SHE:301568 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	499.13	558	771.37	168.72	117.6	100.1
Cash & Short-Term Investments	499.13	558	771.37	168.72	117.6	100.1
Cash Growth	-27.02%	-27.66%	357.20%	43.47%	17.48%	35.66%
Accounts Receivable	109.18	104.39	93.2	88.2	92.74	87.36
Receivables	109.18	104.39	93.2	88.2	92.74	87.36
Inventory	227.16	179.42	121.86	143.03	136.64	94.28
Prepaid Expenses	-	-	-	1.84	-	-
Other Current Assets	10.03	3.78	2.13	2.46	1.88	1.16
Total Current Assets	845.5	845.59	988.57	404.25	348.86	282.9
Property, Plant & Equipment	257.34	111.06	96.92	100.53	84.87	20.11
Long-Term Investments	36	36	-	-	-	-
Other Intangible Assets	4.39	4.51	4.52	4.78	4.79	4.95
Long-Term Deferred Tax Assets	1.11	1.08	0.82	0.96	1.22	1.21
Long-Term Deferred Charges	2.01	2.25	0.93	1.31	0.47	0.82
Other Long-Term Assets	9.12	127.61	1.39	0.47	0.53	-
Total Assets	1,155	1,128	1,093	512.3	440.74	309.99
Accounts Payable	38.46	33.51	31.59	32.33	21.1	28.02
Accrued Expenses	9.12	24.48	19.22	25.51	18.82	14.56
Current Portion of Leases	1.6	3.17	0.63	1.55	2.13	-
Current Income Taxes Payable	7.79	3.57	3.34	8.66	4.44	4.2
Current Unearned Revenue	72.15	44.54	22.04	41.99	46.22	19.28
Other Current Liabilities	14.83	16.95	12.06	24.2	28.53	17.12
Total Current Liabilities	143.95	126.22	88.87	134.23	121.25	83.17
Long-Term Leases	2.1	0.57	0.27	0.54	1.79	-
Long-Term Deferred Tax Liabilities	-	-	-	0.79	0.01	-
Other Long-Term Liabilities	0.88	1.08	1.28	1.11	1	0.91
Total Liabilities	146.93	127.87	90.42	136.67	124.05	84.09
Common Stock	103.26	103.26	103.26	77.44	77.44	77.44
Additional Paid-In Capital	517.96	517.96	517.66	15.76	15.05	14.37
Retained Earnings	409.27	388.91	381.82	282.43	224.2	134.09
Treasury Stock	-21.9	-9.91	-	-	-	-
Shareholders' Equity	1,009	1,000	1,003	375.63	316.69	225.9
Total Liabilities & Equity	1,155	1,128	1,093	512.3	440.74	309.99
Total Debt	3.69	3.74	0.9	2.08	3.92	-
Net Cash (Debt)	495.44	554.26	770.47	166.63	113.68	100.1
Net Cash Growth	-27.36%	-28.06%	362.37%	46.58%	13.56%	35.66%
Net Cash Per Share	4.81	5.37	9.68	2.15	1.47	1.29
Filing Date Shares Outstanding	102.58	103.26	103.26	77.44	77.44	77.44
Total Common Shares Outstanding	102.58	103.26	103.26	77.44	77.44	77.44
Working Capital	701.56	719.37	899.7	270.02	227.61	199.73
Book Value Per Share	9.83	9.69	9.71	4.85	4.09	2.92
Tangible Book Value	1,004	995.72	998.21	370.85	311.9	220.95
Tangible Book Value Per Share	9.79	9.64	9.67	4.79	4.03	2.85
Buildings	-	83.56	82.74	82.74	-	-
Machinery	-	49.35	31.86	27.33	18.85	13.38
Construction In Progress	-	3.01	-	-	70.19	12.55

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