.29	82.61	85	105.2	116.83	88.83
Other Current Liabilities	5.95	10.5	11.02	3.97	3.81	4.61
Total Current Liabilities	201.35	236.83	223.1	223.73	223.4	188.92
Long-Term Leases	-	-	-	0.6	2.92	-
Long-Term Unearned Revenue	6.64	12.62	14.58	11.98	6.18	5.32
Long-Term Deferred Tax Liabilities	-	-	0.04	-	0.1	0.41
Other Long-Term Liabilities	2.85	2.63	1.76	0.92	0.71	0.32
Total Liabilities	210.84	252.08	239.48	237.24	233.32	194.97
Common Stock	85.28	85.28	63.96	63.96	63.96	63.96
Additional Paid-In Capital	371.97	369.87	157.37	156.85	152.42	148.2
Retained Earnings	530.4	489.12	365.66	250.65	157.96	115.51
Total Common Equity	987.65	944.27	586.98	471.45	374.34	327.68
Shareholders' Equity	987.65	944.27	586.98	471.45	374.34	327.68
Total Liabilities & Equity	1,198	1,196	826.47	708.7	607.66	522.65
Total Debt	-	-	10.6	2.92	5.09	-
Net Cash (Debt)	460.62	552.21	457.55	382.37	347.63	292.04
Net Cash Growth	73.53%	20.69%	19.66%	9.99%	19.04%	58.56%
Net Cash Per Share	5.51	8.18	7.16	5.98	5.44	4.70
Filing Date Shares Outstanding	85.28	85.28	63.96	63.96	63.96	62.11
Total Common Shares Outstanding	85.28	85.28	63.96	63.96	63.96	62.11
Working Capital	559.72	501.02	376.83	297.44	246.49	222.88
Book Value Per Share	11.58	11.07	9.18	7.37	5.85	5.28
Tangible Book Value	937.81	893.03	534.88	418.05	320.83	271.52
Tangible Book Value Per Share	11.00	10.47	8.36	6.54	5.02	4.37
Buildings	-	50.84	51.3	17.03	16.88	16.88
Machinery	-	16.74	18.58	16.44	15.56	15.47
Construction In Progress	-	126.23	109.62	103.71	52.9	28.6

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